Crypto Market Update, episode 14 with “Crypto Mark” from X528 (CBP 416, 11 December 2023)

This is the 14th episode of the Crypto Market update with Mark Magliocco, co-founder of X528 DAO and Allen Wazny, host of the Calgary Business Podcast and Partner/CFO of Purpose Driven Travel in Calgary.

All discussions in this episode are for informational purposes only and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services

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Yahoo Finance and Bitcoin trading charts.  As is customary, Mark opened the discussion by sharing his knowledge and understanding of reading the technical charts around the price of Bitcoin | https://finance.yahoo.com/chart/BTC-USD

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Crypto news articles discussed during this update:

Tether's new sanctions froze 161 wallets | The Block (10 December 2023) |  https://rb.gy/gcc1mb

Crypto Provisions Dropped From 2023 U.S. Defense Bill | Coindesk (8 December) | https://rb.gy/kykfcc

Chainlink Community Staking Pool Draws more than $620 million | Unchained Crypto (7 December) | https://rb.gy/h0q4hj

Reebok and Digital Wearables | Decrypt (7 December) | http://tiny.cc/dk8ivz

Ethereum Layer-2 Starknet Reveals STRK Token Airdrop | Decrypt (8 December) | http://tiny.cc/qk8ivz

PayPal (Stable Coin) and CoinBase (TikTok and Instagram transfers) were both mentioned by David Pakman, partner at CoinFund, during his appearance on the “Chain Reaction” podcast which aired on 7 December 2023 | https://rb.gy/4tlumq | 

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Crypto-related funding announcements

There were 2 companies highlighted in this episode, based upon the following funding announcements:

Sindri, a one-year-old Denver startup that helps developers build and deploy zero-knowledge applications, raised a $5 million seed round led by CoinFund. The Block: http://surl.li/ocizg [8 December 2023]

Shadow, a Paris startup that says it can help businesses develop crypto products faster and cheaper by creating “shadow forks,” or private testing grounds that mirror the blockchain, raised a $9 million seed round. Paradigm was the deal lead, with additional investors including Coinbase Ventures, Electric Capital, Ethereum Foundation, Uniswap, and Flashbots. The Block: http://surl.li/ocjvb [6 December 2023]

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Visit the X528 website to learn more: ​​https://www.x528.io/

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