Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield

The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.Source

Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.Source

U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M

An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.Source

Ledger’s Hard Lesson: Being Right Isn’t Good Enough

Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.Source

Why Web3 and the AI-Internet Belong Together

Seeing crypto and AI as unrelated technologies is a mistake. They are complementary, each improving the other, says CoinDesk’s Chief Content Officer, Michael Casey.Source

Vega Token Rallies Ahead of Protocol Possibly Going Live Monday

The platform is awaiting an expected approval from the community, says Vega’s co-founder.Source

To Axie Infinity and Beyond

Axie Infinity: Origins launched on the Apple App Store, pumping AXS tokens. Plus, we examine if NFT trading volume matters.Source

Ripple Appoints Market Research Firm Nielsen’s CFO Jenson to Board

Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen.Source

Zombie-themed Deadfellaz NFTs Let You Bring the Avatars to Life on Video

A new tool called Streamingfellaz will allow Deadfellaz holders to embody their PFP on camera via platforms including Twitch, YouTube, Google Meet and Zoom.Source

Beyond the JPEG: Web3 Is Expanding the Artist’s Canvas Through Immersive IRL Experiences

NFTs allow artists to be creative about how they share digital art and engage with their audiences, creating new collaborative, sensory experiences.Source