Gate Crypto Flash News and Market Updates

According to Loopscale, the platform has restored partial lending functions, including priority loan top-ups and repayments for all loans except those funded by the USDC Genesis Vault. The team identified and contained two attack vectors in the recent incident. The first attack exploited an asset pricing misconfiguration in the SOL Genesis Vault, causing collateral to be incorrectly valued as another asset, resulting in $412,000 in undercollateralized loans. The attacker then used atomic transac

Oil prices gained on Friday as attacks on tankers in the Strait of Hormuz renewed supply concerns, according to the UK Maritime Trade Operations (UKMTO) and Iranian statements. Brent crude futures rose 1.57 dollars, or 1.6%, to 99.86 dollars per barrel, while West Texas Intermediate crude climbed 1.10 dollars, or 1.22%, to 91.62 dollars per barrel—both marking their second consecutive day of gains. Iran reported four additional tanker attacks in the strait on Thursday. Despite the near-term reco

According to ChainCatcher, Hong Kong Exchanges and Clearing (HKEX) released its nine-month earnings report for the period ending September 30, 2026, disclosing a record quarterly high of 25 new exchange-traded products, including a first-of-its-kind multi-asset active ETF investing in gold futures and physical bitcoin. However, HKEX's overall net profit declined 1% year-over-year to HK$4.9 billion, falling short of analyst expectations of HK$5.03 billion and reversing a streak of consecutive qua

Samsung Wallet will integrate Sui's USDC in November, allowing Galaxy users to transfer the stablecoin without additional wallet installations or SUI holdings. The integration leverages Sui's gas-free stablecoin transfer

According to China's Cyberspace Administration (CAC), on November 6 the authority intensified enforcement against AI-generated deepfakes of public figures used for fraudulent livestreaming, follower farming, and spreading misinformation. The coordinated crackdown resulted in the removal of more

According to Odaily, Galaxy CEO Mike Novogratz announced today that the company will increase its holdings in GLXY stock, noting that current share prices do not reflect the company's actual value. Novogratz said financial activities are gradually migrating onchain while AI demand is growing

According to Odaily, NFTX NFT trading platform has officially launched on AnubisChain, enhancing the network's NFT infrastructure. The integration provides expanded services for issuing, displaying, and trading on-chain assets, supporting creators, collectors, and digital asset participants with an

According to PPP Market Monitor, the Polymarket prediction market for 'Ethereum reaches $2,200 in November' surged to 91% probability, up 45% in the past 24 hours. The market uses Binance's ETH/USDT 1-minute candle high price as settlement reference, with the contract resolving 'Yes' if ETH

According to COINOTAG, crypto analyst Ben Cowen warned today (November 6) that Bitcoin could fall to approximately $58,000 if the Nasdaq Composite retreats to its summer lows. The $58,000 level aligns with Bitcoin's June 2026 low—the weakest point of the year. Cowen's warning comes as the Nasdaq

Taiwan's stock market plummeted 3,737.67 points today (November 6) following sharp declines in U.S. equities and South Korea's stock market circuit breaker, with semiconductor giant Taiwan Semiconductor Manufacturing Company (TSMC) opening at its daily limit-down price of 2,020 TWD. President Lai

According to a report from China Times on November 6, semiconductor testing interface solution provider Innotronix (6515) reported Q3 consolidated revenue of 45.56 billion TWD, up 152.58% year-over-year, with after-tax net income of 10.33 billion TWD, up 178.08% year-over-year. The company's first n

According to Immutable's announcement on November 6, Immutable Chain will upgrade from its custom geth fork to an OP Stack-based chain in 2027. The upgrade will improve transaction speed and strengthen the chain's connection to Ethereum's security. All accounts, balances, and smart contracts will automatically migrate, with most users requiring no action.

According to JupiterExchange's official announcement, the platform launched its Jupiter Bridge Aggregator in beta, enabling users to bridge assets to and from Solana. The initiative includes a $15,000 Gacha pack contest designed to incentivize user testing and participation in the cross-chain

According to Onchain Lens, a whale withdrew 643 BTC (approximately $48.58 million) from Binance minutes ago, marking its first withdrawal in over a year. Over the past 24 hours, the whale has withdrawn a total of 1,286 BTC, valued at approximately $98.11 million.

According to ChainCatcher citing RootData data, Ethereum spot ETFs recorded total net outflows of $99.9 million on November 5 (U.S. Eastern Time). BlackRock's ETHA led outflows with $75.2 million, bringing its historical cumulative net inflows to $1.1632 billion. BlackRock's ETHB saw net outflows of

According to Token Terminal data, TRON processed 1.08 billion transactions in Q3 2026, representing a 31.19% year-over-year increase. The network averaged 135.76 transactions per second during the quarter.

According to Yonhap Infomax, Kumho Petrochemical reported an operating loss of 20.8 billion won for the third quarter of 2026, returning to losses year-over-year. Revenue increased 16.89% to 1.92 trillion won, while the company recorded a net loss of 22 billion won.
The operating loss

According to the Financial Times, vessels linked to Iran have been detected hovering above undersea cables, following Tehran's prior statements indicating potential strikes against digital infrastructure. The activity underscores escalating concerns about threats to critical international