EddieJayonCrypto

 15 May 24

tl;dr

• All Eyes on CPI!• Back to Cramer: MicroStrategy (MSTR) surges 105% in Q1 2024; stock has been added to the MSCI World Index• The Floki Inu community votes to burn $2.8 million worth of tokens, leading to an 11% surge in value and a significant increase in trading volume.• Ethereum co-founder Vital...

• All Eyes on CPI!
• Back to Cramer: MicroStrategy (MSTR) surges 105% in Q1 2024; stock has been added to the MSCI World Index
• The Floki Inu community votes to burn $2.8 million worth of tokens, leading to an 11% surge in value and a significant increase in trading volume.
• Ethereum co-founder Vitalik Buterin and PayPal co-founder Peter Thiel invest $70 million in the prediction platform Polymarket, reflecting growing interest in decentralized prediction markets despite regulatory challenges.
• Vitalik Buterin proposes EIP-7706 to refine Ethereum's fee structure by introducing a new gas class for calldata, aiming to reduce fees for data-heavy transactions and optimize network efficiency.
• Sonne Finance suffers a $20 million cyber-attack, pausing markets on Optimism and highlighting the importance of robust security measures in DeFi, while BlockTower Capital also experiences a cyber-attack affecting its hedge fund.
• Major exchanges freeze funds stolen from ALEX Lab following a $4.3 million Bitcoin DeFi attack, demonstrating the collaborative efforts to mitigate the impact of hacks in the crypto space.
• Circle Internet Financial relocates its legal headquarters to the US ahead of its IPO, aiming to align with US regulatory standards and enhance market confidence despite potential challenges.

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