📊 Report CoinShares on financial flows in crypto for the last week:
- Digital asset investment product outflows totaled $255M for the fifth consecutive week (of which $244M was #BTC and $11M was #ETH), the largest weekly outflow on record of 1, 0% of AuM;
- AuM fell by 10% over the week, returning to the levels of early 2023. The outflow also wiped out all inflows seen this year.

🙋‍♂ Former PayPal Finance Founder Flex Yan Launches Distributed Stablecoin HOPE twitter.com

🏴‍☠ PeopleDAO hacked via Google Sheets, #ETH worth $120,000 stolen theblock.com

📊 Review options from Deribit

🧯Circle burned 314 167 155 #USDC

💰 Web3 gaming platform Moxy completes over $10 million in funding from Shima Capital and others blockonomi.com

🍿🇺🇸 Biden prepares to speak about the banking situation

🍿🇺🇸 Biden calms down

https://www.youtube.com/watch?v=wxOitacBfoQ

🇺🇸🍿⚠️ Biden: everything is fine, the banks are great, the Fed and FDIC are handsome, I am a great fellow.

🤝 #AVT Aventus partners with Beatport and Polkadot

💰 South Korean Virtual K-pop Metaverse Company Afun Interactive Completes $5.3M Series A Interim Financing techtimes.com

🔛 PeckShield: Vitalik transferred 200 $ETH to Kraken in the last hour

🇺🇸 US Open S&P500: -1.05% Nasdaq: -0.85% Dow: -0.75%

⚠️🏦 Trading stopped: Customers Bancorp, Charles Schwab, Regions Financial, Western Alliance Bancorp, First Republic Bank

🙋‍♂ Coinbase: USDC:USD conversion has been restored and is now working as normal via API and UI. USDC will not automatically convert to $ on Coinbase Exchange.

🔛 Kuke Music acquires a 49% stake in Singapore's Web3 music platform KOLO.Market prnewswire.com

📊 Kaiko: Funding rates for #USDC perpetual futures have returned to neutral levels.

🖼 Top NFT trading platforms by the number of traders in the last 30 days

🔛 #GYEN and #ZUSD are now available on StellarX
medium.com

📈 #TUSD The circulating supply of TrueUSD has more than doubledover the past two weeks and exceeds $2 billion.

Also TUSD became the second largest stablecoin in terms of supply and transfers on the Tron blockchain (#TRX)
Previously:
- Part of fiat funds in $ kept at Signature Bank;
- Binance considers TrueUSD as an alternative stable, as well as minted 657 million TUSD on the Tron network and posted many pairs with TUSD;
- Huobi removed commission for TUSD