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
08:33
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Chinese Yuan Depreciates to 6.6735 Against US Dollar on Nov 9

On Nov 9 at 4:30 p.m. Beijing time, the onshore Chinese yuan fell to 6.6735 against the US dollar according to the official fixing. The currency depreciated 24 points from the previous trading day's close, while gaining 28 points compared to the previous night's
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08:32
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Crypto Industry Raises $1.65 Billion in October, Kalshi's $1 Billion Round Accounts for 61%

According to Odaily, crypto venture capital funding reached $1.65 billion in October 2026, more than doubling from September, driven primarily by Kalshi's $1 billion Series G funding round. Kalshi's raise accounted for 61% of the month's total funding. Excluding Kalshi, other projects secured $651 million, while seed and pre-seed rounds grew 8% to $123 million across 20 deals. The payment sector led with $342 million in funding from 12 deals, including a $200 million round for Whop. RWA-focused
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08:31
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Binance User Assets Protected via SAFU After $6.3B October Theft, Says Changpeng Zhao

According to Changpeng Zhao, user assets can be protected through mechanisms like Binance's SAFU (Secure Asset Fund for Users) following the estimated $6.3 billion theft announced in late October. Zhao stated that while hacking attacks are unavoidable, the critical factor is how exchanges respond; he emphasized that exchanges face stricter regulatory oversight than banks and have the capability to address money laundering issues. Blockchain transactions are easily traceable and transparent, he a
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08:13
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Binance Perpetual BTC Hangs $17.75M Buy Order at $73,700 Today

According to ChainCatcher citing Liquid247.xyz, Binance perpetual BTC market saw a $17.75M buy order placed at $73,700 today (Nov 9), equivalent to 240.86 BTC and roughly 0.19% below the mid-price. At the same order book depth, near-term buy orders totaled approximately $63.9 million while sell orde
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08:13
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Alibaba Launches Qwen Office 2.0 with Event-Triggered Task Automation

According to OneMillion_AI, Alibaba launched Qwen Office 2.0, introducing a new "event trigger" feature for AI task automation. Previously, tasks could only execute on preset schedules; now they can be automatically initiated by specific messages, approvals, or pending events.
For example, when a m
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08:09
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Sakana AI Plans IPO as Early as Autumn 2027

According to Nikkei, Sakana AI plans to conduct an IPO as early as autumn 2027. The AI startup has not disclosed further details regarding the timeline or potential valuation.