Blockchangers Blog

Weekly Wrap Up #49

Quote of the week: “Crypto has had ups before, and it has had downs before, and it will have ups and downs again”- Vitalik Buterin, Creator of Ethereum. Source:

Wire Network’s New Protocol Aims to End Web3 Interoperability Woes: A growing number of Web3 platforms lack interoperability, which could be a huge roadblock to a seamless Web3 experience. Wire Network aims to change that with its universal wallet address protocol. Source:

FTX is the New Federal Reserve of Crypto?  Amidst market turmoil, FTX, a digital-asset trading company, agreed to give BlockFi Inc. a revolving credit facility. Additionally, Sam Bankman-Fried, the head of FTX and owner of quant trading firm Alameda Research, gave a revolving line of credit to Voyager Digital. Source:

First Short Bitcoin ETF is Listed on NYSE:  ProShares, the largest provider of Bitcoin-based ETFs in the United States, is set to launch its ProShares Short Bitcoin Strategy ETF. The ETF will trade on the New York Stock Exchange under the ticker BITI and is an opportunity for investors to speculate on the declining price of Bitcoin. Source:

Coinbase Faces Lawsuits:  Coinbase is facing class-action lawsuits for negligent listings; the suit claims that Coinbase was negligent in its listing of the TerraUSD Classic (USTC) stablecoin and its failure to disclose its financial relationship with Terraform Labs. This lawsuit comes after a lawsuit filed against Coinbase last month in connection with the depegging of GYEN. Source:

NFTs on the Rise Amidst Market Turmoil:  Despite rocky cryptocurrency market conditions, the NFT sector seems to be defying the emergence of crypto winter. A report by DappRadar has revealed prominent NFT collections experiencing substantial floor price gains of more than 40%. This week Meta is set to begin testing NFTs on Instagram stories, using its augmented reality platform Spark AR. Sources:

Uniswap Acquires NFT Marketplace:  This week, Uniswap decentralized exchange protocol announced its new acquisition of NFT marketplace aggregator Genie. Genie gives users access to NFTs and allows them to trade NFTs across most NFT platforms. This new acquisition will bring NFTs to the forefront of the platform. The company says they will be using the product to build a Uniswap NFT vertical into their own platform. Source:

And, that’s a wrap!

Jordana Cohen,


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.