LensLinks: Issue 182

Powell says Stablecoins are Form of Money, brought to you by Regiment LLC

Author

Len Pacek
June 27, 2023

Today in LensLinks:

  • SEC Approves First Leveraged Bitcoin Futures ETF

  • VMH teams up with Epic Games and Nike reveals Fortnite collab

  • Global regulators scrutinizing Binance, bitcoin breaks above $31,000 on rising institutional adoption

  • Apple Vision Pro, What it Means for the Metaverse

  • It’s Game On for Web3: How Gaming Will Onboard a Billion People

  • Unprecedented Move: FTX Creditors Harness Tokenized Claims for Mysterious DeFi Loans

  • Exploring Gasless Swaps: A Step Towards User-Friendly DeFi Experiences

  • A New Crypto Exchange Gives the SEC What It Wants

  • And Much, Much, More…

#regimentco #sec #applevisionpro #FTX

QUOTABLE

❝

“We do see payment stablecoins as a form of money, […] and we believe that it would be appropriate to have quite a robust federal role in what happens in stablecoin going forward. Allowing a lot of private money creation at the state level would be a mistake.”

- Jerome Powell

NOTABLE

Roy King on LinkedIn: SEC Approves First Leveraged Bitcoin Futures ETF - Decrypt

SEC Approves First Leveraged Bitcoin Futures ETF. The U.S. Securities and Exchange Commission (SEC) reportedly approved Volatility Shares 2x Bitcoin Strategy…

www.linkedin.com/posts/roy-king-28124413_sec-approves-first-leveraged-bitcoin-futures-activity-7078376129211813888-1KRb?utm_source=share&utm_medium=member_ios

Metaverse & Gaming

LVMH teams up with Epic Games and Nike reveals Fortnite collab: Web3 drops of the week | Jing Daily

The roundup and the verdict on this week’s hottest Web3 activations, taken from our Jing Meta weekly newsletter.

jingdaily.com/lvmh-epic-games-nike-fortnite-collab-web3-drops-of-the-week

Blockchain, Tokens & DeFi

Maha Al-Saadi on LinkedIn: #fed | 45 comments

💥What just happened? 💥 US Federal Reserve Board (#FED) Chairman Jerome Powell Shifts Tone on Crypto with a Bold New Stance … | 45 comments on LinkedIn

www.linkedin.com/feed/update/urn:li:activity:7077340460041527297?utm_source=share&utm_medium=member_ios

Crypto Trading

Global regulators scrutinizing Binance, bitcoin breaks above $31,000 on rising institutional adoption| Weekly recap

Binance faces further global regulatory challenges, an uptick in institutional adoption triggers a renewal of investor interest as bitcoin break above $31,000

crypto.news/global-regulators-scrutinizing-binance-bitcoin-breaks-above-31000-on-rising-institutional-adoption-weekly-recap

Metaverse & Gaming - a little more…

Apple Vision Pro, What it Means for the Metaverse - NFT Plazas

We take a look at what the Apple Vision Pro could mean for the future of the Metaverse. Click here to find out what we discovered!

nftplazas.com/apple-vision-pro-headset-metaverse

It’s Game On for Web3: How Gaming Will Onboard a Billion People

As we look to onboard new users into Web3, experts argue that gaming is the ideal vehicle for adoption “because there are so many gamers in the world who are already used to trading digital items and buying digital things.”

www.coindesk.com/web3/2023/06/22/its-game-on-for-web3-how-gaming-will-onboard-a-billion-people

Blockchain, Tokens & DeFi - a little more…

Unprecedented Move: FTX Creditors Harness Tokenized Claims for Mysterious DeFi Loans – Cryptopolitan

In a groundbreaking development within the decentralized finance (DeFi) sector, a creditor of the now-bankrupted crypto exchange FTX has utilized a tokenized claim as collateral for a loan. The transaction, facilitated by the DeFi protocol Arcade, marks the first on-chain loan backed by an FTX claim. This innovative approach to collateralization highlights the growing trend ... Read more

Exploring Gasless Swaps: A Step Towards User-Friendly DeFi Experiences

The world of decentralized finance (DeFi) has revolutionized the financial landscape, offering individuals greater control over their assets and empowering them with financial sovereignty. However, traditional DeFi platforms often suffer

eastendtastemagazine.com/exploring-gasless-swaps-a-step-towards-user-friendly-defi-experiences

DeFi Market Size to Reach USD 446.43 Billion, With a CAGR of 46.80% by 2032 - Report by Market Research Future (MRFR)

Growing AI Integrations to Drive the DeFi MarketOsaka, Sapporo, Tokyo, June 23, 2023 (GLOBE NEWSWIRE) -- According to the research report published by Market Research Future (MRFR), “DeFi Market Information Deployment Mode, By Component, By Application and By Region – Market Forecast Till 2032”. The DeFi Market could thrive at a rate of 46.80% between 2023 and 2032. The market size will be reaching around USD 446.43 Billion by the end of the year 2032. Decentralized Finance (DeFi) is a competiti

finance.yahoo.com/news/defi-market-size-reach-usd-003000916.html

Crypto Trading - a little more…

A New Crypto Exchange Gives the SEC What It Wants

DX Markets, backed by Wall Street firms including Charles Schwab and Citadel Securities, said Tuesday it had begun processing trades.

www.barrons.com/articles/edx-coinbase-crypto-exchange-binance-60662e8c

Crypto traders are betting on Asia as a haven after US crackdown

Due to the regulatory uncertainty in the US, Bitcoin trading is increasingly shifting to Singapore, Japan and South Korea, and Hong Kong, which just introduced a new regulatory framework for cryptocurrency exchanges, despite crypto trading remaining banned in China and high taxes in India. Institutional investors perceive the regulatory environment in Asia as less risky, and the countries' vast population represents a huge opportunity for the crypto market. Despite Europe's strides in crypto regulation, the EU-wide Markets in Cryptoassets regime will only take effect in 2024.

economictimes.indiatimes.com/markets/cryptocurrency/crypto-traders-are-betting-on-asia-as-a-haven-after-us-crackdown/articleshow/101207690.cms

Robinhood Acquires Credit Card Startup X1, Will Its Crypto Trading Volume Be Improved? | Bitcoinist.com

Robinhood, a well-known cryptocurrency and stock trading website, plans to expand its products significantly. It intends to acquire X1, a credit card company.

bitcoinist.com/robinhood-acquires-credit-card-startup-x1-will-its-crypto-trading-volume-be-improved

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

Zoomerang: Short-Form AI Video Platform Is A Creative Innovation

This article introduces Zoomerang a short form AI video platform that is democratizing video producwww.cryptopolitan.com/ftx-creditors-harness-tokenized-defi-loanstion for the masses, and creating a market place with Smart AI methods.

www.forbes.com/sites/cindygordon/2023/06/25/zoomerang-short-form-ai-video-platform-is-a-creative-innovation/?sh=3be0d3011a23

ESG (Environmental, Social & Governance)

He lost $340,000 to a crypto scam. Such cases are on the rise

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

www.npr.org/2023/06/25/1180256165/crypto-scam-senior-victims-spirebit

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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.