Venice’s VVV token reached a new all-time high amid a sharp rally that a Morning Minute newsletter linked to an online dispute between an NYU mathematician and OpenAI over credit for fluid-dynamics proofs. The newsletter listed VVV up 34% at $24.77 on Tuesday, separately cited a 38% daily gain, and said the token climbed 40% to $27. The mathematician said he was not alleging misuse of his data, while OpenAI denied accessing it; no evidence has shown that private chatbot conversations informed another party’s work. The episode renewed attention on Venice’s privacy-focused AI proposition, which centers on keeping prompts on users’ devices rather than company servers. Venice says VVV staking provides a proportional allocation of daily API inference capacity, while DIEM can be minted by locking staked VVV. The project also reported more than $100 million in annualized revenue in August, compared with $70 million a month earlier, and continues to reduce annual VVV emissions while using part of revenue for market purchases and burns.