Gate.ioNewsBot

Gate News bot message, The Federal Reserve announced at the latest interest rate meeting that it will keep the federal funds rate target range unchanged at 4.25%-4.5%. This decision continues the Federal Reserve's current monetary policy stance.
Source: Tree News

According to the Gate.io News bot, Bloomberg reports that the Group of Seven (G7) plans to include North Korea's cyber attacks and cryptocurrency theft issues on the agenda at the summit held in Alberta, Canada in mid-June. Data shows that North Korean hackers have stolen billions of dollars from cryptocurrency companies through malicious code attacks. These crypto assets have been used to evade international sanctions and to fund weapons of mass destruction programs.

According to the Gate.io News bot, as reported by Bitcoin Magazine, U.S. Treasury Secretary Scott Bessent recently stated: "We believe that the United States should be the preferred destination for digital assets."

According to Gate.io News bot, The Information reported that Bitcoin Magazine CEO David Bailey is raising $300 million to establish an investment company focused on Bitcoin projects and infrastructure development. The report noted that Bailey previously served as a cryptocurrency policy advisor to Donald Trump during the 2024 presidential campaign.

According to Gate.io News bot, it was reported by Wu that Tomasz Stańczak, the co-executive director of the Ethereum Foundation, announced the establishment of an early-stage venture capital firm, Lantern Capital, with Gökhan and Nethermind. The firm will focus on investments in the Ethereum ecosystem and cross-chain projects.
Gökhan pointed out: "AI is accelerating the software development cycle, and blockchain will serve as a key infrastructure in the new landscape, including economic payment tracks, governance mechanisms, verification layers, and digital identity frameworks."

Gate.io News bot message, according to The Block report, Luxor pointed out that under the Trump administration's policy of imposing comprehensive tariffs on Bitcoin mining rigs, Russia will become the biggest beneficiary.
Currently, most Mining Rig production bases are located in Asian countries such as China. After the implementation of the tariff policy, the operating costs for domestic miners in the United States will increase. Although some Mining Rig manufacturers have begun to establish factories in the United States, fully localized production will still take several years.
The global hash rate distribution is expected to shift towards Russia, Canada, Africa, and South America, while the expansion pace of American companies has slowed down. Mining company Bitdeer has initiated the "Made in America" Mining Rig program to respond to this policy.
Source: The Block

Gate news bot message, British digital bank Revolut announces a partnership with Lightspark to launch Bitcoin Lighting Network payment features for users in the UK and parts of Europe. This feature utilizes infrastructure provided by Lightspark to achieve a drop in transaction fees and an increase in processing speed through Lighting Network technology. Lightspark was founded by former PayPal executive David Marcus. Source: CoinDesk.

Gate.io News bot message, the latest data shows that on May 7, 10 Bitcoin ETFs had a total net outflow of 132 Bitcoin, valued at approximately $12.83 million. Among them, Grayscale (GBTC) had a net outflow of 181 Bitcoin, valued at $17.6 million, with current open interest of 190,229 Bitcoin, totaling a value of $18.46 billion.
On the same day, a total of 10,287 Ethereum was net outflowed from 9 Ethereum ETFs, worth $18.81 million. Fidelity's ETF had a net outflow of 9,991 Ethereum, worth $18.26 million, with current open interest of 413,405 Ethereum.

According to Gate.io News bot, Polygon Labs announced that its chain development toolkit CDK (now renamed Agglayer CDK) has completed an upgrade with multi-tech stack support, with the first integrated tech stack being configured for OP Stack.
After this upgrade, developers using the OP Stack to launch chains can directly obtain the native connection functionality with Agglayer without incurring additional costs. This toolkit also plans to gradually integrate with technologies such as Arbitrum Orbit and ABC Stack.

Gate.io News bot message, Bloomberg reported that Eric Trump, the second son of former US President Donald Trump, gave a speech at the Token2049 event held in Dubai. In his speech, Eric Trump referred to Bitcoin as "digital gold" and stated that both he and his father Donald Trump hold Bitcoin. Eric Trump also mentioned the rise expectations for Bitcoin in the coming years.

According to the Gate.io News bot, as reported by Wu, Ethereum's official team has completed the activation of the Pectra upgrade on the Mainnet. This upgrade includes three main aspects: the official launch of user experience features for smart account Wallets, the doubling of L2 scalability storage block capacity, and optimizations for validators' experience. The Ethereum community plans to continuously monitor the system's operational status over the next 24 hours.

According to Gate.io News bot, as reported by Wu Shuo, QCP Capital has released its latest analysis. The U.S. non-farm payroll data for April shows an increase of 177,000 jobs, higher than market expectations, and the unemployment rate remains at 4.2%. The S&P 500 index has risen for ten consecutive days, successfully recovering the losses from Liberation Day. Currently, the market focus is concentrated on Sino-U.S. trade and the direction of The Federal Reserve (FED) policy.
Despite Strategy recording its largest historical loss this quarter, the institution has decided to double its Bitcoin-related financing target from the original amount to $84 billion.

According to the Gate.io News bot, on-chain data shows that an Ethereum ICO participant sold 5,200 ETH in the past hour, worth approximately $9.54 million.
Since this address ended its long dormancy on April 17, it has sold a total of 21,700 ETH, with a total value of 38.9 million USD and an average selling price of 1,792 USD. Currently, this address still holds 8,300 ETH, worth approximately 15.28 million USD.
Source: Lookonchain

Gate.io News bot news, HashKey Eco Labs CEO Kay revealed in an interview with FT Chinese that HashKey Chain has currently established partnerships with over 200 financial and technology institutions, with business areas involving asset management, Web3, and several other fields.
Kay pointed out that multiple institutions are exploring the tokenization of traditional financial products such as MMF and ETF to enable round-the-clock trading. In addition to the financial sector, non-financial areas such as DePIN, new energy, and consumer brands are also beginning to adopt blockchain technology.
In the latest developments, HashKey Chain has completed the MMF tokenization deployment with China Taiping Asset Management (Hong Kong).
Source of information: FT Chinese

According to Gate.io News bot, as reported by Wu, Yuxian, the founder of Slow Fog, recently issued a security alert, pointing out that fake Zoom meeting software poisoning attacks have become active again.
The attack methods include spreading fake Zoom official domain links on Telegram and X platforms. The attackers induce users to download fake Zoom software and use deepfake technology to create realistic participant videos.
Once the target computer is controlled, the scope of the attack expands to local permissions and funds. For the technicians' computers, the attack also involves cloud platform permissions.

According to the Gate.io News bot, Dutch multinational group forex strategist Francesco Pesole pointed out that due to the shift in the Trump administration's policy focus from large-scale tariff threats to trade agreement negotiations, the US dollar still has room to rise.

According to Gate.io News bot, Tether officially announced the native deployment of the USDT stablecoin on the Kaia Blockchain. This deployment is a tripartite cooperation project between Tether, LINE NEXT, and Kaia, aimed at promoting the application and popularization of Web3 and stablecoins in the Asian region.
LINE NEXT, a subsidiary of the instant messaging company LINE focusing on the Web3 ecosystem, will support Mini Dapp and Dapp Portal ecosystems within LINE Messenger through the high-performance public blockchain Kaia. Through this integration, USDT will connect to LINE's Mini Dapp platform and self-custody wallet, providing users with in-app payments, cross-border transfers, and DeFi activities.

According to Gate.io News bot, Movement Labs officially announced the dismissal of co-founder Rushi Manche. The project will be taken over by a new leadership team. Movement Labs stated that specific information regarding the composition of the new leadership team and governance structure will be released to the public soon.

Gate.io News bot message, Lens Protocol announces the launch of on-chain collaboration functionality. This news was directly released by the official Lens Protocol account, marking the platform's formal initiation of a new social interaction mechanism.

Gate.io News bot message, OCL officially announces the opening of a cooperation plan. This message was directly released by the official OCL account, marking the OCL platform's acceptance of cooperation proposals from various parties.