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Asia
The9 Buys Data Center in Kyrgyzstan to Host 7,500 Antminers
The crypto miner expects the 31.5 MW facility to be ready in July.

Framework Ventures Exec on Future of Web 3 Gaming and DeFi
Framework Ventures Co-founder Vance Spencer discusses their $400 million fund to back Web 3 gaming and DeFi initiatives. Spencer highlights the shift from free-to-play to play-to-earn, competition with Web 2, and the increasing interest in play-to-earn gaming in the South East Asian and Latin American markets.

Hex Trust CEO on State of Crypto in Asia and Expansion Plans
Hex Trust CEO and Co-founder Alessio Quaglini discusses current trends in the Asia crypto markets, noting the regional impact of the China ban. Plus, a conversation about what Hex Trust plans to do with the $88 million the firm recently raised for crypto custody focused on the gaming sector.

Coinbase India Setback; Hong Kong’s Bitcoin ATMs
Coinbase’s India launch hits road bump. South Korea’s Shinhan bank sets precedent for corporate crypto accounts. Expert says Singapore still on track to become a global crypto hub. Hong Kong leads the way for Bitcoin ATMs in Asia, but is their future in doubt? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors.

Market Wrap: Altcoins Underperform as Traders Reduce Risk
BTC and stocks traded lower after Federal Reserve minutes signaled aggressive monetary tightening could be coming.

HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.

Kazakhstan Looks to Bring Crypto Exchanges to Central Asian Financial Hub
The exchanges would operate in the Astana International Financial Centre in cooperation with the Kazakhstani banks and government agencies.

Unstoppable Domains Hires Execs From Twitch and IBM
Former Twitch VP Sajjad Rehman will lead Europe efforts while former IBM executive Nilkanth Iyer will head up Asia.

Bitcoin Jumps to $40K Following Positive Shift Reported by Putin in Russia-Ukraine Talks
David Gan, OP Crypto founder & general partner, joins “First Mover” to provide his crypto markets update as bitcoin’s price jumps to $40,000 following Vladimir Putin’s statement about a positive shift in the peace talks with Ukraine.
