FFPB Block Letter #29 - May Edition
FFPB Fédération Fran?aise des Professionnels de la Blockchain
Fédération professionnelle de l'industrie Blockchain
The BlockLetter is the newsletter of the French Blockchain Federation (Federation fran?aise des Professionnels de la Blockchain - FFPB). Its goal is to provide uniquely tailored information on Blockchain technology, its market, and the latest news on its regulations.
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Big News
— FFPB's Continued Effort to Democratize Blockchain in Art and Cinema Explored at? Cannes Film Festival
FFPB continues to play a pivotal role in integrating blockchain technology into the cultural and creative industries. Following significant advancements that allow galleries and auction houses to sell NFTs as intangible personal property under the 2022 Art Market Modernization Act, FFPB has also contributed to developing technical standards for the Metaverse through the AFNOR Group.
Moreover, since 2021, the FFPB has participated in the Cannes Film Festival, promoting blockchain's potential within the film industry. Expert Ingrid-Mery HAZIOT will discuss blockchain's impact on cinema, highlighting successful startup use cases at the festival, under the Tech Cannes initiative led by Sarah Lelouch.
— FFPB Member - DrData Partners with Saint Joseph Hospital Foundation to Enhance Medical Data Security and Research
DrData, a pioneer in medical data security, announced a new partnership with the Saint Joseph Hospital Foundation on May 16th to enhance medical research. This partnership will implement the "Dr Data Consent" solution, which will allow the Foundation to increase the number and scope of projects and data for reuse, easing the research directorate's workload while meeting regulatory and ethical standards.
As a member of the FFPB and a trusted entity in medical data innovation, DrData continues to offer blockchain-based solutions that ensure data security and also provides GDPR compliance training and audits for healthcare facilities.
Regulation
— SEC Approves Spot Ethereum ETFs In Landmark Decision
The United States Securities and Exchange Commission (SEC) has approved all spot Ethereum ETFs in a landmark move, paving the way for the products to begin trading later this year.?
The green light to spot Ethereum ETFs comes after intense speculation that the Securities and Exchange Commission was considering treating ETH as a security.?
— Ex-FTX CEO Ends Up in Oklahoma Prison despite Request from Judge
Former FTX CEO Sam “SBF” Bankman-Fried is no longer incarcerated in New York or California, where his parents own a home — according to prison records, he’s in Oklahoma.
As of May 23, inmate records for the Federal Bureau of Prisons showed that Bankman-Fried was being held at the Federal Transfer Center in Oklahoma City. According to the Office of the Inspector General for the U.S. Department of Justice, the facility confines inmates on a “short-term basis” for transfers within the prison system.
Crypto market overview
— Legendary Crypto Trader Predicts Massive Altcoin Season
The legendary crypto trader boldly predicted the upcoming altcoin season. Yoddha, a technical analyst and Bitcoin trader for the last seven years, is more famously known as @CryptoYoddha on X.?
While this crypto trader’s prediction is not a guarantee, his unparalleled understanding of technical analysis, market psychology, and the underlying fundamentals driving the crypto ecosystem continues to make his opinion highly valued in the crypto community.??
— Meet the Women behind the World’s Largest Crypto Exchanges
It's a little-known fact that women are behind two of the world's largest cryptocurrency exchanges.?
Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen currently lead the world’s largest crypto exchanges by volume.
Place de Paris
领英推荐
— Life on Mars, ‘Honest’ AI, and a Job-Free Future: Elon Musk Opens Up at VivaTech Q&A
In a session called ‘Everything you always wanted to know about Elon Musk but were afraid to ask,’ based on the title of a Woody Allen film, the tech-enthusiastic audience got to grill Musk on anything they wanted.
Elon Musk spoke about not trusting OpenAI, Gemini’s values, and a future on Mars at VivaTech 2024.
“I think we will have the first people on Mars probably within 10 years, maybe seven to eight,” Elon Musk told the VivaTech fair in Paris, adding that humans would be back on the Moon in five years.
— French Regulator Warns Investors For Using ByBit Despite Ban
The Autorité des Marchés Financiers (AMF), France’s local financial commission, has reminded investors in a warning note published Thursday, to refrain from trading crypto platform, ByBit.
ByBit, which is one of the largest crypto exchanges globally, has been under scrutiny in France for its lack of non-compliance with current regulations. As a result, the French regulator blacklisted the platform in 20 May 2022.
Fun Fact of the Month?
— Bitcoiner Raises the Orange Flag on Mount Everest
A 23-year-old crypto user has presented an orange flag with the Bitcoin logo for observers to see at an elevation of 8,849 meters — the summit of Mount Everest.
In an X post, Dadvan Yousuf announced he had climbed the highest mountain in the world, reaching the summit on May 20. Surrounded by sherpas and fellow climbers, he used his time at the summit to show off two flags: for Kurdistan and the BTC logo.
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Technology Survey
— Artificial General Intelligence Still More than 10 Years Away — Baidu CEO
Despite all the concerns surrounding the rapid development of artificial intelligence (AI), the development of artificial general intelligence (AGI) remains at least 10 years away, according to Robin Li, co-founder and CEO of Baidu.
AGI refers to hypothetical AI systems that will far surpass human cognitive abilities in the future, which is already causing widespread concerns, with some pointing to AGI’s existential risk to humanity.
— Tokenization of Real Estate: Reducing Entry Barriers for Millennials and Generation Z
Traditional real estate investing has various drawbacks, including the need for considerable cash, a lack of liquidity, and sophisticated management.?
These obstacles often hinder younger investors, such as millennials and Generation Z, from joining the market. Real estate tokenization, which uses blockchain technology to split property into marketable shares, seems to be a possible answer to these difficulties.?
Tokenization may democratize real estate investing by cutting entry fees, increasing liquidity, and simplifying ownership, making it more appealing to younger, technologically aware generations.
Business Case of the Month
— Legendary Crypto Trader Turns $2,275 into $2.26 Million in 8 Hours
A legendary crypto trader known as “sundayfunday.sol” has managed to turn a mere $2,275 investment into a staggering $2.26 million windfall in just 8 hours!
This remarkable feat, tracked by Lookonchain, a leading blockchain analytics platform, has ignited the interest of the entire crypto community, prompting questions about the investor’s strategy and spurring insider trading allegations.
The Block Letter
All the Best, FFPB