Blockchangers Blog

Share on facebook
Share on twitter
Share on linkedin
Share on email

Weekly Wrap Up #27

Quote of the Week: “Here’s my prediction: The markets pull back finally, and we get a 10%–20% correction in the stock market. All correlations are one, which is usually the way it works. Bitcoin comes out better off for it.” –  Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence. Source:  https://cointelegraph.com/news/bitcoin-will-emerge-stronger-after-stocks-dip-10-20-bloomberg-analyst

Walmart Moving Toward Digital Assets:  Walmart has made at least three filings with the USPTO, signaling the company’s plans to incorporate digital assets and virtual experiences in its strategy. The trademark filings detail the possibility of the launch of a Walmart virtual currency or token, downloadable software used for augmented reality, and NFT-based goods and services. Source:

https://www.barrons.com/articles/walmart-plans-to-enter-the-metaverse-with-crypto-and-nfts-51642421072?siteid=yhoof2

NFT Marketplace Acquires Dharma Labs:  In an announcement on January 18, it was confirmed that NFT marketplace OpenSea had acquired crypto wallet firm Dharma Labs. As part of the deal, Dharma co-founder Nadav Hollander will now serve as the chief technology officer at OpenSea. OpenSea co-founder, Alex Atallah, who previously was the CTO at the company will step into a new role overseeing NFT ecosystem development efforts.  Source:  https://www.coindesk.com/business/2022/01/18/nft-marketplace-opensea-acquires-defi-wallet-firm-dharma-labs/

Brazil and Bitcoin: The mayor of the Brazilian city Rio de Janeiro, Eduardo Paes, stated that he wants to allocate 1% of the city’s treasury into Bitcoin, and he announced plans for “Crypto Rio,” which is an initiative to turn the city into a cryptocurrency hub. At Rio Innovation Week, Mayor Paes talked with Mayor Suarez of Miami, Florida about Bitcoin.  Source:  https://cointelegraph.com/news/brazilian-mayor-to-reportedly-invest-1-of-city-reserves-in-bitcoin

Coinbase and Mastercard Partner: On January 18, Coinbase announced its strategic partnership with Mastercard. Mastercard will help simplify the experience of buying NFTs on Coinbase’s marketplace; one will not need cryptocurrency to buy an NFT on Coinbase and can use a credit card or debit card. However, buyers will still need a cryptocurrency wallet in order to store the NFT after its purchase. Source: https://finance.yahoo.com/news/won-t-crypto-wallet-buy-155854486.html

Google and Cryptocurrency:  Google has hired a former PayPal executive to help expand Google Pay and explore cryptocurrency payment options. Google’s president of commerce Bill Ready told Bloomberg that “crypto is something we pay a lot of attention to […] As user demand and merchant demand evolves, we’ll evolve with it.” Source: https://cointelegraph.com/news/google-pay-hires-paypal-exec-to-head-up-crypto-payments-push

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.