Adoption
CBDCs
Sweden seeks to allay CBDC concerns by saying it has no ‘interest in looking at how people pay for things’
Sweden cares a great deal about privacy and considers it an an extremely important question when "talking about all types of digital monies."
Analysis
Non-exchange ETH supply exceeds 25M after 7 years
Last time non-exchange addresses held over 25 million ETH was in 2016.
Stablecoins
Coinbase suspending BUSD trading
BUSD trading will stop around 12pm ET on March 13, 2023.
Metaverse
Japan follows up on metaverse investment plans
Japan said it would expand investments in the metaverse in 2022. Today, 10 Japanese firms joined forces to create the metaverse economic zone.
NFTs
Creepz NFT volume surges 240% following Spotify partnership
Creepz NFT creator Overlord announced the partnership with Spotify
Regulation
Canada requires crypto exchanges to pre-register within 30 days
The applicants will have to separate assets held for local clients, restrict margin and leverage trading, and ceasing the sale of stablecoins without permission.
Exchanges
Binance to burn $2B idle BUSD on Feb. 22
The BUSD collateral on the Ethereum network will be released after the burn.
NFTs
Whale sells 139 NFTs from BAYC, MAYC, Azuki, Otherdeeds, Benz collections
Rektguy creator Mando made over $9.6 million by selling over a hundred NFTs on Blur, leaving only 9 MAYCs in his wallet address.
Analysis
Reddit Avatar NFTs’ market cap exceeds $35 million
Over 10.6 million NFTs have been minted since the collection's launch on July 2022.
Tokenization
Ankr surges 70% in an hour
Following Ankr protocol's announcement regarding its use of Microsoft Azure, the ANKR token increased from $0.03305 to $0.05583 in one hour.
Analysis
Digital asset investments recorded over $30M outflows in a week
Bitcoin-based investment products saw $25 million of outflows, while short-Bitcoin investment recorded $3.7 million inflows.
Partnerships
Ankr’s node hosting app launches on Azure marketplace
The new app is a fully-managed node hosting solution that allows bandwidth, memory and location customization.