Gate Crypto Flash News and Market Updates

According to Kai Kuo Fund's disclosure on November 13, the board of CDIB Global Markets Limited (GM), a subsidiary of Kai Kuo Financial, approved an investment of up to $10 million in United Stables Limited. The company will acquire up to 1,033 common shares at approximately $9,680 per share,

According to the White House announcement on November 12, President Trump nominated four people to fill vacancies at the Securities and Exchange Commission and the Commodity Futures Trading Commission. Steven Levine, a Republican, was picked for the SEC seat vacated by Hester Peirce, former head

According to Foresight News, Bybit launched ByPick Season 2, an event prediction market allowing users to forecast outcomes in crypto, sports, and finance. The season features a 100,000 USDT prize pool distributed through season-long and weekly leaderboards. The new season introduces a dedicated weekly ranking that counts only successful prediction points, excluding earnings from trading or sign-in bonuses.

According to Foresight News, MANTRA suspended all unstaking transactions for 7 days effective today, following a security incident involving Web3Auth and Keplr wallet private key leaks. Hackers exploited the breach to steal unstaked MANTRA tokens and initiate unauthorized unstaking of users' staked tokens. Users with ongoing unstaking must re-delegate before the 8-day unstaking period ends to prevent hackers from claiming and transferring tokens to uncontrolled addresses. After re-delegation, su

Gemini Space Station (GEMI) reported Q3 results on November 12, with net loss narrowing 63% to $58.6 million and loss per share of $0.46 versus $0.58 expected. Revenue fell 19% year over year to $40.9 million, below the $44.38 million estimate. Operating expenses declined 30% to $119.9 million,

WTI crude oil fell 1.0% intraday, trading at $87.85 per barrel.

According to ChainCatcher, citing DefiLlama data, Ripple's stablecoin RLUSD has overtaken PayPal's PYUSD in market capitalization as of today. RLUSD's circulating supply stands at approximately $2.702 billion, exceeding PYUSD's $2.628 billion. Over the past 24 hours, PYUSD circulating supply

Goldman Sachs' strategy team, led by Peter Oppenheimer, forecasts the S&P 500 will rise 14% to reach 8,700 in 2027, according to Bloomberg. The forecast comes after large-cap technology stocks experienced recent selloffs, bringing valuations to historically low levels. The team also assigned

According to an announcement on Nov 13, Huatian Paper (1905-TW) has sold its Taoyuan Guanyin industrial facility and land to E Ink Holdings (8069-TW) for approximately NTD 2.78 billion. The transaction is expected to generate a processing gain of approximately NTD 1.33 billion after deducting

According to Strategy CEO Phong Le on CNBC, approximately 3% of Microstrategy's stock correlates with the MSCI index, making the recent decision to remove the company from the index insignificant. Phong Le characterized the move as a non-material

According to Israeli officials, Trump and Israeli PM Netanyahu had sharp disagreements during a weekend call over whether to restart military operations against Iran. The dispute centered on how to proceed with Iran strategy, though Israeli government representatives denied the authenticity of

According to Anthropic's official statement, on November 13 at 17:58 UTC+8, Claude.ai, Claude Code, and platform.claude.com experienced elevated error rates, preventing some users from logging in. The outage affected four services: Claude.ai, Claude Console (platform.claude.com), Claude Code, and Cl

According to Iran's military, on November 13, Iranian naval air defense systems intercepted and struck a U.S. MQ-1 drone in Kohstak area, Sirik region, southern Iran. Iran's military emphasized it would resolutely defend the country's territorial integrity and national

According to Hyperliquid co-founder Jeff Yan, Bitso completed its integration with Hyperliquid on Nov 13. Bitso users can now trade over 200 perpetual contract markets on Hyperliquid through the Bitso Alpha interface using their account funds directly. Trading assets include cryptocurrencies,

According to ChainCatcher, on Thursday, Tom Cotton, the ranking Republican of the Senate Intelligence Committee, urged U.S. Commerce Secretary Howard Lutnick to exclude Chinese memory chipmaker CXMT from the U.S. market and ban it from accessing American technology. In his letter, Cotton stated that CXMT poses growing risks to U.S. economic prosperity and military advantage, and called for action to prevent the company from gaining a stronger foothold in the global market.

According to Taiwan Stock Exchange filing on November 13, Kai-based Financial Holding (2883) reported combined after-tax net profit of NT$4.81 billion for October 2026. For the cumulative period of January through October, the holding company posted combined after-tax net profit of NT$394.21 billion. Among major subsidiaries, Kai Securities led with NT$11.31 billion in October profit, while Bank Kai contributed NT$6.89 billion. Kai Life Insurance reported a loss of NT$4.03 billion for the month.

According to a filing with Taiwan's Public Information Observation Post, Yida (6576) board of directors approved on November 13 a proposal to submit to shareholders for discussion on issuing private domestic or overseas convertible bonds. The board authorized issuance within a total authorization limit not exceeding 35 million shares over a period of up to five years. Bond denominations would be set at 100,000 New Taiwan dollars or multiples thereof, or 10,000 U.S. dollars or multiples thereof.

According to ChainCatcher, SpaceX plans to invest over $74 billion to build two supercomputing parks in Texas Starbase and Arizona's Cochise County. The Starbase facility will require an investment exceeding $24 billion, while the Arizona park is expected to cost around $50 billion. The Arizona

According to an announcement on November 13, Fubon Life Insurance plans to participate in Anthropic, PBC's initial public offering in the United States, with a maximum subscription amount of $700 million (excluding commissions and other related fees). The exact number of shares and per-share price will be disclosed after confirmation. The subscription is funded from the company's own capital and aligns with insurance law regulations for the deployment of life insurance funds.

According to Reuters, approximately 600,000 Nvidia H200 AI chips are currently stored in Hong Kong, awaiting approval for import into mainland China, as of late October. China has restricted large-scale approvals for the chips, though has permitted partial imports in recent months, with several