Gate Crypto Flash News and Market Updates

According to BlockBeats, citing BIT market data, U.S. AI-related stocks trimmed some of yesterday's gains in premarket trading on October 20. Optical module stocks declined, with AAOI falling 3.66%, COHR down 2.22%, LITE down 2.09%, MRVL down 2.04%, and NOK down 1.21%. Storage stocks also retreated, including SKHY down 3.95%, MU down 2.18%, SNDK down 2.13%, WDC down 2.06%, and STX down 0.76%.

According to the London Metal Exchange on October 20, tin inventory decreased by 25 tonnes, lead inventory fell 3,925 tonnes, and aluminum inventory declined 150 tonnes. Meanwhile, nickel inventory rose 756 tonnes, copper inventory increased 1,625 tonnes, and zinc inventory climbed 3,275 tonnes.

STORJ's price surged 23.94% within five minutes, reaching $0.0298 from a previous level of $0.02404478, according to current market data. Trading volume spiked to $894,109.3 amid heightened community engagement on social media. Despite a 24-hour decline of 7.17%, the sharp five-minute rally highlights significant volatility in the token.

According to Cardano Foundation, more than 30 wineries in Georgia are using the Cardano blockchain to authenticate wine and combat counterfeiting, with over 100,000 bottles now recorded on-chain as of October 19, 2026. The system allows consumers and businesses to verify a bottle's origin by scanning a QR code linked to immutable digital records. Launched in 2022 in collaboration with Georgia's National Wine Agency, the initiative's latest development is the release of an open-source tool design

Maker (MKR) skyrocketed 10.99% in just five minutes, reaching $1,813.7 from $1,634.18. The token is currently up 0.76% over the past 24 hours, with trading volume of approximately $440,708.84, indicating strong market engagement.

According to cybersecurity firm NorForge, a Chinese-speaking hacker used autonomous AI agents to compromise websites belonging to over 100 companies in late September, spending as little as US$5,000 in AI processing costs. The campaign involved more than 1,200 intrusion attempts, with approximately 10% achieving their objectives in an average of 23 hours each. Australian businesses were among the targets, with one e-commerce website successfully compromised, allowing the AI agent to execute serv

According to Odaily, a contract account with cumulative profits exceeding $135 million added approximately $3.52 million in BTC short positions between 15:12 and 15:34 UTC on October 20. As of 15:56, the short position value increased from approximately $194.2 million to $197.2 million. The address is 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.

According to Odaily monitoring, on Oct 20, a contract address with cumulative gains exceeding $29.29 million reduced approximately $3.17 million in ZEC short positions, closing $3.41 million worth at a profit of $73,300 and reallocating $250,000 into new shorts. The address currently holds $1.42 million in ZEC shorts. During the same period, the address closed approximately $1.27 million in SP500 longs at a loss of $597, then opened $6.59 million in new positions, raising total SP500 long holdin

According to Odaily, Cysic released a service status update today stating that its mainnet operations remain unaffected, though its Cosmos browser is temporarily unavailable and undergoing restoration. Following a recent security incident, the cross-chain bridge remains paused. Funds related to pending cross-chain transactions are safely held in the bridge contract and will be processed once the bridge resumes operations.

According to Revolut's official statement on X today (October 20), the fintech platform experienced service outages affecting multiple services. The company confirmed that all customer funds and data remain secure. Revolut stated that its team has been working on repairs since discovering the issue this morning.

According to ChainCatcher, Lido engineer Dmitry Gusakov warned at developer conference ACDC #189 that Glamsterdam upgrade's one-time builder onboarding mechanism could compromise deposit security for shared validator public keys. The issue arises because Glamsterdam's special builder access logic may reinterpret pending deposits during fork transitions, potentially causing staked ETH to be credited to builders instead of validators. Lido proposed preserving distinctions between validator and bui

According to ChainCatcher and DefiLlama data, Gate saw net inflows of approximately $147 million over the past 7 days, ranking third globally among centralized exchanges.

According to Norwegian government statement, President Volodymyr Zelenskyy will travel to Oslo on Tuesday for peace negotiations. U.S. Special Envoy Steve Wittkoff will attend the meeting in person, joined by Norwegian Prime Minister Jonas Gahr Stoere and Finnish President Alexander Stubb. U.S. Special Envoy Jared Kushner will participate online.

According to Ukraine's Defense Ministry, the country's defense forces have recorded over 3 million strike missions in the DELTA task control module since March.

According to China Daily, BlackRock senior managing director Mike Pyle said on October 19 that China's artificial intelligence industry has a more balanced structural layout compared to other markets. Pyle noted that this balance spans frontier AI models, open-source capabilities, application-layer development, and infrastructure areas such as power supply.

According to the World Gold Council's latest report released today (October 20), the digital gold market has reached $45-55 billion. The report forecasts the market will grow at an annual average rate of approximately 27%, reaching $1.6-1.7 trillion by 2031. Tokenized gold spot trading reached $90 billion in the first quarter of 2026 alone, surpassing the total trading volume for the entire year 2025, according to the report.

According to Reuters citing Bloomberg, Eric Schmidt, former CEO of Google, holds approximately 1% of Anthropic and could see his personal wealth increase significantly following the AI startup's upcoming initial public offering. Based on Anthropic's recent funding round valuation, if the company reaches a $2 trillion valuation at IPO, Schmidt's stake could push his net worth to nearly $80 billion, a gain of about one-third from his current $57.5 billion. Schmidt invested tens of millions in Anth

NKN jumped 21.97% within just five minutes today, reaching $0.0073 as trading volume surged. The rapid price movement reflects heightened trader interest in the token. Over the past 24 hours, NKN has gained 2.82%, with trading volume climbing to $181,523.24, indicating sustained momentum across the day. The intraday range extended from $0.005911 to $0.0073.

Polygon launched CDK Besu on October 19, a solution enabling banks and financial institutions to connect private blockchains to other networks through its Agglayer interoperability platform. The system combines Hyperledger Besu with zero-knowledge cryptographic proofs to facilitate cross-chain asset transfers while maintaining transaction privacy off the Ethereum blockchain. CDK Besu is production-ready on Ethereum mainnet and allows institutions operating existing Besu networks to connect witho

TON surged 18.52% to a current price of $1.6 in just 5 minutes, reflecting heightened market volatility. Over the past 24 hours, trading volume reached approximately $7.7 million, with the cryptocurrency climbing from $1.35 to $1.6. The 24-hour price range saw a high of $1.6 and a low of $1.34, with the asset up 0.95% over the day.