Wednesday, August 24, 2022

Top 100 Public Companies Investing in Blockchain & Crypto Companies

It’s a tried-and-true joke, but the only constant in social media is that it’s not constant.


I taught at the FBI for four decades - how to think outside of the box and deal with social engineering.

Frank Abagnale



If someone is always to blame, if every time something goes wrong someone has to be punished, people quickly stop taking risks. Without risks, there can't be breakthroughs.


Fighting fake identities How the U.S. Federal Reserve’s synthetic identity fraud resources can help the financial sector


A 45-year-old stay-at-home mother who received welfare benefits failed in her attempts to "leech" the government of more than half a million dollars.

But Amanda Jane Burman's "staggering level of dishonesty" lasting more than a decade did enable her to obtain nearly $200,000, a Brisbane court has been told.

Qld mother-of-five jailed over $200k fraud


The Theory of Creativity - Wardle


The Purpose Of Learning, The Links To Creativity



myGov is getting a new look! #Smallbiz sole traders using myGov ATO online services to manage tax & super, learn what this means for you @ ato.gov.au/Newsroom/small



The Family That Mined the Pentagon’s Data for Profit

Wired: “…Over the years, FOIA has allowed journalists to break thousands of stories and has empowered activists and communities. But the law also opened pathways for another core American aspiration: free-market economics…”

Top 100 Public Companies Investing in Blockchain & Crypto Companies

Blockdata Research: “Recently, we analyzed the top 100 banks investing in blockchain/crypto (by assets under management, AUM) to understand the key use cases they’re backing and what new banks have entered the space over the last 10 months. We also revisited the blockchain investment activity of the top 100 public companies (by market capitalization) to understand what’s changed, which areas within blockchain are top of mind, and which new entrants are investing now. In this brief, using CB Insights funding data, we dig into the blockchain investments these top corporations made from September 2021 to mid-June 2022. Forty corporations invested in companies in the blockchain/crypto space during this time. Samsung is the most active, having invested in 13 companies. UOB came in next with 7 investments, followed by Citigroup with 6 investments, and Goldman Sachs with 5. 
In most cases, we cannot determine how much money these corporations have invested, as they participate in funding rounds with multiple or many other investors. As a proxy of this, we can look at the total funding amounts of the rounds they participated in. 
Based on this, the investors active in the biggest funding rounds are Alphabet ($1,506M in 4 rounds), Blackrock ($1,171M in 3 rounds), Morgan Stanley ($1,10M in 2 rounds), Samsung ($979M in 13 rounds), Goldman Sachs ( $698M in 5 rounds, BNY Mellon ($690M in 3 rounds), and PayPal ($650M in 4 rounds). The 40 companies invested approximately $6B into blockchain startups between September 2021 and June 2022. Because some rounds involve participation from multiple investors, it is unclear how much each company invested in a project…”

Bloomberg via Wealth Management: Americans have been warned for years of an impending retirement crisis. Yet the situation is getting worse. Even when everything was going right — inflation was nonexistent, interest rates were low and stocks were in an extended bull market — there was a multi-trillion dollar savings shortfall. 
Then came a pandemic, war in Europe, decades-high inflation, the fastest rate-hiking cycle since the early 1980s and fears of a recession. The resulting market turmoil erased some $3.4 trillion from 401(k)s and IRAs in the first half of 2022, according to Alicia Munnell, director of Boston College’s Center for Retirement Research.