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Latest from Sam Reynolds
First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline
The company, which was burned during the last major crypto bear market, did not mention mining in its last earnings report; bitcoin and ether drop.

Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs
“What happens in the Metaverse, does not stay in the Metaverse,” says Texas Securities Commissioner.

Luna Foundation Guard Adds $100M in BTC to UST Reserves
LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.

First Mover Asia: Recycling Bad Actors in Crypto; Bitcoin Holds Below $40K
As traders speculate on the possible economic impact of coronavirus-related lockdowns in China, investors in the U.S. are betting on whether inflation might be nearing a peak.

NFT Marketplace Gem.xyz Ousts Developer Over 'Pattern of Sexual Misconduct'
Co-founder Lorens Huculak says developer "Neso" was dismissed after the team was made aware of the situation.

First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K
The CEO of the infamous Mt. Gox crypto exchange is re-entering the industry with a rating service. But is he in touch with the latest developments?; ether also falls.

Hong Kong’s OneDegree to Offer Insurance for Digital Assets With Munich Re
Clients will be able to get reinsurance for crypto.

Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase
Luna Foundation Guard bought $173 million worth of bitcoin over the weekend, but bitcoin is down 2%.

First Mover Asia: What’s in HSBC’s Metaverse Fund for Hong Kong, Singapore Private Banking Clients?; Bitcoin Declines
The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls.

First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks
Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed.
