Gate Crypto Flash News and Market Updates

Turkey's Energy Minister announced plans to reach a new liquefied natural gas agreement with Algeria this year, with the goal of transporting part of the gas supply to Southeast Europe.

According to CoinDesk, programmable custody infrastructure platform Coinbax won the PitchFest competition at Consensus Miami, securing $20,000 in prize money. Founded by former Jack Henry executive Peter Glyman, Coinbax builds programmable custody infrastructure to add control measures for

According to PRNewswire, Swiss investment firm Multi Investment completed CHF 480 million (approximately $616 million) in funding on May 8. The firm now manages over CHF 3 billion in assets and plans to accelerate investments in fintech, deep tech, blockchain, and Web3 sectors through the third

ECB President Christine Lagarde stated that the legislative process for the digital euro should be completed by the end of 2026.

According to BlockBeats, South Korea's Ministry of Economy and Finance confirmed on May 8 that it will impose a 22% tax on cryptocurrency trading gains starting January 1, 2027, ending years of political debate over digital asset taxation. Under the revised Income Tax Law, crypto profits from

According to China's Foreign Ministry spokesperson Lin Jian, the Central Criminal Court in London convicted two Chinese citizens on Thursday (May 7), with sentencing to be announced later. Lin condemned the ruling as a "typical political farce," stating that the UK arrested and prosecuted the Chines

According to Arkham's latest report released on May 8, the top 10 wealthiest on-chain cryptocurrency holders in 2026 were identified based on public blockchain data. Satoshi Nakamoto remains the undisputed leader with approximately $89 billion in Bitcoin holdings, all derived from mining

According to Chinese Foreign Ministry spokesperson Lin Jian on May 8, China's embassy representative will attend Russia's Victory Day military parade scheduled for May 9 in Moscow.

According to China's Foreign Ministry spokesperson Lin Jian, a Marshall Islands-flagged oil tanker with Chinese crew members was attacked near the port of Al Fujairah outside the Strait of Hormuz on May 8, with its deck catching fire. The Foreign Ministry confirmed that as of the latest update, no c

According to Chinese Foreign Ministry spokesperson Lin Jian on May 8, Iran's Foreign Minister Araghchi visited Beijing amid escalating regional tensions. Lin stated that the Gulf and Middle East region is at a critical juncture between conflict and peace, and China maintains communication with all p

According to CatcherPredict, Predict.fun launched a new prediction market on Polymarket's 2026 blockchain migration, with $1.71 million in total trading volume. The 'new Polymarket chain' option currently leads at 67% probability, followed by '2026 no migration' at 26%, while Arbitrum stands at 2% a

According to Chinese Foreign Ministry spokesperson Lin Jian on May 8, China maintains communication at various levels with Israel and other Middle East parties, including high-level exchanges. Lin emphasized that China supports resolving conflicts through political and diplomatic channels to

According to Monition Beating monitoring, Samsung unions are demanding that the company distribute 15% of operating profit to employees across all departments and provide a 7% salary increase. The unions have threatened an 18-day strike starting May 21 if demands are not met. The dispute was

According to Fomoin's official announcement on X on May 7, the Web3 launchpad platform announced a strategic partnership with Catto Verse, a decentralized AI platform, to integrate AI-powered crypto tools and automation features. The collaboration aims to enhance user experiences and streamline

According to Xinshi Data, China's A-share indices closed mixed on May 8. The Shanghai Composite Index closed flat, while the Shenzhen Component Index fell 0.5% and the ChiNext Index dropped 0.96%. The Beijing Stock Exchange 50 Index rose 2.24%. Combined trading volume in Shanghai and Shenzhen

According to BitcoinTreasuries.NET monitoring, Deutsche Bank increased its holdings of 53,215 Strategy shares worth $9.5 million on May 8. The bank, which manages $2.1 trillion in assets, now holds a total of 784,919 shares valued at $140.1 million.

Kuaishou-W (1155.HK) surged over 10% during intraday trading today, closing at HK$53.55 in late-session momentum.

According to Bloomberg, ECB President Christine Lagarde warned that euro-denominated stablecoins pose risks to financial stability and monetary policy transmission, questioning their necessity. She stated that while such stablecoins could lower financing costs and enhance the euro's global appeal, t

According to Shanghai Futures Exchange data released by Golden Ten Futures on May 8, energy and chemical futures warehouse inventories saw mixed movements. Fuel oil inventories declined sharply by 54,320 tons to 64,030 tons, marking the largest single-day drop. Low-sulfur fuel oil warehouse inventor

According to China's Foreign Ministry, Brunei Crown Prince Billah will make an official visit to China from May 11-15. The visit was announced on May 8 and comes at the invitation of Vice President Han