The TCB Weekly News Roundup, ending 25 December 2022

  1. SBF is out on bail his parents posted and he’s on house arrest there (living in the basement?)
  2. More adoption, mining, and legislative news
  3. You seriously will want to watch the recommended video

What a week! The legal aspect of the FTX fallout continues to progress, CBDCs are making headlines, the companies affected by the fallout of FTX make moves, and bitcoin miners deal with the shakeout of low prices and high difficulty.

Enjoy and be well, Everyone.


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The Week’s Posts
Via Bitcoin Magazine: “Bitcoin Amsterdam 2020- Insights from the 4th Largest Lightning Network Node”

Read With Me: Andreas Antonopoulos – “The Internet of Money” Chapter 9: Money as a Content Type


Reports:
NYDIG – A Weekly Digest of Bitcoin News & Insights


This Week In Twitter

Used to be $4.75

Headlines


Adoption, Implementation and Infrastructure
Uniswap to allow users to buy cryptocurrency using debit and credit cards
Visa proposes Ethereum auto-payment scheme
The driving forces behind crypto adoption in Latin America in 2022
Twitter integrates Bitcoin, Ethereum price charts into feeds
Crypto platform Paxful removes ETH from its marketplace


CBDCs (are just Surveillance Tokens)
ECB publishes new digital euro report, rollout decision in fall 2023


COMPANIES & PROTOCOLS
Bitcoin
Crowdfunding gets leg up from Lightning Addresses on Bitcoin

Research Ethereum token issuance continues inflationary, deflationary swing


CRIMES AND SCAMS
$1.7M in Bitcoin tied to QuadrigaCX reawakens after years of dormancy


DeFi CeFi and Lending
This Week In DeFi – December 23
Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana
BlockFi confirms move to allow wallet users access to funds


Exchanges
BUSD balance on exchanges down $6B over 30 days


GOSSIP
Craig Wright vs Hodlonaut trial goes scheduled for round 2
Tornado Cash developer seeks $240K salary to resurrect protocol


Mining
Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan
Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
Bitcoin mining difficulty to end year rising by 3%
Research Research: Miners sent 57K Bitcoin to exchanges in 2022; selling pressure decreasing
CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January


Nation States (and other political jurisdictions)


NFTs / Metaverse / Web3 / DAOs
Nifty News: Trump’s NFTs tank, NBA star’s collection gone in 77 seconds and more
Binance.US to acquire bankrupt Voyager’s assets for $1.02B
Marshall Islands legally recognizes DAOs as domestic limited liability companies
November 2022 GameFi Report Footprint Analytics
New Amazon series explores NFT culture: Nifty Newsletter, Dec. 14–20
British Columbia to halt new power connections for crypto miners


Regulation, Legislation, Legal Matters & Taxation
USA/Europe
Infrastructure Bill’s Crypto Tax Provisions Coming in January 2023
Ripple: SEC Begs Court Not To Disclose Hinman Documents
SEC filing declares FTT a security in FTX case development

North Korean hacking activity ceases after regulators implement KYC: Report

FTX
Deribit transferred 10,000 ETH to an Alameda address in the past 10 days
Top 50 FTX creditors only account for $114M of unsecured claims out of billions lost
Third parties could return FTX funds directly to customers: Law firm
SBF received special treatment inside Bahamian jail: Report
SBF sent home after his parents put up their house to cover his astronomical bail bond
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
How FTX Founder SBF And Friends Quietly Donated To Political Groups And Relatives
Alameda’s Caroline Ellison escapes potential 110-year prison term via plea deal
Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges


STABLECOINS
Waves Platform CEO announces launch of new stablecoin
Stablecoin settlements can surpass all major card networks in 2023: Data
US Senator Toomey introduces stablecoin bill as congressional session wraps up


Taxation


Wall Street and Big Money
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
…AND THIS –> https://www.buybitcoinworldwide.com/treasuries/
Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails


Time Capsule


Outside News


You Do Not Change Bitcoin. Bitcoin Changes You.
“Bitcoin will eat the world.” And it is.



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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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