Gate Crypto Flash News and Market Updates

Onshore Chinese yuan (CNY) strengthened to 6.6660 against the U.S. dollar at Beijing open on October 28, up 10 points from Tuesday's close, with trading volume reaching 44.294 billion U.S. dollars.

According to Hedera CIO Gregory Bell, Distributed Ledger Technology (DLT) has been highlighted as a critical solution for banks managing AI agents handling customer funds. The immutable audit trail provided by DLT could offer the transparency and accountability that financial institutions and regulators require as they increasingly integrate AI into sensitive financial operations.

The Arbitrum Foundation announced its speaker lineup for ArbiVerse, scheduled for November 2 in Mumbai. The event will feature discussions on advancements in zero-knowledge (ZK) technology, privacy-gaining architecture (PGA), and artificial intelligence, according to an official tweet. The

At an analyst call on October 28, Phillips 66 Executive Vice President of Marketing and Commercial Business Brian Mandel said the company does not believe Russia has sufficient distillate fuel supplies to meaningfully impact U.S. oil prices. "Frankly, we don't think Russia has enough distillate to m

According to Odaily, the United States will release third-quarter GDP and September PCE data on October 29 at 8:30 a.m. ET. Markets are expecting GDP to grow 3.2% annualized, core PCE to rise 0.3% month-over-month and 3.1% year-over-year. The Federal Reserve voted 10-2 to hold interest rates at 3.75

According to CoinDesk, on Oct 29, CFTC Chair Mike Selig raised four regulatory questions about AI agents at the agency's AI forum, including whether developers need registration, who bears responsibility if an agent malfunctions, how regulators identify which entity an agent represents, and whether

Jeffrey Gundlach, the renowned bond investor known as the 'new bond king', recently stated that he allocates approximately 30% of his portfolio to equities, with all equity exposure positioned exclusively in equal-weight S&P 500 index

According to Pump.fun, on October 29, the Pump.fun app launched Hyperliquid perpetual futures trading, allowing users to trade over 300 markets including cryptocurrencies, stocks, and commodities directly using in-app USDC or SOL balances. Leverage ranges from

According to ChatGPT's announcement on X on October 29, users can now interact with OpenAI's Dot personal agent through iMessage or RCS text messages to assign tasks via text, images, or voice memos. Dot will also proactively send messages to sync task progress with users.
The feature is

According to Anthropic, this week the company launched a new suite of reporting tools designed to give enterprise customers granular insights into their AI spending and return on investment. The tools allow managers to view team workflows over specified date ranges, track outputs, costs, and

On October 28, Iranian Foreign Minister Abbas Araghchi stated that Iran's military is fully prepared to defend the country, but Iran continues to offer diplomacy an opportunity to succeed. According to his X post, Araghchi said Iran is in close and continuous contact with mediators to review ways to

According to U.S. Central Command, the claims reported by Iranian-controlled media in recent weeks alleging that merchant vessels encountered mines while transiting the Strait of Hormuz are false. CENTCOM stated that all internationally recognized primary transit corridors in the Strait of Hormuz ha

According to The Information, OpenAI plans to purchase Google's TPU chips, seeking to reduce its dependence on Nvidia, which supplies most of its AI hardware. The price, volume, and delivery timeline have not been disclosed, and neither company has confirmed the plan.
OpenAI began renting Google's

According to Axios, on October 29, Saudi officials conveyed to the White House that Tehran fears potential U.S. and Israeli bombing operations after the midterm elections. The kingdom requested that Trump avoid military action and instead allow more time for negotiations. The mediation, led by

Federal Reserve Chair Jerome Powell delivered key policy messages on October 28. Powell reaffirmed the Fed's unwavering commitment to delivering price stability with no "soft inflation target," explicitly anchoring the goal at 2% as measured by the Personal Consumption Expenditures (PCE) price

According to BlockBeats, Fed official Powell said on Oct 29 that he is closely monitoring South Korea's economy, stating his level of attention to Korea may exceed expectations.

According to ChainCatcher, Federal Reserve Chair Jerome Powell stated that the balance sheet working group's recommendations will be submitted to the Federal Open Market Committee (FOMC) in early 2027. The timeline marks a key step in the Fed's review of balance sheet

According to Turkey's Presidential Office, President Erdogan told Trump today that Turkey is closely monitoring the Strait of Hormuz and Yemen situation, and is working to resolve related issues through diplomatic

According to Delphi Digital, Hyperliquid is expanding its platform beyond crypto derivatives to include prediction markets covering oil, gold, stocks, and other asset classes. The move aims to boost trader engagement and retention across diverse markets. The platform, which averaged $71 million in m

According to Reuters, the U.S. Department of Justice is scrutinizing Nvidia's $12.93 billion acquisition of AI open-source platform Hugging Face on October 29, focusing on the deal's impact on AI industry competition and whether Nvidia could control key AI distribution channels and disadvantage