Gate Crypto Flash News and Market Updates

Gate News message, on April 4, according to monitoring by Onchain Lens, since the security incident involving Drift Protocol, wallet addresses associated with its team have transferred 56.25 million DRIFT tokens, worth about $2.44 million, to a certain CEX and Gate.

The Japan Financial Services Agency has issued “Policy Guidelines for Strengthening Cybersecurity for Crypto Asset Exchange Businesses and Related Entities,” with the aim of strengthening investor asset protection. It proposes a three-layer security framework to address the new landscape of cyberattacks. In subsequent plans, it will conduct penetration testing on major operators and revise the guidance to raise security standards.

Gate News update. On April 4, after the U.S. stock market closed, the Dow fell 0.13%, the S&P 500 rose 0.11%, and the Nasdaq rose 0.18%. The crypto sector was mixed: SBET fell 4.18%, MSTR fell 2.4%, TRON rose by more than 11.37%, and MARA rose by more than 8.33%.

A research report from China International Capital Corporation (CICC) notes that the Iran–U.S. conflict has pushed up oil prices, increasing inflation risks, affecting expectations for Fed rate cuts, and driving selling of gold ETFs. Geopolitical developments put oil prices at a crossroads, while the gold market is focused on how an economic downturn could affect it; in the future, it may reassess expectations for rate hikes. Demand for gold investment and prices may have room to rise.

In the first quarter of 2026, funding for crypto startups nearly reached $5 billion, down 16% year over year. Funds flowed into practical sectors, where prediction markets led the way, raising more than $1.7 billion. Top investment institutions are accelerating their entry, and major funding projects include Kalshi and Polymarket.

FTX/Alameda sold 6.94 million DRIFT tokens through Wintermute, raising about $320k. This liquidation took place after the Drift Protocol suffered a $285 million hack. The 8.33 million DRIFT tokens Alameda received from early investments have since seen their current value drop sharply, with the initial investment value falling significantly.

Gate News: Message, on April 4, according to crypto analyst Ai Yi monitoring, three addresses holding Chainlink non-circulating supply collectively transferred 2.5 million LINK to a certain CEX over the past 4 hours, worth approximately $21.65 million.

Gate News message, Circle destroyed another 250 million USDC four hours ago. Over the past month, Circle has destroyed a total of 10.25 billion USDC on Solana. According to Lookonchain's earlier report on April 3, 2026, Circle has been destroying 750 million USDC per day over the past four days, tot

Gate News message, according to Lookonchain, the mysterious whale linked to Erik Voorhees, who previously bought 122,355 ETH ($264.37M), spent another 887.9K USDT to buy 431.8 ETH 5 hours ago. This follows an earlier purchase of 396.7 ETH for 818.7K USDT reported by the same source.

Gate News message. On April 4, U.S. President Donald Trump said in a brief telephone interview that today’s U.S. fighter jet crash in Iran will not affect negotiations with Iran. Trump refused to discuss specific details of the ongoing search-and-rescue efforts following the jet crash, but said he was dissatisfied with some reports about the military action, adding that this is clearly a tense and sensitive military operation. When asked whether today’s incident would affect negotiations with Iran, Trump said clearly that it would not be affected, and said: “No, not at all. No, this is war—we’re fighting.”

A certain account placed a $340k bet on a prediction platform, predicting that the 76ers would beat the Minnesota Timberwolves, with an opening average entry price of 6035¢. The game was held today, and both the 76ers and the Minnesota Timberwolves are ranked sixth in their respective divisions.

DeFi lending protocol HypurrFi issues a security warning, saying that its website domain has been compromised. It urges users not to use that domain and to pause interactions. The team confirms users’ funds are safe and is investigating the domain hijacking incident.

JPMorgan Chase’s analysis shows that in Q1 2026, digital-asset fund flows totaled only $11 billion, market momentum slowed, and the main sources of capital were corporate allocations and crypto venture capital; meanwhile, traditional investors’ participation declined, and the overall market exhibited the characteristics of being dominated by a few large players.

Cosmos ecosystem non-custodial wallet Leap Wallet announced that it will stop operating on May 28, affecting multiple services and features. Users need to re-delegate ATOM as soon as possible to avoid an interruption in earnings. Even though it is shutting down, the team still believes in the future of the crypto industry.

Among the top 100 cryptocurrencies by market cap today, edgeX (EDGE) had the biggest gain, up 40.35%; while Midnight (NIGHT) had the biggest drop, down 6.84%. Overall market performance was noticeably volatile.

On April 3, under market pressure, Bitcoin Treasury Company adopted different strategies: Nakamoto Holdings sold 284 bitcoins to adjust its balance sheet, while Strategy kept 762,000 BTC untouched. New Hampshire plans to issue Bitcoin-backed municipal bonds, expected to raise $100 million. CoinShares merged with Vine Hill Capital and listed on Nasdaq.

The United States will provide a $40 billion reinsurance commitment for vessels transiting the Strait of Hormuz, and will introduce new insurance partners to boost confidence in maritime trade. The DFC will work with multiple insurance companies to jointly determine which vessels qualify for reinsurance.

According to CoinGlass data, on April 3 the total crypto market liquidation amount within 24 hours reached $136 million, affecting 91,285 people. Of this, BTC and ETH liquidations were $33.7147 million and $23.7248 million respectively, and the largest single liquidation was $8.9259 million.

Despite a strong rebound in U.S. March employment data, EY-Parthenon economist Lydia Boussour says the labor market remains fragile, with companies’ hiring intentions declining, and expects the market to be frozen in 2026. The unemployment rate could rise to 4.7%, and the probability of an economic recession is 40%.

Charles Schwab will launch a cryptocurrency trading service called “Schwab Crypto” on its investment platform on April 3, initially supporting trading in Bitcoin and Ethereum and covering most states in the United States. The service has been developed by its subsidiary. Charles Schwab has previously offered related ETF products and supported trading on the EDX Markets exchange.