Gate Crypto Flash News and Market Updates

Sequoia Capital has raised $7 billion for a new fund under Alfred Lin and Pat Grady, focusing on AI startups like OpenAI and Anthropic. This marks a shift in strategy, allowing investments in competing companies within the same sector.

An address linked to Arthur Hayes deposited 3,000 ETH, worth around $6.93 million, to major exchanges. The address now holds 5,278 ETH, valued at approximately $12.33 million, as on-chain actions attract market attention.

In four days, four wallets transferred 12.3 billion AKE tokens to a major exchange, equating to 55% of its circulating supply, and causing significant price fluctuations. This influx raised daily trading volume sharply, highlighting the exchange's role as a liquidity hub.

Gate News 消息，4 月 17 日，据 Gate 行情显示，截至发稿时，ARB（Arbitrum）现报 0.127美元，24 小时内上涨 9.50%，最高触及 0.133美元，最低回落至 0.116美元，24 小时交易量达 166.85 万美元。当前市值约为 7.68 亿美元。 Arbitrum 是一个为扩展以太坊而设计的技术套件。你可以使用 Arbitrum 链做所有你在以太坊上做的事情—使用 Web3 应用程序，部署智能合约等，但你的交易将更便宜更快速。其旗舰产品 Arbitrum Rollup 是一个继承了以太坊级别安全性的乐观的分片协议。 此消息不作为投资建议，投资需注意市

21Shares 总裁邓肯·莫伊尔（Duncan Moir）在公告声明中表示：「自成立以来，我们一直专注于提供便捷的数字资产投资管道。通过这款产品，我们将这种专业知识扩展到与比特币生态系统相关的股票挂钩投资领域。」莫伊尔同时表示，该产品「将高收益潜力与熟悉的交易所交易结构相结合」，面向机构及零售投资者。

Southbound funds from mainland China into Hong Kong stocks have seen a net buying increase of over 5 billion Hong Kong dollars as of April 17, according to Gate News.

Minyue Technology has secured pre-B+ funding to enhance its welding and cutting systems, expand data infrastructure, and pursue international growth, following a successful pre-B round. The company specializes in advanced welding technology and aims to penetrate more global markets.

NiSource has partnered with Google and Amazon to provide long-term power for a new Indiana data center, launching a "GenCo" model to balance energy demands without raising consumer costs. This partnership is expected to yield substantial savings for residents and underscores Indiana's growing role in tech energy resources.

Former U.S. Treasury Secretary Henry Paulson warns of a potential collapse in U.S. Treasury demand, which could destabilize the financial system and erode confidence in the dollar, shifting investments to Bitcoin and gold. Tether may face risks as well.

Lei Jun, Xiaomi's founder, is livestreaming a challenge to drive the new SU7 Pro from Beijing to Shanghai on a single charge, a journey of 1,265 km. He stated that Xiaomi will not launch EVs under 100,000 yuan in the coming years due to high intelligence costs.

Manycore Tech raised $156 million in its Hong Kong IPO, shifting focus from home renovation to AI and robotics services using proprietary 3D design data. Despite an 8.6% revenue increase, it remains loss-making, reflecting investor interest in specialized design software.

The Ethereum NFT marketplace Foundation has permanently shut down after its acquisition by BlackDove failed. With no plans for restoration, users must withdraw their NFT assets despite a year of continued media service.

Australian Prime Minister Anthony Albanese announced the acquisition of 570,000 barrels of diesel from Brunei and South Korea during his visit to Malaysia. This marks the first strategic material secured under new procurement powers aimed at strengthening energy cooperation in Southeast Asia.

Flow Capital Partners plans to launch a $150 million private credit fund on a Singapore blockchain platform, aiming for $30 million in tokenized shares by year-end and a potential growth to $250 million by 2026.

Nvidia's new AI product suite, Ising, launched on April 14, enhances quantum error correction, boosting speed by 2.5 times and accuracy by three times. This announcement spurred a significant rise in quantum computing stocks, indicating strong market interest, even amid volatility.

GoTyme Bank has introduced an in-app stock trading feature, allowing users to invest in the Philippine Stock Exchange directly from their banking app. This service, in partnership with DragonFi Securities, aims to simplify investment for new and existing customers.

Wipro reported Q4 revenue of 242.4 billion rupees, a 7.7% increase but below expectations. The decline reflects decreased tech spending from clients, particularly Estee Lauder, and a broader trend in the Indian IT sector towards specialized hiring amid AI adoption.

Circle CEO Jeremy Allaire forecasts that China may introduce a yuan-backed stablecoin in three to five years as digital currencies gain traction. This aligns with China's efforts to internationalize the renminbi, despite previous cryptocurrency restrictions.

Meta will increase prices for its Quest 3S and Quest 3 VR headsets due to rising memory chip costs, effective April 19. The Quest 3S will range from $349.99 to $449.99, while the Quest 3 will be priced at $599.99, affecting refurbished units as well.