The Weekly Slice by Vedaslabs.io - Issue 33 🍕

Author

Tom Trevisani
September 10, 2024

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Hello Friends!

Here’s the latest scoop from the markets, events, and tech world in this edition of The Weekly Slice, today brought to you by our sponsor, Betterment.

At VedasLabs, we combine timeless philosophical principles with innovative crowdfunding technology to create a platform that fosters community, ethical engagement, and shared success. Our mission is to empower creators and investors through values of excellence, transparency, and collective well-being. Rooted in Aristotle's ethos of excellence and the Vedic law of Karma, our core principles emphasize balanced growth, ethical duty, and the realization of potential. Join us as we pioneer a new era of crowdfunding where tradition meets innovation, creating a meaningful and prosperous investment experience.

Ready to join the VedasLabs community? Sign up here and be part of our journey!

In August 2024, investors experienced a highly volatile market, with large swings both up and down, creating uncertainty about what lies ahead. Analysts suggest that focus will now shift to the Federal Reserve’s expected interest rate cuts in September, with potential impacts on both the labor market and economic growth. Historically, September is a challenging month for markets, and ongoing geopolitical concerns, coupled with the U.S. presidential election, could lead to further volatility. Seeking Alpha

Conferences 🏙️

Monday, September 30th, 2024 | NYC

Join EY and the Enterprise Ethereum Alliance (EEA) for a special meet-up in New York on Monday, September 30, from 5-8 pm at the EY office (1 Manhattan West). The event will cover global regulatory convergence and updates in assurance, regulatory, and tax, with panels discussing innovation in custody, stablecoins, and the return of DeFi.

A $25 "no-flake-fee," donated to Gitcoin, helps ensure attendance. Drinks and dinner will follow, offering stunning sunset views. RSVP soon as spots are limited!

September 30th - October 2, 2024 | NYC

Messari’s Mainnet is New York's largest annual crypto event, bringing together leaders from crypto, Wall Street, and Washington to shape the future of the industry. This year’s highlights include fireside chats, a revamped Operator stage, and exclusive Messari product announcements.

Communities - Let’s Grow Together 🌱

Join us for a networking event in a private NYC rooftop venue with 100 early-stage founders, builders, and investors, featuring bagels, coffee, and a great company hosted by Andrew Yeung and Rho.

Join ReGen Ventures and Planeteer Capital at NY Climate Week 2024 for a 5k group run along the Hudson River, followed by recovery treats and coffee at the Bandit Running store, with climate founders, funders, and enthusiasts.

Emerging Technology Review 📟

The convergence of immersive technology, blockchain, and AI is transforming the way we interact with digital and physical environments. This trio of technologies is enhancing industries like retail, finance, and healthcare by improving personalization, security, and user experience. As these technologies integrate, they are unlocking new possibilities, from smarter cities to decentralized digital identities, reshaping human interactions and societal structures. World Economic Forum

Space Out 🧊

NASA’s Jet Propulsion Laboratory is developing IceNode, a fleet of autonomous underwater robots designed to explore one of Earth’s most inaccessible locations: the underwater cavities beneath Antarctic ice shelves. These robots aim to gather critical data on how fast ice shelves are melting due to warm ocean waters, which is vital for predicting sea level rise. The IceNode robots will operate autonomously for up to a year, measuring ocean currents and temperature before transmitting their data via satellite.

In March 2024, the IceNode project underwent its first polar test in the Beaufort Sea, where engineers successfully deployed a prototype robot beneath the ice. The robot collected data on salinity, temperature, and ocean flow, providing a promising step toward future deployments in Antarctica. This cutting-edge technology represents a safer, cost-effective solution to gathering data in dangerous and remote areas, helping scientists improve climate models. NASA Jet Propulsion Laboratory

The Crypto State 🐳

In SEC v. Binance, the U.S. District Court for the District of Columbia dismissed the SEC’s charges regarding Binance's sale of the stablecoin BUSD, ruling that the complaint did not demonstrate how BUSD sales constituted investment contracts. However, the court allowed allegations related to BNB’s ICO and post-ICO sales to proceed but dismissed claims concerning secondary market sales of BNB. Finally, the court rejected the SEC's charges related to Binance's Simple Earn program, finding that it lacked sufficient allegations of an investment scheme. Seward & Kissel LLP

Startup Spotlight 🌟

A data-driven startup focused on climate change mitigation. Their cloud-based tool, Land Tender, helps manage restoration efforts by offering a unique software-as-a-service solution for ecological planning. With backing from major investors like Microsoft and Citi Ventures, Vibrant Planet is set to make a significant impact in addressing environmental challenges such as wildfires.

That’s a Wrap Slice 🍕

VedasLabs.io is a Web3 funding and networking platform that incentivizes an active, global community comprising founders, mentors, and investors. Our vision is to create a world where investment, the exchange of knowledge, and collaboration among investors, issuers, and industry experts are secure, instantaneous, and without friction.

All information provided is for informational purposes only, and shall not be relied upon as personal financial advice. VedasLabs is not a registered investment advisor, and thus, does not give any investment advice, endorsement, analysis, or recommendations with respect to any securities. Content is created to inform, and give more information, and should never be relied upon solely when making investment decisions.

VedasLabs Inc. ("VedasLabs"), which is a funding portal registered with the Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority (FINRA). VedasLabs is not a registered broker-dealer. VedasLabs does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities offerings on our site are conducted pursuant to Regulation Crowdfunding. Securities offered under Regulation Crowdfunding are considered highly speculative and carry a high degree of risk, including the potential for complete loss of investment, long holding periods, and lack of transferability or liquidity. Please read Know Before You Invest and our FAQs for more information on Regulation Crowdfunding and some of the risks involved in an investment in a crowdfunding offering. VedasLabs is located at 40 West 89th Street, Unit 4B, New York, NY 10024. For more background information please visit FINRA.