Blockchangers Blog

Weekly Wrap Up #50

Quote of the week: “Crypto is going through what most innovations go through…” -El-Erian, Chief Economic Adviser at Allianz and President of Queens’ College at Cambridge. Source:

Continuing to Buy the Dip:  Despite market turbulence, many firms and investors are continuing to buy the cryptocurrency dip. This week, Microstrategy purchased another 480 Bitcoins for approximately $10 million. Source:

Goldman Sachs Downgrades Coinbase Stock to ‘Sell’:  Plunging cryptocurrency prices have affected Coinbase’s underlying business; and, as a result, analysts at Goldman Sachs have downgraded its stock. Source:

Europe’s First Bitcoin ETF is Launching:  London-based investment company, Jacobi Asset Management announced on June 30 that it will be launching Europe’s first Bitcoin ETF on the Euronet exchange. The Bitcoin ETF will start trading in early July and will include a 1.5% annual management fee. Source:

Voyager Digital Issues Notice of Default:  Voyager Digital issued a notice of default to hedge fund Three Arrows Capital for its failure to pay its loan. Voyager issued a market update that noted that the company is exploring “legal remedies” that are available to pursue the recovery of its funds from Three Arrows Capital. The company assured its users that the platform is continuing to operate and fulfill orders. Source:

Opensea Reports Major Data Breach:  Opensea reported this week that email addresses have been leaked to a third party by a staff member of CRM software Opensea stated, “If you have shared your email with OpenSea in the past, you should assume you were impacted.”  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.