✅ During this week, the crypto market corrected a lot, at the beginning of the week, Bitcoin was trading at $72.6k, but by the end, it fell to $61.3k due to fears of war in the Middle East, after which the price rebounded and currently is trading at around $65k 🫡

Weekly news digest:

💎 Crypto

🔸 Crypto sleuth warns of scammers running Leaper Finance project on Blast

🔸 Lending protocol on Blast Pac Finance caused $24 million in liquidations after a sudden parameter change

🔸 BlackRock launched a Bitcoin ETF advertising campaign on Bloomberg's homepage

🔸 Some ads on the official Etherscan website are scams ⚠️

🔸 Omni Network announced their OMNI token airdrop

🔸 The BingX crypto exchange is allowing sanctioned Iranian users to evade restrictions

🔸 Bitfinex is launching a $6.25 million tokenized debt issue to construct a Hampton by Hilton hotel

🔸 Hong Kong may approve ETFs investing directly in both Bitcoin and Ether as soon as Monday

🔸 CPI numbers were hotter than expected with year-over-year inflation at 3.5% 📊

🔸 JP Morgan analysts say there is only a 50% chance ETH ETF will be approved in May

⚖️ Law and Order

🔸 SEC issues Wells notice against Uniswap over securities laws issues (UNI down 12.4% after this news)

🔸 Former Ethereum advisor Steven Nerayoff sues the US government. He is seeking nearly $10 billion in damages

🔸 STFIL DeFi protocol stated that the Chinese police are investigating the team and FIL tokens were transferred to an unknown address 🇨🇳

🔸 A Montenegrin court once again approved the extradition of Do Kwon

🔸 Hacker sentenced to 3 years in prison over $12 million from Nirvana Finance and a Crema Finance DEX

🔸 Ripple CEO predicts total crypto market cap will top $5 trillion by the end of 2024

🔸 HEX founder Richard Heart has filed his motion to dismiss in the court to toss the SEC lawsuit against him

🔸 A Brazilian judge has opened an investigation into Elon Musk for dying a court order to remove some user accounts from X