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SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18

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Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent days.

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Coin Market

‘US has left a vacuum that other countries are eager to fill’: Coinbase

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While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert.

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Coin Market

White House report takes aim at Bybit — and forgot about Deribit

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The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space.

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Coin Market

Animoca Brands cuts metaverse fund target to $800M: Report

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The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.

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