Scan to download
BTC $76,853.67 -1.51%
ETH $2,288.96 -2.46%
BNB $623.35 -1.30%
XRP $1.39 -2.26%
SOL $84.55 -2.32%
TRX $0.3251 +0.36%
DOGE $0.0978 -0.89%
ADA $0.2456 -2.50%
BCH $448.09 -0.76%
LINK $9.23 -2.43%
HYPE $41.64 +0.68%
AAVE $96.95 +1.17%
SUI $0.9239 -1.95%
XLM $0.1649 -3.22%
ZEC $355.99 +0.49%
BTC $76,853.67 -1.51%
ETH $2,288.96 -2.46%
BNB $623.35 -1.30%
XRP $1.39 -2.26%
SOL $84.55 -2.32%
TRX $0.3251 +0.36%
DOGE $0.0978 -0.89%
ADA $0.2456 -2.50%
BCH $448.09 -0.76%
LINK $9.23 -2.43%
HYPE $41.64 +0.68%
AAVE $96.95 +1.17%
SUI $0.9239 -1.95%
XLM $0.1649 -3.22%
ZEC $355.99 +0.49%

sca

The conflict has pushed oil prices to rise continuously, and Gate's crude oil contract trading scale and liquidity are among the top in the industry

Due to the ongoing escalation of the US-Iran conflict and restrictions on transportation in the Strait of Hormuz, international oil prices continue to rise strongly, experiencing the longest consecutive increase since January. Data shows that Brent crude oil (XBRUSDT) on the Gate platform is priced at $99.78, an increase of about 2.31%; WTI crude oil (XTIUSDT) is priced at $96.62, an increase of about 2.22%. Against the backdrop of rising oil prices, the trading activity of related derivatives has also increased.According to Coinglass data, the 24-hour trading volume of WTI crude oil (XTIUSDT) on the Gate platform reached $20.08 million, with a position size of about $4.53 million, ranking first among all exchanges; the 24-hour trading volume of Brent crude oil (XBRUSDT) reached $10.92 million, with a position of about $3.81 million, also ranking first. Driven by high volatility, market participation continues to rise, further highlighting Gate's advantages in liquidity and trading depth in the energy derivatives sector.Gate Contracts has pioneered the commodity contract sector, covering perpetual contract trading for XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil), and NG (natural gas), providing 24/7 trading, USDT settlement, and up to 100x leverage, helping users with cross-market asset allocation and strategic layout in volatile markets.

The United States sanctions Cambodian senator, the crackdown on cryptocurrency fraud continues to escalate

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against Cambodian Senator Kok An, accusing him of controlling "fraud parks" across the country, defrauding American victims through cryptocurrency investment scams.According to a statement released by OFAC on Thursday, in addition to Kok An, 28 other individuals and entities have been added to the sanctions list, all believed to be connected to his fraud network. This network is accused of luring victims into sending cryptocurrency assets under the guise of "high return investments." This action follows a raid by Cambodian police on two scam centers in the border city of Poipet. Previously, Kok An had been accused of operating scam bases in the area. OFAC stated that scammers typically gain victims' trust by establishing "friendships" or "romantic relationships," then guide them to participate in so-called cryptocurrency investment platforms, thereby defrauding them of funds, with the total amount involved reaching millions of dollars.It is noteworthy that some individuals involved in the scam activities are themselves victims of human trafficking, forced to engage in illegal activities under threats of violence. OFAC pointed out that these scam centers are often located in casinos or repurposed office parks, used not only for money laundering but also as bases for defrauding American citizens and committing human rights violations. Additionally, regulators have simultaneously shut down over 500 fraudulent website domains used for cryptocurrency investment scams, indicating that the U.S. crackdown on related criminal activities is intensifying.

Chan Mo-po: Hong Kong will strive to become a key hub for the application and scaling development of AI and Web3 technologies

The Financial Secretary of Hong Kong, Paul Chan, delivered the opening speech at the 2026 Hong Kong Web3 Carnival, stating, "The rise of AI agents this year is another noteworthy milestone. The intersection of AI and technologies like Web3 is changing the game. The combination of the two will elevate transaction efficiency to a new level and cover a broader range of business areas, from finance and trade to wealth management, supply chain operations, and logistics. This combination will create a multitude of new opportunities but will also pose a series of challenges, such as issues related to infrastructure payment and settlement systems and regulatory rules.Hong Kong's policy on Web3 and AI has always been clear, maintaining consistency under the principle of 'one country, two systems.' As an international financial center, Hong Kong embraces innovation, with stablecoins, tokenization, and AI becoming important components of the mainstream future. Hong Kong's regulators have a dual mission of prudent regulation and promoting market development, which requires us to encourage and support more innovative applications, improving our institutional framework based on continuous experience. I firmly believe that Hong Kong will undoubtedly become a key hub for the thriving development, widespread application, and responsible scaling of the new generation of technologies."
app_icon
ChainCatcher Building the Web3 world with innovations.