Gate Crypto Flash News and Market Updates

According to CoinDesk, Brazilian enterprises turned to stablecoins on October 25 during the country's elections to hedge against currency depreciation. Corporate accounts accounted for 78% of trading volume on the day, with USDT transactions surging nearly 800% compared to the previous week—more

According to The Information on October 27, OpenAI intends to purchase Google's artificial intelligence chips, signaling efforts to rapidly expand AI computing capacity beyond its current reliance on Nvidia GPUs. The procurement plan will deepen cooperation between OpenAI and Alphabet's Google,

According to Jin10, SK Hynix stated on October 28 that DRAM and high-bandwidth memory (HBM) capacity through 2029 is essentially sold out, significantly improving long-term sales outlook. The company completed HBM4E sample shipments in the second quarter, with HBM4 development and certification on t

According to Caixin via ChainCatcher, following the arrest of Cambodian syndicate leader Chen Zhi, multiple jurisdictions have initiated asset seizure proceedings against entities under his control. Local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve assets h

According to CCTV News, on October 27, three gold mines in South Kordofan State in southern Sudan were hit by drone strikes, killing 5 people and wounding 6 others. No organization or individual has claimed responsibility for the

According to the Dutch Ministry of Agriculture, Nature and Food Quality, authorities culled over 45,000 poultry across two farms on October 27 following bird flu outbreaks as the autumn-winter season began. The ministry stated this is the first avian influenza case reported in the Netherlands

Moody's recently assigned RLUSD an A2 long-term rating and P-1 short-term rating, according to an announcement amplified by Ripple. The ratings reflect institutional confidence in the stablecoin, with the A2 rating indicating high creditworthiness. Ripple's RLUSD is designed to facilitate

Michael Saylor recently amplified a post from @DocumentingBTC discussing how artificial intelligence could increase Bitcoin's value. The tweet received 193 likes and 40 retweets, indicating strong interest in the topic among the crypto

According to Jin10, UK Chancellor Healey will announce a cautious budget plan on October 28, targeting new taxes on banks, betting companies, and online marketplaces like Amazon. The budget aims to support low-income households facing high energy

According to the Financial Supervisory Service, South Korea announced today, October 28, a ban on securities companies and asset managers from providing cash or prizes tied to trading volume or frequency. High-risk products including overseas stocks, leveraged ETFs, and margin trading will face an o

China's SHIBOR (Shanghai Interbank Offered Rate) data showed overnight rates holding steady at 1.2810% today, unchanged from the previous day. The 7-day SHIBOR declined 0.8 basis points to 1.3400%, while the 3-month SHIBOR fell 0.2 basis points to 1.4035%.

According to Onchain Lens, an address purchased 1.55 million CASHCAT tokens for 160,000 USDG after 44 days of dormancy.

According to China Securities Journal, Baidu plans to disclose its world model research progress on October 28. The world model, a core focus in AI research, involves building and predicting physical environments. If applied to autonomous driving, the technology could enhance prediction and

According to Binance's official announcement, the platform's spot and convert trading services will launch five bStocks tokenized securities trading pairs on October 28 at 20:00 (UTC+8): Applovin Corp (APPB), Bending Spoons (BSPB), GE Vernova Inc (GEVB), GraniteShares 2x Short

According to ChainCatcher, Iron Fish issued a warning today (Oct 28) regarding abnormal issuance of wIRON on the Base network. The team has requested cross-chain bridge provider ChainPort to conduct an emergency review. Users are advised to avoid purchasing wIRON on Base or using related cross-chain bridges pending further notification. Iron Fish stated it cannot currently guarantee that wIRON maintains 1:1 full asset backing and will provide updates after verifying additional facts.

According to RootData, Momentum (MMT) will unlock approximately 17.7 million tokens worth $2.51 million on November 4 at 10 a.m. Beijing time.

According to the Australian Bureau of Statistics on September 28, Australia's consumer price index rose 4.3% year-over-year in September, exceeding both the previous month's 4.0% and the market forecast of 4.2%. Housing costs were the largest contributor to inflation, climbing 5.2%, driven by

According to Odaily, RETARDIO, a meme token on Solana, saw its market cap break through $4.3 million today. The project was relaunched as "Retardio Classic" by @retardmode, leveraging original creator involvement and a recently released Cousins NFT

According to Gate data, Unitree Robotics stock surged over 10% today (October 28), with trading volume exceeding 3 billion yuan.

According to Onchain Lens, a whale purchased $42.3 million in crypto assets from BitGo over the past hour. The purchases included 14,600 ETH (worth $34.24 million), 415,690 LINK tokens ($4.81 million), 16,570 AAVE tokens ($2.23 million), and 144,840 UNI tokens ($1.02 million).