The Weekly News Roundup, ending 17 July 2022 – Celsius Files for Bankruptcy

I’m taking a break this week from an in-depth post. Highlights below, though if you hadn’t heard the news, Celsius has formally filed for bankruptcy, so we’ll see how all the creditors come out the outer side. It might take months, or even years before anyone receives any funds back (see also: Mt. Gox.)

Stay tuned.

Comments and suggestions, reach out -> hello @ tinycryptoblog.com

Be well, Everyone.


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Articles on Medium this week

Articles


Podcasts
The Cost of Crypto Podcast


This Week In Twitter



Reports:
Talking Fireblocks’ Massive Growth and Crypto Biggest Challenges: CEO Michael Shaulov (Exclusive Interview)

Cryptocurrency fuels new business opportunities – MIT Technology Review


Headlines


Adoption
PicPay To Enable 65 Million Users To Buy Bitcoin
Mastercard Partners With Fasset to Drive Financial Inclusion in Indonesia


CBDC (are just Surveillance Tokens)


Company / Product / Project News


CRIMES AND SCAMS


DAO


DeFi and Lending
Celsius Pays Off Last DeFi Loan in Push to Recoup $1 Billion
Celsius Initiates Bankruptcy Proceedings to ‘Stabilize’ its Business
Celsius Faces Heat for at Least $1.2B Balance Sheet Hole, Customers Owed $4.7B


Exchanges


Fundraising and Sponsorships


Gossip
Fed Vice Chair Warns Bank Involvement in Crypto of Sparking Financial Instability


Implementation and Infrastructure


Metaverse / Web3


Mining
NEW YORK STATE SLINGS ANOTHER ARROW AT BITCOIN MINING


Nation States (and other political jurisdictions)


NFTs
GameStop’s Ethereum NFT Sales Dwarf Coinbase NFT in Two Days


Regulation, Legislation & Legal Matters
The EU Attacks Bitcoin Due To A Comprehension Problem
Zac Prince Confronts Claims Comparing BlockFi to Celsius and Voyager
Ignorance unleashed – UN Says Developing Nations Should Ban Bitcoin Ads, Regulate Crypto Wallets


Stablecoins
Stablecoin Regulation Ramps Up Across the Globe With New BIS Guidance


Taxation


The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
…AND THIS –> https://www.buybitcoinworldwide.com/treasuries/
Here Are the 5 Cryptocurrencies Removed From Grayscale’s Digital Large Cap Fund


Time Capsule
-Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing


Outside News
Expect a Long But Shallow Recession With Minimal Job Losses – Mish Talk
“Take The Tragedy In Sri Lanka And Multiply By Ten”: The Fed Just Lobbed A Financial Nuke That Will Obliterate The Global Economy


You Do Not Change Bitcoin. Bitcoin Changes You.
“Bitcoin will eat the world.” And it is.
NYDIG to Partner with New York Yankees for Bitcoin Benefits


Buy store gift cards, earn bitcoin. Use the debit card, earn bitcoin. Get .00005 bitcoin when you sign up


The app that let’s you buy/sell/trade cryptos, earn yields on crypto deposits and take out a crypto-backed loans


Get $10 when you sign up with Strike. Send cash instantly around the world at no cost, and buy bitcoin with only a 1.5% fee


coinbase

If you’re new to crypto, Coinbase is the easiest way to get started

res-binance

Binance is a great exchange to buy and sell cryptos

changelly

Changelly is a good option for exchanging coins without having to use an exchange


lolli logo

Earn bitcoin while you shop online using Lolli


teepublic logo

Get crypto-themed shirts, stickers, mugs and more at Teepublic


brave-logo

Download the Brave browser and block unwanted ads and earn rewards whileen you browse online 


Exodus-Logo side

Download the Exodus wallet for you PC and smartphone

coinami

Download the Coinami wallet for your PC and smartphone



Categories: Weekly Headlines

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