Gate Crypto Flash News and Market Updates

According to the U.S. Central Command, today marks the 100th day of resumed naval blockade operations against Iran, known as the "Steel Wall" initiative. The blockade has prevented at least $25 billion in Iranian crude oil exports and restricted Iran's Islamic Revolutionary Guard Corps' ability to fund proxy militias, criminal networks, and terrorism activities. Beyond U.S.-authorized humanitarian assistance, Iran has conducted no exports or imports via sea routes since the blockade began.

According to Odaily, Relay responded to cross-chain performance questions on X platform, stating that its platform serves thousands of developers across wallet, payment, real-world asset, prediction market, perpetual trading, and trading applications. Relay claims its platform ranks among the best in transaction latency, reliability, and settlement rates, with data coverage of approximately 100 times the trading volume of comparable services, larger order sizes, more routing options, and additio

According to Cointelegraph, prediction market platform Underdog has partnered with crypto infrastructure provider zerohash to enable cryptocurrency and stablecoin deposits later this year. Eligible users will be able to deposit supported digital assets directly through the Underdog app with near-instant transfers available around the clock. The new deposit method will complement existing options including debit cards, credit cards, Apple Pay, and bank transfers, with users not required to manage

According to Gate data, Brent crude oil (XBRUSD) broke through $114 per barrel, now trading at $114.03, up 3.5% in the past 24 hours.

According to company filings this week, Union Pacific Railroad (UNP), Norfolk Southern Railway (NSC), and CSX Corporation reported significant increases in third-quarter profits and revenue. Railroad executives attributed the gains to elevated fuel costs and tight truck capacity, which are directing freight from highways to rail, thereby boosting rail companies' business and margins.

According to @SlowMistTeam, WAX recently incurred a loss of approximately $90.5K due to a technical vulnerability in its eth.token::withdraw function. The flaw allowed attackers to bypass fee checks and withdraw funds without proper fees being enforced. The incident highlights security concerns with WAX's multi-chain bridge infrastructure and could impact user confidence in the platform's security protocols.

According to mpost.io, Fhenix launched its encrypted computation infrastructure on Ethereum and Arbitrum on October 22, 2026. The CoFHE coprocessor uses fully homomorphic encryption (FHE) to enable smart contracts to process data without exposing underlying information publicly. A key feature is Fhenix's dual-mode token design, allowing assets to switch between public and confidential modes in a single transaction without wrapping or cross-chain movement. Fluton and Alpha Engine are among the fi

According to Brazil's state oil company PPSA, eight major mining, steel, and petrochemical companies including Vale, CSN, Gerdau, Braskem, Samarco, Ternium Brasil, Evonik, and Ingredion secured natural gas supply in an auction held Thursday. The auction marked PPSA's first direct sale of state-owned natural gas to end users, with all 1.1 million cubic meters of daily supply distributed across 110 contract blocks awarded to key industrial gas consumers. PPSA's president stated the ten-month suppl

According to the Czech National Bank (ČNB), licensed cryptocurrency service providers still present fraud risks to investors, despite regulatory licensing requirements. The ČNB issued the warning recently after public feedback and regulatory investigations identified common fraud traps in the crypto market. The bank emphasized that licensing alone does not eliminate fraud risks and urged investors to conduct thorough due diligence when engaging with crypto services.

On Oct. 22 (Thursday), Brent crude jumped 2.6% to $111.66 a barrel, its highest level in five months, as the Nasdaq fell 1.5% and the S&P 500 lost 0.8% by mid-morning in New York. The selloff extended across Asia: South Korea's Kospi fell 3.52%, Japan's Nikkei 225 dropped 2.65%, and Hong Kong's Hang Seng lost 3.03%, following the Kospi's 7.57% plunge on Oct. 15. The 10-year Treasury yield rose to 5.03%, up from 3.97% before the Iran war.

Ukrainian President Volodymyr Zelenskyy said on October 22 that he hopes to hold talks with U.S. Secretary of State Marco Rubio over the next few days to discuss Starlink-related issues.

According to Reuters and three sources, at a recent earnings call Nickel Industries' executive Justin Werner stated that all operations within Indonesia's Morowali Industrial Park (IMIP) will implement coordinated production cuts, though he did not disclose the specific percentage. The company indicated that producers plan to halve mixed hydroxide precipitate (MHP) output, an intermediate product used in electric vehicle battery chemicals, and reduce nickel pig iron (NPI) production by 20 percen

According to ChainCatcher, Pump.fun announced stop-profit and stop-loss order features for EVM-chain trading today, expanding across Robinhood, BSC, Base, HyperEVM, Arc, and Ink networks. The feature previously launched on Solana in September.

According to Grayscale's official announcement on October 21, the asset manager expanded its digital investment platform to allow eligible investors to exchange XRP, Solana, Dogecoin, and seven other cryptocurrencies directly for shares in its funds, eliminating the need to convert tokens to cash first. The in-kind subscription offering covers ten exchange-traded products, with minimum contributions ranging from approximately $80,300 for Solana to $364,800 for Bitcoin. The initiative enables inv

According to Jin10, Iran's Parliament Speaker Mohammad Baqer Kalibaff warned on October 22 that if the United States believes war with Iran is advantageous, it would be gravely mistaken. He stated the conflict would result in severe consequences for America, including stock market collapse, downed military aircraft, increased debt, accelerated inflation, and soldier casualties, all impacting American society. Kalibaff added that the U.S. is not obligated to pursue this path but must accept full

According to Odaily, Albuquerque's ban on cryptocurrency ATMs and counter-assisted crypto trading took effect on October 22, requiring operators to immediately cease operations and remove equipment by December 5. Violators face daily fines of $500, potential loss of business licenses, and possible business closure. The ordinance does not restrict residents from legally holding, mining, or privately transferring cryptocurrency through internet exchanges and digital wallets. According to CFTC data

According to Onchain Lens, BlackRock's ETF wallets received 384.77 Bitcoin worth $31.4 million and 6,334 Ethereum worth $15.19 million from Coinbase Prime, totaling $46.59 million in purchases. Separately, BlackRock transferred 18,098 Ethereum worth $43.6 million from its ETHA and ETHB ETF wallets to Coinbase Prime.

According to Stellar's official announcement, the blockchain platform partnered recently with U.S. Bank to discuss a stablecoin pilot initiative. Jamie Walker, Head of Digital Assets at U.S. Bank, and Denelle Dixon of Stellar led discussions on the bank's stablecoin pilot, emphasizing blockchain adoption in institutional finance. The collaboration aims to unlock new capabilities in digital finance and reflects growing institutional interest in blockchain technology for payment systems.

According to Binance, the exchange announced that bStocks collateral valuation will operate around the clock, supporting dynamic updates to the collateral index price. The move aims to enhance trading efficiency for users by providing more accurate and timely pricing information.

According to Chainlink's October 21 quarterly report, over $15 billion in token value migrated to the company's Cross-Chain Interoperability Protocol (CCIP) during 2026, while LINK traded near $12.24 on October 22. The cryptocurrency retreated from an October high near $15.70, representing a decline of roughly 22% despite institutional adoption expansion. Chainlink's CCIP now secures over $85 billion in cross-chain token value. BitGo alone migrated $7.7 billion in Wrapped Bitcoin infrastructure