alpha un# weekly roundup

The crypto markets faced a turbulent week with regulatory shake-ups, major legal developments, and heightened scrutiny on high-profile figures. In Argentina, President Javier Milei faces political backlash and potential impeachment after endorsing $LIBRA, a Solana-based token that surged to a $4 billion market cap before crashing by over 90%. Meanwhile, FTX has initiated the first phase of customer repayments, disbursing $1.2 billion to small-claims creditors, offering partial relief to those affected by its 2022 collapse.

In another significant development, cryptocurrency custodian BitGo is reportedly considering an initial public offering (IPO) as early as this year.

DeFi highlights:

The DeFi sector saw a modest recovery, with Total Value Locked (TVL) rising 3% to approximately $130 billion. Renewed interest in yield farming and liquidity mining fueled this growth as traders sought stable returns amid market uncertainty.

Meanwhile, Southeast Asia is emerging as a key DeFi expansion hub, with projects increasingly targeting Indonesia and Thailand to tap into the region’s rising demand for DeFi services.

alpha un# podcast > celebrating 15K!

And in the other big news of the week - the alpha un# podcast has surpassed 15,000 subscribers. Hosted by Sri Misra, the podcast delves into the future of finance and the cutting edge of crypto, going beyond headlines to explore the "why" and "how" behind the crypto revolution.

It features conversations with founders and innovators shaping the crypto space, discussing topics like crypto taxes, regulations, bridging the trust gap in crypto, tokenizing real-world assets, and navigating the crypto rollercoaster.

Subscribe now and join the passionate community building the future of finance, blockchain technology, and the evolution of money!

learning node:

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