Episode 479
📍 Elon Musk's xAI unveils Grok-3, a powerful AI model with impressive benchmark performance, but its capabilities may not be entirely new, as it seems to be catching up with existing AI models.
📍 The LIBRA token's collapse has led to insider trading allegations, with on-chain analysts pointing to suspicious wallet activity, and the resignation of Ben Chow, co-founder of Meteora, the platform behind the token launch.
📍 A US-based art collective, Kanbas, has purchased a 1-of-1 artwork by Sam Spratt for $3 million, the largest NFT sale in three years, potentially signaling a shift in the NFT market towards real art and away from speculative profile picture collections.
📍 The Solana memecoin ecosystem has been hurt by the LIBRA token's apparent rug pull, with the SOL price slumping against both the dollar and ether, and Galaxy Research warning of potential damage to the memecoin complex.
📍 The NFT market is maturing, with a focus on cultural and creative value, rather than speculative value, as collectors and investors seek more meaningful and unique digital art experiences.
