DeFining news: April 21st, 2023 📢 ▪️The new wave of memecoins is here, with PEPE rallying 500x and taking up 7% of ETH gas usage. ▪️A16z is getting into the L2 game with Magi. ▪️Uniswap v3 is launching on the Polygon zkEVM. ▪️ETH supply has dropped by 100k ETH since the merge. ▪️A mysterious wallet exploit targets only OG crypto holders. Stole over $10M already. ▪️Maple Finance launched a pool for US Treasury yields this week. ▪️In regulatory news, the SEC is basically trying to define many DeFi protocols as “exchanges” — and crypto experts are worried. ▪️Meanwhile, Hong Kong ruled that crypto is property. ▪️Why did Solana’s network crash so hard in April? They just published a detailed post mortem report. ▪️A sandwich bot made $950k in one attack this week. ▪️SUI network announced that it will sell tokens at discounted prices to those who supported the network early.