Adoption
NFTs
NFT trading volume returns to pre-LUNA crash levels in February
NFT trading volume recorded a 117% increase from January to February, reaching $2 billion for the first time since May 2022.
Exchanges
Coinbase acquires One River Digital Asset Management
A Coinbase subsidiary called Coinbase Asset Management will emerge from the acquisition to enhance the institutions' access to crypto assets.
Analysis
BUSD exchange balance drops below 9B as USDT dominance reaches 55%
In the meantime, Ethereum dominance over the aggregate market cap of the top four stablecoins continues to increase.
Investments
REPUBLIK raises $6M in seed funding, raising valuation to $75M
Content creators can connect with their audience through REPUBLIK and utilize smart contracts to handle monetization processes.
Tokenization
RLY surges over 80% in a day as project team shares treasury holdings, future plans
The Rally token recorded an 83.73% increase in the last 24 hours, surging from $0.0149 to as high as $0.0313.
Adoption
Spain has highest number of properties available to buy via crypto
Thailand and Portugal rank second and third globally by offering 227 and 130 properties, respectively.
Adoption
DBS Digital Exchange CEO says investors prefer regulated platforms over yield
Singapore's DBS bank-backed exchange recorded an 80% increase in BTC trading volumes and doubled its user count in 2022.
Wallets
Robinhood’s self-custody wallet launches on iOS
Users can earn up to 5 USDC if they transfer $10 from Robinhood Crypto or 1 USDC if they use another wallet for the transfer.
Mining
Bitcoin outperformed majority of mining company stocks in February
BTC recorded a 4.6% increase during February, which only five mining companies' stocks were able to outperform.
Regulation
Justin Sun calls for unified crypto regulation
Sun said regulations are healthy for the crypto sphere and added that TRON is willing to cooperate with the lawmakers on a global level.
Tokenization
About $650M in token unlocks scheduled for March
Unlocks scheduled for the first day of March are set to release a total of $224 million worth of tokens, accounting for over 34% of the monthly amount.
Politics
Coinbase spent $3.4M on lobbying in 2022, while FTX spent $720k
Coinbase spent $3.4 million on lobbying activities in 2022, while Binance US and FTX US spent $960,000 and $720,000, respectively.