🎢 Markets Dive After Fed Leaves Rates Unchanged
GM Defiers!
The Federal Reserve's projection of two more rate hikes this year has sent crypto markets tumbling. Meanwhile, U.S. federal judge has denied the SEC's request to freeze the assets of Binance.US, marking a significant development in the ongoing regulatory saga. Finally, we examine the implications of the recent Amazon Web Services outage on Ethereum and the broader Web3 ecosystem, highlighting the potential risks of centralized infrastructure.
✍️ In today’s newsletter:
- Bitcoin and Ether slide after 'hawkish pause' from Fed
- US court denies SEC's request to freeze Binance.US assets
- Web3 apps and services hit by AWS outage
🎬 WATCH
Watch our video on Uniswap V4. And check out our podcast with Alex Gluchowski, the CEO of Matter Labs.
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