This is Charles Brett’s start-of-the-week Enterprise Times ‘blockchain catch-up’ 2022-Week 5. Necessarily it is idiosyncratic and selective.
It is not intended to be comprehensive but does seek to highlight ‘Quick Takes’ on specific developments as well interesting pieces to read, a listing of some (not all) announcements/press releases and pointers to upcoming events.
Quick Take(s) – Charles Brett’s Blockchain Catch-up 2022-Week 5
Meta’s (aka Facebook) sells and exits Diem
Silvergate Bank’s planned stablecoin could benefit from the distribution and potential partnerships with Diem Association members and other money service providers, Wedbush Securities analysts said in a note following news of Silvergate’s deal to buy assets of Meta Platforms’ (formerly Facebook’s) Diem.
Quick Take: Diem (aka Libra) was always hyper-hype, riding on the back of a common Facebook ‘can do no (market) wrong’ sentiment. Whether Silvergate can do better remains to be seen. But the key take-away, for Enterprise Times, is that Meta no longer has its fingers in this crypto pie.
7 pieces to read – Charles Brett’s Blockchain Catch-up 2022-Week 5
- Forbes: predictions for the blockchain industry in 2022
- Bots are overrunning crypto networks like Solana as they hunt for profits (behind Bloomberg paywall)
- India to tax cryptocurrencies at 30%, puts digital assets in highest tax band
- Blockchain funding grows 700% year-over-year in 2021 (video)
- Google CEO Sundar Pichai name-dropped blockchain. It could shake up cloud computing.
- How $323M in crypto was stolen from a blockchain bridge called Wormhole
- A bridge too far: does the Wormhole hack mean the multi-blockchain dream is dead?
Selected announcements/press releases/opinions – Charles Brett’s Blockchain Catch-up 2022-Week 5
- Blockchain is just a database without crypto, legal expert says (opinion)
- Distributed ledger tech has ‘downsides (opinion)
- Blockchain, cryptocurrencies and budgetary regulations (opinion)
- How Bitcoin helps fix foreign aid corruption (opinion)
- Are crypto assets securities? (opinion)
- Visa says crypto-linked card usage hit US$2.5B in its first quarter (announcement)
- Everest integrates with Polygon to bring verified DeFi to the ‘Internet of Blockchains; (announcement).
Selected upcoming events
- Digital Assets Week (21-25 March 2022)
- Bitcoin 2022 (April 6th-9th, 2022)
- Paris Blockchain Week Summit (12-14th April 2022).
