Gate.ioNewsBot

According to Gate.io News bot, Bit Digital, a Bitcoin mining company, has submitted an "ATM" financing application for "market issuance" to regulators, planning to raise a maximum of $500 million. This amount exceeds the company's current market capitalization of $429 million.
According to the application documents, the funds raised this time will be invested in three directions: purchasing Mining machines and cloud service equipment, supplementing operating funds, and carrying out potential acquisitions. Bit Digital plans to expand its high-performance computing and cloud service business scale through this financing.

Gate.io News bot message, on-chain trader CryptoD shared his trading experience in an interview with Chain News. He invests about 15 hours a day focusing on on-chain data analysis and community dynamics observation.
CryptoD pointed out that modern on-chain work has evolved from simply monitoring new CAs to multidimensional analysis, including filtering community chat content, following Twitter information, and establishing a personalized smart wallet database. By systematically classifying wallet addresses, he has improved the efficiency of assessing the authenticity and potential of narratives.
In terms of trading strategies, CryptoD emphasizes looking for narratives with "out-of-the-box" potential and emotional resonance, especially projects that can attract web2 users to participate. For profit-taking strategies, he recommends beginners to adopt a doubling down approach.
Source: on-chain news

Gate.io News bot message, the CEO of SOL Strategies recently made a statement clearly distinguishing the different business models of the company and MicroStrategy (. He pointed out that MicroStrategy focuses on enhancing the company's net asset value ) NAV ( through asset accumulation, while SOL Strategies adopts a more comprehensive development strategy.
The company is currently expanding its business scale through external acquisitions of validators and related assets, with plans to gradually shift towards relying on its own capabilities for organic growth in the future. SOL Strategies positions this strategy as a component of the overall business while accumulating and staking SOL tokens, similar to Bitcoin miners increasing the Bitcoin on their balance sheets while operating their mining business.
The company's strategic goal is to develop into an infrastructure company for the Solana ecosystem.

According to the Gate.io News bot, lawyer Hong Lin recently conducted an on-site inspection of a Crypto Assets OTC exchange store at the Harbour Centre in Wan Chai, Hong Kong. The investigation found that the mall is located in the political and economic core area of Hong Kong, with multiple Crypto Assets trading service stores inside.
On-site observations show that USDT dominates the local OTC market, and a related industrial chain has formed on a large scale. At the same time, these exchange shops exhibit characteristics of operating in both compliant and gray areas, with differences in KYC and AML implementation standards among the shops. The investigation also recorded that Web3-related services have integrated into local daily life, supported by actual business transactions and funding needs.
Source: wublock123

Gate.io News bot reports that according to IBTimes, French police launched a raid in Essonne province, a suburb of Paris, successfully rescuing a man who had been kidnapped for two days. The man runs a Crypto Assets company in Malta with his son.
The kidnappers demanded a ransom of between 5 million and 7 million euros from the victim's son. The victim had one finger cut off during the kidnapping. The police arrested four suspects during the rescue operation.
This case is similar to the kidnapping case of Ledger's co-founder that occurred in January this year, as both cases involve the violent abduction of Crypto Assets entrepreneurs and hefty ransom demands.

According to the Gate.io News bot, CloverPool data shows that the Bitcoin network completed a new round of Difficulty Retargeting on May 4, 2025, at 05:00:13 (Block Height 895,104). In this adjustment, the difficulty value was reduced by 3.34%, reaching 119.12 T. The data also records that the current average Computing Power of the Bitcoin network remains at 886.18 EH/s.
Source: Wu Says

According to Gate.io News bot, as reported by Wu, @smoldev__, co-founder of the blockchain gaming ecosystem Treasure DAO, recently announced that Treasure has extended its USDC funding chain until the autumn of 2026, and this funding does not include the recovering MAGIC treasury bonds. Further details will be disclosed in the quarterly report on Monday.
Previously, John, the chief contributor of Treasure DAO, announced via video that due to the deterioration of financial conditions, Treasure DAO is undergoing restructuring and has decided to terminate game operations and Treasure Chain.

Gate.io News bot message, according to the data panel displayed by @Adam_Tehc, PumpSwap achieved a single-day volume of $677 million on May 3, generating $1.353 million in LP fees and $338,000 in protocol fees, all of which set new historical records.
DeFiLlama data records show that in the past 24 hours, the volume of Pump Fun and PumpSwap surpassed that of Raydium and LaunchLab.
Source: Wu Shuo

According to Gate.io News bot, as reported by Joseilbo, the South Korean Financial Services Commission has announced a new policy that allows non-profit organizations and virtual asset exchanges to legally sell their held virtual assets starting from June. This policy requires institutions to establish an internal review mechanism and strengthen AML checks.
According to specific regulations, cryptocurrency donation assets received by non-profit organizations must be "immediately liquidated", and transactions are limited to mainstream coins on Korean won exchanges. In addition, the South Korean government will implement new regulatory measures starting June 1, setting minimum circulation standards for newly listed coins and restricting market price orders in the early stages of listing to regulate "listing pump" and the trading behavior of zombie coins and meme coins.

According to the Gate.io News bot, as reported by Point Daily, the number of virtual asset investors in South Korea has reached 16 million, accounting for 36% of the national electorate.
Before the presidential election on June 3, the three main candidates successively announced their virtual asset policies. The candidate from the Democratic Party, Lee Jae-myung, plans to promote virtual asset legislation and invite token securities experts to participate; the candidate from the People Power Party, Kim Moon-soo, proposed to open up the National Pension to invest in crypto assets, ETF trading, and relax regulatory restrictions; the candidate from the third party, Lee Jun-seok, suggested easing blockchain regulations and promoting industry development.

According to Gate.io News bot, crypto journalist Eleanor Terrett reported that 10 U.S. senators released a joint statement announcing their opposition to the latest GENIUS bill. The statement pointed out that there are deficiencies in the provisions of the bill concerning AML, national security, and the safety of the financial system.
The signers of the statement include several senators, including Democrat Ruben Gallego. Among them, four Democratic lawmakers who supported the bill in March have now switched to opposing it. The controversy surrounding this bill coincides with news reports about the Trump family profiting from encryption projects.
Source: Wu Says

According to the Gate.io News bot, reported by Wu, Warren Buffett made a statement in Omaha on Saturday announcing his retirement at the end of this year. In the statement, Buffett pointed out that the current fiscal deficit in the United States is in an unsustainable state. Regarding the recent fluctuations in the U.S. stock market, he believes this is not a severe Bear Market.
Buffett also expressed concerns about the monetary policy of the U.S. government, pointing out that the government tends to make decisions that lead to currency devaluation. In addition, he criticized the current U.S. tariff war, emphasizing that trade should not be weaponized. He stated: "In the U.S., we should seek to trade with other countries in the world. We should do what we do best, and they should do what they do best."

According to the Gate.io News bot, monitoring data from @EmberCN shows that a Whale in the Crypto Assets market has suffered significant losses in TRUMP Token trading. This Whale sold 630,000 TRUMP Tokens at a price of $8.7 on April 23, gaining $483,000. After the announcement of the Trump dinner plan, the price of TRUMP rose to $16.
The Whale subsequently repurchased 337,000 TRUMP Tokens at a price of $15.39 on April 27. However, during the market adjustment, the Token price dropped by 13% to $11.29, forcing it to choose to sell. This transaction not only lost the previous profit of $483,000 but also incurred a loss of $900,000 in principal, totaling a loss of $1,383,000.
Source: Wu Says

gate News bot消息，Crypto Assets交易所 Gemini 首席执行官 Dave Abner 于 2023 年 12 月 19 日宣布离职。Abner 在社交媒体 X 上发布消息称："After 2.5 years at Gemini, I have decided to leave the company. I am proud of what we accomplished and I am excited for my next chapter."
Abner joined Gemini in 2021, during which he was responsible for global business development. Prior to joining Gemini, he served as Executive Vice President at WisdomTree Asset Management.
According to sources, Gemini has not yet announced a new CEO.

According to the Gate.io News bot and BWENEWS report, the crypto assets market recently experienced a sudden flash crash. Several altcoin prices fell sharply within one minute. This price fluctuation came on rapidly, and the cause has not yet been clarified.

Gate.io News bot message, Arizona Governor Katie Hobbs vetoed a state-level Bitcoin reserve bill (SB 1025). The bill had previously passed the state House of Representatives with a vote of 31 to 25, and was originally intended to invest seized funds in Bitcoin, managed by the state government for digital asset reserves.
Hobbs noted in the statement that the Arizona retirement system has performed steadily due to its prudent investments, and the state government should not include virtual currencies as "unverified investments" in public asset management.
Source: CoinDesk

According to the Gate.io News bot, monitoring data from @ai_9684xtpa shows that a whale investor who held 76,000 ETH during the 2015 ICO completed the closure of all positions in ETH at 21:04 Beijing time. This whale recently transferred 2,000 ETH to the Kraken exchange, valued at approximately 3.66 million USD. In the past two weeks, this investor has sold a total of 14,000 ETH, amounting to 24.75 million USD.
Source: Wu Says

According to the Gate.io News bot, CoinDesk reported that the CME Group's April encryption derivatives trading data shows an average daily trading volume of 183,000 contracts, a month-on-month increase of 129%, with a total contract size of $8.9 billion.
The specific data shows that Ethereum futures performed the most prominently, with an average daily trading volume of 14,000 contracts, an increase of 239%. The average daily trading volume of micro Ethereum futures and micro Bitcoin futures reached 63,000 and 78,000 contracts, respectively, with increases of 165% and 115%.
It is worth noting that the standard futures contract units for Bitcoin and Ethereum on CME are 5 BTC and 50 ETH, respectively, while the micro contract is 0.1 units. In addition, the overall average daily trading volume of CME in April reached 35.9 million contracts, a year-on-year increase of 36%, setting a new historical high.

According to the Gate.io News bot, on-chain data shows that a wallet Address (FqVewvi79ca4aYvJfcmMMBS77khTC1w6oWTagXuuZZnV) made a large $POPE Token transaction in the past hour. The address purchased 3.79 million POPE Tokens for 608,900 USDC, and then sold all holdings for 449,600 USDC, resulting in a single transaction loss of 159,300 USDC.