🏢 Google leads corporate blockchain investment race

🏢 Google leads corporate blockchain investment race 🖼️ Decentraland's virtual art week: “the world is made of code” 👨‍⚖️ Crypto YouTubers “BitBoy Crypto” and “Atozy” in a legal battle over defamation

GM, vEmpions! Our motto of the day is: "Be happy with what you have while working for what you want." Don't forget that life happens while you are working towards your goals - so enjoy it all! Here’s what we have for you today:

🏢Google leads corporate blockchain investment race 🖼️ Decentraland's virtual art week: “the world is made of code” 👨‍⚖️ Crypto YouTubers “BitBoy Crypto” and “Atozy” in a legal battle over defamation

Google leads corporate blockchain investment race

Google may be the biggest tech giant in the world, but when it comes to blockchain and cryptocurrency, they're not afraid to open up their wallets and show some serious love.

According to a new report from Blockdata, Alphabet (Google's parent company) poured a whopping $1.5 billion into the blockchain industry between September 2021 and June 2022. That's more than any other public company during that time period.

So what does Google see in blockchain that has them throwing all that money around? Maybe they're finally ready to take crypto seriously? Or maybe they're just trying to stay ahead of the curve and be on the cutting edge of this new technology? This is a serious commitment to the space, and it's good to see that Google is finally taking blockchain technology seriously. With their deep pockets and expansive reach, they could really help take the industry to the next level.

The corporate world's sudden interest in blockchain technology is quite amusing. It's like they've just discovered fire. Or the internet. Among the top 40 companies, a total of $6 billion has been invested into blockchain technology in the past year. This is compared to a measly $1.9 billion between Jan 2021 and Sep 2021, and $506 million in 2020. The companies like BlackRock and Morgan Stanley are leading the charge, with investments totaling $1.17 billion and $1.11 billion respectively. Even Samsung, an electronics company, has invested $979.2 million. It's good to see that these companies are finally catching up to the times and investing in something that is clearly the future. But it does make you wonder what took them so long.

Decentraland's virtual art week: “the world is made of code”

The world is made of code, and that code is becoming increasingly complex. So it's only fitting that Decentraland's 3rd annual Metaverse Art Week is titled The World is Made of Code.

The event, which starts on August 24th and runs until the 28th, will feature works from contemporary artists and designers from around the world, as well as major art houses like Sotheby's, art communities and creative groups like Artnet and UXartlab.

And if that wasn't enough to get your head spinning, the lineup also includes a Ukrainian non-NFT Museum project.

Contemporary art is often thought of as being too pretentious or highbrow for regular people to understand. But at the upcoming Decentraland Virtual Art Week, attendees will be able to experience some truly mind-bending installations from some of the world’s most famous artists.

Among the artists exhibiting their work are Burton Morris, best known for his “pop art” style paintings of everyday objects, and Frida Kahlo’s Family, who will be launching the Frida Kahlo Family Red House in collaboration with Ezel.Life.

This year's Art Week is certainly a pivotal moment for the adoption of Web3 technology. With so many decisions being made about our digital reality, it's more important than ever to get involved and have your voice heard.

Crypto youtubers “BitBoy Crypto” and “Atozy” in legal battle over defamation

If you thought the world of cryptocurrency was cutthroat, you were right. In addition to the constant price fluctuations and heated debates, there seems to be no shortage of lawsuits in the space.

One recent example is the case of BitBoy Crypto YouTube personality Ben Armstrong, who is suing fellow YouTuber Erling Mengshoel (aka Atozy) for defamation.

According to Law360, the suit was filed in the U.S. District Court of Georgia and alleges that Mengshoel made false and damaging statements about Armstrong in a series of YouTube videos.

Specifically, Mengshoel reportedly called Armstrong a “shady dirtbag who milks his audience for a quick buck rather than giving them genuine advice.”

Armstrong is seeking compensatory and punitive damages, as well as injunctive relief, from Mengshoel. He is also asking the court to order Mengshoel to take down the allegedly defamatory videos and issue a public apology.

This is not the first time that crypto influencers have faced lawsuits. American socialite and media personality Kim Kardashian was sued for promoting a bogus cryptocurrency to her followers back in January 2022. Dave Portnoy , president of Barstool Sports, was also recently sued for ‘schilling’ the decentralized finance (DeFi) token SafeMoon.

Such is the price of fame in the cutthroat world of cryptocurrency. So, if you’re thinking of joining the ranks of crypto influencers, be prepared for the possibility of being sued. It’s just part of the terrain.