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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 11:22
    Beam Foundation: Over 110 Million BEAM Tokens Destroyed on May 1
    PANews reported on May 4 that the Beam Foundation announced on the X platform that it had destroyed 113,957,240 BEAM tokens on May 1, reducing the total supply of BEAM tokens by 40.9%.
  • 10:46
    Pump DEX 24-hour trading volume reaches $777 million, surpassing Raydium to rank second
    According to a report by Jinse Finance, data from Defillama shows that Pump DEX's 24-hour trading volume is $777 million, surpassing PancakeSwap and Raydium, second only to Uniswap. It is noteworthy that the DEX TVL of PancakeSwap and Raydium are $1.67 billion and $1.29 billion respectively, far exceeding Pump DEX's TVL of $80 million.
  • 09:50
    Market Cap of Gold-Backed Cryptocurrencies Grows 6% in the Past Month as Interest in Digital Gold Assets Rises
    PANews reported on May 4, according to CoinDesk, that the minting of gold-backed cryptocurrencies reached its highest level in nearly three years over the past month, driving the overall market capitalization of such tokens up by 6% to $1.43 billion. Meanwhile, the monthly transfer volume of gold-backed cryptocurrencies increased by 77% to $1.27 billion, indicating a significant rise in interest in digital gold assets. The latest report from the World Gold Council shows that total gold demand in the first quarter of this year reached 1,206 tons, a 1% increase year-on-year, marking the strongest first-quarter growth since 2016. Analysts believe that ETF investors and some crypto users are seeking programmable and on-chain traceable hedging tools amid rising gold prices, leading to increased interest in gold-backed crypto assets.
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