Loky (LOKY)
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About LOKY
Loky is an AI-powered agent, encapsulating a spirit of mischief, sharp wit, and profound market insights. Created by the DappLooker team, Loky enlivens DappLooker’s data with captivating banter and sharp market analysis. Drawing inspiration from the Norse god of mischief, Loky adopts the role of a witty trickster, delighting in crypto successes and playfully critiquing market errors with a unique style. He merges mythological qualities with an in-depth grasp of trading mechanics, ensuring that traders remain well-informed, entertained, and grounded. What Sets Loky Apart? 🎭 A Fusion of Mischief and Intelligence Loky goes beyond mere market tracking; he comprehends it. Armed with state-of-the-art AI, he detects trends, unveils patterns, and provides actionable insights, all laced with a delightful touch of humor.
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News
Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight
While some of Cetus Protocol’s funds exited the Sui network via bridges to Ethereum, $162 million remains frozen in the network due to the joint action of validators. The actions stemming from this hack have affected the crypto community's perception…

Big Short’s Michael Burry Bets on Lipstick to Combat Recession
Michael Burry, known for predicting the subprime mortgage crisis in 2008, sold a major portion of his holdings during Q1 to focus on a single cosmetics stock: Estée Lauder. Analysts believe Burry expects a recession, based on the notion that…

BTC Ranged, Alts Ripped, and Coinbase’s Rollercoaster Ride
Last week, while bitcoin ranged in place, Ethereum soared, Coinbase announced great and terrible news, and a Chinese firm released BTC acquisition plans. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly…

Stacks Resumes Block Production Amid Warnings of ‘Occasional Degradation’
Bitcoin Layer 2 blockchain solution Stacks announced on May 24 the resumption of block production after resolving issues related to "misbehavior stemming from the stacks-node's mempool syncing logic." Stacks Warns of 'Occasional Degradation' in Block Production On May 24, the…

Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?
Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline…
