GateNews

TSMC reported a net profit of NT$572.5 billion for Q1 2026, a 58% increase year-over-year. The company expects over 30% revenue growth and is investing significantly in new facilities to meet high AI chip demand amid geopolitical concerns.

Sky, the decentralized finance protocol formerly known as MakerDAO, launched its stablecoin USDS and yield-bearing sUSDS on Avalanche via Skylink, a unique crosschain bridge. The bridge began with a 5 million daily transfer cap, expected to increase by April 27.

The Ethereum Korea Consortium launched on April 16 to shift South Korea's Ethereum focus from consumption to contributions, addressing challenges like market structure and regulatory issues. The initiative aims to enhance development and create a supportive ecosystem.

Gate News: According to the latest Gate TradFi data, RKLB (Rocket Lab Corp) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

A traditional brokerage is set to launch spot cryptocurrency trading for retail clients, offering Bitcoin and Ethereum access. The service will include multiple trading platforms, a 0.75% fee, and additional crypto assets planned for the future, reflecting a trend of traditional finance entering the crypto space.

Gate News: According to the latest Gate TradFi data, USDHUF (US Dollar vs Hungarian Forint) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

World Liberty Financial proposed a governance restructuring affecting 62.28 billion WLFI tokens, including a potential burn of up to 4.52 billion tokens for eligible holders. The plan aims to align governance participation over two years, amid concerns about token unlocks and governance transparency.

Pakistan's central bank has opened its banking system to licensed virtual asset service providers, reversing a previous ban. This change, following the Virtual Assets Act 2026, allows crypto businesses access to banking services under strict regulations.

French authorities are enhancing security for digital-asset executives and investors due to recent kidnappings. Following these threats, police escorted Paris Blockchain Week attendees, and protective measures for crypto holders are being developed.

MEATliquor, a London burger chain, has entered administration due to high energy prices and operational costs, leaving only two locations open. This closure highlights challenges in the UK casual dining sector, as other chains like Veeno Bars also face similar struggles.

Arxis, an aerospace and defense parts manufacturer, went public with a 32.7% increase to $37.16 per share, after its IPO at $28. In fiscal year 2025, Arxis generated $1.59 billion in revenue and achieved profitability with a net profit of $46 million.

Zonda, a Polish crypto exchange, revealed a cold wallet with 4,503 BTC amid a withdrawal crisis. CEO Przemysław Kral addressed fund misappropriation allegations and promised legal action against false claims, emphasizing that private keys were never transferred due to the former CEO's disappearance.

U.S. President Donald Trump announced a White House meeting with Israeli Prime Minister Netanyahu and Lebanese President Aoun to promote direct diplomacy between Israel and Lebanon.

Syria's transitional government has assumed control of all U.S. military bases in the country after the withdrawal of American and coalition forces, as confirmed by the Defense and Foreign Ministries on April 16.

Ripple's RLUSD stablecoin is now collateral for futures trading on Bitrue, enhancing capital efficiency and reducing volatility exposure. Verified by Deloitte as fully backed, RLUSD also aims to modernize Ghana's tax systems for small enterprises through blockchain technology.

On April 16, CoinMarketCap reported mixed performances among the top 100 cryptocurrencies, with RaveDAO leading gainers at 39.53% and JUST falling 15.44% as the biggest loser.

AMD's stock rose nearly 7% to an all-time high of $275.91, fueled by soaring demand for its EPYC processors amid supply constraints. Analysts report full production capacity sold out and extended lead times, correlating AI advancements with increasing CPU requirements.

Russian Security Council Secretary Sergey Shoigu claimed that Ukrainian drones are using Finnish and Baltic airspace to attack Russia, suggesting either inefficiency in Western air defenses or complicity from these nations, which could lead to self-defense actions under the UN Charter.

Repsol has reestablished control over its Venezuelan oil assets following a deal with the government, planning to boost production by 50% in the next year despite previous U.S. sanctions that had limited its operations.

On April 16, Alibaba's stock rose over 3% after announcing price increases for its AI services to stabilize supply and operations. The company also unveiled Happy Oyster, an innovative model for 3D environments, targeting gaming and film industries, while aiming to boost AI and cloud revenue to $100 billion in five years.