It strikes me we're overdue around here for a good ol' news round-up. There have certainly been a lot of headlines relevant to Web 3.0 the last few weeks, so here goes:
- Actor Wesley Snipes is planning to tokenize a $25 million production fund for television and movie projects. The offering will be done via the Liechtenstein Cryptoassets Exchange, CoinTelegraph reports.
- For all the volatility in crypto markets lately, including a plunge in Bitcoin's price to lows near $8,000 last week, one metric has been remarkably stable: marketwide BTC dominance. A glance at a three-month chart of BTC dominance shows that Bitcoin now represents over 67% of total global market capitalization in all cryptoassets, according to CoinMarketCap. That's barely changed from 63% in late June, suggesting that the popularity of crypto as a computing platform still isn't gaining much ground on monetary use cases for now.
- Vitalik Buterin and Joe Lubin spoke about the future of Ethereum at Ethereal Tel Aviv 2019.
- The Washington Post reported on a new complaint of housing discrimination in D.C. that alleges seven real-estate companies used Facebook's advertising platform to target specific age groups and exclude others. Notably, the plaintiffs didn't name Facebook itself as a defendant in their complaint, but their attorney does plan to subpoena the social giant in order to study its algorithms. This is likely the first time the algos have gotten such scrutiny in this type of litigation, says Cathy O'Neil, a data scientist and author of Weapons of Math Destruction.
- Edward Snowden took to Twitter after the U.S. government took the novel step of filing a civil lawsuit to prevent him from making money off his new book Permanent Record. Snowden's resulting tweetstorm is the best sort of rant, touching on not only his immediate new legal problems but also some IT tips to secure your phone and his thoughts on the legal framework that enables surveillance capitalism in general.
That's it for now. If you spot stories that are worth sharing in future updates, I'm all ears. Feel free to send them along anytime either via Twitter or email peter[at]indizr.com.