Nexo released it's 56th Dispatch last week along with several relatively big developments before and since.
The Big Idea: Powell and Gensler Say “No Crypto Ban”
The "Big Idea" of the dispatch concerned the recent comments of SEC Chair Gary Gensler & Federal Reserve Chairman Jerome Powell on the possibility of banning crypto. They were both adamant that the US would follow in China's footsteps and ban crypto. They also suggested regulating stablecoins like money market accounts.
Crypto Billionaires
7 of the 400 richest people in America are now crypto billionaires, "up from just one last year. The list includes FTX’s Sam Bankman-Fried ($22.5B), Coinbase’s Brian Armstrong ($11.5B) and Fred Ehrsam ($3.5B), Ripple’s Chris Larsen ($6B), Gemini’s Cameron and Tyler Winklevoss ($4.3B), and Ripple and Stellar co-founder Jed McCaleb ($3B)."
Solana Integration
Nexo added Solana to it's full-suite of services (avoiding the initial problems with ADA and DOT). This should lead to an influx of coins to the platform. (Wish I had some Solana to deposit...)
Institutional Adoption
Bank of America has launched "digital assets research coverage," three months after forming a crypto group, calling the crypto industry "too large to ignore."
Pandora Papers
15x the crypto market cap is held in off-shore tax havens! :
'CoinDesk’s David Z Morris points out that despite the fact that 15 times the value of all cryptocurrencies are currently held in offshore tax havens, some still find it easier to “punch downward at an emerging technology than to challenge the legalized corruption of the legacy banking system.”'
ADA & DOT
This dispatch was immediately preceded and succeeded by significant announcements: Nexo finally enabled withdrawals and deposits for both Cardano and Polkadot!
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Referral Codes:
Crypto Exchanges and CEFI:
Celsius ($50 in BTC): https://celsiusnetwork.app.link/142928a808
Gemini ($10 in BTC):. https://gemini.com/share/dy4wm5ahl
Nexo ($10 in BTC): https://nexo.io/ref/buu2fi46dt?src=android-link
Hodlnaut ($20 in deposit currency): https://www.hodlnaut.com/join/Z3F-tHFWc
Kucoin: https://www.kucoin.com/ucenter/signup?rcode=rJPPMD3
Free Crypto:
Odysee (Free Crypto for Watching Youtube-like Videos): https://odysee.com/$/invite/@brothernumsee:8
Torum: https://www.torum.com/signup?referral_code=brothernumsee
Womplay (Free Crypto for Games): https://womplay.io?ref=TU94U42
Presearch (Free Crypto for Web Searches): https://presearch.org/signup?rid=2448640
Publish0x: https://www.publish0x.com?a=LDdwmRlXa1
Free Gift Cards (Incl. Amazon):
Bing Rewards: https://account.microsoft.com/rewards/rafwelcome?rh=39E446D7&ref=7510
Fetch Rewards: https://fetchrewards.onelink.me/vvv3/referraltext?code=NUGXK
Credit Card Offers:
Marriott Bonvoy Credit Card from Chase: https://www.referyourchasecard.com/252f/AX99XE9HK6
World of Hyatt Credit Card from Chase: https://www.referyourchasecard.com/205f/6QYS3BSNHZ
Chase Sapphire Preferred: https://www.referyourchasecard.com/6c/XEF70KK9LY
