Gate Crypto Flash News and Market Updates

According to Reuters, on June 1, Israeli networking software company DriveNets raised $410 million in a funding round led by Bessemer Venture Partners and Atreides Management to support AI infrastructure demand. The funding brings DriveNets' total capital raised to $1 billion. AMD and Red Dot

Australia's seasonally adjusted building permits increased 10.2% year-on-year in April, up from 9% in the prior month, according to official data.

Australia's seasonally adjusted business inventories grew 0.5% in the first quarter, rebounding from the previous quarter's contraction of -0.10%.

On June 2 morning trading session, Chinese commodity-focused ETFs showed mixed performance. Dazheng Non-ferrous Metal Futures ETF and Jianxin Energy and Chemical Futures ETF gained, with the Dazheng Non-ferrous Metal Futures ETF rising over 1%. Meanwhile, Nansouth Shanghai Gold ETF, E Fund Gold ETF,

Australian corporate profits fell 1.3% quarter-on-quarter in the first quarter of 2026, reversing gains from the previous quarter when they rose 5.80%.

Australia's seasonally adjusted building approvals declined 3.4% month-over-month in April, rebounding from the previous month's -10.5% drop.

According to Odaily, OpenSea product marketing officer Zack Brenner recently asked on X whether community members are interested in experiencing perpetuals (perps) trading on the platform, suggesting the team may be considering launching the

According to ChainCatcher, edgeX clarified that the recent EDGE token price volatility was caused by external market manipulation and is not a security issue. The protocol was not compromised in any way, and the incident does not stem from hacking, exploit, or protocol vulnerability. The team is

According to Jin10 Data, the People's Bank of China conducted 200 million yuan in 7-day reverse repo operations today (June 2), resulting in a net liquidity drain of 248.8 billion yuan as 249 billion yuan in maturing reverse repos

According to The Economic Times, Cars24 has launched Cars24 Labs with a $20 million commitment to support early-stage AI founders. The initiative will provide capital, mentorship, infrastructure, and AI tools, with partnerships including OpenAI, Amazon Web Services, and ElevenLabs to offer access to

According to the People's Bank of China, today the central bank conducted 200 million yuan in 7-day reverse repurchase operations at a fixed rate of 1.40%, unchanged from the previous operation. Both bidding volume and settlement volume matched at 200 million yuan.

According to Guru Club, spot silver rose 1% to $75.66 per ounce on June 2. New York silver futures gained 0.99% to trade above $76 per ounce intraday.

On June 2, the Chinese yuan weakened against the U.S. dollar, with the USD/CNY midpoint rate set at 6.8187, up 20 basis points from the previous session, according to China's interbank foreign exchange market. Other major currency pairs showed mixed movements: EUR/CNY declined 54 points to 7.9068,

According to Zama founder Rand, a U.S. court has vacated a temporary restraining order (TRO) that froze the cUSDC contract holding $12.5 million in USDC assets. Zama's systems have fully resumed normal operations, and the company plans to launch the cUSDC product later this

According to White House announcement, on June 2, the U.S. White House announced further adjustments to import tariff policies on aluminum, steel, and copper. Specific details regarding the adjustment rates and implementation timeline were not

According to Zama founder Rand, a U.S. court has lifted the freeze on Zama's cUSDC contract on June 2, and all systems have returned to normal. The contract was frozen last Friday without prior notice in connection with a dispute involving Overnight Finance, another protocol, rather than targeting Z

According to BlockBeats, on June 2, South Korea's stock market surpassed India to become the world's sixth-largest stock market. South Korea's total market capitalization surged 86% year-to-date to $5 trillion, while India's market cap declined to $4.8 trillion. So far this year, South Korea's stock

According to BlockBeats, on June 2, Andrew Left, the founder of Citron Research and one of the world's most prominent short-sellers, was convicted of securities fraud by a U.S. federal jury. The landmark verdict, announced in Los Angeles after a three-week trial and two days of jury deliberation, fo

According to BlockBeats, AAOI rose 20.1% on June 2. Analyst Serenity, bullish on the photonics company, suggested AAOI could be the next major semiconductor success story. Serenity expects photonics firms to reach an inflection point in the first half of 2027, with market pricing typically