Cryptocurrency Market News Digest 05.04.2021–11.04.2021

We’re continuing our tradition: every week UCoin will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened on 04 through 11 April.

📌Total value locked in DeFi protocols has reached $50 billion. However, last week according to DeFiLama, this figure reached $100 billion.

📌Bitcoin network hashrate has hit a new all-time high. The total hashing rate of the first cryptocurrency has reached 179.4 EH/s.

📌12 cryptocurrency industry representatives have made it on the Forbes list of the richest people. In 2020 there were just three. Among the twelve moguls, the CEO of the derivatives exchange FTX, Sam Bankman-Fried, who was absent from the list just a year ago.

📌The cryptocurrency exchange Kraken has announced the possibility of going public in 2022, as confirmed by the CEO, Jesse Powell

Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!