Gate Crypto Flash News and Market Updates

According to TechCrunch, Otter.ai raised $320 million from General Catalyst's Customer Value Fund on October 20. The fund provides non-dilutive capital, with returns tied to marketing spend results. Otter said it will use the funding to grow its enterprise business, refine market strategy, expand internationally, and develop its product. The company surpassed 40 million users to date, up from 25 million last year.

According to Sifted, Dutch startup Photon Bridge completed a €10 million seed round to develop laser technology for connecting AI chips within data center infrastructure. The company aims to enhance chip-to-chip interconnection performance using scalable laser manufacturing to meet growing AI infrastructure demands.

Norwegian oil and gas company raised its full-year production cost guidance to approximately $11 per barrel of oil equivalent, up from the previous estimate of $10 per barrel.

Serabi Gold reported quarterly gold production of 11,008 ounces in Q3 2026. The company expects its full-year 2026 gold output to remain in line with 2025 production levels.

According to China's Ministry of Finance website, APEC member economies' finance ministers released the Digital Infrastructure Financing Policy Statement for Asia-Pacific today (October 21) in Hong Kong. The statement encourages public sectors to use project preparation tools, first-loss guarantees, and risk-sharing arrangements to leverage commercial financing; private sectors to adopt lease financing and asset securitization; and attracts capital from pension funds, insurance companies, and so

On October 21, South Korea's ruling Democratic People Power Party announced it would attempt negotiations with the opposition Democratic Party regarding virtual asset taxation. Park Soo-young, vice chairman of the party's policy committee, stated that the party would try inter-party discussions on the issue, though the outcome remains uncertain as the Democratic Party has not yet formed a unified position. Park called for a tax deferral of at least two years, citing unpreparedness in taxation st

According to Odaily, an Arthur Hayes-linked wallet received 1.23 million LMST this week and used proceeds to purchase AERO, PENDLE, and ZAMA through over-the-counter transactions. The wallet currently holds over $14 million in crypto assets, with major positions including $5.63 million in ENA, $3.15 million in weETH, $2.44 million in UNI, and $1.32 million in ETHFI.

According to Odaily, Solana will launch its Alpenglow upgrade on Wednesday, marking the network's largest update since 2020. The upgrade aims to achieve confirmation times of approximately 150 milliseconds through a replacement of the voting system.

According to Jin10, former EU agriculture commissioner Phil Hogan said today (October 21) he would seek contact with U.S. President Trump to restore the Black Sea grain export corridor disrupted by Russian attacks on Ukrainian ports. Hogan, now a candidate for UN food agency chief, stated he would aim to involve Trump and other world leaders in efforts to reopen the route. Under the prior Black Sea Grain Initiative framework, the corridor facilitated exports of 32 million tons of grain and food

According to Visa, on October 20, the payments company launched a pilot with San Jose-based financial software firm Bill and B2B accounts receivable provider Billtrust to enable AI agents to complete approved invoice payments between buyer and supplier platforms. The pilot uses Visa authentication tools and tokenized credentials, allowing approved AI agents to process payments without shared portal logins. The companies said the pilot was already processing transactions for participating BILL bu

According to South Korea's National Assembly Finance Committee on October 21, the government will proceed with digital asset taxation starting January 1, 2027, applying a 20% tax rate on digital asset income classified as miscellaneous income after a basic deduction of 2.5 million Korean won. The committee clarified that the tax framework intentionally excludes loss carryover provisions—a feature available under the now-abolished financial investment income tax—because allowing such provisions f

According to BlockBeats and TradingBeats monitoring, two large NVDA account holders significantly reduced positions today ahead of CEO Jensen Huang's GTC Berlin keynote scheduled for later today (Beijing time 5:00–7:00 PM). Account 0x4e232 closed a $12.61 million short position and holds only $359,000 in longs, while account 0x8eff sold off $6.36 million in long bets (81% reduction), retaining $1.49 million. NVDA futures were trading around $220.75, up 1.71% in 24 hours, with open interest value

According to Yonhap Infomax, South Korea's Ministry of Strategy and Finance has restricted offshore financial institutions from serving as lead underwriters for Korean-issued USD and EUR bonds, effective September. The measure aims to ensure fair competition with domestic securities firms licensed in Korea. Market participants reported the policy delayed some bond issuances; Lotte Rental postponed its roadshow last month due to the new restrictions and has not returned to the dollar bond market

According to Klaviyo, on October 20, 81% of surveyed Singaporean consumers planned to use AI to find gifts, the highest share among eight markets surveyed by the marketing software company. Among AI-assisted shoppers in Singapore, 31% planned to spend more than last year, compared with just 10% of non-users. The findings were announced during Klaviyo's K:SGP event in Singapore, held shortly after the US-based company opened its Asia headquarters there in August.

According to Guru Club, on October 21, nickel prices at the London Metal Exchange rose 2%, approaching $16,000 per ton for the fourth consecutive trading day, extending gains from a nine-month low touched last Thursday. Multiple leading Chinese nickel producers are planning to meet this week to discuss reducing production at their Indonesian operations, including battery material production facilities. "The market is focused on the scale of production cuts," said Gao Yin, analyst at Shuohe Asset

According to Bloomberg, DayOne Data Centers is considering delaying or shrinking its planned US IPO as market volatility impacts the data center sector. The Singapore-based operator could now target raising $2.5 billion to $3 billion, down from an earlier goal of up to $5 billion. DayOne filed for the US IPO on October 5. The possible delay follows similar moves by competitors: Australian data center company Firmus Grid withdrew its IPO, and Blackstone-backed AirTrunk postponed a planned Singapo

According to CoinDesk, eight private keys from Indian digital certificate authority eMudhra were compromised on October 17 due to insufficient cryptographic strength. Researchers discovered that eMudhra used simple integers—such as 4, 56, and 237—instead of high-strength random numbers, allowing all eight private keys to be recovered in under one second. Attackers could exploit these keys to forge digital certificates, impersonate trusted websites, and intercept or modify user communications. Mo

According to Foresight News, Collector Crypt, a Solana-based trading card platform, hit $24.3M in 24-hour trading volume on October 21, setting a single-day record. During the period, users opened 123,425 card packs. On October 19, Pump.fun integrated Collector Crypt's gacha packs and trading market, allowing users to purchase randomized packs containing rated and tokenized Pokémon, One Piece, and sports trading cards. According to Crypto Briefing, Pump.fun users accounted for approximately 20%

According to China Classification Society, on October 21, the society released a white paper on onboard carbon capture systems (OCCS) at the 2026 Bund International Shipping Forum. The paper outlines seven technical pathways including chemical absorption and mineralization, specifies engineering application scenarios, and proposes a full-chain regulatory framework to support global shipping industry adoption of OCCS technology.