Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,332.50 won as of 10:57 a.m. on Oct 29, down 5.20 won from the previous Seoul session close. The decline was driven by a dovish interpretation of the Federal Reserve's decision to hold its benchmark rate at 3.75%-4.00% and foreign

According to Russian news agencies, Russian forces shot down the majority of 613 drones targeting Moscow overnight on Oct 28-29.

According to ChainCatcher, Ethereum's EIP-8450 proposal has been updated to introduce post-quantum validator key registration using hash-based cryptography, including leanXMSS keys and VRF roots. The proposal specifies that BLS signing keys authorize the registration and rotation of post-quantum key

According to ChainCatcher, citing Rootdata, Ethereum spot ETFs saw net outflows of $21.4 million on October 28 (U.S. Eastern Time). BlackRock's ETHA recorded the largest single-day outflow at $44.8 million, though its cumulative net

According to ChainCatcher citing Rootdata, Bitcoin spot ETFs recorded total net inflows of $137 million on October 28. BlackRock's IBIT led the category with $136 million in net inflows for the day. As of the trading session, IBIT has accumulated $66.56 billion in total net inflows since

According to Jin10, Tencent announced the launch of Buddy One, an AI office suite for personal users, at its Global Digital Ecosystem Conference. The suite integrates Tencent Docs, Tencent Meetings, Tencent Cloud Storage, and IMA, powered by a shared WorkBuddy Agent foundation. The system provides u

According to Microsoft CFO Amy Hood during the Q1 FY2027 earnings call on October 29, the company expects full-year capital expenditure of approximately $170 billion, with an acceleration in the second half of the fiscal year. The CFO projected Q2 capital spending will exceed $50 billion, driven

According to Guru Club, ByteDance Vice President Li Liang shared his views on short-form dramas and industry development on Weibo today, October 29. Li stated that short dramas and traditional films have no fundamental difference, only different mediums and formats.

According to Caijing.com.cn, storage chipmaker Changxin Technology issued a warning today after discovering fraudsters and illegal intermediaries impersonating the company online to post fake job listings. The company advised users not to download unknown software, click suspicious links, or share p

According to sources, Canada's Royal Bank (RBC) restricted access to third-party AI agents, including Meta Platforms' Muse, citing security and liability risks. An internal memo distributed to all staff on Tuesday (October 28) detailed the policy adjustment, which follows a comprehensive security re

Four Chinese departments—China's Ministry of Commerce, National Development and Reform Commission, Ministry of Ecology and Environment, and General Administration of Customs—jointly announced on October 29 support for liquefied natural gas (LNG) futures delivery operations in Hainan Free Trade

According to The Information and direct sources, DeepSeek's V4.1-Flash released on October 17 and Moonshot AI's Kimi K3.1 Pro have extensively used OpenAI's GPT-6 Astra outputs for distillation during training. In Browser Use tests across 180 real web tasks, DeepSeek's score improved from 70.9 to 75

According to data from the Federal Reserve Bank of St. Louis, the U.S. high-yield bond spread (measured by the Bank of America High Yield OAS Index) narrowed to 318 basis points on October 27, down 12bp from the previous day and marking its lowest level since October 13. The spread had widened to 34

According to Morgan Stanley's chief U.S. equity strategist Mike Wilson, on October 29, the S&P 500 could fall 8% to 7,100-7,200 before the end of 2026, despite expectations of 8,000 by year-end. Wilson described this pullback as the final stage of a correction that began in June. Approximately 84% of S&P 500 constituents are currently trading at least 10% below their all-time highs, indicating substantial losses beneath the surface despite the index showing limited change. The S&P 500 closed at

According to ChainCatcher, on October 29, China's four state-owned banks saw their combined A+H share market value surpass 10 trillion yuan for the first time. ICBC, ABC, CCB, and BOC all gained over 1% during morning trading. ICBC's market value reached 2.94 trillion yuan, ABC hit 2.58 trillion yua

According to OKX's official announcement, the platform's Flash Earn feature upgraded today (October 29) to introduce a new "Hold to Earn" mode alongside existing staking and trading rewards. The inaugural campaign runs from October 29, 08:00 to November 28, 07:59 UTC+8, with a total reward pool of 4

According to BNB Chain, the Jenner hard fork upgrade has gone live on the BNB Smart Chain testnet. The upgrade introduces three key features: Payment Lane, which reserves 5% of block gas for qualifying payments; millisecond-level block timestamps for smart contracts; and CAS20, a new compliant

According to Rappler, GCash is not committing to further reducing its P10 bank transfer fee following its October 20 stock market debut. At a media briefing, Mynt's head of capital markets Jep Tang clarified that Bangko Sentral ng Pilipinas Circular No. 1238 does not require free transfers but

According to Bankr, the platform has launched a MAG7 token pairing feature on Robinhood Chain, allowing users to pair newly launched tokens with MAG7 (Magnificent 7 index token). MAG7 tracks seven major U.S. equities: NVDA, AAPL, GOOGL, MSFT, AMZN, META, and

According to PANews on October 29, Tron Inc. (NASDAQ: TRON) purchased 150,304 TRX at an average price of $0.3327, spending approximately $49,640. The company's historical treasury holdings now exceed 721 million TRX, based on data monitored by Onchain