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The TCB Weekly News Roundup, ending 26 March 2023

By Brian in Chicago on March 26, 2023 • ( 0 )

In the US, pushback to the crackdown grows (I don’t think proposed actions will get as far as intended,) also known as light is re-asserting itself.
We’ll see how far the darkness progresses, if at all.

Enjoy and be well, Everyone.

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The Week’s Posts
The Week in Videos ending March 25, 2023

Tuesday Post- What Bitcoin Did: “Bank Runs, Bailouts & Bitcoin with Caitlin Long”

Thursday Post- What Bitcoin Did: “Bitcoin’s Operation Chokepoint with Doomberg”

Podcasts:

This Week In Twitter

"Do you see what happens Larry?" https://t.co/QSQeKVnNIp pic.twitter.com/K3ulQ7pMQ8
— B. Rocks (@TinyCryptoBlog) March 25, 2023

I've a feeling that #Bitcoin    and minibus-taxis in #SouthAfrica (yah, the ones who drive like psychopaths) are a good fit for one another.

Not sure if they've been introduced, but Taxis are an integral part of the #township economy, so we're gonna see if they're interested. pic.twitter.com/j9xrN9HFnr
— Bitcoin Ekasi (@BitcoinEkasi) March 23, 2023

The cost of living in 1971:

– Average rent: $150/month
– Gasoline: $0.40 per gallon
– New car: $3,560
– New house: $25,200
– Harvard tuition: $2,600 per year

We systematically devalued our currency and now the world is a lot more expensive 50 years later.
— Pomp 🌪 (@APompliano) March 21, 2023

Bitcoin maxis need to frame how they look at alts a lot differently.
And alt fans need to realize that bitcoin is in a league all by itself.
That said, they all have a place in the world human innovation will create.
— B. Rocks (@TinyCryptoBlog) March 23, 2023

"Debt delenda est." -James Dale Davidson, 1993
— B. Rocks (@TinyCryptoBlog) March 25, 2023

. pic.twitter.com/ZGbCttxYyn
— SlavicWarrior®️ (@q_slavic) March 21, 2023

Headlines

Adoption, Implementation and Infrastructure
–MetaMask enables direct crypto purchases in Nigeria
–Xapo Bank to enable USDC deposits and withdrawals
–Microsoft testing crypto wallet in its web browser Edge: Bleeping Computer

CBDCs (are just Surveillance Tokens)
*CBDC Tracker 1*
*CBDC Tracker 2*
–Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
–US Senator Ted Cruz tries again with new bill to block CBDC
–Adopting CBDC could destabilize banks, help households, US Treasury study says

COMPANIES & PROTOCOLS
–Magic Eden launches marketplace for Bitcoin Ordinals
–Avalanche Blockchain’s X and C Networks See Brief Outage

CRIMES AND SCAMS
–Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin
–Chainalysis breaks down how scammers adapt during the bear market
–Visa: Token bridges were a favored target for thieves in 2022

DeFi CeFi and Lending
–This Week In DeFi – March 24
–Do Kwon Arrested, Montenegrin Officials Say
–FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital
–Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge

Exchanges
–Coinbase Is Speeding Up Plans to Expand Outside the US
–Third biggest outflow of Bitcoin from exchanges this year – driven by whales
–eToro raises $250M after terminating SPAC deal
–Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown
–Crypto Exchange Coinbase Suspends Algorand Staking Rewards

GOSSIP/OPINION/COMMENTARY
–After Bank Failures, Where Will Crypto Firms Turn?
–Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
–‘US has left a vacuum that other countries are eager to fill’: Coinbase
–Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry
–Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

Mining
*Live Mining Statistics*
–Bitcoin Miners’ Revenue From Fees Rises Suggesting the Onset of Major Bull Run

Nation States (and other political jurisdictions)

NFTs / Metaverse / Web3 / DAOs
–SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21

Regulation, Legislation, Legal Matters & Taxation
–Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself
–IRS calls for public feedback on taxing NFTs as collectibles
–Texas lawmaker introduces resolution to protect Bitcoin miners and HODLers
–Blockchain Association seeks info from Fed, FDIC and OCC on ‘de-banking’ crypto firms

STABLECOINS

Wall Street and Big Money
*BitcoinTreasuries*
*Bitcoin Worldwide (treasuries)*
–Bitwise Announces ETF Aimed At Long-Term Bitcoin Investors

Time Capsule

On this day in 1989: Tim Berners-Lee shares the first proposal for World Wide Webhttps://t.co/e3aejJSjLG #InternetHistory pic.twitter.com/NYKudbz8dH
— Web Design Museum (@WebDesignMuseum) March 12, 2023

Outside News
–Mystery Object Found Near Nord Stream Pipelines Could Point To Culprit
–Biden Says “Banks In Pretty Good Shape” As Small Banks See Biggest Deposit Outflow On Record

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

Recommended Viewing

Services and apps that I use

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

SWAN BITCOIN – 1% FEE FOR BUYING BITCOIN AND EASILY SET UP RECURRING BUYS

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