Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

Latest Article

More

Viktor Orbán Steps Down, Ending 16 Years in Power; Hungary’s Crypto Industry Sees a Policy Reversal

The Hungarian opposition Tisza Party beat Viktor Orbán in the parliamentary election, ending his 16 years in power. It is expected to roll back the tough cryptocurrency regulatory measures imposed under the Orbán government and restore relations with the European Union. The new government taking office may also allow global financial platforms such as Revolut to return to the market, and it will further accelerate the EU’s process of unifying digital assets.
MarketWhisper·9m ago
news-image

BSC Chinese meme coins surge across the board, as CZ’s tweet sparks a “Crypto Summer” craze

On April 13, Chinese meme coins across the BSC chain rose across the board, led by “Binance Life,” with a weekly gain of up to 360% and an intraday increase of over 45%. CZ’s post sparked resonance with “Crypto Summer,” energizing sentiment across the entire sector. Although market sentiment has surged in the short term, the high volatility and liquidity risks of meme coins cannot be ignored, and investors need to be cautious.
MEME-1,64%
MarketWhisper·14m ago
news-image

Hong Kong allows RMB stablecoin issuance, with HSBC Bank being the first to obtain a license

The Hong Kong Monetary Authority has issued stablecoin licenses for the first time to HSBC Bank and its joint venture, Anchorpoint Financial, and has confirmed that issuing a renminbi stablecoin requires approval from Chinese regulators. Stablecoins must be backed by 100% liquid reserves and a minimum capital of HK$25 million, with the aim of promoting financial innovation and stability.
MarketWhisper·30m ago
news-image

Pi Network PIRC baseline protection mechanism sparks controversy, implying a “quasi-stablecoin” logic

Pi Network member Daniel F raised a logical contradiction in the PIRC token design, noting that if it has a 23.8% floor protection, it would need to behave like a stablecoin, which conflicts with its high volatility on CEX. This floor is based on Pi’s price calculations; if Pi itself fluctuates significantly, it will be unable to effectively protect holders. Daniel emphasized the importance of transparency, but the project team did not respond to it, leading the community to continue speculating about the reasons for its silence.
MarketWhisper·34m ago
news-image

Kenya completes crypto regulatory consultation, and a VASP framework could become a benchmark in Africa

The Kenyan Ministry of Finance announced on April 11 that it has completed the public consultation process for the VASP regulatory draft, moving ahead with the implementation of the 2025 cryptoasset industry regulatory law. The new framework will establish a licensing regime, capital requirements, and consumer protection measures, with the aim of promoting the development of the local crypto market and attracting compliant operators to enter. This move aligns with the trend of rapid expansion in Africa’s crypto markets, and is expected to provide a reference for other countries.
MarketWhisper·41m ago
news-image

Pi Network Major Transformation: 210 Ecosystem Applications Deployed, 23k Developers Ready

The Pi Network ecosystem is accelerating its transition, with more than 210 active applications and 23,000 developers actively participating in Pi Studio, spanning multiple areas such as payments, community engagement, education, and gaming. The ecosystem’s diversity shows indicators of healthy development, and developers’ engagement is driving ongoing application optimization. In the future, improving the usefulness of the mainnet will be a key challenge, including issues that need to be urgently addressed such as scalability, security, and user adoption rates.
MarketWhisper·51m ago
news-image

Miners brace for changing economics ahead of 2028 Bitcoin halving

Bitcoin’s fifth halving is slated for April 2028, and the mining sector is entering that cycle with far tighter margins than in 2024. A mix of higher input costs, strained energy markets and increasingly explicit regulatory expectations are reshaping how miners operate, finance, and plan for the
CryptoBreaking·57m ago

Bittensor founder accuses former brother of betrayal; TAO’s sudden plunge sparks 9.1 million liquidations

Bittensor co-founder Jacob Steeves accuses Covenant AI’s Simon Dare of intentionally causing damage to the agreement, leading to a sharp drop in TAO tokens. Steeves proposes a locked-staking mechanism that uses on-chain code to enforce commitments and prevent founders from making sudden, surprise exits. Even as the crisis unfolds, Bittensor’s open-source architecture can still ensure the agreement continues to operate, and it is set to hold a meeting to introduce the new mechanism.
TAO-2,1%
MarketWhisper·58m ago
news-image

Sun Yuchen: WLFI hides a blacklist and a freezing function, treating the community as an ATM

Sun Yuchen publicly accused WLFI of hiding a freezing function in its smart contracts without disclosing it to investors, and criticized its centralized practices as deviating from the principles of decentralized finance. His wallet was added to the blacklist on suspicion of misappropriating funds, causing losses of more than 80 million dollars. Facing multiple pressures such as a sharp collapse in token prices and liquidity risk, WLFI has begun repaying its loans and has promised to roll out a governance proposal.
WLFI-0,26%
TRX0,2%
DOLO-7,01%
MarketWhisper·1h ago
news-image

Iran’s parliament speaker warns: If Trump blocks the Strait of Hormuz, the U.S. will miss $4 oil prices

Iranian Parliament Speaker Qalibaf warned that the U.S. oil price would rise due to blockade measures, hinting at retaliation against the United States. At the same time, tensions in the Strait of Hormuz are escalating, and market forecasts suggest that oil prices could break above $115 per barrel. The U.S. and Britain differ on their stance toward the blockade of Hormuz, and there are also differences in statements between Trump and the Central Command, affecting the likely future direction of oil prices.
MarketWhisper·1h ago
news-image

Aave DAO uses a 75% approval victory framework, routing protocol earnings to the governance treasury.

Aave DAO has passed the “Aave Will Win” framework, allocating $25 million to Aave Labs, and confirming that all brand application earnings will be fully directed into the DAO treasury. It will reform its governance structure by replacing bureaucratic procedures with a results-oriented approach. Future agreement revenue is expected to reach $140 million. Funding for each specific product still requires a separate proposal review.
AAVE2,46%
MarketWhisper·1h ago
news-image

Gate Daily Report (April 13): The CFTC seeks “exclusive regulatory authority” for prediction markets; the FBI report says crypto fraud losses totaled 113.6 billion.

Bitcoin has pulled back from its peak to $71,110. The chair of the U.S. CFTC said it will defend its regulatory authority over prediction markets. An FBI report shows that in 2025, losses from cryptocurrency fraud reached $11.36 billion, with seniors hit the hardest. The market is optimistic in the short term, but you should be mindful of the impact of oil prices and monetary policy.
BTC-1,09%
SOL-0,77%
HYPE0,95%
AAVE2,46%
MarketWhisper·1h ago
news-image

New Tools Aim to Make AI 'Vibe Coding' Safer for Crypto

In brief ASI Alliance and Matterhorn said they are building tools to reduce risks from AI-generated blockchain code. The platform combines automated analysis, human review, and testing tools to audit smart contracts before deployment. The partnership runs on ASI:Chain and aims to
ASI-0,99%
FET-1,78%
Decrypt·1h ago