⚡️LIT WEEK AHEAD⚡️
1. SEC Chair Gensler's Testimony on Digital Assets
2. #Ethereum Outperformance
3. Possible Altseason
4. Perpetual DEXes
5. Bonus: Hong Kong Web3 Festival Key Takeaways
5. Hong Kong's Web3 Festival Key Takeaways
🔸Hong Kong reiterate its commitment to become a crypto hub
🔸Regulators plan to regulate DeFi
🔸Hong Kong's crypto push is leaning towards institutions
✅Hong Kong's commitment to crypto will likely boost institutional adoption
⚡️LIT WEEK AHEAD⚡️
1. SEC Chair Gensler's Testimony on Digital Assets
2. #Ethereum Outperformance
3. Possible Altseason
4. Perpetual DEXes
5. Bonus: Hong Kong Web3 Festival Key Takeaways
4. Perpetual DEXes continue to gain traction as $INJ recently experienced a massive price increase
✅@Injective_ incentivizes developers to build on their platform while providing gasless trading for users
✅@GMX_io v2 to support synths
✅@dYdX v4 launch date on Cosmos is set
Derivatives marketplace @CMEGroup will soon offer daily expirations on bitcoin and either futures options contracts.
@HeleneBraunn reports
https://t.co/IxipeTUUfA
1/2
Attention KyberSwap Elastic Liquidity Providers:
We have identified a potential vulnerability, and as a precaution we strongly advise all Liquidity Providers to withdraw your funds on Elastic as soon as possible.
Investigations are ongoing and no user funds are lost.
Estimated current loss is ~7m USD.
Once again we hope the hacker will reach out back to us and we will be able to find a joint solution to resolve this matter. 🙏
Thank you everyone for your support and help during these difficult times. ❤️
⚡️WEEKLY WRAP
1. #Bitcoin reached $31k
2. US #CPI lowers down to 5%
3. #Ethereum Shapella Upgrade successfully executed, withdrawals are now enabled
4. Hong Kong's Metalpha Launches Grayscale-Based Digital Asset Fund Allowing Investors to Redeem $GBTC Shares
⚡️WEEKLY WRAP
1. #Bitcoin reached $31k
2. US #CPI lowers down to 5%
3. #Ethereum Shapella Upgrade successfully executed, withdrawals are now enabled
4. Hong Kong's Metalpha Launches Grayscale-Based Digital Asset Fund Allowing Investors to Redeem $GBTC Shares
5. #FTX has recovered $7.3 billion in assets and expected to resume operations in Q2
6. London Stock Exchange unit to clear #Bitcoin derivatives
7. @eToro announces #Crypto and Stock Trading Integration with
@Twitter
8. @Uniswap launched its own mobile wallet