Weekly Roundup
NFT Sustained Value
It was reported that although cryptocurrencies are facing a bear market, these 100 NFT collections have mostlysustained their value.
17th Stock Exchange Approved, Blockchain Tech
The SEC approved the US’s 17th stock exchange, a subsidiary of Boston-based BOX Exchange, which will incorporate blockchain technology.
Market Volatility
It was projected that market volatility is likely to continue. HFT firms continued to provide liquidity in times of volatility, and it was noted that HFT algorithms have made trading cheaper for many.
Source Code
It was reported that the BotenaGo source code leak exposed more IoT devices, with researchers discovering the malware authors published its source code on GitHub, making it easily accessible to hackers.
Credit Ratings
The SEC issued its annual Staff Report on Nationally Recognized Statistical Rating Organizations (NRSROs), discussing the state of competition, transparency and conflicts of interest.
In the Mix: This Week’s Top FinTech Thought Leader
- Cathie Wood, CEO, ARK Invest, continued to invest in innovation in her ETF portfolios.
- Chris Brummer, Professor, Georgetown University, joined the board of directors of K2 Integrity.
- Sheila Warren, World Economic Forum, was appointed CEO of the Crypto Council for Innovation.
- Katie Haun, formerly a16z, spoke about her new venture, which is on track to be the biggest Web3 fund raised by a solo female VC.