Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February
Historically, bitcoin produces positive returns in February. But risks remain.

Market Wrap: Bitcoin Stalls Below $40K, Analysts Point to Risks in DeFi
Some observers are concerned about a "crypto winter."

Warner Music Partners With the Sandbox, Crypto Lunar New Year Gifts
Korean game developer Netmarble plans to issue own cryptocurrency. Warner Music Group partners with The Sandbox to create metaverse land. Crypto still a niche gift for Lunar New Year. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Warner Music Group to Launch ‘Concert Theme Park’ in Sandbox Metaverse
Warner Music Group (WMG) is entering the metaverse with a music-focused theme park in The Sandbox, featuring “concerts and musical experiences” from its star-studded roster of artists. "The Hash" squad discusses the latest major music player looking to expand its audience into virtual worlds.

The Sandbox Looks to Boost Metaverse Startups With $50M Incubator Program
The Animoca Brands subsidiary has committed to invest $250,000 in up to 40 metaverse projects each year over the next three years.

Grayscale Adds 25 Digital Assets to Its 'Under Consideration' List, Including DeFi, Metaverse Projects
The updated list of cryptocurrencies includes Axie Infinity, Yield Guild Games and Algorand.

Singapore VC Blockchain Founders Raises $75M for New Fund
The company has been an early investor in blockchain, crypto, Web 3 and metaverse startups.

Number of 'Active' Blockchain Games Doubled in Past Year to Almost 400
The prices of tokens for gaming projects like Axie Infinity have fallen recently, but user metrics in this subsector of cryptocurrencies are soaring.

First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall
The declines followed U.S. stock exchange losses as investors anticipate continued hawkishness by the U.S. Federal Reserve.

The Sandbox Co-founder on Future of Virtual Real Estate as PwC HK Buys Plot of LAND NFT
PwC Hong Kong, a subsidiary of consulting firm PricewaterhouseCoopers (PwC), has acquired a plot of LAND on Animoca-owned metaverse The Sandbox. The Sandbox co-founder and COO Sebastien Borget shares insights into the sale and what it means for the future of virtual real estate. Is 2022 the year of the metaverse?
