First Mover Asia: Bitcoin Is Ready for a Consolidation Phase

ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.Source

Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol

EUL tokens jumped 47% on the transfer of tokens.Source

Amazon’s NFT Plans Teased in a Receipt Mailed Friday Afternoon

In an email to CoinDesk’s Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.Source

NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles

The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market.Source

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.Source

Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities

The NFT marketplace has teamed up with Yield Guild Games, Game7 and Fenix Games to bring Web3 games mainstream.Source

Bitcoin From Defunct BTC-e on the Move Again: Report

Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.Source

Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets

Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.Source

Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.Source

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

BlockFi filed for bankruptcy in the wake of FTX’s collapse.Source