Gate Cryptocurrency News and Market Analysis

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Musk Testifies xAI Used OpenAI Models to Train Grok

Elon Musk testified Thursday in California federal court that his artificial intelligence company xAI partly used OpenAI models while training its Grok chatbot, according to TechCrunch. The admission represents a rare public acknowledgment by a major AI developer of a practice under growing
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OpenAI Launches Advanced Account Security for ChatGPT

Advanced Account Security Launch OpenAI on Thursday introduced Advanced Account Security, a new opt-in setting for ChatGPT designed for users who want stronger protection or face higher risks of digital attacks. The company said the new feature was created in response to how people are
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Powerus deal tightens Trump family links to Pentagon drone war

The U.S. Air Force's interceptor drone deal with Trump‑backed Powerus tightens family links to the Pentagon as Washington pivots to cheap AI drones against Iran. Summary The U.S. Air Force has agreed to buy an undisclosed number of interceptor drones from Powerus, a defense startup backed by
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Walrus Launches MemWal SDK for AI Agent Memory

Walrus has launched MemWal, an SDK designed to address limitations in agentic memory by bringing verifiability, availability, portability and sharability to how AI agents store and access information, according to Mysten Labs Group Product Manager Abinhav Garg. Verifiable and Portable Memory
WAL-2,43%
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Powell Exits Fed Chair; Warsh Takes Over May 15, 2026

Jerome Powell's term as Federal Reserve chair ends on May 15, 2026, when former Fed Governor Kevin Warsh assumes the role following Senate confirmation expected the week of May 11. Powell announced on April 29 that he will remain on the Board of Governors until January 2028 — the first former Fed ch
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CryptoRank: Only 6 ICOs Completed in 2026, Funding Slows

According to CryptoRank, only six Initial Coin Offerings (ICOs) were completed in 2026 to date, with half trading below their offering prices. Crypto financing is undergoing a structural shift, with venture capital funding rounds also decelerating in April compared to earlier in the year. The six IC
SOL0,6%
ETH0,84%
BNB0,37%
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Oman moves to scale AI ecosystem with new special economic zone

Oman has moved to formalise its artificial intelligence strategy with a Royal Decree from Haitham bin Tarik creating a dedicated economic zone for AI in the capital governorate of Muscat. Summary Oman establishes a dedicated Special Artificial Intelligence Zone in Muscat through a Royal Decree
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Survey: 70% of Investors See Bitcoin as Undervalued

A global survey conducted by Coinbase and Glassnode found that over 70% of investors believe Bitcoin is currently trading at undervalued levels, according to the survey data. The survey included 91 total respondents comprising 29 institutional investors and 62 individual investors. Institutional inv
BTC1,02%
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Real Finance and Wiener Privatbank Launch Tokenized Asset Infrastructure

Real Finance has entered into a strategic partnership with Wiener Privatbank to develop regulated infrastructure for institutional participation in blockchain-based financial markets, according to the partnership announcement. The collaboration connects traditional banking systems with the REAL bloc
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TrueMoney Philippines Ceases Operations in Planned Market Exit

TrueMoney Philippines, a digital payments and remittance company, announced on April 30 that it will fully cease commercial operations in the Philippines as part of a planned market exit. The company said it is carrying out an orderly wind-down of operations after a decade of service in the
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Mastercard Q1 2026: $0.73 EPS beats expectations as revenue climbs 14%

Mastercard (NYSE: MA) posted first-quarter 2026 earnings on March 31, 2026, with net income of $870 million, or $0.73 per share, beating analyst expectations of $0.72 per share. The world's second-largest debit and credit card company reported net revenue of $2.18 billion, up 14% from the
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Saudi Arabia Q1 GDP Growth Slows to 2.8% Amid Iran War

Saudi Arabia's economic growth slowed significantly in the first quarter of 2026 following the US-Israeli war with Iran, with GDP expanding just 2.8 percent according to a flash estimate released by the General Authority of Statistics on Thursday, April 30, 2026. This marks a sharp decline from 5 pe
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