Gate Crypto Flash News and Market Updates

Gate News update: On April 7, the Cardano Foundation announced the launch of the $80 million Orion Fund with Draper Dragon, aiming to support strategic initiatives by Cardano-native and integrated enterprises, expand on-chain utility, and strengthen the ecosystem. The fund will be managed by Draper Dragon, with the Cardano Foundation serving as the charter manager and providing the necessary ecosystem and technical support.

Gate News bot message, Gate market data shows that UNHON is up 10.03% over the past 24 hours, with a current price of 309.08 USDT.

The Financial Services Commission of Korea requires all domestic cryptocurrency exchanges to reconcile accounts every 5 minutes to address internal control vulnerabilities exposed by recent payment incidents. The new regulations include establishing automated reconciliation systems, setting standards for when trading must be paused, and strengthening reviews of high-risk processes, with the goal of improving asset security.

Polymarket data shows that the probability of a ceasefire between the U.S. and Iran by May 15 has fallen to 37%. The total trading volume of this event contract exceeds $107 million. U.S. Vice President Vance reiterated the final deadline for Iran, while Trump threatened that there will be strikes if the Strait of Hormuz is not reopened.

Gate News message, April 7, the Federal Reserve’s Williams said that the monetary policy can be adjusted if necessary; for now, it may be observed for the time being. He expects this year’s GDP growth to be 2% to 2.5%, with the unemployment rate remaining stable. Williams noted that the labor market situation is quite complex and expects that core inflation will fall later this year.

CME Group plans to launch Avalanche (AVAX) and Sui (SUI) futures contracts on May 4, 2026, further expanding its lineup of cryptocurrency derivatives; the offerings are currently awaiting regulatory approval. Participants may choose either micro or standard contracts.

Eightco Holdings disclosed in its latest holdings that total assets amount to $321 million, including 277,222,975 Worldcoin tokens and a $90 million investment in OpenAI, making it one of the largest public-market participants in WLD. The CEO said that holding Eightco is equivalent to indirectly owning OpenAI.

Former Google quantum hardware head John Martinis warns that Bitcoin could become a target for quantum computing attacks. Quantum computers could derive Bitcoin private keys within minutes, posing a greater threat than traditional financial systems. He recommends that the community plan quantum-resistance upgrades as early as possible to address threats over the next 5 to 10 years.

U.S. Vice President Vance issued a statement regarding Iran, saying the war is nearing an end and emphasizing that Iran must take wise action. He said military objectives have been completed, noting that multiple rounds of negotiations will be held and setting a final deadline. Vance remains confident in Iran’s response.

Gate News message: April 7, the U.S. automatic data processing company (ADP) weekly employment report shows that, over the four weeks ending March 21, 2026, private-sector employers added an average of 26k jobs per week.

Gate News message: On April 7, U.S. President Trump issued an important statement on the issue of Iran. Trump said: "Tonight, the entire civilization will come to an end, and it can never be restored. I don't want something like that to happen, but it's very likely to. However, since we have already achieved a comprehensive and thorough regime change, with a more sensible, more mature new administration taking the lead, perhaps some profoundly transformative things will happen—who knows? Tonight, we will find out everything. This is an extremely important moment in the world's long and complex history."

Bit Digital’s monthly report released on April 7 shows that, as of March 31, 2026, it held approximately 155,444.4 ETH, with a market value of about $327 million. The company’s ETH staking amount fell to 96,322 ETH in March, aiming to pursue other returns and capital allocation opportunities.

Crypto hedge fund Split Capital’s founder Zaheer Ebtikar announced the closure of the fund and is switching to become Chief Strategy Officer at stablecoin company Plasma. He believes the crypto hedge fund business model is no longer viable, mainly due to the impact of traditional financial institutions launching digital asset ETFs, which led to a sharp drop in demand. At the same time, crypto venture capital has also been squeezed out, and major coin prices have fallen by nearly 50%.

The Solana Foundation has launched STRIDE and SIRN, a security framework led by Asymmetric Research. The former provides independent security assessments and proactive monitoring, while the latter is responsible for real-time response and threat sharing. The initiative aims to improve ecosystem security, and all projects are available for free use.

Gate News message: On April 7, the crypto rewards fintech company GoSats announced the completion of a $5 million Series A round of financing, led by Konvoy, with participation from Y Combinator, Taisu Ventures, and others. GoSats' business model links Bitcoin and gold rewards to everyday spending, helping businesses acquire customers and boost user loyalty. The funds from this round will be used to develop innovative fintech products and to build AI-powered personalized services.

The Ministry of State Security has recently warned about various scams that use the slogan “accumulating Tokens can make you rich” and said these activities endanger the country’s economic security. It also urged the public to handle illegal cryptocurrency trading with caution.

Gate News message: On April 7, 360 vulnerability-hunting intelligence agents recently discovered and reported 1 high-risk and 2 medium-risk high-value vulnerabilities targeting OpenClaw. At present, all newly discovered vulnerabilities have been officially fixed and publicly disclosed. The three newly discovered vulnerabilities directly target the core operating mechanism of the AI intelligence agents, directly affecting the core security of users’ devices, data, and accounts.

Gate News message, April 7, Web3 security platform Immunefi announced that the DeFi protocol Alchemix has relaunched its bug bounty program on the platform based on its latest v3 contracts, with a maximum reward of up to $300k. This initiative is intended to encourage security researchers to review the new version of the contract code, identify potential vulnerabilities in advance, and improve the protocol’s overall security. Immunefi stated that this is currently a critical window period for auditing the relevant code and participating in the bounty program.

Gate News update, April 7, global payments platform Paysafe announced the launch of a "Pay with Crypto" crypto payment solution, mainly targeting the U.S. iGaming and daily fantasy sports markets, enabling users to fund their accounts using stablecoins and major cryptocurrencies. Data shows that about 70.4 million U.S. adults hold cryptocurrencies, and 83% of players are interested in crypto payments. Users can complete payments by connecting a crypto wallet or scanning a QR code, and the system will automatically complete the fiat conversion after the transaction is confirmed.

Gate News message, April 7: in Argentina, multiple domestic banks have already begun testing JPM Coin, a deposit token from JPMorgan Chase. JPM Coin is a deposit token product designed by JPMorgan Chase specifically for institutional users. At present, Banco CMF has confirmed that it is one of the financial institutions participating in the tests. The institution plans to apply JPM Coin to its backend settlement workflows to improve settlement speed and efficiency.