Weekly Headlines 2023.3 W3
“Crypto did not force SVB and Signature into bankruptcy. In my view, Fed policy was the primary culprit. Because of a VC funding drought and higher yields on money market funds, deposits left the US banking system”. – Cathie Wood, the founder, CEO and CIO of Ark Invest Weekly News...
Weekly Headlines 2023.3 W2
“Fiat people are obsessed with zero sum games because fiat money turns positive sum games into zero sum.” – Jimmy Song Weekly News Report: News 1. Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto – Circle earlier confirmed it has $3.3 billion backing its USDC...
Weekly Headlines 2023.3 W1
“General purpose zero knowledge blockchains have been positioned as the next big thing to scale Ethereum.” – Ganesh Swami, co-founder and CEO of Covalent Weekly News Report: News 1. ConsenSys, Developer of Ethereum Software, Says zkEVM Public Testnet to Go Live March 28 – Zero-knowledge, or ZK, a type of...
Weekly Headlines 2023.2 W3
“What we see is clients are absolutely interested in digital assets, broadly.” – Michael Demissie, head of digital assets at BNY Mellon Weekly News Report: News 1. FTX Japan plans to resume withdrawals as early as February: Report – Bankrupt cryptocurrency exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans...
Weekly Headlines 2023.2 W1
“Traditionally, people have looked to centralized intermediaries or governments to solve this problem, but technology like cryptography, blockchain and zero-knowledge proofs offer new solutions.” – Hester Peirce, commissioner of the U.S. Securities and Exchange Commission Weekly News Report: News 1. Euro stablecoin launched in Finland, claims to be first approved...