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
08:10
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KB Financial Shifts Shareholder Returns Policy to Commitment-Based Model on Oct 29

According to KB Financial CFO La Sang-rok on October 29, the company is shifting its shareholder return policy from performance-linked metrics to commitment-based distributions. In a third-quarter earnings call, the CFO stated the company will announce annual shareholder return targets at the beginning of each year and maintain them unless capital ratios significantly decline. "We will now move from results-driven returns to promise-driven returns," La said, emphasizing improved investor predict
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08:07
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Goldman Sachs Begins Using EquiLend's 1Source Distributed Ledger Platform

According to EquiLend, Goldman Sachs has begun using 1Source, a distributed ledger platform built on Canton Network, joining existing users New York Mellon Bank and Canada's Royal Bank. The platform synchronizes securities lending transactions via shared ledger to reduce duplicate reconciliation, tr
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08:07
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LME Explores Tokenizing Hong Kong Metal Inventory for Loan Collateral

According to Reuters, the London Metal Exchange (LME), a subsidiary of Hong Kong Exchanges and Clearing, is exploring tokenizing metal inventory stored in Hong Kong warehouses to create digital assets for use as loan collateral and other financing activities, supporting Hong Kong's strategy to develop as an international commodities trading center. LME confirmed it is in early stages of exploring tokenization of unissued warehouse receipts. Unlike standardized receipt metals with existing financ
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08:07
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China's CNY Funding Sentiment Index Holds at 54 on Oct 29

According to Jin10 Futures, China's CFETS-NEX yuan funding sentiment index stood at 54 as of 4 p.m. on October 29, unchanged from 2:30 p.m. The index for large banks, mid-sized banks, and non-bank institutions remained at 51, 54, and 57
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08:07
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Ukrainian Forces Attack Luhansk Energy Infrastructure; Over 150,000 Households Left Without Power on October 29

According to Luhansk regional leader Pasechnik, Ukrainian forces attacked energy infrastructure in the region on October 29, leaving over 150,000 households without power across six municipalities. Social and medical facilities have switched to backup power supplies, with recovery efforts underway. In the same attack, more than 40 aerial targets were destroyed in the airspace above the region, according to the Russian-appointed official. Ukraine has not yet commented on the incident.
08:01
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FuriosaAI Raises $620M at $2.9B Valuation in Series D Funding

According to Bloomberg, on October 29, FuriosaAI raised US$620 million in Series D funding at a US$2.9 billion valuation. Investors included Infinitum Partners, South Korea's National Growth Fund, Jericho Capital, QUDA Capital, NeoFort Holding, and existing backers Naver and Kakao Investment. The Se
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