Gate Crypto Flash News and Market Updates

Gate News: According to the latest Gate TradFi data, CHCUSD100 () has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

SolanaFloor data shows the Drift protocol vulnerability's affected scope has expanded to 20 protocols, with losses exceeding $10 million, including Prime Numbers Fi and Gauntlet. Most affected protocols have paused the relevant functionality and are taking countermeasures.

Gate News message, April 3, the newly released ranking of CodeArena, an AI programming-focused competition under the globally renowned model blind test leaderboard LMArena, was published. Alibaba’s latest generation large language model, Qwen 3.6-Plus, ranked second on the global leaderboard, surpassing international giants such as OpenAI, Google, and xAI, becoming the highest-ranked Chinese model on that leaderboard.

Gate News message, April 3, Intergaze, a zero-gas-fee chain optimized for NFTs, announced its official shutdown. All users must complete asset withdrawals within 14 days before the bridge is shut down. The NFTs of NFT holders will be migrated to the new platform in the second half of May.

Gate News, April 3, according to Gate market data, as of the time of publication, BR (Bedrock) is trading at $0.16122. In the past 24 hours, it has increased by 41.99%, reaching a high of $0.17303 and a low of $0.10486. The 24-hour trading volume has reached $1.3479 million. The current market capitalization is approximately $42.1187 million. Bedrock is a multi-asset supported liquidity re-staking protocol that has launched a Bitcoin staking product, uniBTC. As a BTC liquid staking asset, uniBTC enables users to earn staking rewards while maintaining the liquidity of their assets, opening up a new yield opportunity in the trillion-level Bitcoin market.

As of April 2, the U.S. XRP spot ETF had a total net inflow of $646,000 in a single day, with the Bitwise XRP ETF seeing a net inflow of $1.3138 million, for total net inflows reaching $378 million. The Canary XRP ETF had a net outflow of $1.2492 million in a single day, with total net inflows reaching $420 million. The total assets net asset value of the XRP spot ETF is $917 million.

Genius has published a new prediction event. Data shows that the probability that FDV exceeds $100 million after one day from opening is 74%, and the probability that it exceeds $200 million is 33%. At the same time, Genius announced it will complete the TGE by April 12, with a total airdrop amount of 70 million tokens.

On April 3, U.S. stock market closed: the Dow Jones fell slightly by 0.13%, while the S&P 500 and the Nasdaq rose by 0.11% and 0.18%, respectively. Crypto sector performance was mixed: Solana rose 9.41%, while most other digital assets fell. msx.com launched hundreds of decentralized RWA tokens, involving multiple well-known U.S. listed companies.

Gate News reports that on April 3, Polymarket announced it has reached an exclusive prediction market partnership with Spain’s La Liga. La Liga becomes the first major European football league to partner with a prediction market platform. Following the agreement, official match prediction markets for teams such as Real Madrid and FC Barcelona will be available exclusively on Polymarket.

On April 3, precious metal prices fell, with gold and silver dropping 1.72% and 2.81%, respectively. The volatility index dipped slightly, and most of the foreign exchange market remained flat. European stock indexes were broadly lower, except for the UK FTSE 100, which rose slightly. Meanwhile, oil prices surged significantly, with WTI up 13.01% and Brent up 8.09%.

According to SoSoValue data, on April 2, the SOL spot ETF recorded a net inflow of $9.329 million for the day, all of which came from the Fidelity Solana Fund ETF. Its current total net asset value is $771 million, and its historical cumulative net inflows have already reached $980 million.

As of April 3, DRIFT’s price is up 24.16%, now trading at $0.0561, with a market cap of approximately $32.62 million. Drift Protocol, as a decentralized exchange, has performed well in terms of security and liquidity, but trading has been restricted due to recent security incidents and risk management measures by South Korean exchanges, which has increased market volatility.

Gate News, April 3, according to Gate market data, as of the time of this release, XPL (Plasma) is trading at $0.12. As of the time of this report, it has increased by 11.34% in the past 24 hours, reaching a high of $0.17 and dropping to a low of $0.10. The 24-hour trading volume is $9.1528 million. Its current market cap is approximately $281 million. Plasma is a high-performance Layer 1 blockchain designed specifically for stablecoins. Plasma is committed to serving the stablecoin market that has already surpassed a total issuance of $275 billion and monthly transaction volumes in the tens of trillions of dollars. Its core advantages include: zero-fee USDT transfers, custom Gas tokens, and convenient crypto payments. At the same time, supported by outstanding throughput, it provides solid backing for global-level transaction circulation. This news does not constitute investment advice; investors should be mindful of market volatility.

Gate News, April 3, according to OnchainLens monitoring, 4 hours ago, two addresses received 1,781 BTC from BitGo, worth $118.92 million.

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit on April 3 against Arizona, Connecticut, and Illinois, reaffirming its exclusive jurisdiction over event contracts and prediction markets, and seeking to have federal courts bar state-level interference with prediction market activities that comply with federal regulations.

Gate News: According to the latest Gate TradFi data, CHCUSD100 () has dropped by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

The official TRUMP token announcement says that boxer Tyson will attend the Mar-a-Lago holders’ luncheon on April 25 and give a speech. The first 297 holders can attend, and the first 29 can share the stage with Trump and 18 celebrities.

Gate News message, on April 3, Lighter founder and CEO Vladimir Novakovski revealed during the Q1 investor conference call that Lighter has already initiated the process of applying for a license for on-chain derivatives trading. Vladimir Novakovski said that if you want to attract large traditional financial institutions like Citadel, it would be impossible without a license.

Sonic Labs announced that 32.69 million S tokens that were not yet claimed in the Q1 and Q2 airdrops will be burned on October 15. Claims for the Q1 airdrop must be made by April 18; otherwise, you may face a penalty. For Q2, claims must be made by May 24.