dig

According to Fortune magazine, in the context of a downturn in the crypto market in 2025 and the distribution of profits to investors, the portfolio values of crypto venture capital firms such as Paradigm and a16z crypto have significantly shrunk.According to filings with the U.S. Securities and Exchange Commission (SEC), the total assets under management (AUM) of four crypto funds under a16z crypto dropped nearly 40% from 2024 to 2025, falling to $9.5 billion. Part of the reason is that the firm began returning capital to investors from earlier funds, and the timing of the returns coincided with the market peak in 2025, with a net DPI (distributions to paid-in capital) of 5.4 for its first crypto fund.Multicoin Capital's AUM has more than halved, dropping to about $2.7 billion. Paradigm's holdings also slightly decreased by about 6%. Meanwhile, the total size of a16z crypto's parent company, Andreessen Horowitz, has exceeded $100 billion.The report points out that the shrinkage in assets under management reflects the decline in portfolio value due to the market downturn, and is also a sign of normal exits by VCs and the return of funds to limited partners (LPs). Some firms, such as Haun Ventures, have seen their AUM grow by over 30%, reaching around $2.5 billion.Currently, Paradigm is seeking to raise a new fund of $1.5 billion, and a16z crypto is also raising up to $2 billion for its fifth fund.

HIVE Digital Technologies (NASDAQ: HIVE) announced plans to issue $75 million of zero-coupon convertible senior notes due 2031 through a private placement to qualified institutional buyers, with an additional $15 million overallotment option for initial purchasers. The proceeds will be used for GPU procurement, data center construction, and general corporate purposes.Meanwhile, HIVE has received conditional listing approval from the Toronto Stock Exchange (TSX) and is expected to officially graduate from the TSX Venture Exchange to the TSX main board on April 30, 2026.

Digital art platform Blackdove announced the abandonment of its acquisition of the NFT platform Foundation. It stated that the purpose of acquiring Foundation was to improve Blackdove's software infrastructure. Due to the rapid progress of the acquisition, Blackdove only conducted due diligence after the operational handover was completed, but later realized that developing its own platform was the best direction, so it abandoned the acquisition. Currently, Foundation has been returned to its founder Kayvon Tehranian and the foundation team.Previously, Blackdove announced the acquisition of Foundation on January 28, 2026. Foundation was established in February 2021 and is an NFT platform focused on high-quality digital art, known for its curatorial model, emphasizing exclusivity, artistic quality, and creator empowerment, primarily serving digital artists and professional collectors. It has received investments from a16z, 1kx, and Coinbase Ventures.

Circle CEO Jeremy Allaire stated that Circle has expanded its collaboration with Upbit operator Dunamu to support the compliant adoption of digital assets and has enhanced its partnership with Bithumb to improve stablecoin infrastructure and raise market awareness of stablecoins.Jeremy Allaire mentioned that South Korea is rapidly advancing regulations on stablecoins and digital assets, with a high local cryptocurrency adoption rate. During his time in Seoul, he also met with representatives from KakaoGroup, Coinone, Hashed, Shinhan Bank, KB Financial Group, and Woori Bank.

The themed forum "Crypto 2026: From Cryptocurrency to Smart Economy", sponsored by Monera Digital and co-hosted by ChainCatcher and RootData, is now in the final 5-day countdown. This forum has received joint support from partners such as Tencent Cloud, HashKey Chain, Alchemy Pay, Kite AI, Sentient, Sign, Predict.fun, Monad, Brevis, UXLINK, OneBullEx, SVP Chain, OmenX, TurboFlow, LOTUS, Mentis, NeoSoul, Swap315, and is scheduled to be held on April 19 from 14:00 to 18:00 (GMT+8) in Hong Kong.As one of the important peripheral activities of the "Hong Kong Web3 Carnival", this forum will focus on the paradigm shift under the deep integration of AI technology and cryptocurrency networks, engaging in in-depth discussions on cutting-edge tracks such as AI Agent economy, smart payments, RWA, and cryptocurrency infrastructure. At the intersection of technological leap and economic form reconstruction, this themed forum is not only an insight into the current state of the industry but also a forward-looking reflection on the future intelligent economic system.Event registration: https://luma.com/18v6vwpf

According to Coinbase Chief Legal Officer Paul Grewal, Virginia Governor Abigail Spanberger has signed HB 798, a bill that extends the state's unclaimed property regulations to digital assets and ensures that digital assets can be managed for attribution as they are.This initiative aims to improve the legal attribution and handling mechanisms for digital assets. Paul Grewal expressed his gratitude for this.

According to official news, Tether has announced the launch of tether.wallet, a self-custody digital wallet that puts Tether's global financial infrastructure directly in the hands of users.With the launch of tether.wallet, this funding distribution network is now open directly to end users for the first time. This release marks a further extension of Tether's efforts in building an open financial system and expands its capabilities into products for everyday use.

The "Global RWA Digital Agriculture Ecological Summit" co-hosted by RWA Global Incubation Alliance and City Arrow Tower was successfully held today in Hong Kong. This summit focused on in-depth discussions on the application of RWA in the agricultural sector, as well as how agricultural infrastructure can achieve assetization and connect with global capital through digitization and financial structures.The conference emphasized the construction of agricultural RWA models, IoT data-driven asset confirmation, and pathways for SPVs and capital markets. Guests shared cutting-edge insights and practical experiences from multiple dimensions of industry, technology, and finance, further promoting the integrated development of physical agriculture and the Web3 financial system.This event received strong support from strategic partners such as GreenX, GreenPro Capital Corp, the Malaysia ESG Association, and the XGT Foundation, collectively facilitating the exchange and cooperation of the global RWA digital agriculture ecosystem.

According to market news, Nauru has appointed cryptocurrency entrepreneur Dadvan Yousuf as the International Trade Commissioner to advance its digital asset strategy and attract global investment.Nauru President David Adeang stated that this move aims to strengthen cross-border cooperation with virtual asset service providers, financial institutions, and technology companies, and to establish Nauru as a hub for virtual asset activities. Previously, Nauru had legislated through the Command Ridge Virtual Asset Authority (CRVAA) to oversee the regulation of virtual asset activities such as cryptocurrency companies and digital banks. Officials stated that Yousuf will assist Nauru in promoting international cooperation and compliance standards. Notably, Yousuf has previously attracted regulatory attention for the unlicensed sale of tokens in Switzerland through the cryptocurrency project he founded. This appointment marks a shift for Nauru from establishing a regulatory framework to actively promoting the digital asset industry.

The Hong Kong forum "Crypto 2026: From Cryptocurrency to Smart Economy," sponsored by Monera Digital and co-hosted by ChainCatcher and RootData, will be held on April 19 from 14:00 to 18:00 (GMT+8) in Hong Kong.It is reported that Gongye Feng, the founder of Monera Digital, will also attend the forum and deliver a keynote speech. Monera Digital is an institutional-grade crypto credit provider dedicated to offering advanced crypto lending infrastructure, structured yield products, and mortgage services to institutional financial clients and various high-net-worth individuals. Through its wholly-owned subsidiary Monera Trading, it conducts proprietary trading operations and provides clients with diversified liquidity management solutions. The core team of Monera Digital comes from well-known crypto asset management institutions, family offices, and super unicorn tech companies in the Asia-Pacific region, possessing deep industry insights, product design capabilities, and institutional-level service experience.As one of the important peripheral activities of the "Hong Kong Web3 Carnival," this forum will focus on the paradigm shift under the deep integration of AI technology and crypto networks, engaging in in-depth discussions on cutting-edge tracks such as the AI Agent economy, smart payments, RWA, and crypto infrastructure.Event registration: https://luma.com/18v6vwpf

According to BBX data, there was a surge in on-chain Ethereum staking actions yesterday, with cash flow management by mining companies and the continued increase in purchases by Bitcoin reserve companies intensifying the differentiation trend. The core dynamics are as follows:Bit Digital, Inc. (NASDAQ: $BTBT) confirmed by the on-chain analysis platform Lookonchain on April 13 that the company added approximately 29,900 ETH (approximately $65.3 million) through the Liquid Collective protocol yesterday, bringing the total staking amount for the week to 73,234 ETH (approximately $156.6 million). The company also holds approximately 27 million shares of AI computing infrastructure company WhiteFiber (NASDAQ: $WYFI) (with a market value of approximately $322.1 million as of March 31), forming a "ETH treasury + AI computing" dual-track structure, positioning itself as a "Strategic Asset Company (SAC)."Riot Platforms, Inc. (NASDAQ: $RIOT) as of April 7, sold 1,500 BTC within about five trading days, cashing out approximately $102.3 million, continuing the cash flow management model of selling immediately after mining.Strategy, Inc. (NASDAQ: $MSTR) disclosed on April 13 that the company purchased an additional 13,927 BTC from April 6 to 12, costing approximately $1 billion, with an average price of about $71,902; as of April 12, the company's total holdings reached 780,897 BTC, with a total cost of approximately $59.02 billion (average price of $75,577).

According to a report by businesswire, the asset management company WisdomTree released its monthly metrics report for March, which disclosed that despite the sluggish cryptocurrency market, thanks to the launch of tokenized currency market funds, its net inflow of digital assets reached $98 million in the first quarter of this year, with the digital asset management scale reaching a record $867 million as of March 31, 2026.

According to a report by businesswire, Nasdaq-listed Bitcoin treasury company Empery Digital disclosed that it sold 55 Bitcoins at an average price of $70,560 last week, generating total proceeds of approximately $3.9 million, and its total Bitcoin holdings have decreased to 2,934 coins.In addition, the company also disclosed that it has spent approximately $147 million to repurchase 25,805,396 shares of common stock, and will continue to sell Bitcoins as needed to fund future stock repurchases and possibly repay some outstanding debt.

According to DL News, STS Digital's CEO Maxime Seiler stated that Bitcoin traders are increasingly positioning themselves for a price decline.In a report, he noted that the demand for put options is significantly higher than that for call options, with investors paying a premium for downside protection while selling off bullish bets, reflecting a sense of panic in the market. This bearish signal comes as Bitcoin's trading price hovers slightly above $70,000.Previously, Bitcoin fell nearly 4% over the weekend due to President Trump's threat to block the Strait of Hormuz. On Monday, the U.S. Central Command announced that the Navy would intercept all vessels entering or leaving Iranian ports starting at 10 AM Eastern Time, causing oil prices to rebound above $100 per barrel.High oil prices mean rising inflationary pressures, which will be a major focus for global central bank governors at their meeting in late April. The prices of risk assets like Bitcoin are highly dependent on the policies of these institutions, as they determine the money supply in the financial system. The unresolved Middle East conflict will remain a focal point for the market this week.

According to Onchain Lens monitoring, the Nasdaq-listed mining company Bit Digital has staked 29,900 ETH, approximately 65.3 million USD.

According to the CoinShares research report (Issue 281), last week, digital asset investment products recorded a net inflow of $1.1 billion, the highest weekly level this year. The main reasons were that the U.S. CPI data was lower than expected and signs of a ceasefire in the situation in Iran, leading to a significant rebound in market risk appetite.In terms of asset distribution, Bitcoin led with a weekly inflow of $871 million, accumulating nearly $2 billion year-to-date; Ethereum saw a significant improvement in sentiment with an inflow of $196.5 million, but it still maintained a net outflow year-to-date; XRP had an inflow of $19.3 million; Solana experienced a slight outflow of $2.5 million. Notably, short Bitcoin products had an inflow of $20.2 million during the same period, marking the largest weekly inflow since November 2024, indicating that hedging demand still exists.On a regional level, the U.S. dominated this round of inflows, accounting for 95% of the total at $1.06 billion; Germany, Canada, and Switzerland recorded inflows of $34.6 million, $7.8 million, and $6.9 million, respectively. Trading volume increased by 13% week-on-week, but the weekly trading volume of $2.1 billion remains below the year-to-date average of $3.1 billion, and total assets under management have rebounded to early February levels.

According to a report by the Korea Herald, the nominee for the governor of the Bank of Korea, Shin Hyun-sung, stated in a written response during a personnel hearing at the National Assembly that central bank digital currency (CBDC) and commercial bank deposit tokens based on its issuance should become the core of the digital currency ecosystem. Shin Hyun-sung expressed basic support for the introduction of a Korean won stablecoin but emphasized that maintaining trust in the currency is the most important.Regarding the issuing entity of the Korean won stablecoin, he believes that South Korea is not a reserve currency country, and compliance capability is crucial. Therefore, he suggested prioritizing the issuance by a bank-centered alliance, allowing non-bank institutions to participate, and gradually expanding later. Shin Hyun-sung holds a cautious attitude towards the claim that stablecoins can enhance foreign exchange trading efficiency, believing that it is still unclear whether blockchain can comply with capital and foreign exchange regulations. He also stated that crypto assets, including stablecoins, have failed to meet the core functions of currency such as a measure of value, medium of exchange, and store of value, asserting that crypto assets cannot replace fiat currency.

According to Benzinga, digital asset financial services company Tok-Edge announced the launch of a crypto hedge fund aimed at institutional investors, with a goal of raising $100 million in its first round by 2026.It is reported that Tok-Edge had previously been in "stealth mode." The long-term goal of the new fund is to build a compliant crypto asset allocation infrastructure for institutions, with an initial size of $21 million. Traditional finance veteran investor Marcus Meijer and his investment alliance are the fund's investors, with the latter planning to provide $10 million as a cornerstone investor.

According to tracking data from the Web3 asset data platform RootData X, over the past 7 days, the largest digital asset exchange globally, Binance, has been the project with the most new followers among X (Twitter) top personalities. New influential figures on X who have followed this project include cryptocurrency trader Loomdart(@loomdart), Zeneca(@Zeneca), and crypto trader James Wynn(@JamesWynnReal).In addition, the projects with the most followers among X top personalities also include Axie Infinity, StarkWare, Ledger, and DeFi Pulse.