Gate Crypto Flash News and Market Updates

According to CZ on social media, Binance covered losses from stolen assets using its own balance sheet without borrowing funds, selling assets, or raising capital from external sources.

According to the Wall Street Journal, investors have marked down Anthropic's IPO valuation target to $1.5 trillion to $1.6 trillion this week, down from nearly $2 trillion previously discussed. The adjustment follows a sharp tech sector decline, with the Nasdaq index falling roughly 10% from

According to Axios Pro, computing power trading platform Ornn is in talks to raise a new Series A tranche that could value the startup above $1 billion, making it the most valued startup in the sector. The round follows Ornn's $800 million Series A second tranche completed earlier this year,

According to Hanhwa Asset Management, on November 3, two ETFs—PLUS Korea Defense Industry (KDEF) and PLUS Korea Manufacturing Core Alliance Index ETF (KMCA)—were cross-listed on the New York Stock Exchange (NYSE) and Abu Dhabi Securities Exchange (ADX). This marks the first time a Korean fund manager has simultaneously entered both North American and Middle Eastern markets. Middle Eastern investors can now trade these U.S.-listed ETFs on ADX using local brokerage accounts and AED currency, witho

According to Bloomberg, OpenAI signed agreements with Adnoc, Mubadala, Inception42, and Abu Dhabi's Department of Government Enablement on November 2, expanding AI deployment across the United Arab Emirates. CEO Sam Altman met with Crown Prince Sheikh Khaled bin Mohamed Al Nahyan. Adnoc, the UAE's s

As of 8:30 a.m. Beijing time on November 3, spot platinum rose 0.49% and spot palladium climbed 0.39% in early trading.

According to NEAR Protocol, its decentralized on-chain governance body House of Stake voted to reduce the network's maximum annual emission rate from 2.5% to 1.6%, to be implemented in phases over 24 months. The proposal, HSP-029, maintains the current allocation split of 90% to staking

According to CoinDesk on November 2, analysts identified approximately $2.2 billion in Bitcoin short positions accumulated on the Chicago Mercantile Exchange (CME), representing roughly 29,220 BTC. Chris Sullivan, CEO of Hyperion Desmus, noted this concentration could trigger a short squeeze if Bitc

According to Coinglass, over $298 million in positions were liquidated network-wide in the past 12 hours, with long positions accounting for $271 million and short positions for $27.04 million.
During the same period, Bitcoin saw $67.80 million in liquidations, while Ethereum recorded $40.35 millio

According to reports, Oracle (ORCL) plans to issue $10 billion in stock at an 11% discount, with an expected offering price of $116 per share.

According to Mitsubishi UFJ Financial Group (MUFG) securities research published on November 2, the financial institution forecasts a split Congress—with Democrats controlling the House and Republicans retaining the Senate—as the most favorable scenario for markets ahead of the 2026 U.S. midterms. MUFG estimates a roughly 50% probability for this divided government scenario and a 45% probability for a full Democratic sweep. The research team notes that while a Democratic House majority is likely

According to ChainCatcher, on October 23, a team member of the Ignition token launch platform on Robinhood Chain sold 15 million IGNITION tokens from a shared developer wallet without authorization from other team members. The tokens were transferred to a new wallet and sold within seconds, with

According to ChainCatcher, on the eve of the 2026 U.S. midterm elections, prediction market platforms Polymarket and Kalshi forecast a 78% and 74% probability respectively that Democrats will control both the House and Senate. Polymarket's related market has seen over $58 million in trading volume, while Kalshi's contract market has exceeded $100 million. Kalshi CEO Tarek Mansour noted this is the first midterm election conducted on a prediction market platform, with total betting volume across

According to Yonhap Infomax, the USD/KRW exchange rate climbed to 1,346.00 Korean won on November 3, up 2.20 won from the previous Seoul market close of 1,343.80 won. The pair rose as much as 1,347.20 won during the session before trimming gains. South Korea's stock market strength, driven by recovery in semiconductor sector sentiment, supported the Korean won's weakness. Foreign investors buying equities while simultaneously purchasing dollars for hedging purposes contributed to the upward pres

According to its official announcement, NEAR Protocol is hosting global hackathon meetups this November in Chicago, Bolivia, Malaysia, and New York City, aiming to foster community engagement and innovation within the blockchain ecosystem. Participants will have the opportunity to connect, share ideas, and collaborate on projects.

According to Onchain Lens, Fidelity Digital Assets transferred 1,722 BTC (approximately $132 million) to new wallets on November 3.

According to Coinbase CEO Brian Armstrong, Coinbase has launched a new registration page for AI agents, enabling the company to build AI-powered financial accounts. Users can connect AI agents to their accounts to execute trades based on predefined strategies and risk limits.
The platform

According to @NEARProtocol, NEAR Protocol announced 13 distinct hackathon tracks designed to guide developers on project submissions. The submission deadline is November 14, and each track includes specific documentation and resources to support developers entering the competition.

iShares Silver Trust, the world's largest silver exchange-traded fund, increased its holdings by 113.71 tonnes on November 2, bringing total holdings to 15,759.44 tonnes.

The Bank of Korea expects inflation to remain in the upper range of 2% in November, according to the central bank's latest projection.