Crypto and AI: Save Us From the Hype

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First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life

Led by former animators for Pixar, Netflix and Marvel, “The Rise of Blus: A Nouns Movie” has a budget of $2.75 million and is said to be the first animated film funded by a DAO.Source

MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets

The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.Source

German Intelligence Agency Releases NFT Collection to Recruit Talent

The Bundesnachrichtendienst (BND)’s dog-themed PFP collection can be acquired through a gamified treasure hunt, where participants must find a string of characters hidden by the agency.Source

Bitcoin Breaks $30K Amid TradFi Push Into Crypto

The world’s largest cryptocurrency by market value, bitcoin, has not reached levels above $30,000 since April.Source

‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it’s there on a different chain, will go live on Starknet soon.Source

Starknet Foundation Appoints Meta Veteran Oliva as First CEO

The executive will help the non-profit promote growth within the Starknet ecosystem.Source

Polygon Introduces AI Interface Powered by ChatGPT to Aid App Developers

The interface, called Polygon Copilot, will help developers obtain analytics and insights for their applications on the Polygon blockchain.Source

Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins

Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.Source

Web3 Charity Teddy DAO is Raising Money Through Daily NFT Auctions

Teaming up with fundraising platform JustGiving, Teddy DAO will hold a daily auction of teddy bear NFTs, allowing the buyer to donate proceeds to a charity of their choosing.Source