News Heat Trend
Project Overview
Meanwhile is a life insurer with premiums and claims in cryptocurrency, creating core financial products denominated in Bitcoin (BTC). Meanwhile’s artificial intelligence (AI)-powered systems allow users to easily apply for their BTC life insurance policies, a tax-advantaged way to make a portion of policyholders’ Bitcoin active.
Meanwhile Completes $37.5 Million Funding Round Led by Bain Capital Crypto
Odaily News: Bitcoin life insurance company Meanwhile has announced the completion of a $37.5 million funding round led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, among others. The company's cumulative funding has now exceeded $180 million.Meanwhile is headquartered in Bermuda and is licensed to conduct insurance business entirely in Bitcoin. The company stated that an unstable macroeconomic environment has driven increased demand for Bitcoin life insurance policies in markets across Asia, Europe, and the Middle East.In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life insurance product, for high-net-worth clients outside the United States, following the earlier launch of BTC 10-Pay for U.S. taxpayers. Policies can be held by individuals, trusts, or corporations for inheritance and estate planning purposes. (Cointelegraph)
Bitcoin life insurance company Meanwhile closes $37.5 million funding round
According to Cointelegraph, Bermuda-headquartered Bitcoin life insurance provider Meanwhile has announced $37.5 million in new funding, bringing its total capital raised past $180 million. The round was led by Bain Capital Crypto, which will enable the company to expand into overseas markets such as Asia and Europe.
Meanwhile, Bitcoin Life Insurer Closes $37.5M Funding Round, Latest Valuation Reaches $350M
According to Axios, Meanwhile, a Bitcoin life insurance company backed by Sam Altman, has raised $37.5 million in funding, bringing its latest valuation to $350 million. The company offers Bitcoin-denominated life insurance products, enabling clients to benefit from the appreciation of their cryptocurrency assets without paying high capital gains taxes.
Four.Meme Upgrades Stock Meme Feature: Adds 76 New bStock Assets and Unifies Fundraising Target
Four.Meme, a Meme issuance platform in the BNB Chain ecosystem, has announced an upgrade to its Stock Meme feature, adding 76 new bStock assets that can be used as pool assets and optimizing its token issuance mechanism.It is reported that Four.Meme will abolish the previous model of setting fixed amounts for different bStocks. All bStock pools will now adopt a unified fundraising target of $10,000 equivalent, regardless of the underlying stock asset. Meanwhile, the platform will support more stock-type assets as the basis for creating Stock Memes. Popular stocks will be displayed by default, and users can also view all supported bStocks through the search function.In addition, Four.Meme has lowered the fundraising threshold for BNB, USDT, USD1, and UUSD to $10,000, aiming to provide Stock Meme creators with more asset options and a more flexible issuance method.
OpenAI Annual Revenue Nears $70 Billion, Nvidia Seeks Chip Financing
OpenAI launches the GPT-6.1 Sol model and Dots autonomous agents, with annual recurring revenue nearing $70 billion. Meanwhile, NVIDIA seeks insurers to help share financing risks for AI chips, while India plans to invest $25 billion to support domestic deep tech startups.
Trump repeatedly calls for rates to be cut to 1%, while Fed officials emphasize inflation risks and support a rate hike
Odaily reports: U.S. President Trump recently once again advocated cutting U.S. interest rates to 1% or even lower, arguing that lower financing costs can boost corporate investment, reduce government debt costs, and enhance U.S. economic competitiveness. Meanwhile, on September 16, the Federal Reserve raised the target range for the federal funds rate by 25 basis points to 3.75%-4.00%, the first rate hike since July 2023. Boston Fed President Collins subsequently expressed support for the hike, saying that inflation risks remain above the Fed's 2% target and that monetary policy needs to remain somewhat restrictive to bring inflation down sustainably. (Reuters)
Celsius Former CEO Reaches Settlement with New York Attorney General, Faces Up to $35 Million in Damages and Permanent Industry Ban
New York Attorney General Letitia James announced on Friday a settlement regarding Celsius former CEO Alex Mashinsky's alleged fraud against investors, securing up to $35 million in contingent damages and requiring his permanent exclusion from the securities, commodities, and cryptocurrency industries.Previously, the U.S. Federal Trade Commission (FTC) and the Commodity Futures Trading Commission (CFTC) had also imposed industry bans on Mashinsky. Mashinsky is currently serving a 12-year prison sentence. Meanwhile, Celsius creditors have received over $3.4 billion in compensation through the company's bankruptcy proceedings.
Gate Europe Recognized as a Preferred Platform for Low-Cost Spot Trading and EUR On-Ramp in Europe, with Dual MiCA and PI License Compliance
Odaily News — According to a recently published guide to European crypto trading platforms, Gate Europe has been named one of the European platforms suited for low-cost spot trading and EUR fiat on-ramp. The platform has obtained MiCA authorization from the Malta Financial Services Authority (MFSA), offers a standard spot trading fee of 0.1%, and supports EUR funding via SEPA bank transfers. In terms of user coverage, Gate Europe can accommodate the trading needs of users ranging from beginners to advanced traders, with strong suitability for spot trading users; in response to European users' asset migration needs, the platform also supports migration from USDT to USDC. BeInCrypto previously included Gate Europe in its guide to MiCA-licensed platforms, and continues to follow its regulatory progress and service capabilities in the European market.Currently, Gate Europe has taken the lead in obtaining the EU's Markets in Crypto-Assets Regulation (MiCA) license and a Payment Institution (PI) license, continuously strengthening its compliance foundation in the European market. Meanwhile, Gate Connect, Gate Card, and related support systems have completed PCI DSS v4.0.1 Level 1 compliance assessment. Against the backdrop of the full implementation of the MiCA regulatory framework and European users' growing attention to legal entities, scope of authorization, and fiat channels, Gate Europe is leveraging its compliance credentials to provide European users with a more comprehensive digital asset trading and fund services experience. (BeInCrypto)
Trump Holds Closed-Door Talks on Middle East Situation and Threatens South Korea Over LNG Investment Expansion
The Trump administration convened a rare closed-door meeting to discuss follow-up measures regarding the Middle East conflict and denied plans to impose a diesel export ban. Meanwhile, it pressured South Korea over the roughly $200 billion Alaska LNG project, while US-Russia-Ukraine negotiations also involved tens of billions of dollars in oil trades.
UBS: The pace of Fed rate hikes may be lower than market expectations, and it expects to maintain interest rates unchanged following a December hike.
UBS stated that despite recent strong US economic data and rising inflation pressures, which have heightened market expectations for further Federal Reserve policy tightening, the bank believes the actual extent of rate hikes may be lower than current market pricing. UBS expects the Federal Reserve to implement one rate hike in December this year before holding steady thereafter, and anticipates inflation to steadily decline over the next six months. Meanwhile, higher bond yields are generating new fixed-income investment opportunities. UBS maintains its bullish outlook on fixed-income assets, believing that US economic resilience and AI investment will continue to support corporate earnings.
Federal Reserve Chair Warsh drives policy framework adjustments, placing greater emphasis on financial conditions and downplaying forward guidance.
According to CNBC, Federal Reserve Chair Kevin Warsh, 127 days into his tenure, is gradually driving adjustments to the monetary policy framework, including weakening traditional forward guidance and incorporating broader "financial conditions"—such as asset prices, U.S. Treasury trading, dollar exchange rates, credit conditions, and commodity prices—into policy decision-making. Against the backdrop of inflation remaining above target, Warsh’s policy framework leaves room for further rate hikes; the Federal Reserve already raised rates by 25 basis points in September, marking the first increase since 2023. cnbc.com Meanwhile, the reform to reduce the Federal Reserve's balance sheet, which he has long advocated, is progressing slowly, with the central bank's balance sheet currently totaling approximately $6.7 trillion.
EU financial regulators list AI and tokenization as regulatory priorities for 2027.
According to CoinDesk, the European Securities and Markets Authority (ESMA) announced it will designate artificial intelligence (AI) and tokenization technologies as new regulatory priorities beginning in 2027, focusing on their use in the core client-facing operations of regulated entities rather than confining scrutiny to back-office functions. Titled "Innovation and Investor Protection," the initiative aims to strengthen regulators' technological oversight capacity and ensure firms have robust governance frameworks and client safeguarding measures. Meanwhile, the European Central Bank (ECB) announced plans this week to allocate a portion of its reserves to tokenized securities and to launch a new wholesale platform, Pontes, linking distributed ledger technology (DLT) market infrastructure with traditional payment systems. The EU is now transitioning from the rule-making stage of the Markets in Crypto-Assets Regulation (MiCA) framework toward substantive reviews of tokenized finance and the wider application of AI across the securities sector.
Kalshi Traders Predict Global AI Data Centers Will Surpass 5,100 by 2027
Odaily reports: According to data from prediction market platform Kalshi, traders assign a 75% probability that the number of AI data centers planned or already in operation globally will exceed 5,100 by 2027, up from 60% two weeks ago. The prediction contract will be verified by data center tracking platform Data Center Map.According to Data Center Map, the United States currently has more than 4,700 data centers in operation or in planning, with Virginia leading at over 670, followed by Texas and California with more than 537 and 200 respectively. Meanwhile, the expansion of AI data centers has also sparked opposition from some communities, with residents concerned that projects could drive up local electricity costs and increase water consumption. (CNBC)
Analyst: Binance Ethereum Reserves Hit 6-Month Low, Single-Day Withdrawal Transactions Hit Record High
CryptoQuant analyst Darkfost stated that the cryptocurrency market has recently entered a short-term correction phase, with the total market capitalization of altcoins excluding Bitcoin (Total2) shrinking by over $110 billion within three days; Ethereum (ETH) alone fell by 11%, erasing more than $38 billion in market value. Despite the price pullback, investors continue to accumulate and withdraw Ethereum. During this period, ETH reserves on Binance dropped from 3.57 million coins to 3.47 million coins, reaching a six-month low—a decrease of nearly 11.5% compared to the 3.92 million coins held in August. Meanwhile, withdrawal activity on the Binance platform surged significantly, with over 320,000 ETH withdrawal transactions recorded on October 6 alone, setting a new all-time high.
Gate Launches Gate Money at TOKEN2049, Connecting Digital Assets, Stocks, Payments, and Asset Management Services
Odaily News: On October 7, Gate founder and CEO Dr. Han officially announced the launch of Gate Money during a keynote speech at TOKEN2049. Centered on the core concept of "One Gate, Everything Money," Gate Money leverages Gate's established diversified financial service capabilities to build a globally integrated financial services application, connecting digital assets, fiat currencies, stocks, ETFs, gold, bank accounts, payments, and asset management services into a single account, covering scenarios including asset holding, receiving funds, transfers, payments, exchanges, and yield. Users can experience Gate Money by updating the Gate App to version v8.39.0.Gate Money supports users in managing multiple fiat currencies and digital assets under a single account, and provides fiat and on-chain deposits, withdrawals, transfers, and other functions. Eligible users can also upgrade to obtain a bank account in their own name for receiving funds and withdrawals. Meanwhile, Gate Money supports using different types of assets in the account, including stocks, for daily payment and spending. Gate Card supports online and offline purchases using fiat currencies or digital assets, and can be linked to digital wallets such as Apple Pay and Google Pay. Convert supports asset exchanges, while Earn offers yield products, with balances in assets such as USDT able to earn up to 3.6% yield with no lock-up required.The launch of Gate Money further connects asset management, fund circulation, and daily payment scenarios, extending Gate's financial services from digital asset trading and asset management toward more fund and consumption needs. In the future, Gate will continue to expand asset categories, payment methods, and financial service capabilities, further enriching Gate Money's products and application scenarios.
Analysts: Bitcoin Falls Below $84,000 in Short-Term Trading as Long Liquidations and Aggressive Selling Dominate
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin dropped from $85,500 to $83,900 before making a slight recovery to $84,100. This decline was accompanied by dominance from active sell orders and the forced liquidation of long positions. Data shows that the Taker Order Pressure Oscillator fell to -4.9 before rebounding to -3.1, indicating easing active sell-side pressure while bearish dominance persisted. Meanwhile, the Liquidation Pressure Oscillator declined from -11 to -78, reflecting that long liquidations were in control. The analysis notes that if Bitcoin's price remains below $83,900 and both indicators stay significantly negative, the asset could face more persistent selling pressure risk.
Analysis: Bitcoin Fails Third Attempt to Break $87,000, Breakout Requires Stronger Buying Pressure
Odaily News: Bitcoin is facing selling pressure, marking its third rejection near $87,000 since September 23. FxPro analyst Alex Kuptsikevich noted that since early last week, BTC has formed a pattern of "rising local lows," but bulls have yet to gain sufficient upward momentum. The price is now approaching the apex of a triangle formed by horizontal resistance and an ascending support line. A breakout from this pattern could bring greater volatility to the market.The total crypto market capitalization has fallen back to approximately $2.93 trillion. Meanwhile, U.S. equities have shown relative strength, with the Nasdaq 100 hitting a record closing high and the S&P 500 less than 0.5% away from its all-time high. However, U.S. Treasury yields continue to climb, with the 10-year yield rising to 5.32%, near its highest level since 2002.Market observers believe that for BTC to break through $87,000, sufficient buying pressure is needed to absorb the persistent selling near that level. Once it holds above this threshold, it could open further upside toward its near 8-month high. (CoinDesk)
Former SEC Chair Set to Serve as AI Czar, Traders Predict BTC Could Reach $600,000
According to Cointelegraph, Trump is expected to appoint former SEC chairman Jay Clayton as AI czar. Meanwhile, veteran trader Peter Brandt predicts that if Bitcoin holds its key lows, the peak of this cycle could reach $600,000.
CLARITY Act Stumbles in Senate, SEC and CFTC Continue Push for Crypto Regulation
According to Crypto in America, the US Senate failed to advance the crypto market structure bill known as the "Clear Act" this week with a 49-50 vote, with Democrats voting as a bloc against it and Republican Senators Collins, Hawley, and Moran joining the opposition. Following the setback, the focus of crypto regulation shifted from Congress to regulatory agencies: the SEC subsequently issued innovation exemption measures, paving a limited pathway for on-chain trading of tokenized US stocks, while the CFTC adopted a no-action stance regarding passive software providers and submitted a broader proposal for crypto market rulemaking to the White House. Meanwhile, Visa announced the closure of a loophole that allowed purchasing memecoins with credit cards in exchange for standard loyalty points, with related processors granted a grace period expected to expire next week. Some Democratic senators involved in the negotiations stated that the "Clear Act" is not "dead," with efforts to restart talks still underway.
Revolut Responds to Multiple Extortion Attempts: No Direct Contact Received, Italian Authorities Have Intervened
Odaily News: Following a customer data breach at Revolut, multiple hacker groups have publicly demanded ransom. A group calling itself "IAmNotAVillain" demanded that Revolut pay 6,000 Monero (XMR, approximately $3 million) within 24 hours, or it would sell customer data to other criminal organizations; another group, "Revolut Smilik," had earlier demanded 10,000 Bitcoin (approximately $780 million).In response, a Revolut spokesperson stated that the company has not received any direct contact or extortion demands from any of the aforementioned individuals or organizations. Meanwhile, Italy's Anti-Mafia and Anti-Terrorism Directorate has launched an investigation, with Italian prosecutors investigating unauthorized access to government computer systems, and Italy's privacy regulator has also asked banks to urgently review the security of their access systems. (Cointelegraph)
Liquid Network Releases Emergency Fix: Elements v23.3.4 Patches Proof Validation Cache Vulnerability
Odaily News: Liquid Network announced that the emergency release Elements v23.3.4 is now live, with Functionary nodes having immediately begun upgrades. All Liquid node operators are advised to update accordingly. This release addresses a previously identified Proof validation cache vulnerability by strengthening the cache keys used for Range Proofs.Regarding network recovery, Blockstream stated that a recovery plan is still being formulated, expected to proceed in three phases: **resume block production while continuing to pause Peg operations; replay verified valid transactions; restore Peg operations after the network state is fully recovered and fund returns are confirmed.** Currently, the first two phases are being tested in parallel, and any phase will only advance once confirmed secure.Liquid Network stated that Elements v23.3.4 has undergone multiple rounds of internal and external reviews, with participants including the Bitcoin Red Team, Alpen Labs, and other teams. Meanwhile, Liquid Network reminds users to be wary of fake upgrade websites exploiting this incident for scams. Information should only be obtained through official Liquid Network and Blockstream channels, and users should never send funds to strangers or disclose private keys or seed phrases.
Korea National Tax Service Plans to Introduce Blockchain Tracking Program to Plug Tax Loopholes on Crypto Assets in Personal Wallets
According to Digital Asset, South Korea's National Tax Service stated that it will introduce commercial blockchain tracking software used by domestic and international law enforcement agencies, including prosecutors, police, and the IRS, to track and analyze transfers between digital asset wallets in order to prevent tax loopholes arising from personal wallets. Meanwhile, regarding tax oversight of overseas exchanges, South Korea will address this through the Crypto-Asset Reporting Framework (CARF). Taking effect in 2028, CARF will cover transaction information from 2027, aligning with the timeline of the domestic digital asset income tax, which will be levied starting in 2027 with declarations due in May 2028, thereby achieving effective tax coverage of overseas holdings.
SafePal Updates Security Incident Progress: Launches Anti-Phishing Initiative, Will Commission Third-Party Agency to Review Order System
Odaily News: Cryptocurrency wallet project SafePal has released an update on the security incident, stating that it is continuously tracking phishing websites and impersonating accounts. The company plans to bring in a professional anti-phishing security firm to expedite the takedown of malicious information, aiming to protect user asset security.SafePal stated that it is currently in the final selection process among 4 professional anti-phishing security firms. Once a partner is chosen, it will further enhance the efficiency of handling threats such as imitation websites and fraudulent accounts. The team is also continuously monitoring whether affected data has been sold or made public, including channels such as dark web forums and trading markets. In the event that any signs of data leakage are detected, affected users will receive risk alerts as a top priority.In terms of security auditing, SafePal stated that it is making a final selection among 3 established independent security agencies, which will conduct a comprehensive security review of the order system. Meanwhile, the team is re-evaluating the order and logistics processes to reduce the scale of data that needs to be stored during the initial phase of the system, thereby lowering potential risks at the source.For affected users, SafePal stated that it will continue to provide one-on-one assistance through official support channels and will keep updating its fraud prevention page with event progress, frequently asked questions, and analysis of scam cases.SafePal once again reminds users: The official team will never ask users for their Seed Phrase. Users should not disclose their seed phrase to anyone, should not scan unknown QR codes or click on suspicious links, and should verify information sources through official channels.
Galaxy Research Head: Coldcard Incident Shakes Bitcoin Community, Signaling a Turning Point in Security Philosophy
Odaily News, Galaxy Research Head Alex Thorn stated on the X platform that attacks exploiting the Coldcard hardware wallet vulnerability have noticeably declined, but cumulative losses continue to rise as more victims come forward. The impact of this incident on the Bitcoin community is significant, as the victims are primarily long-term BTC holders who adhered to self-custody cold storage principles, rather than those who lost assets due to high-risk trading or DeFi activities.At a scale of $112 million, this incident ranks among the top 20 largest hacks in crypto history and is one of the most severe security breaches in the hardware wallet self-custody sector to date. Bitcoin culture may be entering a new phase—the era of relying solely on ideological advocacy and extreme self-custody promotion is coming to an end. The community needs to place greater emphasis on technical security, lower the barrier to entry for users, and avoid simply shifting the burden of security responsibility onto ordinary users. This crisis may ultimately drive the Bitcoin ecosystem to establish a more mature security framework.Galaxy Research has directly contacted 190 victims and has confirmed with high confidence that the exploit has led to the theft of 1,778.84 BTC (approximately $112.7 million) from over 8,600 addresses. This tally does not yet include certain moderately credible suspicious attack records, such as the unconfirmed "Wave 4." If these potential attack scopes are incorporated, total losses could expand to 2,417.35 BTC (approximately $153 million).Meanwhile, the incident is reshaping market perceptions of self-custody security. Galaxy noted that multisig wallets have emerged as the "winners" of this event, with no stolen transactions traced to multisig wallets so far. Multisig service providers including Casa, Unchained, Nunchuk, and Anchorwatch have all observed a notable increase in user registrations and BTC inflows.
NEAR Protocol Announces Support for Post-Quantum Signature Schemes, No Asset Migration Required
NEAR Protocol announced that NEAR accounts now support the post-quantum ML-DSA signature scheme, enabling users to complete key upgrades without any asset migration. Meanwhile, the NEAR One team is advancing the NEP-655 proposal, which derives implicit accounts via an initial state hash, storing assets behind the hash so that no public keys or key hashes are exposed on-chain. It is currently live on the testnet and expected to launch on the mainnet within weeks. Additionally, the team is designing NEAR Intents Wallet Contracts that support custom signature extensions (including ML-DSA and hash-based schemes), and developing a NEAR-based Q-day recovery registry for external chains that have not yet deployed PQ keys, allowing users to submit recovery keys in a rotatable hash format. NEAR noted that its quantum-safe design philosophy was integrated into its architecture planning as early as 2018.
Telegram 13.0 Version: Plans to Launch Cryptocurrency Wallet Gram Wallet, Original Wallet Service Renamed to Walt
According to Durov's Code, Telegram is expected to launch a new cryptocurrency wallet, Gram Wallet, in the latest version 13.0 update, though the service has not yet been officially opened to users. Meanwhile, the original Wallet service has been renamed Walt and moved from the settings menu to the mini-app interface, with existing accounts and assets remaining unaffected.
HTX has launched MAR perpetual contracts.
According to the official announcement, HTX has listed the MAR/USDT perpetual contract on October 9, supporting 1x to 20x leverage for both long and short positions. Meanwhile, from now until 15:00 (UTC+8) on October 15, HTX is launching a new token perpetual contract trading competition. Users who complete registration, trade contracts for the participating tokens, and meet the specified threshold will have the chance to share the total prize pool of 1 billion $HTX tokens.
Four.Meme Upgrades Stock Meme Feature: Adds 76 New bStock Assets and Unifies Fundraising Target
Four.Meme, a Meme issuance platform in the BNB Chain ecosystem, has announced an upgrade to its Stock Meme feature, adding 76 new bStock assets that can be used as pool assets and optimizing its token issuance mechanism.It is reported that Four.Meme will abolish the previous model of setting fixed amounts for different bStocks. All bStock pools will now adopt a unified fundraising target of $10,000 equivalent, regardless of the underlying stock asset. Meanwhile, the platform will support more stock-type assets as the basis for creating Stock Memes. Popular stocks will be displayed by default, and users can also view all supported bStocks through the search function.In addition, Four.Meme has lowered the fundraising threshold for BNB, USDT, USD1, and UUSD to $10,000, aiming to provide Stock Meme creators with more asset options and a more flexible issuance method.
AIA Lists on Bithumb's Korean Won Market, Launches USDC Staking with Up to 50% Incentives AIA
Odaily News: According to official sources, DeAgentAI's $AIA will be listed on Bithumb's Korean won market with a new AIA/KRW trading pair, expected to open for trading on October 8 at 13:00 (UTC+8). Meanwhile, DeAgentAI has launched a $AIA principal-protected staking program, where participants stake with USDC and receive the full equivalent amount of USDC back upon maturity according to the rules, while additionally earning AIA rewards of up to 50% of the actual staked amount during the staking period.The staking program offers three pools: Ultra, Boost, and Fast, with total AIA rewards over a 12-month period amounting to 50%, 40%, and 35% of the actual staked amount, respectively. The first rewards will be distributed in lump sums at the end of the 3rd, 2nd, and 1st month after the respective fundraising periods conclude, with subsequent rewards distributed automatically on a monthly basis, allowing participants to choose between higher rewards and earlier payouts.The current staking cap is 500,000 USDC, with a minimum of 350 USDC per transaction, available on a limited first-come, first-served basis. Participation requires going through the official page, using USDC on BNB Chain to purchase and stake AIA. The originally purchased and staked AIA will not be separately returned upon maturity.
Gate Launches Gate Money at TOKEN2049, Connecting Digital Assets, Stocks, Payments, and Asset Management Services
Odaily News: On October 7, Gate founder and CEO Dr. Han officially announced the launch of Gate Money during a keynote speech at TOKEN2049. Centered on the core concept of "One Gate, Everything Money," Gate Money leverages Gate's established diversified financial service capabilities to build a globally integrated financial services application, connecting digital assets, fiat currencies, stocks, ETFs, gold, bank accounts, payments, and asset management services into a single account, covering scenarios including asset holding, receiving funds, transfers, payments, exchanges, and yield. Users can experience Gate Money by updating the Gate App to version v8.39.0.Gate Money supports users in managing multiple fiat currencies and digital assets under a single account, and provides fiat and on-chain deposits, withdrawals, transfers, and other functions. Eligible users can also upgrade to obtain a bank account in their own name for receiving funds and withdrawals. Meanwhile, Gate Money supports using different types of assets in the account, including stocks, for daily payment and spending. Gate Card supports online and offline purchases using fiat currencies or digital assets, and can be linked to digital wallets such as Apple Pay and Google Pay. Convert supports asset exchanges, while Earn offers yield products, with balances in assets such as USDT able to earn up to 3.6% yield with no lock-up required.The launch of Gate Money further connects asset management, fund circulation, and daily payment scenarios, extending Gate's financial services from digital asset trading and asset management toward more fund and consumption needs. In the future, Gate will continue to expand asset categories, payment methods, and financial service capabilities, further enriching Gate Money's products and application scenarios.
Related news
Meanwhile Completes $37.5 Million Funding Round Led by Bain Capital Crypto
Odaily News: Bitcoin life insurance company Meanwhile has announced the completion of a $37.5 million funding round led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, among others. The company's cumulative funding has now exceeded $180 million.Meanwhile is headquartered in Bermuda and is licensed to conduct insurance business entirely in Bitcoin. The company stated that an unstable macroeconomic environment has driven increased demand for Bitcoin life insurance policies in markets across Asia, Europe, and the Middle East.In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life insurance product, for high-net-worth clients outside the United States, following the earlier launch of BTC 10-Pay for U.S. taxpayers. Policies can be held by individuals, trusts, or corporations for inheritance and estate planning purposes. (Cointelegraph)
Bitcoin life insurance company Meanwhile closes $37.5 million funding round
According to Cointelegraph, Bermuda-headquartered Bitcoin life insurance provider Meanwhile has announced $37.5 million in new funding, bringing its total capital raised past $180 million. The round was led by Bain Capital Crypto, which will enable the company to expand into overseas markets such as Asia and Europe.
NEAR Protocol Announces Support for Post-Quantum Signature Schemes, No Asset Migration Required
NEAR Protocol announced that NEAR accounts now support the post-quantum ML-DSA signature scheme, enabling users to complete key upgrades without any asset migration. Meanwhile, the NEAR One team is advancing the NEP-655 proposal, which derives implicit accounts via an initial state hash, storing assets behind the hash so that no public keys or key hashes are exposed on-chain. It is currently live on the testnet and expected to launch on the mainnet within weeks. Additionally, the team is designing NEAR Intents Wallet Contracts that support custom signature extensions (including ML-DSA and hash-based schemes), and developing a NEAR-based Q-day recovery registry for external chains that have not yet deployed PQ keys, allowing users to submit recovery keys in a rotatable hash format. NEAR noted that its quantum-safe design philosophy was integrated into its architecture planning as early as 2018.
Celsius Former CEO Reaches Settlement with New York Attorney General, Faces Up to $35 Million in Damages and Permanent Industry Ban
New York Attorney General Letitia James announced on Friday a settlement regarding Celsius former CEO Alex Mashinsky's alleged fraud against investors, securing up to $35 million in contingent damages and requiring his permanent exclusion from the securities, commodities, and cryptocurrency industries.Previously, the U.S. Federal Trade Commission (FTC) and the Commodity Futures Trading Commission (CFTC) had also imposed industry bans on Mashinsky. Mashinsky is currently serving a 12-year prison sentence. Meanwhile, Celsius creditors have received over $3.4 billion in compensation through the company's bankruptcy proceedings.
Kalshi Traders Predict Global AI Data Centers Will Surpass 5,100 by 2027
Odaily reports: According to data from prediction market platform Kalshi, traders assign a 75% probability that the number of AI data centers planned or already in operation globally will exceed 5,100 by 2027, up from 60% two weeks ago. The prediction contract will be verified by data center tracking platform Data Center Map.According to Data Center Map, the United States currently has more than 4,700 data centers in operation or in planning, with Virginia leading at over 670, followed by Texas and California with more than 537 and 200 respectively. Meanwhile, the expansion of AI data centers has also sparked opposition from some communities, with residents concerned that projects could drive up local electricity costs and increase water consumption. (CNBC)
Telegram 13.0 Version: Plans to Launch Cryptocurrency Wallet Gram Wallet, Original Wallet Service Renamed to Walt
According to Durov's Code, Telegram is expected to launch a new cryptocurrency wallet, Gram Wallet, in the latest version 13.0 update, though the service has not yet been officially opened to users. Meanwhile, the original Wallet service has been renamed Walt and moved from the settings menu to the mini-app interface, with existing accounts and assets remaining unaffected.