🗣 #ZEC Forward Industries Chairman and Multicoin Co-Founder Kyle Samani commented that “Web3 is dead. All we have is DeFi and DePIN.”

Earlier, StarkWare CEO and Zcash/StarkWare Co-Founder Eli Ben-Sasson noted that crypto seems to be experiencing an identity crisis, as long-time OGs are departing while institutions and TradFi are finally showing interest. He stated that this situation is challenging crypto’s core narrative.

🐳 Whales are accumulating $BTC.

Two newly created wallets withdrew 984 $BTC ($72M) from BitGo an hour ago.

💸 A trader sold 9 $BTC for $981K 75 days ago and opened a $FARTCOIN long position. Today, the position was completely liquidated, resulting in a loss of $896K, leaving only $84.6K.

🥷 #BTC #ETH #SOL According to CertiK, losses from hacks on crypto platforms in May decreased to $68.3 million, which is nearly 90% less than the $650 million lost in April.

🐳 A high in long-term holder supply is concealing a larger issue.

The buyers that fueled this cycle are no longer accumulating.

Whale balances are decreasing, and dolphin growth is continuing to decline.

Dive into the details.

🆕 $SLX listed on Bybit futures

🙅 $REQ has been delisted from Bybit futures.

🙅 $OL has been delisted from Bybit futures.

🙅 $GNO has been delisted from Bybit futures.

🇺🇸🤔 #SUPER Binance Adds U.S. Stocks In ‘Super App’ Push, Plans To Launch Tokenized Shares: Fortune

📊 #BNB Binance to launch US stock trading for non-US users.

🧑‍💻 #BNB Binance to allow conversion of US stocks to tokenized stocks on BNB blockchain. #rwa

🐳 Blackrock deposited 929 $BTC ($67.5M) and 36,449 $ETH ($72.23M) into Coinbase and is likely to deposit more.

🕵️‍♂️ 2,039.84 #BTC ($148,247,450)
aggregated inflows to Binance.

📊 #BTC Strategy sold 3 BTC last week.

🏦 #BTC #ETH #USDT OKX Releases 43rd Proof of Reserves, BTC and ETH Holdings Decline

OKX released its 43rd Proof of Reserves snapshot as of May 7.

User BTC holdings fell by 5,851 BTC (-5.0%) to 111,188 BTC, while ETH holdings decreased by 50,140 ETH (-3.12%) to 1.56 million ETH.

User USDT holdings increased by 28.1 million USDT (+0.28%) to 10.24 billion USDT.

📊 #BTC Strategy sold 3 BTC last week.

🆕 #LTC #DOGE Bitdeer (NASDAQ: BTDR) announced the launch of the SEALMINER DL1 Hydro, a hydro-cooled Scrypt miner supporting cryptocurrencies including LTC and DOGE.

The miner delivers a hash rate of 52.5 GH/s with an efficiency of 149 J/GH and a power consumption of 7,823 W.

X4

🗣 #ETH #BMNR Bitmine Adds 26,497 ETH, Holdings Reach 5.42 Million ETH

Bitmine (NYSE: BMNR) announced it acquired 26,497 ETH over the past week, bringing total holdings to 5.42 million ETH, equivalent to 4.49% of Ethereum’s circulating supply.

The company stated total crypto, cash, and other investments amount to $11.6 billion, including 4.72 million staked ETH, $446 million in cash, and stakes in Beast Industries and Eightco.

🔓 #HYPE #ZRO #ENA Token Unlocks Worth Over $1.8B Scheduled in Next Month

According to Tokenomist, more than $1.839 billion worth of token unlocks are scheduled over the next month.

Major cliff unlocks include:
HYPE
H
SAHARA
HOME
ZRO
SPK
ENA
WET
CONX
MEGA
ME
SUI
APT

Major linear unlocks include:
SOL
WLD
TRUMP
TAO
AVAX
NEAR
DOT
FIL
MORPHO