Treasury Secretary says US has no plans to ban crypto but will implement "strong regulatory framework."

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CryptoSlam has detected at least $577 million worth of wash traded related to Blur, since the airdropping on Feb. 14, such as NFT resales within a short period at prices close to the assets’ initial transactions.

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🪬 Adani lost $145 billion - FT

Gautam Adani was accused of fraud and fraudulent reporting. This shook the empire of the Indian businessman and led to the sale of shares.

Since the beginning of the year, the personal fortune of the billionaire has decreased by $79 billion since the beginning of the year, and over the month, 60% of the value of the group's companies has been reset to zero.

Last year, Adani was in the 2nd place of the richest people in the world.

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Gen Z and millennials need $3 million in retirement savings to live comfortably due to inflation, Wealthcare Financial reports.

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Bounce will provide auction infrastructure to Base network incubated by Coinbase.

https://twitter.com/bounce_finance/status/1629499976899502080

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Solana is back online after the network restarted twice over the weekend.

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SEC shuts down Republic's $75 million Metaverse fund.

https://finance.yahoo.com/news/republic-cancels-75-million-metaverse-060211106.html

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Mining difficulty up 9.95% with more machines coming online amid recent rally.

This means that more mining hardware has been activated on the network, perhaps in response to recent price increases.

Here’s Luxor COO Ethan Vera: "Network hashrate continues to march upwards, as more efficient machines come to market, electricity rates fall, infrastructure gets built out and mining economics improve with Bitcoin price and ordinal transaction fees.”

Mining difficulty refers to the complexity of the computational process used in mining, and it adjusts about every two weeks.

@bitcoins

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Binance Futures will launch USDⓈ-M CKB perpetual contracts on 2023-02-28 12:00 UTC with up to 20x leverage.

https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-ckb-perpetual-contracts-with-up-to-20x-leverage-885443a304ba4193bf850f9ebd28408b

$700,000 worth of funds has been drained from BNB Chain DeFi protocol LaunchZone’s, with the project alleging that an attacker has carried out an exploit.

The value of LaunchZone’s native token $LZ dropped by over 80%.

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Agreement on the creation of the “Japan Metaverse Economic Zone”, an Open Metaverse Infrastructure from a Role-Playing Game Perspective.

JCB Co., Ltd., Mizuho Financial Group, Inc., Sumitomo Mitsui Financial Group, Inc., Mitsubishi UFJ Financial Group, Inc., Resona Holdings, Inc., Sompo Japan Insurance, Inc., Toppan Inc., Fujitsu Ltd., TBT Lab Inc.

https://www.fujitsu.com/global/about/resources/news/press-releases/2023/0227-02.html

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Canada bans TikTok on all government devices.

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Coinbase to suspend Binance    USD $BUSD stablecoin trading.

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Apartment Rents Fall as Crush of New Supply Hits Market.

Declines signal tenants may be maxed out on how much income they can devote to rent.

https://www.wsj.com/articles/apartment-rents-fall-as-crush-of-new-supply-hits-market-2403c6ea

🔗 Telegram | Twitter

Lee Woong-yeol, honorary chairman of Korean conglomerate Kolon, is partnering with Binance to build a new virtual asset exchange in South Korea. Binance previously acquired South Korea’s Gopax exchange, but South Korea’s authorities are reviewing the acquisition.

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Huobi has announced that it will join the BTTC (BitTorrent Chain) ecosystem and support the development of a layer 2 network based on BTTC to promote the creation and improvement of an on-chain open financial system.

https://twitter.com/huobiglobal/status/1630410082016976896

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Digital Currency Group (DCG) reported a loss of $1.1 billion in 2022.

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This month marked the first time NFT marketplace volumes on Ethereum surpassed $1 billion since May 2022.

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Crypto’s correlation to equities and macro events is getting weaker, according to a Bernstein analyst.

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