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
05:49
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LG Uplus Operating Profit Jumps 84% to 297.6B Won in Q3 Despite Revenue Dip

According to LG Uplus on November 4, the South Korean telecommunications operator's third-quarter operating profit surged 84% year-on-year to 297.6 billion won (US$222 million), despite revenue declining 0.7% to 4 trillion won (US$2.97 billion). The profit surge was driven by the elimination of
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05:42
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THORChain Resumes Swaps on 11 Chains After 3.21.1 Upgrade; 14 Active Nodes Still Pending

According to Foresight News, THORChain has resumed swaps on 11 chains—AVAX, Base, BCH, BTC, DOGE, ETH, LTC, RUNE, TRON, XRPL, and ZEC—following its 3.21.1 version upgrade. Swaps on ATOM, BSC, and SOL remain suspended. Currently, 14 active nodes have not yet upgraded to version 3.21.1, which is required to resolve swap performance issues. The upgrade also brings THORChain closer to supporting Monero.
05:37
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Democrats Secure House Majority on November 3, Projected to Win 244+ Seats

According to CNN, NBC News, and AP, Democrats are projected to secure over 218 seats in the House of Representatives on November 3, with NBC predicting at least 244 seats. Meanwhile, Democrats showed strength in competitive Senate races, with the party favored to win over six contested seats,
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05:32
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TD Cowen: Democratic Congress Would Block CLARITY Act for Two Years

According to TD Cowen analyst Jaret Seiberg on November 3, if Democrats secure control of Congress, the CLARITY Act will not pass for the next two years. Seiberg wrote that Democrats would likely investigate Trump, including his crypto ties, which would sour the political environment for crypto.
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05:32
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Stand With Crypto Congratulates Newly Elected Pro-Crypto Officials

According to Stand With Crypto, the organization recently congratulated newly elected officials who advocate for pro-cryptocurrency policies. Stand With Crypto highlighted their endorsement of candidates positioned to bring stronger support for crypto regulation to
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