LensLinks: Issue 184

Coinbase shares up 35% since the SEC suit, brought to you by Regiment LLC

Author

Len Pacek
June 29, 2023

Today in LensLinks:

  • Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities

  • Metaverses are flopping hard, says Gartner

  • Bitcoin miners send record $128M in revenue to exchanges

  • Broker Prometheum Says It Has Blueprint For Bringing Crypto Trading Into Regulated Market

  • Meta gets meta on the metaverse

  • When Will The Future Immersive Internet Arrive?

  • Shanghai Predicts $6.9B Surge From Metaverse Revenues By 2025

  • Israeli authorities seize crypto from terror organizations, credit new technology

  • Crypto’s Insider Problem: 56% of ERC-20 Token Listings Since 2021 Show Signs of Insider Trading

  • Bitpanda’s crypto exchange separates from Bitpanda and secures $33 million

  • CFTC issues $54M default judgment against trader in crypto fraud scheme

  • Singularity: BlackRock joins AI mania, calling it a potential 'mega force'

  • And Much, Much, More…

#regimentco #coinbase #bitcoinmining #blackrock

QUOTABLE

❝

“I don’t fear artificial intelligence, I fear natural stupidity. Any intelligence in this world is artificial. When I look at the people coming into the art scene and how they are in spite of all the things that are hardships and all the things weighing against it, they love art, and that’s what makes my spirit sing.”

- Director Guillermo del Toro

NOTABLE

Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities

The stock’s rebound has mirrored Bitcoin’s recent gains.

fortune.com/crypto/2023/06/28/coinbase-stock-35-percent-up-sec-lawsuit-june-bitcoin-soaring-blackrock-etf

Metaverse & Gaming

Metaverses are flopping hard, says Gartner

Clunky, costly, literally sickening data silos just aren't better than the real world

www.theregister.com/2023/06/28/metaverse_adoption_slow_gartner

Blockchain, Tokens & DeFi

Bitcoin miners send record $128M in revenue to exchanges

Bitcoin miners have sent a record 315% of their daily revenue to exchanges but the market is yet to respond with any serious price action.

cointelegraph.com/news/bitcoin-miners-send-record-inflows-to-exchanges

Crypto Trading

Broker Prometheum Says It Has Blueprint For Bringing Crypto Trading Into Regulated Market | Crowdfund Insider

A relatively small brokerage company claims that it has a blueprint in order to bring crypto trading into the larger regulated market.

www.crowdfundinsider.com/2023/06/209397-broker-prometheum-says-it-has-blueprint-for-bringing-crypto-trading-into-regulated-market

Metaverse & Gaming - a little more…

Meta gets meta on the metaverse

How “meta” can you get when it comes to mapping out the metaverse?

www.politico.com/newsletters/digital-future-daily/2023/06/28/meta-gets-meta-on-the-metaverse-00104060

When Will The Future Immersive Internet Arrive?

The evolution of a more advanced, immersive internet will likely benefit all aspects of society — but when will the transition to this new digital world happen?

www.forbes.com/sites/bernardmarr/2023/06/28/when-will-the-future-immersive-internet-arrive/?sh=258c21ef57a7

Shanghai Predicts $6.9B Surge From Metaverse Revenues By 2025 - EGamers.io - P2E NFT Games Portal

Shanghai, the financial powerhouse of China, recently disclosed ambitious plans to generate approximately $6.9 billion in metaverse-related revenues in the

egamers.io/shanghai-predicts-6-9b-surge-from-metaverse-revenues-by-2025

Blockchain, Tokens & DeFi - a little more…

Israeli authorities seize crypto from terror organizations, credit new technology

The Israeli Defense Ministry has reported seizing cryptocurrency from Hezbollah and the Iranian Quds Force in its latest move against the use of cryptocurrency to fund terror.

cointelegraph.com/news/israeli-authorities-seize-crypto-from-terror-organizations-credit-new-technology

Crypto’s Insider Problem: 56% of ERC-20 Token Listings Since 2021 Show Signs of Insider Trading

A Solidus Labs study, examining tokens listed on major crypto platforms, also shows how serial insider traders have systematically taken advantage of token listings and announcements NEW YORK–(BUSINESS WIRE)–#blockchain–In a new study, Solidus Labs, a category-definer for crypto and DeFi-native market surveillance and risk monitoring, has found that insider trading in crypto is far more […]

www.portada-online.com/businesswire/cryptos-insider-problem-56-of-erc-20-token-listings-since-2021-show-signs-of-insider-trading

Unraveling The Blockchain Powerhouses: Solana, Ethereum, And The Enigmatic Caged Beasts - Coin Rivet

How much do you know about the best blockchain technology, where innovation, decentralized finance, and captivating opportunities intertwine?

coinrivet.com/unraveling-the-blockchain-powerhouses-solana-ethereum-and-the-enigmatic-caged-beasts

Crypto Trading - a little more…

Bitpanda’s crypto exchange separates from Bitpanda and secures $33 million

Fintech startup Bitpanda is splitting into two companies as Bitpanda Pro — the company’s cryptocurrency exchange — is going to become its own independent company called One Trading.

techcrunch.com/2023/06/28/bitpandas-crypto-exchange-separates-from-bitpanda-and-secures-33-million

Crypto Custody Firm Ledger Introduces Institutional-Grade Trading Network

The network has a range of partner firms, including Crypto.com, Bitstamp, Huobi, Wintermute and Komainu.

www.coindesk.com/business/2023/06/28/crypto-custody-firm-ledger-introduces-institutional-grade-trading-network

CFTC issues $54M default judgment against trader in crypto fraud scheme

Judge orders Michael Ackerman to pay more than $50 million in fraudulent digital asset trading scheme.

cointelegraph.com/news/cftc-issues-54m-default-judgment-against-trader-in-crypto-fraud-scheme

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

BlackRock joins AI mania, calling it a potential 'mega force'

BlackRock is bullish on artificial intelligence following a blistering AI-powered rally and its promise of enhanced productivity.

www.pionline.com/money-management/blackrock-joins-ai-mania-calling-it-potential-mega-force

Guillermo del Toro isn't afraid of AI, but fears "natural stupidity"

The director expressed his admiration for "people who are fearless" rather than being afraid of AI.

consequence.net/2023/06/guillermo-del-toro-ai-natural-stupidity

ESG (Environmental, Social & Governance)

Diligent, Clarity AI to Launch ESG Module

Diligent announced its partnership with Clarity AI to launch an ESG Module for climate data analysis, which is accessible on Insightia One.

www.environmentalleader.com/2023/06/diligent-partners-with-clarity-ai-to-launch-esg-module

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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.