Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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Swell Halts swETH and rswETH Deposits and Withdrawals as NAV Spike 6% and 5% on October 23

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
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ETH-1.73%
08:57
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South Korea's Retail Investor Deposits Hit 9-Month Low, Down 36.5% From June Peak to 88.68 Trillion Won

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
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08:53
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CNVD Releases PHP Remote Code Execution Vulnerability Advisory on October 24

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
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08:49
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TikTok's US Unit Seeks 4 Gigawatts of Computing Power by Early 2030s

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.
08:27
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Netanyahu Authorizes Support for Argentina's Falkland Islands Sovereignty Claims on October 24

According to the Daily Telegraph, Israeli Prime Minister Benjamin Netanyahu on October 24 authorized a shift in Israel's stance to support Argentina's sovereignty claims over the Falkland Islands. Netanyahu instructed Israeli diplomats to adjust the country's official position, calling for direct negotiations regarding the islands' future and recognizing Argentina's historical connection to the territory. The policy shift comes amid Netanyahu's close relationship with Argentine President Javier
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08:13
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Moonshot AI Launches Kimi K3.1 Pro with 3 Trillion Parameters and 1 Million-Token Context Window

According to Moonshot AI, on October 24, the China-based company launched Kimi K3.1 Pro, an open-weight model with 3 trillion parameters and a 1 million-token context window, alongside Kimi K3.1 Pro Highspeed. Both models are now available on Kimi.ai and the company plans to release full model weights by November 4. On Terminal-Bench 4.0, K3.1 Pro scored 65.7%, compared with GPT-6 Astra's 58.2% and close to Claude Opus 5.5's 66.4%. Highspeed delivers 2x to 3x faster speed than K3.1 Pro.
08:07
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Anthropic Plans $2 Trillion IPO in Mid-November Amid AI Stock Selloff, Timeline Tight

According to Reuters, Anthropic plans to complete its initial public offering in mid-November at a $2 trillion valuation, potentially surpassing SpaceX's $1.77 trillion IPO earlier this year. However, the timing faces pressure as recent AI sector declines and Securities and Exchange Commission filing requirements compress the schedule. The company must file its S-1 prospectus at least 15 days before starting its roadshow, meaning it needs to submit documents by the end of next week to meet the o
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