Gate Insights and Crypto Market Analysis

On May 26, on-chain perpetual contract platform Hyperliquid announced that it will support legitimate prediction markets for off-chain events, replacing external oracles with validator-governed settlement. The outcome contracts adopt a fully collateralized design, settling at 1 USDC or 0. This mechanism is an extension of Hyperliquid’s improvement proposal HIP-4, which CoinDesk characterizes as a challenge to Polymarket. Confirmed Settlement Mechanism Differences: Validator Governance vs UMA Opt

Cryptocurrency liquidity provider Wintermute, with annual trading volume of $3.5 trillion, announced on June 1 that it will expand institutional trading into the prediction market space, offering a “bilateral market covering event contracts” on leading trading venues, but it did not specify the exact platform. Wintermute OTC head Jake Ostrovskis confirmed that prediction markets have “demand characteristics” for major asset classes. Wintermute Confirms Its Market Entry Positioning and Business S

On May 12, Japanese telecom company NTT announced that it has successfully developed the world’s first “illusion technique,” which allows users to perceive the softness and viscosity of a remote object using only visual information, without wearing any specialized haptic devices. The technical mechanism is: the system captures hand movements through a smartphone or computer camera, and simultaneously displays corresponding deformation visuals of a virtual object on the screen, causing the brain

According to SoSoValue data, for the week of May 25 to May 29 in Eastern Time, Bitcoin spot ETFs saw net outflows of $1.42 billion, the third-highest in history. BlackRock's IBIT was the Bitcoin spot ETF with the largest weekly net outflow, with weekly net outflows of $966 million. Spot ETF weekly data confirmed for each coin For Ethereum spot ETFs, BlackRock's ETHA recorded weekly net outflows of $188 million (ETHA’s historical total net inflows of $11.43 billion), while Grayscale’s ETHE record

Elliptic chief scientist Tom Robinson published an article on May 19 at the Royal United Services Institute (RUSI), a UK think tank, saying that global online scam losses in 2025 will reach as much as $442 billion. Robinson called out Telegram’s core operational venues for underground markets, while Tether’s USDT serves as a main cross-border payment tool. Confirmed transaction data for the three major underground markets Robinson’s article named three major underground guarantee transaction pla

Real Vision co-founder Raoul Pal confirmed in a podcast on June 1 that the AI race is the largest capital event in human history, and he expects the “economic singularity” to arrive in about 4 years. During his recent pullback, Pal bought Sui and Zcash, and confirmed that ETH, Solana, and Sui still maintain “economic density” even after a major drop—i.e., Layer1 chains. Pal’s Logic for the AI Race: Reed’s Law and the Economic Singularity Pal confirmed in the podcast that the AI race is a game-th

At GTC Taipei 2026, Huang Renxun proposed a two-stage architecture for AI Agents: large language models handle reasoning and planning, while an external orchestration engine connects tools and manages tasks and long-term memory, forming a thinking core and coordinating with tools. Three live demonstrations were shown: automatically generating complete programs, producing a dynamic particle animation based on a description titled with Taipei 101, GTC Taipei 2026, and the NVIDIA logo, and using CAD to create replacement parts that can be directly 3D printed. He also reiterated that software will not go bankrupt—this is the best era to build software, provided it’s designed so that it can be directly called by Agents. CUDA X has been fully opened to Agents, and efficiency even surpasses human developers.

On May 31, PC Mag issued a warning, citing an interview with Shahak Shalev, Malwarebytes’ Global Fraud and AI Research Lead, confirming that scammers have deployed plans in advance targeting the 2026 World Cup. Tactics include fake cryptocurrency tokens, unverified gambling apps, fake jerseys and tickets, as well as a fake World Cup website and fake streaming media sites. Four Main World Cup Scam Tactics Confirmed by Malwarebytes Malwarebytes’ research team confirmed finding the following four c

Coinfomania confirmed on June 1 that Pi Network is still in the Enclosed Mainnet stage. The blockchain is live, wallets exist, and tokens have been distributed to users who passed KYC verification, but transfers to exchanges and external wallets remain restricted. As of mid-2026, the cumulative number of KYC-verified users exceeds 18 million. Pi Network Confirms Mainnet Migration Status and Technical Metrics The core team confirmed that the KYC verification rate reached about 500,000 per month b

Wyoming Republican Senator Cynthia Lummis issued a series of statements from May 24 to 30, warning that if the Clarity Act is not passed by this Congress, the next legislative window may not come until 2030. She said that failing to act would expose software developers to legal risks of prosecution, and that consumers would not be able to secure ownership of their assets if exchanges go bankrupt. Lummis’s Direct Quotes In public remarks, Lummis said: “After this Congress, the next window for dig

Ripple’s senior executive and Managing Director for the Middle East and Africa, Reece Merrick, confirmed on X on May 31 that Turkey is leading the adoption of cryptocurrencies in the Middle East and North Africa (MENA) region and ranks among the top worldwide. In the past year, the volume of cryptocurrency transactions in Turkey was about $200 billion, roughly 4 times that of the United Arab Emirates, at about $53 billion. Turkey Data and Driving Factors Confirmed by Chainalysis Chainalysis conf

On May 31, the U.S. Bureau of Industry and Security (BIS) issued new guidance requiring export licenses when selling advanced AI chips to overseas buyers whose ultimate parent company is located in China. Affected products include Nvidia’s Rubin and Blackwell series and AMD’s MI350x accelerators. The guidance is intended to clarify enforcement details rather than impose a blanket ban; products already shipped remain in the custody of the customers. Confirmed Technical Requirements in BIS’s New G

Bank of Korea Governor Shin Hyun-song and European Central Bank Executive Board member Isabel Schnabel held a policy dialogue on June 1 at the BOK annex in Namdaemun-ro, Jung-gu, Seoul, addressing blockchain-based tokenization and non-dollar stablecoins. The discussion occurred during the 2026 BOK C

According to The Street on May 31, Berkshire Hathaway fully exited its holdings of Mastercard shares it had owned for about 15 years in Q1 2026, selling about 3.99 million shares at an average price of $525.64 per share. The trade price range was $484.24 to $580.34. Berkshire Hathaway’s Confirmed Complete Mastercard Holding History Based on data from StockCircle.com, Berkshire’s relationship with Mastercard began in Q1 2011, when it first bought 216,000 shares. After that, it actively built its

The State Council of China released the “Regulations of the State Council on Foreign Investments” on June 1, effective July 1. The provisions apply to enterprises within China, other organizations, and individual residents. The regulations clearly state that the state supports investors in carrying out foreign investments based on market-oriented principles. Investors enjoy autonomy in decision-making, bear risks independently, and have the autonomy of foreign investment with profits and losses

Hyperinsight monitoring data confirms that Micron Technology (MU) rose 4.1% in the overnight session on June 1, breaking through the $1,000 mark for the first time. On the Hyperliquid platform, MU-mapped contract daily trading volume reached $41.1 million. On-chain data also confirms that a trader opened an MU long position with 10x leverage 39 days ago; as of the time of publication, it is up by $1.9 million. Micron confirms AI memory fundamentals and UBS target of $1,625 In late May 2026, Micr

On June 1, the Seoul Economic Daily, citing data from SEIBro under Korea Securities Depository (KSD), reported that Korean retail investors known as “Crazy Ants” net sold US stocks totaling $939.77 million in May. The top two net buyers were Micron Technology ($585.43 million) and Intel ($496.51 million). Top four net buy-ins in May confirmed by SEIBro and SOXL’s daily data SEIBro data confirms that Micron Technology ranked first in May by net buy amount of $585.43 million. However, as of May 27