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
12:52
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Banks Seek to Tokenize, Says Fireblocks CEO at Stellar's Meridian Event

According to CoinDesk, at Stellar's recent Meridian event, Fireblocks CEO Michael Shaulov emphasized banks' growing interest in tokenization and underscored the urgent need for skilled professionals to drive this transformation. The shift toward tokenization could enhance operational efficiency, security, and customer engagement in financial services.
XLM-1.85%
12:50
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Berlin State Government Refuses 30 Bitcoin Ransom, 5.8TB Data Leak

According to COINOTAG, on October 30, Berlin state government rejected a ransom demand of 30 Bitcoin (worth approximately €2 million) from attackers, resulting in the leak of 1.44 million files totaling 5.8 terabytes from the city's administrative network. The data was dumped online after the government refused to pay.
BTC-3.32%
12:41
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XRP Ledger Proposes 4 Fixes to Tighten Restricted Token Authorization

According to the XRP Ledger Foundation, developers have proposed four fixes to close gaps in issuer approval requirements for restricted tokens under an amendment called fixCleanup3_5_0. The changes would strengthen checks on trading pool shares and prevent unapproved accounts from acquiring restric
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XRP-3.35%
12:41
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Pentagon Pressures NATO Allies to Soften Rhetoric on Russian Threat

According to officials familiar with the matter, Pentagon officials in recent weeks have asked European NATO allies to use more restrained language when publicly discussing Russian threats, citing concerns that stronger rhetoric could undermine European security.
12:36
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Global Liquidations Hit $1.598B in 24 Hours, 245,523 Traders Hit

According to Coinglass data, 245,523 traders were liquidated in the past 24 hours as the global market saw $1.598 billion in total liquidations. Long positions accounted for $1.345 billion while short positions saw $253 million liquidated. The largest single liquidation order occurred on
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12:31
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Wells Fargo Cuts Intel Price Target 33% to $80, SanDisk to $1,300

Wells Fargo cut price targets for multiple U.S. tech stocks on October 30, with Intel downgraded from $120 to $80 (down 33%) and SanDisk reduced from $1,550 to $1,300. The bank also lowered Alphabet's target to $371 from $417, and Amazon's to $326 from $329.