According to Foresight News, Amy Lo, Co Head of Asia Wealth Management at UBS, stated that UBS' high net worth clients are increasingly withdrawing from US dollar assets and turning to gold, cryptocurrencies, and Chinese assets.
Odaily Planet Daily News: According to official announcements, Binance VIP has added new assets for borrowing: Kamino Finance(KMNO)、Maple Finance(SYRUP)、Space and Time(SXT)、StakeStone(STO)。
BlockBeats News: On May 14th, according to Bitcoin Laws, Michigan passed House Resolution 100, designating May 13th, 2025 as "Digital Asset Awareness Day".
The resolution encourages the implementation of activities and projects to promote a deeper understanding of digital assets and their impact on our society and economy.
Binance AVAX/USDT's perpetual trading volume surged tenfold within 10 minutes, reaching $337 million in the past 24 hours, an increase of 8.92%.
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
Click on the link to view details: https://www.gate.io/announcements/article/44956
According to official announcements, the on chain destruction of GateToken (GT) in Q1 2025 has been officially completed. A total of 1542910.7518074 GT were transferred to the destruction address, with a destruction value exceeding 33.84 million US dollars.
On chain transaction details can be found at: https://etherscan.io/tx/0x07d08231fb04140708621348b3e030978c4feedceb4113f214cf085732ce9ec4
Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous destruction mechanism, resulting in a significant reduction of approximately 59.54% in the total number of tokens from the initial 300 million. Key information for this destruction:
Quantity destroyed this time: 1542910.7518074 GT
The value of this destruction is approximately 33.8452 million US dollars
Accumulated destruction total: 178632323 GT
Accumulated total destruction value: approximately 3.92 billion US dollars (calculated at current prices)