Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

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Plum Reaches Operational Profitability in January 2026

Personal finance app Plum announced it reached operational profitability in January 2026, marking its first positive EBITDA milestone as the platform expands its user base and revenue streams. The company attributed the result to growth across subscriptions, asset-based income, and transaction reven
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Judge Kaplan Denies Bankman-Fried New Trial Motion

US District Judge Lewis Kaplan has denied Sam Bankman-Fried's request for a new trial, filing an order Tuesday in the US District Court for the Southern District of New York that rejects claims of new evidence showing the now-bankrupt FTX exchange was solvent. The judge dismissed Bankman-Fried's
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Tether Leads $14M Investment in Argentine Crypto Platform Belo

Tether, the issuer of the world's largest stablecoin USDT, led a $14 million Series A funding round for Argentine crypto platform Belo, according to a statement. The investment marks Tether's deeper push into Latin America, with co-investors including Titan Fund, The Venture City, Mindset
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King Charles Urged Ukraine Support; Putin Media Falsely Claims War Call

King Charles III addressed the US Congress on 29 April 2026, urging strong support for Ukraine in the name of peace. However, Vladimir Putin's propaganda machine distorted his remarks to falsely claim the monarch was calling for NATO to prepare for war with Russia, according to the article. King C
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European Airlines Risk Shutdown Over Fuel Crisis, Wizz Air CEO Warns

Wizz Air CEO József Váradi warned on 29 April 2026 that airlines across Europe could face shutdown by September if jet fuel prices remain high, according to statements reported by The Telegraph. Váradi cautioned that a slowdown in summer bookings combined with the ongoing jet fuel crisis could
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Bernstein Maintains $130 Robinhood Target Despite Q1 Miss

Bernstein analysts maintained their outperform rating and $130 price target on Robinhood on Wednesday, arguing the stock had already bottomed in the first quarter even as shares fell over 6% in after-hours trading following the company's quarterly results that fell short of Wall Street estimates.
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Benzinga, Apex Fintech Integrate Market Intelligence APIs

Benzinga has announced a data relationship with Apex Fintech, extending the distribution of real-time market intelligence APIs across a broad network of financial platforms. The integration allows Apex clients, including brokerages, fintech platforms, and developers, to access structured financial d
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Wikimedia Begins Indonesia PSE Registration to Maintain Access

Indonesia's Ministry of Communication and Digital announced on April 28 that the Wikimedia Foundation has begun registering as an electronic system operator (PSE), according to Bisnis Indonesia. The registration process follows talks that began on April 23 to ensure Wikipedia remains accessible in t
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UAE Exits OPEC on May 1, Weakening Group's Oil Market Control

The United Arab Emirates announced on April 28, 2024, that it will leave OPEC on May 1, 2024, after nearly 60 years of membership, according to OPEC+ delegates and analysts cited in reporting on the departure. The exit marks a significant shift in the organization's power, with the UAE described
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AWS Expands OpenAI Integration in Amazon Bedrock

Amazon Web Services announced on April 29 a significant expansion of its partnership with OpenAI, integrating OpenAI's latest capabilities into its cloud infrastructure. The expansion brings three new offerings to Amazon Bedrock: OpenAI's latest models (limited preview), the Codex programming
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eFishery Founder Sentenced to 9 Years for $300M Fraud

Indonesia's Bandung District Court sentenced eFishery founder Gibran Huzaifah to 9 years in prison on charges of embezzlement and money laundering tied to a US$300 million accounting scandal, according to Bloomberg. The court also imposed a fine of 1 billion rupiah (approximately US$58,000) and
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