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💰 Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction Activity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite a stellar start last month. Runes takes the Ordinals protocol a step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🟠 Binance Kazakhstan Secures ISO Certifications for Security and Privacy Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance with the highest industry standards. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

⬜️ Founder of dYdX steps down as CEO of firm behind decentralized exchange Antonio Juliano, founder and CEO of dYdX Trading Inc., the developer behind the decentralized derivatives exchange dYdX, has stepped down as CEO, citing personal and professional reasons. “The change wasn’t sudden to the internal team, employees, or stakeholders. It had been in discussion," a spokesperson told The Block. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

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💰 Bitcoin ETFs Holding Now Accounts For 4.5% Of The Total Bitcoin Supply According to data from HODL15Capital, as of May 10, Bitcoin exchange-traded funds (ETFs) worldwide collectively held 949,756 Bitcoins. The Bitcoin ETFs holding is constituting 4.5% of the total Bitcoin supply. U.S.-based spot Bitcoin ETFs acquired 1,318 Bitcoins throughout the week, with GBTC experiencing outflows. Glassnode highlighted that Bitcoin reached a pivotal phase three months ahead of Ethereum, with the news surrounding ETFs significantly impacting this acceleration. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 ARK and 21Shares drop staking plans from Ethereum ETF proposal ARK Invest and 21Shares have removed staking plans from their updated spot Ether exchange-traded fund proposal. In the updated filing submitted on Friday, May 10, the clause stating 21Shares would stake a portion of the fund’s assets through third-party providers was removed. It previously said, “Sponsor may, from time to time, stake a portion of the Trust’s assets through one or more trusted Staking Providers.” Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🏦 Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as Friend.Tech. Additionally, Base has experienced a notable surge in the supply of USDC on its network, surpassing $2.5 billion. This increase coincided with Coinbase’s announcement in December 2023 of free USDC transfers on Base via the Coinbase Wallet, indicating a strategic move to boost Base’s ecosystem and facilitate seamless transactions for users. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🔵 Franklin Templeton claims Coinbase-incubated Ethereum Layer 2 Base has 'hit a homerun' in SocialFi Asset manager and spot bitcoin exchange-traded fund issuer Franklin Templeton said the Coinbase-incubated Ethereum Layer 2 network Base has “hit a home run” in SocialFi, driven by activity on applications such as Friend.Tech. Base accounts for around 46% of all SocialFi transactions, according to a report by Franklin Templeton on Thursday — eating into the market share of Polygon and BNB Chain in the niche. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🇺🇸 Robinhood CEO says Americans should be able to access crypto as it becomes 'more important' Robinhood CEO Vlad Tenev said Wednesday that his firm is taking a stance for customers and that it was "not acceptable" for crypto not to be accessible to Americans. During the same interview, Tenev also noted that his firm met 16 times with the Securities and Exchange Commission before receiving a Wells Notice from the regulator. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin mining energy consumption drops to two-month low Bitcoin mining-related energy consumption dropped to a two-month low May 8 as rising power prices squeezed profitability. S&P Global Commodity Insights Bitcoin Energy Consumption Index estimated network energy consumption at 916.89 MWh/bitcoin May 8, or 412.6 GWh for a total of 450 bitcoin mined on the day, the lowest level since March 7, and down from the "post-halving" peak of 1,024 MWh/bitcoin April 20. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews