In Ethereum, resources were up until recently limited, and priced, using a single resource called "gas". Gas is a measure of the amount of "computational effort" needed to process a given transaction or block. Gas merges together multiple types of "effort", most notably:

According to DefiLlama data, the total value locked (TVL) in Ethereum's re-staking protocol EigenLayer has fallen below $15 billion, currently at $14.794 billion.

The Hong Kong Bitcoin spot ETF had a net purchase of 101.6 bitcoins and a total holding of 4350 bitcoins on May 8th. The daily trading volume was 2.67 million US dollars, and the total net assets were 270 million US dollars. The daily BTC purchase came from Bosera HashKey and Huaxia Bitcoin ETF.

Encrypted mining company Core Scientific reported on Wednesday that it mined 2,825 bitcoins in the first quarter of 2024 (worth over $175 million at current prices).The company also reported a net profit of $210.7 million, compared to a net loss of about $400,000 last year. Its stock has resumed trading on Nasdaq after emerging from bankruptcy.

The Data Nerd reported that 3 hours ago, Whale 17Bu7 just deposited $757.7 worth of BTC (approximately $47.6 million) into #Coinbase.

According to DeFiLlama data, the total value locked (TVL) in Ethereum's liquidity re-staking protocol is currently $9.74 billion. The top five protocols by TVL are:

According to Farside Investors, the cumulative net inflow of the U.S. Bitcoin spot ETF has reached $11.7667 billion since its launch. Among them:

On May 8th, former Proof researcher punk9059 stated on X platform that currently, OpenSea's daily trading volume on the Ethereum NFT market is about 600 ETH, which is the lowest level since the NFT bull market began in May 2021. This number is down 99.1% from the peak in May 2022, when OpenSea's daily trading volume reached 66,000 ETH.

According to The Data Nerd's monitoring, within 10 hours, 2 wallets (with the same amount of SHIB) deposited a total of 211 billion SHIB (about 5.16 million US dollars) into Coinbase. These wallets accumulated these SHIBs last week, and if sold at the current price, it would cause a small loss (about 120,000 US dollars).

Nearly 90 million SHIB tokens were removed from circulation in the past 24 hours, and Shiba Inu's burning rate surged by 50,000%.