First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K
The CEO of the infamous Mt. Gox crypto exchange is re-entering the industry with a rating service. But is he in touch with the latest developments?; ether also falls.

First Mover Asia: What’s in HSBC’s Metaverse Fund for Hong Kong, Singapore Private Banking Clients?; Bitcoin Declines
The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls.

Ethereum Gas Usage Rose in March as Ether Ran to $3.5K
ERC-20 token generation last month was 125% above February's levels, even as developers continue to build new projects on other blockchains.

First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks
Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed.

First Mover Asia: South Korea's 'Kimchi Premium' Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
The gap between bitcoin prices on Korean crypto exchanges and global counterparts has declined from 20% to about 3% over the past year; bitcoin and ether tumbled.

First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this arrangement; bitcoin and ether fall.

First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat
A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.

Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin
BTC was down 1% as stocks rose. WAVES falls 25%.

Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Co-Founder Says
The post-Merge bond-like appeal and ESG-compliant label would make ether more attractive than other layer 1 cryptocurrencies, according to BitMEX co-founder Arthur Hayes.

Thousands of Ether From Ronin Exploit Moved to Tornado Cash, Data Show
More than 2,001 ether were moved Monday from addresses connected to the $625 million exploit, with about 70% passing to the privacy tool in the early hours, on-chain data show.
