Gate Crypto Flash News and Market Updates

According to Beijing Daily, Beijing's Haidian District Market Regulator fined a technology company RMB 930K+ in the city's first enforcement action against a firm providing support services for a blockchain-based multi-level marketing scheme. The tech company, which served as an outsourcing

South Korea's national security adviser is consulting with the United States today (Oct 29) regarding deployment issues in the Hormuz Strait, with Seoul considering multiple options, according to the adviser's

According to Beijing Daily, on October 29, Beijing's Haidian District Market Supervision Bureau penalized a technology company 930,000 yuan for providing technical and operational support to a blockchain-based pyramid scheme. The company facilitated services including technology maintenance,

According to Bybit's official announcement, the exchange has partnered with FASEFoundation to enhance financial safety, inclusion, and sustainable empowerment. The collaboration aims to address financial disparities within the crypto space by leveraging blockchain technology to support underserved c

According to Trader T, Bitcoin spot ETFs saw net inflows of $137.32 million yesterday (Oct. 28), with BlackRock's IBIT leading at $136 million and Bitwise's BITB at $1.32 million. Other funds, including Fidelity FBTC, Grayscale GBTC, and Ark ARKB, recorded zero net flows.

According to Trader T, Ethereum spot ETFs saw net outflows of $21.38 million yesterday (October 28), narrowing from $60.22 million on October 27. BlackRock's ETHA led outflows with $44.8 million, while Fidelity's FETH recorded inflows of $18.78 million, Grayscale's mini ETH ETF added $3.62 million,

According to HTX trading data, Solana (SOL) broke below $100 on October 29, trading at $99.98 with a 24-hour decline of 2.15%.

According to China's Ministry of Finance, Finance Minister Lan Fu'an met with World Bank Managing Director and Chief Administrative Officer Zhang Wencan on October 23 in Beijing to discuss bilateral cooperation between China and the World Bank. Vice Minister of Finance Chang Junhong attended the

According to Gate US, the platform now supports USD balances and has launched USD Wire services for eligible, verified users in supported jurisdictions. Users can retain dollars directly in their accounts and transfer large amounts via USD Wire through verified U.S. bank accounts, eliminating the

According to Yonhapinfomax, Samsung SDS reported on October 29 that Q3 consolidated revenue reached 37.725 trillion won, up 11.2% year-over-year, with operating profit of 2.41 trillion won, up 3.7% YoY. Cloud business revenue surged 18% to 7.961 trillion won, driven by artificial intelligence

According to Yonhap Infomax, KB Financial Holdings reported net profit of 1.9131 trillion won in Q3 2026 (announced October 29), up 15.6% year-over-year and marking a record for the third quarter. The group's cumulative nine-month net profit reached 5.792 trillion won, also hitting an all-time

According to COINOTAG, BNB Chain activated the Jenner hard fork on BNB Smart Chain's testnet on Thursday (Oct 29), requiring block builders to reserve 5% of block gas for payments. The upgrade introduces Payment Lane functionality

According to Russia's TASS news agency and the Defense Ministry, on October 28, Russia's Generalissimus Suvorov, a Borey-A class strategic nuclear submarine of the Pacific Fleet, successfully test-fired a Bulava submarine-launched ballistic missile (SLBM) from the Sea of Okhotsk. The missile

According to Bitget, AXIS hit a 24-hour low of 0.142 USDT, currently trading at 0.145 USDT with a 24-hour decline of 36.1%.

According to Jin10 on October 29, the monetary market prices an 83% probability for the Federal Reserve to raise rates by 25 basis points in December, following the central bank's decision to keep rates unchanged today. Larry Holzenthaler, senior portfolio manager at Catalyst Fund, stated that

According to the Russian Defense Ministry, 1,214 Ukrainian unmanned aerial vehicles were shot down overnight across various regions of Russia.

According to ChainCatcher, Pendle's STRCx surpassed $50 million in total value, reaching an all-time high. Pendle currently holds approximately 30% of the total STRCx supply, which is the largest tokenized equity asset in

According to SolanaFloor, on October 29, Solflare announced that a new validator node has gone live following a security incident at its staking service provider. Users can unstake from Solflare (Legacy) and migrate to the new validator node, or wait for an app update to complete migration. Solflare

According to Hyundai Card's announcement on October 29, the company's net profit for the third quarter reached 90.6 billion KRW, up 1.2% year-over-year from 89.5 billion KRW in the same period last year. On a cumulative basis for the first nine months of 2026, net profit rose 8.1% to 275.8 billion K

ING reported third-quarter 2026 net profit of 1.85 billion euros, falling short of the market consensus of 2.01 billion euros. Total revenue reached 6.23 billion euros versus expectations of 6.33 billion euros, while pretax profit came in at 2.71 billion euros against a forecast of 2.88 billion euro