Gate Crypto Flash News and Market Updates

Belgian digital asset firm Keyrock completes a Series C funding round, with a valuation of $1.1 billion. The funding amount may reach $100 million, which will be used for business expansion and strategic acquisitions. The company’s goal is to accelerate global expansion, strengthen institutional-grade service capabilities, and connect traditional and crypto financial markets.

In the first quarter of 2026, Astar clearly defined its development direction, launched the ASTR token economic model and the foundation for ecosystem participation, optimized the staking mechanism and governance structure, and completed the rebuild of the Astar Portal to enhance user experience. ASTR holders will enjoy more convenient staking and easier engagement with ecosystem activities.

DeFi risk management platform Steakhouse Financial was recently hacked, and its frontend system was used for phishing, but user funds were not affected. The attack stemmed from social engineering targeting the server provider, and Steakhouse will roll back the malicious changes and publish an incident report. Experts advise users to improve their security awareness and watch out for phishing risks.

Gate News update. On March 31, Polymarket data shows that the probability that the market is betting on edgeX launching the next day FDV exceeding $300 million is 87%, exceeding $400 million is 62%, exceeding $500 million is 48%, and exceeding $600 million is 26%. As of now, trading volume on this prediction market is over $10 million.

Gate News update, March 31, a certain CEX quote shows that RIVER’s 24-hour gain is 32.23%, and the current price is 17.47 USDT.

Persija Jakarta Pelita Cikarang Football Club has partnered with the Chiliz Group to launch fan tokens, aiming to strengthen engagement with fans around the world. Token holders will enjoy benefits such as voting rights and exclusive content, supporting the club’s growth and enhancing the fan experience. This initiative marks a further advancement in the digitalization of football in Southeast Asia.

Analyst Darkfost pointed out that more than 40% of altcoin prices are approaching historical lows, reflecting market pressure and structural issues. Despite the downturn, identifying resilient projects may deliver long-term returns. Investors should focus on fundamentals and market resilience, uncovering opportunities at lower levels to prepare for the coming phase of divergence in market conditions.

JPMorgan Chase is driving the development of its blockchain platform Kinexys through a new agreement with Mitsubishi, targeting more than $10 billion in daily transaction volume. Kinexys has processed over $3 trillion in transactions, attracting global customers and becoming the first company in Japan to adopt the platform. This move shows that traditional financial institutions are actively positioning themselves in the crypto payments space, signaling strong potential for future growth.

Crypto firms Archblock, TrustToken, and TrueCoin have filed for bankruptcy due to financial devastation after Techteryx failed to pay invoices and was defrauded by an Eastern European criminal group. The company has also been involved in multiple legal disputes, facing tax issues and high-risk investment losses, highlighting potential risks in the stablecoin industry.

Gate News update: On March 31, stablecoin issuer StraitsX announced that its Singapore dollar stablecoin XSGD and its U.S. dollar stablecoin XUSD have officially gone live on the Solana network. These two stablecoins will be used for on-chain foreign exchange trading and high-performance settlement.

The Mist Security Team has issued a warning. axios@1.14.1 and axios@0.30.4 have been identified as malicious versions; they contain malicious payloads that can be delivered via an postinstall script. The impact on OpenClaw needs to be assessed by scenario. It is recommended that affected hosts immediately check and rotate credentials.

Gate News, according to Gate’s platform announcement, Gate Earn Yubibao has launched an additional rewards pool for BTC 7-day fixed-term wealth management. Subscription users can enjoy a 10% annualized return bonus. The total rewards pool size is 3,000,000 R2 tokens, first come, first served. The additional rewards will be distributed daily in the form of an equivalent amount of R2. R2 Protocol is an on-chain asset management platform committed to providing institutional-level real returns for crypto-native users and traditional users.

Cornell University student Ella Hough has introduced an interactive calculator that simulates using MicroStrategy preferred stock to replace Social Security for retirement savings, showing the investment potential and risks. Although it offers access to high dividends, the model includes risks such as dividends not being guaranteed and the effects of inflation, emphasizing the importance of retirement planning and intergenerational differences, and encouraging younger people to reexamine traditional Social Security and investment strategies.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News message, March 31, Starknet is expected to roll out STRK20s in late April, aiming to introduce privacy protection features for all tokens. The official statement says that it is currently working closely with various DeFi protocols and partners to ensure DeFi integration and a seamless user experience from day one after launch.

Gate News message, on March 31, according to Onchain Lens monitoring, the Royal Government of Bhutan transferred 325 BTC (worth $25.19 million) to a wallet that previously received BTC from Galaxy Digital, which appears to be a sale.

XRP has been weak over the past 24 hours, falling more than 2%. Despite the short-term pullback, its on-chain activity and withdrawal transaction volume have rebounded, suggesting investors’ long-term willingness to hold the asset. Analysis indicates that seasonal factors may present an opportunity for XRP to move higher, and traders should monitor outflow transaction dynamics to gauge its future direction.

MicroStrategy holds 762,099 bitcoins, with a book value of about $51.5 billion, but due to market liquidity issues, its actual liquidation value could be as low as $20 billion. Although some analysis suggests its assets may be priced at a premium, its financing structure and market conditions create challenges for its future valuation. Current activity for large-scale transactions is declining, indicating that the market has limited capacity to absorb sell-offs by large “whales.”

U.S. gasoline prices first surpassed $4 per gallon, driven by the Middle East conflict, and oil prices surged to record highs. Analysts warn that rising diesel prices will affect logistics, while the U.S. government is taking steps to increase supply and release crude oil to ease the pressure.

Bitcoin security researcher Justin Drake revealed that key progress has been made in quantum computing and cryptography research, which could threaten the security of crypto assets. One study shows that an optimized Shor’s algorithm could crack Bitcoin private keys within minutes, while another study uses a neutral-atom quantum computing architecture to achieve a more efficient cracking process. It is expected that by 2032, quantum computers will have a 10% chance of cracking some of the public keys, accelerating the development of post-quantum cryptography.