Gate Crypto Flash News and Market Updates

According to PANews, Gonka, a decentralized AI compute network, processed 3.5 trillion AI tokens in October 2026, marking a significant increase from over 1 trillion in September, with a daily average of approximately 113 billion tokens. The Gonka Foundation has completed legal registration and will function as an independent nonprofit organization supporting protocol development, providing legal representation, and coordinating partnerships. Co-founder Daniil Liberman confirmed the team is curr

According to Odaily, trader Ansem closed part of his short position today. While mainstream cryptocurrencies have not yet shown a clear technical bottom, Ansem believes the market may have already reached a sentiment bottom, noting he has rarely witnessed such intense despair in market sentiment.

According to BlockBeats, Ethereum fell to $2,003.7 on November 9, marking a 10.2% decline from approximately $2,230 at the time of an earlier warning. The drop breached the $2,125–$2,150 liquidation-dense zone that previously held around $130 million in potential long liquidations. During a single-minute drop from $2,158.6 to $2,058.5, approximately $118 million in long positions across two associated addresses were forcefully liquidated, resulting in cumulative losses of about $27.18 million, a

According to Japan Petroleum Association (PAJ), commercial crude oil inventories declined to 10.083 million kL as of November 7, down 285,761 kL from the previous week. Meanwhile, the BPSD (barrels per stream day) refinery utilization rate fell to 83.7% from 84.2%, while BPCD (barrels per calendar day) utilization rate decreased to 73.8% from 77.1%.

According to SoSoValue data, Ethereum spot ETFs experienced total net outflows of $13.168 million yesterday, November 10. The largest single-day outflow came from Grayscale Ethereum Mini Trust ETF, which saw net outflows of $19.618 million.

According to CNBC, U.S. Treasury Secretary Scott Bessent announced Tuesday that Washington and Beijing have established a new dialogue mechanism on artificial intelligence, or "super intelligence" (SI), aimed at managing shared risks and preventing misunderstandings between the two nations.
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Across Protocol regained control of its across.to domain on Wednesday after a social engineering attack on registrar Namecheap hijacked the domain at approximately 18:45 UTC on Tuesday. The protocol was alerted within 15 minutes and immediately worked with SEAL911 and Cloudflare to block access to t

Trust Wallet stated on November 11 that its iOS users are not affected by the worse_query vulnerability. The wallet provider noted that it never stores users' seed phrases or private keys in plaintext, with each wallet encrypted on the user's device and protected by built-in security

According to China Times, Chung Lei (5388) reported record third-quarter revenue of NT$21.83 billion (up 48% year-over-year) on November 11, driven by growing broadband equipment demand and improved product mix. The company posted gross margin of 12.8%, operating margin of 3.8%, and earnings per

According to KeyBanc analyst John Vinh, Micron stock has declined 36% from October highs, closing at $725.11 on November 10. Despite the selloff since October 1, Vinh reiterated a $1,750 price target on Monday, implying

According to SafeDep, a security firm, malicious code hidden in version 14.4.2 of the fragment-api-py Python package stole cryptocurrency from user wallets between November 8 and 10. The package integrates with Telegram's Fragment trading platform. The attacker disguised the malicious code as a

According to Forward Industries' official disclosure on November 10, the Nasdaq-listed company (FWDI) held 8,727,694 SOL as of November 9, up 226,396 tokens from September 30. The company priced the added SOL at an average cost of $75 per token, representing a 2.7% increase over roughly 40 days. The

According to a Japanese brokerage, M31, a Taiwan-based IP semiconductor company, saw its 12-month target price cut to 550 TWD from 645 TWD today, but the analyst maintained a buy rating. The brokerage lowered its 2026-2027 earnings per share forecasts by 14-43% due to lower-than-expected scale and o

According to Seiji Katsurahata from Daiichi Life Research Institute, stronger-than-expected U.S. inflation data on November 11 sparked speculation about a 50 basis point Fed rate hike in December, but the economist said such expectations are overblown. As market expectations stabilize around a 25 ba

According to IT之家, Alibaba released Qwen Code 1.0 on November 11, merging Qoder and Qwen Code as open source. The new version integrates Harness capabilities from Qoder into Qwen Code, available as a Preview release, providing developers with an embeddable Agent runtime foundation. Qwen Code 1.0