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Ether supply is increasing, reaching over 120.7 million coins, signaling a shift from deflation to inflation. Transaction fees have dropped significantly, impacting the burning rate and supply growth. Investors' interest is waning, with decreasing staking assets. Ethereum network activity remains stable. Transaction fees hit a historical low of $0.168.

Ethereum's price surged by 40% in the past week, reaching impressive levels not seen in months. Staked ETH returned to profit territory, easing selling pressure. Positive market sentiment and increasing trading volume support further price growth predictions.

The Bank of Korea aims to expand its authority to ensure financial system stability amidst growing popularity of digital assets. All stablecoins pegged to the national currency would require approval from both the BOK and the Financial Services Commission. Professor Kim Hyung-chul warns that authorization rules may hinder local cryptocurrency projects, but direct BOK involvement could boost investor trust. The BOK has no plans to create a Bitcoin reserve fund due to the cryptocurrency market's high volatility and instability.

Cardano is transitioning to a more open and flexible model to accelerate innovation while maintaining high security standards. Founder Charles Hoskinson announced significant changes, allowing greater developer participation and quicker feedback cycles to adapt to new protocols and economic realities. The shift aims to unlock the blockchain's full potential amidst growing competition from Ethereum and Solana.

The project Landmark involves installing Crypto.com crypto-terminals at Emarat gas stations in the UAE. Customers can pay for fuel directly through the Crypto.com app using QR codes and their preferred cryptocurrency. Pending regulatory approval, the crypto payment system will expand to Emarat's network of over 155 stations nationwide. Additionally, a branded Crypto.com service station will offer exclusive deals and joint promotions to enhance customer experience. The US SEC has officially closed its investigation into the Crypto.com exchange without taking any enforcement actions.

QuarkChain will conduct a token distribution snapshot on May 13 before the network transitions to Ethereum layer 2. QKC is a high-throughput blockchain platform designed to solve scalability issues. Its two-layer structure allows for high transaction throughput.

iExec is hosting a webinar with Dar Blockchain on May 16th at 15:00 UTC in Discord, discussing the decentralized platform for cloud computing on the Ethereum blockchain, emphasizing the importance of RLC token within the ecosystem.

Hedera will cease supporting MyHbarWallet gRPC-Web proxy servers on June 2. Developers are advised to adapt their dApps to alternative connection methods to avoid disruptions. Hedera's HBAR cryptocurrency supports decentralized applications and peer-to-peer payments.

FLOKI проведет сессию вопросов и ответов в X совместно с RICE AI. Мероприятие состоится 13 мая в 14:00 по UTC.
В ходе дискуссии будут обсуждаться вопросы, связанные с партнерством между двумя организациями, предстоящим запуском токена RICE на TokenFi, а также разработкой робота-компаньона с бренд

Operations on the Optimism main network resumed on May 12, allowing unrestricted transactions on the blockchain. Optimism is a Layer 2 solution for Ethereum, enhancing speed and scalability. Optimism leverages optimistic rollups, significantly boosting transaction efficiency and reducing costs. Its compatibility with Ethereum development tools simplifies application migration. OP token facilitates governance and protocol updates within the Optimism Collective community.

The number of documented cases of illegal electricity theft for cryptocurrency mining in Malaysia increased from 610 in 2018 to 2397 in 2024, leading to significant financial losses for TNB. The energy company urges authorities to impose stricter penalties for electricity theft.

BitGo receives MiCA license in Germany, expanding services across EU. The company can now offer regulated digital asset services in all EU countries, serving both crypto and traditional financial institutions. BitGo continues to enhance its service offerings, including staking via Babylon protocol.

Last week, Bitcoin spot exchange-traded funds (ETFs) recorded a net inflow of $600 million, down 67% from the previous week's $1.81 billion. Despite this decline, market sentiment remains bullish with growing open interest in futures and positive funding rates, indicating traders' confidence in further price appreciation. Despite the slowdown in ETF inflows, the overall market outlook remains optimistic and risk-on.
UP: Despite a decrease in Bitcoin ETF inflows, market sentiment remains bullish, with growing open interest in futures and positive funding rates indicating confidence in further price appreciation.

A man was attacked after a cryptocurrency event in Las Vegas, kidnapped, and threatened for his wallet passwords. The suspects were arrested, facing serious charges. Crypto-related crimes continue to rise globally.