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.
Today
05:17
0

Wheat Futures Fall for Eight Straight Weeks, Longest Streak Since 1997

According to Jin10, wheat futures experienced their longest consecutive weekly decline in nearly three decades as of October 23, marking the first time since 1997 such a prolonged downturn has occurred. After surging to 2023 highs in September amid Black Sea shipping disruptions, wheat prices reversed sharply as geopolitical risk premiums eased with peace talks between Russia and Ukraine. Simultaneously, global import demand weakened; the U.S. Department of Agriculture reported that soybean, cor
More
05:17
0

ChiNext Index Surges Over 1% in Afternoon Trading on October 23

According to Jin10, China's ChiNext index surged more than 1% in afternoon trading on October 23. The Shenzhen Component Index gained 0.26%, while the Shanghai Composite's losses narrowed to 0.48%. More than 1,200 stocks advanced across the broader market.
05:16
0

Forma Mainnet to Halt Around November 5, Remaining TIA Migrating to Eden

According to Forma's official X account, the Forma mainnet will halt at block height 34,567,890, expected around November 5. Users have approximately two weeks to withdraw funds from the chain. After the halt, the team will snapshot the on-chain state and migrate remaining TIA to Eden. Both chains are EVM-compatible, allowing users to use the same wallet address to withdraw funds from Eden after migration. Modularium will migrate to Ethereum with all associated NFT assets; holders must manually
More
05:15
0

France Deploys Troops on Saturday as Police Forces Increase 20% to Curb Protests

According to Jin10 Data, France will deploy troops on Saturday as police forces increase by 20% to respond to planned mass protests over living costs. The government is mobilizing military support to prevent a repeat of last weekend's unrest. Previous demonstrations turned violent, resulting in the looting of 3,000 stores and the arrest of 2,700 people.
05:14
0

Meta Launches $40B Equity Financing Round; Berkshire Hathaway a Potential Buyer

According to Barron's, Meta announced on Thursday (October 22) plans to launch equity financing of at least $40 billion within weeks to fund massive AI infrastructure investments. Berkshire Hathaway, which holds over $350 billion in cash, is a potential investor, though no formal talks or confirmed participation have been disclosed. Meta cited rising capital expenditure—estimated at $140 billion this year—and increased debt burden, with 30-year bond yields exceeding 7%.
05:09
0

Toto Finance Seeks 22M ADA From Cardano Treasury for Tokenized Copper Reserve, Voting Deadline Nov 15

According to ChainCatcher, Toto Finance submitted a governance proposal to the Cardano community on Oct 23, seeking 22 million ADA (approximately 5 million USD) from the Cardano Treasury. Voting closes on Nov 15. The proposal aims to establish a "Cardano Strategic Copper Reserve" through purchasing and tokenizing COMEX-compliant copper. The token, CuTT, represents verified physical copper per pound. Approximately two-thirds of the budget will fund exchange-grade copper purchases at COMEX-certifi
More
05:07
0

Microsoft AI Twice as Accurate as Doctors in 300 Complex Cases, Study Reports on October 22

According to Science and Reuters, Microsoft researchers reported on October 22 that an AI system diagnosing step-by-step was more than twice as accurate as general physicians in solving over 300 complex medical cases. The system uses an orchestrator to decide which patient-history questions to ask, which exams and tests to order, and how to update diagnostic hypotheses, differing from typical AI systems that analyze all available data at once. Microsoft plans to test the tool's triaging capabili
More
05:05
0

Binance Distributes Cash Dividends to ASMLB and NOKB Tokenized Securities Holders

According to Binance's announcement on October 23, the exchange will distribute cash dividends to holders of tokenized securities ASMLB (ASML Holding) and NOKB (Nokia) through its bStocks platform. After deducting applicable withholding taxes, fees, and other costs, the net dividend will be reinvested to purchase additional shares or fractional shares of the corresponding securities. Eligible users will receive the additional holdings in ASMLB or NOKB token form. The eligibility snapshot is set
More
05:02
0

Bernstein: Lam Research Q1 Revenue Hits $8.222B; 2027 WFE Guidance at Least $200B

According to Bernstein, Lam Research's first-quarter revenue reached $8.222 billion, with gross margin hitting a 20-year high. The firm guided for 2027 wafer fabrication equipment (WFE) spending of at least $200 billion, citing cleanroom constraints limiting expectations above that level. Bernstein maintained its outperform rating while cutting the target price to $350 from $385.
05:01
0

AI Fund Situational Awareness Liquidated 67% in July, Faces Call Risk on Options After September Rebuild

Situational Awareness, a hedge fund managed by 25-year-old Leopold Aschenbrenner, was forcibly liquidated in late July following a 20% technical decline in AI semiconductor stocks amid 4x leverage, with the fund's net value plummeting 67%, according to 13F filings and market reports. Morgan Chase and other major brokers issued margin calls and tightened credit lines; core positions including SanDisk (valued at $5.7 billion) and Micron ($5.6 billion) were sold at steep discounts to Citadel. After
More
05:01
0

Bitcoin Core Adjusts Vulnerability Disclosure Policy, AI-Discoverable Bugs to Be Fixed Across All Maintained Versions

According to Odaily and Cointelegraph, Bitcoin Core has adjusted its vulnerability disclosure policy to expedite fixes for vulnerabilities easily discoverable through simple large language model prompts. Low-risk vulnerabilities will be disclosed two weeks after patches are released in major versions, while medium and high-risk flaws will be disclosed two weeks after affected versions reach end-of-life, typically around one year after fixes enter new releases. Critical vulnerabilities will follo
More
04:53
0

U.S. Prepares for Long-Term Iran Standoff; Official Warns One-Year Deadlock Possible

According to the Financial Times on October 23, the U.S. is preparing for a prolonged conflict with Iran despite the Trump administration's hope that bombing operations and economic sanctions will force Tehran to make major concessions. Marco Rubio's appointee as U.S. Permanent Representative to the United Nations acknowledged that within one year, the U.S. could remain in stalemate with Iran—neither achieving a nuclear deal nor restoring pre-conflict shipping through the Strait of Hormuz. He st
More