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
06:29
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Trump Administration Restricts China's Access to Nvidia Blackwell Chips Overseas; 7 Countries Set for Stricter Export Controls

According to Beating News, the Trump administration is finalizing new AI chip export control rules to restrict Chinese AI enterprises from remotely using Nvidia Blackwell and next-generation Rubin chips through overseas data centers, with the regulations expected to be announced this month. The new rules will subject non-U.S. companies operating data centers in Singapore, Malaysia, Thailand, Indonesia, Norway, Brazil, and South Africa to stricter chip export licensing requirements, requiring app
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06:27
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Tongxin AI Completes Hundreds of Millions of Yuan Funding, AGI Chip FPGA Prototype Verification Planned for December

According to Interface News, Tongxin AI completed hundreds of millions of yuan in seed and angel funding on November 12. Investors include Tsinghua Alumni Seed Fund, Beijing Institute for General Artificial Intelligence, Songling Technology, Pingzhi Information, Dark Matter AI, and Yuzi Zhuquan. Funds will be used for core architecture design and R&D prior to chip production. Founded in April 2026 by AI scientist and Tsinghua lecturer Zhu Songyun, Tongxin AI's first product targets inference chi
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06:27
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CME Energy, Precious Metals Show Divergence on November 11; Brent Crude, Natural Gas Trading Cools

According to Jin10, CME data on November 11 revealed divergence across energy and precious metals markets. Gold, silver, and copper saw trading volumes decline while open interest increased, signaling shift in market participation. In contrast, Brent crude oil and natural gas both posted declines in both trading volume and open interest, indicating cooling activity in these contracts.
06:25
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JNTC to Supply HDD Glass Substrates to Seagate Starting Q1 2027, Vietnam Factory Investment Reaches 550 Billion Won

According to ChainCatcher, South Korean glassmaker JNTC will supply hard disk drive glass substrates to Seagate, with production ramping at its Vietnam factory in the first quarter of 2027 and expanded shipments beginning in the second quarter. JNTC has completed production line construction at its third facility in Viet Tri, converted from a wearable and automotive glass factory, with annual capacity of 1.2 to 1.7 billion units. The company invested approximately 550 billion Korean won since la
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06:25
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Indonesian Rupiah Hits Record Low Against Dollar, Central Bank Intervenes on Multiple Fronts

According to Indonesian central bank statements on Thursday, the Indonesian rupiah hit a record low of 18,241 per U.S. dollar, falling 0.5% and breaking a previous low set in early June. The central bank said it is intervening in offshore forwards, onshore forwards, and spot markets, while also purchasing government bonds in the secondary market to stabilize the currency. Ten-year government bond yields rose 4 basis points to 7.66%.
06:24
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Burry Cautions Nvidia Faces Antitrust Risks, Competitive Advantage May Narrow in 5 Years

According to Guru Club, Michael Burry cautioned on November 12 that Nvidia faces potential antitrust risks and narrowing competitive advantages within five years. In a Substack post, the investor noted that while current market selloffs present short-term trading opportunities, the greater concern is tightened U.S. export controls and possible Department of Justice antitrust investigations. Burry warned that Nvidia's investments in AI companies with demanding terms resembles "near-mafia" behavio
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06:23
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UAnta Securities Q3 Revenue Surges 128% to 1.63 Trillion Won Amid Market Volatility

According to UAnta Securities quarterly report disclosed on November 12, the company's third-quarter operating revenue reached 1.63 trillion won, surging 128.2% year-on-year. Operating profit rose 37.2% to 536 billion won, while net profit increased 46.4% to 436 billion won. Financial product evaluation and disposal gains jumped 147.7% to 1.0227 trillion won, marking a record quarterly high driven by wealth management capabilities across funds, bonds, and equity-linked securities.
06:17
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Whale Sells 6,532 ETH at Average Price of $2,085, Realizing $3.1M Loss

According to Lookonchain, a whale address sold 6,532 ETH at an average price of $2,085 approximately 10 hours ago, realizing about $13.62 million. The address had purchased 5,105 ETH at an average price of $2,691 about a month ago, worth approximately $13.74 million, resulting in a loss of
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ETH-0.76%
06:15
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Georgia Residents Sue OpenAI Over $20B Data Center on November 6

According to Tom's Hardware, residents in Effingham County, Georgia sued OpenAI and local county officials on November 6, alleging the company and officials secretly advanced a $20 billion data center project. The lawsuit was filed under Georgia's racketeering statute, with plaintiffs seeking
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06:09
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Baidu Unveils Tianchi 1024-GPU Supernode, Plans Market Launch Next Year

According to ChainCatcher, Baidu unveiled the Tianchi 1024-GPU Supernode on November 12 at the Baidu World 2026 conference, planning to bring it to market next year. The supernode uses optical interconnect technology to link 1,024 GPUs, with inter-GPU bandwidth increased 3x and training
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