Gate Crypto Flash News and Market Updates

According to Jin10 Data on June 2, Shanghai's Municipal Government issued guidance on deepening the city's role as a global asset management hub. The notice includes plans to authorize commodity futures settlement prices to more overseas exchanges, support the internationalization of delivery

According to Chosun Daily, on June 2, Naver Cloud expanded its partnership with Nvidia beyond GPU supply to include model development and physical AI infrastructure. Naver Cloud plans to deploy over 60,000 GPUs as part of the expansion. Under the broader initiative, South Korea aims to

According to Crypto Briefing, Georgia's deputy prime minister launched a comprehensive action on June 1 to combat illegal cryptocurrency mining, with a focus on Mestia city in the Svaneti region. The core measure involves installing electricity meters across all villages in the area, with

According to ChainCatcher, AvoDex, an AI-driven on-chain trading platform, announced that its native token AVO will launch its token generation event (TGE) on July 1. The platform has accumulated over $2.5 billion in trading volume across 70 trading markets, offering perpetual futures, spot trading,

According to Beating intelligence, Tencent is prototyping AI agents in WeChat set to launch early compliance filing this month. Users can swipe right on the WeChat home screen to access the AI chat interface, enabling the agent to automatically call mini-programs and complete cross-app

Brazil's Central Bank, starting June 1, mandated that all cryptocurrency service providers applying for or renewing licenses must undergo independent financial audits. The audit scope includes anti-money laundering (AML) and counter-terrorism financing (CFT) compliance, segregation of customer

According to CME data released June 2, on June 1, crude oil and other commodity futures showed mixed activity. WTI crude oil trading volume surged to 917,287 contracts, up 178,710 from the prior session, with open interest at 2,030,080 contracts, up 6,940. Brent crude oil trading volume rose to 169,

According to Jin10 data, Russian oil giant Rosneft reported first-quarter oil and condensate output of 3.74 million barrels per day, declining 0.4% sequentially. Meanwhile, three sources told Jin10 that OPEC+ is expected to decide on Sunday to increase July crude production quota by 188,000 barrels

According to the Solana Foundation's official blog, on June 2, the foundation announced it is recruiting teams to build fully on-chain perpetual futures, derivatives and related trading applications, offering funding, technical support and distribution channels. The foundation is seeking teams

Switzerland's exports rose 3% month-on-month in April (seasonally adjusted), reversing a 3.40% decline in March, according to official economic data.

According to Jin10, Japan's government finalized its 2026 fiscal supplementary budget on June 2, with general account expenditures of 31,135 billion yen to be financed entirely through deficit bond issuance. The cabinet is scheduled to officially approve the budget on June 3 and submit it to

From 05:45 to 06:00 (UTC) on June 2, 2026, BTC fell 0.38% within 15 minutes. The price ranged from 70,252.7 to 70,532.5 USDT, with a 0.40% amplitude. This period falls in Asia’s early-morning low-liquidity window. The modest decline is a continuation of risk release after BTC broke below $75,000 on May 28, and market sentiment remains under pressure. The core driving factors behind this abnormal move are a resonance between macro geopolitical risk and worsening fund flows. In late May, escalatio

According to an official announcement on June 1, 2026, Bullbit, a decentralized perpetual exchange, has partnered with GamePad, a Web3 infrastructure platform, to integrate GamePad's smart execution and runtime infrastructure into its trading ecosystem. Built on Base, Bullbit aims to improve

Switzerland's trade balance fell to 3.098 billion Swiss francs in April, down from 3.177 billion francs in the prior month.

Confimarket, a privacy-preserving prediction market built on Canton Network, won first place at HackCanton Season 1, an ecosystem hackathon organized by AppsFactory. The project advanced through a competitive field of more than 300 builders from over 15 countries. The project is backed and

According to Foresight News, Venice, a Base-based AI project, announced it is reducing VVV annual token emissions from 5 million to 4 million. This marks the second reduction in the project's phased emission cut, following a decrease from 6 million to 5 million on May 1. The final target is to

According to Foresight News, Injective announced its Vulcan mainnet upgrade (v1.20.0) scheduled for June 4. The upgrade introduces a new oracle engine reducing oracle gas consumption by 90% and integrating Pyth Pro and SEDA oracles. EVM smart contracts will gain unified oracle access through