Gate Crypto Flash News and Market Updates

According to Business Insider, on November 3, billionaire investor Bill Ackman stated that artificial intelligence hyperscalers' growth potential is being underestimated by the market, saying analysts underweight the significant revenue and profit growth these companies' infrastructure investments c

According to the Bank of Korea, South Korea's foreign exchange reserves rose to $443.16 billion at the end of October, up $2.6 billion from $440.56 billion at the end of September. The increase was primarily driven by asset management gains and higher foreign currency deposits from financial

According to Hana Securities analyst Kim Hyun-soo, LG Energy Solution's Q3 operating profit reached 750 billion won, beating consensus expectations. Energy storage system (ESS) revenue surged 50% quarter-on-quarter, while medium and large EV battery sales grew 30% driven by increased European high-v

iShares Silver Trust, the world's largest silver ETF, saw holdings decrease by 7.54 tons compared to the previous day, with current holdings at 15,751.9 tons.

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

According to @whale_alert, the USDC Treasury minted $250 million in USDC tokens in the past 24 hours to enhance liquidity in the market.

According to Yonhap Infomax, Digital X (formerly Coinbit), a cryptocurrency exchange under South Korea's Future Asset Group, has shelved its planned relocation to the Future Asset Center One building in Seoul this month. The exchange decided to maintain its current operations following internal

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

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

According to Wall Street Journal, key battleground districts including Kentucky's 6th congressional district and Iowa's competitive races are reporting initial results on November 3 midterm election day. The outcomes in these closely watched areas are being monitored as indicators of whether

According to Christopher Perkins, senior vice president and head of digital assets investing at Franklin Templeton, investors have started to evaluate individual tokens by their activity, revenue, and specific characteristics, he said in an interview published on Monday,

According to Bloomberg Law, Binance failed to obtain cybersecurity insurance following a recent hacking incident involving approximately $6.3 billion in stolen assets. External commercial insurance coverage is expected to be limited. The company holds directors and officers liability insurance, which may provide some protection against regulatory investigations and lawsuits but does not directly cover stolen crypto assets.

According to Hana Securities, the brokerage will resume new credit purchases of SK Hynix starting November 6, with a limit of 300 million Korean won, marking the first resumption in about a month. SK Hynix's credit loan balance declined to 2.478 million shares as of November 2, down 17.3% from the

According to SEC filings submitted on November 4, Coupang Inc. posted an operating loss of $450 million (approximately 642.3 billion Korean won) in the third quarter of 2026, swinging from an operating profit of $162 million in the same period last year. This marks the company's third consecutive qu

According to Anthropic, the company released an open-source system called FlashProve on Tuesday, designed to verify which AI model produced a specific output. The system provides cryptographic proof that an output came from a particular model without requiring labs to disclose model weights or

According to chain analyst @FabianoSolana, suspected North Korean hackers transferred approximately $1.46 million via Jupiter Lend and Circle cross-chain bridge. The funds originated from an FBI-marked Solana wallet, were dispersed across 35 temporary addresses, then consolidated and deposited

According to Jin10, on November 3, the UN General Assembly and Security Council jointly elected five International Court of Justice judges with nine-year terms beginning February 6, 2027. The elected judges are Dabo Akande (UK), François Alabrune (France), Mahmoud Hamoud (Jordan), Chen Hui-ching (Singapore), and Phebe Okowa (Kenya), who secured reelection after multiple rounds of voting.

According to media reports, CVS rose 3% in after-hours trading, with the company reportedly considering a breakup of its business segments.

According to Guru Club, Meta attracted up to $58 billion in subscription orders for its U.S. dollar-denominated debt on November 4, approximately four times its minimum issuance target of at least $15 billion. The company plans to issue at least $20 billion in total cross-border financing and launch its first euro-denominated bonds as soon as Wednesday. Despite strong demand, Meta needed to offer higher yields to attract investors. The 2056-maturity bonds carry a yield spread of approximately 2.