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
23:30
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USDA Revises September Corn Forecast, Cites Processing Error

According to the U.S. Department of Agriculture (USDA), the agency on Friday corrected corn data released in September due to a processing error discovered by the National Agricultural Statistics Service. The correction followed concerns raised after the department's crop report this month projected higher-than-expected corn harvests, which triggered a sharp decline in U.S. corn futures.
23:15
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Samsung Fire Q3 Profit Down 6.99%, Peers Rise as Auto Insurance Loss Ratio Stabilizes

According to Yonhap Infomax, South Korea's major property and casualty insurers showed mixed Q3 earnings results driven by stabilizing core insurance operations despite investment headwinds. Samsung Fire Insurance reported a net profit of 503 billion KRW, down 6.99% year-over-year, due to capital market volatility. Conversely, DB Insurance and Hyundai Marine posted gains, with net profits of 350.1 billion KRW (+19.5% YoY) and 196.1 billion KRW (+7.06% YoY), respectively. Hanwha Insurance surged
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23:15
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Kumho Petrochemical Q3 Operating Profit Falls 24% to 64.1B KRW Amid Raw Material Volatility

According to Yonhap Infomax's compilation of four major securities firms' forecasts, Kumho Petrochemical reported Q3 consolidated revenue of 2.13 trillion KRW, up 29.56% year-over-year, but operating profit declined 23.96% to 64.1 billion KRW. The profit contraction was driven by raw material cost lag effects and weakened product pricing due to slower downstream demand. The company expects profitability to recover in Q4 as NB latex export prices surged 12.5% in September and spreads rebounded 25
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23:09
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NASA Accelerates Lunar Base Construction, Targets Crewed Moon Landing in 2028

According to NASA Administrator Jared Isaacman on October 23, the National Aeronautics and Space Administration is accelerating its lunar base construction and crewed moon landing programs. Artemis 3 is scheduled to launch in summer 2027, carrying four astronauts for a two-week mission in Earth orbit with docking tests to lunar landers from SpaceX and Blue Origin. Artemis 4, planned for 2028, will achieve the first crewed moon landing since the Apollo program.
22:30
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Account Purchases $347k on HLE to Beat GENG at League of Legends S16 Swiss Round

According to PPP Prediction Market monitoring, an account (0x57a85952044f2c8e4d31b475aab6987d2f98ebc2) purchased $347k in HLE to beat GENG at an average entry price of 42.5¢, acquiring 817,777 shares. The League of Legends S16 World Championship is currently underway in its Swiss round stage, with all matches played in best-of-one format.
22:15
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U.S. FOMC Readies Rate Decision This Week as GDP and PCE Data Loom; Tech Giants Report Earnings

According to CME FedWatch, the Federal Reserve's benchmark interest rate (FFR) is expected to remain unchanged this week (Oct 26-30), with markets pricing in a 90% probability of a hold at the FOMC meeting on Oct 27-28. The U.S. Commerce Department will release third-quarter GDP growth (expected at 3.0% annualized) and September personal consumption expenditures (PCE) inflation data on Oct 29, with headline PCE forecast to rise 0.5% month-over-month and core PCE up 0.3%. Major technology compani
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21:47
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22 Companies Oppose OKX-ICE Tokenized Stock Platform OKXICE

According to Reuters, as of Friday, 22 companies had submitted objections to listing their U.S.-traded stocks as tokenized assets on OKXICE, a tokenized stock platform jointly launched by OKX and Intercontinental Exchange. The latest group of objectors includes Wells Fargo, Arm Holdings, and Intuit, joining Microsoft and Alphabet, which opposed the initiative the previous week. Of the 22 companies, 16 have stocks listed on Nasdaq while only 6 are listed on the New York Stock Exchange. OKXICE co-
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21:43
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US Electrical Equipment Production Falls 9% Since 2019 as AI Power Demand Strains Supply

According to a16z analysis, US electrical equipment manufacturing capacity has declined 9% since 2019 as of mid-2026, while prices for the same equipment surged 69% during the period. Despite plants operating at 87% utilization—the highest level since 2008—actual output fell 7%, indicating production inefficiency. Imports of transformers and switchgear have surged approximately 80% above 2019 levels to meet rising demand driven by AI infrastructure expansion.
21:43
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Keystone Hardware Wallet Discloses October 20 Data Breach Affecting Customer Names, Addresses, Order Details

Keystone Hardware Wallet disclosed today that its website was accessed without authorization on October 20, exposing customer names, contact details, shipping addresses and order details, including items purchased and prices. The company confirmed on October 23, after verifying API activity with Shopify, that a third party obtained the information. Keystone stated that payment card details, bank information, recovery phrases, private keys and wallet passwords were not compromised. The company ha
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21:42
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Solana Co-founder Yakovenko Proposes Validator Stake-Weighted Oracle to Mint SOL Against Tokenized Collateral

According to Solana co-founder Anatoly Yakovenko, who posted on X on October 24, the network could use its validators as price referees to mint new SOL backed by tokenized collateral. Under the proposal, validators would weigh in on asset valuations proportionally to their staked SOL, and profits from this activity would be taxed to boost network revenue. Yakovenko called this a "validator stake-weighted oracle." The concept remains at the idea stage on social media and has not yet entered forma
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21:42
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Anthropic Targets Mid-November 2026 IPO With $75B–$100B Fundraise, $1.5T–$2T Valuation

According to Crypto Briefing, Anthropic is reportedly planning its public debut for mid-November 2026, aiming to trade before the US Thanksgiving holiday on November 26. The AI company filed a draft S-1 registration with the SEC on June 1, 2026, with expected fundraising between $75 billion and $100 billion at a valuation of $1.5 trillion to $2 trillion. Polymarket traders currently assign a 65% probability to the ticker symbol $ANT.
21:42
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17 New AI Billionaires Grew Combined Wealth by $87B in First Nine Months of 2026

According to the Bloomberg Billionaires Index, 17 new AI billionaires across the US and China grew their combined wealth by $87 billion in the first nine months of 2026, reaching $221 billion in total. The American contingent added $44 billion through September 2026, with 12 founders now on the global 500 richest list holding $132 billion combined. China's five new AI billionaires added $43 billion, bringing their cumulative total to $89 billion. Key names include seven co-founders of Anthropic,
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21:41
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X100 Stablecoin Exploit Drains $4.7M on October 24 via Governance Vulnerability

According to The Cryptonomist, X100 stablecoin suffered an exploit on October 24 that drained $4.7M from its treasury after attackers exploited governance vulnerabilities to seize protocol voting control. The attack exposed critical flaws in the protocol's governance mechanism, allowing unauthorized actors to accumulate voting power and execute unauthorized treasury transfers.
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21:25
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Merchant Vessels in Strait of Hormuz Face Record 28 Attacks in October

According to a U.S. think tank, merchant vessels in the Strait of Hormuz came under attack 28 times in October, marking a record for such incidents. The surge in shipping disruptions underscores escalating tensions in the critical global trade chokepoint amid ongoing regional conflicts.