Digital Assets Report 40

Digital Assets Report 40


Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
One of the largest banks in France is working with one of the largest protocols in DeFi on a historic step toward institutional adoption.
Visa Working on Interoperability Platform for Stablecoins, CBDCs
The channel would allow cryptocurrencies to be transferred between different blockchains.
El Salvador has started mining bitcoin with volcanos
El Salvador has mined its first amount of bitcoin using geothermal energy from volcanos, its president announced today.
The 2021 Global Crypto Adoption Index: Worldwide Adoption Jumps Over 880% With P2P Platforms Driving Cryptocurrency Usage in Emerging Markets
Bitfarms’ Bitcoin Production Increases on New Mining Equipment
The company mined 1,050 bitcoins in the third quarter, up 38% from the second quarter.
Grayscale adds Solana, Uniswap to Digital Large Cap Fund - Blockworks
Grayscale head of legal says the fund group is considering products relating to themes of layer-1 protocols, gaming, the metaverse
6,000 Coinbase Users Robbed in Phishing Attacks, Company Says It Will Reimburse - Decrypt
Coinbase acknowledged that thousands of customers had funds drained in phishing attack.
Bug puts $162 million up for grabs, says founder of DeFi platform Compound
About $162 million is up for grabs after an upgrade gone very wrong, according to Robert Leshner, founder of Compound Labs.
Swiss Post launches first Swiss Crypto Stamp
End of November, Swiss Post will launch the “Swiss Crypto Stamp”, the first crypto stamp in Switzerland. It is a digital representation for a physical


Crypto Charts 40
BitcoinBitcoin Bearish Short Term ChartLast time we said that a break of the 45′100level would see the start of the next leg higher. This level will now becomesupport and I would look to buy on dips towards that level. A break below 44′000and we would need to reassess this current count. It is p…
The Week Onchain (Week 40, 2021)
The Bitcoin price has rallied strongly out of a zone of heavy accumulation, seeing around $1.75B worth of capital inflows per day.
Bitcoin and Ethereum Pumps’ Incoming, Crypto Analyst PlanB Indicates
Crypto analyst PlanB has predicted Bitcoin at over $63K this October, and over $135K December, he is bullish for Ethereum too.


SEC rolls decisions on four bitcoin ETF applications to end of 2021
The SEC punted on four bitcoin ETF applications today, shifting deadlines into late November and December.
Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto
When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”
Biden administration considering regulating stablecoin issuers as banks - WSJ
The administration is also expected to urge the Congress to consider a new legislation to create a special-purpose charter, the report said, which would be...
US to collaborate with 30 countries in stopping illicit cryptocurrency use - EconoTimes
The US will bring together 30 countries, including those from NATO allies and G7 partners, to stop the illicit use of cryptocurrency, according to President Joe Biden. The Biden administration has been intensifying its...
China Blocks CoinGecko, CoinMarketCap, and Other Similar Websites - BeInCrypto
China has blocked access to CoinGecko, CoinMarketCap, and TradingView via its internet firewall. This is the latest step in its crackdown on the crypto market. bans overseas sale of cryptocurrency mining gear
Alibaba Group Holding is banning the sale of cryptocurrency mining equipment on its global wholesale platform after the Chinese government intensified its crackdown on cryptocurrency-related activities.
Iran Lifts Bitcoin Mining Ban, Farms Get Back Online
The country has given licensed bitcoin miners the green light to come back online after a four-month ban.
Brazil aims to tighten penalties for crypto-related financial crimes
Brazil’s Chamber of Deputies approved a bill tightening penalties for financial crimes with crypto, increasing prison time from a maximum term of 10 years to 16 years and eight months.
BitOasis crypto exchange to help Dubai Police spread fraud awareness
This partnership will also see the active involvement of the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations.
Hong Kong exploring CBDC as part of fintech strategy
The official whitepaper release outlines the exploration of a CBDC from a technical and policy viewpoint, and is expected to conclude in mid-2022.


What the top hedge fund managers have to say about the crypto boom?
The cryptocurrency sector is booming like never before; the young space has many opportunities for investors. People are getting the idea and danger of holding fiat currency. A large portion of…
Janet Yellen, Bitcoin And Crypto Fearmongers Get Pushback From Former CIA Director
Bitcoin just received a strong vote of confidence from an unlikely source, a former acting director of the Central Intelligence Agency. In so doing, he put senior government officials who issue public warnings about bitcoin’s alleged use by criminals, such as Treasury Secretary Yellen, on notice.

Podcasts / Readings

Private distributed ledger technology or public blockchain?
Permissioned/private DLT and blockchain are different and their use depends on what you are trying to achieve.