1.Celsius Network destroys 94% of total supply of CEL, worth over $89 million
2.USDC Treasury destroyed more than 200 million USDC
3.Pike was suspected of being hacked and lost 479 ETH
4.Fantom launches $6.5 million development fund, betting on safer memecoins
5.Yesterday, the U.S. spot Bitcoin ETF had a net outflow of $162 million
6.The balance of Binance Bitcoin wallet increased by 6249.36 in the past 24 hours, and 15565.89 inflows in the past 7 days
7.In April, NFT sales on the Bitcoin chain exceeded US$685 million, setting the third highest monthly record in history
8.On-chain content distribution agreement Metale Protocol completes additional $2 million in seed round financing
9.A whale deposited 1,140 MKR into Coinbase, losing about $1.1 million
10.The Bitcoin stablecoin project, bitSmiley, goes live with its Alphanet V1, marking its debut deployment on the Bitcoin Layer 2 network, Bitlayer.

Nick Timiraos, the "Fed's megaphone," wrote in his latest article that three consecutive months of disappointing inflation data have shattered the prospect of the Fed laying the groundwork for a summer rate cut today. The current issue is whether the stronger-than-expected wage growth in the previous quarter will prompt broader internal reflection within the Fed on how to manage the "last mile" of reducing inflation. Over the past six months, Powell has played down concerns about inflation, but the wage growth report released by the US Department of Labor on Tuesday may make the Fed's wait-and-see stance less comfortable. Within the central bank, some officials believe that there is no need to cut interest rates this year because the economy is strong and they are worried that inflation will stay well above 2.5%. The latest data provides them with support and increases the possibility that officials will wait to see more evidence of economic slowdown.

bitSmiley wraps up two rounds of beta testing and officially launches its Alphanet. According to bitSmiley’s official updates, the first phase of bitSmiley's Alphanet is deployed on the Bitlayer mainnet, accompanied by the introduction of the bitPoint pre-season. The pre-season will kick off today at 12pm UTC and run for ten days, with bitSmiley allocating 1% of tokens for airdrops to pre-season participants.

bitSmiley is the first project to propose minting native stablecoins through Bitcoin over-collateralization. Backed by OKX Ventures and ABCDE, it introduces a series of BTC DeFi products based on its stablecoin, bitUSD, and has already launched the AMM DEX bitCow. This Alphanet launch event will debut both the bitSmiley and bitCow products.

Additionally, the winning meme tokens that were in the previous Trumeme Show will go live and be available for trading on bitCow's DEX today at UTC 12pm.

Blockchain analyst Yu Jin has reported that a whale is selling WBTC on the chain. In the past 20 minutes, the whale has sold 500 WBTC (worth $28.42 million) at a price of $56,856. The whale previously sold 500 WBTC (worth $33.64 million) on March 15th at a price of $67,283 and bought back 500 WBTC (worth $30.76 million) on April 18th at a price of $61,436. They currently hold 653 WBTC (worth $37.13 million).

Bitcoin and other cryptocurrencies, including ether and altcoins, experienced a decline in value due to risk-off sentiment in financial markets ahead of the Federal Reserve's interest-rate decision and press conference. Bitcoin's value dropped below $58,000, marking its worst month since November 2022, and has fallen almost 9% in the last 24 hours. The broader crypto market, as measured by the CoinDesk 20 Index, has also lost more than 8.5%. Other major altcoins, such as solana, dogecoin, and avalanche, also experienced losses exceeding 10%.

Data from Dune shows that the total value locked (TVL) in Arbitrum's bridge has exceeded 3.7 million ETH, currently worth approximately $10.73 billion. The total number of user addresses on the bridge has also surpassed 720,028.

According to The Data Nerd, 13 hours ago, Whale 0x154 deposited 1140 MKR (approximately 2.95 million US dollars) into Coinbase. One month ago, he accumulated these tokens at an average entry price of 3,560 US dollars. If he sells at the current price, he will lose approximately 1.1 million US dollars.

OKX market data shows that BTC has reached $57,000 and is currently trading at $57,181.53, with a daily decline of 9.35%. The market is highly volatile, so please be prepared for risk control.

World of Dypians (WOD), an MMORPG on Epic Games, has been chosen to participate in BNB Chain's Airdrop Alliance Program chapter 2. The program aims to link notable projects with the BNB Chain community and offers rewards for eligible users across four campaigns in May and June. WOD will provide 100,000 WOD Tokens for Level 1 and another 100,000 WOD Tokens for Level 2 of the Airdrop Alliance Program. The four campaigns include unique tasks for users to win WOD tokens and premium subscriptions worth up to $100 each.

World of Dypians is joining BNB Chain's Airdrop Alliance Program chapter 2, offering up to 1 million WOD tokens and $225,000 worth of premium subscriptions. The program has four campaigns with different tasks and prize pools, with winners chosen through a raffle. Participants must complete the required tasks and winners will be announced 15 days after each event ends. World of Dypians is an MMORPG game with advanced AI and immersive gameplay, available for download on the Epic Games Store.

Barcelona-based startup GFAL has secured $3.2 million in seed funding from investors including Supercell Ltd and Mitch Lasky. The company plans to use the funds to expand its team and accelerate its game production plans, which leverage AI and Web3 technology for immersive gameplay. GFAL's Elemental Raiders mobile game soft-launched in March 2023, with plans to build on this for a 2024 launch. CEO Manel Sort expressed gratitude for the investment and excitement to work with former colleagues from Digital Chocolate.