Gate Crypto Flash News and Market Updates

According to ChainCatcher, Australia's government plans to adjust its capital gains tax system in the upcoming federal budget, affecting cryptocurrencies and other digital assets. Currently, individual investors holding most digital assets for over 12 months receive a 50% tax relief on capital gains

Japan's Ministry of Finance will auction 3 trillion yen in discount bonds on May 19.

China's central bank conducted 500 million yuan in 7-day reverse repo operations today (May 12) at an interest rate of 1.40%, unchanged from the previous day. No reverse repo contracts matured today.

Shanghai Silver Futures main contract surged 8.00% intraday today (May 12), reaching 21,460 yuan per kilogram.

According to TechCrunch, Robinhood confidentially filed to launch RVII, its second publicly traded venture fund, about two months after listing RVI. The fund aims to expand Robinhood's investment strategy from late-stage deals into growth and early-stage startups. RVII's fundraising target has not b

According to The Information, on May 12, OpenAI's latest agreement with Microsoft sets a revenue share cap of $38 billion, while OpenAI is projected to save $97 billion through 2030 under the new terms.

Japan's Finance Minister Katagiri Kousuki denied intervention in the crude oil futures market in a latest statement. The minister reiterated that Japan has not taken action to influence crude oil price

The Chinese yuan midpoint against the U.S. dollar rose 41 basis points yesterday to 6.8426, marking the strongest level since March 24, 2023.

According to Beating, OpenAI co-founder and former Chief Scientist Ilya Sutskever testified Monday in the Musk v. OpenAI case, disclosing details of his push to remove CEO Sam Altman. Sutskever said he spent approximately one year gathering evidence of Altman's pattern of "persistent dishonesty," in

Japan's Finance Minister Kagetsu Katayama stated it is difficult to make judgments about June's prospects and he cannot comment on the possibility of the Bank of Japan raising interest rates in June.

According to Consensys, the company recently submitted a comment letter to the U.S. Securities and Exchange Commission regarding potential regulatory gaps in the SEC's latest crypto asset framework. Consensys requested that the SEC provide a safe harbor or other exemption clarifying that

According to Anza, Solana's research and development organization, the Alpenglow consensus algorithm upgrade entered live testing on the community test cluster on May 11. Alpenglow redesigns Solana's core consensus mechanism, replacing the existing TowerBFT with new voting and data propagation

According to Bloomberg, Fervo Energy, a Houston-based geothermal power developer, targets a US$1.82 billion IPO on May 12, offering 70 million shares at US$25 to US$26 each. At the top of the range, the company would be valued at approximately US$7.4 billion. The shares are set to trade on Nasdaq

According to Decrypt, Circle launched Agent Stack on May 12, a toolkit that enables AI agents to independently hold funds, pay fees, and transact with USDC without human intervention. The suite includes an agent wallet, command-line interface, agent marketplace, and a nano-payment protocol

On May 12 (Tuesday) during early trading, Shanghai Gold Exchange gold T+D rose 1.41% to 1,040.6 yuan per gram. Silver T+D climbed 6.91% to 21,250 yuan per kilogram in the same session.

The China Containerized Freight Index (CFI) for the Europe route fell below 2400 points intraday on May 12, declining 2.29% during the trading session.

Platinum futures contracts rose more than 4% intraday on May 12, trading at 531.75 yuan per gram.

Japan's Finance Minister Katayama Tsutomu held a two-hour discussion with U.S. Treasury Secretary Bessent overnight (May 11), according to his statement. The talks covered financial market conditions, including foreign exchange

According to Odaily, U.S. President Trump hinted today at a potential 2028 Republican presidential ticket pairing Vice President JD Vance with Secretary of State Marco Rubio. At a White House Rose Garden dinner, Trump asked attendees whether Vance would be the 2028 candidate or someone else, then po