<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*B7VvXc5y2TZ7WkEbMaBpfw.png" /></figure>Having recently closed our acquisition, please join me in welcoming Magic Carpet to Blockchain.com. The Magic Carpet team brings extensive machine learning and AI expertise to our growing Institutional business.Founded in 2017, the company was the brainchild of Jean David Wurtz, Guillaume Pernelle, Daniel Baeriswyl and George Marangos-Gilks, who aimed to use deep machine learning for financial portfolio optimization and ultimately outperform the market.Magic Carpet’s eight London-based quant traders and data scientists have developed a set of proprietary algorithms to trade crypto at scale. With extensive experience across deep and reinforcement learning, the team has excelled at optimising portfolio data for novel pattern discovery.Magic Carpet brings its algorithmic trading strategies to the institutional trading team, where the technology will be used for our internal principal trading book. The Magic Carpet team is already hard at work on the institutional side of the business working towards our mission of making crypto trading easier to use for people around the world.I’m incredibly proud of the team for the strategic M&amp;A activity to date. Back in 2013, we embarked on our first acquisition. Fast-forward to today, and we’ve acquired seven companies, welcomed over 125 highly talented colleagues, and bolstered our technology and capabilities. As we look toward 2022, we hope to bring more talented teams on board to accelerate the adoption of the financial system for the internet.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f8d0ca98bbbe" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/welcoming-magic-carpet-to-blockchain-com-f8d0ca98bbbe">Welcoming Magic Carpet to Blockchain.com</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Having recently closed our acquisition, please join me in welcoming Magic Carpet to Blockchain.com. The Magic Carpet team brings extensive machine learning and AI expertise to our growing Institutional business.
Founded in 2017, the company was the brainchild of Jean David Wurtz, Guillaume Pernelle, Daniel Baeriswyl and George Marangos-Gilks, who aimed to use deep machine learning for financial portfolio optimization and ultimately outperform the market.
Magic Carpet’s eight London-based quant traders and data scientists have developed a set of proprietary algorithms to trade crypto at scale. With extensive experience across deep and reinforcement learning, the team has excelled at optimising portfolio data for novel pattern discovery.
Magic Carpet brings its algorithmic trading strategies to the institutional trading team, where the technology will be used for our internal principal trading book. The Magic Carpet team is already hard at work on the institutional side of the business working towards our mission of making crypto trading easier to use for people around the world.
I’m incredibly proud of the team for the strategic M&A activity to date. Back in 2013, we embarked on our first acquisition. Fast-forward to today, and we’ve acquired seven companies, welcomed over 125 highly talented colleagues, and bolstered our technology and capabilities. As we look toward 2022, we hope to bring more talented teams on board to accelerate the adoption of the financial system for the internet.

Welcoming Magic Carpet to Blockchain.com was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcoming Magic Carpet to Blockchain.com

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*RdO7OClRAeDlI5PaeX0X8A.png" /></figure>You now can deposit, trade, and withdraw NEAR Protocol (NEAR) on the Blockchain.com Exchange.NEAR is a layer one blockchain built with speed, scalability, and interoperability in mind. It aims to eliminate many of the limitations seen in other layer one blockchains and is designed to be extremely developer and user friendly.These key features, along with an enormous <a href="https://near.org/blog/near-announces-800-million-in-funding-initiatives-to-support-ecosystem-growth/">$800 million ecosystem fund</a>, have seen NEAR become one of the most popular blockchains across DeFi, NFTs, GameFi, the Metaverse, and broader Web3.NEAR’s token is used for paying transaction fees on the network, running validator nodes via staking, and for governance voting.As of today, trading is available for NEAR-USD with more trading pairs to follow.Log in to the <a href="https://exchange.blockchain.com/trade">Blockchain.com Exchange</a> and start trading NEAR today.About NEAR Protocol (NEAR)NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput. Its block generation scheme is called <a href="https://near.org/blog/doomslug-comparison/">Doomslug</a> and its proposed sharding design is dubbed <a href="https://near.org/papers/nightshade/#nightshade">Nightshade</a>. These technologies will work together to scale the network and minimize congestion. NEAR has also been designed to be developer and user-friendly as it features a few key innovations to accelerate the application development and user-onboarding processes. The NEAR blockchain was created and developed by the NEAR Foundation. Its mainnet went live in April 2020, and network validators voted to unlock token transfers in October 2020. NEAR’s bridge to Ethereum (called the Rainbow Bridge) launched in March 2021. (<a href="https://messari.io/asset/near-protocol">Messari</a>)IMPORTANT NOTE:Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e6624ced949e" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/near-is-now-available-on-the-blockchain-com-exchange-e6624ced949e">NEAR is now available on the Blockchain.com Exchange</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

You now can deposit, trade, and withdraw NEAR Protocol (NEAR) on the Blockchain.com Exchange.
NEAR is a layer one blockchain built with speed, scalability, and interoperability in mind. It aims to eliminate many of the limitations seen in other layer one blockchains and is designed to be extremely developer and user friendly.
These key features, along with an enormous $800 million ecosystem fund, have seen NEAR become one of the most popular blockchains across DeFi, NFTs, GameFi, the Metaverse, and broader Web3.
NEAR’s token is used for paying transaction fees on the network, running validator nodes via staking, and for governance voting.
As of today, trading is available for NEAR-USD with more trading pairs to follow.
Log in to the Blockchain.com Exchange and start trading NEAR today.
About NEAR Protocol (NEAR)
NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput. Its block generation scheme is called Doomslug and its proposed sharding design is dubbed Nightshade. These technologies will work together to scale the network and minimize congestion. NEAR has also been designed to be developer and user-friendly as it features a few key innovations to accelerate the application development and user-onboarding processes. The NEAR blockchain was created and developed by the NEAR Foundation. Its mainnet went live in April 2020, and network validators voted to unlock token transfers in October 2020. NEAR’s bridge to Ethereum (called the Rainbow Bridge) launched in March 2021. (Messari)
IMPORTANT NOTE:
Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.
Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

NEAR is now available on the Blockchain.com Exchange was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

NEAR is now available on the Blockchain.com Exchange

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*YBcgpgRY4Ep4R5rx" /></figure>It’s time to reflect on a year marked by new all-time highs, the NFT explosion, and a profound appreciation for YOU–the people ushering in the new era of crypto.In the same way your favorite music player might “wrap” your personal tastes and listening trends into a tight summary, here’s your 2021 “wrapped up” Blockchain.com style.<h4>Your Private Key Wallet Wrapped Up</h4><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*PH6t2N2lzvM82yzf" /></figure>Just kidding.We can’t access your Blockchain.com Private Key Wallet.As always, holding your funds in your Blockchain.com Private Key Wallet offers you complete and total control over your crypto. Just as Satoshi intended.But how did the Wallet change in 2021?<h4>The Wallet Wrapped Up</h4>With millions of new users creating new accounts in 2021, we worked nonstop to make more assets available, including the addition of ERC-20 support.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*jjXlM6J-9cCDbpCx" /></figure>Since we made swapping cryptos inside your Wallet easier than ever before, we saw many popular pairs emerge. Notice any trends?<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*n7yOQsPgQrZoKM6z" /></figure>Whatever you were using your Blockchain.com Wallet for, it was certainly keeping the network busy.In 2021, on-chain Bitcoin volume from Blockchain.com topped $378 billion.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*FRyoHUknU27HoFyI" /></figure>Wow.<h4>The Exchange Wrapped Up</h4>The Exchange got its fair share of new asset listings from DESO to EFI to SUSHI and DOT. In all, you got access to 18 new assets in 2021.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*Y0jQUlnExYUzfv3H" /></figure>Interestingly, our top performing pairs on the Exchange differed from those seen in the Wallet.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*ybBEsOQkBC97GypH" /></figure><h4>Crypto Culture Wrapped</h4>Collins English Dictionary selected NFT as its Word Of The Year in 2021.Who’s shocked? Not you.You’ve sat through months of your friends and family asking the same questions: “So, what is an NFT? How does a JPEG actually have value? Can’t I just take a screenshot of one and ‘own’ it?”You’ve crafted your response and nailed the delivery.So, it’s not surprising that Collins Dictionary’s word of the year is NFT.Even popular music streaming services have incorporated it into their End of Year content. Weird…<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*50w6JxniJshvc9vV" /></figure><h4>A Look At Your Crypto Energy</h4>Yes, ladies and gentlemen, we’re talking auras: crypto auras.Your trading, HODLing, sending, earning habits tell a lot about you. Clearly we all have big crypto energy, but where do you fall within that? (Be honest!)<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*e47t1RytijZlAgSu" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*sPdTJrQNaMZfl6no" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*XTOzBEWJECpz9w7d" /></figure><h4>That’s A Wrap</h4>2021 was a year for the books.You took your crypto game to the next level, and we loved helping you along the way.Only time will tell what holds for 2022. We’ll see you again this time next year!<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=4598842c99d" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/blockchain-coms-2021-wrapped-up-4598842c99d">Blockchain.com’s 2021 Wrapped Up</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

It’s time to reflect on a year marked by new all-time highs, the NFT explosion, and a profound appreciation for YOU–the people ushering in the new era of crypto.
In the same way your favorite music player might “wrap” your personal tastes and listening trends into a tight summary, here’s your 2021 “wrapped up” Blockchain.com style.
Your Private Key Wallet Wrapped Up

Just kidding.
We can’t access your Blockchain.com Private Key Wallet.
As always, holding your funds in your Blockchain.com Private Key Wallet offers you complete and total control over your crypto. Just as Satoshi intended.
But how did the Wallet change in 2021?
The Wallet Wrapped Up
With millions of new users creating new accounts in 2021, we worked nonstop to make more assets available, including the addition of ERC-20 support.

Since we made swapping cryptos inside your Wallet easier than ever before, we saw many popular pairs emerge. Notice any trends?

Whatever you were using your Blockchain.com Wallet for, it was certainly keeping the network busy.
In 2021, on-chain Bitcoin volume from Blockchain.com topped $378 billion.

Wow.
The Exchange Wrapped Up
The Exchange got its fair share of new asset listings from DESO to EFI to SUSHI and DOT. In all, you got access to 18 new assets in 2021.

Interestingly, our top performing pairs on the Exchange differed from those seen in the Wallet.

Crypto Culture Wrapped
Collins English Dictionary selected NFT as its Word Of The Year in 2021.
Who’s shocked? Not you.
You’ve sat through months of your friends and family asking the same questions: “So, what is an NFT? How does a JPEG actually have value? Can’t I just take a screenshot of one and ‘own’ it?”
You’ve crafted your response and nailed the delivery.
So, it’s not surprising that Collins Dictionary’s word of the year is NFT.
Even popular music streaming services have incorporated it into their End of Year content. Weird…

A Look At Your Crypto Energy
Yes, ladies and gentlemen, we’re talking auras: crypto auras.
Your trading, HODLing, sending, earning habits tell a lot about you. Clearly we all have big crypto energy, but where do you fall within that? (Be honest!)

That’s A Wrap
2021 was a year for the books.
You took your crypto game to the next level, and we loved helping you along the way.
Only time will tell what holds for 2022. We’ll see you again this time next year!

Blockchain.com’s 2021 Wrapped Up was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Blockchain.com’s 2021 Wrapped Up

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*PBXNZ1BUvszZ8bvz_k6W9w.png" /></figure>With the price of bitcoin and other cryptocurrencies hitting all-time highs this year, it’s no surprise that more individuals are considering allocating a percentage of their wealth to cryptocurrency.While education and due diligence should precede any responsible investment, in a sector as new as crypto, they’re especially key.We spoke to three financial and wealth advisors about putting your best foot forward when it comes to investing in the future.<a href="https://afmgplanning.com/">Kevin Gaines, AFMG Planning</a>, on allocation percentage“I’m finding an increasing number of client questions about the subject, just trying to understand what the excitement is all about. Since this can be a lot to digest, we may have a few conversations before a client is ready to invest.”He advises investors to tread carefully when building an allocation:“Given the sector’s volatility, I advise limiting the investment to a maximum of 5% of total overall portfolio, and that’s for my most aggressive clients.<a href="https://mercerst.com/">Ryan Firth, Mercer Street</a>, on security and taxes“For those who manage the private keys to their crypto assets, this creates a need for planning around access and control of their keys, which is critically important.”Firth points out that controlling private keys, or self-custody, might not be familiar territory for investors who have previously only used custodial financial solutions.“New crypto investors’ questions are usually focused on how to get exposure to this asset class. They may or may not understand the tax implications of transacting in cryptocurrency, so I often educate them on tax planning strategies.”Since tax policies vary widely by state, country, and region, advisors generally recommend finding an accountant who specializes in crypto taxes.<a href="https://www.linkedin.com/in/luke-lloyd/">Luke Lloyd, Strategic Wealth Partners</a>, on having a diversified portfolio“With the current market cap of all cryptocurrency nearing $3 trillion and Bitcoin’s market cap alone valued at more than $1 trillion, crypto is impossible to ignore at this point.”Lloyd does not just recommend Bitcoin:“Institutional involvement has been increasing over the past year, which usually is a sign that they see a future within the new asset class. I think at this point, most people should have Bitcoin and Ethereum incorporated into their portfolio.”Looking to incorporate Bitcoin or Ethereum into your portfolio and need an easy way to make it happen?Sign up for a Blockchain.com <a href="https://www.blockchain.com/wallet">Wallet</a> to experience the easiest, most popular way to buy, sell, trade, and store crypto.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=69e25e84bd42" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/3-wealth-advisors-opinions-about-crypto-in-your-family-plan-69e25e84bd42">3 Wealth Advisors’ Opinions About Crypto In Your Family Plan</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

With the price of bitcoin and other cryptocurrencies hitting all-time highs this year, it’s no surprise that more individuals are considering allocating a percentage of their wealth to cryptocurrency.
While education and due diligence should precede any responsible investment, in a sector as new as crypto, they’re especially key.
We spoke to three financial and wealth advisors about putting your best foot forward when it comes to investing in the future.
Kevin Gaines, AFMG Planning, on allocation percentage
“I’m finding an increasing number of client questions about the subject, just trying to understand what the excitement is all about. Since this can be a lot to digest, we may have a few conversations before a client is ready to invest.”
He advises investors to tread carefully when building an allocation:
“Given the sector’s volatility, I advise limiting the investment to a maximum of 5% of total overall portfolio, and that’s for my most aggressive clients.
Ryan Firth, Mercer Street, on security and taxes
“For those who manage the private keys to their crypto assets, this creates a need for planning around access and control of their keys, which is critically important.”
Firth points out that controlling private keys, or self-custody, might not be familiar territory for investors who have previously only used custodial financial solutions.
“New crypto investors’ questions are usually focused on how to get exposure to this asset class. They may or may not understand the tax implications of transacting in cryptocurrency, so I often educate them on tax planning strategies.”
Since tax policies vary widely by state, country, and region, advisors generally recommend finding an accountant who specializes in crypto taxes.
Luke Lloyd, Strategic Wealth Partners, on having a diversified portfolio
“With the current market cap of all cryptocurrency nearing $3 trillion and Bitcoin’s market cap alone valued at more than $1 trillion, crypto is impossible to ignore at this point.”
Lloyd does not just recommend Bitcoin:
“Institutional involvement has been increasing over the past year, which usually is a sign that they see a future within the new asset class. I think at this point, most people should have Bitcoin and Ethereum incorporated into their portfolio.”
Looking to incorporate Bitcoin or Ethereum into your portfolio and need an easy way to make it happen?
Sign up for a Blockchain.com Wallet to experience the easiest, most popular way to buy, sell, trade, and store crypto.

3 Wealth Advisors’ Opinions About Crypto In Your Family Plan was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

3 Wealth Advisors’ Opinions About Crypto In Your Family Plan

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*KGKB15jhc7uZg9Mx" /></figure>Two years ago, Blockchain.com had just over 100 employees working from three offices in two countries. Today, we have almost 400 employees from every corner of the globe serving 37 million customers in over 200 countries.With that growth comes new challenges and opportunities for providing a best-in-class employee experience, which is why I’m delighted to officially welcome Maya Miller as our Chief People Officer, a long-time consultant to our company.Maya brings 20 years of expertise in human resources to our fast-growing team. With experience in startups and Fortune 500 companies alike, Maya has helped companies like LendingClub (NYSE: LC), Ripple, The PlumpJack Group, Wells Fargo Asset Management (NYSE: WFC) and Financial Engines (NASDAQ: FNGN) make the most of their People Operations.Prior to her role as VP of People Success for LendingClub, she was the founding HR executive for Ripple, where she led the creation of company values, built HR infrastructure, and grew and led the People and Talent teams. She also led the HR function at The PlumpJack Group and YuMe. With an MBA in Organizational Development, she’s a certified leadership coach — and outside the office — a talented yoga instructor.Her focus will be hiring top talent, enhancing employee benefits, strengthening workplace culture, and incorporating core business values into people systems. She’ll also help ensure a seamless integration for new employees into our remote-first culture, through onboarding and M&amp;A integration programs.Under Maya’s leadership, we’ll continue scaling our People function at a rapid pace and establish Blockchain.com as one of the world’s best places to work.P.S. In the spirit of growing our team, we’re hiring! Check out our open positions <a href="https://www.blockchain.com/careers">here</a>.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ccaed5cacb24" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/welcoming-maya-miller-as-blockchain-coms-chief-people-officer-ccaed5cacb24">Welcoming Maya Miller as Blockchain.com’s Chief People Officer</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Two years ago, Blockchain.com had just over 100 employees working from three offices in two countries. Today, we have almost 400 employees from every corner of the globe serving 37 million customers in over 200 countries.
With that growth comes new challenges and opportunities for providing a best-in-class employee experience, which is why I’m delighted to officially welcome Maya Miller as our Chief People Officer, a long-time consultant to our company.
Maya brings 20 years of expertise in human resources to our fast-growing team. With experience in startups and Fortune 500 companies alike, Maya has helped companies like LendingClub (NYSE: LC), Ripple, The PlumpJack Group, Wells Fargo Asset Management (NYSE: WFC) and Financial Engines (NASDAQ: FNGN) make the most of their People Operations.
Prior to her role as VP of People Success for LendingClub, she was the founding HR executive for Ripple, where she led the creation of company values, built HR infrastructure, and grew and led the People and Talent teams. She also led the HR function at The PlumpJack Group and YuMe. With an MBA in Organizational Development, she’s a certified leadership coach — and outside the office — a talented yoga instructor.
Her focus will be hiring top talent, enhancing employee benefits, strengthening workplace culture, and incorporating core business values into people systems. She’ll also help ensure a seamless integration for new employees into our remote-first culture, through onboarding and M&A integration programs.
Under Maya’s leadership, we’ll continue scaling our People function at a rapid pace and establish Blockchain.com as one of the world’s best places to work.
P.S. In the spirit of growing our team, we’re hiring! Check out our open positions here.

Welcoming Maya Miller as Blockchain.com’s Chief People Officer was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcoming Maya Miller as Blockchain.com’s Chief People Officer

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*cZH5EL9NCKu9Mxj3" /></figure><h4>December Market Outlook</h4>It is not going away.Last week Fed Chairman Jerome Powell requested that the central bank’s preferred descriptor for the worst price inflation in 40 years (“transitory”) be “retired” from use.Powell basically admitted that:a) he was wrong (not always an easy thing to do when you’re the world’s most powerful person)b) he now agreed with <a href="https://podcasts.apple.com/us/podcast/episode-29-niall-ferguson-on-the-covid-pandemic/id1536699961?i=1000525609095">his early critics</a> on this particular topic that inflation will be with us for the foreseeable futureNow, to be clear, heightened inflation (a debatable term) will likely one day “go away”, at least in the United States.The last period of outsized US inflation started in the 1960s and lasted until the early 1980s, so these episodes can last a decade or more even in the land of the almighty dollar. But they do typically subside.Powell’s capitulation reminded us of another thing that many of the powers that be have come to recognize is not going away.Bitcoin.For many years now we have expressed a view, backed-up by extensive <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2965436">empirical research</a>, that bitcoin/crypto/web 3 are <a href="https://newatlas.com/bitcoin-cryptocurrency-study-university-cambridge/49422/">not a passing fad</a>.And regulators in the jurisdiction that still matters the most — the United States — have been echoing this sentiment since at least <a href="https://docs.google.com/presentation/d/1B42NwMZJbv-HIKVznZ1FwXvJAGe_yEWeiRnaM_ZI2X4/edit#slide=id.g5981dec1e6_0_501">as far back as 2018</a>, long before Chairman Gensler and Powell did a few months ago.Now, there are still some holdouts that can be found <a href="https://cointelegraph.com/news/crypto-community-responds-to-charlie-munger-yelling-at-bitcoin-again">atop the greying financial system food chain</a> and in <a href="https://twitter.com/sjwrenlewis/status/1392759949193891849?s=20">the bowels</a> <a href="https://www.project-syndicate.org/commentary/digital-payments-without-cryptocurrencies-by-shang-jin-wei-2021-12">of academia</a>.But the smart money, innovators and most powerful regulators all generally recognize that crypto is also non-transitory.As one of our Blockchain.com teammates recently mentioned, it feels great to work in an industry that is at last widely recognized as a legitimate fixture on the innovation landscape. Not a bad note to end another historic year on.<h4>Summary:</h4><ol><li>Market Movements</li></ol><ul><li>For November cryptoasset markets diverged slightly with Bitcoin (BTC) down -7% and Ethereum (ETH) up 8%</li><li>On this month’s <a href="https://youtu.be/SandlLKWILY">monthly webinar</a> we discuss the current cryptoasset price action and 2022 outlook with Blockckchain.com Head of Markets <a href="https://twitter.com/CMcGarraugh">Charlie McGarraugh</a></li></ul>2. On-Chain Insights<ul><li>On a monthly basis, overall bitcoin on-chain activity continued increasing in the month of November</li><li>Bitcoin’s hash rate (network security) has rebounded to pre-China May crackdown levels</li></ul>3. What we’re reading, hearing, and watching<ul><li>Explore the latest on crypto and beyond from The New York Times, Bloomberg, Bitcoin Magazine, and more</li></ul>1. Market MovementsFor November cryptoasset markets diverged slightly with Bitcoin (BTC) down -7% and Ethereum (ETH) up 8% (Table 1).Table 1: Price Performance: Bitcoin, Ethereum, Gold, US Equities, USD, Long-dated US Treasuries<figure><img alt="" src="https://cdn-images-1.medium.com/max/718/1*qoM84pZSje72_Ry7KyOP0g.png" /></figure>2. On-Chain InsightsOn a monthly basis, overall bitcoin on-chain activity continued increasing in the month of November (Table 2).Table 2: November vs October bitcoin on-chain network activity<figure><img alt="" src="https://cdn-images-1.medium.com/max/1010/1*EKTqB-rXYZIz7N0pBccftw.png" /></figure>While the estimated hash rate has gained an impressive 8% this month, the average daily active addresses have remained fairly stagnant with a -0.04% drop. Notably, the average daily fees per transaction have dropped from $3.21 per transaction in October to $2.96 per transaction in November.3. What we’re reading, hearing, and watchingCrypto<ul><li><a href="https://podcasts.apple.com/us/podcast/all-in-with-chamath-jason-sacks-friedberg/id1502871393?i=1000541677029">All-in: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more</a></li><li><a href="https://podcasts.apple.com/us/podcast/beyond-the-valley/id1413255721?i=1000541616089">Beyond The Valley: How Ethereum is Different from Bitcoin</a></li><li><a href="https://bitcoinmagazine.com/culture/bitcoin-and-decentralized-identity">Bitcoin Magazine: Discussing The Future Of Decentralized Identity</a></li><li><a href="https://bitcoinmagazine.com/technical/forget-bears-bitcoin-duck-curve">Bitcoin Magazine: Forget Bears: Bitcoin Takes On The Duck Curve</a></li><li><a href="https://bitcoinmagazine.com/business/bitcoin-mining-drives-clean-energy">Bitcoin Magazine: How Large-Scale Bitcoin Mining Is Driving Clean Energy Innovation</a></li><li><a href="https://bitcoinmagazine.com/business/crucial-role-wild-horses-bitcoin-mining">Bitcoin Magazine: The Crucial Role Of Wild Horses In Bitcoin Mining</a></li><li><a href="https://archive.md/CLO0Z">Bloomberg: Be Careful With Volcano Bonds</a></li><li><a href="https://future.a16z.com/dao-canon/">Future: DAOs, A Canon</a></li><li><a href="https://hbr.org/2021/11/how-nfts-create-value">Harvard Business Review: How NFTs Create Value</a></li><li><a href="https://marginalrevolution.com/marginalrevolution/2021/11/bitcoin-and-electricity.html?utm_source=feedly&amp;utm_medium=rss&amp;utm_campaign=bitcoin-and-electricity">Marginal Revolution: Bitcoin and Electricity</a></li><li><a href="https://asia.nikkei.com/Opinion/Bitcoin-mining-is-an-easy-industry-to-decarbonize">Nikkei Asia: Bitcoin Mining is an Easy Industry to Decarbonize</a></li><li><a href="https://www.pewresearch.org/fact-tank/2021/11/11/16-of-americans-say-they-have-ever-invested-in-traded-or-used-cryptocurrency/">Pew Research Centre: 16% of Americans say they have ever invested in, traded or used cryptocurrency</a></li><li><a href="https://protos.com/tether-papers-crypto-stablecoin-usdt-investigation-analysis/">Proptos: Tether Papers, This is exactly who acquired 70% of all USDT ever issued</a></li><li><a href="https://www.protocol.com/nft-game-tax-scholarships">Protocol: NFT games are fun. Filing taxes afterward is a nightmare</a></li><li><a href="https://qz.com/2086270/why-people-are-skeptical-of-crypto-and-why-they-change-their-minds/">Quartz: Why People are Skeptical of Crypto, and Why They Change Their Minds</a></li><li><a href="https://www.theatlantic.com/technology/archive/2021/10/facebook-metaverse-was-always-terrible/620546/">The Atlantic: Hey, Facebook, I Made a Metaverse 27 Years Ago</a></li><li><a href="https://tim.blog/2021/10/28/chris-dixon-naval-ravikant/">The Tim Ferriss Show: #542: Chris Dixon and Naval Ravikant — The Wonders of Web3, How to Pick the Right Hill to Climb, Finding the Right Amount of Crypto Regulation, Friends with Benefits, and the Untapped Potential of NFTs</a></li></ul>Beyond Crypto<ul><li><a href="https://fivethirtyeight.com/features/most-americans-are-afraid-of-inflation/">Five Thirty Eight: Most Americans Are Afraid of Inflation</a></li><li><a href="https://podcasts.apple.com/us/podcast/goodfellows-conversations-from-the-hoover-institution/id1505855709?i=1000542252268">Food for Thought: GoodFellows, Conversations from the Hoover Institution</a></li><li><a href="https://krebsonsecurity.com/2021/11/the-internet-is-held-together-with-spit-baling-wire/">Krebson Security: The Internet is Held Together With Spit &amp; Baling Wire</a></li><li><a href="https://www.piie.com/blogs/realtime-economic-issues-watch/us-inflation-running-high-what-should-we-worry-about-now">Piie: US inflation is running high. What should we worry about now?</a></li><li><a href="https://www.reuters.com/investigates/special-report/amazon-privacy-lobbying/">Reuters: The Amazon Lobbyists Who Kill U.S. Consumer Privacy Protections</a></li><li><a href="https://hardware.slashdot.org/story/21/11/18/0014240/bill-gates-terrapower-will-set-up-a-4-billion-nuclear-plant-in-wyoming?utm_source=feedly1.0mainlinkanon&amp;utm_medium=feed">Slashdot: Bill Gates’ TerraPower Will Set Up a $4 Billion Nuclear Plant In Wyoming</a></li><li><a href="https://theintercept.com/2021/11/04/treasury-surveillance-location-data-babel-street/">The Intercept: The U.S. Treasury is Buying Private App Data to Target and Investigate People</a></li><li><a href="https://theintercept.com/2021/11/05/taiwan-china-biden-nuclear-weapons/">The Intercept: We’ve All Pretended About Taiwan for 72 Years. It May Not Work Any Longer</a></li><li><a href="https://www.washingtonpost.com/sports/2021/11/12/tom-brady-age-longevity-discipline/">The Washington Post: Beneath the mystery of Tom Brady’s greatness is a modest secret: Self-discipline</a></li><li><a href="https://sotonye.substack.com/p/words-with-web-3s-king-an-interview?curator=MediaREDEF">Time Well Spent: Words With Web 3’s King: An Interview With Chris Dixon</a></li></ul>Important noteThe research provided herein is for your general information and use and is not intended to address your particular requirements.In particular, the information does not constitute any form of advice or recommendation by Blockchain.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.Appropriate independent advice should be obtained before making any such decision.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=314075266ba9" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/end-of-the-transitory-314075266ba9">End of the Transitory</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

December Market Outlook
It is not going away.
Last week Fed Chairman Jerome Powell requested that the central bank’s preferred descriptor for the worst price inflation in 40 years (“transitory”) be “retired” from use.
Powell basically admitted that:
a) he was wrong (not always an easy thing to do when you’re the world’s most powerful person)
b) he now agreed with his early critics on this particular topic that inflation will be with us for the foreseeable future
Now, to be clear, heightened inflation (a debatable term) will likely one day “go away”, at least in the United States.
The last period of outsized US inflation started in the 1960s and lasted until the early 1980s, so these episodes can last a decade or more even in the land of the almighty dollar. But they do typically subside.
Powell’s capitulation reminded us of another thing that many of the powers that be have come to recognize is not going away.
Bitcoin.
For many years now we have expressed a view, backed-up by extensive empirical research, that bitcoin/crypto/web 3 are not a passing fad.
And regulators in the jurisdiction that still matters the most — the United States — have been echoing this sentiment since at least as far back as 2018, long before Chairman Gensler and Powell did a few months ago.
Now, there are still some holdouts that can be found atop the greying financial system food chain and in the bowels of academia.
But the smart money, innovators and most powerful regulators all generally recognize that crypto is also non-transitory.
As one of our Blockchain.com teammates recently mentioned, it feels great to work in an industry that is at last widely recognized as a legitimate fixture on the innovation landscape. Not a bad note to end another historic year on.
Summary:

Market Movements

For November cryptoasset markets diverged slightly with Bitcoin (BTC) down -7% and Ethereum (ETH) up 8%
On this month’s monthly webinar we discuss the current cryptoasset price action and 2022 outlook with Blockckchain.com Head of Markets Charlie McGarraugh

2. On-Chain Insights

On a monthly basis, overall bitcoin on-chain activity continued increasing in the month of November
Bitcoin’s hash rate (network security) has rebounded to pre-China May crackdown levels

3. What we’re reading, hearing, and watching

Explore the latest on crypto and beyond from The New York Times, Bloomberg, Bitcoin Magazine, and more

1. Market Movements
For November cryptoasset markets diverged slightly with Bitcoin (BTC) down -7% and Ethereum (ETH) up 8% (Table 1).
Table 1: Price Performance: Bitcoin, Ethereum, Gold, US Equities, USD, Long-dated US Treasuries

2. On-Chain Insights
On a monthly basis, overall bitcoin on-chain activity continued increasing in the month of November (Table 2).
Table 2: November vs October bitcoin on-chain network activity

While the estimated hash rate has gained an impressive 8% this month, the average daily active addresses have remained fairly stagnant with a -0.04% drop. Notably, the average daily fees per transaction have dropped from $3.21 per transaction in October to $2.96 per transaction in November.
3. What we’re reading, hearing, and watching
Crypto

All-in: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
Beyond The Valley: How Ethereum is Different from Bitcoin
Bitcoin Magazine: Discussing The Future Of Decentralized Identity
Bitcoin Magazine: Forget Bears: Bitcoin Takes On The Duck Curve
Bitcoin Magazine: How Large-Scale Bitcoin Mining Is Driving Clean Energy Innovation
Bitcoin Magazine: The Crucial Role Of Wild Horses In Bitcoin Mining
Bloomberg: Be Careful With Volcano Bonds
Future: DAOs, A Canon
Harvard Business Review: How NFTs Create Value
Marginal Revolution: Bitcoin and Electricity
Nikkei Asia: Bitcoin Mining is an Easy Industry to Decarbonize
Pew Research Centre: 16% of Americans say they have ever invested in, traded or used cryptocurrency
Proptos: Tether Papers, This is exactly who acquired 70% of all USDT ever issued
Protocol: NFT games are fun. Filing taxes afterward is a nightmare
Quartz: Why People are Skeptical of Crypto, and Why They Change Their Minds
The Atlantic: Hey, Facebook, I Made a Metaverse 27 Years Ago
The Tim Ferriss Show: #542: Chris Dixon and Naval Ravikant — The Wonders of Web3, How to Pick the Right Hill to Climb, Finding the Right Amount of Crypto Regulation, Friends with Benefits, and the Untapped Potential of NFTs

Beyond Crypto

Five Thirty Eight: Most Americans Are Afraid of Inflation
Food for Thought: GoodFellows, Conversations from the Hoover Institution
Krebson Security: The Internet is Held Together With Spit & Baling Wire
Piie: US inflation is running high. What should we worry about now?
Reuters: The Amazon Lobbyists Who Kill U.S. Consumer Privacy Protections
Slashdot: Bill Gates’ TerraPower Will Set Up a $4 Billion Nuclear Plant In Wyoming
The Intercept: The U.S. Treasury is Buying Private App Data to Target and Investigate People
The Intercept: We’ve All Pretended About Taiwan for 72 Years. It May Not Work Any Longer
The Washington Post: Beneath the mystery of Tom Brady’s greatness is a modest secret: Self-discipline
Time Well Spent: Words With Web 3’s King: An Interview With Chris Dixon

Important note
The research provided herein is for your general information and use and is not intended to address your particular requirements.
In particular, the information does not constitute any form of advice or recommendation by Blockchain.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Appropriate independent advice should be obtained before making any such decision.

End of the Transitory was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

End of the Transitory

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*zVx3GHVeZ7I5MEUoPTEF7Q.png" /></figure>Starting today, you can <a href="https://www.blockchain.com/waitlist/nft">sign up</a> to get first access to the Blockchain.com NFT marketplace. In the coming weeks, you’ll be able to buy, sell, and store NFTs right inside your Blockchain.com Wallet.Over the last ten years, we’ve helped tens of millions of people access crypto by providing an easy way to buy, sell, swap, store, and earn crypto. Now we want to make it easy for people to access the exciting, new NFT market.The growth and excitement in the NFT space is undeniable, but we see many of the same challenges to adoption that crypto faced in its earlier days. Specifically, accessing the NFT market is far too complex and unintuitive.Let’s take the seemingly simple process of buying an NFT:<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*DY40UrDLSWyLZC3KHJYazA.png" /></figure>We want to make accessing the NFT market as easy as accessing the crypto market. With the Blockchain.com NFT marketplace (in beta), you’ll be able to browse, buy, sell, and securely store NFTs without ever leaving your Blockchain.com Wallet.So sign up for the <a href="https://www.blockchain.com/waitlist/nft">beta waitlist</a> today to get first access.P.S. While you’re waiting to get access, check out our new <a href="https://www.blockchain.com/nfts">NFT Explorer</a> to learn more about the most popular NFTs on the market.IMPORTANT NOTE:Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f6c2210a2cb9" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/coming-soon-blockchain-com-nft-f6c2210a2cb9">Coming Soon: Blockchain.com NFT</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Starting today, you can sign up to get first access to the Blockchain.com NFT marketplace. In the coming weeks, you’ll be able to buy, sell, and store NFTs right inside your Blockchain.com Wallet.
Over the last ten years, we’ve helped tens of millions of people access crypto by providing an easy way to buy, sell, swap, store, and earn crypto. Now we want to make it easy for people to access the exciting, new NFT market.
The growth and excitement in the NFT space is undeniable, but we see many of the same challenges to adoption that crypto faced in its earlier days. Specifically, accessing the NFT market is far too complex and unintuitive.
Let’s take the seemingly simple process of buying an NFT:

We want to make accessing the NFT market as easy as accessing the crypto market. With the Blockchain.com NFT marketplace (in beta), you’ll be able to browse, buy, sell, and securely store NFTs without ever leaving your Blockchain.com Wallet.
So sign up for the beta waitlist today to get first access.
P.S. While you’re waiting to get access, check out our new NFT Explorer to learn more about the most popular NFTs on the market.
IMPORTANT NOTE:
Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.
Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

Coming Soon: Blockchain.com NFT was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Coming Soon: Blockchain.com NFT

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*khYqeY7StN1m75TTiOK4NA.png" /></figure>Blockchain.com is not only the world’s premier international digital asset brand, we are also one of the most prolific early-stage venture investors in the space with over 40 investments from our Venture Fund I alone. Fund I began investing in the coldest period of crypto winter and was fortunate to back some of the leading projects and companies today including Wintermute Trading, Aave, Theta, Near Protocol, Enjin, Terra, Amber, Blockdaemon, and many more.With Fund I now fully invested, the investment team is now looking to the future.Sam Harrison, one of our two inaugural General Partners, is launching his own fund, Faction Capital. We are delighted to continue our partnership by backing Faction Capital as its anchor LP and co-investor. Sam will remain a Venture Partner at Blockchain.com Ventures and we look forward to working together in the years to come.The global venture capital sector will invest nearly $30B into crypto companies this year. That means even more brilliant ideas, committed founders and new customers than ever will come into the space. The investment team at Blockchain.com, led by our CEO and co-founder Peter Smith, will continue to back companies at their earliest stages and has invested in nearly a new early stage deal each week this quarter. More news on that front, and about expanding the team, soon!To be best positioned to lead those investments, Blockchain.com is pleased to announce the formation of BCV Fund II. BCV will continue to be led by Peter, and we’re excited to share that Peter will be joined by two of our Blockchain.com team members, Michelle Tang and Ani Banerjee to help guide BCV’s bright future.To learn more about BCV, please visit <a href="https://www.blockchain.com/ventures">www.blockchain.com/ventures</a> or contact us at <a href="mailto:ventures@blockchain.com">ventures@blockchain.com</a>.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7f365eaa68fe" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/blockchain-com-ventures-bcv-q4-update-7f365eaa68fe">Blockchain.com Ventures (BCV) Q4 Update</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Blockchain.com is not only the world’s premier international digital asset brand, we are also one of the most prolific early-stage venture investors in the space with over 40 investments from our Venture Fund I alone. Fund I began investing in the coldest period of crypto winter and was fortunate to back some of the leading projects and companies today including Wintermute Trading, Aave, Theta, Near Protocol, Enjin, Terra, Amber, Blockdaemon, and many more.
With Fund I now fully invested, the investment team is now looking to the future.
Sam Harrison, one of our two inaugural General Partners, is launching his own fund, Faction Capital. We are delighted to continue our partnership by backing Faction Capital as its anchor LP and co-investor. Sam will remain a Venture Partner at Blockchain.com Ventures and we look forward to working together in the years to come.
The global venture capital sector will invest nearly $30B into crypto companies this year. That means even more brilliant ideas, committed founders and new customers than ever will come into the space. The investment team at Blockchain.com, led by our CEO and co-founder Peter Smith, will continue to back companies at their earliest stages and has invested in nearly a new early stage deal each week this quarter. More news on that front, and about expanding the team, soon!
To be best positioned to lead those investments, Blockchain.com is pleased to announce the formation of BCV Fund II. BCV will continue to be led by Peter, and we’re excited to share that Peter will be joined by two of our Blockchain.com team members, Michelle Tang and Ani Banerjee to help guide BCV’s bright future.
To learn more about BCV, please visit www.blockchain.com/ventures or contact us at ventures@blockchain.com.

Blockchain.com Ventures (BCV) Q4 Update was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Blockchain.com Ventures (BCV) Q4 Update

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*blaDaKrvafVMkiLxsX00ng.png" /></figure>Last week we acquired <a href="https://www.sesocio.com/">SeSocio</a>, an Argentina-based personal finance company accelerating crypto adoption across Latin America. The deal marks our largest acquisition to date, and we welcome their 100+ employees to accelerate our footprint and growth across the region.Founded 4.5 years ago in Buenos Aires, SeSocio’s mission is to democratize finance for people throughout South America. Their business spans Argentina, Chile, México, Perú, and Colombia and has onboarded millions into crypto. Combined with our large user base in countries like Brazil and Mexico, there is a tremendous opportunity to drive adoption of crypto in the region by working together.This follows the news we shared in June, that <a href="https://medium.com/blockchain/blockchain-com-to-move-u-s-hq-to-miami-78cfe70646e4">we moved our US HQ from New York to Miami</a>, not just because of the explosive growth of the crypto scene, but because of its status as the crossroads for finance between North and South America. There are several reasons why we’re excited to invest in Latin American market expansion:<ul><li>No country controls a reserve currency like the USD or Euro, so everyone generally understands the value of storing wealth outside of their country’s fiat currency.</li><li>The political landscape means a lot of people are open to crypto — where math and decentralized communities overcome politics.</li><li>Without full credit card penetration, there’s an opportunity for a mobile financial app built on crypto rails to be the first financial product for most people.</li><li>Most adults have seen countries like Brazil print a new fiat currency within their lifetimes.</li></ul>We’ve made a conscious effort to acquire companies that align with our vision of being in crypto for the long-Term. SeSocio’s imprint, team, and technology make it a perfect partner for us. From conversations with co-founders Guido and Gaston and passionate members of their team — we know we have found a group dedicated to relentlessly fostering crypto adoption worldwide.Before, our companies were on aligned yet parallel journeys. Today, we’re stoked to be on the same team. We couldn’t have found better partners to drive growth in Latin America by providing the best access to the crypto markets.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b4d17e4c6aab" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/welcoming-sesocio-to-the-blockchain-com-family-b4d17e4c6aab">Welcoming SeSocio to the Blockchain.com Family</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Last week we acquired SeSocio, an Argentina-based personal finance company accelerating crypto adoption across Latin America. The deal marks our largest acquisition to date, and we welcome their 100+ employees to accelerate our footprint and growth across the region.
Founded 4.5 years ago in Buenos Aires, SeSocio’s mission is to democratize finance for people throughout South America. Their business spans Argentina, Chile, México, Perú, and Colombia and has onboarded millions into crypto. Combined with our large user base in countries like Brazil and Mexico, there is a tremendous opportunity to drive adoption of crypto in the region by working together.
This follows the news we shared in June, that we moved our US HQ from New York to Miami, not just because of the explosive growth of the crypto scene, but because of its status as the crossroads for finance between North and South America. There are several reasons why we’re excited to invest in Latin American market expansion:

No country controls a reserve currency like the USD or Euro, so everyone generally understands the value of storing wealth outside of their country’s fiat currency.
The political landscape means a lot of people are open to crypto — where math and decentralized communities overcome politics.
Without full credit card penetration, there’s an opportunity for a mobile financial app built on crypto rails to be the first financial product for most people.
Most adults have seen countries like Brazil print a new fiat currency within their lifetimes.

We’ve made a conscious effort to acquire companies that align with our vision of being in crypto for the long-Term. SeSocio’s imprint, team, and technology make it a perfect partner for us. From conversations with co-founders Guido and Gaston and passionate members of their team — we know we have found a group dedicated to relentlessly fostering crypto adoption worldwide.
Before, our companies were on aligned yet parallel journeys. Today, we’re stoked to be on the same team. We couldn’t have found better partners to drive growth in Latin America by providing the best access to the crypto markets.

Welcoming SeSocio to the Blockchain.com Family was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcoming SeSocio to the Blockchain.com Family

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*1INnA8IWzzsrv3uXpLN2jg.png" /></figure>In late 2019, we launched the Blockchain.com Exchange with the goal of creating a trading platform that was powerful enough for institutional investors yet intuitive enough for retail traders.Over the last year, we’ve made massive strides towards this goal–from introducing Margin Trading and a mobile app to announcing new trading pairs and geographic regions where you can now use our products.Let’s take a look at all the new products and features that are now available to you.Margin TradingWe <a href="https://medium.com/blockchain/introducing-margin-trading-on-the-blockchain-com-exchange-617405d1e27d">introduced Margin Trading</a> with up to 5X leverage for our BTC-USD and ETH-USD trading pairs.Margin Trading allows you to increase your profit potential through leverage, giving you increased buying and selling power on each trade.For example, if you want to purchase $1,000 worth of Bitcoin on the BTC-USD trading pair with 5X leverage, you only need $200 in either BTC or USD as collateral in your account to have a full position worth $1,000.Margin Trading is currently available to Gold Verified users in over 150 countries. We have plans to expand our global and trading pair coverage, so be sure to watch this space.Blockchain.com Exchange Mobile AppWe rolled out early access to the Blockchain.com Exchange <a href="https://apps.apple.com/us/app/blockchain-exchange-buy-btc/id1557515848">iOS</a> app.Our goal with the app is to give you everything you need to easily and securely trade crypto on the go.While a few of the web features are not yet available in the app, we’d love for you to <a href="https://apps.apple.com/us/app/blockchain-exchange-buy-btc/id1557515848">download it</a>, take it for a spin, and <a href="https://why.blockchain.com/exchangeiosfeedback">tell us what you think</a>. We’re actively building the app so your early feedback is invaluable.New Trading PairsWe continued to accelerate the number of assets you can deposit, trade, and withdraw on the Blockchain.com Exchange.Just in the last year, we’ve added 30 new trading pairs including DeSo (DESO), USD Coin (USDC), Uniswap (UNI), Compound (COMP), Dai (DAI), Chainlink (LINK), Stacks (STX), Efinity Token (EFI), SushiSwap (SUSHI), Wrapped Bitcoin (WBTC), Polygon (MATIC), Maker (MKR), and Celo Euro (cEUR).In total, the Blockchain.com Exchange now supports <a href="https://exchange.blockchain.com/markets">80 trading pairs</a> with many more to come.Instantly Deposit USD, GBP, and EURWe added support for <a href="https://exchange-support.blockchain.com/hc/en-us/articles/360055569031-How-can-I-deposit-USD-instantly-via-ACH-">ACH</a> and <a href="https://exchange-support.blockchain.com/hc/en-us/articles/360060373251-How-do-I-deposit-GBP-or-EUR-via-Instant-Transfers-with-Open-Banking-">Open Banking</a> so you can deposit USD, GBP, and EUR into your account and have the funds instantly available for trading.As many banks don’t charge a fee for these types of transfers, they provide both a quick and cost-effective onramp into crypto.New US StatesWe continued to expand the number of US states where you can use the Blockchain.com Exchange.Residents of Florida, Oklahoma, North Dakota, South Dakota, Maryland, Michigan, and Georgia are now among the 30 states that have access to the Blockchain.com Exchange.We’ll continue to actively work through individual license approvals to bring the benefits and opportunities of crypto trading to all US residents.Our CommitmentWhile we’re excited to have delivered all these new products and features over the last year, our work is far from done. We have a roadmap full of enhancements coming your way and couldn’t be more committed to delivering you the most powerful and intuitive trading platform in crypto.<a href="https://exchange.blockchain.com/trade/login">Log in</a> to the Blockchain.com Exchange to start leveraging these updates today.IMPORTANT NOTE:When considering trading on margin, you should determine how the use of margin fits your own investment philosophy. It is important that you fully understand the risks, rules, and requirements involved in trading digital assets on margin. Margin trading increases your level of market risk. You may lose some or all of the collateral you post in connection with a margin trade. Blockchain.com may initiate the sale of digital assets in your account, without contacting you, to meet a margin call. You are not entitled to an extension of time on a margin call. Further details will be set out in the Margin user agreement.Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a66ce76bfc5d" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/new-updates-to-the-blockchain-com-exchange-a66ce76bfc5d">NEW: Updates to the Blockchain.com Exchange</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

In late 2019, we launched the Blockchain.com Exchange with the goal of creating a trading platform that was powerful enough for institutional investors yet intuitive enough for retail traders.
Over the last year, we’ve made massive strides towards this goal–from introducing Margin Trading and a mobile app to announcing new trading pairs and geographic regions where you can now use our products.
Let’s take a look at all the new products and features that are now available to you.
Margin Trading
We introduced Margin Trading with up to 5X leverage for our BTC-USD and ETH-USD trading pairs.
Margin Trading allows you to increase your profit potential through leverage, giving you increased buying and selling power on each trade.
For example, if you want to purchase $1,000 worth of Bitcoin on the BTC-USD trading pair with 5X leverage, you only need $200 in either BTC or USD as collateral in your account to have a full position worth $1,000.
Margin Trading is currently available to Gold Verified users in over 150 countries. We have plans to expand our global and trading pair coverage, so be sure to watch this space.
Blockchain.com Exchange Mobile App
We rolled out early access to the Blockchain.com Exchange iOS app.
Our goal with the app is to give you everything you need to easily and securely trade crypto on the go.
While a few of the web features are not yet available in the app, we’d love for you to download it, take it for a spin, and tell us what you think. We’re actively building the app so your early feedback is invaluable.
New Trading Pairs
We continued to accelerate the number of assets you can deposit, trade, and withdraw on the Blockchain.com Exchange.
Just in the last year, we’ve added 30 new trading pairs including DeSo (DESO), USD Coin (USDC), Uniswap (UNI), Compound (COMP), Dai (DAI), Chainlink (LINK), Stacks (STX), Efinity Token (EFI), SushiSwap (SUSHI), Wrapped Bitcoin (WBTC), Polygon (MATIC), Maker (MKR), and Celo Euro (cEUR).
In total, the Blockchain.com Exchange now supports 80 trading pairs with many more to come.
Instantly Deposit USD, GBP, and EUR
We added support for ACH and Open Banking so you can deposit USD, GBP, and EUR into your account and have the funds instantly available for trading.
As many banks don’t charge a fee for these types of transfers, they provide both a quick and cost-effective onramp into crypto.
New US States
We continued to expand the number of US states where you can use the Blockchain.com Exchange.
Residents of Florida, Oklahoma, North Dakota, South Dakota, Maryland, Michigan, and Georgia are now among the 30 states that have access to the Blockchain.com Exchange.
We’ll continue to actively work through individual license approvals to bring the benefits and opportunities of crypto trading to all US residents.
Our Commitment
While we’re excited to have delivered all these new products and features over the last year, our work is far from done. We have a roadmap full of enhancements coming your way and couldn’t be more committed to delivering you the most powerful and intuitive trading platform in crypto.
Log in to the Blockchain.com Exchange to start leveraging these updates today.
IMPORTANT NOTE:
When considering trading on margin, you should determine how the use of margin fits your own investment philosophy. It is important that you fully understand the risks, rules, and requirements involved in trading digital assets on margin. Margin trading increases your level of market risk. You may lose some or all of the collateral you post in connection with a margin trade. Blockchain.com may initiate the sale of digital assets in your account, without contacting you, to meet a margin call. You are not entitled to an extension of time on a margin call. Further details will be set out in the Margin user agreement.
Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.
Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

NEW: Updates to the Blockchain.com Exchange was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

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