● CoinShares: Digital asset investment products received $862 million in inflows last week
According to Foresight News, CoinShares data showed that digital asset investment products saw an inflow of US$862 million last week, of which Bitcoin saw an inflow of US$865 million, Ethereum saw an outflow of US$18.9 million, and Solana saw an inflow of US$6.1 million.
● There are less than 20 days left until Bitcoin halving
According to Binance Bitcoin halving data, there are less than 20 days left from the current block height to the Bitcoin halving. The next Bitcoin halving is expected to occur in April 2024 when the block height reaches 840,000, when the block reward will drop from 6.25 BTC to 3.125 BTC.
● a16z plans to invest $30 million in gaming startups
According to PANews, venture capital firm Andreessen Horowitz (a16z) plans to invest $30 million in multiple gaming startups. a16z general partner Andrew Chen said that US$30 million will be invested through the a16z Speedrun program in the next 45 days, and each startup that joins the Speedrun program will receive US$750,000. The application deadline for Speedrun is May 19th.
● Tether completes SOC 2 Type 1 audit
According to Odaily Planet Daily, Tether officially announced the completion of the SOC 2 Type 1 audit. This is a major security update for the stablecoin issuer. The SOC 2 Type 1 audit inspection is a security compliance standard set by the American Institute of Certified Public Accountants (AICPA). The report is based on security, availability, processing integrity and confidentiality, ensuring that Tether has strong IT controls in place to ensure its The system is secure, accessible when needed, and keeps information private.
● Ripple locks 800 million XRP in custodial wallets
According to Odaily Planet Daily, according to Whale Alert monitoring, Ripple has locked 800 million XRP in custodial wallets through two transactions (400 million XRP each), worth approximately $487,578,258.
● Argentina implements a mandatory registration system for virtual asset service providers
According to Odaily Planet Daily, Argentina’s National Securities Commission announced at the end of March the implementation of a new mandatory virtual asset service provider registration system, which applies to companies and individuals engaged in crypto asset business in the country. This new regulation will affect businesses that specialize in a variety of services, such as buying, selling, sending, receiving, lending or trading cryptocurrencies.
● Japan’s Hokkoku Bank launches Tochika, the first deposit-backed stablecoin
According to Odaily Planet Daily, Japan’s regional bank Hokkoku Bank announced the launch of the country’s first deposit-backed stablecoin Tochika. Users who already have a Hokkoku bank account can recharge through its APP and spend at local stores.
