Gate Crypto Flash News and Market Updates

According to Yonhap News, South Korea's Unification Ministry said on Thursday that discussions on potential sanctions against North Korea over the alleged theft of more than $6 billion in cryptocurrency from Binance had not yet begun. A ministry official stated that the government has not fully grasped details of the hacking incident, and internal information sharing and discussions are still ongoing. The U.S. Federal Bureau of Investigation announced last week that North Korea was responsible f

According to Jin10, domestic gold jewelry prices rose more than 40 yuan per gram on November 5 compared to the previous day. Multiple brands' 24K gold jewelry were quoted at 1,224–1,233 yuan per gram.

According to CoinDesk, Arkansas Attorney General Tim Griffin sued prediction market platform Kalshi on Wednesday (Nov 5), accusing it of operating an illegal gambling platform. Griffin contended that using the platform to bet on sports outcomes constitutes gambling, which is prohibited under state l

According to Yonhap Infomax on November 5, South Korean green energy materials manufacturer J&T Group announced its KOSDAQ initial public offering (IPO) with an expected market capitalization of 500 billion to 603.5 billion won based on the upper end of its offer price band. The company plans to

According to ChainCatcher citing DefiLlama data, the top three platforms by perpetual contract open interest are Binance ($31.305 billion), OKX ($7.177 billion), and Gate ($6.575 billion).

According to CoinDesk, XRP Ledger activated a security patch named fixCleanup3_4_0 yesterday (November 4, 22:52 UTC+8) to address a vulnerability where certain accounts authorized only to destroy tokens could also create new ones under specific conditions. The flaw affected the network's

According to Coherent's earnings call on Nov 4, the optical communications company signed a five-year PhotonLink supply agreement with a major unnamed AI customer valued at approximately $20 billion, with revenue expected to begin in early 2028. PhotonLink is Coherent's integrated optical platform combining lasers, fiber components, and optical elements to replace copper connections with optical links in AI data centers. To support the contract, Coherent has already doubled its indium phosphide

According to Gate data, South Korea's KOSPI index fell 5.41% today (November 5), with semiconductor manufacturer SK Hynix declining nearly 10%.

According to Financial Times, Microsoft declined to expand its data center compute rental contract with UK-based AI startup Nscale more than twofold, a setback for the company's $35 billion IPO targets. The facilities are located in Texas. Without expanding the agreement or finding new clients, Nsca

According to Yonhap Infomax, Ecopro reported Q3 results on November 5 showing significant deterioration: revenue fell 15.5% year-over-year to 810.7 billion Korean won, while operating profit collapsed 92.5% to 11.2 billion won. The company swung to a net loss of 135.1 billion won, compared to a prof

According to Yonhapinfomax, LG Chem reported on Nov 5 that its Q3 operating profit reached 561.2 billion won, exceeding analyst expectations by 22.2%. The company's battery subsidiary, LG Energy Solution, posted operating profit of 756 billion won, driven by expanded energy storage system

According to crypto analyst Adam, FOMO perpetual contracts reached $414.9 million in trading volume yesterday (November 5), setting a new all-time high. The perpetual trading business accounted for 43% of the platform's total daily

According to analyst Gary Black, Tesla stock declined overnight (November 5) amid concerns that a potential all-stock SpaceX merger could erode the deal's premium, citing prior acquisitions like Lumentum and Marvell that fell 27% and 31% respectively post-announcement. Despite the risks, Cathie

According to Guru Club, South Korea's Finance Ministry issued a statement on Thursday, November 5, pledging to prepare for potential escalation in financial market volatility. The ministry, led by Finance Minister Lee Hang-kul, will closely monitor changes in U.S. AI-related policies and

According to latest data, Meta raised approximately $25 billion across two days: $15 billion in U.S. dollar-denominated bonds on November 3 and €9 billion (about $10 billion) in euro-denominated bonds on November 4. The euro bond offering attracted orders totaling €53 billion, nearly 6 times the

According to DefiLlama data cited by Foresight News, Aero ranked second among Arbitrum DEX platforms in the past 24 hours with approximately $33.11 million in trading volume, trailing only Uniswap at roughly $221 million.

According to Foresight News, Paragon, a HIP-3 decentralized trading platform, has launched Power Perps on Hyperliquid with HYPE² as its first product. The offering provides option-like convexity payoffs without strike prices or expiration dates: if HYPE's price doubles, HYPE² will increase

According to Economic Daily, Lien Cheng (1313) reported Q3 2026 earnings on November 5, with third-quarter net income of 595 million yuan and EPS of 0.45 yuan. For the first nine months, the company posted net income of 1.01 billion yuan and EPS of 0.76 yuan, returning to profitability

According to Macquarie Futures research on Nov 5, China's electrolytic aluminum social inventory declined week-on-week, along with inventories at Shanghai Futures Exchange, bonded warehouses, and London Metal Exchange. Domestic production capacity utilization rose compared to the previous week,