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
14:32
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Visa Direct Moves USDC Prefunding to Production on October 15, Inyo Global First Processor

According to Visa, on October 15, the company moved its stablecoin-powered money movement service from pilot testing to production, allowing eligible businesses to prefund cross-border payouts with USDC through Visa Direct. Inyo Global became the first processor to bring the capability into live operations. The rollout enables money transmitters, fintechs, banks and payment companies to fund international transfers outside conventional banking hours, advancing Visa's integration of stablecoins i
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14:31
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Anthropic Grants Six METR Employees Internal Access to Audit AI Models and Safety Practices

Anthropic announced that six employees from METR, a nonprofit research organization, have been granted access to the company's hardware, office facilities, and internal tools to audit its AI models and safety practices. The employees have been granted access permissions comparable to those of Anthropic's internal risk team. METR, which specializes in evaluating frontier AI model capabilities, previously conducted only external testing; this access expands its audit scope to internal systems.
14:31
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Zetaverse Issues 12M Yuan Loan on October 16

According to Zhitong Finance, on October 16, Zetaverse Information Technology (a wholly-owned subsidiary of Zetaverse Inc.) and borrower Dr. Li Zhifei signed a loan agreement under which Zetaverse agreed to provide a loan principal of 12 million yuan. The loan term is 12 months from the drawdown date.
14:31
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Sazmining Launches $4,187 Bitcoin Mining Hash Boards from Block's Proto, 200 TH/s per Unit

According to Odaily Daily and Bitcoin.com News, Sazmining announced a direct-purchase plan for customers to own immersion hash boards developed by Proto, the Bitcoin mining division of Block (founded by Jack Dorsey). Each unit costs $4,187 with a $1,397 down payment and 18 interest-free installments for the remainder. The equipment is expected to launch between November and December 2026, with per-unit hash power of approximately 200 TH/s and power efficiency of roughly 15 J/TH. Sazmining will h
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BTC1.41%
14:25
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PBoC Governor Pan Meets IMF Chief Georgieva During Annual Meeting in Bangkok

According to the People's Bank of China, during the IMF/World Bank Annual Meeting in Bangkok, PBoC Governor Pan Gongsheng met with IMF Managing Director Kristalina Georgieva to exchange views on China's and global economic situations, as well as cooperation between China and the IMF. PBoC Deputy Governor Xuan Changneng attended the meeting.
14:25
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Blue Origin Plans $330 Million Florida Expansion to Support Multiple New Glenn Launches Weekly by 2030

According to Blue Origin's official announcement Friday, the company plans a $330 million expansion at its Rocket Park campus in Cape Canaveral, Florida, with completion expected by summer 2027. The project will add two launch and landing pads for New Glenn, its heavy-lift reusable rocket, and increase annual upper stage production capacity to 150 units. The expansion aims to support multiple flights per week by the end of the decade, the company said in a blog post. Blue Origin has already inve
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14:23
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China's Bank of China Unveils Yuan Clearing House in Sri Lanka on October 15

According to Xinhua, China's Bank of China held the official unveiling ceremony for its Yuan clearing house in Colombo, Sri Lanka, on October 15. Sri Lanka's Deputy Governor of Central Bank Sirikumara and over 200 representatives from both governments, enterprises, and financial institutions, including Sri Lanka's Minister of Labor and Deputy Minister of Finance Fernando, attended the event.
14:22
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U.S. Crypto Stocks Rise Broadly in 24 Hours, Circle Up 13.87%

According to Bitget market data, U.S. crypto stocks rose broadly in the past 24 hours, with Circle (CRCL) leading gains at 13.87%. Other gainers included Coinbase (COIN) up 7.91%, Strategy (MSTR) up 5.76%, and Robinhood (HOOD) up 5.58%. CEA Industries (BNC) recorded the smallest gain at 0.52%.
14:22
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Solana Launches Seeker App with Ledger as Alpenglow Upgrade Nears October 21

Solana announced a partnership with Ledger to launch the Seeker App, aimed at expanding user accessibility and security. The collaboration comes ahead of the Alpenglow consensus upgrade scheduled for October 21, which is expected to improve the network's functionality. Additionally, Solana is conducting Multisig tests for post-quantum signing on mainnet and has opened a Shanghai office despite China's crypto restrictions. The developments arrive as Bitcoin dipped below $81,000, creating near-ter
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SOL3.02%
BTC1.41%
14:22
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HashKey Exchange Launches HashKey Earn Channel With 5 Product Categories on October 15

According to HashKey Exchange's October 15 announcement, the platform launched the HashKey Earn Channel, a tokenized wealth management platform designed to provide eligible investors with access to investment products through blockchain infrastructure. The platform offers 5 core product categories: money market funds and liquidity solutions, fixed-income and credit investments, global equities, precious metals and alternative assets, and on-chain staking services. Participants must complete risk
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14:21
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Nvidia Plans Industrial AI Deal Worth Hundreds of Millions in Germany

According to German government sources confirmed on October 16, Nvidia plans a major artificial intelligence cooperation agreement with Germany involving several hundred million euros in investment. The initiative is expected to be announced next week at the Invest in Germany conference in Berlin, where Nvidia CEO Jensen Huang is scheduled to appear. The agreement will focus on physical AI systems for robotics and autonomous vehicles, as well as high-performance models for industrial application
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14:21
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ASML Targets Over 110 EUV Machines Annually by 2028 Amid AI Chip Demand

According to ASML's October 14 earnings announcement, the Dutch semiconductor equipment maker is targeting annual production capacity for extreme ultraviolet (EUV) lithography machines exceeding 110 units by 2028, up from approximately 65 units in 2026. The company plans a 30% manufacturing capacity expansion in 2027, lifting output to roughly 85 systems, followed by another 30% increase in 2028. CEO Christophe Fouquet stated that customers are already requesting equipment deliveries for 2029 an
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14:19
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Strategy Declares Daily Dividends on STRC for November at 12% Annualized Rate

According to a Form 8-K filing with the Securities and Exchange Commission, Strategy, the largest corporate Bitcoin holder, declared daily dividends on its STRC preferred stock for November, subject to shareholder approval. The board declared cash dividends for each calendar day from November 1 to 30, with payments beginning November 2, payable on the business day following each record date. The annualized dividend rate remains at 12%, with management planning to maintain this rate until STRC de
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BTC1.41%
14:17
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Cobo Wallet App to Halt on December 1, Users Must Withdraw Assets by November 30

According to BlockBeats, on October 16, Cobo Wallet announced its App service will cease operations on December 1, 2026. Users must withdraw all assets by 11:59 PM on November 30. After closure, any remaining funds will incur a monthly management fee of 2% of account balance or a minimum of $100 USD, whichever is greater. Users are advised to confirm on-chain assets, update receiving addresses on other platforms, and review withdrawal whitelists before the deadline.
14:16
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Norway's $2 Trillion Sovereign Wealth Fund Proposes to Open Investment in Defense Firms; Parliamentary Vote Expected in Mid-2027

Norway's government is proposing to modify the ethics rules of its sovereign wealth fund, currently worth approximately $2 trillion, potentially allowing investment in major Western defense contractors. The fund is currently barred from investing in companies including Lockheed Martin and Boeing due to their involvement in nuclear weapons production. The Norwegian government will solicit public consultation on the new ethical framework before parliament is expected to vote on the proposal in mid
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14:13
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Netflix Stock Falls 2.4% to $70.90 After Leadership Change and 1,000 Job Cuts

Netflix stock (NASDAQ: NFLX) fell 2.4% to $70.90 in premarket trading on Friday, October 16, after the company announced a major leadership change and plans to cut approximately 1,000 jobs. According to Netflix's October 15 announcement, former Disney executive Peter Rice will replace Bela Bajaria as chief content officer, effective October 26. The layoffs, representing about 6% of the workforce, primarily affect technology, product development, legal and human resources teams.
14:13
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Nvidia Shows Resilience Amid Broader Semiconductor Rout; SOXX ETF Logs Longest Streak in 11 Years

According to Barron's, Nvidia showed relative resilience on Friday, October 16, despite semiconductor stocks facing a broader selloff described as one of the most severe in over a decade. Nvidia fell 1.8% on Thursday and was near flat in premarket trading Friday, down 9% since October 6. Meanwhile, the iShares Semiconductor ETF (SOXX) logged its 8th consecutive trading day of declines, marking its longest streak since September 2015; the index fell 1.41% intraday Friday. Market concerns about ri
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14:13
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Morgan Stanley Warns Memory Stock Low P/E Ratios May Signal Valuation Trap

According to a recent report by Morgan Stanley analyst Shawn Kim, memory stocks' low price-to-earnings ratios may represent a dangerous valuation trap despite strong AI-driven fundamentals. Samsung Electronics and SK Hynix trade at estimated P/E ratios of 3.5-3.7 times, while Micron trades at 6.1 times, compared to Nvidia at 17.8 times and TSMC at 23 times. Kim's analysis shows that sustaining current stock prices would require DRAM contract prices to climb approximately 70% monthly—a threshold
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