Blockchangers Blog

Weekly Wrap Up #58

Quote of the week: “I’m looking forward to seeing if Powell can straighten the market out… At a time when the Fed’s public forecast is at odds with the market, he knows that this is his chance to steer the markets.” – David Wessel, a senior fellow in economic studies at the Brookings Institution and former Wall Street Journal economics editor. Source:

PayPal Partners with Coinbase:  On August 22, Coinbase announced its partnership with PayPal to assist with banking compliance. As a partner of Coinbase, PayPal will be joining the Travel Rule Universe Solution Technology (TRUST) network. When a company joins TRUST, it becomes part of a rapidly growing global coalition dedicated to ensuring the security and privacy of customers. Source:

Crypto ATM Firm Goes Public:  Bitcoin Depot, a bitcoin ATM operator in North America, struck an $885 million SPAC deal to go public. Bitcoin Depot will list in the United States by merging with blank check company GSR II Meteora Acquisition Corp. Source:

International Regulation Featuring Australia: This week, Australia said it would do a virtual stocktake of the country’s cryptocurrency holdings. This is the first signal from the new center-left government, indicating that it plans to implement regulation. The Treasurer of the country stated that his department would undertake “token mapping” as a first step in identifying which digital assets and cryptocurrencies to regulate and how to regulate them. Source:

Coinbase Launches a New Asset: Coinbase has launched a new digital asset consisting of Ether tokens that are staked and wrapped through the crypto exchange prior to the Ethereum merge. The exchange will be listing Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network as an ERC-20 token, permitting individuals to use their staked ETH while earning rewards on the crypto exchange. Source:

Beijing has Metaverse Development Plans Ahead:  The Beijing municipal government announced a two-year Metaverse innovation and development project that will require all districts to follow a Web3 innovation plan. The innovation plan’s goal is to promote the development of Metaverse-related industries and help Beijing build a digital economy.  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.