The Bitfinex saga continues and two things happened over the weekend, complicating the picture further. Crypto Twitter found out during the weekend that Bitfinex is now banking with HSBC US, but not directly. Rather through a shell company, Global Trading Solutions LLC, and the address of the headquarters of this shell company doesn't seem to be exist. Or rather it does, it is a valid address, but it is the address of a volleyball club on the outskirts of Chandler, Arizona. Bitfinex also published a blog post yesterday vehemently denying that the exchange is insolvent, and pointing to cold wallet addresses to prove their point; but fiat withdrawals are not really working.

Nicolas Maduro announced that passport fees have to be paid in the country's new cryptocurrency. But does Petro actually exist? Or is it possible that the Venezuelan government simply doesn't want to issue passports to anyone anymore?

Circle, the Goldman Sachs-backed crypto firm which bought Poloniex a few months ago announced acquiring SeedInvest, a platform where retail investors can invest in startup companies. Their plan is to make it easy for startups to issue their own tokens - securities as I imagine - and sell them to retail investors.