• MStable’s community will vote this month on whether to accept an acquisition, merger offer or sunset its stablecoin investments service.
• The project has received offers from Spool DAO and Idle Finance for a merger, while DHEDGE and Origin Protocol are interested in an acquisition.
• Holders of mStable’s governance token will select which proposal to accept during a five-day voting period beginning on March 20.

MStable Mulls Over Acquisition, Merger Offers

MStable’s community will vote this month on whether to accept one of the offers or sunset its struggling stablecoin investments service. Three options are available: pursue a merger with another crypto project, greenlight its acquisition by another project or shut down its services entirely. Merger offers have come in from Spool DAO and Idle Finance, while DHEDGE and Origin Protocol are eyeing acquisitions of MStable. This vote is the project’s last-ditch attempt to breathe new life into its exchange after it suffered several setbacks such as low user adoption rate, declining product revenue and the exodus of many of its leaders, including co-founder.

Options For Community Vote

The proposal will go to a vote on March 20, with holders of mStable’s governance token selecting which proposal (merger or acquisition) to accept for a period of five days. A successful buyer would control MStable’s crypto assets and technology after sale goes through – this includes yield-generating stablecoin vaults. In addition, should the community decide to shutter mStable, product shutdown would be completed by end April 2022.

Underlying Issues Facing mStable

mStable has faced numerous issues that have led up to this point – lacklustre user adoption rate is one example having seen the product struggle to gain traction since launch in 2020; followed closely by declining revenues due to misalignment between products offered by mStable and customer needs/wants; leading eventually to exodus of many leaders including co-founder that greatly impacted overall operation/functioning of service provided by company.

Recent Developments

In light of all these issues , recent developments include potential mergers/acquisitions being made available for consideration (Spool Dao & Idle Finance for mergers; DHEDGE & Origin Protocol for acquisitions). All these proposals offer viable solutions that could potentially revive mstable’s operations – however it remains up to stakeholders via upcoming voting session (beginning 20th March) if any/all proposals should be accepted . Should majority decide in favour shutting down entire platform , then product shutdown will take place end April 2022 .

Conclusion

In conclusion , though mstable has faced some significant challenges over past year or so , there remain some viable solutions being proposed via potential mergers / acquisitions . It now falls upon stakeholders via upcoming voting session (beginning 20th March) if any / all proposals should be accepted , thereby potentially reviving operations at least partially .

• Yuga Labs, the parent company of Bored Ape Yacht Club, is launching its second test of its Otherside metaverse on March 25.
• The two hour narrative experience will be available to holders of Otherdeed NFTs, who can bring a guest with them for free.
• Up to 10,000 voyagers can take part in the experience and non-holders can watch via livestream on YouTube.

Yuga Labs’ Second Trip Set To Launch

Yuga Labs, the parent company of Bored Ape Yacht Club, has announced that it will launch its second test of its Otherside metaverse platform on March 25th. The two hour narrative experience will allow up to 10,000 holders of Otherdeed non-fungible tokens (NFTs) to participate in the journey as “voyagers” and each holder may bring a guest with them for free. Non-holders can still join in on the fun by watching a live stream of the event on YouTube.

Eligibility Requirements

In order to be eligible for the second trip, voyagers must hold one or more Otherdeed NFTs prior to the start date which are linked to land in the as-of-yet unreleased Otherside metaverse. Those who attended the first trip last July are also eligible for some unique rewards such as an Obelisk Piece linked to the overall narrative experience.

Test Event Overview

The two hour test event will be led by four captains from Yuga Labs’ team and is designed with a special focus on community building and storytelling within this new virtual world . This massive live experience is expected to accommodate up to 10,000 voyagers and provide an immersive journey into another realm filled with tales from around the globe including music, art and literature.

First Trip Recap

The first trip took place back in July 2022 and was attended by over 4,600 players which resulted in major congestion on Ethereum’s network due to all those transactions taking place at once . However it was still deemed an unforgettable success thanks largely in part due Koda booty that was given out during this exciting adventure into otherworldly realms!

Conclusion

Overall Yuga Labs’ highly anticipated second trip promises to deliver even more excitement than before with a two hour narrative experience full of surprises that awaits participants! Whether you’re holding one or more of their exclusive NFTs or just watching along via livestream everyone is invited along for this epic journey into uncharted territory!

• Silvergate Capital shares have dropped 29% in after-hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.
• Funds managed by State Street and BlackRock, as well as Ken Griffin’s Citadel Securities, have increased their stakes in recent weeks.
• The exact level of TradFi investors’ stakes is uncertain due to lack of recent data and market volatility.

Silvergate Capital Shares Drop After Going Concern Issues

Silvergate Capital shares have tumbled 29% in after-hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing. Facing losses stemming from the FTX collapse in November and regulatory inquiries on a number of fronts, Silvergate Capital said that the filing of its annual report would be delayed, further calling into question its ability to continue as a “going concern.”

Stakes Taken By TradFi Investors

Among the largest holders of Silvergate stock are funds managed by State Street and BlackRock, both of whom have added to stakes in recent weeks. Also, Ken Griffin’s Citadel Securities last week disclosed 5.5% of “market making positions” in the shares.

Uncertainty Over Extent Of Holdings

It is not clear if these stakes represent directional bets by traditional finance players and most filings were made on Dec. 31 according to FactSet data. There is also no recent data available to suggest if these funds remain invested at those levels given recent volatility in the stock.

Impact On Market

The uncertainty surrounding Silvergate’s financial position has caused investor confidence to waver which could lead to further market turbulence ahead for both crypto and traditional finance markets alike.

Foster Open Discourse

In light of this news it is important for industry leaders encourage open discourse between TradFi and Crypto stakeholders so that we can work together towards better understanding each other’s points of view and come up with solutions that will benefit all involved parties going forward

• The article discusses the importance of digital marketing in today’s business world.
• It focuses on how businesses can use digital channels to reach potential customers, as well as how to measure and analyse the success of their campaigns.
• It also looks at the challenges associated with digital marketing and how businesses can overcome them.

Introduction: The Significance of Digital Marketing

Digital marketing is becoming increasingly important for businesses in today’s world. With the rise of technology, more people are using online platforms to access information, buy products and services, or communicate with others. As a result, businesses need to ensure that they are taking advantage of these platforms to reach out to potential customers and build brand awareness. This is where digital marketing comes into play – it is an essential tool for any business looking to grow its customer base.

The Benefits of Digital Marketing

By utilising digital marketing, businesses can target specific audiences and track their progress in real-time. This allows them to adjust their strategies accordingly based on customer feedback and analytics data, leading to increased engagement and conversions. Additionally, it is cost-effective compared to other forms of advertising such as television or radio commercials, making it ideal for small businesses with limited budgets.

Measuring Success with Digital Marketing

Once a business has implemented a digital marketing strategy, it is essential that they measure its success in order to identify which areas require improvement or adjustment. To do this effectively requires an understanding of key performance indicators (KPIs) such as website visits, click-through rates (CTRs), leads generated and sales made from each campaign conducted by the business. By analysing these KPIs regularly, businesses can understand what works best for their audience and make informed decisions about adjustments required going forward.

Overcoming Challenges with Digital Marketing

Although there are many benefits associated with digital marketing, it does come with some challenges such as staying up-to-date with changing trends in technology or keeping up with algorithms used by search engines such as Google or Bing when ranking websites on their results pages (SERPs). In order to stay ahead of the competition when it comes to SEO rankings, businesses need to invest time into researching industry news related to SEO changes so they can adjust their content accordingly if necessary. Additionally, creating engaging content that resonates well with users is key for successful campaigns – something which requires creativity and knowledge about current trends within various industries or topics relevant for target audiences.

Conclusion: The Growing Importance of Digital Marketing

In conclusion, digital marketing is becoming an increasingly important factor for any business looking to succeed in today’s competitive marketplaces; not only does it provide cost effective methods for reaching out potential customers but also helps track progress over time so companies can make informed decisions about future strategies or adjustments needed within existing ones . Despite certain challenges associated with this form of advertising , investing time into researching industry news related to SEO changes , staying up-to-date on trends in technology , creating engaging content , investing money into paid campaigns etc., will help companies reap greater rewards from their efforts .

• Napster announced the acquisition of NFT music platform Mint Songs through its venture wing, Napster Ventures.
• Mint Songs allows artists to turn their music into NFTs, as well as create exclusive art for their fans.
• Nate Pham and Garrett Hughes were hired to lead Napster’s Web3 product initiatives and serve as an adviser respectively.

Napster Acquires Music-Focused NFT Platform

Napster has acquired NFT music platform Mint Songs through its venture wing, Napster Ventures, in an effort to move into the Web3 space. Mint Songs provides artists with the ability to turn their music into non-fungible tokens (NFTs) and create exclusive art for their fans. Former Head of Product Nate Pham and former Mint Songs co-founder and Chief Technology Officer Garrett Hughes have been hired by Napster to lead its Web3 product initiatives and serve as an adviser respectively.

Aims of Acquisition

The aim of this acquisition is to allow Napster to incorporate Mint Song’s Web3 strategy while also offering new revenue streams for artists engaging with fans in more engaging ways. Jon Vlassopulos, CEO of Napster said “We are in an unprecedented era of innovation in the digital music space and it feels like there have been more music startups formed in the last two to three years than in the previous 20.” He added that it was inspiring “to see so many talented teams pushing to create a music ecosystem that is better for artists and fans”.

Web3 Adoption

The news comes after other large companies such as Warner Music Group announced adoption plans for Web3 technology, which further demonstrates how companies are looking towards blockchain technology for potential growth opportunities within the industry. This acquisition by Napster marks one of the first times a major international streaming service has taken on a venture within the blockchain space.

Garrett Hughes’ Praise

Garrett Hughes had only praise for his former company’s new partner stating “Napster is exactly what we were looking for – they’re a partner that could take what we’ve built over the last two years…and continue to realize our goal of creating deep, engaging and innovative ways for artists to connect with fans that also offer them an opportunity to monetize that fandom.”

Conclusion

This acquisition serves as another reminder of how major corporations are beginning to recognize blockchain technology’s potential within their respective industries. With both Nate Pham and Garrett Hughes coming on board, it looks like Napster may be able take full advantage of all that blockchain tech has to offer in order help revolutionize its services going forward.

• The U.S. Securities and Exchange Commission (SEC) has issued its annual examination priorities, which includes extra scrutiny of crypto-related activities by broker-dealers and investment advisers.
• SEC examiners will focus on whether these firms are following their respective standards of care when making recommendations, referrals or providing investment advice related to cryptocurrencies.
• SEC Chair Gary Gensler stated that these priorities aim to protect investors in a time of growing markets, evolving technologies and new forms of risk.

U.S. SEC Announces 2021 Examination Priorites

The U.S. Securities and Exchange Commission (SEC) has announced its annual examination priorities for the upcoming year, which includes extra scrutiny of crypto-related activities by broker-dealers and investment advisers. According to a statement released Tuesday, SEC examiners will focus on whether these firms are following their respective standards of care when making recommendations, referrals or providing investment advice related to cryptocurrencies.

Aimed at Protecting Investors

SEC Chair Gary Gensler commented that the regulator’s priority is to protect investors in a time of growing markets, evolving technologies and new forms of risk posed by digital assets such as cryptocurrencies. He said that these examination objectives “look back at past activity” in order to ensure proper handling practices were followed by firms offering or advising about cryptocurrency investments services.

Focus on Crypto Custody Arrangements

The SEC’s annual priorities differ from last year’s which included a brief section on crypto with a specific focus on custody arrangements for digital assets held by registered investment advisors or other institutional investors looking to add cryptocurrency exposure into their portfolios. It was reported earlier this week that some registered investment advisors have recently been under increased scrutiny from the SEC regarding their compliance with such custody rules for crypto holdings within retirement accounts owned by individual investors .

Warning About Crypto Investments

Additionally, the agency issued a warning urging investors who may be considering adding cryptocurrency into self-administered retirement accounts to be cautious as they may not receive sufficient protection if something goes wrong with their investments due to lack of oversight in this area compared to traditional securities markets .

Conclusion

It is clear that the SEC is taking proactive steps towards ensuring investor protection amidst rapid growth in markets like cryptocurrency where there may be additional risks associated with participating compared to more established asset classes such as stocks or bonds . With its latest announcement regarding 2021 examination priorities , it appears that the regulator is committed to keeping an eye on how US broker-dealers are pitching crypto assets so that investors can make informed decisions before investing any money into digital assets .

Bullet Points:
• ImmutableX will soon launch the Immutable Passport, an all-in-one way for gaming studios to onboard gamers into Web3.
• The Immutable Passport is a non-custodial wallet, gamer profile and authentication solution.
• The suite of tools integrated into the Immutable Passport includes a secure digital wallet, fraud protection and seamless authentication.

ImmutableX is launching a revolutionary new tool to help new gamers join the blockchain and Web3 space. The Immutable Passport is an all-in-one passport system that will provide gaming studios with an easy way to onboard their players into Web3.

The Immutable Passport is a non-custodial wallet, gamer profile, and authentication solution. This means that Immutable does not hold on to a user’s private keys nor is it involved in signing transactions. Instead, the system is designed to be secure, compliant, and plug and play for any studio integrating Web3 components into their game.

The Immutable Passport comes with a suite of features that will make it easier for gamers to join the Web3 space. It includes a secure digital wallet, fraud protection, and seamless authentication. This means that gamers will be able to access the game with a single sign-on and will have all their digital assets protected from theft and fraud.

The Immutable Passport also provides gamers with an easy way to keep track of their digital assets. The wallet will store all of their digital items, enabling them to quickly access and manage their digital assets. It also includes an integrated marketplace that gamers can use to buy and sell digital assets.

With the Immutable Passport, gamers can also take advantage of various rewards and discounts that are available through the platform. This includes discounts on in-game purchases, rewards for completing tasks, and exclusive deals on digital assets.

The Immutable Passport is scheduled to launch in April 2023 and will be a great way for gamers to get started on Web3. The platform will provide gamers with a secure, compliant, and plug and play way to access the Web3 space. With the Immutable Passport, gamers will be able to access their digital assets, take advantage of rewards and discounts, and keep track of their digital items with ease.

Bullet Points:
• Bank of America released a research report saying that Central Bank Digital Currencies (CBDCs) and stablecoins have the potential to revolutionize global financial systems.
• The report noted that CBDCs do not change the definition of money, but will likely change how and when value is transferred.
• Bank of America believes that CBDCs are the most significant technological advancement in the history of money.

Bank of America recently released a research report which pointed out that Central Bank Digital Currencies (CBDCs) and stablecoins have the potential to revolutionize global financial systems. The report, which was authored by Alkesh Shah and other analysts, noted that CBDCs do not change the definition of money, but they will likely change how and when value is transferred. According to the report, the introduction of CBDCs could potentially drive advancements in the banking industry and improve the security of transactions and financial contracts.

CBDCs use blockchain technology in order to increase the efficiency and lower the cost of transferring value. This technology makes it possible to quickly and securely send money and other assets around the world. Additionally, the use of blockchain technology can help to reduce the risk of fraud and money laundering.

Bank of America believes that CBDCs are the natural evolution of money and payments, and are the most significant technological advancement in the history of money. The bank is confident that CBDCs could revolutionize global financial systems and provide a more efficient, secure, and cost-effective way for people to transfer value.

In addition to the potential for improvement in the banking industry, Bank of America also believes that the introduction of CBDCs could help facilitate the development of the digital economy. The report noted that CBDCs could enable new business models and provide a more efficient, secure, and cost-effective platform for businesses to operate on.

Bank of America has made it clear that they believe CBDCs will play an important role in reshaping the global economy in the future. The bank believes that the introduction of CBDCs could help to improve the efficiency of financial systems, reduce the risk of fraud, and provide a more secure way to transfer value. As the banking sector continues to evolve, it is likely that CBDCs will become increasingly popular and used by more people around the world.

• Bonk Inu (BONK) is offering more than 15,000 non-fungible token (NFT) collectibles on Solana marketplace Magic Eden on Tuesday.
• All BONK tokens used to mint the NFTs will be permanently burned.
• This NFT collection was made in collaboration with prominent Solana-based NFT projects.

Bonk Inu (BONK) is set to launch its latest initiative on the Solana blockchain – more than 15,000 non-fungible token (NFT) collectibles on the Solana-based marketplace Magic Eden. This news comes just days after BONK has attracted massive transaction volume and hype on the Solana network.

The representative from BONK told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned after they are used, adding to the scarcity of the NFTs. This is part of BONK’s long-term plan to maximize the utility of BONK tokens and to create a strong network effect on the Solana blockchain.

The NFTs will be made in collaboration with prominent Solana-based NFT projects and are fashioned as “premium collectibles”, meaning that they are valuable and rare. The NFTs will represent physical and virtual assets, such as artwork, music, and videos. Additionally, users who own the NFTs will be able to access exclusive benefits on the Magic Eden platform, such as discounts and early access to new products.

The launch of the NFTs on the Solana blockchain is a major step forward for BONK, as it will bring them closer to achieving their long-term goal of creating a thriving, decentralized economy on the Solana network. Additionally, the launch of the NFTs will help to further the adoption of the Solana blockchain and NFTs in general.

The launch of the NFTs is especially noteworthy given the recent news involving the collapse of FTX and the subsequent recovery of the Solana network. Despite the temporary disruption, the Solana network has proven to be resilient and has recovered quickly. The launch of the NFTs on Magic Eden is a testament to the strength and reliability of the Solana network and the projects that are built on it.

Overall, the launch of the BONK NFTs on Magic Eden is an exciting development for the Solana blockchain and the NFT space in general. As more projects launch on the Solana network, it is likely that the network will continue to grow and become even more popular.