Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
15:01
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Cysic Resumes Cross-Chain Bridge, Burns 7.2M CYS on BNB Smart Chain

According to Cysic's official announcement, the platform has fully resumed its cross-chain bridge service following a prior security incident. Users can now transfer CYS between Cysic mainnet and other supported blockchains. Cysic permanently burned 7,200,002 CYS on BNB Smart Chain, with the transaction confirmed on-chain.
15:01
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Singapore Police Reports SGD 3.5M in Losses from Tampered Ledger Hardware Wallets Sold Locally

According to Singapore Police, on October 29, Ledger hardware wallets distributed through local retailers in Singapore containing malicious components have caused approximately SGD 3.5 million in losses. Police received at least two cases starting from September 10, in which buyers of the compromised devices had their seed phrases or private keys stolen without knowledge, leading to unauthorized cryptocurrency transfers. The malicious hardware components were embedded in devices sold by certain
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14:58
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U.S. Q3 GDP Rises 3.4%, Driven by Business Investment Surge of 19.4%

According to the U.S. Department of Commerce on October 29, U.S. real GDP rose 3.4% in the third quarter (July–September) on an annualized, seasonally adjusted basis, surpassing market expectations of 3.2% and marking the strongest growth rate in a year.
Private domestic investment surged 19.4%,
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