LensLinks: Issue 107

SEC Proposes Expansion of Investment Advisors Act, brought to you by Regiment LLC

Author

Len Pacek
March 06, 2023

Today in LensLinks:

  • SEC’s proposed expansion of Investment Advisers Act custody rule would impose new burdens on advisers and qualified custodians and impact crypto holders

  • We Need Privacy Laws for the Metaverse - PIA VPN

  • Has tokenization’s time finally come?

  • Bitcoin, ether slide on Friday as investors weigh potential fallout from Silvergate woes

  • Meta Chief Zuckerberg Faces Opposition From Democrat Senators Over Metaverse App Launch For Teenagers

  • Trezor and The Sandbox report fresh phishing scams

  • 101: Why Are Cross-Chain Bridges So Vulnerable To Hackers, And How Can We Fix Them?

  • Briefing: Coinbase Buys Crypto Asset Manager to Battle Trading Slump

  • THE SINGULARITY: AI can now literally see what's going inside our minds. (Japanese Research breakthrough)

  • And Much, Much, More…

QUOTABLE

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“The bearish turn could certainly be a delayed reaction to Silvergate’s ongoing issues. Many large exchanges and market makers partner with Silvergate for fast transactions between entities, and any halt inactivity could have an impact on global crypto liquidity.”

- Clara Medalie director of research at Kaiko

NOTABLE

SEC’s proposed expansion of Investment Advisers Act custody rule would impose new burdens on advisers and qualified custodians and impact crypto holders | DLA Piper

The proposed rule would impose significant new compliance burdens on advisers and qualified custodians.

www.dlapiper.com/insights/publications/2023/03/secs-proposed-expansion-of-investment-advisers-act?utm_source=bambu&utm_medium=social&utm_campaign=advocacy&blaid=4233965

Metaverse & Gaming

We Need Privacy Laws for the Metaverse - PIA VPN

Researchers found that you can be identified in the metaverse just by the motion of your hand.

www.privateinternetaccess.com/blog/metaverse-privacy

Blockchain, Tokens & DeFi

Has tokenization’s time finally come?

Tokenization is spreading fast. Regulated finance is finally embracing blockchain technology just as most cryptocurrencies stand revealed as overleveraged Ponzi schemes. The institutional herd is moving, but can the blockchains they are shifting onto bear the load?

www.euromoney.com/article/2bcpkul0e2eska168rh8h/capital-markets/has-tokenizations-time-finally-come2

Crypto Trading

Bitcoin, ether slide on Friday as investors weigh potential fallout from Silvergate woes

Investors were weighing the latest financial woes at Silvergate and what a potential bankruptcy at the crypto bank could mean for the broader crypto industry.

www.cnbc.com/2023/03/03/bitcoin-ether-slide-on-friday-as-investors-weigh-potential-fallout-from-silvergate-woes.html

Metaverse & Gaming - a little more…

Meta Chief Zuckerberg Faces Opposition From Democrat Senators Over Metaverse App Launch For Teenagers - Meta Platforms (NASDAQ:META)

Democratic senators Ed Markey (D., Mass.) and Richard Blumenthal (D., Conn.);Meta Platforms, In;(NASDAQ: META) CEO Mark Zuckerberg to halt the release of its Horizon Worlds;

www.benzinga.com/news/23/03/31188362/meta-chief-zuckerberg-faces-opposition-from-democrat-senators-over-metaverse-app-launch-for-teenager

Trezor and The Sandbox report fresh phishing scams — All you need to know to stay safe

Crypto scams are on the rise once again. In the most recent incidents, miscreants have turned to the popular hardware wallet, Trezor and the metaverse gaming platform, The Sandbox, to prey on their victims.

www.cnbctv18.com/cryptocurrency/trezor-and-the-sandbox-report-fresh-phishing-scams--all-you-need-to-know-to-stay-safe-16092271.htm

Blockchain, Tokens & DeFi - a little more…

How Web3 and DeFi Are Democratizing Wealth Management

Discover how Web3 and DeFi are changing wealth management by making it more accessible, transparent, and decentralized.

beincrypto.com/web3-defi-democratizing-wealth-management

Why Are Cross-Chain Bridges So Vulnerable To Hackers, And How Can We Fix Them?

Cross-chain bridges endured a torrid year in 2022, with more than $1.89 billion worth of users’ funds stolen via code vulnerabilities and other exploits.

www.newsbtc.com/news/company/why-are-cross-chain-bridges-so-vulnerable-to-hackers-and-how-can-we-fix-them

DeFi Protocol Yearn Finance's Token Rises 7% Despite Crypto Market Plunge

YFI is up 23% against its bitcoin trading pair over the past 48 hours.

www.coindesk.com/markets/2023/03/03/defi-protocol-yearn-finances-token-rises-7-despite-market-plunge

Crypto Trading - a little more…

Briefing: Coinbase Buys Crypto Asset Manager to Battle Trading Slump

Crypto exchange Coinbase said on Friday it has bought One River Digital Asset Management, a crypto asset manager for institutional investors. It’s Coinbase’s latest bid to build out more stable sources of revenue s as crypto trading has plunged.

www.theinformation.com/briefings/coinbase-buys-crypto-asset-manager-to-battle-trading-slump

Op-ed: How Hong Kong’s stricter crypto regulations aim to boost investor confidence

The following is a guest post from Anndy Lian.

cryptoslate.com/op-ed-how-hong-kongs-stricter-crypto-regulations-aim-to-boost-investor-confidence

Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not So Fast

The company behind the top decentralized exchange said Apple is standing in the way of the offering.

www.coindesk.com/business/2023/03/03/uniswap-wants-to-launch-crypto-wallet-app-but-apple-says-not-so-fast

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

Zain Kahn on LinkedIn: This is some next level s**t 🤯 A team of researchers from Japan claim to… | 21 comments

This is some next level s**t 🤯 A team of researchers from Japan claim to have recreated images shown to subjects using MRI scans and Stable Diffusion (an AI… | 21 comments on LinkedIn

www.linkedin.com/posts/zainkahn_this-is-some-next-level-st-a-team-of-activity-7037390778083475457-12El?utm_source=share&utm_medium=member_desktop

ESG (Environmental, Social & Governance)

The Web3 gender gap, by the numbers

From founding teams to investors, women are underrepresented in Web3 companies across the globe. Is there anything that can be done?

sifted.eu/articles/web3-gender-gap-brnd

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.