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
11:45
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Hong Kong Clears Two Fake Banking Websites Scamming Users via Virtual Wallets

According to a Hong Kong government statement on October 31, the Hong Kong Interbank Clearing Limited (HICL) discovered two fraudulent websites impersonating its official site, tricking users into deposits and withdrawals via virtual wallets while falsely claiming to provide Faster Payment System (FPS) services including refunds and fraud reporting. HICL warned that it typically does not directly provide FPS services to individuals nor initiate contact with users, and advised the public to never
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11:22
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Tether Reports $1.5B Q3 Profit as Excess Reserves Nearly Double to $7.95B

According to BDO attestation, Tether reported $1.5 billion in third-quarter net operating profit as of September 30, 2026, with excess reserves nearly doubling to $7.95 billion. Total assets reached $191.45 billion against $183.50 billion in liabilities, up approximately $3.85 billion from
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11:07
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Wuxi Partners with Alibaba Cloud to Launch Qianwen Office Innovation Center

According to Alibaba Cloud, Wuxi Binhu District Government, Wuxi Data Group, and Alibaba Cloud signed a strategic partnership agreement today. The three parties will collaborate on computing services, model technologies, and intelligent applications to establish the Qianwen Office Innovation
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11:01
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Binance In Talks With Malaysian Regulators Over Licensed Operations, Seeking Market Return

According to Bloomberg, today (October 31), Binance said it is in discussions with Malaysian regulators about the feasibility and structure of a licensed business model to formally return to the market. A company spokesperson stated the exchange has been communicating with Malaysia's Securities Commission and central bank for the past 10 months, though it did not disclose the specific license type it plans to apply for.