Gate Crypto Flash News and Market Updates

Gate News message. On April 14, according to Gate Market data, as of the time of publication, ALGO (Algorand) is trading at $0.11. Over the past 24 hours, it has risen 11.89%. It reached a high of $0.11 and fell to a low of $0.10. Its current market cap is approximately $1.011B. Algorand is a blockchain project led by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT) and a Turing Award winner. It improves blockchain efficiency through the BA* consensus mechanism and cryptographic sortition. The project is an industry leader in the field of post-quantum technology. In 2025, on the mainnet, it executed the first quantum-resistant transaction. It uses Falcon signatures to protect the entire chain’s historical data from threats posed by quantum computers. Algorand has a transaction speed of 10,000 TPS

Twin3 launched digital identity infrastructure for the Agent economy on April 14 and rolled it out on the testnet. The protocol uses soulbound tokens to store users’ identities and experiences, building digital identities, supporting personal AI agents, and driving automated economic collaboration.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News updates. On April 14, People’s Daily published an article titled “Disrupting the capital markets: these irregularities by finance-and-economics self-media accounts need to be on high alert,” which singled out and criticized certain accounts that drive users to virtual-coin trading by publishing false yield information such as “one hundredfold coins” and “making millions every month trading coins.” The article cites a notice previously issued by eight departments, including the People’s Bank of China, emphasizing that business activities related to virtual currencies constitute illegal financial activities. The article states that accounts and platforms suspected of providing referral traffic and technical services for illegal virtual currency trading may violate laws and regulations and could threaten financial security and anti–money laundering efforts.

Y Combinator makes its first fully stablecoin investment through the Solana network, paying Totalis, a prediction-market startup, $500k in USDC, and plans to open up stablecoin payment options for all supported startups. Totalis will use the platform to execute stablecoin-to-fiat trades.

Gate News message. On April 14, the Financial Times reported that OpenAI investors questioned its $852 billion valuation, saying the company’s strategy is shifting. Some investors said these strategic changes may make OpenAI more vulnerable to threats from competitors such as Anthropic and Google.

Gate News message. On April 14, the prediction platform Kalshi released a video teaser, announcing that it will launch a new product on April 27. The video shows a green spiral gradually forming an everlasting ring, finally displaying the words "Timeless" (eternal). The community speculates that this update may be introducing an open-ended perpetual prediction market without an expiration date, breaking through the existing time-limit constraints of Kalshi’s event contracts, and improving trading flexibility.

The Jito Foundation has signed a memorandum of understanding with the Korean digital asset custodian KODA, planning to provide institutional custody and staking support for JitoSOL in South Korea. This agreement is intended to advance the development of institutional investors and to support related compliance efforts under the digital asset regulatory framework that is expected to be introduced in South Korea.