Gate Crypto Flash News and Market Updates

The Bank of Korea has proposed introducing a “circuit breaker mechanism” into the crypto asset market to address market volatility and risk, and believes that existing regulatory measures are insufficient to deal with potential issues in the crypto market. The context for this proposal is a recent system malfunction incident at a certain exchange.

University of California researchers warn that some third-party AI large language model routers have security risks, which could lead to crypto assets being stolen. Testing found multiple routers injecting malicious code to steal credentials. Developers are advised to avoid transmitting private keys through AI agents and to strengthen security measures.

Telegram CEO Pavel Durov criticized WhatsApp’s end-to-end encryption mechanism, calling it “consumer fraud.” He said that most private messages ultimately are not stored encrypted in the cloud, creating privacy risks, sparking discussions about how messaging apps protect user privacy.

A single address on the Hyperliquid platform held a $73.05 million crude oil short position in a day; its floating profit of $5.89M turned into a floating loss of $2.10 million. Of this, the CL and BRENTOIL short positions were down $1.4M and $620k respectively. The address became the largest leveraged position in BRENTOIL.

The Hong Kong Monetary Authority’s Deputy Chief Executive Officer, Chen Weimin, said the timeline for issuing the second batch of stablecoin licenses is still uncertain and may be affected by the two institutions granted licenses in the first batch. In addition, China-funded institutions were advised to put their applications on hold, and the number of institutions ultimately granted licenses will be limited, with only a small number meeting the requirements of the “Stablecoin Ordinance.” HSBC Payme users can enable a stablecoin account, but they must be Hong Kong local residents.

NXC’s merger audit report shows that as of the end of 2025, its crypto asset holdings were 147.6 billion South Korean won, down 15.2% from the previous year. NXC has sold a stake in a certain exchange and decided to dispose of all its shares in Korbit, while also acquiring the European company CLI Group through its subsidiary to advance business diversification.

According to SoSoValue data, from April 6 to April 10, SOL spot ETF net outflows totaled $5.62 million, with the Grayscale GSOL trust having the largest outflow at $2.6893 million. Invesco & Galaxy Digital's QSOL recorded net inflows of $0.2470 million. Currently, the total net asset value of SOL spot ETFs is $828 million.

Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News update: On April 13, according to Gate market data, as of the time of writing, BEAT (Audiera) is trading at $0.3717. It is up 25.26% over the past 24 hours, with a high of $0.4159 and a low of $0.2801. The total 24-hour trading volume is $10M. The current market cap is approximately $51.78M. Audiera ($BEAT) has pioneered an agent-centric participatory economic system, making humans and autonomous AI agent intelligences equal participants. Agents can have wallets, earn and spend on-chain, create music, and participate in rhythm battles—no longer just tools. This ecosystem is supported by $BEAT , deployed on BNB Chain, for incentive mechanisms and shared prosperity. In Audiera

Last week, spot Ethereum ETFs recorded net inflows of $187 million, among which BlackRock’s ETHA had the largest net inflow, reaching $168 million. Fidelity’s FETH saw net outflows of $62.1274 million, with total net asset value of $12.96 billion.

Trump said that because of Iran’s actions in the Strait of Hormuz, the United States will impose blockade measures, and the world’s reliance on American oil will deepen. He emphasized that U.S. oil reserves have increased significantly, and ships no longer need to pass through the Strait of Hormuz.

Gate News message, April 13, the European Central Bank (ECB) said it supports the EU’s transfer of financial market supervisory powers from national regulators in each member state to a single EU supervisory authority. The measure covers crypto-asset service providers (Crypto-asset Service Providers, CASPs). The purpose is to standardize crypto-asset regulation across the EU.

Gate News message. On April 13, Onchain Lens monitoring shows that Loracle increased its CL short position (7x leverage) to $19.76 million and increased its TON long position (5x leverage). In addition, Loracle also holds BTC, NEAR, LIT, TAO, PAXG, and

Gate News message: On April 13, U.S. Senator Cynthia Lummis posted on social media, saying that the previous administration caused a flight of the digital asset industry. She emphasized that now is the time to set clear regulatory rules for the digital asset industry, welcome it back to the U.S., and urged that the Clarity Act be passed as soon as possible.

SoftBank, NEC, Honda, and Sony Group have recently jointly established a company called “Japan AI Foundation Model Development,” focused on artificial intelligence development. The plan is to assemble about 100 developers and provide related services to Japanese enterprises. In the future, it will also expand into the field of AI controlling robots.

Gate News message: On April 13, according to on-chain analyst Ai Yi monitoring, the swing whale address 0x54d...e6029 is currently placing a limit sell order for 5,000 WETH on Cowswap, with a total value of $11.01 million. This whale frequently uses $10 million for swing trading. On March 30, it built its ETH position at a relatively short-term low point at $1,985. If the sale is successful this time, it will earn a profit of $1.09M.

Gate News message, on April 13, on-chain analyst Yu Jin’s monitoring shows that RAVE’s spot price surged from $0.3 to $6.2 this morning over the past three days, achieving an increase of about 20x. During this period, the RAVE team first transferred 30.58 million RAVE tokens (worth about 19283746565.75T) to a certain CEX to attract funds to short. Then, within nearly two days, they withdrew 31.94 million RAVE tokens from that exchange back onto the chain, and on a certain CEX and other trading platforms, significantly boosted RAVE’s spot price.

Gate News message, April 13, according to Gate Market data, Hong Kong stock market’s “Token first stock,” Xunce(03317.HK), rose more than 20%, with a cumulative gain of over 625% year to date.

On April 13, the precious metals market was under pressure, with gold and silver prices falling by 0.86% and 1.70%, respectively. The crypto market volatility index rose, the U.S. dollar against the Chinese yuan and the yen edged up, crude oil prices surged significantly, with WTI up 8.99%. The Gate platform supports trading a variety of traditional financial products.

Gate News: According to the latest Gate TradFi data, JPN225 (Nikkei 225) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market