Ethereum
Ethereum’s price hit a 10-month high after staking withdrawals went live, negating the views of those anticipating imminent sell pressure.
Business
Twitter’s “cashtag” feature will be upgraded to cover more financial instruments, and redirect users to eToro’s trading platform.
Uniswap announced that its mobile wallet app is finally out of “Apple jail” and live in several countries.
DeFi
The exploiters have already withdrawn $1.9 million after moving the stolen funds through coin mixer Tornado Cash.
DeFi insurance firm Nexus Mutual is seeking the recovery of $2 million in claims paid out to Euler Finance hack victims, who have since redeemed their funds.
An assessment on restarting the FTX exchange will take place in Q2, according to a timeline shared by bankruptcy attorneys.
The blockchain began processing withdrawal requests for staked ETH after the Shapella upgrade was activated on April 12.
Maple Finance is banking on a trend of real-world assets picking up in the decentralized lending sector.
The chief executives of Circle and BlockFi received letters asking them to disclose their rationale for banking with SVB.
On-chain analysts at Glassnode believe that the economic impact of unlocking staked ETH will be “a lot less dramatic than many have painted it to be.”