Gate Crypto Flash News and Market Updates

On-chain asset management firm MEV Capital's assets under management decreased from $1.5 billion in October 2025 to $300 million, an 80% shrinkage. The reduction in assets was caused by the stablecoin de-pegging incident in October last year, which resulted in losses exceeding $10 million. The company's revenue also declined significantly, with first-quarter 2026 revenue totaling only $804,720, an 86.8% decrease from the previous period. Additionally, institutions such as Belem Capital and Midas have terminated their collaborations with MEV Capital.

Odaily Planet Daily reports that, according to Gate data, spot gold dropped $30 in the short term, trading at $5154.32 per ounce; spot silver plunged as much as 4% intraday, currently at $85.90 per ounce.

ChainCatcher message, according to Gate market data, the Nasdaq Composite Index opened down 59.77 points, a decrease of 0.26%, at 23,092.31 points on February 26 (Thursday); the S&P 500 Index opened down 3.1 points, a decrease of 0.04%, at 6,943.04 points; the Dow Jones Industrial Average opened up 192.01 points, an increase of 0.39%, at 49,674.16 points.

ChainCatcher reports that, according to Gate market data, when the U.S. stock market opened, the Dow Jones Industrial Average rose 0.35%, the S&P 500 index slightly declined 0.04%, and the Nasdaq Composite fell 0.28%. Nvidia (NVDA.O) opened down 1.24% after the company released earnings that exceeded market expectations; Baidu (BIDU.O) opened down 4.92%, with its total revenue for fiscal year 2025 showing a year-over-year decline.

Former Florida CEO Christopher Alexander Delgado was arrested for allegedly operating a $328 million Ponzi scheme and faces wire transfer fraud and money laundering charges, with a maximum sentence of 30 years. The victims' returns were funded by subsequent investors' money.

Odaily Planet Daily reports that HyperLend announced on the X platform that its native token HPL is now officially listed on Hyperliquid. HyperLend reminds users that HPL is the trading symbol and is currently only tradable on the Hyperliquid platform. Please verify the code and link carefully before trading to prevent scams.

Gate News bot message: According to the latest Gate TradFi data, SNOW has risen by 6% in the short term, with current volatility significantly higher than the recent average level, indicating increased market activity.

Foresight News reports that OpenAI and the design collaboration platform Figma have announced a new integration solution that directly connects OpenAI's AI programming tool Codex with the Figma design platform. Product developers can generate Figma designs from Codex and implement designs from Figma files back into code.

Decibel, a fully on-chain perpetual contract exchange incubated by Aptos Labs, has launched on the Aptos mainnet, attracting over 700,000 unique accounts and more than 132,000 daily active users. Its daily trading volume exceeds 1 million transactions, with pre-deposits reaching $58 million before the mainnet launch. It adopts a centralized limit order book model and plans to expand into spot markets and multi-collateral accounts in the future.

MetaMask partners with Mastercard to launch the MetaMask Card in the United States, debuting in New York. It can be used at all merchants accepting Mastercard and is compatible with digital wallets. In 2024, it will expand to users in the European Union and the United Kingdom, supporting multiple cryptocurrencies.

ChainCatcher reports that, according to market sources, Solana treasury company DeFi Development listed on Nasdaq announced a strategic investment in stablecoin protocol Apyx. The specific investment amount has not been disclosed yet, aiming to establish an early foothold in the emerging dividend-backed stablecoin (DBS) category. Apyx's model can convert dividend flows into on-chain yields, providing a scarce income opportunity for the over $300 billion stablecoin market, while also aligning with the trend of digital asset treasury companies accumulating digital assets through preferred stock.

ChainCatcher Message: According to Coinglass data, if ETH drops below $1,963, the total long liquidation strength on major CEXs will reach $1.322 billion. Conversely, if ETH breaks above $2,168, the total short liquidation strength on major CEXs will reach $881 million.

ChainCatcher news reports that Federal Reserve Board member Mullan stated that a rate cut of about 1 percentage point is needed this year.

ChainCatcher message, according to Jinshi reports, Federal Reserve Board Member Milan stated that he does not believe there is an inflation problem in the United States at the moment.

ChainCatcher News reports that Federal Reserve Board member Milan stated that excessive bank regulation is detrimental to credit creation, and he is a strong supporter of the Federal Reserve Board member Bowman’s agenda.

Gate News bot message, ZachXBT published an insider-trading investigation. The investigation alleges that Axiom employees used nonpublic information to trade. According to ZachXBT, the employees accessed confidential data for trading activities.

Foresight News: The People's Bank of China issued a notice regarding matters related to RMB cross-border interbank financing business for banking financial institutions. The notice mentions supporting domestic banks to meet market demand and conduct RMB cross-border interbank financing business in accordance with laws, regulations, and risk controllability principles. Domestic Chinese-funded banks, wholly foreign-owned banks, and Sino-foreign joint venture banks engaging in related businesses should be managed uniformly by the bank's head office. In accordance with the principle that substance over form, all RMB cross-border interbank financing business should be included within the scope of management, and sound risk management and internal control mechanisms should be established and improved.

K33 Research's analysis report shows that between January 2025 and February 2026, the average minute return at 10:00 AM for Bitcoin is in a strong zone. Although there have been negative returns in this period over the past four months, 34 minutes performed worse. The report also notes that BTC volatility peaks are related to the release of U.S. macroeconomic data and the opening of U.S. stock markets, and market discussions about "dumping" lack data support.

Odaily Planet Daily reports that Bloomberg has announced a partnership with Kaiko to jointly develop an on-chain access solution. Trusted Data License data will be integrated on-chain through Kaiko's infrastructure, aiming to address longstanding data consistency issues in current processes, including inconsistent data sources, time discrepancies, and pipeline fragmentation, which lead to operational friction and increased reconciliation costs. Through the tokenized workflow of accessing Bloomberg data on-chain, counterparties can reference a single verifiable data source, eliminating ambiguity and supporting process automation. (PRNewswire)