Bitcoin is up slightly at $39,295
Ethereum is up slightly at $2,604
and Binance Coin is down .5% at $372

OMG Network up 17%
Mir Coin up 16%

Cake DeFi launches a $100M venture fund

Santander is set to offer loans secured by grain-based crypto tokens in Argentina.

Month over month Web traffic to crypto exchanges fell 20% in February.

Crypto-friendly candidate Yoon Suk-yeol wins bid for SK Presidency.

SoftBank plans NFT marketplace.

Links:

• Monthly web traffic to crypto exchanges fell by 20% in February
• South Korea: Conservative candidate Yoon Suk-yeol elected president - BBC News
• SoftBank Internet Arm Plans NFT Mall to Grow Global Footprint - Bloomberg
• Fintech Platform Cake DeFi Creates $100M Venture Capital Arm
• Así es la primera experiencia mundial que ofrece préstamos garantizados con criptoactivos - Post by Santander

Bitcoin is up .5% at $38,509
Ethereum is up slightly at $2,618
and Binance Coin is up slightly at $376

Mir coin up 28%

Paypal, Visa and Mastercard have all suspended operations in Russia

A bug in Convex Finance caused the CVX token to drop.

Brazil’s central bank has picked nine CBDC projects for next step in innovation challenge.

Genesis digital assets plans a 100% clean energy mining center in Sweden.

Bitcoin is down .5% at $39,015
Ethereum is down .5% at $2,646
and Binance Coin is down .5% at $379

Mir Coin up 36%
Anchor Protocol up 19%

Revolut is banning transfers in Russia and Belarus

CVS has filed for trademark on NFTs and health services in virtual and augmented reality.

Shake Shack is offering customers crypto rewards through Cash App.

A Mickey Mantle baseball card NFT has sold for 471k in an OpenSea auction

Links:

• Healthcare giant CVS files for NFTs and virtual goods trademark
• Shake Shack Tests Bitcoin Rewards to Lure Younger Consumers - WSJ
• Russian-born Revolut boss denounces war in Ukraine
• Mickey Mantle Baseball Card NFT Sells for $471K in OpenSea Auction

Bitcoin is down slightly at $44,019
Ethereum is down .5% at $3,114
and Binance Coin is down slightly at $429

Mir Coin up 18%

Housecat emerges from stealth with $3.5M in funding

NYSE files for trademark focused on virtual goods and NFTs.

JPMorgan picks up a spot in Decentraland.

Congressman Warren Davidson introduces legislation to prohibit Feds from restricting the use of convertible virtual currency.

Links:

• Congressman Warren Davidson introduces bill to protect self-hosting of cryptocurrencies
• JPMorgan Enters the Metaverse With Virtual Decentraland Lounge - Blockworks
• NYSE moves closer to NFT trading with trademark application | Reuters
• Crypto copy-trading protocol Housecat emerges from stealth

Bitcoin is up slightly at $49,102
Ethereum is down .5% at $4,161
and Binance Coin is up slightly at $585

Mir Coin up 30%
KuCoin up 15%

CryptoPunk #4156 sells for $10.2M

Polygon acquiring Mir Protocol for $400M

Palm NFT studio raised $27M in a series B.

Paradigm is pulling in $35 million in a fundrais to expand into DeFi.

Links:

• Crypto derivatives platform Paradigm nabs $400 million valuation in funding round
• Polygon acquires ZK-rollups startup Mir Protocol for $400 million
• A rare CryptoPunk has sold at a record $10.2 million
• Microsoft leads $27 mln early-stage funding in crypto startup Palm NFT Studio | Reuters

Bitcoin is down 1% at $37,148
Ethereum is down 1% at $2,272
and Binance Coin is down 1% at $346

Mirror Protocol up 23%
Mir Coin up 23%
Celo up 15%

The government in Sichuan orders state power grid to cut the power supply for 26 bitcoin mining farms.

Bank of England executive Tom Mutton speaks about CBDCs

BitDAO raised 230M through a private token sale

Blockchain analytics firm TRM Labs raises $14M in a series A

Links:

• BitDAO Raises $230M for Decentralized Crypto Investment Fund - CoinDesk
• Decentralized derivatives platform SynFutures raises $14 million
• Sichuan orders state power grid to cut supply for 26 bitcoin mining farms
• Central Bank Digital Currency: An update on the Bank of England’s work - speech by Tom Mutton | Bank of England
• Blockchain analytics firm TRM Labs raises $14 million Series A

Bitcoin is down .5% at $39,104
Ethereum is down .5% at $2,419
and Binance Coin is down slightly at $358

XFin Network up 22%
Mir Coin up 15%

The World Bank rejects El Salvador’s request for help implementing Bitcoin as legal tender

US House Republican’s campaign arm will take donations in cryptocurrency

Iron Finance had a catastrophic day yesterday

a16z is backing Goldfinch

Links:

• a16z backs DeFi project Goldfinch, which aims to reshape lending
• World Bank rejects El Salvador request for help on bitcoin implementation | Reuters
• House Republican campaign arm to accept cryptocurrency donations - Axios
• Iron Finance's Titan Token Falls to Near Zero in DeFi Panic Sell - CoinDesk
• STEEL compensation (07 May 2021 ValueDeFi incident) | by Iron.Finance | Jun, 2021 | Medium

Bitcoin is down slightly at $50,734
Ethereum is down 1% at $1664
and Binance Coin is down .5% at 238.85

Top gainers in the last 24 hours:
Mir coin up 20%
Aave up 16%
Uniswap up 15%

The IRS issued clarification around crypto taxable events.

DeFi Project Meerkat was apparently exploited for $31 million worth of crypto

Ethereum’s EIP 1559 proposal set for July

Links:

• Ethereum's 'EIP 1559' Fee Market Overhaul Greenlit for July - CoinDesk
• Rug pull? DeFi project Meerkat drained by $31M on Binance Smart Chain
• Frequently Asked Questions on Virtual Currency Transactions | Internal Revenue Service