In today’s briefing:
- Safe | May 27, 2023
- ETH Liquidity Shows Positive Trend
Safe | May 27, 2023
- The Web3 era, characterised by a decentralised internet and blockchain technology, presents opportunities and challenges in equal measure.
- Prominent among these challenges are security and usability issues, which demand a high degree of attention and innovativeness.
- Safe, formerly known as Gnosis Safe, a programmable smart contract account, stands at the forefront of this innovation, offering a multitude of benefits that greatly enhance the user experience overall.
ETH Liquidity Shows Positive Trend
- Since the collapse of FTX last year, there has been little good news on the liquidity front for crypto assets.
- The shutdown of the Signet and SEN fiat settlement networks in the US severely impacted market makers operational efficiency.
- This can be seen in 2% market depth for ETH, which dipped in March and has failed to recover to pre-FTX levels.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
