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According to Foresight News, Aptos has set a new record in the L1 industry with a daily trading volume of $95.6 million on May 24, as per data from Artemis.
According to ChainCatcher: Dubai-based cryptocurrency trading platform BitOasis has successfully completed a $30 million Series B financing round.
While the outlook may seem gloomy, more positive developments could occur once the macro dust settles. Notably, this week there was progress on the regulatory front, with the SEC dropping charges against Uniswap, one of the leading decentralized exchanges, and mulling the same regarding its issues with Consensys.
Gold-backed cryptocurrencies have been outperforming the wider cryptocurrency market so far this year. While PAXG and XAUT are up roughly 14% year-to-date