🚀JUP Aidrop Distributes $680M Worth Of Tokens

GM Defiers!

Jupiter's airdrop is among the ten-largest in history, with early adopters receiving more than $680M worth of JUP tokens. The Solana-based decentralized exchange instantly emerged as the sixth-largest DEX by market cap following the token's launch.

Ethereum's Dencun upgrade was deployed to the Sepolia testnet without issue, marking the second of three testnet launches. The price of ETH is also up after the Standard Chartered bank tipped that spot Ether ETFs will receive regulatory approval in May.

Ethereum's Layer 2 ecosystem continues to expand, with Immutable launching the early access mainnet phase for its Polygon-powered zkEVM. Manta's native token is also at a more than $3.5B valuation 10 days after launching.

Ripple's co-founder lost $112M worth of XRP to hackers, but was able to notify exchanges to limit damages. Hackers also exploited the Abracadabra lending protocol for $6.5M.

Plus, Binance Labs invested in a project bringing liquid Ethereum restaking to BNB Chain, Vitalik penned his thoughts on possible convergences between AI and blockchain, and both German Police and the U.S. Drug Enforcement Agency announced record Bitcoin forfeitures.

✍️ In today’s newsletter:

• JUP airdrop worth $680M
• Dencun live on Sepolia
• Ether up on ETF speculation
• Ripple co-founder hacked for $112M
• Abracadbra's $6.5M exploit
• Binance invests in Puffer
• Vitalik on AI and web3
• German police seize $2.17B in BTC

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