IOTA’s Ecosystem Foundation Commits $10M for Tokenization, Trade Startups

IOTA’s recently-launched Ecosystem Foundation is making its first series of investments, committing $10 million to to early-stage startups focused on digital trade and tokenization of real world assets (RWAs).Source

First Mover Americas: BTC Volatility Spikes, Crypto Derivatives Volume Surges

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Solana Gaming Project MixMob Bags Stormtrooper NFT Licensing Rights

MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.Source

Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI

The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market.Source

Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again

Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn’t about digital assets, directly, but it may be important for every modern consumer who buys, registers or contracts for a product or service – and for the businesses trying to stay out of court.Source

BlackRock Bitcoin ETF Breaks Volume Record as Bitcoin Rallies to $64K Before Plunging

U.S. spot bitcoin {{BTC}} exchange-traded funds (ETF) experienced another massive trading session Wednesday with BlackRock’s bitcoin ETF (IBIT) breaking its volume record for the third consecutive day.Source

The Protocol: Bitcoin’s Call for Volunteers, Ethena’s USDe, Blast’s Blast-Off

In this week’s issue of CoinDesk’s newsletter on blockchain technology, we’ve got an exclusive interview with Stacks co-creator Muneeb Ali. PLUS: More than $200 million of blockchain project fundraisings.Source

U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker

Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather “Razzlekhan” Morgan – have suddenly become active.Source

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.Source

Retail Investors Are Sleeping on Bitcoin’s March Towards All-Time Highs: IntoTheBlock

Metrics that previously signaled retail froth are still at low levels, suggesting that this phase of bitcoin’s rally is driven by institutional investors, IntoTheBlock analysts said.Source