Gate Crypto Flash News and Market Updates

According to ChainCatcher, Cloud Peak Finance has completed a strategic investment in WooshPay, a cross-border payment service provider regulated by the UK Financial Conduct Authority and Hong Kong Customs. The investment amount was not disclosed. Cloud Peak Finance stated the investment aims to

According to ChainCatcher, Nvidia's venture capital arm NVentures has participated in Legora's $50 million Series D extension round, marking its first investment in legal AI. The Swedish legal tech startup, which competes with Harvey, saw its annual recurring revenue (ARR) exceed $100 million,

According to SoSoValue data cited by ChainCatcher, Ethereum spot ETFs saw net inflows of $101 million yesterday (May 1). Fidelity's FETH led with $49.39 million in single-day net inflows, followed by BlackRock's ETHA with $43.16 million. The total net asset value of Ethereum spot ETFs

According to ChainCatcher citing SoSoValue data, Bitcoin spot ETFs recorded net inflows of $630 million yesterday (May 1, Eastern Time). BlackRock's IBIT led with $284 million in daily net inflows, while Fidelity's FBTC followed with $213 million.

According to an 18-page comment letter filed with the Commodity Futures Trading Commission on Friday, venture capital firm Andreessen Horowitz (a16z) backed federal oversight of prediction markets, arguing that state-level regulatory actions create a "serious barrier to impartial access" for

According to ChainCatcher, citing analyst Wazz, hundreds of dormant Ethereum wallets, many inactive for over seven years, were drained by the same address on ETH mainnet. Aragon team member @TheTakenUser confirmed their wallet was affected. The root cause remains unclear, though community analysis s

According to Bloomberg, Founders Fund, the venture capital firm backed by Peter Thiel, completed a $6 billion fundraise on May 3 for late-stage company investments, marking the largest fund in the firm's 20-year history. Of the total, $4.5 billion came from limited partners including sovereign

According to Bloomberg, shares of Asian tech firms including LG Electronics and Nanya Technology rose after announcements linked them to Nvidia partnerships in robotics, chips, and intelligent driving. LG climbed as much as 15% and Nanya gained about 10%, while other suppliers also advanced

According to Xinhua News Agency, the U.S. Navy's Information Warfare Systems Command recently signed a contract with San Francisco-based AI company Domino Data Lab to procure and deploy machine learning software solutions. The contract, valued at nearly $100 million if fully executed, aims to

According to PANews, Billions Network is set to launch its $BILL token through a token generation event (TGE) on May 4. The Billions Foundation posted cryptic messages on May 2 hinting at the date, which the community widely interpreted as confirmation of the token launch for the digital identity ve

According to RootData, MultiBank (MBG) will unlock approximately 46 million tokens valued at $13.88 million on May 10 at 8:00 AM Beijing time.

According to Hyperliquid's official page, the platform's first HIP-4 binary prediction market contract—"BTC above 78213 on May 3 at 2:00 PM?"—launched on May 2 at 4:00 PM has generated $2.384 million in trading volume within 19 hours. Open interest in the contract reached $1.818 million, with the

According to Odaily, OpenAI CFO Sarah Friar has privately recommended postponing the company's IPO to 2027, citing failure to meet public company financial reporting standards, while CEO Sam Altman aims to accelerate the listing in Q4 2026. ChatGPT's weekly active users reached 900 million in

Riot Platforms' shares rose 8% today following the expansion of its data center partnership with AMD and improved financing terms. The deal strengthens the bitcoin miner's pivot toward artificial intelligence

According to CryptoQuant, Bitcoin's 20% April rally—rising from around $66,000 to as high as $79,000—was driven primarily by perpetual futures demand while spot demand remained negative throughout the period. The onchain analytics firm said this divergence mirrors patterns historically associated

According to ChainCatcher, Barry Silbert, founder of Grayscale parent Digital Currency Group, said on X that global markets have not recognized $2 trillion in demand for decentralized digital value storage tools like Bitcoin. As privacy needs become clearer, privacy coins such as Zcash will

According to JPMorgan analysts, stablecoin usage is growing rapidly, but this may not translate to equivalent market capitalization growth. The key factor is rising velocity—how frequently stablecoins are used in transactions. JPMorgan's team, led by managing director Nikolaos Panigirtzoglou,

According to CEO Greg Abel at Berkshire Hathaway's annual shareholder meeting on May 3, large-scale data center construction and resulting electricity demand are creating significant growth opportunities for utility companies. Abel stated the company maintains a cautious approach to AI deployment, u

According to Dragonfly partner Haseeb Qureshi, as reported by Odaily, retail investors have significantly exited the crypto market, while institutions are forming the price floor for Bitcoin. Qureshi noted that Bitcoin is increasingly viewed as a mature asset with sustained growth potential over the

According to CriptoNoticias, Argentina's National Securities Commission (CNV) proposed new regulations on May 3 to expand the scope of RWA tokenization, allowing more types of financial instruments to operate using distributed ledger technology in the country. The proposal removes previous