The TCB Weekly News Roundup, ending 19 February 2023

News across the board. The SEC/Kraken fine was more about custodial services than protocol staking, CBDCs move forward, and action in DeFi and NFT spaces.

Enjoy and be well, Everyone.

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The Week’s Posts
Tuesday Post: Charles Hoskinson of IOHK on Recent Developments with Staking & Regulation

Thursday Post- Tomer Strolight: “Why Bitcoin, The Series, #23: Why We Need Bitcoin”


This Week In Twitter


Adoption, Implementation and Infrastructure
Strike Launches ‘Sending API’: Businesses Can Easily Use the Lightning Network for Payments
Siemens issues $64M digital bond on a public blockchain
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions

CBDCs (are just Surveillance Tokens)
San Francisco federal bank eyes CBDC system development, reveals job posting
Fireblocks Director Of CBDC, Market Infrastructure Says Bank Of England Consultation Paper On CBDC Offers Meaningful Engagement Opportunity [This is what grift looks like]
UAE Plans to Issue a CBDC to Promote Digital Payments

NBB: Block 776890: Important News of the Week
How Ordinals are evolving differently than Ethereum NFTs (Twitter thread)
Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH
Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade

FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas
-*Voyager creditors serve SBF a subpoena to appear in court for a ‘remote deposition’

DeFi CeFi and Lending
DeFi Rate: This Week In DeFi – February 17
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
Alameda wallets resurrect to transfer FTT in the millions
SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined

Mt. Gox top creditor goes with early payout option: Report
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Circle blew the whistle on Binance reserves to NYDFS: Report


Bitcoin miners already made nearly $600K from Ordinals’ NFT transaction
Bitcoin miners as energy buyers, explained
Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes

Nation States (and other political jurisdictions)
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF

NFTs / Metaverse / Web3 / DAOs
Ordinals Gain Momentum With 76,000 NFTs Minted to Bitcoin
Bored Ape Owner Burns $169K NFT to Move It From Ethereum to Bitcoin
Concerning Ordinals – Bitcoin Magazine – Bitcoin News, Articles and Expert Insights
Bitcoin Ordinals Can Change Mining Revenue – Bitcoin Magazine
NYDIG: Ordinals is Impacting the Blockchain, But Some Outcomes are a Mystery
How the Ordinals movement will benefit the Bitcoin blockchain
Metaversal: NFT market wars continue

Regulation, Legislation, Legal Matters & Taxation
The U.S. State Of Wyoming Has Passed A Bill That Protects Its Citizens From Having To Disclose Private Keys
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
SEC to target crypto firms operating as ‘qualified custodians’ — Report
US lawmakers and experts debate SEC’s role in crypto regulation

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

IRS broadens tax requirements for crypto to encompass everyone – **eyeroll**

Wall Street and Big Money

Time Capsule

Outside News

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

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

Send cash instantly around the world at no cost. 1% fee for buying bitcoin. Easily set up recurring buys.


If you’re new to crypto, Coinbase is the easiest exchange to start with.


Older posts had a referral link- my message now is to use at your own risk and don’t leave any token or coins in their custody you cannot afford to lose


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

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Earn bitcoin when you shop online using Lolli

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


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

Exodus-Logo side

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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