💻Bloomberg Terminal Expands to 50 Crypto Assets - TWJ #163
Crypto data is still messy, but this is a step in the right direction.
In today’s issue:
The crypto market is slightly down with its total market cap sitting at $1.2-1.3 trillion. Internet Computer (ICP) is the worst performer in the top 100 in the past 7-d. US inflation hits 8.6% in May.
In other news, Bloomberg Terminal expands crypto coverage, SEC investigates UST blowup, and Anchorage spearheads crypto custody exchange network.
We’re continually improving our content, please reach out if you have ideas or want us to recap another market segment.
- Curated by Marco Manoppo (@manoppomarco)
📰Market News
⎆Bloomberg Terminal Expands Crypto Coverage
Bloomberg expands its crypto coverage on the Bloomberg Terminal to 50 crypto assets. Users of the terminal can now access intraday pricing for crypto, indices, and futures contracts in real-time. Crypto is here to stay.
"Our mission is to help the global institutional investor community to seamlessly incorporate digital assets into their workflows in a trusted and familiar way, on the Bloomberg Terminal," says Alex Wenham, product manager for cryptocurrencies at Bloomberg. "As this market develops, we will continue to evolve our data-driven offerings to help our clients define and develop their strategies in this space."
⎆SEC Investigates UST Blowup
The SEC has won a court order to investigate Terraform Labs. The agency previously ordered a subpoena over Terraform Labs over Mirror Protocol, which enables the trading of synthetic US equities. However, this decision from the court might also mean that the SEC will look at the UST de-pegging event.
In its response to the decision, the SEC noted that the court had found Terraform's "'purposeful and extensive U.S. contacts' such as promoting to US investors, employing US-based personnel, and contracting with US-based entities"
⎆Anchorage Spearheads Crypto Custody Exchange Network
Crypto custodian firm Anchorage launched an initiative together with global crypto exchanges in order to make the crypto markets more efficient for investors. The crypto custody exchange network enables exchanges, liquidity providers, and custodians, to build a more seamless and efficient market. Initial members include BinanceUS, CoinList, Blockchain.com, Strix Leviathan, and Wintermute.
👨🏻💻Decentralized Finance (DeFi)
Chainlink Keepers and Chainlink VRF Go Live on Avalanche
1inch integrates with Opium
Aura Finance is Live
Aztec Connect Postponed
HOP Airdrop is Live
Osmosis Received $2M Back From Exploit
Wintermute to Launch DEX on Ethereum
Hop Protocol Airdrops Over 20M Governance Tokens
🏛Governance - Active Proposals
Compound - Risk Parameter Updates for 5 Collateral Assets
ENS - [EP13] [Executable] Fund the Protocol Guild pilot with 200,000 $ENS
Tribe NopeDAO - Veto for FIP 111: Reinforce PCV via ETH LBP and tighter spread
Tribe NopeDAO - Veto for Tribe Incentives discontinuation
🦮NFT & Metaverse
Mattel inks Multi-year Deal with Cryptoys NFT Marketplace
Anonymous Hacker Served with Restraining Order via NFT
‘Stranger Things’ Netflix NFTs Face Fan Backlash
NYC Gallery Lets NFT Owners Remotely Display Their Art
Mastercard to Allow 2.9B Cardholders to Make Direct NFT Purchases
Top Sales (Last 24-h); Source: https://dappradar.com/nft
📈Deal Flow & Capital Raise
Ancient8 - $6M Unknown Round
SuperTeam - $10M Unknown Round
PartyDAO - $16.4M Unknown Round
Shill.me - $1.2M Pre-seed Round
Bee - $2.5M Seed Round
Geode Finance - $3M Seed Round
Request Finance - $5.5M Seed Round
Tatsumeeko - $7.5M Seed Round
Floor - $8M Series A
Orderly Network - $20M Series A
Zipmex - Undisclosed $ Strategic Investment from Coinbase
⚖️Regulatory Update
Grayscale, Bitwise Confident a Spot Bitcoin ETF Will Be Approved
Jamaica Pioneers CBDC As Legal Tender
Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’
Terraform Labs Loses US Appeal Over SEC Subpoena
Yellen Doubts Crypto’s Place in 401(K), Says Congress Could Regulate
📚Noteworthy Reads
0xHamZ’s Read on On Liquidity Holes & Retail Liquidation
Aylo’s Thread on Mistakes from Past Bull Run
Jason Windawi’s Read on The Diffusion of Blockchain
Feel free to reach out to manoppomarco@gmail.com — feedbacks and constructive criticisms are much appreciated.