Gate Cryptocurrency News and Market Analysis

As of May 22, 2026, contracts on the prediction platform Polymarket for “When will OpenAI conduct its IPO?” have become a hot prediction topic, with total trading volume exceeding $1.5 million. Market funds are significantly prefer the Q4 window: the probability of listing before September 30 is 41%, while the probability of listing before December 31 rises to 71%. Click to participate in the prediction This expectation did not come out of nowhere. In mid-May, SpaceX officially filed its IPO reg

At least five cryptocurrency companies announced closures this week as a prolonged market slump has reduced user activity and investor funding. Fantasy.top, a crypto trading card platform; Everclear, a cross-blockchain infrastructure company; and ZERO Network, an Ethereum layer-2 blockchain, all ann

Park Beom-soo, a Digital Asset reporter, appeared on News Tomato's YouTube channel on the 21st to analyze the current state of blockchain-based asset tokenization. The discussion covered tokenization efforts centered in the United States, where government bonds and money market funds (MMF) are

South Korea's Korea Communications Standards Commission (KCSC) opened a formal review into Polymarket on Friday to determine whether the platform hosts illegal gambling content or violates national law, a commission spokesperson confirmed to Bloomberg News. The review focuses on whether Polymarket's

CoinGecko released its “2026 Cryptocurrency Perpetual Contract Status Report” on May 22, confirming that total crypto Open Interest in April fell to $99.09 billion, down more than 50% from the peak; the top 11 Perp CEXs’ average monthly trading volume for the first four months was $4.69 trillion, a drop of 34%. Hyperliquid’s single-month trading volume in April reached $190.28 billion. 10/10 Liquidation Event: Confirmed Scale of the Largest Single-Day Liquidation in Crypto History (Source: CoinG

Google announced the first product in its Gemini Omni series—Gemini Omni Flash—at Google I/O 2026 on May 19, and officially released its technical overview on May 22 on its official website. The initial integrated platforms include the Gemini app, Google Flow, and YouTube Shorts. Confirmed Core Features of Gemini Omni Flash Conversational video editing: Users edit videos with natural-language instructions, where each instruction builds on the previous one. The model maintains consistent characte

PeckShield confirmed that, as of May 22, the Verus-bridge attacker has returned 4,052.4 ETH (about $8.5 million) to the official Verus address. This represents 75% of the combined total of the stolen assets, totaling 5,402.4 ETH. The remaining 1,350 ETH (about $2.85 million, 25%) is kept in the attacker’s wallet as a bug bounty. Attack Mechanism: How a Validation Gap Can Be Exploited to Steal Assets at Low Cost Official Verus and on-chain analysis confirmed that this attack was not caused by a p

The Pentagon began testing artificial intelligence models from OpenAI, Google, and other vendors in March following Defense Secretary Pete Hegseth's designation of Anthropic as a supply chain risk. The move came after the Defense Department and Anthropic failed to revise a July 2025 contract, with a

Ripple announced on May 19 that Ripple Prime has completed its integration with EDX Markets and EDXM International. Institutional clients can access EDX’s digital asset spot trading and perpetual futures liquidity through EDX’s global multi-asset prime brokerage platform via a single entry point. This integration is intended to help institutions manage fragmented liquidity and counterparty risk. Integration Architecture: Unified Access to EDX Markets Spot and EDXM International Perpetual Futures

Broadcom, Meta, Applied Materials, GlobalFoundries, and Synopsys are funding a US$125 million Semiconductor Hub at UCLA Samueli School of Engineering in California over five years. The program will support AI chip research and workforce training, with faculty and students collaborating with the

Zerion announced on May 22 that its Ethereum Layer 2 network Zero Network will be gradually shut down, with resources refocused on Zerion’s API and wallet services. Users need to move all NFTs, ETH, and other tokens out of Zero Network cross-chain to other networks by the end of July. Deposit operations have been suspended. Zerion confirmed users’ asset safety. Shutdown plan: deadlines, asset transfers, and deposit suspension In a post on X, the Zero team said, “We are gradually shutting down ZE

Cathie Wood-led investment firm Ark Invest purchased an additional $5 million in Bullish shares on Thursday across three exchange-traded funds, as the stock declined. According to Ark Invest's daily trading disclosure, the firm acquired a total of 139,117 shares of Bullish on Thursday for its

Singapore-based data center operator Digital Edge closed its first US$575 million holding company loan on May 22 to expand across Asia Pacific. The company attributed the financing to rising demand for hyperscale and AI-ready facilities in the region. Digital Edge is backed by US investor

Ripple Prime added EDX liquidity to give institutional clients unified access to digital asset spot and perpetual futures markets. The integration combines trading, credit, net settlement, and collateral tools within Ripple Prime’s brokerage platform. Key Takeaways: Ripple Prime integrated EDX

Opening Cursor, a San Francisco-based AI coding startup, reached a US$3 billion annualized revenue run rate in late April. The milestone comes as SpaceX prepares for an expected June 12 listing, which could open a potential