Gate Crypto Flash News and Market Updates

Three directors resign from Millennium & Copthorne amid a family-led board shakeup at City Developments, sparking a clash with patriarch Kwek Leng Beng. After reconciliation and adviser Catherine Wu’s departure, governance moves proceed toward a mid-2026 strategic review. Abstract: The article reports on leadership changes at Millennium & Copthorne Hotels, a unit of City Developments, amid a high-profile internal family dispute over board influence. It notes the February 2025 appointment of six directors, the public confrontation with Kwek Leng Beng and a subsequent lawsuit later dropped after reconciliation, and the departure of adviser Catherine Wu. City Developments says the moves were intended to strengthen governance, while a strategic review is expected to conclude by mid-2026 as investor confidence is sought to be rebuilt, aided by a recovering Singapore property market.

Gate News message, April 22 — B2B stablecoin technology provider Infinite has launched Infinite Accounts, a banking account service for enterprises that supports deposits, withdrawals, ACH transfers, domestic and international wire transfers, as well as stablecoin minting, burning, and on-chain tran

Trump admin halts dollar shipments and security cooperation with Iraq to pressure disbanding Iran-backed militias, WSJ reports. Abstract: The Trump administration interrupted dollar shipments to Iraq and paused security cooperation to push Iraq to disband Iran-backed militias, according to Wall Street Journal sources.

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

US deploys Ukrainian Sky Map counter-drone system at Prince Sultan Air Base with on-site training, signaling emphasis on countering low-cost drones amid ongoing attacks and evolving air-defense gaps. This brief describes the U.S. deployment of Sky Map, a Ukrainian-developed counter-drone command system, to Prince Sultan Air Base in Saudi Arabia, with Ukrainian personnel providing on-site training. Sky Map integrates radar and multi-source sensor data to detect, identify, and coordinate interception of drones. The move underscores a push to counter low-cost drone threats and highlights broader challenges facing traditional air-defense architectures as unmanned systems proliferate.

Investigation finds landlords in London and the South East advertising rentals with religious, ethnic, or gender-based exclusions, such as "Muslim only" and "men only," breaching the Equality Act 2010; ads span several platforms and areas. The article analyzes findings that landlords advertise rentals with religious, ethnic, or gender preferences, signaling discrimination. It explains the Equality Act 2010 framework, platform enforcement gaps, and potential legal remedies.

DoorDash teams with Tempo to offer stablecoin payments across 40+ countries, speeding payouts and cutting cross-border costs for drivers, merchants, and customers. DoorDash announces a partnership with Tempo, a blockchain payments platform, to introduce stablecoin payments for delivery drivers, merchants, and customers in more than 40 countries, aiming to accelerate payment cycles and reduce international transfer costs while providing flexible options. Tempo is backed by Stripe and Paradigm and partners with firms such as Coastal Bank and ARQ. DoorDash processed 903 million orders in Q4 2025, totaling $29.7 billion in transaction value. PYMNTS Intelligence data show that 88% of companies receiving stablecoins immediately convert them to USD, indicating stablecoins are mainly used as a payment mechanism rather than an investment.

Gate News message, April 22 — North Carolina has officially introduced House Bill 1029, the Digital Asset and Stablecoin Act, marking the state's entry into crypto regulation. The bill, developed following recommendations from a dedicated blockchain committee, aims to integrate digital assets into t

Everstake will exit Celestia and stop operating as a TIA validator by April 28; holders must unstake or redelegate to avoid disrupted rewards, marking a shift in Celestia's validator landscape. Everstake will exit Celestia's ecosystem and cease operation as a TIA validator by April 28. Stakers should unstake or redelegate to avoid loss of rewards or holdings, signaling a change in Celestia's validator landscape.

Tasnim warns that simultaneous damage to several undersea cables through the Strait of Hormuz could trigger severe internet outages across the Persian Gulf, amid prior Red Sea cuts and Houthi threats. Abstract: Iran's Tasnim News Agency cautions that multiple major undersea cables in the Strait of Hormuz, damaged simultaneously by accident or sabotage, could cause widespread internet outages in the Persian Gulf. The region has seen disruptions from Red Sea cable cuts, and Houthi threats have targeted such cables.

Google reports 75% of new code generated by AI, and more than half of ML compute investments aimed at cloud business operations. Abstract: In a corporate update, Google states that AI now generates about 75% of new code and that the majority of its machine learning compute investments will be directed toward cloud-based business operations.

FCA raids eight London sites tied to unregistered P2P crypto trading, issuing cease-and-desist notices. Evidence points to money-laundering and terror-financing probes; no P2P platform is FCA-registered; enforcement signals a tougher AML crackdown. Abstract: The FCA, with tax authorities and police, conducted surprise raids at eight London sites linked to unregistered peer-to-peer crypto trading, issuing cease-and-desist notices. The operation underpins ongoing money-laundering and terrorist-financing probes. No P2P platform is FCA-registered in the UK. Analysts view the action as a shift from statements to enforcement, signaling potential broader crackdowns under AML and financial-promotion rules for crypto assets, which remain high-risk investments.

Google unveils eighth-generation TPUs (8t for training, 8i for inference), new AI agent tools, a $750M enterprise fund, and expanded Broadcom collaboration to advance cloud AI. Abstract: This article reports Google's announcement of the eighth-generation TPUs (8t and 8i), optimized for training and inference, delivering substantial performance and efficiency gains. It also covers new AI tooling for agents, a $750 million fund to promote enterprise AI adoption, and growth in Gemini Enterprise. Additionally, Google expands its cloud compute budget commitment and deepens collaboration with Broadcom to design future TPU chips as alternatives to GPUs, highlighting the company's strategy to scale AI across its services.

Kimi K2.6 tops OpenRouter leaderboard, outperforming Claude, GPT, and open-source rivals, signaling domestic AI progress and narrowing the gap with global leaders. Abstract: Kimi.ai announced that its latest model, Kimi K2.6, ranked first on the OpenRouter programming-ability leaderboard, leading developer evaluations. Benchmarks indicate K2.6 delivers superior performance across programming tasks relative to Claude, GPT-series, and other open-source models, highlighting gains in code generation and development-task handling and signaling progress for domestic AI toward international leaders.

Gate News message, April 22 — El Salvador has launched a mass trial against hundreds of alleged MS-13 gang members, charging them with 29,000 murders as part of President Nayib Bukele's escalating crackdown on street gangs. The trial, which began on Monday, targets the gang's national leadership, st

CoinGecko launches AI market summaries, charts, a wallet-tracker and a partner platform, expanding beyond price data to analysis and daily use as traffic falls, with potential sale near $500M. Abstract: CoinGecko rolled out AI-powered market summaries, advanced charts, a wallet-tracker that monitors public addresses on EVM networks with P&L and average buy price, and a partner platform for project listings and ads. Together with GeckoTerminal, the suite aims to move beyond price data toward daily analytics and engagement, addressing AI competition and changing user behavior while seeking to protect revenue streams amid traffic declines and a potential near-$500 million sale.

Lebanese and Israeli envoys meet in Washington to extend a 10-day ceasefire amid ongoing clashes; extending the pause is tied to progress on withdrawal, detainees, and border demarcation, testing U.S. mediation. Abstract: Lebanon and Israel prepare to resume talks in Washington on April 24 to extend a fragile 10-day ceasefire brokered by the Trump administration. The extension is positioned as essential to advancing broader negotiations on Israeli withdrawal, detainee releases, and border demarcation, even as clashes continue and mutual accusations persist. The discussions will test U.S. mediation skills and the durability of a ceasefire amid ongoing violence and a disputed border buffer zone.

The piece outlines Vitalik Buterin's crypto holdings, showing he holds the majority in ETH (about 224,144 ETH valued around $517 million) with limited diversification into a few altcoins. Vitalik Buterin's asset mix is ETH-heavy (224,144 ETH ~$517M); minor altcoins exist, but many were sent to him without his conscious investment.

Federal class action accuses AI16Z/ELIZAOS of a $2.6B crypto fraud via fake AI claims and deceptive marketing, alleging insider favoritism and a staged autonomous system; seeks damages under consumer protection laws. Abstract: This report covers a SDNY federal class-action filed April 21 accusing AI16Z and its rebrand ELIZAOS of a $2.6 billion crypto fraud involving fake AI claims and deceptive marketing. The suit alleges a manufactured link with Andreessen Horowitz and a non-autonomous system. It details a peak valuation in early 2025, a 99.9% crash, and about 4,000 losing wallets, with insiders receiving ~40% of new tokens. Plaintiffs seek damages and equitable relief under New York and California consumer-protection laws. Regulators in Korea and major exchanges have warned or suspended related trading.