Gate Crypto Flash News and Market Updates

According to data from major South Korean exchanges on Nov 8, DEBIT (Teller Finance) surged 26.68% to 1,567 Korean won on Bithumb with trading volume of approximately 3.27 billion won, while CUDIS jumped 23.81% to 4.15 won with volume around 436 million won. On Upbit, MET2 (Meteora) also posted

According to ChainCatcher, OKX founder Star announced today that users should avoid directly transferring funds from MEXC to OKX. The exchange is implementing enhanced risk management measures related to FinCEN sanctions compliance, applying standards similar to financial sanctions

According to ChainCatcher, the European Commission has established a dedicated sanctions office and created a crypto task force within it to counter Russian use of digital assets for sanctions evasion. The task force will operate for 12 months with support from Ukraine and the United Kingdom.
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According to Yonhap Infomax, Kakao Bank's credit loss provisions jumped 30.9% in Q3 2026, reaching 72.9 billion Korean won compared to 55.7 billion won in the same period last year. K Bank's provisions also increased 15.2% to 60.1 billion won. Both banks showed credit loss costs as a proportion of p

According to financial sector data released on November 8, Kakao Bank maintained its net interest margin (NIM) at 2.15% in Q3 2026, improving 2 basis points from the previous quarter, while K Bank held its NIM steady at 1.61%. This contrasted sharply with South Korea's major commercial banks,

South Korea's government announced on November 9 it will temporarily waive securities companies' obligation to maintain a 140% margin maintenance ratio for three months to prevent forced liquidations during the market downturn. The measure aims to block a vicious cycle where falling stock prices

According to Storm Media, Taiwan's benchmark index plunged 1,873.08 points and fell below the 40,000 level on Friday (November 6), prompting the National Stabilization Fund to launch its 10th market stabilization measure. The index closed at 39,701.64 points. Analyst Hsu Po-chieh highlighted Taiwan'

According to analyst Kuo Chen-liang, citing Gartner research, Nvidia's AI business model is financially unviable. The consultancy estimates AI data center operators will need $8.5 trillion in cumulative revenue by 2030 to cover capex and financing costs, but can only generate $3.6

According to Onchain Lens, Smartestmoney currently holds 1.38 million HYPE tokens worth $106 million with unrealized gains of $52.76 million. The long position was opened 11 months ago with a liquidation price of $71.08; HYPE is currently trading at $76.96.

According to Bitcoin News, Square will complete its phased rollout of Bitcoin payments by November 10, extending support to over 4 million eligible U.S. merchants who will automatically gain the capability without requiring separate enrollment. Customers can pay through the Lightning Network with

According to FinanceFeeds reporting, Alphabet announced on November 4 that it will invest $15 billion in Malaysia during 2027 and 2028 to expand data center infrastructure in Selangor and Negeri Sembilan. The company's first Malaysian facility at Elmina Business Park in Selangor is already

According to analysts and data providers including StateStreet and GlenMidth, the U.S. Labor Department will release October consumer price index (CPI) data on November 10, with markets expecting headline CPI to rise 0.3% month-over-month and core CPI to increase 0.3%. Producer price index (PPI) wil

According to Capital Market Research Institute researcher Kim Jae-chil, on November 8, South Korea's thematic exchange-traded funds have surged to account for 33% of the passive stock ETF market as of June 2026, up from 5.1% in 2019. Net assets in this segment climbed from 1.8 trillion Korean won to

According to Onchain Lens, Fidelity transferred a total of 27,000 ETH to Galaxy Digital today (November 7), valued at approximately $60.27 million. The latest transfer of 10,000 ETH, worth about $22.32 million, was completed earlier today. Arkham data confirms the transfers originated from Fidelity

According to COINOTAG, Binance will close accounts for customers in France, Spain, Italy and Poland on December 31, 2026. The exchange urged affected users to withdraw their crypto and fiat balances, with new monthly fees set to begin on November 29. The company confirmed the closure plan through cu

According to Onchain Lens, Machi Big Brother recently sold two more Bored Ape Yacht Club (BAYC) NFTs. Including BAYC #32 sold earlier, the cumulative loss on three sales totals approximately $246,000.