📈 #AVAX Since the launch of Avalanche Multiverse in March 2022, Avalanche subnet creation has increased significantly, with a total of 58 subnets created as of May 10, DeFi Kingdoms being the most active.

⛏ Stronghold Digital Mining reached the hash rate milestone of 3.0 EH/s, a month earlier than expected.
globenewswire.com

📝 #ETH #LDO Steakhouse Financial, the finance arm of the Lido DAO, has submitted a governance proposal (TMC-0) proposing to pledge all treasury ETH in Lido.
Research.lido.fi

💰 Web3 startup Transak raises $20M in a Series A round led by CE Innovation Capital.

🇺🇾⛏ #USDT Tether announces investment in energy production in Uruguay and launch of #BTC mining in the country.

📉 The #USDC dominance index fell from 34.88% to 23% over the year.

🤖🗣 #AI Katy Wood (ARK Invest): Nvidia shares are currently overvalued by investors. Other companies with visionary leaders, strong global distribution, and perhaps most importantly, large, high-quality proprietary data sets should be big winners in AI.

- In our view, Tesla (#TSLA) is the most obvious beneficiary in the AI ​​space as it aims to generate $8-10 trillion in autonomous mobility revenue by 2030. But based on our research over the past years, we see dozens of AI winners.

📊 #USDC #DAI The share of USDC in the collateral of the DAI stablecoin fell to 23.6%. Last August, USDC accounted for up to 50% of all DAI collateral.

👀 #TRX dWallet: A vulnerability has been discovered in TRON multisig accounts that puts over $500 million worth of digital assets at risk - it has been disclosed and patched so no user assets are currently at risk.

🇭🇰🥳 The Hong Kong Monetary Authority and the UAE Central Bank agree to strengthen cooperation in the field of regulation and development of virtual assets hkma.gov.hk

🔛 Chainalysis acquires real-time cryptographic data company Transpose. theblock.com

🇺🇸 Consumer Confidence (May): 102.3 (prev: 101.3)

🇮🇹 #AI Italy plans to create a state support fund to support start-ups in the field of AI Reuters.com

🖼 Top 15 blockchains by sales volume #NFT last 30 days.
#BTC posted the highest 30-day trading volume gain (+672%), followed by Cronos #CRO (+227%) and WAX #WAXP (+222%)

🙋‍♂ Paxful appoints Roshan Dhariya (worked as a senior manager at TrustToken) as a new interim CEO. twitter.com

🤝 #HOOK Hooked Protocol partnered with Animoca Brands

🤝 #TENET Tenet connected to the LayerZero internet protocol

👀 #BNB Binance may allow some of its institutional clients to store their trading collateral in a bank rather than on an exchange. bloomberg

🆕 #ATOM Ledger Live expands Cosmos ecosystem support by integrating Persistence (#XPRT), Onomy (#NOM) and Quicksilver (#QCK)

📉 Kaiko: The #BTC/Gold correlation has started to decline and is currently at 11%.