Gate Crypto Flash News and Market Updates

According to BlockBeats, on June 1, U.S. stock index futures turned lower across the board, with Europe's Stoxx 600 index falling 0.8%.

Tether AI recently released open-source TurboQuant and integrated it into QVAC SDK 0.12.0. Based on Google Research's memory compression algorithm, the technology compresses large language model KV caches by up to 5 times, reducing memory consumption on local and edge devices while maintaining

According to Tasnim News Agency, Iran has halted information exchanges with the U.S. in protest of what it describes as Israeli actions.

SC crude oil futures contracts gained 2% during intraday trading on June 1, reaching 596.50 yuan per barrel as of the latest quote.

According to Travis John, XDC Network's institutional business head, on June 1, the global trade finance market is valued at approximately 15 trillion USD, but the industry remains heavily reliant on paper documents, manual reviews, and multiple intermediaries. XDC Network aims to digitalize trade

According to CertiK data cited by BlockBeats on June 1, cryptocurrency industry losses from hacks, exploits, and fraud dropped nearly 90% in May to $68.3 million, compared to April's over $650 million. The May figure marks the third month this year with losses below $100 million. April's spike was d

Colombian peso rose 3.5% to 1 USD per 3,560 COP following the first round of Colombia's presidential election.

U.S. natural gas futures fell 3.00% intraday on June 1, trading at $3.191 per million British thermal units (mmbtu).

According to the latest survey released on June 1, chicken prices in Japan hit record highs since 2003, according to Japanese media. The surge has significantly increased operating costs for fried chicken shops and yakitori restaurants, affecting their

According to EU spokesperson Anwar Anounah, the European Union called on Israel to stop military escalation in Lebanon and respect Lebanese sovereignty and territorial integrity during a regular press conference in Brussels on

According to the International Labour Organization, U.S. official Sheng Li will not assume the position of deputy director-general as originally scheduled in July.

According to BlockBeats, on June 1, Serenity noted that the recent decline in the photonics sector is primarily driven by algorithm-based trading rather than fundamental changes. The analyst cited the stock performance of Coherent (LITE) as influencing related companies such as AAOI and Sivers.

According to Reuters, Bank of England policymaker Megan Greene and US Federal Reserve policymaker Christopher Waller publicly split on Sunday over the future of stablecoins while sharing a panel in Dubrovnik, Croatia. Greene predicted that tokenized deposits will displace stablecoins, stating "I

According to Odaily Seer, Polymarket has launched a new prediction market on whether the U.S. House and Senate will pass a unified resolution limiting U.S. military operations against Iran by June 30, 2026. Since late February, Congress has repeatedly attempted to invoke the War Powers Resolution o

According to Odaily, AI infrastructure company Nebius (NASDAQ: NBIS) has recently achieved a market capitalization of approximately $60 billion, moving closer to its $100 billion target. Serenity, the investment analyst, previously predicted that Nebius could reach a $100 billion valuation

According to PRNewswire, NYSE-listed SOLAI has acquired a 51% stake in Singapore-based artificial intelligence company NEURALAND for approximately $9.18 million. NEURALAND specializes in AI node hardware design, software-defined systems, and AI agent technology

According to Fortune analysis via BlockBeats, a potential merger between SpaceX and Tesla would result in a combined valuation of approximately $3.4 trillion, with SpaceX valued at $1.75 trillion and Tesla at $1.65 trillion. This would rank as the largest merger transaction in history, roughly