Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
13:47
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THORChain to Execute v3.21 Upgrade on October 23, Fixing Rujira FIN Contract Vulnerability

According to ChainCatcher, THORChain will execute its v3.21 upgrade on October 23 at block height 28,366,100, fixing a vulnerability in Rujira's FIN contract and enabling the app layer to restart. The upgrade will restore trading, lending, borrowing, and automated trading functionality on Rujira. Rujira disclosed that the vulnerability was discovered on September 26, when an attacker transferred a custom concentrated liquidity position without holding the required collateral. Only Rujira's own p
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13:47
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Crypto.com and Novig Operators File Federal Lawsuits on October 16 Against Missouri Prediction-Market Crackdown

According to Bitcoinist, on October 16, operators linked to Crypto.com and Novig filed separate federal lawsuits in Missouri challenging the state's crackdown on sports prediction contracts. North American Derivatives Exchange, behind Crypto.com's prediction offering, filed in the Western District, while Ludlow Exchange, operated by Novig, filed in the Eastern District. Both companies argue that federally regulated event contracts fall under CFTC oversight, not state gambling rules. Missouri Att
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13:42
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Polygon Completes Coinme Acquisition, Targets Payments Profitability in 2027

According to Polygon's official announcement on October 14, Polygon Labs has completed its acquisition of Coinme, a U.S.-regulated cryptocurrency payments provider. The acquisition positions Polygon to operate its own regulated payments business and capture revenue from payment processing and currency conversions. CEO Marc Boiron stated that the regulated payments operation is expected to become profitable in 2027. The move integrates Coinme's capabilities with Polygon's Open Money Stack framewo
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13:31
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Amazon Launches TorchNeuron Tool to Run PyTorch Code on Trainium Chips Without Modifications

According to Uanalyze, Amazon announced TorchNeuron today (October 19), a software tool that allows developers to run PyTorch AI code on Amazon's Trainium chips without rewriting code—only adjusting a single configuration is required. The tool aims to reduce friction for developers transitioning from Nvidia GPUs to alternative chips. Annapurna Labs, Amazon's chip design division, said TorchNeuron will be open-sourced for free, with over 30 early customers already using it across robotics, world
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13:31
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Binance Alpha Launches Second Wave of Concrete Airdrop, 255 Points Required to Claim 87 CT

According to Odaily, Binance Alpha launched the second wave of Concrete (CT) airdrop on October 19. Users holding at least 255 Alpha points can claim 87 CT tokens via the Alpha activity page. If rewards are not fully distributed, the point threshold will automatically decrease by 5 every 5 minutes. Claiming the airdrop consumes 15 Alpha points, and users must confirm their claim within 24 hours or forfeit the reward.
13:30
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Gate Completes Dividend Settlement for 88 U.S. Stocks and ETFs with Ex-Dividend Dates from October 13–16

According to Gate, the platform has completed dividend settlement for 88 U.S. stock and ETF targets with ex-dividend dates from October 13–16, 2026. Dividend payments in USDT were automatically distributed to users holding the respective stocks during the snapshot period, with no user action required. Representative stocks covered include Intuit (INTU), Thermo Fisher Scientific (TMO), Mondelez (MDLZ), Monolithic Power (MPWR), and Lam Research (LRCX), spanning sectors including technology, semico
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13:29
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France's CAC 40 Hits 13% Valuation Discount vs DAX on Monday, Largest Since 2009

On Monday, France's CAC 40 index hit a valuation discount exceeding 13% relative to Germany's DAX index, marking the largest gap since early 2009, according to market data. The widening spread reflects investor withdrawal from French equities amid political turmoil and weekend street violence. Rising government debt and uncertainty surrounding next year's presidential election have further pressured investor confidence.
13:29
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Richard Heart Detained in Istanbul; HEX Tanks 60%, PulseX and PLS Plunge on Founder News

Turkish police detained Richard Heart (Richard James Schueler) in Istanbul today under a Finland-requested Interpol Red Notice linked to a suspected aggravated tax fraud investigation, according to reports. HEX fell nearly 60%, PulseX dropped 49%, and PulseChain's PLS token lost close to 36% following the news. Finnish authorities have reportedly investigated Heart over suspected aggravated tax fraud related to income from June 2020 through April 2024, with potential unpaid taxes estimated in th
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13:25
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Nine Public Companies Object to OKX-ICE Tokenized Stock Platform

According to a notice from OKX and ICE on Thursday, nine listed companies have formally objected to having their shares tokenized on the proposed platform backed by OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The objecting companies are Cerebras Systems, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon Communications, Applied Optoelectronics, Broadcom and UnitedHealth Group. Under the SEC's September 17 innovation exemption, tokenized venu
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13:23
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Ethylene Glycol Options Surge 114% on October 19, Highest Gain Among Commodity Futures

According to Jin10 Futures, as of 21:20 on October 19, ethylene glycol options posted the largest gains among major commodities. Ethylene glycol 2611 put options at 4,500 strike surged 114.29%, trading at 7.5 yuan per ton. PVC 2611 call options at 5,000 strike rose 57.89%, reported at 15.0 yuan per ton. Ethylene glycol 2611 put options at 4,800 strike climbed 56.06%, at 51.5 yuan per ton. (Changes calculated from previous close for reference only.)
13:22
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CFTC to Allow Spot Crypto Leverage Trading on Exchanges at Up to 7x Leverage

According to Foresight News, CFTC chair Michael Selig said in a recent Bankless podcast appearance that if the Reg CTX rule is finalized, exchanges will be permitted to offer retail users margin, leverage, and financing trades on crypto spot assets such as ETH and SOL. Margin requirements will be negotiated between exchanges and the CFTC and aligned with perpetual futures markets, currently around 7x maximum but not a hard floor. Selig targets finalizing Reg CTX within months.
13:22
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DTCC and Stellar Target First Half of 2027 for Tokenized Securities Launch

The Depository Trust & Clearing Corporation (DTCC) and Stellar Development Foundation have announced plans to connect DTCC's asset tokenization service to the Stellar public blockchain, targeting the first half of 2027. The integration would allow eligible securities held through established custody arrangements to be represented as digital tokens on Stellar while maintaining asset lifecycle management and investor protections. Potential asset classes include major exchange-traded funds, Russell
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13:22
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SkyAI Launches $201.3M Cash Tender Offer at $3 Per Share on October 16

According to Foresight News, Nasdaq-listed SkyAI (SKYA) launched a cash tender offer on October 16 at $3 per share to acquire up to 95% of issued common stock, cash pre-financing warrants, crypto pre-financing warrants, and strategic warrants. If fully subscribed, the total offer size is approximately $201.3 million. The offer expires on October 30 at 12:00 p.m. As of October 16, SkyAI held approximately $223.8 million in cash and has liquidated its entire SOL holdings. The tender offer is no lo
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