Gate Crypto Flash News and Market Updates

Vale reported strong first-quarter results, with iron ore production rising to 69.7 million tonnes and sales increasing by 4%. Copper production also grew by 13%, while nickel reached a five-year high. Financial statements will be released on April 28.

Slash, a US-based financial startup, raised $100 million in Series C funding, valuing the company at $1.4 billion. The funding will enhance its services for 5,000 companies, boosting features like expense management and global payment access.

Gulf Edge Co. has partnered with Kore.ai to utilize AI for enterprise solutions in Thailand's telecom, banking, insurance, healthcare, and public sectors. The collaboration aims to enhance AI adoption as Thailand's AI market is projected to grow significantly by 2030.

Hesai Technology has launched KOSMO, an AI-powered device for comprehensive 3D spatial capture, aimed at advancing robotics with high-quality data. The company also announced its entry into the robotic power module market.

Bitcoin miners sold over 32,000 BTC in Q1 2026, exceeding 2025's total sales. Key players include MARA, Riot, and Core Scientific. Miner profitability is declining as hash prices fall below breakeven, with reserves down from 1.86 million to 1.80 million BTC.

Bengaluru-based e-pharmacy Plazza, founded by Aman Priyadarshi in 2024, seeks to raise $12-$15 million in funding for expansion. The company aims to grow from 2 to 20 stores by year-end using a franchise model.

A report by the Hong Kong Institute of Finance reveals that 74% of global financial institutions foresee growth in transition finance, with Asia-Pacific showing 91% optimism. It emphasizes collaboration, regulatory clarity, and innovation to enhance sustainable finance.

TrendAI has partnered with Anthropic to integrate Claude models into its platform, enhancing threat research and AI security operations. This collaboration aims to identify vulnerabilities before production, reflecting the industry's shift toward AI security.

OpenAI has agreed to purchase over $20 billion in AI chips from Cerebras over three years, securing an equity stake in the company, aiming to lower computational costs as it expands its AI services.

Bitcoin developers are working on BIP-361 to protect against quantum computing threats by migrating funds to safer formats, potentially freezing 1.7 million BTC. Charles Hoskinson critiques the plan, arguing it may lead to permanent freezing of vulnerable coins. The debate highlights tensions in adapting Bitcoin's protocols.

Britain's AI minister criticized OpenAI's decision to pause its UK data center project, linking it to financing issues rather than energy prices. Microsoft is set to lease capacity at another site, impacting the UK's AI investment goals.

SenseTime Group is raising HK$3.25 billion through a share placement in Hong Kong, issuing 1.7 billion shares at an 8.6% discount. Funds will support its AI infrastructure and research, while the stock has seen a year-to-date decline of 9.6%.

Gate News update: On April 17, according to Gate market data, as of the time of writing, MOVR (Moonriver) is trading at $2.96. It is up 132.99% over the past 24 hours, reaching a high of $2.97 and falling to a low of $1.25. The total 24-hour trading volume is $494.5k. The current market cap is approximately $33.7163 million. Moonriver is an EVM-compatible blockchain running on the Kusama network, providing developers with features such as deploying Solidity smart contracts, Web3-compatible APIs, oracle data, and Ethereum network bridge relays. MOVR is the platform’s utility and governance token. It can be used to pay transaction fees, for network governance, to earn rewards by participating in network consensus through staking, and to provide liquidity for decentralized exchanges built on the Moonriver blockchain. As the Kusama ecosystem version of Moonbeam, Moonriver won eligibility for a parachain slot auction through a crowd sale, giving developers a sandbox environment to test new code under real economic conditions, with full Ethereum compatibility and efficient smart contract execution capabilities.

Tesla is hiring semiconductor engineers in Taiwan for its Terafab project, which aims to create a comprehensive semiconductor manufacturing hub. The roles require over five years of experience in advanced technologies and processes.

The Cosmos Hub's proposal for Osmosis integration failed narrowly, with Osmosis acknowledging the outcome. The team will maintain independence, focusing on user safety and progressing their roadmap. Further updates will follow.

Gate News message, a centralized exchange HYPE holder has unstaked 150,000 HYPE tokens valued at $6.52 million and placed a TWAP order to sell 100,000 HYPE worth $4.35 million. The whale currently maintains a staked position of 354,303 HYPE tokens valued at $15.42 million.

Google released Gemini 3.1 Flash TTS, an advanced text-to-speech model with improved emotional expression and control. Features include natural language audio tags, Director Mode for nuanced outputs, and multi-speaker capability for realistic conversations. Supporting over 70 languages and designed for efficiency, it aims to enhance AI-generated content and address misinformation. The launch reflects growing competition in voice technology, especially from OpenAI and Meta.

U.S. Defense Secretary Lloyd Austin warned that military actions will resume if Iran rejects a nuclear deal, including blockades and bombings. The U.S. Treasury's "Operation Economic Fury" aims to impose severe economic pressure on Iran amid these negotiations.