InveniamAM

[InveniamAM @InveniamAM]

The new Responsible Financial Innovation Act will make stakers and miners responsible for paying income taxes only when their digital assets are sold. If the bill passes, the US could solidify its position as the hub for both global miners and stakers. https://t.co/CkJw5VFWIE

[InveniamAM @InveniamAM]

Ethereum devs can now test their dApps on Cardano with the integration of Ethereum Virtual Machine on the platform's testnet. Cardano's implementation of EVM moves the protocol one step closer to being a viable scaling solution for the Ethereum mainnet. https://t.co/lvwRuYYEfN

[InveniamAM @InveniamAM]

3AC is the latest industry name to announce its struggling. Their blockchain data showed asset liquidations to cover debts. Insolvency will not be uncommon for many firms in the space, as the TMV of crypto has sunk to $863 billion in the past 7 months. https://t.co/QIL8Q0WWzO

[InveniamAM @InveniamAM]

Circle has announced the launch of its euro-backed stablecoin, dubbed the Euro Coin. Depsite the recent implosion of Terra's UST stablecoin, Circle remains steady and committed to launching regulatory compliant stablecoin products. https://t.co/2N7HVZWISU

[InveniamAM @InveniamAM]

NYDFS released regulatory guidelines for stablecoin issuers to follow. They will help with the implementation of consumer protection and institutional soundness. The steady emergence of regulatory frameworks will be key as the digital asset space matures.
https://t.co/6Jxqcpw6eF

[InveniamAM @InveniamAM]

Ropsten testnet was merged with the Beacon PoS consensus chain, and soon the Ethereum PoW chain will merge with the Beacon just the same. Having a PoS chain is critical in upholding the Ethereum network as a leader in scalability and sustainability.
https://t.co/Jf1Jk61Vyo

[InveniamAM @InveniamAM]

Felix Capital has raised $600 million to invest in 25 global blockchain and web3 companies. The firm now has $1.3 billion in AUM. Despite the downward pressure on the crypto market, VC firms are still heavily optimistic about blockchain and Web3 projects.
https://t.co/s0fXkVoGg8

[InveniamAM @InveniamAM]

The total market cap of all crypto assets dropped 10% to $960 billion. BTC and ETH were down 25% and 38% respectively. This market downturn has impacted not only direct holdings, but also companies like MicroStrategy with big bets on crypto.

https://t.co/jXbHHxAbUA

[Blockworks @Blockworks]

JUST IN: Long-awaited crypto bill has been released

Highlights 👇

[InveniamAM @InveniamAM]

US Court orders @BitMEX founders to pay $30M after judge rules that they were operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. Regulation in Web3 space continues to manifest itself through enforcement actions.
https://t.co/EbW8T53FQQ

[Chainlink @chainlink]

Real-world asset tokenization unlocks the full potential of assets that lack retail consumer access.

Watch this #Chainlink Tech Talk to explore how @InveniamIO & @cache_gold are using Chainlink Proof of Reserve to help secure tokenized gold products 📺⬇️
https://t.co/IwB20XZgQ6

[InveniamAM @InveniamAM]

@chainlink and tokenized real estate platform @LaProp_Team have partnered to provide token holders rental payouts using smart contract technology. Yet another example of how blockchain is diversifying investor involvement in private markets.
https://t.co/pE6CXUaA04

[InveniamAM @InveniamAM]

@followlgt, the world's largest family-owned private bank has partnered with @WeAreSEBA to leverage its regulated crypto platform and custody services. This announcement supports the trend of institutional investors showing interest in crypto exposure.
https://t.co/v5vLMKyf2h

[InveniamAM @InveniamAM]

Google announced the addition of a Web3 team to its cloud unit. The Web3 team will work to build services for blockchain developers and those running blockchain-based applications. We can see that Web2 is ramping up to compete with Web3 in a major way.

https://t.co/2pgjdWEtJ6

[Inveniam @InveniamIO]

“I get to solve problems. There are so many problems we can solve with blockchain and financial instruments that we’re all working on” - @yaeltamar, Cofounder/CEO @SolidBlockCo on what invigorates her in #blockchain.

W/ @JeannetteSpauld, Anna Dinescu, & Renuka Gupta

[Inveniam @InveniamIO]

Great conversation. Inveniam Asset Management, CEO, @JeanetteSpauld; LibertyRoad Capital, Founder, @AnnaDinescu; Oasis ProMarkets, Chief regulatory officer, Renuka Gupta; SolidBlock, Co-Founder, @Yaeltamar; & Amberdata, Account Executive, @LaurenRichmond2.https://t.co/sbCAMPiOFh