LensLinks: Issue 376

Robinhood crypto slapped with Wells Notice , brought to you by Regiment LLC

Author

Len Pacek
May 07, 2024

  • Robinhood crypto business slapped with SEC Wells Notice

  • Quantum computing breakthroughs draw investment back to sector

  • Ethereum founder Vitalik Buterin says ‘decentralize your security’ – Why?

  • $38 Million Worth of BlackRock's IBIT Scooped Up by Hong Kong-Based Asset Management Firm

  • Yuga Labs and Somnia Forge to Enhance Metaverse Interoperability

  • The quantum computing race is on 

  • MIT Uncovers Photomolecular Effect: Light Can Vaporize Water Without Heat

  • Quantum computing breakthroughs draw investment back to sector

  • Edward Snowden Issues Crucial Bitcoin Warning: 'Clock Is Ticking'

  • Bitcoin trader loses almost $70 million after sending crypto to wrong online account address

  • Vibrant Credit Union in Illinois explores a blockchain-based future

  • And Much, Much, More…

#regimentco #yugalabs #blackrock #bitcoin #quantum

QUOTABLE

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“After years of good faith attempts to work with the SEC for regulatory clarity including our well-known attempt to ‘come in and register,’ we are disappointed that the agency has decided to issue a Wells Notice related to our U.S. crypto business.”

- Dan Gallagher, chief legal, compliance, and corporate affairs officer at Robinhood

NOTABLE

Robinhood crypto business slapped with SEC Wells Notice

The SEC has served a Wells Notice on trading platform Robinhood's crypto division sending stock price plunging.

cointelegraph.com/news/robinhood-crypto-business-sec-wells-notice

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

Quantum computing breakthroughs draw investment back to sector

Australia’s $620mn deal with US start-up signals new hope for building commercially viable quantum computer

www.ft.com/content/d0b486ab-ed6c-46f0-b7b6-66cc60780efe

Blockchain, Tokens & DeFi

Ethereum founder Vitalik Buterin says ‘decentralize your security’ – Why?

Vitalik Buterin claims that it’s way easier to

ambcrypto.com/ethereum-founder-vitalik-buterin-says-decentralize-your-security-why

Crypto Trading

$38 Million Worth of BlackRock's IBIT Scooped Up by Hong Kong-Based Asset Management Firm

BlackRock's head of digital assets previously said that he was expecting flood of institutional investment

u.today/38-million-worth-of-blackrocks-ibit-scooped-up-by-hong-kong-based-asset-management-firm

VR, AR, Spatial Computing, Metaverse & Gaming

Yuga Labs and Somnia Forge to Enhance Metaverse Interoperability

Yuga Labs and Somnia Forge collaborate to enhance NFT integration in the metaverse, offering new benefits and broader use.

nftplazas.com/yuga-labs-and-somnia

The Singularity - a little more…

The quantum computing race is on 

How long it will take and how much it will cost, however, is far from clear.  

thehill.com/opinion/technology/4642324-the-quantum-computing-race-is-on

MIT Uncovers Photomolecular Effect: Light Can Vaporize Water Without Heat

MIT researchers have uncovered that light can induce evaporation, not just heat, demonstrating this across various natural and synthetic water surfaces. This discovery could impact climate modeling and lead to innovations in solar energy and water purification technologies. It’s the most fundamen

scitechdaily.com/mit-uncovers-photomolecular-effect-light-can-vaporize-water-without-heat

Alphabet’s Intrinsic robotics unit details internally developed AI models - SiliconANGLE

Alphabet’s Intrinsic robotics unit details internally developed AI models - SiliconANGLE

siliconangle.com/2024/05/06/alphabets-intrinsic-robotics-unit-details-internally-developed-ai-models

Blockchain, Tokens & DeFi - a little more…

Edward Snowden Issues Crucial Bitcoin Warning: 'Clock Is Ticking'

Edward Snowden delivers final warning to highlight pressing need for Bitcoin developers to address privacy vulnerabilities before it is too late

u.today/edward-snowden-issues-crucial-bitcoin-warning-clock-is-ticking

90% of Ethereum, Tron, Solana Stablecoin Transactions Are ‘Inorgranic Activity’, Visa Says - Decrypt

Visa argues that onchain stablecoin transactions made by smart contracts or bots "don't resemble settlement in the traditional sense."

decrypt.co/229515/stablecoin-transactions-inorganic-bots-ethereum-tron-solana

Vibrant Credit Union in Illinois explores a blockchain-based future

The $1.1 billion-asset Vibrant is working with the San Francisco-based distributed ledger development firm Metallicus through its Metal Blockchain Banking Innovation Program to examine use cases.

www.americanbanker.com/creditunions/news/vibrant-credit-union-in-illinois-explores-a-blockchain-based-future

Crypto Trading - a little more…

Bitcoin trader loses almost $70 million after sending crypto to wrong online account address

A bitcoin trader lost nearly $70 million after criminals tricked them into sending crypto to a fake address that looked like their own.

www.businessinsider.com/bitcoin-trader-loses-millions-address-poisoning-scam-crypto-eth-finance-2024-5

5 Private Cryptocurrencies

These five private cryptocurrencies claim to offer enhanced security and protection of user identity.

www.investopedia.com/tech/five-most-private-cryptocurrencies

Survey Suggests that Crypto Trading Could Move to the Metaverse

A developer-focused study suggests that the Metaverse could ‘become the most popular place to manage cryptocurrency.’

ca.style.yahoo.com/finance/news/survey-suggests-crypto-trading-could-142750005.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFlQ5rTng-xDdNea6lJOZlYU1-zhY68EIsJwNNxvkPnARlx5vZ3dAKqBMfmCyEcq_6YjXRyC7PYwuUFpDYOPAaoclZqKtOXvvVlCNCYaH36BXJkWm06BIMytcXAi8ITXJcfO-Ho0WUxHrxlkKnYzOCgE_wWFNNuJBO3La2Pzjmqf

ESG (Environmental, Social & Governance)

ASIC Has Greenwashing "In Its Sights", Says Chair Joe Longo

Joe Longo said ASIC will take action when there's an "unreasonable lack of diligence" or "carelessness" by regulated entities that "should know better".

www.regulationasia.com/asic-has-greenwashing-in-its-sights-says-chair-joe-longo

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.