Blockchangers Blog

Weekly Wrap Up #13

Quote of the week:

“I think it [cryptocurrencies] could have some real upside. My sense is there are more buyers than sellers. It’s an asset class that I think is durable.” – Rick Rieder, BlackRock’s chief investment officer of global fixed income

Source: https://finance.yahoo.com/news/cryptocurriencies-are-a-durable-asset-class-with-real-upside-black-rock-fixed-income-cio-160259991.html

Mass Adoption Continues: Google: This past week, the giant search engine Google partnered with NFT leader Dapper Labs. Google Cloud stated it will serve as a network operator for Dapper Lab’s Flow blockchain. This partnership was created to support blockchain development in an ecosystem of NFTs, games, and applications. Source: https://cointelegraph.com/news/google-partners-with-nft-leader-dapper-labs-to-support-flow-blockchain

Altcoin Update: Polkadot (DOT): Polkadot is a blockchain network that supports many interconnected parachains. Over the past 56 days, Polkadot has rallied by 256%. Over the past 30 days, Polkadot’s $39 billion market capitalization has outperformed Ethereum by 66%. Even after its incredible rally, many bulls see Polkadot hitting a new all-time high in the short-term future.

Source: https://cointelegraph.com/news/3-reasons-why-polkadot-is-en-route-to-a-new-ath-even-after-a-256-rally

U.S. Mass Adoption Across Industries: Real Estate: Magnum Real Estate Group is accepting Bitcoin as a payment option for the sale of Gramercy Park Retail at 385 First Avenue in New York City. The building is worth approximately $29 million. Many real estate firms have seen the value of cryptocurrencies and have started to accept them as a payment. For example, WeWork has accepted cryptocurrencies for workspace use and KPG Funds have let its office tenants use cryptocurrency for rent. Source:

Magnum Real Estate Group Accepting Bitcoin for Gramercy Park Retail Sale

International Regulation: Cuba: On Wednesday, September 15, cryptocurrency became a legal method of payment for commercial transactions and investments in Cuba. Resolution 215 of 2021 was issued by the central bank of Cuba, which recognized cryptocurrencies, including Bitcoin, as a legal form of payment.

Source: https://cointelegraph.com/news/cuba-s-cryptocurrency-regulations-take-effect

NFTs Potential: Benefiting Charities: NFTs have come to the forefront of our cryptocurrency and blockchain vocabulary this past year; although it’s just the start, its potential is limitless. NFTs offer content owners and creators the ability to monetize their creations. Recently, though, NFTs have proven their ability to benefit philanthropic organizations and raise funds for charitable causes. NFTs offer more than just monetary donations, and many are realizing their potential. This past week, Tito Rodriguez took a philanthropic stand and began to raise money for charity through the NFT drop of the Snoop Dogg RIAA Certified Platinum Plaque. Source:

https://cointelegraph.com/news/nfts-for-a-better-world-music-producer-auctioning-his-personal-snoop-dogg-platinum-plaque-for-a-philanthropic-stand

And, that’s a wrap!

Jordana Cohen,

Associate

Alpha Sigma Capital

Recent Posts

Alpha Sigma Capital
Daniel Siciliano

F. Daniel Siciliano is an Independent Director of the Federal Home Loan Bank of San Francisco and Chair of the American Immigration Council. He is the former faculty director of the Rock Center for Corporate Governance at Stanford University and former Professor of the Practice and Associate Dean at Stanford Law School. His work has included expert testimony in front of both the U.S. Senate and the House of Representatives and for 2009, 2010, and 2011, alongside leading academics and business leaders such as Ben Bernanke, Paul Krugman, and Carl Icahn, Professor Siciliano was named to the “Directorship 100” – a list of the most influential people in corporate governance.

Siciliano was also co-founder, CEO and ultimately Executive Chairman of LawLogix Group, Inc. – a global software technology company named 9 consecutive times to the Inc. 500/5000, several times ranked as one of the Top 100 fastest-growing private software companies in the US and named to the US Hispanic Business 500 (largest) and Hispanic Business 100 (fastest growing) lists for 2010 and 2011. In 2012 he sold a majority stake of the company to PNC Riverarch Capital, continued as Executive Chairman, and led the sale of the company to Hyland Software/Thoma Bravo in 2015.

Siciliano is a co-founder and board member of the Silicon Valley Directors’ Exchange (SVDX), Chairman of the national non-partisan American Immigration Council, past-President of the League of United Latin American Citizens (LULAC) Council #1057, and an active member of the Latino Corporate Directors’ Association.


Siciliano’s related areas of expertise include executive compensation, corporate compliance, the legal and social impact of autonomous (AI/robotic) systems, and corporate technology strategy and security. He has served as a governance consultant and trainer to the Board of Directors of dozens of Fortune 1000 companies (including Google, Microsoft, Fedex, Disney, Entergy and Applied Materials), is an angel investor and consultant to several firms and companies in Silicon Valley, Hong Kong, India, and Latin America, and currently serves as an independent director on the board of the Federal Home Loan Bank of San Francisco. He lives in Los Altos, California.