Investors Pour Money Into Crypto Investments for 4th Straight Month
Assets under management for digital-asset products climbed to $13.4 billion in March, up 60% from their 2022 low in November, according to CryptoCompare.Source
It’s a Small (Virtual) World After All
Disney reportedly lays off its metaverse team, and the U.K. Treasury cancels its NFT plans, but on the bright side, NFTs for tickets are having a moment.Source
Planners of Bitcoin Conference in Atlanta Move to Open-Source Their Agenda
The conference has been running since 2018 but topics and speakers for this year’s TABConf event will be chosen partly based on proposals from the general public via GitHub.Source
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month
The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing.Source
First Mover Americas: XRP Marches Forward
The latest price moves in bitcoin (BTC) and crypto markets in context for March 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
First Mover Asia: Bitcoin Hovers Around $28,000
ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.Source
Sushi Swap CEO Says He No Longer Feels ‘Inspired’ Amid U.S. Regulators’ Crypto Crackdown
Sushi Swap Head Chef Jared Grey fielded questions from his community about an SEC subpoena he received during a Thursday call.Source
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.Source
Bitcoin Miner TeraWulf Reports 146% Increase in Revenue as It Ramps Up Operations
TeraWulf reiterated its 5.5 EH/s computing power target for the second quarter of the year.Source
Coinbase Hires Ex-Shopify Exec to Oversee Canada Operations
Coinbase (COIN) has named Lucas Matheson as its country director in Canada and said it signed an enhanced Pre-Registration Undertaking with that country’s regulators, according to a Thursday afternoon blog post.Source