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
23:12
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LG and Robinhood Adopt Arbitrum for Blockchain Integration

According to Arbitrum's official account, LG and Robinhood have adopted the Arbitrum platform for onchain solutions. The adoption also includes Cross River and reflects growing institutional interest in blockchain infrastructure for operational efficiency. Arbitrum operates as a Layer-2 scaling solu
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ARB+1.86%
ETH+1.64%
23:02
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South Korea's President Warns of Poor Real Estate Data Communication, Seoul Apartment Transactions Drop 56% Since July

According to Yonhapinfomax, on November 3, South Korean President Lee Jae-myung expressed concern at a State Council meeting that real estate market data is not being properly communicated to the public. The president cited declining apartment transactions in Seoul as evidence, noting monthly trades fell from 6,041 in July to 2,633 in October. Lee attributed the communication gap to stakeholders emphasizing only selective statistics to support their interests. He emphasized the need for the gove
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22:55
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Design Platform Canva Restructures, Eliminating 1,271 Positions (22% of Workforce)

According to Forbes Australia, on November 4, Canva announced a restructuring that will eliminate 1,271 positions, affecting approximately 22% of its 5,000+ employees. The role eliminations will include position cuts, transfers, and adjustments across the organization. Canva CEO Melanie Perkins stated in an internal memo that the company's growth has slowed for the first time in a decade, calling this year "the most difficult year" for the company. The restructuring will consolidate product, gro
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22:52
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Tether CEO Claims 150,000 BTC Holdings, 50,000 Coins Above Q3 Reserve Report

According to Tether CEO Paolo Ardoino, announced at the Plan B Forum in Lugano, the stablecoin issuer holds approximately 150,000 Bitcoin, worth roughly $11.5 billion at current prices. The figure exceeds what Tether's third-quarter reserve attestation implies by about 50,000 coins, which lists roughly 100,060 BTC. Ardoino did not disclose where the additional Bitcoin is held or when it was acquired. Tether maintains that its corporate Bitcoin investments are held separately from the reserves ba
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