This is the first installment of a weekly cryptocurrency and DeFi focused digest that summarizes the latest newsworthy events across investing, building, the state of the markets, and regulation.
NEWS:
Amazon building defi products?
Pure speculation, but a good find from a LinkedIn job posting
G7 will discuss crypto in ransom attacks
This is in response and related to the Colonial Pipeline hack
Good thread from @ChainLinkGod
World economic forum writing about DeFi
DeFi bringing opportunities to the unbanked
Ledger raises $380m in Series C on $1.5b valuation
Great product and I can’t emphasize enough how important it is to protect your crypto with a hardware wallet
Consumer Price Index (inflation) highest increase since 2008
Gigachad CEO of Microstrategy Michael Saylor buys $400m more Bitcoin, some of which was bought by the Federal Reserve:
REGULATORY:
CFC Commissioner says crypto derivatives may be illegal
Elizabeth Warren says crypto needs regulation
Basel discussing rules for covering Bitcoin and stablecoin losses