Spencer Ventures Daily Newsletter Friday, March 21st

News & Current Events

• Markets Chop Heading Into The Weekend

  Stocks & crypto majors are mostly flat on the day as prices momentarily settle

• Coinbase Looks To Acquire Derivatives Exchange Deribit

  Coinbase is in talks to acquire Deribit as they look to expand with crypto options

• Strategy Increases Preferred Stock Offering To $722.5M

  Michael Saylor has increased Strategy’s offering in order to buy more Bitcoin

• SEC Crypto Task Force Holds First Roundtable Discussion

  The SEC Task Force joined industry leaders today to discuss crypto regulation

• Fidelity Solana Fund Gets Registered in Delaware

  A new entity has been filed in Delaware as many suspect an ETF to be coming

• Bitcoin ETFs See Fifth Straight Day of Net Inflows

  BTC ETFs recorded $165M of inflows yesterday to continue positive streak

• USAID Has Sights on Integrating Blockchain

  The U.S. Agency of International Development plans to “leverage blockchain”

• Tornado Cash Gets Removed From OFAC Sanctions List

  The U.S. Treasury has lifted sanctions on Tornado Cash contract addresses

• UAE To Invest $1.4T in U.S. Over Ten-Year Period

  The UAE will look to invest in AI infrastructure, semiconductors, energy, & more

• MetaPlanet Adds Eric Trump As Advisor To Company

  The Japanese company has appointed Eric Trump to help with Bitcoin adoption

• Australian Government Outlines Digital Asset Framework

  Australia plans to begin legislation in 2025 & will address debanking problems

• New OCC Ruling Allows Easier Banking Access For Crypto Companies

  The OCC has removed reputation-risk examinations after facing recent criticism

• Kaito Founder Buys & Locks $1.4M Worth of $KAITO

  Yu Hu has purchased 1M $KAITO & staked the tokens with self-imposed lock

• Tech-Giant LG Sunsets NFT Platform

  More platforms seem to shut down as current attention shifts away from NFTs

• Belarus Begins Constructions For Crypto Mining Farms

  Mogilev region in Belarus has now received approval to start mining crypto

• Former Federal Prosecutor Looks To Raise Two Crypto Funds For $1B

  Katie Haun is hoping to raise $1B across two new VC funds for Haun Ventures

• Memeland Introduces Risk-Free Trading Game in Discord

  Users can compete by guessing the direction of crypto prices in short intervals

Mints, Claims, Upcoming Events, & More

• MegaETH Opens Public Testnet With 20,000 TPS

  Upcoming Ethereum L2 launches public testnet with impressive quickness

• Backpack Exchange Reveals First Season of Points

  Season 1 of Backpack’s new campaign is live as exchange introduces points

• Pudgy Penguins CEO Clarifies Updates To Previous FRAME Airdrop

  Luca says don’t expect tokens if you’re not using Abstract or part of Pudgy

• Taproot Wizards Give Preparation Details For Upcoming Mint

  Wallets must be funded by March 24th as users can check their eligibility now

• Awaken Tax Offers Discount To Pudgy Penguins

  The discount applies to Pudgy Penguins, Lil Pudgys, & $PENGU holders

• Boost Season 1 Ending in Four Days

  Alphabot gives final reminder to users that Boost S1 is ending in coming days

• Azuki Opens Bucket Man Pre-Orders To NFT Holders

  NFT Holders have until March 30th to pre-order Azuki’s new IRL collectible

• MANTRA’s Latest Community Vote Passes

  26.9M $OM from sybil wallets will be used for future ecosystem development

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