CPI Numbers were released this morning and they came in as expected and the market likes the news. It appears operation chokepoint crypto by the US Government is in full effect and it’s alarming. Avalanche CEO named to CFTC’s newly formed board. USDC back to peg. Instagram/Meta unwinding NFTs.

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

• A lot of negativity around stables and especially USDC, which makes up a good chunk of the DAI peg

• We know why FTX is here

• Aztec announced they are shutting down connect and building a new private L2

• Euler-exploit contagion spreads, hitting Yearn, Balancer, and several other protocols

• Kucoin getting hit with another lawsuit for operating in the state without a licenseSee most negative projects updated hourly.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

Filecoin (+222): FEVM releases todayAstar (+105): Collaborating with TokenCeres to help bring more transparency and security to exchanges in Polkadot ecosystemBAT (+111): Brave Firewall+VPN is now available on Desktop

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

Trending from yesterday 👍

1. A deep dive into what happened to SVB

2. USDC Post Mortem

3. US Says all SVB customers will have access to their deposits on Monday

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

New SVB CEO gets on a call with a number of VCs

Might be time to pump it

Kind of disturbing hearing this stuff

Instagram sunsetting NFT feature, guess I never knew they actually enabled it

Avalanche CEO, Emin Gün Sirer, appointed to the CFTC’s Technical Advisory Board

Euler Labs continue to look into exploit

Buckle up folks, because this is scary

Crypto is the easy scapegoat for the current pressure on banking industry, but in reality, it appears its self inflicted

USDC back where it belongs

NEW FEATURE ALERT

Meme of the Day: