Gate Crypto Flash News and Market Updates

According to Capital Economics on October 27, global inflation has risen from 2.6% in January to 3.6% in August, with further deterioration expected. The firm attributes the trend primarily to elevated energy prices, projecting Brent crude to remain around $100 per barrel through early 2027, which will push fuel inflation higher. Rising natural gas prices are also expected to increase household energy inflation across developed economies. Capital Economics forecasts global inflation could exceed

According to the Hu Run Research Institute report covered by ChainCatcher, ByteDance founder Zhang Yiming topped China's richest list this year with a fortune of 670 billion yuan, breaking the record for the wealthiest individual. Nongfu Spring founder Zhong Shanshan's wealth shrank by 120 billion y

According to Odaily Daily, DeFi researcher Ignas highlighted that only three token categories have outperformed Bitcoin year-to-date in 2026: trading, AI, and privacy tokens.
Trading tokens led gains with DRV up 665%, HYPE up 200%, PUMP up 121%, and RAY up 106%. AI tokens saw VVV surge 1,431%,

According to China National Petroleum Corporation and monitored by Longzhong Information, the company's ethylene output surged 26.4% year-over-year through the third quarter of 2026, reaching a record for the same period. Total ethylene production capacity has exceeded 12 million tons annually,

According to Seoul Southern District Court on October 27, the first hearing in a case involving manipulation of 11 virtual assets using automated order programs (APIs) has been postponed to November 17. The defendant, identified as A, is accused of violating the Virtual Asset User Protection Act

Ripple's Chief Executive Officer Brad Garlinghouse announced that the U.S. Office of the Comptroller of the Currency (OCC) has granted final approval to Ripple National Trust Bank. The approval provides Ripple with a federally regulated platform to support RLUSD and offer digital asset custody

According to TradingBeats, on Oct 27, SOXL contracts on Hyperliquid surged 11.1% in 24 hours to $91.877, with trading volume reaching approximately $105 million. Despite the price rally, on-chain positioning declined sharply: open interest fell from $39.27 million to $28.15 million (a 28.29%

According to ChainCatcher citing Qichacha data, the National Data Group Limited has completed business registration with registered capital of 30 billion yuan. State-owned Assets Supervision and Administration Commission contributed 6 billion yuan for a 20% stake; China Mobile, China Telecom, and Ch

According to ChainCatcher, a Poloniex address marked by Arkham as linked to Sun Yuchen withdrew 46.5 billion PEPE (approximately $20.32 million) 10 hours ago. The address now holds a cumulative 118 billion PEPE with an average entry price of $0.000004114, generating unrealized gains of $2.085 millio

According to investment banking sources, Samsung Life Insurance issued $1.5 billion in subordinated bonds on October 27, with a coupon rate of 6.875% and a 5-year call option. The debt has a 30-year maturity and was oversubscribed with $2.6 billion in orders from over 170 global institutional invest

According to Korean Credit Rating Co., Woori Investment & Securities upgraded its outlook on October 26 from stable to positive, signaling a potential path to AA- credit rating. The move follows a prior rating upgrade by Korean Enterprise Evaluation in June. The company's equity capital expanded to

According to Lookonchain, two whale addresses inactive for 3 years recently deposited 2,571 BTC (worth $206.52 million) to Coinbase Prime.

According to Foresight News, Cronos Network launched an updated version of Cronos Launch, enabling users to view all tokens through a single real-time market terminal. The platform now provides real-time tracking of token graduation progress to VVS and features an improved trading chart

According to Foresight News, Chainlink has launched CustodySync, a solution that enables qualified custodians to provide institutional clients access to DeFi lending markets while keeping assets within custody systems. The solution uses Chainlink Proof of Reserve to publish verifiable custody

According to Foresight News, Osmosis community approved ending OSMO token inflation through a proposal vote with 91.07% support today (October 27). The proposal will halt new OSMO issuance from the minting module, terminate staking rewards derived from token issuance and community pool

According to ChainCatcher and on-chain analyst Yu Jin, a hacker who stole approximately $40 million from UXLINK last year has opened a long position of 30,300 ETH on Hyperliquid at $2,134 per coin, worth $70.25 million with an unrealized gain of $5.62 million. The funding source address linked to the long position shares direct transaction history with a known UXLINK hacker address—both consolidated remaining ETH gas fees to the same wallet one month ago. Since early August, the hacker accumulat

According to TechCrunch Disrupt, OpenAI released dots, its always-on AI personal assistant, at its developer day in late September. The tool is available in ChatGPT desktop and mobile apps to Pro tier subscribers and higher, with plans starting at $100 per month. Once connected to a user's calendar, email, computer, and other tools, the agent works proactively in the background to help complete work tasks. Alexander Embiricos, who leads OpenAI's enterprise product team, explained that the produc

According to Morgan Stanley, gold's hedging properties are undergoing structural change as of October 27. The bank reported that since 2020, gold has failed to effectively hedge against equity market declines and may amplify portfolio losses during extreme stock sell-offs. However, gold is

According to Scam Sniffer, a user recently lost approximately $1.58 million across Ethereum and Base chains due to suspected private key compromise.

According to Shanghai Steel United, MMLC battery-grade lithium carbonate closed at 100,750 yuan per ton in early session trading today, up 1,750 yuan from the previous day's 16:30 close.