The TCB Weekly News Roundup, ending 26 February 2023

More of the same, it seems. Solana breaks (why are people still using it?), the FTX fallout, DCG, more adoption news, and 2022’s legal momentum bears fruit. Take note that I’ve added links to CBDC tracking websites, which are worth periodically keeping tabs on.

Enjoy and be well, Everyone.

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The Week’s Posts
Tuesday Post: Take a Tour-“Inside a Billion Dollar Bitcoin Mining Farm”

Thursday Post: The SEC/Kraken Staking Service Settlement, Broken Down (via Charles Hoskinson & Jeff Dorman)


This Week In Twitter


Bitcoin node connection shuts down: BlueWallet users urged to withdraw fund

Get Non-KYC Bitcoin Before You Need It – Bitcoin Magazine

Adoption, Implementation and Infrastructure
Mastercard to allow crypto payments in Web3 via USDC settlement
France pilots in-store crypto payments as Binance partners with Ingenico

CBDCs (are just Surveillance Tokens)
*CBDC Tracker*
*The Atlantic Council (CBDC tracker)*
Legislators Introduce Bill To Prohibit Creation Of US CBDC
5 ways CBDCs could impact the global financial system
IMF offers Jordan’s central bank recommendations for implementing retail CBDC
Japan to launch CBDC pilot program for issuance of digital Yen

Galaxy acquires institutional crypto custody firm for $44M
Genesis creditors file to restrict bankrupt’s firm intercompany transactions
BlockFi files to dismiss SBF’s Emergent company bankruptcy case
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
Voyager is selling crypto assets through Coinbase, suggests on-chain data
FTX Japan allows total withdrawal of funds — users rejoice the ‘escape’

Ethereum Shapella upgrade gets new date, making way for un-staking ETH
Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum

Solana faces slowdown in block production, network restarted (can we just call it another irrelevant chain destined for slow death?)

Nearly $370 Billion in Bitcoin Has Gone ‘Dormant’—Here’s Why

Helium announces migration date to Solana, 1M hotspots worldwide

Paxos asserts that Binance USD is not a security under two separate tests


DeFi CeFi and Lending
This Week In DeFi – February 24

OKX Proof of Reserves report shows $8.6B in clean assets

Bitcoin eyes 25% of world’s wealth in new $10M BTC price prediction
Man faces arrest over alleged crypto mine hidden under a school
NFTs will act as high-end property during boom cycles: Real Vision CEO

Montana’s ‘right to mine’ crypto bill moves closer to passing as law

Nation States (and other political jurisdictions)

NFTs / Metaverse / Web3 / DAOs
Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more
Overpriced JPEGS: The PROOF is in the Pudding
Bankless/Metaversal: Become Your NFT
Spotify started testing Web3 wallets integration
How to create NFTs on the Cardano blockchain

Regulation, Legislation, Legal Matters & Taxation
Wyoming Legislature Bill Protecting Private Keys
SEC files objection to Binance.US bid for Voyager assets
‘Unworkable’ bill to ban blockchain immutability is introduced in Illinois
Tornado Cash developer remanded in custody another 3 months without charge Dorian Batycka
Coordinated global crypto policies: G20 key financial stability priority
The limitations of the EU’s new cryptocurrency regulations
New York state announces another upgrade to its virtual currency monitoring capacity

Many stablecoins fall short of coming regulatory recommendations, says FSB chair
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserve


Wall Street and Big Money
Bitcoin Worldwide (treasuries)*

Time Capsule

Outside News

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

Earn rebates paid in bitcoin by using the app to buy gift cards, and using the debit card for everyday purchases.


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

lolli logo

Earn bitcoin when you shop online using Lolli

teepublic logo

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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