Important news in the cryptocurrency circle on May 17

In the first quarter of 2024, 937 financial institutions bought#Bitcointhrough ETFs, and the institutional adoption rate is ten times that of gold.

ETH/BTC hit a yearly low, leading to weakness in the ETH-BETA project.

Coinbase Future will list ONDO, PYTH and ZETA perpetual futures on May 23.

Upbit announced a warning on Stacks investment. STX

ALEX - ALEX suffered a phishing attack and lost 13.7 million STX. There is a possibility of delisting from the Korean exchange.

AIT-AIT Protocol announced that the new token economics will be released this Friday.

ICP-Dfinity launched an updated roadmap.

LINK-Chainlink announced the results of the Smart NAV industry pilot with DTCC and 10 major financial institutions, providing mutual fund data on the chain.

PYTH-Pyth Network announced the launch of a 50 million PYTH ecosystem grant program.

RDNT-Radiant Capital announced the launch of its first LRT market weETH on Arbitrum.

VANRY - Virtua announces Gamers Lounge app is coming soon,

TON - Tether announces partnership with TON Foundation and Oobit to develop seamless crypto payment solutions.

It seems pumpdotfun lost ~12.3k SOL (~$2 million) and a bunch of memes due to a possible private key leak. #ETH