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Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI
The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market.

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources
Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.

Crypto Political Operation Targets California's Katie Porter by Undermining Her Base
A leading industry super PAC, Fairshake, is appealing directly to young crypto holders in Porter's state to reject the congresswoman's Senate bid

Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
"We are going to follow Uniswap's lead in proposing it. It will be up to the community to pass it," CEO Sam Kazemian said.

PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit
CAKE token holders will benefit from the success of affiliate forks as they will receive native DEX tokens from affiliates, if things go as planned.

Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.

Ripple-Owned Crypto Custody Firm Metaco's CEO and Head of Product Depart
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year.

Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.

India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.

Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors
