The TCB Weekly News Roundup, ending 27 November – Consolidation and FTX is Being Swept Under the Rug

FTX is being swept under the rug, because there are so many people of influence and public notoriety connected to it.
In the meantime, legislative and regulatory measures will progress, but there’s an interesting coin to it:
1) due to whitewashing campaign, the amount of public exposure this would get will be suppressed. One outcome is that this will result in the FTX episode being seen as “a crypto thing” that does not effect the rest of the world; this shields the space from criticism, but also deprives them of exposure to very necessary lessons in third-party risk. Example: I’m re-evaluating risk with the established banking/financial system and my own level of exposure (needless to say, my confidence is not firm.)
2) legislative and regulatory measures will move through more stealthily.

Extra: aside from the ability for users to be geoblocked by the managers of the protocol itself, now there’s identity risk with Metamask. My opinion is that if you’re a person that values self-custody, censorship resistance and privacy, don’t use it.

Keep educating yourself, and keep stacking- bear markets don’t last forever.


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

Be well, Everyone.


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JP Morgan Registers Trademark For a New Cryptocurrency Wallet


CBDC (are just Surveillance Tokens)


COMPANIES AND PROTOCOLS
Anxious Ethereum Stakers Question When They’ll Be Able to Access Funds
Ethereum Developers Agree on What Could Be Included in the Next Upgrade – But Not When
Ethereum: MetaMask Privacy Is Worse Than It Looks


CRIMES AND SCAMS


DAO


DeFi and Lending
Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors
DCG Founder Silbert Says “We’ll Come Out Of It Stronger” Amid Crypto Crisis
Genesis fails to raise funds as FTX contagion weighs on DCG-owned company
Via Mises Institute: How Easy Money Fueled the FTX Crypto Collapse
Sam Bankman-Fried’s Law Firm Drops Him As A Client Amid Ongoing Bankruptcy Revelations


Exchanges
Bitcoin worth $1.5B withdrawn from Coinbase in 48 hours


Fundraising and Sponsorships


GOSSIP
Sam Bankman-Fried and the Pandemic Industrial Complex
Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?
Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’


Implementation and Infrastructure
Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
Lighting Network Makes Bitcoin Scalable – Bitcoin Magazine


Metaverse / Web3


Mining
Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01
Binance’s Crypto Mining Pool Adds Ravencoin Support Post Merge


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NFTs


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STABLECOINS


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The Wall Street
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…AND THIS –> https://www.buybitcoinworldwide.com/treasuries/


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USA: Housing Market Obliterated: Pending Home Sales Post Record Drop As Deal Cancelations, Price Cuts Hit Record High


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