Digital Asset
Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before.

Nike and Hermès File Lawsuits for Trademark Infringement as Fashion Collides With NFTs
The sportswear brand says online sneaker reseller StockX is “blatantly freeriding” on its trademark.

How NFT Royalties Favor Artists
Louis Hall of Burn1 Coin and artist John Jennings explain to “Community Crypto” host Isaiah Jackson how the royalty structure of NFTs benefits artists, where creators can continually earn money from their work. Plus, Jennings discusses the similarities between the Pop art movement and the artistic works in the digital asset space.

MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement. This comes as bitcoin enters into a bear market. “The Hash” team discusses the specifics and the potential silver lining ahead.

OGs of NFTs Explain How the World of Non-Fungible Tokens is Evolving
In the inaugural episode of “NFT All-Stars,” the animated panel of artists and crypto experts explains how they got into NFTs and the potential of these digital assets.

India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee Launch
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity.

Anchorage Closes In on FDIC Crypto Custodian Deal, Documents Show
The three-year deal would have Anchorage act as a crypto asset manager and liquidator for the U.S. bank regulator.

Youbi Capital CEO on Asia vs. North America Crypto Trading
Bitcoin, ether, and other major cryptocurrencies showed signs of recovery Wednesday after hitting 6-month lows. Chen Li, CEO of private equity and venture capital (VC) firm Youbi Capital, shares his assessment of the digital asset space, sharing insights into trading activity and key trends emerging in the Asian crypto markets. Plus, why mining is not likely to return in China.
