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
20:31
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Frax and DefiLlama Launch Verification Tool for frxUSD Backing Today

According to DefiLlama, Frax Finance and DefiLlama have launched a verification page today that tracks the backing of frxUSD, displaying both on-chain and off-chain assets. The tool aims to enhance transparency in decentralized finance and reinforce investor confidence in digital asset verification
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20:24
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Iran's IRGC Captures Two U.S. MQM-170 Drones, Downs MQ-9 on Nov. 3

According to Jin10, Iran's Islamic Revolutionary Guard Corps captured two U.S. MQM-170 reconnaissance drones using electronic warfare systems near Qeshm Island on Nov. 3, bringing the total number of captured drones of this type to four. The IRGC also reported downing an MQ-9 drone over the Strait of Hormuz, with cumulative shootdowns of this model reaching 55 aircraft.
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20:21
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CBOT Soybean Futures Fall 1.5% to $12.16 Per Bushel on November 2

According to Bloomberg, on Monday, November 2, CBOT soybean futures fell 1.50% to $12.16 per bushel, approaching the August 17 low of $12.0375. Soybean meal futures declined 1.60%, while soybean oil fell 1.28%. In other commodities, CBOT corn futures remained flat, wheat futures gained 0.38%, lean h
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20:12
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USDC Treasury Mints $250 Million in Past 24 Hours to Boost Liquidity

According to @whale_alert, the USDC Treasury minted $250 million in new USDC tokens in the past 24 hours to enhance market liquidity. The stablecoin maintained over 99.99% of agentic transfer volume, underscoring its strength in the crypto ecosystem. The minting reflects a proactive strategy to
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USDC+0.03%
20:07
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U.S. Treasury Raises Q3 2026 Financing Estimate to $739 Billion

The U.S. Treasury Department raised its financing estimate for the third quarter of 2026 (July-September) to $739 billion, according to its latest projections. The increase of $68 billion from May's forecast reflects lower-than-expected net cash inflows. The Treasury assumes a cash balance of $950 b
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