The Web3 Studios Newsletter

News and Trends - 11/20/23

Web3 Studios, LLC
November 20, 2023

Argentina elects pro-Bitcoin president Javier Milei

Milei has been an outspoken critic of Argentina’s central bank and a vocal supporter of Bitcoin and crypto.

blockworks.co/news/argentina-milei-bitcoin-president

The active supply of Bitcoin and Ethereum is at record lows

Only 30% of bitcoin and 39% of ether has changed hands in the last year, a record low for both tokens, according to The Block's data.

www.theblock.co/post/263647/the-active-supply-of-bitcoin-and-ethereum-is-at-record-lows

Japan’s Osaka Digital Exchange to start digital securities trading next month

The exchange plans to start what could be the country's first trading of digital securities, according to Bloomberg.

www.theblock.co/post/263743/japans-osaka-digital-exchange-to-start-digital-securities-trading-next-month

How BlackRock’s ‘rich boomer money’ will change crypto

ETF analyst Eric Balchunas talked to DL News about BlackRock’s pending Bitcoin exchange-traded fund, and his status as crypto's go-to pundit.

www.dlnews.com/articles/regulation/eric-balchunas-on-impact-of-blackrock-bitcoin-etf-on-crypto

Microsoft Hires Former OpenAI CEO Sam Altman to Head 'Advanced AI Research Team' - Decrypt

OpenAI co-founders Altman and Greg Brockman will head Microsoft's AI team, while former Twitch CEO Emmett Shear takes the reins at OpenAI.

decrypt.co/206651/microsoft-hires-former-openai-ceo-sam-altman-to-head-advanced-ai-research-team

How Ubisoft, Xbox, and Blizzard Are Using AI to Make Next-Generation Games - Decrypt

Game studios are turning to AI to automate the most tedious elements of development and instantly conjure characters.

decrypt.co/147436/ai-game-development-ubisoft-roblox-blizzard

Crypto Gaming Protocol Saga Raises $5 Million Ahead of Mainnet Launch, Community Airdrop - Decrypt

Saga closed a $5 million seed-extention round ahead of launching its "hypothetically infinite" blockspace mainnet in January.

decrypt.co/206660/saga-protocol-raises-5-million-ahead-of-theoretically-infinite-blockspace-mainnet-launch