This week, the regulatory snowball gains momentum, nationstates debate legality and status of digital assets, this weeks DeFi hacks, and more.
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:
Number of Crypto Users in Africa Grew By 2,500% in 2021
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
–Teller Finance Introduces DeFi-Native Lending Market in Singapore
–Commonwealth Bank Says Crypto ‘Already Mainstream’
–Dogecoin Price Increases Exponentially as Bitcoin of America Adds It to BTC ATMs
–Cowen Launches Digital Assets Division Cowen Digital LLC
–LG Electronics adds blockchain and crypto as new areas of business
CBDC (are just Surveillance Tokens)
–Jamaican Central Bank Plans to Airdrop $16 to First 100 Citizens Of CBDC
–BIS joint pilot: Institutions can use CBDCs for international settlements
Company / Product / Project News
–Ethereum ‘Merge’ edging closer with final Kiln testnet launch
–Diem team members raise $200M to launch blockchain derived from it
–Crypto.com Adds FIFA World Cup Sponsorship to Sports Marketing Strategy
–RUNE rally: A closer look at THORChain’s new synthetic assets
Chatter, Commentary and Opinions
–Blackrock’s Fink Says Russia Invasion Could Accelerate Crypto Adoption
Crime/Scams
–Self-Proclaimed Bitcoin Creator Craig Wright to Pay $43M in Prejudgment Interest
–NYDIG, BlockFi, Pantera, Circle All ‘Targeted’ in HubSpot Data Breach
–DeFiance Capital founder loses $1.6M in hot wallet hack
–Marvel NFT partner Veve closes its marketplace after an in-app token exploit
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
–Li Finance protocol loses $600,000 in latest DeFi exploit
–SushiSwap community proposes Swiss legal structure to limit DAO liability
Exchanges
–Australia Seeks Licensing of Crypto Exchanges Via Digital Services Act
–FTX Launches Crypto Exchange Services in Australia
–Coinbase Introduces Staking Rewards for Cardano (keep in mind that Binance changes very high pool fees (6%) and Coinbase might follow suit)
–Gemini Obtains E-Money License in Ireland
–Mark Zuckerberg’s Meta Files 8 Trademark Applications Including Crypto Trading
–Bitcoin Balance on Exchanges at 3-Year Lows
Fundraising (keep an eye on these names)
–Katie Haun’s Crypto VC Fund Raises $1.5 Billion
Implementation
–Santander Launches Loans Backed by Tokenized Wheat and Corn
–Timechain joins Fireblocks to increase exposure
–Robinhood Announces New Debit Card that Makes Crypto Investment Easy and Quick
–Top Israeli bank to accept BTC and ETH trading through Paxos’ collaboration
Metaverse/Web3
–Animoca Brands targets social media giants in latest Web3 expansion plans
–Chip giant Qualcomm launches $100M Metaverse fund
Mining
–Exxon Weighs Taking Gas-to-Bitcoin Pilot to Four Countries
–Retail Miners Are More Resilient Than Large-Scale Operations
–New Report Highlights Stratum V2 Importance
–Maple Finance Originates $1B of Loans in 10 Months
–Bitcoin mining could be good for US energy independence: Research
Nation States (and other political jursidictions)
–DeSantis Says Businesses Should Be Able to Pay Taxes in Bitcoin
-Malaysian Multimedia Ministry calls on government to formalize crypto’s legal status
–El Salvador Delays Volcano Bond Issue, Unveils State-owned Company Backing
–Russia Approves Bitcoin Payments for Oil & Gas
–SEC of Thailand Bans Crypto Payments
NFT (Tokenization)
–NFL to Let Teams Seek Limited Blockchain Sponsorships
–SoftBank Messaging Giant To Launch NFT Marketplace in Japan
–Madonna Becomes Latest Celebrity with BAYC NFT
–Loopring Surges as GameStop Buils NFT Marketplace on Layer-2 Protocol
–Japanese Social Media Giant LINE Announces NFT Marketplace Debut
–ApeCoin Price Drops as Time Magazine Moves to Adopt Coin
–Chinese internet giants remove NFT platforms fearing gov‘t crackdown
–Abu Dhabi rolls out draft recommendations for NFT trading
–BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding
Regulation, Legislation & Legal Matters
–Where The World Regulates Cryptocurrency
–UK Regulator Sets ‘Red Alert’ Deadline for Crypto Ads
–BOE Pushes for More Crypto Regulation
–Ripple Lawyers Accuse SEC of Inappropriate Conduct in Debate Between Blockchain Company & Regulatory Agency
–Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan
–Indian crypto tax policy to treat each digital asset investment independently
Stablecoins
–The $10 Billion Bitcoin Bet On Stablecoins
–ANZ Becomes First Bank to Mint Australian Digital Dollar
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/
–Acorns Adds Bitcoin Futures ETF to Platform
–Grayscale’s Latest Fund Focuses on Smart Contract Platforms
–Proposed SEC Amendment Could See Spot Bitcoin ETF Approvals, Analysts Say
–Goldman Sachs Makes OTC Crypto Options Trade in Partnership with Galaxy Digital
Time Capsule
Outside News
Where Governments Have The Tightest Grip On The Internet
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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