MC2 Finance Weekly Roundup: Web3 Insights and Significant Moves

Hey there, welcome back to our newsletter! This week, we're excited to dive into the following awesome details with you.

Latest Updates in Web3: April 11 to April 17

It's been a tumultuous week for large-cap coins, with values fluctuating due to macro news, including potential conflict between Iran and Israel. Bitcoin saw a significant drop on the eve of halving, and many altcoins experienced a "halving" from their peak. Despite these upheavals, projects continue to release updates.

• Base has achieved over 4 billion USD in total value locked (TVL), significantly exceeding Ethereum and Arbitrum in transaction volume.
• The DEX platform Uniswap received a warning from the SEC, causing UNI prices to drop by 18%.
• A proposal from SushiSwap to transfer all assets from DAO to Labs was approved with 62.5% of the vote, leading to suspicions of vote manipulation.

Join us for a review of the past seven days in the market with MC2 Finance.

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Last Week at MC2 Finance: A Recap

What a bustling week it has been! Here are the key updates:

• Our Co-founders, Marine and Christoph, gave a successful pitch at The Davinci Stage during Paris Blockchain Week on 11th April. We were among the top 10 finalists out of 800 participants in the startup competition.

• We've established a partnership with AGNI to enhance DeFi on the Mantle Network. We're planning some thrilling surprises - stay tuned for announcements!

• Additionally, MC2 Finance is a top 10 finalist in the Finance & Insurance category of the 2024 >>venture>> Startup Competition!

Join us on our thrilling journey!

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Get Ready for an Exciting Week Ahead!

• Lynex Trading Challenge

Join our ongoing Trading Challenge, sponsored by Lynex, which began on 12th April and will continue until 3rd May. With a prize pool of $5,000, it's a fantastic opportunity you wouldn't want to miss. Participate now and stand a chance to win!

CREATE STRATEGIES AND JOIN NOW

• Upcoming X Space Event

Gear up for an engaging conversation at our forthcoming X Space event, Halving Hype: Bull Run Predictions, slated for April 24, 2024. The Halving is just around the corner, happening in 3 days! Be sure to join us, as this event is a great opportunity to garner tips and prepare yourself for it. Don't miss out on this chance to deepen your knowledge of DeFi and the potential of social trading.

Last week, we had an amazing time hosting over six speakers for the engaging topic of "Bridging Worlds: Tokenizing RWA". Our lineup of industry experts discussed how blockchain technology is revolutionizing how we perceive assets through tokenization, its advantages, and much more. If you couldn't join us, don't worry! You can catch up and listen again at this link.

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