Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 led ETH’s price to rally above $2,100, its highest level since May 2022.
Tribe Capital Managing Partner Boris Revsin discusses the outlook for venture capital (VC) funding into centralized exchanges in the wake of the FTX collapse. "We're quite bullish that we're going to get over this hump," Revsin said. "But it's painful right now."
Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November.