With a new week comes more news! From Britain PM election to Metaverse surge line up, check out what happened Last Week in Blockchain space!
Technology
Crypto.com Releases Data to Assure Clients It Holds One-to-One Reserves
https://finance.yahoo.com/news/crypto-com-releases-data-assure-220207382.html
Do Advisers Have a Fiduciary Responsibility to Offer Bitcoin?
https://finance.yahoo.com/m/53aad5b1-fa7f-35f1-a290-f755a7e7d0f6/do-advisers-have-a-fiduciary.html
Slowing crypto startup funding may still surpass 2021 record – Pitchbook
https://www.reuters.com/technology/slowing-crypto-startup-funding-may-still-surpass-2021-record-pitchbook-2022-12-08/
Man behind the iPod launches new cryptocurrency wallet
https://www.reuters.com/technology/man-behind-ipod-launches-new-cryptocurrency-wallet-2022-12-06/
SafeMoon and the chaotic world of crypto
https://www.bbc.co.uk/programmes/w3ct4lnh
House panel fines Cawthorn over $15,000 for promoting cryptocurrency
https://www.washingtonpost.com/politics/2022/12/06/madison-cawthorn-cryptocurrency-house-ethics-fine/
How a Series of Crypto Meltdowns Is Reshaping the Industry
https://www.washingtonpost.com/business/how-a-series-of-crypto-meltdowns-is-reshaping-the-industry/2022/12/05/6edd457c-74c0-11ed-a199-927b334b939f_story.html
An Obscure Bank Found Its Key to Success. Then FTX Collapsed
https://www.washingtonpost.com/business/on-small-business/an-obscure-bank-found-its-key-to-success-then-ftx-collapsed/2022/12/09/bc428e96-77c5-11ed-a199-927b334b939f_story.html
Crypto
Bitcoin Drifts Higher. The Fed’s Rates Decision Could Drive It to $18,000 or Unleash More Selling Pressure.
https://finance.yahoo.com/m/b67dcdfa-5d8e-352d-b15c-12fa5f8c8af7/bitcoin-drifts-higher-the.html
Caroline Ellison Hires SEC’s Former Top Crypto Cop for FTX probe
https://finance.yahoo.com/news/caroline-ellison-hires-sec-former-180000496.html
U.S. Supreme Court agrees to hear Coinbase arbitration dispute
https://www.reuters.com/legal/us-supreme-court-agrees-hear-coinbase-arbitration-dispute-2022-12-09/
Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
https://finance.yahoo.com/news/crypto-markets-today-exposed-alameda-223021064.html
U.S. SEC issues new guidance on disclosing crypto risks
https://www.reuters.com/markets/us/us-sec-advises-public-companies-disclosing-crypto-impacts-2022-12-08/
Senators Warren, Smith ask Fed for accounting of banks’ crypto ties
https://www.reuters.com/technology/senators-warren-smith-ask-fed-accounting-banks-crypto-ties-2022-12-08/
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
https://finance.yahoo.com/news/shares-bitcoin-miner-argo-blockchain-211335487.html
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
https://www.reuters.com/technology/cryptoverse-forget-crypto-winter-this-is-bitcoin-bloodbath-2022-12-06/
Apple’s New Encryption Policy Is a Huge Boon for Crypto
https://finance.yahoo.com/news/apples-encryption-huge-boon-crypto-150814063.html
NFT
Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT ‘Scheme’
https://finance.yahoo.com/news/bieber-madonna-among-dozens-celebs-221930682.html
Nike releases real tech shoe based on its NFT Cryptokicks
https://finance.yahoo.com/m/6f1221a7-08de-35c0-92f5-9f3955133fd5/nike-releases-real-tech-shoe.html
Co-founder of NFT platform Blockparty charged with fraud
https://www.reuters.com/technology/co-founder-nft-platform-blockparty-charged-with-fraud-2022-12-07/
Bored Ape Golf NFTs Hit the Fairway
https://nftplazas.com/bored-ape-golf-nfts/
NFT Platforms Reap the Rewards as Stripe Debuts Crypto Onramp
https://nftplazas.com/stripe-crypto-onramp/
NFTs could help solve diamond certification fraud
https://cointelegraph.com/news/nfts-could-help-solve-diamond-certification-fraud
Cockpunch Debuts to a Secondary Market Trading Frenzy
https://nftplazas.com/cockpunch-trading-frenzy/
Ledger Causes a Stir with New NFT Friendly ‘Stax’ Wallet
https://nftplazas.com/ledger-stax-wallet/
Starbucks Sees ‘Unprecedented Interest’ as Polygon NFT Rewards Platform Launches
https://finance.yahoo.com/news/starbucks-sees-unprecedented-interest-polygon-184108377.html
Cyber Crimes
Pet Dog Unmasks Drug Trafficker on Encrypted Chat
https://www.infosecurity-magazine.com/news/pet-dog-unmasks-drug-trafficker/
BEC Attacks Expand Beyond Email and Toward Mobile Devices
https://www.infosecurity-magazine.com/news/bec-attacks-expand-toward-mobile/
Investment Fraud Gang May Have Made $500m
https://www.infosecurity-magazine.com/news/investment-fraud-gang-may-have/
How Can SMEs Improve Their Cybersecurity Resilience?
https://www.infosecurity-magazine.com/next-gen-infosec/smes-cybersecurity-resilience/
Cyber-criminals Scammed Each Other Out of Millions in 2022
https://www.infosecurity-magazine.com/news/cybercriminals-scammed-each-other/
Metaverse
Meta battles U.S. antitrust agency over future of virtual reality
https://www.reuters.com/technology/meta-battles-us-antitrust-agency-over-future-virtual-reality-2022-12-08/
Indonesia central bank says digital rupiah currency can be used in metaverse
https://www.reuters.com/markets/currencies/indonesia-cbank-says-digital-rupiah-currency-can-be-used-metaverse-2022-12-05/
Decentraland Goes Live with Onboard Rental Contract
https://nftplazas.com/decentraland-rental-contract/
EU defends party in €387K metaverse
https://www.politico.eu/article/eu-defends-party-in-e387k-metaverse/
Mark Zuckerberg’s Metaverse Plans Run Into a Big Roadblock
https://www.thestreet.com/technology/mark-zuckerbergs-metaverse-plans-run-into-a-big-roadblock
Morehouse College class will teach Black history in the metaverse
https://www.nbcnews.com/news/nbcblk/morehouse-college-class-will-teach-black-history-metaverse-rcna57159
Web3 News
Headlines of the Week:
- Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
(YahooFinance) - Coinbase CEO expects revenue to plunge over 50% on battered crypto
prices – tweet (Reuters) - Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
(Reuters) - The companies that helped create 2022’s ‘crypto winter’ (WashingtonPost)
- NFTs minted on FTX break, highlighting Web2 hosting flaws
(CoinTelegraph) - Decentraland launches virtual property renting for LAND owners
(CoinTelegraph) - Microsoft Warns Cryptocurrency Firms Against Complex Cyber-Attacks
(InfoSecurityMagazine) - Chinese court says NFTs are virtual property protected by law
(CoinTelegraph)
This Week in the Market: (coinmarketcap)
- The global crypto market cap is $857.15B, a 0.01% Decrease over the last
day - Bitcoin is at $17,176.72 and is Up 0.99% over the last 7 days
- Ethereum is at $1,274.80 and is Up 1.26% over the last 7 days
- BNB is at $289.78 and is Up 0.04% over the last 7 days
Key Dates/Events
- 13 January – 15 January – World Crypto Conference 2023
- 15 January – 17 January – European Blockchain Convention 2023
- 14 January – 17 January – The Blockchain Event
Accounts to Follow
This week we have MatthiasMende, he is among Dubai’s top crypto influencers, with over 215,000 followers on Instagram and a diverse portfolio in crypto trading and social media
marketing. The entrepreneur is no stranger to influencer marketing, as he himself led a social media agency called MEMMOS in 2011.
