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
21:11
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Web3Auth Saves $5.6M From Hackers by Moving Funds on Nov 8

According to Web3Auth on November 8, the Consensys-owned crypto wallet provider saved approximately $5.6 million by moving assets from vulnerable Keplr wallets before attackers could access them. The emergency recovery operation targeted accounts created through Google and Apple social logins,
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20:45
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Bitcoin Open Interest Surges 117.21% in 24 Hours to $51.525 Billion

According to Coinglass data shared by ChainCatcher, Bitcoin open interest surged 117.21% in the past 24 hours, reaching $51.525 billion. Binance accounted for $10.722 billion, followed by Bybit with $6.3 billion, Gate with $4.57 billion, and OKX with $3.648 billion.
20:01
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Binance CFO Kaiser Ng Steps Down, Justin Yek Appointed as Successor Nine Days After $6.3 Billion Hack

According to Binance, on November 7, Chief Financial Officer Kaiser Ng departed after more than five years, with former Airwallex executive Justin Yek appointed as his successor. The leadership change was announced by co-CEO Yi He, who stated Ng decided to pursue a new venture and that the transition had been planned for over six months, unrelated to the October 29 security breach that affected approximately $6.34 billion in cryptocurrency. Yek, who previously served as vice president of finance
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19:56
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Blumenthal Senate Panel Sets Nov. 30 Records Deadline for Trump-Linked Crypto Firms

According to Senator Richard Blumenthal's office, the Permanent Subcommittee on Investigations sent records requests on Nov. 5 to World Liberty Financial, Fight LLC, Binance, Tether and major crypto industry donors including Coinbase's Brian Armstrong, Gemini's Winklevoss twins, Paxos' Charles Cascarilla, Kraken's Arjun Sethi and Ripple's Brad Garlinghouse. Recipients must begin responding by Nov. 30, 2026, with full compliance required by Jan. 4, 2027. The subcommittee warned that failure to vo
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