Companies Investing In Blockchain, Celsius Owes $4.7B, NFT Liquidations, +more

Do you think in 5 or 10 years from now, if all the companies Sam Bankman-Fried is gaining interest in flourish. Will regulators then complain that he has built a monopoly?

The Merge is upon us and there is as much news as ever in crypto and web3.

Week 33, Year 2022, Episode 23.

News Mentioned In Episode

• Alphabet, Samsung among 40 Big Companies Investing in Blockchain, Study Finds‍
• Celsius Gets Court Blessing to Sell Mined Bitcoin
• Celsius Network owes its customers $4.7B after declaring bankruptcy. Individuals are pleading their case to get their savings back
  
• Meme Stocks Are Back — and They’ve Brought Dogecoin and Shiba Inu
  
• Coinbase Preps for the Merge, Warns Users of Interruptions
  
• Coinbase CEO: We'd Shut Down Ethereum Staking If Threatened by Regulators
• JPMorgan Says That Coinbase Will Benefit From the Ethereum Merge
• US Fed Opens Pathway for Crypto Banks to Tap Central Banking System
• DOJ, IRS Target Tax-Evading Clients of Crypto Broker SFOX‍
• SEC Sues Dragonchain Over $16.5M ICO
• US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
• FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
• Ready or Not, Here Comes Web3: How the Internet’s Next Evolution Is Shaping Hollywood’s Future
• Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
• Dapper Labs Opens NFL Version of NBA Top Shot NFTs to the Public
• Crypto Ads Starring Matt Damon, Tom Brady Vanish From Television
  

More News From The Week

• Second Layoff Round at Crypto.com Worse than June Cuts: Sources‍
• Tornado DAO Grapples With Arrests as Discord, Governance Forum Go Dark
• THE BALLAD OF RAZZLEKHAN AND DUTCH, BITCOIN’S BONNIE AND CLYDE
• How a viral NFT project survived the crypto crash
• Did The US Government Just Declare War on Crypto?
• South Korea to Block KuCoin, Poloniex in Crackdown on Unregistered Crypto Exchanges
• Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
• Metaverse still not ready for virtual weddings and legal proceedings
• Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
• Monero Rolls Out Enhanced Privacy Features With Hard Fork
• Terra Founder Do Kwon Says He ‘Never’ Has Been in Touch With Korea Authorities
• Bitcoin Miner Stronghold Sells Mining Machines to Slash $67.4M in Debt
• Robinhood Slashes Offer To Buy Crypto Exchange Ziglu by 60%
• Tornado Cash Fallout: Can Ethereum Be Censored?
• Crypto Investment Firm CoinFund Launches $300M Web3 Fund
• Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
• Meta’s Metaverse Play Ridiculed Online
  

Timestamps

(00:00:00) Intro song

(00:00:22) Introduction

(00:00:40) Disclosures

(00:01:10) Media Headlines with Crypto

(00:02:16) Companies Are Investing In Blockchain

(00:02:57) Celsius Can Sell Mined Bitcoin 4.7 Billion Owed

(00:03:26) Meme Stocks and Alt Coins Are Back

(00:04:01) Ethereum Merge Updates and Points of View

(00:05:13) Fed Opens Pathway

(00:05:45) DOJ Targets Tax Evading Clients of SFOX

(00:06:09) SEC Sues Dragonchain in ICO

(00:06:34) Hollywood and web3 Adoption

(00:07:09) Tornado Darkness

(00:07:22) NFTs Risk Liquidation

(00:08:23) DapperLabs Opens NFLVersion

(00:08:43) Crypto Ads with Celebrities Disappear

(00:09:55) In Closing

‍

Fort Brox Affiliate Links

Tax Bit Tax Software:  👉 https://taxbit.com/ref?fp_ref=9xbvu

Descript: 👉  https://www.descript.com/?lmref=L9u6Yg

Mercury Business Banking: 👉 https://mercury.com/r/fort-brox

Webflow No-Code Websites: 👉 https://webflow.grsm.io/ii4ge2tqaee4

Credits

🎵 Original music by Good Soup Music

🔥 Host: Neil Alonzo

Produced by Vocal Visual and Wizard Cats

👉 Listen to all episodes at www.cryptopodcast.xyz

👉 Fort Brox Links

www.fortbrox.com
www.cryptopodcast.xyz
www.twitter.com/fortbrox
www.instagram.com/fortbrox
www.tiktok.com/@fortbrox

‍Disclosure. We are not financial advisors, wealth managers, CPAs, Lawyers, or Brokers. We are sharing our experiences and opinions to be of help to those who choose to listen or watch the podcast brought to you by Fort Brox.