๐ค CryptoAttack ๐ฌ๐ง
๐ Report CoinShares on financial flows in crypto for the last week: Digital asset investment products posted a $32 million outflow, the fifth consecutive week of outflows. #BTC - $33M outflow and $1.3M short outflow. It is not clear why there is such a coordinatedโฆ
๐ Report CoinShares on financial flows in crypto for the last week:
Digital asset investment products posted a total outflow of $39 million, the 6th consecutive week of outflows.
#BTC - $11 million outflow. Short outflows of $11M, representing 36% of total AuM, while total AuM fell from a mid-May peak of $198M to $144M today.
Altcoins also experienced outflows last week, the most notable being #ALGO ($8M) and #ETH ($5.9M). #LTC ($0.5M) and #UNI ($0.2M) posted modest inflows.
Blockchain stock also saw a minor outflow of funds totaling $3.4 million last week.
Digital asset investment products posted a total outflow of $39 million, the 6th consecutive week of outflows.
#BTC - $11 million outflow. Short outflows of $11M, representing 36% of total AuM, while total AuM fell from a mid-May peak of $198M to $144M today.
Altcoins also experienced outflows last week, the most notable being #ALGO ($8M) and #ETH ($5.9M). #LTC ($0.5M) and #UNI ($0.2M) posted modest inflows.
Blockchain stock also saw a minor outflow of funds totaling $3.4 million last week.
๐ค CryptoAttack ๐ฌ๐ง
๐ฃ Open Campus: Some #EDUs were moved to another locked wallet on May 25th, ahead of the scheduled May 28th date. Tokens are not sold. We apologize, this shouldn't have happened. The tokens have been returned to the original wallet and will be unlocked accordingโฆ
๐ฃ #EDU Open Campus: 21M EDUs have been unlocked as per the announced schedule - 17M remain in the wallet, 4M have been sent to Binance today to provide liquidity.
twitter.com
twitter.com
๐ฌ๐ง Sber has expanded access to ComUnity's own DeFi platform to more developers. Participants will be able to test-connect to the Ethereum (#ETH)-based blockchain platform of the bank of the same name.
๐ #AVAX Since the launch of Avalanche Multiverse in March 2022, Avalanche subnet creation has increased significantly, with a total of 58 subnets created as of May 10, DeFi Kingdoms being the most active.
โ Stronghold Digital Mining reached the hash rate milestone of 3.0 EH/s, a month earlier than expected.
globenewswire.com
globenewswire.com
๐ #ETH #LDO Steakhouse Financial, the finance arm of the Lido DAO, has submitted a governance proposal (TMC-0) proposing to pledge all treasury ETH in Lido.
Research.lido.fi
Research.lido.fi
๐ฐ Web3 startup Transak raises $20M in a Series A round led by CE Innovation Capital.
๐ The #USDC dominance index fell from 34.88% to 23% over the year.
๐ค๐ฃ #AI Katy Wood (ARK Invest): Nvidia shares are currently overvalued by investors. Other companies with visionary leaders, strong global distribution, and perhaps most importantly, large, high-quality proprietary data sets should be big winners in AI.
- In our view, Tesla (#TSLA) is the most obvious beneficiary in the AI โโspace as it aims to generate $8-10 trillion in autonomous mobility revenue by 2030. But based on our research over the past years, we see dozens of AI winners.
- In our view, Tesla (#TSLA) is the most obvious beneficiary in the AI โโspace as it aims to generate $8-10 trillion in autonomous mobility revenue by 2030. But based on our research over the past years, we see dozens of AI winners.
๐ #TRX dWallet: A vulnerability has been discovered in TRON multisig accounts that puts over $500 million worth of digital assets at risk - it has been disclosed and patched so no user assets are currently at risk.
๐ญ๐ฐ๐ฅณ The Hong Kong Monetary Authority and the UAE Central Bank agree to strengthen cooperation in the field of regulation and development of virtual assets hkma.gov.hk
๐ Chainalysis acquires real-time cryptographic data company Transpose. theblock.com
๐ฎ๐น #AI Italy plans to create a state support fund to support start-ups in the field of AI Reuters.com
๐ค CryptoAttack ๐ฌ๐ง
๐ฅณ Paxful has resumed work
๐โโ Paxful appoints Roshan Dhariya (worked as a senior manager at TrustToken) as a new interim CEO. twitter.com