🤖📊 Losses of OpenAI (developer of ChatGPT) roughly doubled to around $540 million last year #AI - theinformation

🇺🇸🏦 The US Senate Banking Committee held hearings on the recent collapse of major banks.

At the hearing, experts directly blamed poor governance on the recent spate of bank failures and feared that bank failures could lead to a recession in the US economy.

👀 #BTC Element to develop BRC20 tokens supporting Bitcoin Ordinals and NFT trading market twitter

🌝 #LUNA Terraform Labs seeks rejection of a class action lawsuit against the firm, arguing that said U.S. securities laws do not apply to its foreign-developed protocols

🇿🇼 The Central Bank of Zimbabwe will start selling the gold-backed digital currency to investors next week and will set a minimum amount of $10 for individuals and $5,000 for corporations and other entities.

👀 #ADA Layer 2 Hydra Expansion Solution Launched on Cardano Network twitter

🥳🤝 #ID #ENS SPACE ID partners with ENS to achieve mutual resolution of .bnb.eth and .eth.bnb twitter.com

⚠️ Rug Pull #YODA, scammers transferred 68 ETH.
twitter.com

🗣 cz_binance: Not everyone in crypto is a long term builder. Study Shows 36% of Top Crypto Projects Don't Blog This Year

📝 Artemis: We are happy to announce that we are opening the source code for Artemis, a framework for writing MEV bots in Rust.
paradigm.xyz

📝 #UNI The Uniswap community's proposal to "create a v3deployments.uniswap.eth subdomain" has been approved.
tally.xyz

🇺🇸 The White House has released the National Standards Strategy for Key and Emerging Technologies, including Digital Identity Infrastructure and Distributed Ledger Technologies (which could impact a number of key sectors of the economy).
whitehouse.gov

🇪🇺 EU. Retail sales (Mar): -1.2% (prog -0.1%; pre -0.8)

📊 In April, 60% (>$635M) of all NFT trades on Ethereum were fictitious.

🥳🏦 3 failed US banks had one auditor - KPMG. ft

📈 #ETH Ethereum active deposits hit an 8-month high.

📊 #PEPE #ETH Due to the PEPE hype, Ethereum gas fees have reached a yearly high. The average cost of a single transaction on Ethereum on May 4 exceeded $15.82.

📝 #BIT BitDAO proposes to merge the entire ecosystem into the current L2 Mantle network, the BIT token will be replaced by the Mantle token, and a new token design, exchange mechanism and exchange channel will be adopted. The existing governance and DAO will be called Mantle Governance.
bitdao.io

📊 Top 15 by market cap growth over the past 30 days