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Crypto Morning Briefing: Voyager Redeems $150M of USDC to Fiat Through Circle

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Space ID Purchase Shows Avorak AI May Add ARB Liquidity

The purchase of a Space ID by Avorak AI may indicate that the company is planning to add liquidity to the Arbitrum network. A Space ID is a unique identifier that is used to represent a particular asset or resource on the blockchain, and is a key component of many blockchain-based applications and services.

OpenSea Teases April Integration of Solana NFTs

NFT traders will be able to buy and sell Solana NFTs on OpenSea's website starting next month, the firm hinted in a video promo it posted on Twitter.

Voyager Redeems $150M of USDC to Fiat Through Circle

Voyager Digital, a popular cryptocurrency broker, has redeemed $150 million worth of USDC stablecoin to fiat currency through Circle, a leading provider of digital asset financial services. The redemption was completed through Circle's USDC issuance and redemption platform, which allows users to convert USDC to fiat currency and vice versa.

Russia Delays CBDC Pilot To Await New Law

Russia has delayed its central bank digital currency (CBDC) pilot program, citing the need to await the passage of a new law regulating digital assets. The pilot program, which was originally scheduled to launch in late 2022, is now expected to begin in early 2024.

Breaking: Crypto Twitter, CEO “CZ” Refute China-Binance Link After US CFTC Suit

Changpeng Zhao (CZ), the CEO of Binance, one of the world's largest cryptocurrency exchanges, has reportedly cut ties with Chinese investors and partners following a lawsuit filed against Binance by the US Commodity Futures Trading Commission (CFTC).

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,410.16 USD, jumped by 3.45% in the last 24 hours;

ETH’s live price is $1,808.86 USD, jumped by 1.27% in the last 24 hours;

BNB’s live price is $316.21 USD, jumped by 0.43% in the last 24 hours;

XRP's live price is $0.55 USD, jumped by 5.88% in the last 24 hours.

Fundraising News

Dapper Labs Unveils $725 Million Ecosystem Fund for Flow Blockchain

Dapper Labs, the company behind the NFT-focused blockchain Flow, is launching a $725 million fund to attract developers to the network.

Metacade Raises Over $14.7M as Presale Set to Close in 72 Hours

Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.

Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs

Econia Labs, a startup developing an order book protocol for the Aptos blockchain, raised $6.5 million in a seed funding round led by Dragonfly.

Fetch. ai Raises $40M for Decentralized Machine Learning and Autonomous Agents Deployment

AI-focused crypto protocol Fetch. ai has raised $40 million from DWF Labs to deploy decentralized machine learning and autonomous agents on its platform.

Junggl Finance, Media and Data Secures Investment from Northbrook Capital Start-up Fund

Junggl Finance, Media and Data has secured a significant investment from Northbrook Capital Start-up Fund for its digital finance media, crypto web3, and AI solutions.

Vitraya Technologies Raises $5M in Series A for Healthcare Claim Settlement Platform

Healthcare claim settlement platform Vitraya Technologies has raised $5 million in a Series A funding round led by StartupXSeed, with participation from Season Two Ventures, Cactus, Xceedance, and the family office of Mankind Pharma. The Indian company plans to use the funds to hire skilled resources, scale existing products and technology, and expand global business development.

Investment DAO Hydra Ventures Raises $10M To Fund Other DAOs

Hydra Ventures, a decentralized investment fund, said it raised $10 million to invest in other investment-focused decentralized autonomous organizations (DAO).

Econia Labs Raises $6.5M for Aptos Protocol in Seed Funding Round Led by Dragonfly

Blockchain startup Econia Labs has raised $6.5 million in a seed funding round led by Dragonfly to expand its team, support community initiatives, and onboard developers to both the Aptos and Econia ecosystems.

Bitcoin Bitcoin $65,396.00
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  • USDC circulation decreased by $200 million in the past week, with a total circulation of $33.1 billion

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