Adoption
Gaming
Blockchain gaming unique active wallets decreased 8% in Q1 2023
The average number of daily unique active wallets was calculated as 791,474, while investments in blockchain gaming increased over 12%.
NFTs
Over 75% of crypto holders have NFTs
At least 25% of crypto holders are avid NFT collectors who own more than 50 NFTs, while only 4.8% said they owned only one NFT.
Regulation
Singapore composing new guidelines for banks with crypto clients
Singapore's central bank authorities have been collaborating with banks that serve crypto accounts for six months to set standards.
Stablecoins
Largest LatAm investment bank launches stablecoin
The stablecoin will be 1:1 dollar-backed and be the first one BTG Pactual released on its crypto platform Mynt.
Mining
Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
The bill passed unanimously, as the community worries it might pass through the Senate and move to the House.
Exchanges
Paxful suspends marketplace
Company CEO announced the suspension via a written message, noting that the suspension is likely to be permanent.
Mining
Marathon Digital mines record 825 BTC in March
The company's unrestricted BTC holdings increased to 11,466 BTC — while unrestricted cash and cash equivalents sit at $124.9 million.
Exchanges
Coinbase dominates US market with over 75% market share
Binance.US and Crypto.com follow Coinbase as the second and third most dominant centralized crypto exchanges in the US.
Tokenization
Over $330M worth of token are scheduled to unlock in April
BitDAO’s unlock scheduled on April 15 will be the largest one of the month — releasing almost $1 billion worth of tokens.
Technology
KCC upgrade to enhance performance goes live on testnet
The fan-built KCC V.1.3.0 upgrade focuses on merging upstream code, enhancing performance, and resolving bugs.
Mining
BTC miner TeraWulf grew revenue over 140% in Q4’22
TeraWulf grew its mining operations by adding 110 MW of mining infrastructure — looking to add another 50 MW by the end of Q2'23.
Regulation
Hong Kong signals licensing over 8 crypto companies by year-end
Licenses will be issued under Hong Kong's new crypto licensing regime, composed to support crypto firms looking to set up shop in the city.