Community News:

1. Binance completed the 22nd BNB destruction, destroying more than 2.06 million BNB

According to the Binance announcement, the 22nd BNB quarterly destruction has been completed according to the BNB automatic destruction mechanism. A total of 2,064,494.32 BNB were destroyed, including an additional 7,181.03 BNB destroyed in the BNB Anti-Black Hole Plan.

 

Industry News:

1. Canon submits NFT trademark application and may launch NFT-related business

According to crypto KOL Eli.eth’s Twitter post, digital imaging giant Canon USA Corp. has filed an NFT-related trademark application involving “a mobile application that provides a trading marketplace for users of blockchain-based NFTs and NFT prints.”

2. Web3 infrastructure provider Parfin completes $15 million seed round of financing, led by Framework Ventures

Web3 infrastructure provider Parfin has completed a $15 million seed round of financing, led by Framework Ventures, with participation from Alexia Ventures, Valor Capital Group and L4 Venture Builder, an investment fund of the Brazilian Stock Exchange. (The Block)

3. Crypto bank Silvergate Capital suffered a net loss of $1 billion in Q4 last year, and a full-year loss of about $949 million

Crypto bank Silvergate Capital said it had a net loss attributable to shareholders of $1 billion in the three months ended December 31, 2022. This compared to net income of $18 million in the same period of 2021 and $40.6 million in the third quarter of last year. The fourth quarter loss ultimately led to a full-year loss of about $949 million, compared to net income of $75.5 million in 2021. (CoinDesk)

 

Policies and Regulations:

1. EU final vote on MiCA bill postponed to April

The European Union’s landmark crypto regulation, the Markets in Crypto Assets (MiCA) Act, will not be put to a final vote in the European Parliament until April, delaying the implementation of the new rules. (The Block)

2. Thailand SEC releases digital asset wallet regulatory rules: Crypto custody service providers must build a digital wallet management system

According to official news, the Securities and Exchange Commission of Thailand (SEC) today issued digital asset wallet regulatory rules, requiring digital asset business operators that provide custody services for customers' digital assets to establish a digital wallet management system to adapt to the efficient custody of digital assets and private keys and ensure the security of customer assets. (Planet Daily)