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U.S.-based mining pools Foundry USA and MARA Pool played a significant role, collectively mining more than 38.5% of all Bitcoin blocks.
XRP is slightly in the red today, though.
Quick Take The overall value of major gaming and Layer 2 projects declined in 2024, according to GMCI’s price indices, while other sectors—including Layer 1 tokens, memecoins, DePIN, and more—made gains. However, the gaming index doesn’t include TON, which grew over 100% this year as Telegram-based crypto games exploded in popularity.
The T3 Financial Crime Unit has reached a milestone, having frozen more than $100 million in criminal assets globally.
Quick Take Ripple CEO Brad Garlinghouse said that 75% of Ripple’s open job positions are based in the U.S. due to optimism for Donald Trump’s incoming administration. Crypto proponent Trump has promised to build a national bitcoin reserve and make the U.S. the “crypto capital” of the world.
- 02:26A Whale/Institution Unstakes 103,040.6 SOL Worth $17.7 MillionPANews reported on May 12 that, according to Onchain Lens monitoring, a certain whale/institution unstaked 103,040.6 SOL, valued at $17.7 million, after a month of inactivity. The whale still holds 3,369,634 SOL, valued at $584.09 million.
- 02:25Berachain Community Releases PoL V1.1 Proposal to Enhance BERA Value CapturePANews reported on May 12 that the Berachain community released a proposal v1.1 regarding improvements to the Proof of Liquidity (PoL) system and how to better achieve BERA value capture. The core content of the proposal includes: 1. Optimization of incentive fund allocation: The optimization of incentive fund allocation will pay (the variable portion of BGT incentives will be used to build permanent liquidity, including: ① establishing BERA-HONEY/BERA-mainstream asset liquidity pools on BEX; ② staking BERA to support validator nodes of ecological projects); 2. Directed use of BEX fees: Strengthening the liquidity construction of BERA mainstream trading pairs through an automatic incentive mechanism; 3. Relaxation of PoL participation standards: Lowering the entry threshold for the new reward treasury. These improvements will fundamentally enhance BERA's value capture capability, expand the scope of protocols built around PoL, increase the total scale of incentive income, and maintain the asymmetric income advantage of BGT contributors and LST holders.
- 02:03U.S. stock index futures extend gains, Nasdaq 100 futures rise 2%According to a report by Jinse Finance, U.S. stock index futures have expanded their gains, with Nasdaq 100 index futures rising by 2%.