🚀🚀🚀Crypto market news Wednesday April 17, 2024
❇️ In the last 24 hours, 72,877 traders were liquidated, total liquidation amount was 203.08 million USD
The largest single liquidation happened on OKX - ETH-USD-SWAP worth 5.61 million USD
❇️ Crypto Valley Exchange (CVEX) has raised $7 million as it prepares to launch its mainnet later this year,
Capital was raised in pre-seed and seed rounds co-led by Fabric Ventures and Kyber Capital Crypto Fund, with contributions from AMDAX, Wave Digital, Funfair Ventures, Seier Capital Family Office, Five T Group and Saxon
❇️ According to CoinDesk, Tim Byun and Wei Lan, veteran executives at cryptocurrency exchange OKX, have left the company
❇️ According to Crypto Lawyer, SEC has 'very low' Uniswap win rate
❇️ Railgun, a cryptocurrency exchange, denies any links to North Korea and has recorded nearly $1 billion in trading volume. Despite facing strict scrutiny from regulators, Railgun continues to operate and focus on DeFi tokens.
❇️ Bitcoin-like mining protocol Ore pauses mining on Solana amid network congestion
❇️ Andreessen Horowitz (a16z) has successfully raised $7 billion for two new funds focusing on games and artificial intelligence (AI), of which $3 billion is for games and $3 billion for AI.
❇️ Solana DEX Drift prepares to airdrop 100 million tokens to users, according to Cindy Leow, Co-Founder of Drift
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