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
22:41
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Kangfang Biotech to Place 20M Shares at HK$97.76 Each, Raising Net HK$1.94B on Oct 14

According to Smart Finance, Kangfang Biotech (09926) announced on October 13 that it will place 20 million shares at HK$97.76 per share on October 14, representing a 6.9% discount to the closing price of HK$105.00. The placement is expected to raise gross proceeds of approximately HK$1.955 billion, with net proceeds of around HK$1.941 billion after deducting commissions and fees. The net proceeds will be allocated primarily toward global and China innovation R&D pipelines and platform developmen
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22:35
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Shaoxi Lake Cultural Tourism (06157) Launches IPO with 44.76M H-Shares at HK$3.92-5.07 Per Share, Oct. 14-20

According to Zhitong Finance, Shaoxi Lake Cultural Tourism (06157) will conduct its initial public offering from October 14-20, 2026, offering 44.76 million H-shares globally at HK$3.92-5.07 per share. The company expects to begin trading on the Hong Kong Stock Exchange on October 23, 2026. Hong Kong subscriptions account for 10% of the offering, with international sales comprising 90%. Based on an assumed offer price of HK$4.50 per share, the company will raise approximately HK$157.4 million in
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22:33
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Nvidia Releases DLSS 5 New Model, 10x Performance Boost Since March

According to Guru Club, on October 14, Nvidia announced a new neural rendering model for DLSS 5 that runs 2x faster than the September version while cutting GPU memory overhead in half and reducing 4K VRAM usage by 20%. Compared to the model first introduced in March, performance has increased 10-fold. NBA 2K27 will integrate the new model starting October 16, followed by Hogwarts Legacy and Everwinter in November.
22:30
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Korea's KSD Plans Multi-Chain Securities Tokenization Platform Completion in February 2027

According to Avalanche, on October 13, South Korea's Korea Securities Depository (KSD) is building infrastructure based on Avalanche to support the Korean securities tokenization market. Avalanche has been designated alongside Hyperledger Besu and Hyperledger Fabric as one of multiple supported ledger technologies in KSD's technical framework. The project, led by Samsung SDS, has advanced from testing phase to production platform development and is scheduled for completion in February 2027, at w
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AVAX-0.69%
22:29
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Saudi-Led Coalition Intercepts 6 Missiles and 3 Drones Overnight on October 13

According to Saudi-led coalition spokesman Turki al-Malik, the coalition intercepted and destroyed 6 missiles and 3 drones fired at Saudi Arabia on October 13 evening. Houthi forces from Yemen launched ballistic missiles at the eastern cities of Harad and Dhahran, both intercepted by the coalition. Additionally, the coalition intercepted 4 cruise missiles and 3 unmanned aircraft in Riyadh Province and southern Saudi Arabia. Saudi civil defense reported that missile debris caused casualties and b
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22:27
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Ledger Halts Sales, Orders Retailer Delisting in Southeast Asia and Hong Kong

According to Ledger's statement on X on October 14, the hardware wallet maker has suspended sales and ordered retailers and distributors in Southeast Asia and Hong Kong to delist its devices during an ongoing investigation. The directive affects Indonesia, Singapore, Thailand, Philippines, Vietnam, Malaysia, and Hong Kong. Ledger confirmed that verified cases of compromised devices remain limited to Southeast Asia only, with no confirmed theft reports involving devices purchased elsewhere. The c
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22:24
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David Rosenberg Warns U.S. Stocks Resemble Bubble, Valuation Extreme in 40-Year Career

According to Rosenberg Research & Associates founder David Rosenberg, U.S. stocks increasingly resemble a bubble, with valuation, leverage, and investor positioning at extreme levels unseen in his 40-year career as of October 14. Rosenberg noted the current bull market's dependency on artificial intelligence progress far exceeds the tech sector reliance seen before the dot-com bubble. He highlighted weakening economic fundamentals as another concern, with consumers increasingly reliant on furthe
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22:21
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Non-US Entities Issue 89% of $3.8B Tokenized Stock Market, Data Shows

According to Token Terminal's recent analysis, non-US entities have issued 89% of the $3.8 billion tokenized stock market. The data reveals that despite this global distribution, 94% of the market provides exposure to US-listed stocks and ETFs, reflecting significant cross-border investment interest in American equities through tokenized vehicles.
22:20
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Hang Seng ADR Falls to 24,341.22 Points on October 14, Down 0.02%

According to Zhitong Finance, on Tuesday (October 14), Hang Seng ADR fell to 24,341.22 points, down 0.02% from Hong Kong close. Large-cap blue-chip stocks declined broadly, with HSBC falling 1.21% to 148.878 Hong Kong dollars and Tencent sliding 0.33% to 423.796 Hong Kong dollars.
22:20
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Duiba's AI Short-Video Business Expected to Turn Profitable for Three Consecutive Months in Q3 2026

According to Duiba (01753), the company's AI short-video business is expected to achieve profitability in July, August, and September 2026. Based on preliminary assessment of unaudited consolidated management accounts for the nine months ending September 30, 2026, this marks a significant improvement compared to the business performance in the first half of 2026. The business has maintained strong growth since its launch in January 2026.
22:13
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Longxi Storage Announces 4F² DDR5 RDIMM Due by Year-End, But Mizuho Says No Threat to Micron, Samsung

According to Mizuho TMT analyst Jordan Klein, Longxi Storage announced plans to launch DDR5 RDIMM modules using 4F² memory cell design by year-end 2026, reducing memory cell area by approximately one-third compared to current 6F² designs. However, Klein stated in a report to clients that the announcement does not change short-term investment outlooks for Micron Technology, SanDisk, SK Hynix, or Samsung Electronics. Klein outlined seven reasons why the technology does not pose an immediate compet
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22:11
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KOSPI Futures Up 1.61% Overnight; SK Hynix Gains 2.72% on Oct 13-14

According to Binance and Hyperliquid, South Korea-linked futures rose overnight on October 13-14. EWY, tracking large-cap Korean stocks including SK Hynix and Samsung Electronics, climbed 1.61% to 1.68% on both exchanges. SK Hynix futures gained 2.72%, while Samsung Electronics advanced 2.65% to 2.67%. The pricing reflects potential market direction before Korea's stock market opens.
22:11
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Fed Holds Rates Steady in October With 77.3% Probability, CME Data Shows

According to CME Fed Watch, on October 14, financial markets price in a 77.3% probability that the Federal Reserve will hold interest rates unchanged at its October meeting, with a 22.7% chance of a 25 basis point rate hike. Looking ahead to December, market participants expect a 12.2% probability of rates remaining unchanged, a 68.7% probability of a cumulative 25 basis point increase, and a 19.1% probability of a cumulative 50 basis point increase.
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22:04
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U.S. Dollar Falls 0.37% on Tuesday as Oil Prices Drop, Investors Await CPI Data

The U.S. Dollar Index (DXY) fell 0.37% to 102.18 on Tuesday (October 13), retreating from its 18-month high of 102.61 reached on Monday (October 12), as oil prices declined 0.75% to $105.87 per barrel and markets reassessed support for U.S. assets amid renewed skepticism about artificial intelligence-driven gains. New York Federal Reserve President John Williams stated he still expects one additional rate hike this year but sees no necessity for further increases in 2027, comments that further e
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22:01
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KMD Crashes 34.7% to $0.004356 in 30 Minutes, Trading Volume Falls to $0.16

Komodo (KMD) crashed 34.7% to $0.004356 today within 30 minutes, dropping from its earlier level of $0.0066705. The sharp price decline occurred amid a 24-hour trading volume of just $0.16, indicating low liquidity in the market. With a market cap of $612,649, KMD's daily range moved between a low of $0.00435555 and a high of $0.00840667, reflecting heightened volatility typical of smaller-cap cryptocurrency assets.
22:01
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Broadcom CEO Warns Many Investors Entering AI Blindly Without Understanding, Echoing Buffett's Principle

According to Bloomberg, Broadcom CEO Chen Fuyang recently stated in Singapore that many investors are blindly investing in markets without understanding what they are actually buying. He described these investors as expecting high returns only to discover they have "essentially entered a casino." Chen's warning echoes Warren Buffett's long-held investment principle that investors should only invest in companies they understand. Buffett wrote in 1996 that investors need the ability to evaluate bu
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