Gate Crypto Flash News and Market Updates

According to BlockBeats, Acala and Karura submitted governance proposals on November 11 to halt their respective Polkadot and Kusama networks on February 10, 2027, after approximately seven years of operation. The teams cited insufficient DeFi liquidity depth and unsustainable operating costs as

According to Guru Club, Xinhui Technology (6667), a Taiwan-listed semiconductor equipment and facilities engineering company, reported third-quarter 2026 consolidated revenue of NT$2.428 billion, up 44.91% quarter-on-quarter and 45.93% year-over-year, with net profit attributable to parent of NT$409

Spot silver rose $1.00 per ounce intraday to $52.53 per ounce, a gain of 1.94%.

According to BlockBeats, on November 11, police in Dezhou, Shandong province dismantled a cross-provincial extortion ring. The criminal group impersonated environmental inspectors and reporters, using drones to film aquaculture farms and post negative videos, then coercing farmers to pay for

According to BlockBeats, on Nov 11, David Schwartz, former Chief Technology Officer of Ripple, stated he has liquidated nearly all his cryptocurrency holdings due to low risk tolerance. His positions dropped from approximately 26 million XRP, 1,500

According to pseudonymous trader washed, a Wednesday essay argues that crypto Twitter (CT) incentives have shifted from hunting trading opportunities to monetizing followers and influence. The claim that the public timeline is "finished" reflects where rewards for information now sit. On-chain

Taiwan-based networking equipment manufacturer Taiyang Tech (2314) announced on November 11 that it will be delisted from the Taiwan Stock Exchange effective December 21, 2026, after its third-quarter financial report showed negative shareholder equity of

According to ChainCatcher, Ctrip announced last week a company-wide rollout of a DRI (Directly Responsible Individual) system that merges product, engineering, and operational teams across project-based structures. The initiative aims to blur traditional functional boundaries and empower cross-functional collaboration, where any team member—regardless of role—can propose and execute ideas independently. A DRI lead, appointed from any function (product, operations, or technical background), has f

According to ChainCatcher citing Coinglass data, the Crypto Fear and Greed Index stands at 30 today (November 11), down 1 point from yesterday, signaling a panic state in the market.
The 7-day average of the index is 32, while the 30-day average is 46, indicating elevated volatility relative to

According to Morgan Stanley's prime brokerage business team, global equities hedge funds underwent their most severe de-risking in over a decade during the first week of November, with widespread position liquidations sweeping across markets. In Asia, hedge funds employed dual tactics—reducing

According to on-chain analyst Ember, an Ethereum whale purchased 6,087 ETH at an average price of $2,031 on November 11, spending approximately $12.36 million. The same wallet had sold 5,368 ETH at $2,739 on September 22 for about $14.70 million, representing a 25.8% price decline between the two

According to Wall Street Journal, OpenAI's third-quarter revenue reached $10 billion, up approximately 50% from the prior quarter, but operating losses widened from $10.1 billion to $10.9 billion during the same period. The company's adjusted operating margin improved from negative 150% in Q2 to negative 109% in Q3, according to documents obtained by WSJ.

Taiwan Glass (1802-TW) saw October revenue surge 56.49% year-over-year on strong shipment momentum from its high-end fiberglass cloth business, exceeding market expectations. The stock soared to the daily limit of 76.7 TWD on November 11 with volumes reaching 2.6 million shares amid sustained

According to Moody's latest macroeconomic outlook, global economic growth is expected to decelerate from 2.8% in 2025 to 2.6% in 2026, then stabilize around 2.6% in 2027 and 2028. Developed economies are projected to grow about 1.7% next year, while emerging markets growth is expected to slow from 4

According to Coinglass data, 40 million USDT were transferred from Binance to an unknown wallet on November 11 at 12:19 UTC.

According to ChainCatcher, Silicon Valley engineer 3X Long Labubu purchased Anthropic shares at an $18 billion valuation during FTX's bankruptcy liquidation sales. Financial Times reported that Anthropic underwriters are preparing to raise the IPO price to above $70–78 per share, with an estimated v

According to ChainCatcher, Alma, a local AI Agent developed by independent developer Yetone, achieved a 72.7% task pass rate in Runta's FrontierHarness v1.1 benchmark, ranking third and surpassing Claude Code's 70.0%. Alma's cost per successful task completion is approximately $0.80, compared to Claude Code's $0.94, representing a 16% cost advantage. The latest benchmark tested 21 Harness configurations, 5 large language models, and 62 tasks, with 26,040 total runs—72 times the scale of the prev

According to ChainCatcher, on November 10, German solar equipment manufacturer SINGULUS TECHNOLOGIES announced a contract with SpaceX to supply a heterojunction (HJT) solar cell production line. The first production line order exceeds €60 million, with delivery planned for the first half of 2027. Th

According to Security Times, Lenovo launched its Wanquan Hybrid Token Factory on November 10 in Zhangjiakou, Hebei, aiming to commercialize AI token production and computing power scheduling. The platform operates as a middle layer within Lenovo's three-tier architecture: Wentian (infrastructure

According to Cunchai, its FaceMe facial recognition SDK has completed optimization for Intel Core Ultra Series 3 processors (codename Panther Lake) as of November 11, achieving up to 20x performance improvement through integrated iGPU acceleration with OpenVINO. On the Intel Core Ultra X7 358H processor running the ultra-high precision UH10 model on 1080p video, the iGPU mode processes 217.9 frames per second compared to 11.1 fps in CPU mode, representing a 20x gain; versus Intel Core i5-1235U (