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In the early morning of May 14 (UTC+8), in the final of the 2026 Coppa Italia, Inter Milan ultimately defeated Lazio with a score of 2:0, successfully lifting the championship trophy. As the official sleeve sponsor of Inter Milan Football Club, Gate was deeply involved in this peak event. During the final, Gate Europe CEO Giovanni Cunti was invited to attend the sponsor partner luncheon hosted by the club and watched the match from the box, witnessing the team's moment of glory alongside Inter Milan legends Esteban Cambiasso, Fabio Galante, and Francesco Toldo. This victory not only marks another important milestone in the deepening strategic cooperation between Gate and Inter Milan but also injects strong brand momentum into Gate's internationalization process.In addition, with Inter Milan winning the championship again this season, Gate will hold the "Gate x Inter XIII: Champion's Circle" offline reception in Milan on May 21. During the event, guests will visit Inter Milan's headquarters and engage in interactive exchanges with Inter legend Fabio Galante and executives. Leveraging the global attention of top international sporting events, Gate is continuously deepening the integration of Web3 with mainstream culture and strengthening its brand recognition and influence in the European and global markets.

According to Token Terminal data, as of May 13, the total market capitalization of euro stablecoins on-chain reached a historic high of $774.2 million. Ethereum dominates the euro stablecoin ecosystem, accounting for 66.2% of all tokenized euro stablecoins.The growth in the adoption of euro stablecoins reflects the increasing demand in the EU market for blockchain-based fiat currency alternatives, with multiple issuers and public chains competing for market share.

According to Jinshi reports, ECB board member Nagel stated that the possibility of the European Central Bank raising interest rates is continuously increasing.

According to CoinDesk, Denis Beau, the Deputy Governor of the Bank of France, has publicly called for a joint effort from the European public and private sectors to promote the development of euro tokenized currency in response to the dominance of the US dollar stablecoin. This move stands in stark contrast to the position of European Central Bank President Christine Lagarde, who is cautious about private stablecoins, believing that USDT, USDC, and others pose financial stability risks, and favors a central bank-led digital euro plan expected to be implemented by 2029.Beau proposed a "triple objective" for Europe: to adapt central bank currency services, to promote the issuance of pan-European tokenized private currency by regulated institutions, and to strengthen the MiCA regulatory framework. His stance is highly aligned with the Qivalis consortium, which consists of 12 major European banks including ING, BBVA, and BNP Paribas, and plans to launch a private digital euro within this year. Beau also revealed that the euro system will launch its first tokenized wholesale central bank currency service by the end of the year.

According to Jinshi News, European stocks opened lower, with the German DAX30 index down 1.3%, the French CAC40 index down 1.1%, and the Euro Stoxx 50 index down 1.25%.

According to Gate market data, U.S. stocks and European stock index futures are generally lower, with S&P 500 index futures down 0.2% and Nasdaq futures down 0.4%. The Euro Stoxx 50 index futures fell 0.7%, the German DAX index futures fell 0.8%, and the UK FTSE 100 index futures fell 0.9%.

According to Jinshi reports, the dollar index, which measures the dollar against six major currencies, rose by 0.06% on May 12, closing at 97.955 in the foreign exchange market. As of the close of the New York foreign exchange market, 1 euro was exchanged for 1.1775 dollars, down from 1.1778 dollars the previous trading day; 1 pound was exchanged for 1.3629 dollars, up from 1.3622 dollars the previous trading day; 1 dollar was exchanged for 157.21 yen, up from 156.71 yen the previous trading day; 1 dollar was exchanged for 0.7782 Swiss francs, up from 0.7766 Swiss francs the previous trading day; 1 dollar was exchanged for 1.3673 Canadian dollars, down from 1.3681 Canadian dollars the previous trading day; 1 dollar was exchanged for 9.2235 Swedish kronor, down from 9.2323 Swedish kronor the previous trading day.

French listed company Capital B (ALCPB) announced the completion of a €15.2 million financing, with investors including global institutional investors and strategic investors Adam Back and TOBAM, to accelerate its Bitcoin treasury company strategy.

According to market news, the actual controller of the recently collapsed European cryptocurrency exchange Zondacrypto is reportedly hiding in Dubai, and the losses for the exchange's customers may exceed $100 million.Polish media Onet Wiadomości disclosed that the official representative of Zondacrypto is in Dubai with a man nicknamed "Maniek," who is the true controller of the cryptocurrency business, while CEO Przemysław Kral is merely a "front figure." Kral has been missing since the company was revealed to have reserves drop by over 99%, and he was previously thought to have fled to Israel but is now confirmed to be in the UAE. The exchange was formerly known as BitBay, founded in 2014, and was taken over by Kral in 2021 and renamed Zondacrypto, moving its operations to Estonia.Polish media reports that the exchange may be controlled by the Russian Tambov gang, with about 30,000 Poles potentially becoming victims, with preliminary estimates of losses at least 350 million zloty (approximately $97 million), and the actual amount may be higher. Additionally, founder Sylwester Suszek went missing in 2022, and it is claimed that a wallet key containing 4,500 bitcoins that he controlled was never handed over.

According to a report by The Block, the crypto security firm CertiK released a report today indicating that in the first four months of 2026, there have been 34 confirmed cases of crypto "ransom attacks" globally (i.e., offline physical assaults and extortion targeting crypto asset holders), an increase of 41% compared to the same period in 2025, with total losses for victims amounting to approximately $101 million. If the trend continues, the total number of incidents for the year is expected to reach around 130, with losses potentially soaring to hundreds of millions of dollars.In terms of geographical distribution, out of the 34 incidents, 28 (82%) occurred in Europe, with France being particularly notable, having recorded 24 incidents in just the first four months of 2026, surpassing the total of 20 incidents for the entire year of 2025. CertiK attributes this to France's hosting of flagship crypto companies like Ledger and Binance, frequent data breaches, and a prevalent culture of "showing off wealth and doxxing" within the community. In contrast, the number of reported incidents in the United States dropped from 9 in 2025 to 3 in the first quarter, while Asia saw a decrease from 25 to 2.Regarding attack patterns, CertiK pointed out that criminal groups have shifted to a "data-driven targeting" model, reducing the need for on-site reconnaissance by purchasing victims' names, addresses, and asset information from data intermediaries. This year, over half of the incidents involved threats or direct harm to victims' family members (spouses, children, elderly parents) as a means of exerting pressure. In terms of execution, small groups of 3 to 5 individuals typically operate through

According to CoinDesk, European Central Bank President Christine Lagarde stated in a speech that Europe should not simply replicate the U.S. stablecoin model, but should prioritize building tokenized settlement infrastructure centered around central bank currencies.She pointed out that the $310 billion stablecoin market, dominated by Tether and Circle, poses financial stability risks and could transmit pressure to underlying asset markets during times of crisis. Lagarde believes that the technological advantages of stablecoins can be replicated by central bank infrastructure, while their monetary functions introduce unacceptable financial stability risks. She cited the 2023 collapse of Silicon Valley Bank, which led to a brief de-pegging of USDC, as an example.Although a consortium of 12 major European banks, including ING, BBVA, and BNP Paribas, plans to launch a private digital euro later this year, citing that Europe faces "dollarization risks," Lagarde still called for EU countries to support the research and development of central bank digital currencies. The European Central Bank aims to launch a digital euro by 2029.

According to Jinshi reports, ECB Governing Council member Nagel stated on Friday that due to the Iran war, the European Central Bank is "highly vigilant" about rising inflation risks and will take action as needed to prevent rising energy costs from spreading more broadly to prices. Nagel emphasized that although the medium-term impact of the conflict on inflation is "still difficult to assess," policymakers are prepared to respond to ensure that energy-driven price increases do not spread and become entrenched.

According to Bloomberg, ECB President Lagarde stated that even euro-denominated stablecoins pose risks to financial stability and the transmission of monetary policy, questioning the necessity of introducing such tools.She pointed out that while euro stablecoins could lower financing costs in the euro area and enhance the global appeal of the euro, the costs are significant and outweigh short-term benefits. Lagarde emphasized that if the goal is to enhance the international appeal of the euro, stablecoins are not an effective means. She referenced a working paper from the ECB in March, which warned that the widespread adoption of stablecoins would pose significant risks to euro area banks and monetary sovereignty. She stated that Europe's task is not to "replicate tools developed elsewhere" and continues to push for the introduction of a digital euro.

According to Jinshi reports, the dollar index, which measures the dollar against six major currencies, rose by 0.05% on May 8, closing at 98.063 in the forex market. As of the end of the New York forex market, 1 euro exchanged for 1.1751 dollars, up from 1.1748 dollars the previous trading day; 1 pound exchanged for 1.3583 dollars, down from 1.3593 dollars the previous trading day; 1 dollar exchanged for 156.67 yen, up from 156.45 yen the previous trading day; 1 dollar exchanged for 0.7788 Swiss francs, down from 0.779 Swiss francs the previous trading day; 1 dollar exchanged for 1.3635 Canadian dollars, down from 1.3636 Canadian dollars the previous trading day; 1 dollar exchanged for 9.2432 Swedish kronor, up from 9.2339 Swedish kronor the previous trading day.

According to Jinshi News, ECB Executive Board member Schnabel stated that if the Iran war leaves a more lasting mark on inflation, the European Central Bank will have to raise interest rates. She pointed out that businesses are planning to raise prices, supply chains are facing disruptions, and households are adjusting their expectations. Schnabel emphasized that if the energy price shock expands, monetary policy will need to tighten to curb the risks to medium-term price stability. She also mentioned that protecting the independence of the central bank is crucial in order to tighten policy when necessary.

According to Jinshi reports, ECB Governing Council member Kocherl stated that if the inflation situation does not improve, the European Central Bank will consider raising interest rates in the coming months.

According to Jinshi reports, European stocks have expanded their gains, with the German DAX index soaring 3% during the day, currently reported at 25,134.9 points. The UK FTSE 100 index rose by 2.38%, and the French CAC40 index increased by more than 3%.

According to Jinshi reports, the European Stoxx 600 Index is currently up 2.3%.

According to Gate market data, the euro against the US dollar EUR/USD has risen more than 0.5% during the day, currently reported at 1.1751.

According to Cryptopolitan, a court in Barcelona is investigating six former Sevilla FC players for their alleged involvement in a fraud case related to the Shirtum crypto project.Newly submitted criminal complaints indicate that the project is accused of selling fake NFTs and manipulated tokens to investors, resulting in losses of over 24 million euros, approximately 28 million dollars. The players named in the complaint include Papu Gómez, Lucas Ocampos, Ivan Rakitić, Nico Pareja, Alberto Moreno, and Javier Saviola. Additionally, El Correo de Andalucía reports that Diego Perotti and Marcelo Guedes were also involved in promoting the project. Thirteen Spanish investors have filed a lawsuit with the Barcelona Investigative Court No. 5, claiming they lost all their funds.It is reported that Shirtum was promoted as a digital collectibles trading platform for football and sold "cinematic NFTs" containing player photos and recordings, priced at around 450 euros each. However, the complainants claim that these NFTs were never minted on any blockchain and cannot be transferred or resold. Furthermore, Shirtum's promoters previously obtained about 3 million euros in BNB from investors for the development of iOS and Android mobile applications, but the app was never launched, and the related funds were neither refunded nor accounted for.