The Crypto Compass Issue #1

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Author

BitcoinWallet SG
December 20, 2022

Tweets

Notable News

ConsenSys Teams with PayPal for A New Way To Buy Crypto in MetaMask | ConsenSys

PayPal will seamlessly integrate within the MetaMask wallet, providing customers with a simple and convenient way to buy Ethereum with PayPal

https://consensys.net/blog/press-release/consensys-teams-with-paypal-for-a-new-way-to-buy-crypto-in-metamask/

Grayscale may offer to buyback GBTC if ETF conversion fails – WSJ

Grayscale CEO Michael Sonnenshein said the firm could make a tender offer, which implies, appealing to GBTC shareholders to sell their shares at a specific price over a period of time.

https://cryptoslate.com/grayscale-may-offer-to-buyback-gbtc-if-etf-conversion-fails-ceo-says/

Binance.US Agrees to Buy Voyager's Assets for $1.02B

The agreement comes after CoinDesk had reported last month that Binance was preparing a bid for Voyager's assets.

https://www.coindesk.com/business/2022/12/19/binanceus-agrees-to-buy-bankrupt-crypto-lender-voyagers-assets-for-over-1b/

New York financial regulator issues cryptocurrency guidance for banks

The New York State Department of Financial Services (NYDFS) on Thursday issued digital asset guidance to state-regulated banks laying out what information financial institutions must submit before getting approval to engage in virtual currency-related activities.

https://www.reuters.com/markets/new-york-financial-regulator-issues-cryptocurrency-guidance-banks-2022-12-15/

Tech News

A few of the things we’re excited about in crypto

a16z crypto is a venture capital fund that invests in crypto and web3 startups. We back bold entrepreneurs building the next generation of the internet (what many call web3), which unlocks a new wave of creativity and entrepreneurship.

https://a16zcrypto.com/big-ideas-2023/

What Is a Multisig Wallet?

Multisignature wallets require more than one private key and adds a layer of security to cryptocurrency asset storage.

https://www.coindesk.com/learn/what-is-a-multisig-wallet/

Podcasts