Crypto Roundup by DJ Kupo – Week of 3/13/2022
Crypto Roundup by @DJKupo
Payments Giant Stripe Launches Support for Crypto, NFTs
FTX and FTX US also announced they have signed with Stripe for payments and KYC services.
Stripe now supports crypto businesses: exchanges, on-ramps, wallets, and NFT marketplaces. Not just pay-ins but payouts, KYC and identity verification, fraud prevention, and lots more. https://t.co/3X173SkdPd
— John Collison (@collision) March 10, 2022
Credit Suisse Vet Launching $200 Million Crypto Options Trading Fund
“”We can use options in a way that can substantially reduce volatility”
VC Firm Bessemer Announces $250 Million Fund for Decentralized Tech, Launches DAO
The technologies emerging from the global web3 movement have the potential to transform legacy industries across sectors including financial services, gaming, cybersecurity, arts, entertainment, and many others.
EBay Shows Investors Digital Wallet as It Explores Crypto and Other Payment Options
Spartan Group Announces $200 Million Metaverse Fund With an Emphasis on ‘Digital Ownership’
State Street Inks Institutional Crypto Custody Deal With Copper
As institutional investors’ interest in digital assets continues to grow, we are building the financial infrastructure needed to support our clients’ allocations to this new asset class
Public Acquires Fractional Investing Firm Otis for NFTS and Other Collectibles
With Otis joining Public, the Public platform will soon be the only place in the world where people can invest in — and build a modern portfolio with — any fractional asset
Goldman Sachs Offering ETH Fund to Clients Through Galaxy Digital
Janet Yellen Says Biden’s Crypto Executive Order Supports ‘Responsible Innovation’
“President Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy. This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses. It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broader economy.
Elizabeth Warren Drafting Bill to Track Transactions to Private Crypto Wallets: Report
“We have a lot of evidence that not all the crypto platforms are actually adhering to those rules, and collecting the information and then reporting the information and then shutting down where we have sanctions.”
Cryptocurrency Tax Guide 2021-2022, Filing Your Bitcoin and NFT Taxes
Ethereum NFT Gaming Startup Immutable Hits $2.5B Valuation After $200M Raise
Coinbase Touts Blacklist of 25K Russia-Linked Addresses Allegedly Tied to Illicit Activity
Binance Fully Resumes Euro and Pound Bank Transfers
Binance Deal With Crypto Firm Eqonex Prompts Warning Shot From UK Regulators
UK’s Financial Conduct Authority (FCA)
Crypto Exchange FTX Sets Up European Unit
YFI, FTM Tank After Andre Cronje, Anton Nell Claim They’re Leaving Crypto
Andre and I have decided that we are closing the chapter of contibuting to the defi/crypto space.
There are around ~25 apps and services that we are terminating on 03 April 2022.
Healthcare Giant CVS Files for NFTS and Virtual Goods Trademark
We’re also regularly looking at new and innovative ways to engage consumers through a digital-first, technology-forward approach, which is why we recently made trademark filings related to virtual health care services, as well as other virtual goods and services.
Convex Finance Bug Causes CVX Token to Sink on Forced Token Unlock
Important update for vote-locked $CVX holders: the vote-locking contract has been re-deployed, and users will need to re-lock their $CVX tokens.
Full details in our latest medium post:
Vote-Locked CVX Contract MigrationToday, the contract for vote-locked CVX (vlCVX) has been re-deployed. Convex Finance was recently made aware of a potential bug in the…convexfinance.medium.com
FTX Seeks U.S. Blessing for Clearing Margin-Based Retail Trades (Bloomberg)
Crypto Exchange FTX Launches New Unit in Institutional-Investor Push (Bloomberg)
SoftBank Internet Arm Plans NFT Mall to Grow Global Footprint (Bloomberg)
Bain Capital Ventures Launches $560 Million Crypto Fund (Bloomberg)
Siblings Accused of $124 Million Crypto Scam Ran Times Square Ad (Bloomberg)
Biden to Sign Crypto Order as Firms Face Sanctions Pressure (Bloomberg)
Last Week’s Most Read Articles
The SEC Is Considering Crypto Recommendations for Its Custody Rule (The Block)
ConsenSys AG Shareholders Push Multi-Billion Dollar Audit to Investigate Alleged Irregularities (The Block)
Griffin Says ‘Fair to Assume’ That Citadel Securities Will Be Market Making in Crypto in ‘Months to Come’ (The Block)
Bank of America Sees No Crypto Winter Given User Adoption, Developer Activity Growth (CoinDesk)
ECB Urges Haste on Crypto Regulation in Wake of Russian Sanctions (Bloomberg)