Gate Cryptocurrency News and Market Analysis

LG Display announced on April 23 that first-quarter operating profit surged 338% to 146.7 billion won (US$99.8 million), marking its third consecutive quarterly profit, despite a 9% year-on-year revenue decline to 5.5 trillion won (US$3.76 billion), according to the company's earnings report.

Lenovo opened an artificial intelligence innovation center on April 23 at the Hong Kong-Shenzhen Innovation and Technology Park, according to Xinhua. The move makes Lenovo one of the first large multinational technology companies to establish operations in the Hong Kong Park of the Innovation

PACE Act introduces optional federal licensing for fintechs, requiring compliance, reserves, and oversight by the OCC. Direct access to Fed systems like FedNow and Fedwire aims to cut delays, lower costs, and reduce reliance on banks. Industry groups support the bill, citing improved

On April 22, Qianli Technology held an AI strategy and product launch event where chairman Yin Qi and co-chairman Zhao Ming unveiled an ambitious goal to achieve 8 million vehicles equipped with autonomous driving systems by 2028, according to the company announcement. The event detailed the

The American Bankers Association has called for more time on stablecoin rulemaking tied to the GENIUS Act, citing gaps in regulatory coordination. Summary American Bankers Association has asked regulators to extend the comment period on GENIUS Act stablecoin rules, citing lack of clarity from t

SHIB sees 82.5 billion tokens leaving exchanges, signaling reduced immediate selling pressure. Exchange flows remain mixed, showing cautious sentiment between buyers and sellers. Price stays stable, suggesting market indecision and possible early accumulation phase. Shiba Inu has

SHIB sees 82.5 billion tokens leaving exchanges, signaling reduced immediate selling pressure. Exchange flows remain mixed, showing cautious sentiment between buyers and sellers. Price stays stable, suggesting market indecision and possible early accumulation phase. Shiba Inu has

Bitcoin critics and gold supporter Peter Schiff posted on X on April 23, saying that the STRC perpetual preferred stock introduced by MicroStrategy (Strategy) is “the most obvious Ponzi scheme to date,” and criticizing the U.S. Securities and Exchange Commission (SEC) for failing to effectively stop Michael Saylor from promoting STRC.

According to a report by TASS on April 22, Ruslan Vestrovskiy, senior vice president and head of wealth management at Russia’s Sberbank, said at the Moscow Exchange Forum that once cryptocurrency-related regulation is implemented and exchanges begin organized trading, Sberbank will provide its customers with cryptocurrency trading services. On the same day, the Russian State Duma passed the first reading of a bill on cryptocurrency regulation.

Google CEO Sundar Pichai announced at Google Cloud Next in Las Vegas on April 22 that Google plans to invest $175 billion to $185 billion in 2026 in capital expenditures to build the infrastructure needed for autonomous AI agents, up from $31 billion in 2022.

According to the official April 23 announcement by the Google Jules team, Jules’s product positioning has been upgraded from an asynchronous coding agent to an “end-to-end agentic product development platform.” The new version can read the full product context, independently determine the next steps for building, and submit a PR. The official also announced that the new version candidate list is now open.

On April 22, the UK Financial Conduct Authority (FCA) announced that its enforcement team, together with Her Majesty’s Revenue and Customs (HMRC) and the Southwest Regional Organized Crime Unit (SWROCU), conducted raids on eight suspected illegal peer-to-peer (P2P) cryptocurrency trading venues in London on April 21, issuing stop orders at each location. The FCA confirmed that there are currently no legally registered P2P crypto platforms in the UK.

Vitalik Buterin made comments on April 23 regarding the Polymarket platform fan controller manipulation incident, saying that for this kind of event, prediction markets should be required to use at least 3 (or even more) independent sources’ medians as the basis for adjudication. Earlier, a user used a fan to raise the temperature data collected at a Paris weather sensing terminal, manipulated the outcome of a weather-related prediction market event, and profited about $34,000.

According to CoinTelegraph’s report on April 23, CertiK senior blockchain investigator Natalie Newson said that real-time deepfakes, phishing attacks, supply-chain vulnerabilities, and cross-chain vulnerabilities are the main sources of some of the largest-scale crypto hacking attacks in 2026. By 2026, the cryptocurrency industry has already lost more than $600 million due to hacking attacks.

Kenya’s Credit Bank has partnered with Anzens to pilot the USDA stablecoin, potentially becoming the first licensed commercial bank in an emerging market to directly mint and distribute a stablecoin. Key Takeaways: Credit Bank PLC and Anzens launched a pilot to slash cross-border payment fees to

Institutional crypto market maker GSR launched its first crypto exchange-traded fund, the GSR Crypto Core3 ETF (ticker: BESO), on April 22. The fund tracks three assets: Bitcoin, Ethereum, and Solana, charges a management fee of 1%, and offers staking incentives. According to Nasdaq data, BESO’s trading volume on its first day was 185,574 shares, with a trading value of about $4.8 million.