Gate Crypto Flash News and Market Updates

According to Cointelegraph, LNbits released emergency patch version 1.7.0 on Nov 11 after a security vulnerability allowed attackers to steal user funds. The Bitcoin Lightning Network wallet platform urged users to update immediately and reset wallet credentials, cautioning that the flaw affects all

According to ChainCatcher, Plume's broker-dealer Kimber Digital Securities has received membership with the Financial Industry Regulatory Authority (FINRA) and completed registration with the U.S. Securities and Exchange Commission (SEC). The firm plans to enable investors to hold

According to market data, Monero (XMR) fell 3.57% to $562.21 over 24 hours as of Wednesday 00:11 UTC, with live data at press time putting the token near $559 for a 4.1% daily loss. The decline outpaced Bitcoin, which slipped 0.28% over the same period, while the overall crypto market fell 0.70%. XM

According to Allora's official announcement on November 11, the decentralized AI network postponed token unlocks for core contributors and supporters by six months. The first unlock, originally scheduled for November 11, 2026, has been rescheduled to May 11, 2027. On that date, 50% of allocations (a

According to China Times, Foxin (2405) reported improved Q3 operating performance with consolidated revenue of NT$485 million, up 8.6% year-over-year, and after-tax net profit of NT$13.7 million, representing a turnaround

According to Guru Club, Democrats took control of both the U.S. Senate and House in midterm elections held on November 3, 2026. Democratic gubernatorial candidates in Texas, Georgia, and Ohio—key data center hubs—won on platforms promising stricter AI regulations. The Texas governor-elect pledged to

China's central bank conducted 187 billion yuan in overnight reverse repurchase operations at an interest rate of 1.25% today (November 11). The central bank achieved a net liquidity withdrawal of 30 billion yuan through today's open market operations.

According to Yonhapinfomax, Kakao CEO Jung Shin-a and Kakao X CEO-designate Kim Do-young are holding investor relations meetings with more than 10 overseas institutional investors in Hong Kong and Singapore on November 11-12. The roadshow aims to explain the rationale behind the upcoming corporate s

Telegram CEO Pavel Durov said on X platform today that GRAM token gained 8% to $1.12 in 24 hours amid a broader cryptocurrency market downturn. Durov called GRAM "the only token native to a real social ecosystem" and claimed it is "severely undervalued," adding the token should rank in the top

According to Business Insider and Benzinga, on November 11, Dan Ives, senior managing director at Yorkville Ives, stated in an investor report that Nvidia's market value could decline 25% to 30% if Jensen Huang is removed as CEO. Ives cited Wall Street estimates suggesting a 15% probability of the b

According to China Foreign Exchange Trade System, on November 11, the USD/CNY mid-price reached 6.7191, up 24 pips, marking a depreciation of the yuan. The EUR/CNY mid-price fell 219 pips to 7.4852. Other major currency pairs also shifted: GBP/CNY declined 392 pips to 8.9500, and AUD/CNY

According to James Son, chief market strategist at Wellington Altus, on November 10, the Federal Reserve risks triggering a recession by tightening policy further despite softening inflation pressures. Son criticized on social media the potential for a December rate hike of 50 basis points (bp),

According to Goldman Sachs analysis reported by Guru Club, Anthropic's revenue is projected to reach $685 billion by 2030, representing a nearly 150-fold increase from 2025's $4.59 billion. Goldman Sachs estimates the company's computing infrastructure spending will exceed $400 billion by 2030,

According to The Block, on November 11, a federal judge in New York rejected Novig's preliminary injunction request aimed at blocking the state from shutting down its sports prediction market service. The court ruled that Novig's event contracts do not qualify as "Swaps" under the Commodity

According to BlockBeats, BitMine (BMNR) reported on November 11 a net loss of approximately $6.313 billion for the fiscal year ending August 31, 2026, compared to a $349 million net profit in the prior year. The loss was primarily driven by unrealized losses on digital assets, with the company

According to RootData, South Korea's KOSPI Composite index rose to 5,236.91 points intraday today (November 11), up 0.5% from the opening level of 5,209.71 points.