Market Color YouTube

Market Color Podcast

Episode Summary

China’s central bank bans all crypto transactions, Bitcoin now accepted as tips on Twitter, Robinhood to test crypto wallets next month, & more.

  • China’s central bank has said all cryptocurrency-related transactions are illegal and must be banned.
  • Circle is partnering with financial data aggregator Plaid.
  • Twitter has officially rolled out its tips function worldwide, with a bitcoin integration provided via the Lightning network.
  • 1inch has deployed its Exchange Aggregator and Limit Order protocols to the Arbitrum layer 2 network.
  • eToro has launched a new portfolio offering exposure to DeFi through a portfoilio of 11 crypto assets.
  • Kava Labs has launched a $185 million Ignition Fund that will be used to support DeFi projects and onboard new projects.
  • eToro is delaying going public through a SPAC listing until the fourth quarter.
  • Dapper Labs (NBA TopShot NFT creator) has raises another $250m of was led by Coatue.
  • Crypto custodian Cobo Wallet raised $40 million in a Series B funding round led by DST Global, A&T Capital and IMO Ventures.
  • Argo Blockchain said it raised $112.5 million in a U.S. share sale.
  • Kentucky’s securities regulator ordered crypto lender Celsius Network to cease and desist from offering its interest paying accounts in the state.
  • Robinhood plans to begin testing cryptocurrency wallets next month, with an aimed rollout in early 2022.

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