In this section, I share what I am up to, pictures of the week, what is new in AI and crypto, and more.
On August 3, Joanne and I drove to Tamaqua, PA. Tamaqua is a vibrant town with history dating back to a pioneer founding in 1799. The town had its heyday as a coal and railroad center and it played a role in helping to fuel America’s Industrial Revolution. Joanne was born and raised there. The purpose of our visit was to attend a birthday party for her brother, Jimmy. Jimmy turned 70 but is mentally challenged.
Epi-One continues to attract new investors, now 170. The company has raised $827,875. We all want to see the company vision of “Accurate, Affordable, and Early Cancer Detection”.
The Digital Democracy Project‘s free civic engagement platform—incorporating Voatz’s mobile voting app with its online accountability system—already allows mobile voters to cast ballots on pending Florida and U.S. legislation, report results to their legislators, and track legislative accountability to voters. Digital Democracy Project knows how to connect voters to the process. It is currently only available to Florida registered voters. I see this as the future of voting: secure, convenient, private, and verifiable.
The Digital Democracy Project is a 501 (c)3 non-profit. I am a supporter.
Crypto News Roundup: Week of August 5th, 2024
Disclaimer: The crypto market is highly volatile. Always do your own research before making any investment decisions.
Market Overview
- Mixed Performance: The crypto market experienced a roller-coaster ride this week, with Bitcoin and other major cryptocurrencies showing both gains and losses.
- Macroeconomic Factors: Global economic uncertainties and concerns about a potential recession continued to influence market sentiment.
Key News and Developments
- Solana Surge: Solana (SOL) outperformed Bitcoin and Ethereum, reaching an all-time high against Ether.
- Bitcoin’s “Death Cross”: The impending “death cross” technical indicator for Bitcoin raised concerns among investors.
- Bank of Japan Easing: The Bank of Japan’s decision to ease rate concerns had a positive impact on crypto markets.
- Nexera Exploit: Blockchain protocol Nexera suffered a $1.8 million exploit, leading to a significant drop in its token price.
- PlusToken Movement: Wallets linked to the PlusToken Ponzi scheme moved a large amount of Ether, reigniting concerns about potential market manipulation.
- MicroStrategy’s Bitcoin Strategy: Semler Scientific studied MicroStrategy’s success before adopting its own Bitcoin strategy.
Other Notable News
- DeFi Developments: Protocol Village announced new partnerships, and Blockscout raised funding for blockchain data exploration.
- Regulatory Updates: India reaffirmed its stance on not regulating crypto sales and purchases.
- Adoption: Blockchain technology is being explored for various applications, including reducing airline cargo costs and enhancing security.
Where to Find More Information
For a deeper dive into these and other crypto news stories, check out these reliable sources:
- CoinDesk: https://www.coindesk.com/
- Cointelegraph: https://cointelegraph.com/
- Forbes Digital Assets: https://www.forbes.com/digital-assets/news/
Key AI Developments
- Generative AI Advancements: Continued improvements in image, text, and video generation models, with potential applications in entertainment, design, and education.
- AI in Healthcare: New AI-powered tools for disease diagnosis, drug discovery, and personalized treatment plans.
- Ethical Considerations: Growing discussions about AI bias, privacy, and job displacement, as well as efforts to develop ethical guidelines.
- AI Hardware Acceleration: Advancements in specialized hardware like GPUs and TPUs to support more complex AI models and faster training.
- AI for Climate Change: Development of AI-driven solutions for climate modeling, renewable energy optimization, and disaster response.
Potential Recent News (Based on Trends)
Given the rapid pace of AI development, it’s likely that there have been significant advancements in the following areas:
- Large Language Models: New models with improved capabilities, such as better understanding of context, generating more creative text formats, or handling complex reasoning tasks.
- AI in Business: Increased adoption of AI in various industries, leading to new products, services, and operational efficiencies.
- AI Regulation: Discussions and potential policy changes related to AI governance and safety.
I am traveling on Friday so no Gammnat this week.
My YouTube channel is at http://www.youtube.com/jrpatric The oldest one on the channel was from a speech I gave in Paris in 1996. It is here.
