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GateNews

Immediately updates on the crypto industry news, covering areas such as cryptocurrencies, blockchain, artificial intelligence (AI), and traditional finance (TradFi). The content focuses on market trends, policy changes, and industry developments, presenting current hot topics and key information.

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Norwegian Offshore Oil Workers Threaten Strike from June 5 if Wage Talks Fail

Norwegian unions announced that approximately 8% of offshore oil and gas workers plan to strike from June 5 if state-mediated wage negotiations collapse this week. According to Offshore Norway, an industry representative group, about 8,100 union members are involved in oil production. In a first

2m ago

ByteDance's Douyin to Launch Paid Subscription Tiers Up to 5,088 Yuan Annually, Integrate With Douyin Shopping

According to 36氪, ByteDance's AI chatbot Douyin (Douyin AI) will launch paid subscription tiers in mid-June, with options ranging from basic to professional versions. Monthly subscriptions will cost up to 500 yuan, while annual

3m ago

OPEC+ Set to Raise July Crude Oil Output by 188,000 Barrels Daily

Commodities

According to Reuters, OPEC+ is set to raise its July crude oil production quota by 188,000 barrels per day at a meeting on Sunday, June 7, based on reporting from three sources familiar with the matter.

6m ago

Trade.xyz Launches IBM Stock Perpetual Contracts with Up to 10x Leverage on June 1

Derivatives Data

Stocks

According to BlockBeats, on June 1, Trade.xyz launched IBM stock perpetual contracts with up to 10x leverage, offering 24/7 trading services. The product tracks International Business Machines Corporation's common stock price performance, allowing users to gain IBM price exposure

8m ago

UK House of Commons to Debate Mandelson Documents on Wednesday

According to the UK Prime Minister's Chief Secretary, the House of Commons will debate documents related to Mandelson on Wednesday (June 4).

10m ago

Russia's Volgograd Refinery Halts Operations Since May 29 Drone Strike

Commodities

According to sources, Russia's Volgograd refinery has ceased operations since being attacked by drones on May 29.

12m ago

Israeli Military Controls Beaufort Ridge in Southern Lebanon, Reports 400+ Rocket Strikes Since February

According to Israeli Defense Forces spokesperson Dvir Defrin, on June 1, the IDF's 36th Division conducted operations in southern Lebanon and seized operational control of the Beaufort Ridge and Saluki River areas. Defrin stated that the region serves as a key stronghold for Hezbollah, with

14m ago

Malaysia Bans Under-16 Users from Social Media, Effective June 1

According to Malaysia's Communications and Multimedia Commission, the country effective June 1 implemented two cybersecurity guidelines requiring social media platforms including Facebook, Instagram, and YouTube to enforce age verification and prohibit users under 16 from registering. The rules

14m ago

Radiant Discontinues Operations 18 Months After October 2024 Hack

Security Incidents

Project Progress

Exchange Risk

DeFi protocol Radiant announced its decision to wind down operations following a hack in October 2024. After 18 months of efforts, the DAO determined it lacks a viable path to continue responsible long-term operations, with no progress on fund recovery and no new capital injection. The project

RDNT-3.94%

15m ago

Gulf States Accelerate Overseas Renewable Energy Investments Amid Hormuz Strait Crisis

Commodities

According to Fortune magazine, Gulf nations including the UAE and Saudi Arabia are accelerating investments in overseas renewable energy projects on June 1 amid the Hormuz Strait crisis and disruptions to regional energy supplies. The International Energy Agency noted that months-long Iran-related t

15m ago

Norwegian Offshore Oil Workers Threaten Strike from June 5 if Wage Talks Fail

Previous

ByteDance's Douyin to Launch Paid Subscription Tiers Up to 5,088 Yuan Annually, Integrate With Douyin Shopping

OPEC+ Set to Raise July Crude Oil Output by 188,000 Barrels Daily

Trade.xyz Launches IBM Stock Perpetual Contracts with Up to 10x Leverage on June 1

UK House of Commons to Debate Mandelson Documents on Wednesday

Russia's Volgograd Refinery Halts Operations Since May 29 Drone Strike

Israeli Military Controls Beaufort Ridge in Southern Lebanon, Reports 400+ Rocket Strikes Since February

Malaysia Bans Under-16 Users from Social Media, Effective June 1

Radiant Discontinues Operations 18 Months After October 2024 Hack

Gulf States Accelerate Overseas Renewable Energy Investments Amid Hormuz Strait Crisis