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
05:52
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OpenAI Ready for 2027 IPO, Over Half Revenue from Enterprise Clients

According to OpenAI President Greg Brockman, speaking at the Wall Street Journal tech conference on Wednesday, the company is prepared for an IPO in 2027. Brockman stated that more than half of OpenAI's current revenue comes from enterprise customers, and the company is accelerating enterprise
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05:52
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Seoul Court Dismisses Dunamu's API Plagiarism Lawsuit Against Bithumb

According to Seoul Central District Court on November 5, Dunamu lost its API plagiarism lawsuit against Bithumb, with the court rejecting all of the exchange operator's claims. The court also ordered Dunamu to bear all litigation costs.
Dunamu had sought 20 million won in damages, claiming Bithumb
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05:49
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VP Vance Attempts to Build 'New-Right' Coalition Ahead of 2028 Election

According to Fox News on November 4, VP Vance is attempting to build a 'new-right' coalition of disaffected Republicans and voters ahead of the 2028 presidential election cycle. The effort comes after Democrats regained control of both the Senate and House in the November 3 midterm elections,
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05:48
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Venomics AI Raises $2.7M for Venom-Based Drug Discovery Platform

Venomics AI, a Bengaluru-based biotechnology startup from the Indian Institute of Science, has raised $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio also participating. The funding will expand the company's Venom Atlas dataset, enhance AI and lab screening capacity, and support hiring in venom biology, computational science, and drug discovery. Founded by Indian Institute of Science professor Kartik Sunagar and Vinay Prabhu, Venomics AI u
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05:45
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Samsung, TSMC, and Micron Hit Record Free Cash Flow; Nvidia Growth Slows

According to Benzinga and Yahoo Finance, Samsung, TSMC, and Micron generated record free cash flows in the latest quarter, significantly outpacing Nvidia and other major U.S.-listed companies. Samsung's free cash flow reached $4.2 billion, Micron's $3.1 billion, and TSMC's $2.2 billion. Samsung and
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05:44
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Rize Posts Record Q3 EPS of 2.01 Yuan, Revenue Up 59.57% Year-over-Year

According to Economic Daily, Rize (7703), a leading provider of gas supply systems for high-tech semiconductor facilities, reported Q3 2026 consolidated revenue of NT$958 million, up 59.57% year-over-year, with earnings per share (EPS) reaching NT$2.01, up 3.61% year-over-year, marking record
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05:44
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GS Reports Q3 Operating Profit Up 46.43% Year-over-Year to 12.75 Trillion Won

According to GS official announcement on November 5, the South Korean conglomerate reported Q3 2026 operating profit of 12.75 trillion won, up 46.43% year-over-year, with revenue reaching 7.27 trillion won, up 11.24% year-over-year. For the first nine months of 2026, cumulative operating profit reached 42.5 trillion won, up 96.8% compared to the same period last year, while net profit jumped 235.08% to 26.4 trillion won.
05:40
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South Korea Delays Sanctions Discussion Over Alleged $6B Binance Theft by North Korea

According to Yonhap News, South Korea's Unification Ministry said on Thursday that discussions on potential sanctions against North Korea over the alleged theft of more than $6 billion in cryptocurrency from Binance had not yet begun. A ministry official stated that the government has not fully grasped details of the hacking incident, and internal information sharing and discussions are still ongoing. The U.S. Federal Bureau of Investigation announced last week that North Korea was responsible f
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05:37
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Arkansas Sues Kalshi Over Illegal Gambling Allegations on Wednesday

According to CoinDesk, Arkansas Attorney General Tim Griffin sued prediction market platform Kalshi on Wednesday (Nov 5), accusing it of operating an illegal gambling platform. Griffin contended that using the platform to bet on sports outcomes constitutes gambling, which is prohibited under state l
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05:35
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XRP Ledger Patches Vulnerability Allowing Unauthorized Token Creation

According to CoinDesk, XRP Ledger activated a security patch named fixCleanup3_4_0 yesterday (November 4, 22:52 UTC+8) to address a vulnerability where certain accounts authorized only to destroy tokens could also create new ones under specific conditions. The flaw affected the network's
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XRP+1.83%
05:31
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Coherent Signs $20B Five-Year PhotonLink Contract With Major AI Customer on Nov 4

According to Coherent's earnings call on Nov 4, the optical communications company signed a five-year PhotonLink supply agreement with a major unnamed AI customer valued at approximately $20 billion, with revenue expected to begin in early 2028. PhotonLink is Coherent's integrated optical platform combining lasers, fiber components, and optical elements to replace copper connections with optical links in AI data centers. To support the contract, Coherent has already doubled its indium phosphide
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