GM on the last (Fri)day of March! A day before April Fool’s Day 😉 So sit back, relax, and enjoy this “foolproof” edition that's all about keeping you informed and entertained – no tricks, we promise! 😄
The last poll results are in! Congrats to the 38% of you who cracked the case – Terraform's CEO, Do Kwon, was indeed arrested in 🇲🇪 Montenegro! Cheers to you all, our eagle-eyed detectives! 🕵️♀️🎉
It’s not over yet! The next poll is waiting for you in the AI section because we love to hear your voice 🏻
💥 What’s buzzin’ in marketing?
💡 Lemon8 is climbing the US App Store charts amid TikTok ban debates. The ByteDance-owned app looks like a mix of Instagram and Pinterest, and it reached the top 10 for overall app downloads over the last week. The Chinese company's been paying creators to post on Lemon8, potentially transforming it into an influencer-recommended product showcase. Could Lemon8 become a new platform for marketers to consider?
💡 Microsoft gave us a sneak peek of what paid search ads may look like in the AI-powered Bing chat. An “ad” label will be next to the citation mark, letting you know that a certain source in question is sponsored. Fascinating to observe how the AI-fueled language models will affect the search advertising industry 🧐
💡 Meta has announced Click-to-Messenger Ads, letting your audience slide into your DMs via Reels videos. Plus, you can effortlessly add CTAs to Reels ads and watch as fans WhatsApp you with just a tap! This move leans into both the increasing popularity of short-form video and private message interaction.
💡 Google made ad spying easier. How? By launching a “searchable hub of all ads served by verified advertisers” called Ad Transparency Center. Similarly to Facebook’s ad library, you can scout your competitors’ creative ideas. On the other hand, customers can see why you are targeting them. So play fair!
🌐 Should crypto be regulated or decentralized?
G7 officials gear up for crypto regulation talks at the upcoming summit in Japan (May 19-21). The goal is to enhance market transparency and consumer protection.
Concerns over the crypto industry's impact on global financial stability fuel the push for stricter rules. Japan leads with a progressive regulatory framework, classifying tokens based on function and use.
The summit presents a prime opportunity to discuss and learn from Japan's crypto-legal advancements. As governments seek to establish control over the crypto market, the question remains: should crypto be regulated or decentralized?
🏰 Binance faces CFTC, crypto empire threatened?
The US Commodity Futures and Trading Commission (CFTC) filed a civil complaint against Binance for violating the Commodity Exchange Act. The exchange could face disastrous consequences if found guilty, possibly ending CZ's crypto empire. Investors pulled $1.6 billion from Binance after the lawsuit.
Binance allegedly increased its US presence despite publicly stating its intent to “block” or “restrict” US customers. The CFTC cited private messages and company documents, some of which have gained meme status within the crypto community. Binance's attempts at compliance have been criticized, with one Twitter personality joking that they should have better communication channels to "reduce the fraud friction."
💧Crypto ad saves Matt Damon's project
Matt Damon finally revealed his reason for appearing in Crypto.com's "Fortune Favors the Brave" ad, which faced widespread ridicule. At his new film's premiere, Damon explained that his clean water initiative, Water.org, had a financially challenging year, prompting him to do the commercial to raise funds.
Crypto.com donated $1 million to Water.org after hearing about the organization's financial struggles. Damon co-founded the project in 2009 to increase global access to clean water. Despite the ad's criticism, Damon expressed gratitude to Crypto.com for their support.
🌟 Magic Eden dominates Ordinals trading
Magic Eden, a Solana-based NFT marketplace, has quickly risen to prominence in the Ordinals trading landscape. The platform has captured most of the market share by opening its doors to inscription trading on March 21.
Magic Eden's multi-chain user base has embraced inscriptions on Bitcoin, contributing to its success. The DeGods collection alone has raked in a jaw-dropping $1 million trading volume, making Magic Eden the undisputed king of digital collectibles. Magic Eden's dominance in Ordinals trading is expected to continue as an established marketplace supporting multiple networks.
👾 OUR PICKS ON ARTIFICIAL INTELLIGENCE
Life with AI has never been easier! Now you can use your Apple Watch to tell ChatGPT what program it should write. McKay Wrigley showed us how to execute commands for software development. Mind-blowing 🤯
Crypto + AI: here is how crypto uses the latest AI advancements to conquer the market!
Further AI progress can be dangerous? An open letter signed by +1,100 experts, including Elon Musk, Steve Wozniak, and Chris Larsen, calls on “all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4.”
🔥 HOT BITS & BITES
US advocacy group asks FTC to stop new OpenAI GPT releases.
Women outperform men in crypto investing in Singapore.
Student Coin has launched an educational panel aiming to create a learning resource for crypto enthusiasts.
Twitter shared new API pricing.
Microsoft Audience Network will soon upgrade its fully automated bidding system to Enhanced CPC (eCPC).
EU to ban anonymous crypto transfers of over 1,000 euro.
Bitcoin jumped 6% in 24hrs despite the regulatory crackdown.
Argentinian airline sells all tickets as NFTs.
UK to establish multi-agency cell for seizing illicit crypto assets.
🏖 FUN FACTS & MEME SECTION
💡 Did you know Elon Musk had been worried about AI development before ChatGPT?
Back in 2020, Elon Musk said that artificial intelligence will be vastly smarter than humans and overtake the human race by 2025.
🥇 Meme of The Week
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