Moody’s downgraded the creditworthiness of Silvergate Capital and its bank subsidiary Silvergate Bank.

The move is the latest public blow to the troubled crypto-friendly bank.

Silvergate reported a fall in deposits, losses and job cuts last month, citing a “transformational shift” driven by a sea change in the digital asset market.

Investment firms such as Citadel Securities and Susquehanna Advisors Group have bought significant stakes in Silvergate in recent days.

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⚡ Dogecoin Is Now A Part Of Ernst & Young's New Blockchain Analyzer Function.

@Crypto_News | link

Binance has partnered with Ingenico, a global payment solutions provider, to enable users to pay in crypto through Binance Pay.

https://twitter.com/binance/status/1628288699296370690

The Shanghai upgrade will activate on the ETH testnet Sepolia network at epoch 56832, scheduled for 4:04:48 AM UTC on Feb. 28. This upgrade follows the Merge and enables validators to withdraw their stake from the Beacon Chain back to the execution layer.

https://blog.ethereum.org/2023/02/21/sepolia-shapella-announcement

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Coinbase $COIN reports a net loss of $2.62 billion in 2022.

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For the first time ever, Arbitrum One processed more transactions than Ethereum.

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BlackRock is offering an exchange-traded fund (ETF) that will focus primarily on tech companies that are exposed to the metaverse.

INVESTMENT OBJECTIVE
The iShares Future Metaverse Tech and Communications ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. and non-U.S. companies that provide products and services that are expected to contribute to the metaverse in areas including virtual platforms, social media, gaming, 3D software, digital assets, and virtual and augmented reality.

1. Access companies creating the metaverse: Invests in companies providing the technology hardware and software required for augmented reality, as well as the experiences that exist within it
2. Dynamic approach: Seeks to track a rules-based index that is designed to adapt to a swiftly evolving landscape
3. Exposure to potential growth of the metaverse: Use to express a view on the potential growth of the metaverse and the companies across its value chain.

https://www.ishares.com/us/products/330840/ishares-future-metaverse-tech-and-communications-etf/

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U.S. Q4 GDP data (first revision) to be released at 8:30 a.m. ET.

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Spotify Is Testing Token-Enabled Music Playlists

The pilot is currently only available for Android users in the U.S., U.K., Germany, Australia and New Zealand.

Spotify rolling out token gating.

https://twitter.com/Overlord_xyz/status/1628485145706614792

https://twitter.com/apoorvlathey/status/1628496224818184192

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Huawei, one of China's largest companies, released a promotional video about the defi project Defactor, which rose by more than 282% in 24h. A new address created less than 13 days ago bought about 200,000 FACTRs 12 days ago and sold them all today for a profit of nearly $25,000.

Bridging the world of DeFi: https://www.youtube.com/watch?v=8i2hdcGkQB0&feature=youtu.be&ab_channel=Huawei

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LACOSTE has filed 5 trademark applications for CHAMPS-ELYSEES claiming plans for

▫️NFTs
▫️Crypto transaction software
▫️Virtual clothing , footwear, sports gear
▫️Stores for virtual goods
▫️Providing virtual real estate services.

https://twitter.com/kondoudislaw/status/1628392053624152066

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Coinbase's L2 solution.

https://twitter.com/coinbase/status/1628760201254903809

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👀 The oldest screenshot of Bitcoin.org (03.01.2009)

@bitcoins

Solana daily active addresses.

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According to Hong Kong SFC, the tokens that compliant exchanges allow retail investors to purchase must be included in the two indexes.
The following may be included:
Bitcoin
Ethereum
Litecoin
Bitcoin Cash
Polkadot
Solana
Cardano
Avalanche
Polygon
Chainlink

However, Kaiko’s article puts a point that liquidity factors also need to be taken, for example, the liquidity of BCH LTC DOT is poor, XLM ETC is even worse. Such as DOGE MATIC, etc. have higher liquidity.

https://blog.kaiko.com/a-crypto-friendly-asia-what-it-will-mean-for-markets-47237b2a4384

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Polygon experienced an abnormally large block reorganization of 157 blocks, which caused some nodes to lose synchronization and PolygonScan data was interrupted for nearly two hours. Polygon responded that yesterday's re-org was caused due to a bug which will be fixed soon.

https://twitter.com/jdkanani/status/1628778912946745344

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