👨‍🚀 Beeple's Human One sells for almost $29 million

Will be updated throughout his lifetime

Hey Waivly Crew! 🌊 Michael Winkelmann, most commonly known as Beeple, has sold his ‘Human One’ sculpture and NFT for nearly $29 million. Discord has cancelled plans to integrate Ethereum via wallets after the idea received backlash.

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Beeple's Human One sold for $28.9 million

Digital artist Beeple has sold a new three-dimensional video sculpture called Human One for $29 million.

Human One is a “kinetic video sculpture” inside a glass box that displays an astronaut walking while the background changes around it. On Wednesday at Christie’s auction house, it was bought for $28.9 million by Swiss venture capitalist Ryan Zurrer.

On Twitter, Zurrer thanked Beeple for his “visionary innovation, amazing new energy, and hilarious positive vibes that you’ve brought to both crypto and art.”

Winkelmann plans to update the visuals regularly throughout the rest of his life. “I want to make something that people can continue to come back to and find new meaning in. And the meaning will continue to evolve. That to me is super-exciting. It feels like I now have this whole other canvas,” he said.


Instagram tests new 'Take A Break' feature

Adam Mosseri, the Head of Instagram has announced that the social media platform will be testing a "Take a Break" feature.

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Mosseri has explained that if you opt-in the "Take a Break" feature, it will "encourage its users to take a break from Instagram after the user spends a certain amount of time on the app."

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The new feature is a part of Instagram's effort in giving its users more control over their experience by giving them tools such as the new feature to shape their experiences on the platform. Users will be able to choose the length of time they spend on the app before they receive a reminder prompt on their feed, if they opt-in to the new feature.

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We can expect it to begin rolling out sometime in December according to Adam Mosseri. The new feature comes after Instagram's parent company Meta formerly known as Facebook began getting scrutiny after Frances Haugen, a whistleblower testified in Congress about Meta's internal research showing that Instagram has a negative effect on the mental health of many teens.


The Waves

👀 Tencent shares its vision for the metaverse

📅 Valve’s Steam Deck delayed into 2022

👨‍💻 Russian hacker sentenced to 10 years in prison for digital ad scheme

👎 YouTube will start hiding dislike counts on videos


Crypto Special

Discord shuts down plans for Ethereum integration

Earlier this week, Jason Citron, CEO of Discord, hinted that the platform might be integrating Ethereum, and after backlash from users, the plans have been cancelled.

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Citron first revealed the potential integration in a tweet that included an image that revealed a test version of Discord that allows users to connect to Ethereum, along with the option to connect Discord accounts to crypto wallets.

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Instantly the idea caused chaos on social media among thousands of Discord users, the majority of which promised to cancel their paid Discord Nitro subscriptions if the platform integrated crypto.

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After recognizing the large number of complaints, in a tweet on Wednesday night, Citron confirmed that Discord currently no longer has plans to roll out Ethereum and NFT integration.

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"Thanks for all the perspectives everyone," Citron tweeted. "We have no current plans to ship this internal concept. For now we're focused on protecting users from spam, scams and fraud. Web3 has lots of good but also lots of problems we need to work through at our scale. More soon."

EU states urged to agree on crypto regulations

The European Commission, the executive branch that proposes legislation for the European Union, is calling on its members to agree on its crypto asset regulation draft by the end of autumn.

Member states are “making progress in their negotiations on the draft regulation,” Mairead McGuinness, commissioner for financial stability, financial services and capital markets union, reported during a virtual conference.

“Crypto assets are evolving fast, enabling homegrown firms to enter the market, while also attracting retail investors,” McGuinness said. ”It is our policy and our duty as policy makers to put sound rules in place as quickly as possible.”

“Our framework for markets and cryptoassets will introduce a bespoke regime for previously unregulated crypto assets including stablecoins, and I think this will provide clarity, it will help to boost innovation, and, at the same time, solid rules for issuers and service providers will prevent abuse, fraud and theft, protecting investors and safeguarding market stability,” she went on to say.

McGuiness’s speech comes as regulators around the world are trying to figure out how to supervise cryptocurrencies and digital assets after the interest around them has skyrocketed over the past few years.


Own and secure your crypto

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