Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says

Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.Source

Crypto for Advisors: Digital Asset Custody’s Future

Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.Source

U.S. Senate’s Warren Warns National Security Chiefs About Iranian Crypto Mining

U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions.Source

MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals

MicroStrategy has already built one application using its service. “Orange For Outlook” integrates digital signatures into emails to enable recipients to verify the identity of the sender.Source

Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo

Private credit has been at the forefront of crypto’s asset tokenization trend with over $600 million outstanding on-chain assets.Source

LayerZero Takes Snapshot as Airdrop Draws Closer

The interoperability protocol indicated that there will be a series of airdrops.Source

Bitcoin Miner Stronghold Looking at Options, Including Sale of Company

The miner is looking at options including sale of all or part of the company and other strategic transactions.Source

MoonPay Users Can Now Buy Crypto Via PayPal

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Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App ‘Kiosk’

Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror’s team to operate as an independent company focused exclusively on social media.Source

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi’s sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.Source