PANews reported on March 25 that according to Bloomberg, due to the upcoming Bitcoin halving event, American mining companies are also dealing with their old models of mining machines while constantly buying new mining machines to expand computing power. About 6,000 old Bitcoin mining rigs will soon be idle and sent to a warehouse in Colorado Springs, where they will be refurbished and resold to overseas buyers looking to make a profit from mining in a low-cost environment. With electricity being the largest expense in Bitcoin mining activities, mining companies, including publicly traded companies Marathon Digital and Riot Platforms, need to reduce their cost of use to maintain positive profits. Theoretically, the hashrate of the old mining rigs may still be profitable after the halving, but it is unlikely to be realized in the face of high electricity bills in the United States. Ethan Vera, COO of crypto mining service provider Luxor, estimates that about 600,000 S19 series miners (the majority of the machines currently in use) are being transferred from the United States to Africa and South America. Some buyers will wait until the halving takes place to buy a used miner, believing that the price will drop even more at that point. According to the data, in March 2022, the price of a used S19 model mining machine was about $7,030. A year later, as the price of Bitcoin fell, the price of the used S19 dropped sharply to about $900. With the replacement of mining machines, the second-hand S19 has fallen to about $427 this month, and it is expected to sell for about $356 after the halving in May. In addition, there are also a portion of U.S. miners who choose not to sell their hardware, but only move their equipment to regions and third-party data centers where the cost of electricity is lower.

Odaily Planet Daily reported that VitaDAO, a DeSci (decentralized science) project invested by pharmaceutical giant Pfizer, recently spun off a biotechnology company, Matrix Biosciences. Matrix Biosciences, a biotech company led by Vera Gorbunova, an anti-aging researcher at the University of Rochester, has an initial funding of $300,000 for the project, with more funding to be available in early 2024. The company aims to conduct research on the longevity and cancer-fighting properties of naked mole rats, and to study whether compounds found in naked mole rats could extend human lifespan. (blockworks)

According to Reuters, on October 9, Vera Jourova, the European Commission’s Vice President for Values and Transparency, said that the EU and Japan’s ideas on artificial intelligence (AI) are “convergent.” It is reported that the European Union is at the forefront of regulating emerging technologies with its stringent Artificial Intelligence Law, while Japan is seeking more flexible guidelines than the EU to promote economic growth. The EU and Japan are deepening cooperation in technology areas seen as important for economic security, such as artificial intelligence, cybersecurity and chips.

PANews reported on October 9 that according to Decrypt, VitaDAO, a decentralized autonomous organization that aims to fund longevity research projects, has cooperated with famous biologist Vera Gorbunova to establish Matrix Biosciences, a biotechnology company that studies longevity. The company’s majority shareholder is VitaDAO, but due to the strict legal environment in the medical and healthcare fields, the company itself will still operate as a traditional company. VitaDAO will initially provide $300,000 in funding to Matrix Biosciences. The joint venture will then receive additional capital through its IP-NFT segmentation model. VitaDAO core member Eleanor Davies said Matrix Biosciences will study the anti-cancer, anti-pain and life-extending properties of a special substance rich in high molecular weight hyaluronic acid (HMW-HA) secreted by naked mole rats. It was reported in January this year that VitaDAO, a longevity research organization, completed US$4.1 million in financing, with Pfizer’s venture capital firm participating in the investment. Related reading: Can VitaDAO, which received investment from Pfizer, start a new narrative of decentralized science?

Golden Finance reports that VitaDAO, a community organization that funds and promotes early longevity research, announced that it has partnered with world-renowned biologist Vera Gorbunova to establish Matrix Biosciences. Gorbunova, a professor at the University of Rochester, is credited with discovering the anti-cancer properties of naked mole rats. Todd White, a core member of VitaDAO, said the idea behind the new company is to “bring the research within the DAO back into the real world” rather than keeping it on-chain. Matrix Biosciences will operate centrally like a traditional company.

According to Jiemian News, a spokesperson for the European Commission confirmed on September 22 that European Commission Vice President Vera Jourova has received a formal invitation from the UK. “We are considering the possibility of the EU participating in this AI Security Summit.” British Prime Minister Sunak will host the AI Summit in November, where governments, technology companies and academics will gather to discuss the risks and regulatory issues brought about by AI technology. Previously reported, Reuters: The United Kingdom has invited China to participate in the Global Artificial Intelligence Security Summit in November.

Jinse Finance reported that the computer-generated NFT series created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out in less than an hour at Sotheby’s Dutch auction, totaling 631 Ethereum (approximately $1.2 million). According to the announcement, the "Themes and Variations" collection consists of 500 collectibles generated through an algorithmic combination of 170 color palettes and recursive grids. The transaction volume of this collection on secondary markets such as OpenSea has exceeded 589 ETH. At press time, Themes and _iations’ floor price jumped more than 100% from an average of 1.52 ETH shortly after the sale ended.

Despite sluggish NFT sales, Sotheby's auction was quite successful, selling 500 NFTs for $1.2 million in less than an hour Renowned auction house Sotheby's sold 500 pieces of generated artwork for $1.2 million in less than an hour, each digital artwork created by artist Vera Molnár and titled "Themes and Variations." Trading volume on the secondary market after the auction totaled 400 ETH (approximately $754,000) within a few hours. For sale, see Sotheby's👀 (Data source: theblock)

Odaily Planet Daily Sotheby's sold 500 generated artworks for $1.2 million in one hour. Created by artist Vera Molnár, each digital artwork titled "Themes and Variations" is minted immediately upon purchase. The auction started with a top price of 20 ETH, and in the hours following the auction, secondary market volume totaled 400 ETH (approximately $754,000). Sotheby's announced the launch of its generative art program last month. Despite sluggish NFT sales, the auction house has been quite successful lately when it comes to auctioning off digital works, including collectibles that once belonged to Three Arrows Capital. (The Block) Prior to the news on July 20, Michael Bouhanna, Sotheby's vice president and co-head of digital art sales, tweeted that Sotheby's completed the third part of the auction of the Grails series, with a total of 17 lots and sales of more than 1.2 million US dollars. Among them, Fidenza, CryptoPunk, Ringers and Seerlight have the highest sales volume.

Jinse Finance reported that Sotheby’s, a famous auction house, sold 500 generated artworks for $1.2 million in less than an hour. Created by artist Vera Molnár and titled "Themes and Variations," each digital artwork was minted immediately after purchase, with the highest auction price being 20ETH ($37,600), Sotheby's said in a statement. After the auction was completed, the transaction volume of the category on the secondary market totaled 400 ETH (~$754,000) within a few hours.

According to CoinDesk, Sotheby's will launch an on-chain generative art program powered by the Art Blocks engine, which will focus on recommending two to three generative artists each year. It is reported that the first auction will be held on July 26 and will sell 500 pieces of works by the generated artist Vera Molnár. The auction will be conducted entirely on the chain and only accept Ethereum for payment.

Odaily Planet Daily News Sotheby's is launching a program for generating artists, Gen Art, which will use the Art Blocks Engine, a generative asset creator, to showcase the works of two to three generative artists in fully chained auctions each year. The auction house will host the project’s first auction on July 26, when 500 works by generative artist Vera Molnár will be sold, and the auction will be conducted entirely on-chain via Sothebys Metaverse, the auction house’s curated NFT platform. Only ETH payments are accepted. Molnár, 99, has been experimenting with algorithms and generative work since the 1960s. (The Block)

According to PANews news on June 29, according to The Block, Sotheby's auction house is launching a blockchain project "Gen Art Program" for generated artists. Gen Art plans to auction the works of two to three generated artists on the chain every year. The first auction will take place on July 26 and will sell 500 works by generative artist Vera Molnár. The auction will be conducted entirely on-chain and will only accept ETH as payment.

Centuries-old auction house Sotheby’s is launching a new blockchain-based program for generative artists, Golden Finance reports. Dubbed the Gen Art initiative, Sotheby’s will showcase the work of two to three generative artists each year in fully on-chain auctions using generative asset creator Art Blocks Engine. The auction house will host the project's first sale on July 26, when it will sell 500 works by generative artist Vera Molnár. Molnár, 99, has been experimenting with algorithms and generative work since the 1960s.

Jinse Finance reported that an anonymous user “Vulkan” who claimed to be the secretary of ApeCoin DAO published the structure diagram of the decentralized autonomous organization and the salary information of the DAO management on social media, which showed that ApeCoin DAO paid its leadership monthly Up to about $75,000. It is reported that BoredApe G, Vera, and Gerry, members of the ApeCoin DAO special committee, receive a monthly salary of up to $20,833 per person according to the terms of AIP-1, causing criticism and dissatisfaction from the community. To this end, Yat Siu, co-founder and executive chairman of Animoca Brands and a member of the ApeCoin special committee, clarified on social media that the salary of ApeCoin DAO management is consistent with that of other Web3 mid-sized companies, and ordinary workers It seems a bit unfair to compare the salary of DAO management with multi-billion dollar DAO like ApeCoin.