Blockchangers Blog

Weekly Wrap Up #32

Quote of the week: “I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive.” – Dan Morehead, CEO of Pantera Capital. Source: https://cointelegraph.com/news/crypto-best-place-to-store-wealth-during-fed-rate-hike-pantera-ceo

Bitcoin Update: Bitcoin’s price has plunged to levels as low as $34,338, which are the lowest levels observed since late January. Bitcoin’s price decrease has come after news that Russia has launched an invasion of Ukraine. 

Sources: https://www.barrons.com/articles/bitcoin-ether-plunge-russia-attacks-ukraine-51645692354?siteid=yhoof2

https://coinmarketcap.com/currencies/bitcoin/

The United States Inflation Update: Could Cryptocurrencies Become a Hedge?  Inflation has become a major political problem in the United States and United States citizens are looking for a safe haven for their funds. United States inflation has broken a 40-year record; the United States Bureau of Labor Statistics stated that the Consumer Price Index has increased by 7.5% compared to the same time last year. This percentage increase is the greatest year-on-year increase since 1982. Many wonder now if Bitcoin and other cryptocurrencies can be that safe haven citizens are looking for. Source: https://cointelegraph.com/news/u-s-inflation-breaks-40-year-record-can-bitcoin-serve-as-a-hedge-asset

Metaverse Mass Adoption Continues: Manchester City, Englands’ top soccer team, and its new partner Sony have begun to build a replica of Etihad Stadium in the Metaverse. The team hopes that the stadium in the Metaverse will allow fans to watch games in an immersive setting, during the ongoing pandemic. Source:

https://cointelegraph.com/news/manchester-city-to-build-etihad-stadium-in-the-metaverse

Bitcoin Coming Soon to Mexico? Mexican Senator Indira Kempis stated that she would soon be proposing a cryptocurrency law and expressed her plans and opinions about Bitcoin, among other cryptocurrencies. She has plans to make Bitcoin a legal tender, after being impressed by the impact of Bitcoin in El Salvador. Source:  https://finance.yahoo.com/news/mexican-senator-proposes-bitcoin-legal-144704146.html

Warner Music Group New Partnership:  On February 23, Warner Music Group announced that it had partnered with collectible play-to-earn card game Splinterlands. Last month, Warner Music Group partnered with Metaverse company The Sandbox to offer fans an engagement platform and outlet. Now, with its new partnership with Splinterlands, Warner Music Group hopes to unlock new revenue streams for their artists, while “elevating the role of fandom and community.” Source: https://cointelegraph.com/news/warner-music-group-announces-partnership-with-blockchain-gaming-developer-splinterlands

And, that’s a wrap!

Jordana Cohen,

Associate

Alpha Sigma Capital

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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.