Blockchangers Blog

Weekly Wrap Up #35

Quote of the week: “I simply think that, you know, the crypto coins are a bubble. I do think there are survivors… I do think we need an alternative to the dollar as we’ve seen in the last week or two and that you know, there will be several survivors and I’m invested to a small extent in bitcoin.”- Bill Gross, ‘King of Bonds’ and Prominent Crypto Critic. 

Source: https://www.thestreet.com/investing/cryptocurrency/king-of-bonds-bill-gross-a-famous-crypto-critic-invests-in-bitcoin?puc=yahoo&cm_ven=YAHOO

NFT Mass Adoption Continues Featuring Instagram:  Mark Zuckerberg made some comments at SXSW in Austin that confirmed that Instagram was preparing for NFTs. The CEO did not announce when the integration would occur but said that the company was “bringing NFTs to Instagram in the near term.” Source: https://www.coindesk.com/business/2022/03/15/mark-zuckerberg-says-nfts-are-coming-soon-to-instagram/

Crypto.com’s Exchange Platform is Now Available: Crypto.com’s exchange is now available to waitlist users, and it will be available to more users in the coming months. As of now, the trading platform can only be used by a limited number of institutional investors. The exchange announced that, in time, VIP users of the exchange will have the opportunity to access exclusive events, rewards, and market insights. Source:  https://www.thestreet.com/investing/cryptocurrency/crypto-com-has-good-news-for-us-based-crypto-fans?puc=yahoo&cm_ven=YAHOO

Dubai issues its first Crypto License:  FTX has become the first exchange to be granted a crypto license and trading house in Dubai. On Thursday, March 17, Binance secured a license to operate in Dubai, becoming the second license in a Middle East jurisdiction obtained this week. Sources: 

https://finance.yahoo.com/news/ftx-europe-becomes-first-exchange-095639483.html

https://cointelegraph.com/news/it-s-official-binance-secures-a-license-to-operate-in-dubai

Coinbase and NFTs:  Coinbase announced this week the launch of Coinbase NFT, a peer-to-peer marketplace that allows users to discover, mint, purchase, and showcase NFTs. Already, Coinbase has met with hundreds of artists and creators looking to get into the NFT space. Coinbase’s NFT platform will provide a more collaborative environment and will enhance the interaction between users and creators. Source: https://finance.yahoo.com/news/coinbase-announces-plan-launch-nft-084525480.html

European MiCA Bill Update: The MiCA bill could have had a detrimental impact on the cryptocurrency industry within the EU. Luckily, members of the European Parliament’s Committee on Economic and Monetary Affairs voted against a version of the MiCA bill. This comes as a huge relief for the industry and the market. Source:

https://cointelegraph.com/news/european-parliament-votes-against-pow-ban-providing-huge-relief-to-the-crypto-industry

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.