Gate Crypto Flash News and Market Updates

According to Whale Alert, Bitfinex transferred approximately 450 million USDT to Tether Treasury in two transactions within 4 minutes on November 11 at 03:39-03:43 (Beijing time), worth around $450 million.

According to PANews citing Binance data, NVIDIA (NVDA) stock fell 7% intraday to $166.00 on November 11.

According to ChainCatcher, Texas Representative Ron Reynolds submitted HB 815 on the first day of pre-filing for the state's 90th legislative session, which would authorize each Texas city and county to invest up to $10 million in public funds into Bitcoin or other cryptocurrencies. The authorization would take effect on September 1, 2027. The $10 million cap applies individually to each municipality and county, not a statewide pool. The bill would amend the Public Funds Investment Act by adding

According to Financial Times, the U.S. Commodity Futures Trading Commission (CFTC) extended its review period for AI computing futures contracts by at least 60 days, postponing approval of such derivatives.

HIVE Digital Technologies added 79 Bitcoin (BTC) to its corporate treasury during the September quarter, lifting holdings 41.6% to 269 coins, according to its Nov. 9 results and SEC 10-Q filing dated Sept. 30. The company mined 1,070 BTC and sold 991 BTC across the period, maintaining a

According to Anthropic's S-1 filing disclosed on November 10, each of the company's seven co-founders plans to sell 3,378,378 shares, raising approximately $250 million at the IPO's midpoint pricing of $74 per share. At the low end of the price range ($70), each founder would receive just

LlamaRisk, Aave's risk management organization, recently proposed gradually exiting collateral from Aave V3 Core, involving approximately $1.33 billion in assets and supporting $1.03 billion in debt.

According to Initia's official statement on November 11, attackers exploited a leaked GCP key on November 9 to gain unauthorized access to Initia's infrastructure through command injection, subsequently compromising GitHub, GCP accounts, and the Anvil rollup custody platform. The attackers forged

According to PANews, cross-chain protocol Across announced on Nov 11 that it is investigating an abnormality with its domain. The project urges users to refrain from accessing the application, connecting wallets, or signing any transactions or approvals until further notice. Updates will be

On Tuesday, Elon Musk acknowledged that Grok 4.8 would not be as capable as Anthropic's Claude Opus 5.5, calling the competing model a "masterpiece." Musk said Grok 4.8 has completed pretraining and could begin a limited rollout to Bot users later this week after xAI rewrote its software stack. He p

According to Shana, a fire broke out on Iran's Pars gas field platform in the south, prompting the evacuation of personnel from the facility.

According to ChainCatcher, Coinbase CEO Brian Armstrong disclosed that the Base lending market has deposits totaling $7.49 billion and borrows of $2.65 billion.

According to Grayscale announcement on Tuesday (November 10), the asset manager committed $1 million to the Zcash ecosystem, with the first $400,000 disbursed as four $100,000 grants to Zcash Foundation, Pretty Good Policy, Shielded Labs, and Project Tachyon. Grayscale plans to reinvest all

According to GenLayer, the AI smart contract project has completed migration to Arbitrum technology stack, with Bradbury testnet now running on Arbitrum Nitro. Clarke testnet and mainnet will use the same tech stack going

According to market data, semiconductor stocks AMD and Coherent have each rallied approximately 29% since November 5, ranking as the top two performers among S&P 500 components. The broader rebound extends across AI-related infrastructure players: Broadcom gained 12%, Marvell rose 15%, and

According to Axios, on Tuesday, Jim Jordan, chairman of the House Judiciary Committee, was elected House Republican Minority Leader by the Republican caucus in a secret ballot vote, defeating Steve Scalise, the second-ranking House Republican. Jordan is a founding member of the House Freedom Caucus known for his hardline stance.

According to Stripe's announcement on November 11, the payments platform has completed its acquisition of OpenRouter, an AI model routing platform. The two companies will collaborate to help enterprises explore new business models and optimize token routing and usage. OpenRouter stated it

According to Bloomberg, Stripe completed its acquisition of AI model routing platform OpenRouter in August, with the deal valued at over $7 billion. Stripe announced on X that the two companies will collaborate to help enterprises explore new business models and optimize token routing and usage. Ope

SoftBank Group announced a $3.7 billion write-down on data center projects this week, including $2.85 billion in non-refundable advance payments to equipment suppliers for an 8-gigawatt facility in Ohio and other data center developments. The reduction triggered a selloff in power and equipment

According to BusinessWire, Oura announced on Tuesday, November 10, that it is acquiring AI-native primary care startup Counsel Health for $625 million. The acquisition comes weeks after Oura postponed its planned IPO citing market uncertainty. Counsel Health, an AI-powered healthcare platform