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In our May 2024 Finance Bridge, we look at Bitcoin's halving and recent market self-off, Ethereum's staking debates, and key trends, providing insights about the market direction for institutional traders.
For months Bitcoiners have been bitterly debating the Ordinals phenomenon and the large amount of trading activity and congestion they brought to the chain.
Liquid staking has become one of the largest sectors in DeFi, with over $44B in TVL. Restaking, and by extension liquid restaking, have also grown at an exponential rate, with restaking representing approximately $14.6B in TVL (of which $9.5B is in liquid restaking form).
If you’re an artist or creator, ensuring your work can withstand the test of time is one of the most important things you can do. NFT.Storage enables you to do just that thanks to the power of the Filecoin network and the InterPlanetary File System (IPFS). The process starts with generating a Content Identifier (CID).
LayerZero CEO Bryan Pellegrino stated on social media that up to 100,000 addresses have been identified as witches. Previously reported on May 4th, LayerZero officials stated that all witch users were given a chance to self-report within the next 14 days and those who did would receive an expected distribution of 15%.
On May 14th, the Ethereum Foundation announced that the fifth round of the Ethereum Protocol Fellowship (EPF) program is officially open for applications, with a deadline of May 26th.
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