Gate Crypto Flash News and Market Updates

According to Initia, attackers exploited a MoveVM script caching vulnerability on October 23 at 22:59 UTC+8 to bypass security checks and forge balances of WETH, iUSD, and USDC without actual collateral. Before the network halted, the attacker drained approximately $2.7 million, including 105 WETH via LayerZero, approximately 1.4 million AUSD0 through Noble and CCTP, and approximately 1.08 million USDC, which were then converted to 1,135.52 ETH now held at Ethereum address 0x358ef0130f7a5aa516dc

According to RBC, HTX has added Russia to its list of prohibited service jurisdictions on October 24, citing its updated user agreement. The restrictions apply to individuals residing in or located within Russia, as well as entities registered or primarily conducting business in the country. Under the policy, HTX may limit user access to services, suspend withdrawals, and close accounts. The platform reserves the right to modify the list of restricted jurisdictions at any time without prior noti

According to Beijing Property Rights Exchange, Zhou Hongyi plans to transfer a 12.89929% equity stake in Beijing Qifeixiangyi Business Consulting Company at a floor price of approximately 219 million yuan. The disclosure period runs from October 26 to November 20, 2026.

According to the London School of Hygiene and Tropical Medicine, a new study released on October 23 estimates that over 50,000 heat-related deaths may occur in European urban areas this summer (2026), with approximately two-thirds attributable to climate change. The research has been published in the journal Nature Health.

According to BlockBeats, on Oct 24, the SEC's tokenized securities trading venue innovation exemption, introduced in September, is triggering industry debate over blockchain qualification standards. The exemption allows qualifying firms to trade tokenized U.S. equities without registering as traditional securities exchanges, provided their smart contracts are auditable and deployed on public, permissionless blockchains. Three companies have submitted notices of intent to the SEC, with disagreeme

According to Axios on October 24, U.S. lawmakers from both parties, congressional staff, and Washington officials criticized AI executives for becoming a political burden and transmitting conflicting messages to the public. The officials expressed concern that AI leaders focus excessively on discussing existential risks while failing to highlight the technology's potential benefits and economic prosperity. Lawmakers noted that AI executives frequently oscillate between emphasizing breakthrough o

According to ChainCatcher, citing Arkham monitoring data, Polygon's multi-signature wallet (address 0xFA5) transferred 52.93 million POL tokens worth approximately $4.82 million to staking contracts on October 24.

According to SKKMikas, Indonesia's upstream oil and gas regulator, the country reduced piped natural gas exports to Singapore by 3,100 million standard cubic feet daily as of Saturday, October 24. The reduction, equivalent to approximately 9% of current export volumes, will be redirected to support Indonesia's domestic power sector.

According to Bloomberg, Nvidia and TCV joined a Series B extension financing for Higgsfield, an AI video startup based in San Francisco, during Nvidia CEO Jensen Huang's visit to Kazakhstan. The extension size and valuation were not disclosed. In August, Higgsfield announced a US$400 million Series B at a US$5.4 billion valuation with annualized revenue of US$700 million. The company has over 40 million registered users and offers AI video generation and product animation tools.

According to Odaily, Swell halted deposits and withdrawals for its liquid staking token swETH and restaking token rswETH on October 23 at 2:39 AM ET, pending recovery of net asset value (NAV) to correct levels. On-chain data showed swETH trading at 1.203 ETH and rswETH at 1.138 ETH, versus the normal rates of 1.133 ETH and 1.082 ETH identified by Spreek, representing spikes of approximately 6% and 5% respectively. On October 21 at 21:28, the admin keys for both tokens were potentially compromise

According to the Korea Financial Investment Association, as of October 22, retail investor deposits at brokerage firms fell to 88.68 trillion won, down 36.5% from a record 139.69 trillion won on June 4, marking a 9-month low after dropping below 90 trillion won on October 21 for the first time. While individual investors continued net buying of 44.17 trillion won on KOSPI and 3.15 trillion won on KOSDAQ through October 23, capital inflows have slowed relative to spending, with deposit replenishm

On October 24, the China National Vulnerability Database (CNVD) released a security advisory on PHP remote code execution vulnerability. The advisory recommends affected users download and install the latest version through official channels. Users unable to update immediately should implement mitigation measures, including network isolation, access restrictions, and non-critical system shutdown, while monitoring for suspicious process behavior, unexpected system commands, and unauthorized file

According to CNBC, TikTok's US operating entity (USDS Joint Venture) is seeking multiple gigawatts of computing capacity over the coming years, targeting 4 gigawatts by the early 2030s, according to two people familiar with the discussions. The company runs mainly on Oracle Cloud Infrastructure and Oracle will remain its primary cloud provider.

According to Guru Club, Singapore's benchmark stock index fell 1.2% to close at 5,076.81 points on June 4.

According to Odaily, a trader closed a $6.34 million SOL long position and opened a $10 million SOL short position today. The account, which has accumulated approximately $22.65 million in total profits, now holds 98,219.31 SOL tokens. The address involved is 0x469e9a7f624b04c24f0e64edf8d8a277e6bf58a5.