Gate Crypto Flash News and Market Updates

According to Guru Club, tin prices surged to approximately 420,000 yuan per ton on June 1, up about 40% since November 2025 (from 300,000 yuan per ton), driven by growing demand from the artificial intelligence and computing industries. Tin Industry Co., Ltd. confirmed the uptick, noting that tin pr

According to Saudi Arabia's Al Arabiya TV, Israel stated it will establish a military-controlled zone near the Litani River region in Lebanon.

According to ChainCatcher, AI service platform B.AI has integrated Alibaba-backed MiniMax's M3 multimodal large language model, now available via API and Web interface as of June 1. The M3 model features native support for multimodal understanding, code generation, and parsing, with a 1M token

According to Iran's Fars News, Iran's Islamic Revolutionary Guard Corps Navy said 15 vessels passed through the Strait of Hormuz with Iranian authorization in the past 24 hours, including 4 oil tankers.

According to blockchain security firm CertiK, crypto exploit losses in May 2026 reached $68.3 million, representing a nearly 90% decline from April's $650 million. The month marked the third consecutive period with losses below $100 million, with approximately $9.4 million in stolen funds

According to the Israeli Defense Forces, Hezbollah launched two rockets from Lebanon toward northern Israel on June 1 midday, both of which were intercepted. The incoming fire triggered alarms in Safed and surrounding towns in northern Israel, with no casualties

According to President Macron on June 1, France is willing to provide support for negotiations between the United States and Iran. A multi-nation escort operation led by France and the UK is prepared to deploy after the US-Iran agreement is reached, aimed at securing shipping through the Strait of

According to Jin10, China's bill market rates rebounded on May 28-29 after hitting historic lows in May, with the November-maturity state-owned bank bill reverse repurchase rate rising 11 basis points to 0.72%. The rebound followed strong bank demand for bills, reversing earlier weakness driven by t

According to Meituan's Q1 2026 earnings release on June 1, revenue reached 91 billion yuan, up 5.6% year-over-year. Operating losses narrowed significantly from 16.1 billion yuan in the prior quarter to 6.5 billion yuan. Core local business losses contracted to 2 billion yuan from 10 billion yuan, w

According to India's trade minister, India and the United States will hold trade talks from June 2 to June 4.

According to Tuum, the Tallinn-based core banking platform has appointed Gregor Dobbie as Chief Executive Officer, effective immediately. A 30-year banking technology veteran and former CEO of Mastercard-owned Vocalink, Dobbie will lead Tuum's next phase of global expansion, focusing on scaling market presence and AI-driven product development. Dobbie will make his first public appearance as Tuum CEO at Money20/20 Europe in Amsterdam from June 2–4, 2026. According to the company, Tuum has delive

According to Vietnam's Ministry of Finance, on June 1, the ministry proposed allowing small and medium-sized enterprises (SMEs) to use digital, virtual, and intellectual property assets as loan collateral in a draft revision of the Law on Support for SMEs. The measure aims to broaden financing