Lulo Invest Newsletter #43

Lulo Invest Newsletters
February 02, 2024

Welcome to our 43th Newsletter

Google ends five-year ban on crypto ads as Bitcoin ETF becomes visible

BlackRock and VanEck have started advertising campaigns for its spot Bitcoin ETFs on Google, as its previously announced ad policy update took place today.

crypto.news/google-ends-five-year-ban-on-crypto-ads-as-bitcoin-etf-ads-pop-up

Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion

The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local currencies.

www.coindesk.com/business/2024/01/30/web3-payments-firm-transak-joins-visa-direct-to-streamline-crypto-to-fiat-conversion

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

Retail investors can now invest without limits in digital tokens backed by real estate or infrastructure.

www.coindesk.com/policy/2024/01/30/thailands-sec-breaks-new-ground-in-2024-with-crypto-friendly-rules

DOJ and SEC unveil charges in $1.9 billion HyperFund cryptocurrency fraud

The HyperFund Ponzi scheme collapsed in 2022 after promising investors massive returns from crypto minining operations that didn't exist, the DOJ says.

www.cnbc.com/2024/01/29/doj-and-sec-unveil-charges-in-1point9-billion-cryptocurrency-fraud-scheme.html

Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance

The platform settled over $500 million in trades on Sunday, briefly becoming the biggest on-chain trading platform.

www.coindesk.com/tech/2024/01/29/solana-trading-aggregator-jupiter-sees-trading-volumes-jump-ahead-of-jup-issuance

Germany's DZ Bank to run crypto trading trial in 2024

DZ Bank, Germany's second-largest financial institution, plans to launch a cryptocurrency trading pilot.

crypto.news/germanys-dz-bank-to-run-crypto-trading-trial-in-2024

Former UK finance minister joins Coinbase crypto exchange as an advisor

Coinbase said Wednesday that George Osborne, who served as Britain's chancellor of the exchequer from 2010 to 2016, will join the company as a global advisor.

www.cnbc.com/2024/01/31/george-osborne-ex-uk-finance-minister-joins-coinbase-crypto-exchange.html

Bybit seeks crypto license in Hong Kong

Cryptocurrency exchange Bybit has applied for a Virtual Asset Service Provider (VASP) license in Hong Kong, as per regulatory filings

crypto.news/bybit-seeks-crypto-license-in-hong-kong

After closing $9 million round, Delegate Labs announces Clusters, a service to connect crypto wallets across chains

Clusters is a cross-chain, multi-wallet name service that allows users to manage digital assets in a unified place.

finance.yahoo.com/news/closing-9-million-round-delegate-140000539.html

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.

www.coindesk.com/policy/2024/01/31/ftx-expects-to-fully-repay-customers-but-wont-restart-defunct-crypto-exchange

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