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Crypto Evening Briefing: Michael Saylor’s MicroStrategy Repays Silvergate Loan and Buys 6.5K BTC

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Michael Saylor’s MicroStrategy Repays Silvergate Loan and Buys 6.5K BTC

MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin.

G-7 Will Push for Tighter Global Crypto Regulations: Kyodo

The Group of Seven (G-7) will toughen global crypto regulation, with a focus on increasing business transparency and consumer protection, Kyodo News reported, citing officials with knowledge of the plan.

FTX Bankruptcy Estate Consolidates Arbitrum Airdrop Tokens Into Single Wallet

A wallet controlled by the FTX bankruptcy estate has received several tranches of the Arbitrum (ARB) airdrop from wallets linked to Alameda Research, on-chain data shows.

Alibaba Cloud Opens Blockchain Lab for Web3 Game Developers in Japan

Alibaba Cloud, the digital technology and intelligence center of Alibaba Group, is set to launch a blockchain laboratory in Shibuya, Japan in April.

EU Smart Contract Regulations Included in Council’s Data Act Draft

The European Union's Data Act has been revised to require smart contracts to contain a kill switch, according to a proposal agreed upon by the EU's Council. 

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $27,776.47 USD, dropped by 0.58% in the last 24 hours;

ETH’s live price is $1,756.39 USD, dropped by 1.17% in the last 24 hours;

BNB’s live price is $328.40 USD, jumped by 0.52% in the last 24 hours;

XRP's live price is $0.4807 USD, jumped by 5.91% in the last 24 hours.

Fundraising News

Open-Source Blockchain D-Ecosystem Raises $6M Ahead of March 29th IDO

Open-source blockchain D-Ecosystem has raised $6 million in funding ahead of its initial DEX offering (IDO), which will be held from March 29 to May 31.

European DeFi Startups Saw 120% Increase in VC Investment in 2022: Data

According to a new study released by European investment firmRockawayX, VC investment in crypto startups based in Europe reached its all-time high in 2022 with $5.7 billion invested. European DeFi startups hit $1.2 billion in 2022, which is a 120% increase from the previous year’s investments of $534 million

dHEDGE Acquires mStable and Partners With Toros Finance To Expand DeFi Offerings

dHEDGE, the decentralized asset management platform, has announced its acquisition of mStable, a protocol for stablecoin exchange and liquidity provision. The acquisition comes after dHEDGE won a vote against three other protocols competing for the acquisition.

LD Capital Invests in Davos Protocol’s Innovative DeFi Project

LD Capital, a renowned investment firm, has announced its investment in Davos Protocol, a cutting-edge project that merges DeFi with groundbreaking technology to tackle market challenges.

Web3 Hardware Manufacturer JDI Secures Strategic Funding From Renowned Institutions To Accelerate Web3 Solutions

JDI, the leading web3 hardware manufacturer, has secured strategic funding in its latest round from renowned institutions Dragonfly, Fututemoney, LinkVc, Lancer, and others.

Bitcoin Bitcoin $82,725.19
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Europe DeFi Web3 Michael Saylor MicroStrategy Bitcoin Japan FTX Alameda Research
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