🚀 Hello crypto friends! Here is the latest news on blockchain and cryptocurrencies:
1. A Solana-based MEV bot made $1.7 million in a single trade by leveraging an inefficient $9 million Dogwifhat (WIF) buy.
2. Near Foundation laid off 40% of its staff despite strong financial results, seeking to focus on higher impact activities.
3. Web3 applications grew 124% in 2023, led by Near, Klaytn and Arbitrum, according to DappRadar.
4. The US CFTC seeks to mitigate DeFi risks and highlights promising opportunities in the ecosystem.
The top 100 DeFi tokens had a bullish week, boosted by the approval of the first Bitcoin (BTC) ETF in the United States. The total value locked in DeFi protocols has exceeded $65 billion.
What do you think of this news? Comments below! 👇
