? Ethereum network crashed again, this time for more than an hour

This issue with block finalization does not affect normal users - transactions did not stop. It affects validators. The developers could not understand for a long time what the reason was, and then the Prysm client released an update containing the optimization of resource consumption during periods of instability. This client can ignore some errors that prevent finalization.

©️ @TrinityCryptoNews

? OKX has tightened the KYC procedure

The daily withdrawal limit for the first level of KYC has been reduced from 200 BTC to $5,000. The second level of KYC requires facial recognition. The withdrawal limit after the approval of the second level is $10 million.

©️ @TrinityCryptoNews

Bitcoin fell below $26,000 overnight, but it was quickly paid back and the price returned to around $27,000. Many altcoins showed comparative dynamics. As a result, the green color dominates the market and many altcoins are trading in positive territory compared to yesterday's quotes.

? Growth leaders among the top 100 over the past day: PEPE (+27%), LDO (+16%), KAVA (+10%).
? Beauty leaders: BSV (-5%), TON (-2%), XDC (-2%).

©️ @TrinityCryptoNews

❌ Two of the world's largest market makers Jane Street Group and Jump Crypto refuse to trade digital assets in the US due to tough measures from regulators against the industry

By the way, yesterday there were rumors that market makers left Binance US, so there was a bonus for bitcoin.

©️ @TrinityCryptoNews

⚡️OmniBOLT will add support for BRC20 tokens to the Lightning Network

Here, let them play with their peps, there the network bandwidth allows it.?

©️ @TrinityCryptoNews

? PayPal holds almost $1 billion in crypto assets

$943 million is client assets, most of which are in bitcoin and ether:

? In BTC — $499 million.
? In ETH — $362 million.

©️ @TrinityCryptoNews

Yesterday, there was high volatility on the Bitcoin charts. First, the price rose above $28,000 due to the release of good data on inflation in the US. Then fake information appeared on the network about the sale of BTC by the US government and the price dropped sharply. After the release of the refutation, it grew a little, but never returned to the levels above $28,000.

? Many altcoins have traditionally followed bitcoin. The leaders of decline over the past day: BSV (-11%), PEPE (-9%), LUNC (-5%).
? Meanwhile, KAVA grew by 8%, ATOM - by 5%, UNI - by 3%.

? There has been no strong price movement on the crypto market for many days. The top 20 assets are treading water, and there are interesting movements among the top 100.

? So, BSV has increased in price by 31% over the past day, KAVA - 13%, LUNC - 11%.
? Meanwhile, STX fell 7%, CSPR fell 6%, RNDR fell 6%.

©️ @TrinityCryptoNews

⚡️ MakerDAO rolled out the Spark lending platform

The first version of the Spark protocol and the Spark Lend platform based on it are presented. Spark Lend is a landing platform focused on DAI stablecoin.

? The idea is that the free liquidity of the DAI protocol is used for lending. That is, Maker pours DAI into Spark Lend, and users can borrow DAI at an initial rate of 1.11% per annum. The rate can then be changed by voting.

Spark is integrated with the MakerDAO stability module, allowing you to convert DAI to USDC at a 1:1 rate.

©️ @TrinityCryptoNews

? Lido is going to allow withdrawal of ETH from staking on May 15th

Moreover, the developers have made it so that the vault will immediately have about 270,000 ETH available for withdrawal. Thanks to this, it will be possible to withdraw coins without a long wait. Withdrawal requests will be processed within the first three days.

? As a reminder, Lido is the largest ETH staker by a wide margin over other platforms including Binance and Coinbase. There are over 6 million ETH.

©️ @TrinityCryptoNews