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BTC $61,709.27 +1.50%
ETH $1,616.57 +3.56%
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XRP $1.12 +2.14%
SOL $64.29 +2.88%
TRX $0.3277 +2.21%
DOGE $0.0838 +2.42%
ADA $0.1615 +1.87%
BCH $223.32 +2.13%
LINK $7.69 +4.28%
HYPE $57.72 -1.76%
AAVE $62.35 +2.06%
SUI $0.7433 +3.13%
XLM $0.2031 +1.49%
ZEC $413.95 +15.48%

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The US stock market's semiconductor technology and memory chip sectors remain active, with Gate ranking among the industry leaders in contract trading volume related to MU and SNDK

Recently, the semiconductor and memory chip sectors of the US stock market have continued to strengthen, with significant increases in trading activity for related assets. According to Gate market data, Micron Technology (MU) reached a 24-hour high of $951.26, currently reported at $936.77, with a 24-hour increase of 2.76%; SanDisk (SNDK) reached a 24-hour high of $1693.83, currently reported at $1654.41, with a 24-hour increase of 5.94%.According to CoinGlass data, the 24-hour contract trading volume for MU (Micron Technology) on the Gate platform reached $15.1529 million, while SNDK (SanDisk) reached $11.2302 million, both ranking among the top in the industry, with related trading activity continuing to rise.As global demand for traditional asset allocations like US stocks continues to grow, Gate is continuously bridging cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading global mainstream assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and capital utilization flexibility.Gate has launched over 130 US stock-related perpetual contract targets, as well as over 430 CFD contract targets, and is continuously expanding its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.

Reuters: The founder of Iran's largest cryptocurrency exchange Nobitex has ties to the Supreme Leader's family

According to a Reuters investigation, Iran's largest cryptocurrency exchange, Nobitex, was founded by members of the Kharrazi family, who have close ties to Iran's supreme leadership. The investigation revealed that the exchange was created by brothers Ali and Mohammad Kharrazi, who previously used the surname "Aghamir" to conceal their connection to the Kharrazi family, which has long been closely linked to the core of Iranian politics, including historical ties to Ali Khamenei and his successors.The report noted that Nobitex currently serves over 11 million users, dominates the Iranian crypto market, and continues to operate during conflicts between Iran and the United States and Israel, processing transactions even amid nationwide internet outages. Analysts stated that its trading volume during wartime exceeded $100 million, with significant amounts of funds flowing overseas.Additionally, several on-chain analysis firms pointed out that the platform had processed transactions related to sanctioned entities, with estimated volumes ranging from $22 million to $366 million. Other data indicated that wallets associated with the Central Bank of Iran transferred hundreds of millions of dollars in crypto assets to Nobitex in 2025, believed to be used to evade financial sanctions. Nobitex, however, denied any connection to the government and stated that illegal transactions account for only a small portion of its overall business.
2026-05-03
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