Gate Crypto Flash News and Market Updates

According to CoinDesk, Solv Protocol migrated over $700 million in SolvBTC and xSolvBTC from LayerZero to Chainlink's CCIP on May 7, discontinuing LayerZero support across Corn, Berachain, Rootstock, and TAC networks. The move follows recent security reviews and cross-chain attacks, with Solv

According to on-chain analyst Ai姨, address 0xe5f…cceaf accumulated $480,000 in sato over the past 11 hours at an average price of $1.4304, currently facing an unrealized loss of $276,000. The address has become the second-largest sato holder by position size in the past 24 hours. The wallet

According to ChainCatcher, at Consensus Miami 2026, Zhao Changpeng (CZ) stated that YZi Labs allocates 70% of funding to blockchain, 20% to AI, and 10% to biotechnology. CZ added that BNB should be positioned as a native currency for AI agents, and all blockchains need to be "AI ready" to support

Panther Protocol launched on Polygon today (May 7, 2026), introducing programmable privacy infrastructure that combines zero-knowledge cryptography with decentralized governance. The protocol enables confidential on-chain interactions while supporting verifiable compliance through credentials

According to IQ AI's official announcement on May 6, Zypher Network integrated AIDEN, an artificial intelligence agent developed by IQ AI, to improve blockchain knowledge accessibility and strengthen auditability within AI-powered ecosystems. The collaboration introduces a dedicated wiki page

According to a New York Federal Reserve survey, U.S. consumers' long-term inflation expectations remained stable in April, despite near-term price pressures. Near-term inflation expectations for the next 12 months rose slightly, but expectations for the next three to five years showed no change from

According to Foresight News, President Trump recently endorsed Barry Moore for Alabama's U.S. Senate seat, calling him "one of my favorite people" and a "completely reliable MAGA warrior" deserving his "complete and total endorsement." Moore is among the first U.S. Congress members to publicly

According to The Block, 21Shares' Canton Network ETF debuted on Nasdaq on Thursday (May 7), providing direct exposure to Canton Coin (CC), the native utility token of the Canton Network. The ETF trades under ticker symbol TCAN. Canton Coin is a top-20 cryptocurrency with a market cap of $5.6 billio

According to Glassnode, Bitcoin is trading near $81,000 on May 7 and has cleared two key onchain cost basis levels—the True Market Mean at $78,200 and the Short-Term Holder Cost Basis at $79,100. Spot Bitcoin ETFs recorded their fifth consecutive day of net inflows on May 7, drawing $46.3 million an

According to PANews, Nasdaq Composite Index broke through 26,000 points today (May 7), reaching 26,017 points with a 0.68% daily gain. Key constituents rallied, with Nvidia up 2.97%, Microsoft gaining 2.37%, and Tesla

According to BlockBeats, mETH Protocol announced on May 7 that it will cease operations of its liquid restaking token cmETH, while other products continue normally. The cmETH minting function was shut down on May 7, 2026. The protocol will complete final EigenLayer reward distributions by

Gate News bot message, Gate market data shows that ETH has fallen below 2,300 USDT, with the current price at 2,299.88 USDT.

IonQ reported first-quarter revenue of $64.67 million, surging 755% year-over-year and significantly exceeding analyst expectations of $49.7 million. The company posted an adjusted loss of $0.34 per share, slightly better than the expected $0.35 loss. Commercial customers accounted for nearly 60% of

On May 7, MegaLabs and H Lab, a subsidiary of Neowiz Holdings, announced a strategic partnership to develop Web3 infrastructure and expand the MegaETH ecosystem. The memorandum of understanding was unveiled at the MEGA ARCADE SEOUL event in Seoul's Gangnam district. The collaboration focuses on

According to Zcash Foundation's announcement, the foundation has assumed management of core Zcash community assets today, including the Zcash GitHub Organization, website, domain, and X platform @Zcash official account. The foundation will oversee access permissions and repository governance,

According to Odaily, the US Dollar Index (DXY) has erased all gains accumulated since February 27 following the Iran conflict. The dollar had briefly strengthened after the war erupted as investors unwound bearish positions and bet on potential Federal Reserve rate hikes, but these gains have since

According to PANews, on May 7, Cleveland Federal Reserve President Beth Hammack stated that the Fed's policy statement signals potential rate cuts, which conflicts with her economic outlook. She said: "Our statement holds rates steady, but the signal sent is that the next move is more likely a rate

According to DTCC announcement at Consensus 2025 on May 4, the Depository Trust & Clearing Corporation announced partnerships with multiple Layer 1 blockchain networks to develop infrastructure for tokenized finance. The initiative will focus on building blockchain-powered systems for securities

According to Foresight News, fully homomorphic encryption (FHE) infrastructure project Zama released protocol updates including a new TypeScript SDK, delegation decryption mechanism, and developer tools. The updates aim to reduce barriers for developers building privacy-focused decentralized