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
10:19
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Jingdong Coinlink Official Website Goes Offline on Nov 8, Failed to Secure Hong Kong Stablecoin License

According to PANews, on November 8, Jingdong Coinlink Technology Hong Kong Limited's official website went offline. The company was previously rejected for Hong Kong's first-batch stablecoin issuer licenses, which the Hong Kong Monetary Authority granted in April 2026 only to Anchorpoint (led by Standard Chartered Bank) and HSBC. Jingdong Coinlink had entered the HKMA's stablecoin sandbox program in July 2024 and planned to issue a stablecoin pegged 1:1 to the Hong Kong dollar.
10:13
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ECB Leadership Candidate de Cos Cautions on Inflation Risks from Energy Prices

According to Tagesanzeiger, Pablo Hernández de Cos, one of two potential successors to ECB President Christine Lagarde, cautioned on Saturday that policymakers should remain vigilant about inflation risks stemming from elevated energy prices. De Cos noted that second-round effects have not yet materialized, but added that expectations for a swift conflict resolution and subsequent energy price decline have not been realized, necessitating continued vigilance on inflation. He indicated that centr
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10:13
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Taiwan Biotech (6589) October Revenue Soars 288% Year-over-Year; EG1206A Targets 2027 Europe Launch

According to Taipei Biotech (6589), October revenue reached 270 million TWD, up 287.88% year-over-year, with cumulative revenue for the first 10 months of 2026 reaching 1.38 billion TWD, up 94.7% annually. The biotech firm attributed growth to CDMO contract manufacturing services and biosimilar drug royalty income. EG1206A has submitted marketing authorization applications to the European Medicines Agency as of late October, with filings planned to the FDA and Canadian Health Authority by year-e
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10:11
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Tesla Halts Cybertruck Production in Mid-2027, Sales Down 48% Year-Over-Year

According to CEO Elon Musk on Friday, November 6, Tesla will cease Cybertruck production at its Texas gigafactory around mid-2027 to make way for Cybercab expansion. Musk said Tesla will add an extra production shift to complete outstanding orders before dismantling the line. The decision reflects weak sales for the vehicle: Tesla sold 20,237 Cybertrucks in the US last year, down 48% from 38,965 units in 2024, far below Musk's original 250,000 annual target set at production launch in 2023.
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10:03
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ESA Discovers Signs of Volcanic Activity on Mars in Alba Mons Region

According to the European Space Agency, an international research team recently detected anomalous hydrogen chloride gas distribution and surface fissures in the Alba Mons region of Mars using the Trace Gas Orbiter. The findings suggest that Mars' interior may retain sufficient heat to support
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09:39
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Binance Tokenized Gold Trading Volume Hits Record $325M in Past 7 Days

According to analyst Darkfost, tokenized gold products on Binance saw trading volume exceed $325 million over the past 7 days, marking a new record. Daily volume peaked at $78 million during this period. Gold-backed products on the platform have accumulated over $8 billion in total trading volume
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