Cryptocurrency Market Update on May 4th 📉Market Stats 💸Market capitalization: $1.24 billion 📈Index Value: 64 💱Sentiment: Greed 💰Volume 24h: $72.4 billion 📰News update ➡️FTX Group wants to claw back nearly $4 billion from Genesis Global Capital Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday. ➡️Ethereum supply now dropping by 1% a year Jury convicts former OpenSea product head after NFT insider trading trial Nathaniel Chastain, a former head of product for NFT marketplace OpenSea, was convicted Wednesday following a trial that focused on alleged NFT insider trading. ➡️ WallStreetBets-linked token plummets in price after mod appears to dump tokens A key figure behind a cryptocurrency associated with the WallStreetBets subreddit appears to have sold off a large number of the tokens that had been reserved for the team. ➡️Coinbase announced in a shocking notice to its users that beginning on May 10, 2023, Coinbase will be abruptly terminating its Coinbase Borrow service The company has made no public statement providing proper reasoning behind the decision, and it has sparked concerns that the exchange possibly suffered substantial losses from the service during the turmoil of the "crypto winter." Details: https://medium.com/kingdom-game-4-0/cryptocurrency-market-update-on-may-4th-1d31e650a5ca