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)


Reports:


This Week In Twitter


Headlines

–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


COMPANIES & PROTOCOLS
—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


CRIMES AND SCAMS


DeFi CeFi and Lending
–This Week In DeFi – February 24


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


GOSSIP/OPINION
–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


Mining
–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


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


Taxation


Wall Street and Big Money
*BitcoinTreasuries*
*
Bitcoin Worldwide (treasuries)*


Time Capsule


Outside News


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



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coinbase

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

res-binance

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

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


brave-logo

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

coinami

Download the Coinami wallet for your PC and smartphone




Categories: Weekly Headlines

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