Gate Cryptocurrency News and Market Analysis

Aave service providers put forth a governance proposal on Friday to contribute 25,000 ETH—worth nearly $58 million—from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following the Kelp DAO exploit. The proposed contribution would help close the

Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The two leading prediction markets, Polymarket and Kalshi, were inaccessible to researchers in the country. Finance Minister Dario Durigan stated that approximately 28 plat

The US Space Force awarded 12 companies, including SpaceX and Lockheed Martin, contracts worth up to US$3.2 billion to develop space-based missile interceptor prototypes under President Donald Trump's Golden Dome plan, according to Bloomberg. The program aims to build a system that can destroy

The US State Department issued a cable on April 24 to diplomatic and consular posts worldwide warning foreign governments about Chinese efforts to copy American AI systems through distillation, according to Reuters. The cable

Thrive Capital, a New York-based venture firm, has launched Thrive Eternal, a permanent capital holding designed to own a small number of long-term assets, according to The Economic Times. The new entity plans to acquire a minority stake in Major League Baseball team the San Francisco Giants,

U.S. Treasury Secretary Scott Bessent announced on Friday that the federal government is sanctioning multiple wallets linked to Iran as part of President Donald Trump's efforts to increase economic pressure on the country amid an ongoing ceasefire, according to CNN. The action follows Tether's

CATL unveiled its 'super swap integrated' network solution at its super technology day, combining battery swap and ultra-fast charging infrastructure to address profitability challenges across the energy replenishment sector. According to Yang Jun, General Manager of CATL's battery swap division, th

U.S. President Trump stated on April 23 that Americans should expect higher gasoline prices in the "short term" due to the Iran situation, according to CCTV News. The statement coincided with multiple U.S. airlines reporting significant financial pressure from Middle East conflict-driven jet fuel pr

Euro stablecoins have surged 1,200% under MiCA as regulatory clarity attracts institutional capital into euro-denominated digital assets, with controlled reserve management requiring 100% fiat-backing for EU stablecoin issuers boosting investor confidence by nearly 50%. The striking growth is

AWS Marketplace is integrating Chainlink's data standards and services, enabling developers and enterprises to combine AWS compute, storage, database, and API infrastructure with smart contract capabilities, according to an announcement on Friday. Three Chainlink Services Now Available AWS

JPMorgan Signals Tokenization as Industry-Wide Catalyst Ciarán Fitzpatrick, JPMorgan's global head of ETF product, securities services, stated in a Friday post that tokenization will drive fundamental change across the entire funds industry, not just exchange-traded funds. "We believe tokenization

Singapore Exchange's foreign exchange arm has partnered with Rand Merchant Bank to integrate African currency liquidity into its electronic trading platform, creating a direct link between regional markets and global participants. Under the arrangement, RMB will feed its pricing and liquidity

The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm incoming central bank chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine Pirro announced on Friday that she would be closing t

Fluent, an Ethereum-based Layer 2 network, activated its mainnet and native BLEND token on Friday, bringing online a "blended execution" environment designed to allow applications written for different virtual machines to operate inside the same chain state. The network launched with $50 million in

OptimX Markets has partnered with FactSet to integrate its bilateral liquidity network directly into the Portware execution management system, giving institutional traders access to broker-driven liquidity without leaving their existing execution workflow, according to the partnership

Shiba Inu is showing resilience despite a sharp increase in tokens moving to exchanges. Data indicates that 31.74 billion SHIB entered trading platforms within 24 hours, raising concerns about potential selling pressure. At the time of writing, SHIB trades at $0.000006229, marking a gain of 0.61% ov

Arthur Hayes Predicts Ethereum's Market Decline Arthur Hayes, co-founder of BitMEX, claimed in a recent interview that Ethereum (ETH) will fall out of the top three cryptocurrencies by market capitalization by 2030. According to Hayes, AI-focused altcoins could replace Ethereum in this

Decentralized perpetuals exchange Lighter has launched Multi-Asset Margin today, enabling traders to post non-USDC assets as collateral for perpetual trading, according to Lighter's documentation. ETH is the first supported collateral asset. Users deposit a supported asset into their margin

Mantle, a Bybit-backed Ethereum Layer 2 network, proposed a loan of up to 30,000 ETH to Aave DAO to help the protocol absorb bad debt from the $292 million Kelp DAO exploit. On Thursday, the Mantle Core Contributor Team published proposal MIP-34, which detailed a strategic credit facility for Aave D