Gate Cryptocurrency News and Market Analysis

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Yorkville Withdraws Trump Media Crypto ETF Plans Amid Market Shift

Yorkville America has withdrawn multiple cryptocurrency exchange-traded fund (ETF) applications filed on behalf of Trump Media & Technology Group, the company behind Truth Social, as the asset manager shifts regulatory frameworks and market conditions weaken crypto ETF demand in 2026. The
BTC0.4%
ETH-0.3%
LucasBennett·1m ago

GitHub confirms malicious VS Code extension intrusion, about 3,800 internal repositories stolen

On May 20, GitHub posted an update on X regarding its security incident investigation, confirming that an employee’s device was compromised through a VS Code extension that had been implanted with malicious code, resulting in the theft of approximately 3,800 internal repositories. GitHub said there is no evidence that customer information stored outside of GitHub internal code repositories was impacted. GitHub has removed the malicious extension, isolated affected endpoints, and rotated critical
MarketWhisper·6m ago
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Two US men dressed in Meme coin outfits broke into a Punch Monkey house and face charges in Japan for interfering with business: Japan obstruction of business charges.

An incident occurred at an animal zoo in Ichikawa City, Chiba Prefecture, Japan, in which two people entered the Punch monkey enclosure. On May 17, 24-year-old Daysun and 27-year-old Duan climbed over the fence and entered the Punch monkey house to take photos, dressed in an imitation of the style used to promote meme coins. The two were arrested and face charges of obstructing business activities; both denied the allegations. The zoo reported the matter to the police, saying the animals were not affected, and stated it would crack down severely on similar behavior. Punch became a global talking point due to its plush toy background, attracting visitors from around the world to come and observe it.
MEME1.11%
MarketWhisper·14m ago
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Middle East geopolitical conflict escalates: oil prices break above $110, and Bitcoin falls below $77k

Since May 2026, tensions between Iran and Israel have escalated significantly, with drone and missile attack incidents occurring frequently, triggering strong market concerns about a disruption of transport through the Strait of Hormuz. International crude oil prices rapidly broke above $110 per barrel, reaching the highest level since the beginning of 2025. At the same time, US 10-year Treasury yields surged to a new high since 2025, as global capital accelerated its exit from risk assets. Acco
BTC0.4%
PAXG-1.49%
GateInstantTrends·15m ago
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Truth Social Withdraws Bitcoin ETF Applications From SEC

Truth Social, the social media platform operated by Trump Media & Technology Group, has filed to withdraw its cryptocurrency exchange-traded fund applications with the Securities and Exchange Commission. According to filings submitted to the SEC on Monday, the firm requested to withdraw its Form S-1
BTC0.4%
ETH-0.3%
LucasBennett·17m ago

The U.S. Senate passed a “limitation” resolution on Trump’s Iran war powers, forcing him to seek congressional authorization

The U.S. Senate voted on May 19 to advance a procedural war-powers measure by 50:47, with four Republicans voting in favor, passing a resolution that could force Trump to seek Congressional authorization to continue the U.S.-Iran war. The resolution’s sponsor, Virginia Democratic Senator Tim Kaine, said Trump’s “illegal war” against Iran has lasted more than 80 days; he said “Congress has the power to stop this unwise conflict.” Details of the Resolution’s Confirmation Vote and Legislative Hurdl
MarketWhisper·25m ago
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AI Financial, a company related to WLFI, posted a loss of $271.5 million and issued a going-concern warning

World Liberty Financial (WLFI) related company AI Financial Corp. released its first-quarter financial report on May 19. The net loss reached $271.5 million, and it officially issued a “going concern” warning, confirming that these circumstances raise significant doubts about whether the company can continue as a going concern within one year from the date these financial statements were issued. Confirmed financial data: Q1 loss and going concern doubts Q1 2026 net loss: $271.5 million (2025 Q1:
WLFI-1.06%
MarketWhisper·33m ago
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Evernorth: XRP serves as a “coordination layer” in JPMorgan’s tokenized treasury bond settlement

According to a report by Bitcoin.com News, Evernorth published a series of posts on X on May 18, revealing operational details of a cross-institution tokenized U.S. Treasury bond redemption transaction. Evernorth said that the XRP Ledger (XRPL) served as the settlement coordination layer in the transaction involving Ondo Finance, JPMorgan’s Kinexys, Mastercard, and Ripple. Transaction workflow confirmed by Evernorth Based on the workflow Evernorth described in its X posts: · Ripple redeemed OUSG
XRP-1.15%
JPMON-1.49%
ONDO-1.89%
MA1.48%
MarketWhisper·38m ago
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Meta Cuts 8,000 Roles Globally, Shifts 7,000 Staff to AI Teams

Meta began notifying staff in Singapore on May 20 of a global layoff affecting approximately 8,000 roles as the company restructures to cut costs and redirect resources toward artificial intelligence development. Workers across multiple countries were set to receive layoff notices in their local
OliverGrant·41m ago

UBS: Humanoid Robots Currently at Autonomous Driving L3 Level

UBS Securities China industrial analyst Wang Feilei stated on May 19 that humanoid robots are currently at an early stage of intelligence development, with most products still completing tasks in controlled environments. Drawing a comparison to autonomous driving classification systems, current huma
OliverGrant·42m ago

Dassault and iHawk pilot autonomous cargo system in Singapore

Autonomous Cargo Pilot Launched in Singapore French software company Dassault Systèmes and Singapore-based drone startup iHawk Global have launched a pilot for autonomous cargo operations at a 50,000 square meter container yard in Singapore. The companies are testing drones and ground rovers
CryptoFrontier·1h ago

An elderly 70-year-old man in Shanghai nearly fell victim to a Bitcoin investment scam, as coordinated action among police and banks halted a $100k cash transfer

According to the Shanghai Xinmin Evening News, a man in his 70s, Mr. Gong, from Chongming’s Shuxin Town in Shanghai, went to the bank alone on May 17 to withdraw 100k yuan in cash. The bank teller noticed something unusual, immediately activated an anti-scam warning mechanism and reported to the police. In the end, the transfer was successfully stopped. Police later confirmed that the old man was lured by scammers impersonating an “investment mentor” on a short-video platform. The other side sho
MarketWhisper·1h ago