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Welcome back chain response.
This week I compose the bulletin from the consistently radiant and lovely city of Barcelona, Spain. I'm hanging around for Torrential slide Highest point II, facilitated by Ava Labs, maker of the layer 1 blockchain Torrential slide.
Up until this point, there have been a ton of conversations about blockchain games, decentralized money, and guideline.
Torrential slide likewise reported an organization with Alibaba Cloud, the computerized innovation and knowledge division of Alibaba Gathering, to distribute metaverses for online commercial center clients. The news was covered solely by TechCrunch — more on that underneath.
She directed two meetings named "Master Experiences on the Province of Digital money Markets" and "Stablecoins: The Web-based Installment Layer". the TL; DR The important point currently is that market players are bullish in the long haul and expect the digital money market cap to fill dramatically soon (we will see) and that the stablecoin business has a great deal of space to develop and the possibility to have an effect in the internet based installment space.
There's even more meetings to be finished, content to be distributed and board participation, so remain tuned for a greater amount of that here in the next few long stretches of time.
This week on web3
Alibaba Cloud joins forces with Avalanche to deploy metaverses on the blockchain
Alibaba Cloud has partnered with Layer 1 Avalanche to provide Alibaba customers with a launchpad, Cloudverse, that aims to help companies allocate, launch, and maintain their metaverse spaces on Avalanche’s blockchain. “You and I can create a metaverse right now. Within 15 minutes, the chain is over; within hours, the wallet is ready and the key is handed over,” said Emin Gün Sirer, founder and CEO of Ava Labs, adding that the technology has become “very easy.” All tools are open source.
As the United States cracks down on digital currencies, Hong Kong gives a warm welcome
To create an environment conducive to Web 3 companies, the city is facilitating networking between banks and crypto start-ups, many of which are scrambling to find alternatives after the collapse of Silvergate Bank. Tightening crypto regulations in the US could give Hong Kong a chance to step up and become the next crypto hub.
How Jack Dorsey’s Bitcoin Legal Defense Fund is fighting for the future of open source software
A wallet theft case brought by a man claiming to be bitcoin creator Satoshi Nakamoto could jeopardize the future of open source software development. That’s according to the Jack Dorsey-backed Bitcoin Legal Defense Fund, which is taking up a case to defend 11 Bitcoin developers named in a lawsuit brought by Craig Wright, an Australian computer scientist who came into the spotlight back in 2016 with a hotly contested claim of being a founding father. for Bitcoin.
Brett Harrison “never lost faith in the business” while he’s now closed at FTX (TC+)
It’s been nearly six months since the collapse of FTX, and a lot has happened since then, from executives being commissioned to industrial companies facing ripple effects from its demise. At Consensus 2023, Anthony Scaramucci, former White House director and founder and managing partner of stock-investment firm SkyBridge Capital, and Brett Harrison, founder and CEO of Architect and former president of FTX.US, share their experiences during the downfall of FTX and what life has been like since. now.
latest pod
for this week episodeAnd Jacqueline interview Jake Chervinsky, Chief Policy Officer of the Blockchain Association, a non-profit organization focused on promoting “pro-innovation” politics for the digital asset world. He is also a board member of the DeFi Education Fund and an advisor to the web3 Variant seed fund.
Prior to his work with the Blockchain Association, Chervinsky began his career as a lawyer in private practice with a focus on anti-money laundering and anti-corruption compliance and investigations, financial services litigation and government defense. He spends a lot of time in D.C., testifying at hearings to help provide clarity on the cryptocurrency industry in hopes of pointing it in the right direction.
We’ve delved into conversations about organizing all things, from Chervinsky’s view of the current regulatory landscape to whether or not we’re in an age of “repression,” as people call it.
We also discussed:
- Changing the minds of the regulators
- US crypto companies
- They are commodities or cryptocurrency securities
- Stable currency legislation
- Future legal frameworks and guidelines
participation in chain reaction on apple podcast, Spotify Or your favorite capsule platform to keep up with the latest episodes, and please leave us a comment if you like what you hear!
Follow the money
- Hardware crypto wallet provider Tangem AG has raised $8 million
- FARE Protocol raised $6.2 million in a seed round led by Goat Capital
- Entender Finance has raised $4 million to support the accounting and bookkeeping of the blockchain business
- Nolus has raised $2.5 million to build cross-chain DeFi leases
- OKX Ventures has invested an undisclosed amount in Cetus Protocol
This list was compiled with information from Messari as well as TechCrunch’s own reporting.
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