Gate News message, April 26 — Fu Peng, newly appointed chief economist at Xinhuojituan, explained the underlying business model of Bitcoin perpetual contracts on social media, comparing it to traditional finance's "deferred fees" or "overnight fees" used in precious metals and commodity spot

Gate News message, April 26 — Hengli Petrochemical announced that its subsidiary Hengli Petrochemical (Dalian) Refining & Chemical Co., Ltd. has been added to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. The company clarified that

Gate News message, April 26 — The TRUMP meme token fell 20% to around $2.50 ahead of Donald Trump's exclusive Mar-a-Lago crypto conference, wiping out approximately $161 million in market value. The token has now declined 96.5% from its all-time high of $75.35 reached in January 2025, erasing appro

Gate News message, April 26 — PLA (PlayDapp) price crashed 47.8% in just 30 minutes today, falling to $0.1225. The token, which hit a day high of $0.2347, now trades at $0.122512 with a market cap of approximately $305 million. Trading volume remains notably low, reflecting reduced investor

Gate News message, April 25 — A high-win-rate account (address: 0x9495425feeb0c250accb89275c97587011b19a27) with a 63% success rate purchased $310,000 worth of positions betting on the Timberwolves to defeat the Nuggets in Game 4 of the NBA Western Conference first round on Polymarket, according to

Gate News message, April 25 — Two Hong Kong women lost a combined HK$9.7 million (US$1.24 million) to crypto scammers over recent weeks, prompting local police to issue a public warning. Hong Kong police reported more than 80 fraud cases in a single week, with total losses exceeding HK$80 million (U

Gate News message, April 25 — Harvard Business School has named Brad Garlinghouse, CEO of Ripple, its 2026 Business Leader of the Year. The honor was presented at a high-profile event hosted by the Harvard Business School Association of Northern California, drawing over 250 leading investors,

Gate News message, April 25 — U.S. crude oil exports are on track to hit a new all-time high of 5.48 million barrels per day following the closure of the Strait of Hormuz, which has redirected Asian and European buyers toward American supply. The U.S. Energy Information Administration (EIA)

Gate News message, April 25 — Evan Tangeman, 22, from Newport Beach, California, was sentenced to 70 months in prison on April 24 for his role in laundering $263 million obtained through a massive cryptocurrency fraud scheme. The U.S. District Court in Washington, D.C., imposed the sentence