This week’s summary (I’m starting to think of it as a newsletter sometimes, there’s so much to draw from it), was very fun to put together. It’s an exciting time to be in the digital assets space. Even with prices going sideways, adoption, innovation, applications, and usage is growing like weeds. Of my five years in the space, I haven’t been more excited- and it’s still going to get bigger and faster. Buckle up.
I’m also still working out the nuts and bolts for getting the newsletter subscription API set up. Until that’s live, I’ll be publishing the newsletter here on Tinycryptoblog.
Any comments or suggestions, feel free to reach out – hello @ tinycryptoblog.com
Be well, Everyone.
QUOTES OF THE WEEK
-Brian Cost
“Everything is a trojan horse for bitcoin. The use cases are being pushed into our faces with increasing frequency. Bitcoin is now mainstream.”
“Bitcoin will eat the world.”
-Brian Cost
“Crypto is perhaps the most pure form of disruption that I will see in my lifetime. Institutions do not accept disruption. They get disrupted by it.”
-Mike Ippolito, Blockworks
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Articles on Medium this week
Pieces of my mind on Medium
Podcasts
This Week In Twitter
Recommended Viewing
Reports:
BITCOIN AND THE DARK SIDE OF THE BIDEN EXECUTIVE ORDER
Headlines
Adoption
–Nuvei Partners With Ledger to Enable Direct Crypto On-Ramp for Users
–14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce
CBDC (are just Surveillance Tokens)
–Jamaican Central Bank Plans to Airdrop $16 to First 100 Citizens Of CBDC
Company / Product / Project News
–Ethereum ‘Merge’ edging closer with final Kiln testnet launch
–Diem team members raise $200M to launch blockchain derived from it
Chatter, Commentary and Opinions
–NCA wants regulation for coin mixers, but the crypto industry is already one step ahead
–‘We don’t like our money’: The story of the CFA and Bitcoin in Africa
–Fighting economic warfare with crypto’s double-edged sword
–Exodus crypto wallet starts trading on SEC-registered platform
–Crypto Could be an Alternative to Gold, Says DBS Bank CEO
–Crypto Brain Drain in India is Absolutely Crazy, Says Polygon Co-Founder
–Ethereum balance on crypto exchanges falls to lowest levels since 2018
Crime/Scams
–Self-Proclaimed Bitcoin Creator Craig Wright to Pay $43M in Prejudgment Interest
–BlockFi confirms unauthorized access to client data hosted on Hubspot
DAO
–Legal DAOs: Why are the Marshall Islands betting on a decentralized future?
DeFi
–‘Unlucky:’ Agave and Hundred Finance DeFi protocols exploited for $11M
–DeFi to reach mass adoption via institutional participation, DEX founder says
Exchanges
–Crypto.com rolls out its exchange platform in the United States
–FTX Granted Crypto License With Dubai HQ in Sights
–Coinbase Rolls Out Test of Fee-free Trading
–Colombian Users Sue Binance For Blocking Their Funds
–Binance Stops Opening New Accounts for Ontario Users (Report)
Fundraising (keep an eye on these names)
–ConsenSys raises $450M in Series D funding, doubles valuation in four months
–Funding Roundup: More Than $1.8 Billion Pooled Into Crypto Companies and Funds This Week
Implementation
–Santander Launches Loans Backed by Tokenized Wheat and Corn
–
Metaverse
–Amex trademark filings suggest possible entry to the metaverse
–HSBC Buys Virtual Real Estate in Sandbox Metaverse
–FTX and AZA Finance Collaborate To Support Web3 Growth in Africa
–DraftKings Links NFTs to Betting Products in Web3 Push
–Coinbase Dives Deeper Into Web3: Launches Coinbase Pay
–HSBC Enters The Metaverse by Partnering With The Sandbox
Mining
–European Parliament votes against PoW ban, providing huge relief to the crypto industry
–Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
–Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
–Miners that hodl the most Bitcoin are ‘relentlessly expanding’
–Small Crypto Miners Are Fixating on Dwindling Towns and Dilapidated Buildings
–Dubai Is the Latest Government To Roll Out Crypto Law, Set Up Regulator
Nation States (and other political jursidictions)
–Austin mayor embraces Web3 tech and crypto payments
–Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
–US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid
–Illinois Moves Closer To Accepting Crypto for Taxes, but Not Considering Legal Tender Status
–President Zelensky of Ukraine Signs Virtual Asset Bill to Legalize Crypto
NFT (Tokenization)
–CryptoCom Releases an NFT Collection Featuring NBA Star LeBron James
–Instagram is adding NFTs soon, says Mark Zuckerberg
–ApeCoin announcement surges BAYC floor price to near-ATH before correction
–Universal Music’s Web3 Label Acquires Bored Ape NFT for $360,000
–Report: 50% of NFT Holders Have Lost Access to Their NFTs
–GameStop To Launch Its NFT Marketplace In Late Q2
–Enjin’s Efinity Becomes the First NFT Parachain on Polkadot
Regulation, Legislation & Legal Matters
–Bitcoin ATMs Banned in the United Kingdom Over Money Laundering Concerns
–Sen. Elizabeth Warren Rolls Out Bill Designed To Close Crypto Loopholes to Sanctions
–Bitcoin ATMs Illegal in the UK, Regulator Says
–UK Crime Agency Wants to Regulate Crypto Transaction Mixers
–Argentina to Include Crypto Firms in AML Regulations
Stablecoins
-Some of the chatter is that stablecoins might serve in the functionary role of cross-border payments.
Taxation
–Singapore to Tax Income Generated From NFT Transactions
The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
CHECK IT OUT –> https://www.buybitcoinworldwide.com/treasuries/
–New Digital Asset Manager Files for First ETF
–CoinShares Seeks To Reach More Investors by Upping Stake in FlowBank
Time Capsule
Outside News
You Do Not Change Bitcoin. Bitcoin Changes You.
If you’re new to crypto, Coinbase is the easiest way to get started
Binance is a great exchange to buy and sell cryptos
Changelly is a good option for exchanging coins without having to use an exchange
Earn bitcoin while you shop online using Lolli
Buy/sell/trade cryptos, send them around the world, and borrow against your crypto or earn yields on crypto deposits
Get crypto-themed shirts, stickers, mugs and more at Teepublic
Download the Brave browser and block unwanted ads and earn rewards whileen you browse online
Download the Exodus wallet for you PC and smartphone
Download the Coinami wallet for your PC and smartphone
Categories: Weekly Headlines
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