Gate Crypto Flash News and Market Updates

According to @SolanaFloor, ReflectMoney has recently launched a tool enabling users to create customized stablecoins on the Solana blockchain in a single transaction. Users can select the stablecoin name, collateral type, and interest distribution mechanism, streamlining the stablecoin issuance process and making it more accessible to developers and projects.

According to CNBC, Moderna shares dropped as much as 25% on Thursday, October 21, following the leak of partial data on its cancer vaccine developed with Merck. The full data released later that day showed the personalized vaccine intismeran autogene, paired with Merck's immunotherapy Keytruda, reduced the risk of recurrence or death in certain melanoma patients by 42% compared with Keytruda alone. Analysts noted the sell-off reflects inflated investor expectations rather than disappointing effi

According to MSX.COM data, optical communication and optoelectronic device-related equities weakened over the past 24 hours. AXTI fell 14.7% to $51.03, while LITE declined 12.8% to $746.64.

According to the White House, on October 22, President Trump invoked the Defense Production Act, designating domestic oil exploration, production, pipelines, storage, refining, and marine terminals as critical defense resources. The administration will use federal procurement, purchase commitments, and financial support to expand related capabilities. Trump exempted certain provisions of Section 303 of the Act to accelerate expansion, citing financing constraints, lengthy project timelines, regu

According to the Office of the Comptroller of the Currency, the OCC has released new guidelines tailored for community banks to support their participation in the cryptocurrency sector, as mandated by the GENIUS Act. The framework accommodates the size and complexity of community banks' business models, establishing proportionate regulatory requirements and examination cycles. The OCC stated the guidelines are designed to foster increased participation from community banks in digital asset activ

According to Chainlink, LG CNS, the technology arm of LG Group, has entered a strategic partnership to advance Korea's digital asset market. The collaboration will leverage Chainlink's cross-chain and data infrastructure to enhance LG CNS's digital asset platform, targeting institutional solutions for local financial entities. The partnership aims to establish new technical standards for Korea's digital asset economy, supporting compliant infrastructure in the blockchain space. Korea ranks secon

According to ChainCatcher, Aave V4's first externally-managed markets have launched on Ethereum. The markets, created in partnership with Sentora, enable users to borrow RLUSD, PYUSD, and OUSD using yield-bearing assets and blue-chip tokens as collateral across three new market instances. The launch marks the initial deployment of Aave's external market framework, expanding borrowing options for users on the Ethereum network.

MSCI Emerging Markets Index fell 2.5% to its lowest level since July as of October 22, amid mixed U.S. technology earnings reports and cooling investor sentiment toward artificial intelligence. The Developing Countries Foreign Exchange Index declined 0.2%, with net oil-importing nations including South Africa, Chile, and Poland seeing sharper currency depreciation. Brazilian real also weakened significantly ahead of the weekend election. Brent crude reached its highest price since May amid broad

According to The Verge, Meta revised its business terms on October 22 by removing language explicitly stating it would "train" AI models on scraped news content, effective October 30. However, legal experts say the changes are insufficient to block the practice. The updated terms still allow Meta to use scraped content to "develop" business products, a term broad enough to encompass AI training, according to James Grimmelmann, a digital law professor at Cornell Law School, and Matt Topic, a medi

According to @BuildOnStellar, Stellar deployed confidential tokens on its mainnet on October 22, enabling users to add a privacy layer to any SEP-41 token. The announcement, which comes ahead of Stellar's Meridian event on October 28-29, has garnered strong community engagement, with numerous retweets and positive reactions indicating interest in the new privacy-enhanced functionality. The deployment allows users to manage their assets with an additional layer of confidentiality within the Stell

Gilead Sciences announced it will acquire PepStar Therapeutics' oral anti-inflammatory drug program for $1.275 billion in cash. The acquisition adds HCXT-2001, an experimental oral medicine for inflammatory bowel disease, to Gilead's portfolio. HCXT-2001 targets the IL-23 signaling pathway, an established target in inflammatory disease treatment, and is currently in early-stage clinical trials.

Fuel cell system supplier Bloom Energy reported third-quarter revenue of $1.24 billion, surpassing analyst expectations of $1.08 billion and representing 138.1% year-over-year growth. Adjusted EBITDA reached $299.5 million versus the expected $241.2 million, while adjusted EPS came in at $0.94 per share compared to the $0.68 estimate. The company raised its full-year revenue guidance to $4.4–4.6 billion, implying a 122% increase year-over-year at the midpoint and exceeding its prior estimate of

According to ChainCatcher, Aztec's V6 upgrade proposal has been approved, though the governance dashboard still displays voting as open. The upgrade is scheduled for execution on October 26 and will enhance message passing speed between Ethereum and Aztec, while providing 30 days of operational funding for the V5 version during the migration period.

According to Binance market data, on October 23, U.S. stock indices closed lower. The Dow Jones declined 0.02%, the Nasdaq fell 2.88%, and the S&P 500 dropped 1.17%. Among major individual stocks, SPCX fell 9.37%, leading losses on the session.

The Nasdaq Golden Dragon China Index closed down 1.2% today (Oct 22). Among major Chinese tech stocks, Century Link fell 8.9%, Zai Lab dropped 8.8%, and Hesai Technology declined 8%. Other decliners included Wanxiang Data and Canadian Solar, both down over 6%, while Alibaba fell 2.5% and Baidu declined 1.1%. ETFs tracking the sector also retreated, with CQQQ down 2.9% and KWEB down 2.3%. Gainers included Huazhu Group, up 1.2%, and NetEase Youdao, up 4.7%.

Israeli forces conducted airstrikes on Qatar's capital Doha in September 2025, targeting Hamas senior leadership, according to Israeli Prime Minister Benjamin Netanyahu. Netanyahu subsequently apologized to Qatar for the military operation that violated the country's sovereignty.

Solana announced its Breakpoint 2026 event this week, aiming to showcase blockchain technological advancements and innovations. The event will serve as a platform for the platform to demonstrate new capabilities to developers and investors, underscoring Solana's ongoing commitment to pushing boundaries in the blockchain space.

According to Andreessen Horowitz on Thursday, the venture capital firm is renaming its a16z Crypto fund to a16z Frontier and expanding its mandate to include AI and other emerging technologies. Chris Dixon, a general partner leading the fund alongside Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet, stated that blockchains have receded into the background as Wall Street and fintech companies now regularly launch blockchain-based products. The firm confirmed it will continue investin

According to the SEC, Brian Daly, director of the SEC's Division of Investment Management, announced this week the agency's commitment to expanding retail access to alternative investments through a 'responsible retailization' initiative. The effort aims to encourage financial advisors to facilitate access to alternative assets for retail investors while maintaining investor protection and market integrity, as stated in the SEC's official announcement at the Financial Times Future of Asset Manag

According to Axios and Reuters, major U.S. banks are restricting third-party AI agents from accessing and conducting transactions in customer accounts following reports that some AI agents have taken actions independently of user instructions. Banks are increasingly concerned that powerful AI agents could threaten the financial system and institutions entrusted with safeguarding public wealth, sources said.