Raydium LaunchLab created more than 119,000 tokens, with a graduation rate of only 0.21%

Dune data shows that since the launch of Raydium LaunchLab on April 16, the platform has created a total of 119,123 tokens, but only 253 of them have been successfully listed

LaunchLab by Raydium has so far deployed more than 119,123 tokens since April 16, but only 253 tokens have been listed on the external trading market, with a graduation rate of 0.21%.

Hyperliquid traders who earned over $15 million are shorting ETH, BTC and other mainstream currencies.

According to Lookonchain, a smart trader who made more than $15 million on Hyperliquid is now shorting tokens such as ETH, BTC, AVAX, SOL and USUAL, and has placed 100 ETH limit short orders between $2460 and $2480.

Beorn recently published an article on the X platform, pointing out that Berachain has three major design errors: not limiting Boyco TVL, not issuing BERA airdrop rewards to Boyco in the initial stage, and setting limits on the PoL treasury. These decisions are considered to be the main reasons for the decline in $BERA prices. In his comments, Smokey the Bera, the anonymous co-founder of Berachain, admitted that the first two were "major mistakes." He said that the PoL treasury was set too low in the initial stage, and the integration of Boyco was not limited, leading to a rapid decline in the BERA price after the launch. He also said that the PoL strategy shifted too quickly and it was also worth reflecting on.

According to The Block, Vladimir Smerkis, co-founder of Telegram Mini App "Blum" and former head of Binance CIS region, was arrested in Moscow on suspicion of large-scale fraud. The Zamoskvoretsky District Court in Moscow approved the request for his detention and launched an investigation under Article 159 of the Russian Criminal Code (particularly large-scale fraud). The Blum project subsequently announced that Smerkis had resigned as chief marketing officer and was no longer involved in project development or co-founder. It has been reported that the charges may be related to the The Token Fund and Tokenbox projects he previously led, which raised millions of dollars in funds but ultimately failed to deliver on their promises, causing investors to suffer losses. Blum launched the "Drop Game" in May 2024, where users earn "Blum Points" by clicking on snowflakes on the screen, and promised to redeem them for tokens in the future. However, the airdrop plan has been postponed many times, and there is no clear timetable for the token generation event (TGE) so far.

According to US media reports, on Sunday local time, the private office of former US President Biden issued a statement announcing that Biden was diagnosed with aggressive prostate cancer and that the cancer cells had spread to the bones.

A new report by Chainalysis has ranked North Korea as the leading state sponsor of cryptocurrency theft this year, with an estimated $2 billion stolen.

According to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in June is 91.4%, and the probability of a 25 basis point rate cut is 8.6%. The probability of the Fed keeping interest rates unchanged in July is 66.9%, the probability of a cumulative 25 basis point rate cut is 30.8%, and the probability of a cumulative 50 basis point rate cut is 2.3%.

PYTH, ZKJ, PIXEL and other tokens will be unlocked in large amounts next week. Among them, PYTH will unlock about 2.13 billion tokens at 10 pm Beijing time on May 19, accounting for 58.62% of the current circulation and worth about US$338 million.

Willy Woo, a well-known cryptocurrency analyst, wrote on the X platform that "Bitcoin has long passed the stage of several times the annual growth in 2017. 2020 is a key year for Bitcoin's institutionalization. Companies and sovereign institutions began to hoard Bitcoin, and the compound annual growth rate dropped from more than 100% to 30 to 40%. Bitcoin is now traded as the latest macro asset in 150 years. It will continue to absorb global capital until it reaches some kind of equilibrium point. Considering that long-term monetary expansion is about 5% and GDP growth is 3%, I think Bitcoin's final annual compound growth rate will stabilize at around 8%. It may take another 15 to 20 years before reaching the equilibrium point. There are almost no other publicly investable assets that can match Bitcoin in long-term performance."

According to the on-chain analyst Ember, in the past 25 hours, a whale has withdrawn 2.209 trillion PEPE from Binance to the chain, currently valued at $29.16 million. Excluding CEX addresses and addresses that have been