Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
01:01

Sui DeFi Protocol Volo Suffers Security Breach, $3.5M in Assets Stolen

Volo on Sui reports a $3.5M breach in three vaults; freezes vaults; $28M TVL unaffected; investigation underway; Volo bears the loss and will publish a post-incident report. Volo, a BTCFi and liquid staking token protocol on the Sui network, disclosed a security breach affecting about $3.5 million across three vaults. The team froze all vaults and notified the Sui Foundation and ecosystem partners; the remaining vaults totaling around $28 million TVL remain secure. Volo will bear the loss and publish a comprehensive post-incident report and remediation plan after the investigation is complete.
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SUI1,89%
WBTC2,45%
USDC0,01%
01:01

Trump Seeks to Extend Jones Act Waiver to Keep U.S. Oil Shipping Costs Down

Trump seeks to extend a 60-day Jones Act waiver paused in March to ease oil shipments amid tensions; White House notes 40 tankers boosted fleet by 70%, cutting transport costs. Abstract: This article discusses President Trump's effort to extend a 60-day waiver of the Jones Act, suspended in March to ease oil shipments amid Iran tensions. It notes that the waiver has expanded the effective U.S. fleet by about 70% and enabled 40 tankers to move petroleum between ports from California to Texas, Florida, and Alaska, helping to reduce transportation costs.
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00:55

Whale Wallets Cash Out ASTEROID Holdings for Over $2M in Combined Profits

Gate News message, two whale wallets have sold their entire ASTEROID positions. Wallet "0x970" disposed of 2.9B $ASTEROID for $1.17M worth of $ETH and $BNB, originally purchased for $10,962, securing $1.16M in profit. Wallet "0xeff" sold 3.39B $ASTEROID for $935,402 worth of $ETH, which was acquired
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ETH2,37%
BNB1,54%
00:42

Crypto Fear & Greed Index Drops to 32, Market in Panic Mode

Crypto Fear & Greed Index fell to 32 from 33, signaling continued panic; the 0-100 scale marks fear below 50 and greed above 50. Abstract: The Crypto Fear & Greed Index dropped to 32 on April 22, signaling ongoing panic after a decline from 33 the previous day. The index operates on a 0-100 scale, with readings below 50 indicating fear and readings above 50 indicating greed.
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00:42

Trump Says Iran Doesn't Want Strait of Hormuz Closed, Earns $500M Daily From Shipping

Abstract: Iran aims to keep the Strait of Hormuz open to maintain shipping revenue; Trump says Iran's closure threat is a face-saving tactic to justify sanctions, while claiming a full blockade pressure. Summary: Trump says Iran wants the Strait of Hormuz open for $500 million daily in shipping; closing talk is a face-saving tactic, with a full blockade and hardline terms for any deal.
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00:39

OG PEPE Whale Linked Wallet Buys 5.66M SPIKE, PEPE Investment Returns Reach 52,600x

Solana wallet fent.sol, linked to an OG PEPE whale, bought 5.66M SPIKE tokens; its PEPE stake peaked near $100M, sold 3.94T PEPE for $5.74M, now holding 1.97T PEPE worth $7.5M for about a 52,600x return. Abstract: The piece reports Lookonchain's claim that the Solana wallet fent.sol, tied to a major PEPE holder, acquired 5.66 million SPIKE tokens and built a large PEPE position. The PEPE investment reportedly peaked at around $100 million, with most PEPE sold for $5.74 million; the remaining 1.97 trillion PEPE is valued at about $7.5 million, yielding an estimated 52,600x return on the initial investment. The article illustrates the extreme volatility of meme-token trading and the influence of wallet-linked whales.
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PEPE3,2%
ETH2,37%
00:33

If ETH Breaks $2,429, Major CEX Short Liquidations Could Reach $1.18B

Ethereum: a break above $2,429 could trigger up to $1.18B in short liquidations on major CEXs; a drop below $2,209 could trigger up to $1.01B in long liquidations. Abstract: This brief market note analyzes potential Ethereum liquidation scenarios on major centralized exchanges tied to key price thresholds. A move above $2,429 may unleash up to $1.18 billion in short liquidations, while a fall below $2,209 could unleash up to $1.01 billion in long liquidations.
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ETH2,37%
00:31

Visa Launches Intelligent Commerce Connect for AI Agent Payments

Visa unveils Intelligent Commerce Connect, enabling AI-initiated purchases via a single integration on the Visa Acceptance Platform, with payment initiation, tokenization, authentication, and controls; pilots with partners, rollout planned this year. Abstract: Visa introduces Intelligent Commerce Connect, a service that lets AI agents initiate purchases through a single integration on the Visa Acceptance Platform. It supports payment initiation, tokenization, authentication, and spending controls for both Visa and non-Visa cards, helping businesses accommodate AI-driven shopping. The service is currently piloted with partners such as Aldar, AWS, Diddo, Highnote, Mesh, Payabli, and Sumvin, with broader rollout planned later this year.
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00:30

Account With 46% Win Rate Bets $850K on Spurs Over Trail Blazers in NBA Playoff Western First Round Game 2

Polymarket tracked a 46% win-rate account placing $850k on Spurs in NBA Playoff Game 2: $800k on Spurs win and $50k on Spurs spread, as Spurs lead 1-0 in the series. Abstract: Gate News reports that a Polymarket user with a 46% win rate placed $850,000 on the Spurs vs. Trail Blazers playoff game, including $800,000 on Spurs to win at 84.5 cents and $50,000 on Spurs spread at 50.8 cents. The Spurs held a 1-0 series lead as the game began, with listed lineups for both teams.
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