DeFining news: April 21st, 2023
Watch out: the new wave of memecoins is here, with PEPE rallying 500x and taking up 7% of ETH gas usage.
A16z is getting into the L2 game with Magi.
Uniswap v3 is launching on the Polygon zkEVM.
Instead of a possible $4.9B Ethereum supply surge with PoW, now that PoS has been implemented the ETH supply has actually dropped by 100k ETH.
A mysterious wallet exploit targets only OG crypto holders. Stole over $10M already.
Maple Finance launched a pool for US Treasury yields this week.
In regulatory news, the SEC is basically trying to define many DeFi protocols as “exchanges” — and crypto experts are worried.
Meanwhile, Hong Kong ruled that crypto is property.
Why did Solana’s network crash so hard in April? They just published a detailed post mortem report.
A sandwich bot made $950k in one attack this week.
Ahead of its mainnet launch on May 3rd, SUI network announced that it will sell tokens at discounted prices to those who supported the network early.
Stay tuned!
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