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
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Korean Won-Dollar Exchange Rate Trades at 1,325.50 on Oct 26, Up 0.90 Won

According to Yonhap Infomax, the Korean won-U.S. dollar exchange rate was trading at 1,325.50 on Oct 26 afternoon (8:47 p.m. local time), up 0.90 won from the previous session.
The Seoul market close earlier in the day marked the lowest level since October 2, 2024, at 1,323.10 won. Export-related n
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Zcash Labs Launches Zcash JS JavaScript Development Kit on October 26

According to PANews, on October 26, Zcash Labs launched Zcash JS, a JavaScript development kit enabling developers to build web, server, and mobile applications on the Zcash network. The kit supports development of wallets, light clients, and dashboards. Zcash Labs committed to ongoing maintenance a
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14:57
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X100 Attacker Transfers 821.2 ETH to Tornado Cash, Worth $1.89M

According to PeckShield, today the wallet address linked to the X100 attacker transferred 821.2 ETH (worth approximately $1.89 million) to Tornado Cash, a cryptocurrency mixing protocol. The transfer follows a flash loan governance attack on the X100 token on October 24, which resulted in losses
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ETH-0.84%
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Macron Warns of Violence Risk at Planned France Protests on October 31

According to Xinhua, on October 26, President Macron visited Marseille's damaged city hall to inspect damage from October 17 protests, warning that planned demonstrations scheduled for October 31 still carry risks of violent clashes. Macron acknowledged that the government had insufficient advance p
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14:43
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Surgery Partners to Be Privatized by Bon Secours Subsidiary in $5.7B Deal, Shares Surge 46%

Surgery Partners announced yesterday that it will be taken private by HealthSpan Partners, a subsidiary of nonprofit hospital system Bon Secours Mercy Health, in a deal valued at approximately $5.7 billion including debt. Private equity group Bain Capital, which has been a minority shareholder since 2017 and holds 39% of Surgery Partners, will support the transaction and retain principal equity post-closing. Other shareholders will receive $23.50 per share, representing a 49% premium to the prev
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14:42
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BNB Chain Plans New Layer 1 Blockchain Targeting 200ms Block Times, Mainnet in Early 2027

BNB Chain announced today (Oct 26) a plan to develop a new Layer 1 blockchain designed to operate parallel to BNB Smart Chain (BSC), with BNB continuing as the native token for transaction fees, staking, and governance. According to updated BNB Chain documentation, the new network targets block times of approximately 200 milliseconds and pre-confirmation times of around 20 milliseconds. The roadmap identifies late 2026 for a public testnet launch, followed by a potential mainnet launch in early
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14:41
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Goldman Sachs: Tech Stocks See $20 Billion Net Sell-off in Two Weeks Amid AI Funding Pressure

According to Goldman Sachs data released on October 26, global tech stocks saw a net sell-off of approximately $20 billion over the past two weeks, with selling intensity reaching -3.3 standard deviations, an extreme level. The Nasdaq-100 and S&P 500 volatility spread reached the 98th percentile of the past five years, indicating rising risk aversion toward tech stocks. According to JPMorgan Chase, AI infrastructure debt financing has exceeded $500 billion this year, with major cloud service pro
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14:37
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Anthropic Files S-1 Prospectus with Over 90-Page Risk Factors Chapter on October 26

According to Guru Club, Anthropic filed its S-1 prospectus on October 26, with the risk factors section spanning over 90 pages. The chapter addresses risks the company faces in balancing AI safety with commercial objectives. In the filing, Anthropic stated that failure to manage AI safety-related risks could adversely affect its brand, business, financial condition, and operating results. The company acknowledged that while it makes subjective judgments on safety standards before releasing model
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U.S. Natural Gas Futures Fall 5.4% to Six-Month Low on October 26 Amid Warm Winter Outlook

According to Guru Club, on October 26, U.S. natural gas futures plunged 5.4%, hitting their lowest level since April amid forecasts of an unusually warm winter. Weekend weather reports shifted significantly warmer, suggesting reduced demand for heating and power generation during the early heating season. Hedge funds have built their largest net short position since 2013, betting on continued price declines as warm-winter expectations strengthen. Near-term natural gas futures have fallen over 20
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