The Crypto Compass Issue #10

Thrilled to celebrate the 10th weekly newsletter issue with all of you. Brought to you by BitcoinWalletSG.

Hello Friends,

I am thrilled to celebrate the 10th weekly newsletter issue with all of you! It's a remarkable milestone that we have achieved together, and I want to express my deepest gratitude to each and every one of you for your unwavering support.

Over the past ten issues, we have explored a wide range of topics, from the latest cryptocurrency news and market trends to the growing influence of NFTs in the art world and beyond.

 I am deeply grateful for your continued support and feedback. Your comments, questions, and suggestions have been invaluable in shaping the direction of our newsletter, and I am excited to continue to learn and grow alongside you.

As we move forward, I am committed to delivering even more valuable insights and analysis on the ever-evolving world of digital assets. I can't wait to see where the next ten weeks and beyond will take us.

Thank you for your ongoing support, and here's to the next ten editions of "The Crypto Compass" newsletter!

Best, QH

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Notable News

Has Tokenization’s Moment Finally Come?

Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms.

https://www.coindesk.com/consensus-magazine/2023/03/03/has-tokenizations-moment-finally-come/

Shanghai + Capella = 'Shapella': How Ethereum Devs Now Refer to Upcoming Upgrade

Technically the Shanghai upgrade is only on the execution side of Ethereum. Capella is the simultaneous upgrade happening on the consensus side. Hence the merging of the two names to “Shapella.”

https://www.coindesk.com/tech/2023/03/02/shanghai-capella-shapella-how-ethereum-devs-now-refer-to-upcoming-upgrade/

Visa's Crypto Strategy Remains Intact Despite Crypto Winter

The U.S. payment giant denies a Reuters report it is looking to slow down partnerships with crypto companies.

https://www.coindesk.com/business/2023/02/28/visas-crypto-strategy-intact-despite-crypto-winter/

Paxos survey shows 75% of respondents 'confident' in the future of crypto

Paxos survey showed American crypto buyers remain confident or somewhat confident in the industry's future.

https://www.theblock.co/post/217721/paxos-survey-shows-75-of-respondents-confident-in-the-future-of-crypto

Regulation News

Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess

The central bank's chairman said the Fed is sticking to its warnings that banks should be “quite cautious” about getting involved in digital assets.

https://www.coindesk.com/policy/2023/03/07/federal-reserves-powell-we-dont-want-to-strangle-crypto-innovation-but-sector-is-a-mess/

Binance launches anti-scam campaign in collaboration with law enforcement agencies

Binance carried out an initial pilot phase of the program in Hong Kong in collaboration with the local police force.

https://cryptoslate.com/binance-launches-anti-scam-campaign-in-collaboration-with-law-enforcement-agencies/

Tech News

Polygon's technical lead explains what to expect from zkEVM

Polygon looks to be the first to deploy an Ethereum mainnet release for their zkEVM rollup set for Mar. 27.

https://cryptoslate.com/polygons-technical-lead-explains-what-to-expect-from-zkevm/

Base integrates Chainlink for secure off-chain price feeds

Base Testnet, a new Ethereum L2 developed by Coinbase, has integrated Chainlink to provide secure off-chain price feeds for developers.

https://www.theblock.co/post/216978/base-integrates-chainlink-for-secure-off-chain-price-feeds

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