Gate Crypto Flash News and Market Updates

According to Guru Club, Google CEO Sundar Pichai said on October 22 that the AI sector shows no signs of overcapacity, as computing power remains scarce and fully utilized daily. He stated that all planned compute resources will eventually be consumed, and Google will continue aggressive investment to maintain its position at the forefront of AI technology, even if it means accepting lower near-term profits.

According to Odaily, at Lighter's Q3 investor call yesterday, CEO Vladimir Novakovski addressed investor David Hoffman's question about the timeline for DCM and DCO license approvals from the U.S. CFTC. Novakovski said extensive prior communication with regulators would streamline the process, adding that the CFTC is moving quickly despite its current workload. Hoffman subsequently commented on X: "Lighter season back" in reference to the compliance update.

According to BlockBeats, on October 22, Hong Kong's Hang Seng Index plunged 2.7% to break below the 23,000-point level. The Hang Seng Tech Index fell 4.38%, with artificial intelligence-related stocks under pressure, including Zhipu and Tianfu Smart Chip both declining over 9% based on Bitget data.

According to ChainCatcher citing JPYC's official announcement, on October 22, Japanese yen stablecoin issuer JPYC signed a memorandum of understanding with SBJ Bank (a subsidiary of South Korea's Shinhan Bank operating in Japan) and LINE NEXT to conduct a proof-of-concept for direct deposits of yen stablecoins from bank accounts to digital wallets. Under the collaboration, SBJ Bank provides banking infrastructure and payment services, LINE NEXT contributes its Unifi wallet and Unifi Pay technolo

According to 21 Finance and DataEye, approximately $20 million is burned daily across overseas webtoon platforms. DataEye research director Liu Zun noted that only 1.3% of AI webtoons achieve profitability, with 93% of titles generating fewer than 1 million monthly views. Monetization rates have collapsed from 30-100 yuan per million plays to 5-10 yuan, while hit rate remains below 0.5%, underscoring the industry's struggle despite capital enthusiasm for AI-generated webtoon exports.

According to BlockBeats, on October 22, six whale addresses on Hyperliquid suffered liquidations totaling $25.91 million overnight and today, with $18.50 million in short positions and $7.41 million in long positions liquidated. Trader Aguila Trades was partially liquidated four times on BTC long positions, losing 21.12 BTC (approximately $1.76 million) with realized losses of around $25,900, while still holding 14.65 BTC in long positions valued at $1.21 million with a liquidation price of $82,

Bank of Korea Governor Shin Hyun-soon said next year that government budget expenditures will increase the country's GDP growth rate by 0.5 percentage point.

According to BlockBeats, on October 22, IBM reported third-quarter revenue of $17.1 billion, up 5% year-over-year, with adjusted earnings per share of $2.95, both beating analyst expectations. The company raised its full-year software revenue growth guidance to approximately 7-8% and increased free cash flow growth guidance to over $1 billion. IBM's free cash flow reached $8 billion in the first nine months, a record for the period.

According to Yahoo Finance, Anthropic will file its S-1 registration statement as early as Friday, October 23, marking a major step toward what is expected to become the largest IPO on record. The AI company's offering is projected to exceed SpaceX's June IPO and will serve as a critical test of investor confidence in AI enterprises amid growing scrutiny over the industry's massive capital expenditures. Anthropoic generated $16.3 billion in revenue during the first half of 2026 while posting net

On October 22, South Korea's Deputy Prime Minister Lee Hyung-il reiterated during a National Assembly hearing that the government is carefully reviewing crypto asset taxation policy, incorporating industry and parliamentary input. Park Hae-young, director of the National Tax Service, acknowledged that decentralized exchange (DEX) and overseas trading data are difficult to secure completely. The NTS plans to establish a comprehensive analysis system by the end of 2026 to maximize tax compliance c

According to Lookonchain, four new wallets received a combined 1,127 BTC from market maker Wintermute on October 22. The transfer was valued at approximately $93.45 million, corresponding to an average BTC price of $82,900.

According to Foresight News, Cardano DeFi protocol Genius Yield will gradually halt operations. To address user asset withdrawal issues, co-founder Lars Brünjes announced the development of Genius Zero, an application allowing users to bypass Genius Yield's backend servers and directly unstake and cancel DEX orders through Cardano smart contracts. GeniusYield-controlled addresses will continue receiving original DEX trading fees. Any fee adjustment requires signatures from at least three of the

According to Foresight News, on-chain analyst Spreek detected potential admin key leaks affecting Swell DAO's swETH and rswETH tokens on October 22. The attacker has been raising NAV (Net Asset Value) without underlying support at rates up to 1% per hour, with four malicious upgrade contracts already deployed but not yet queued through multisig. Spreek noted that the incident analysis report was assisted by Claude and some details remain unverified, but core information is considered accurate. T

According to Tom Lee of Fundstrat, Bitmine announced during TOKEN2049 a strategic decision to cap its Ethereum holdings at 5% of total supply. The company currently holds approximately 6 million ETH, representing 4.9% of total supply. The decision was influenced by suggestions from Ethereum co-founder Vitalik Buterin, marking a shift in the mining firm's accumulation strategy.

According to Eleanor Terrett, the SEC has confirmed that three firms have notified the agency of their intent to operate tokenized securities venues (TSVs) under its new innovation exemption. TSV LLC, co-founded by Ali Abrar and Ryan Trinkle, intends to operate on Canton Network. OKXICE, a joint venture between OKX and ICE Markets, will launch on X Layer. Kephas Corp., a subsidiary of Perpetuals.com, is set to operate on Kronos X Public. The SEC clarified that inclusion on this list does not ind

According to TechCrunch, Walmart launched Agent Gateway on October 22, enabling approved AI agents to search products and complete purchases for users. The company plans to roll out independent authorization controls in November, allowing consumers to manage each AI agent's shopping permissions and spending limits separately. This contrasts with Amazon, which has begun blocking AI agents from placing orders on behalf of consumers.

According to Bloomberg, DeepSeek completed a funding round raising approximately $15 billion (100 billion yuan) today (October 22), marking one of China's largest fundraising events. Lead investors include Ningde Times and Tencent. The funds will support DeepSeek's global competition with U.S. AI companies including Anthropic and OpenAI.

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) spot prices fell to 98,800 yuan/ton this morning, down 1,750 yuan/ton from yesterday's 16:30 closing price.

According to Haseeb Qureshi, managing partner at Dragonfly, on Oct 22, a cyber attack wave resembling a "pandemic" is sweeping across the security landscape. Citing DefiLlama Research data, Qureshi noted that on-chain hacking incidents have surged, though the total stolen amount remains comparable to 2025 levels, with average losses per incident declining. He noted smaller protocols have largely been compromised, while major protocols are reinforcing defenses using AI tools.

According to Jin10 Futures, as of October 12, ICE raw sugar futures closed at 20.47 cents per pound, with the CNY exchange rate at 6.6760. In-quota Brazilian sugar processing costs after customs duties were estimated at 5,052 yuan per ton, while out-of-quota costs reached 6,437 yuan per ton. Compared with price quotes from Zhangzhou Sugar Factory, in-quota Brazilian sugar showed an estimated profit margin of 848 yuan per ton, while out-of-quota sugar faced an estimated loss of 537 yuan per ton.