The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink. Source: https://cointelegraph.com/news/real-world-assets-tokenization-lacks-infrastructure-not-just-regulation

The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote. …

Chinese billionaire using crypto to fight communism charged over $1 billion fraud, Do Kwon’s $11M bet comes due, Zhu Su bonds with Islam. Source: https://cointelegraph.com/magazine/chinese-billionaires-1b-fraud-charges-kwons-11m-bet-zhu-su-and-islam-asia-express/

The stablecoin issuer said as at U.S. banking close on Wednesday, it redeemed $3.8 billion USDC and minted $0.8 billion USDC. Source: https://cointelegraph.com/news/circle-clears-substantially-all-minting-and-redemption-backlog-for-usdc

Terra Luna’s former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia. Source: https://cointelegraph.com/news/1-year-after-11m-lunc-bets-do-kwon-wanted-funds-paid-hedge-stuck-on-ftx

Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT. Source: https://cointelegraph.com/news/circle-ceo-able-to-access-3-3b-of-usdc-s-reserves-at-silicon-valley-bank

Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain. Source: https://cointelegraph.com/news/goerli-forked-shanghai-upgrade-executed-on-testnet-but-not-without-issues

Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch. Source: https://cointelegraph.com/news/us-fed-faces-internal-probe-over-silicon-valley-bank-failure

Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed. Source: https://cointelegraph.com/news/fdic-to-attempt-another-auction-of-silicon-valley-bank-report

The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia. Source: https://cointelegraph.com/news/fbi-ny-authorities-probes-collapse-of-terrausd-stablecoin-report