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.
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11:29
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Ukraine Imposes Sanctions on 95 Russian Targets in Missile Production, Military Supply Chain on October 24

According to Jin10 and Ukrainian presidential office, on October 24, President Volodymyr Zelenskyy signed an executive order implementing new sanctions against 95 Russian targets, including 51 individuals and 44 entities. The sanctions focus on Russia's missile production and military-industrial supply chain, targeting suppliers of raw materials and production equipment used to manufacture missiles including Iskander, Kalibr, and Kinzhal. The sanctions are now in effect.
11:27
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Electrum Releases v4.8.3 to Fix Critical Security Vulnerability

According to PANews, today (October 24), Electrum released version 4.8.3 to address a critical security vulnerability, urging all users to upgrade immediately. The Bitcoin wallet's GitHub repository marks the release as a security update dated October 23. Details of the vulnerability will be disclosed later, according to the official statement.
BTC-1.18%
11:23
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Netanyahu Requests Plan to Use Blockchain to Bypass Potential Sanctions on Israeli Economy

Israeli Prime Minister Benjamin Netanyahu said on October 24 that he has requested a plan examining blockchain as a potential tool to keep parts of Israel's economy operating if the country faces future banking restrictions or financial sanctions. Netanyahu identified blockchain as one option for establishing alternative economic channels capable of bypassing conventional international banking networks. No details have been disclosed regarding which blockchain networks might be considered, wheth
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11:17
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Bloomberg Expands Crypto Exposure Analytics to Support Basel Framework, Identifies 1,700 Funds

According to Bloomberg on October 22, the company expanded its Crypto Exposure Analytics tool to help institutions identify, classify, and report cryptocurrency and tokenized real-world asset exposures under the Basel Committee on Banking Supervision framework. The tool can penetrate through funds, equities, bonds, and derivatives to detect direct and indirect crypto risks. Bloomberg has identified approximately 1,700 funds that may fall within the framework's scope, with roughly half not explic
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11:16
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Aave Lowers USDT Rate Inflection Point from 94% to 92% on Ethereum Core Market

According to ChainCatcher, Aave adjusted USDT lending rate parameters on the Ethereum Core market at block 26,241,799, lowering the rate inflection point from 94% to 92% utilization. At 94% utilization, borrowing rates increased from 4.5% APR under the old curve to 7% APR under the new curve, a jump of 2.5 percentage points. The adjustment creates an additional buffer: the 92% utilization threshold leaves approximately 57.84 million USDT unborrowed compared to the previous 94% setting, tightenin
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AAVE-5.22%
ETH-1.16%
11:15
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RedotPay Acquires Japan-Licensed Crypto Exchange BTCBOX to Enable Compliant Services

According to ChainCatcher, RedotPay has acquired BTCBOX, Japan's crypto exchange, to provide services compliant with local regulations. The payment service provider previously lacked Japan's crypto asset exchange license and acknowledged its existing services to Japanese residents violated local requirements. RedotPay has suspended new user registrations in Japan and delisted its app from Apple and Google Play stores. BTCBOX, established in 2014 and licensed since 2017, paused operations followi
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11:14
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Nvidia's AI Cloud Financing Faces First Major Test as Neoclouds Plunge Over 30% This Month

According to CNBC, Nvidia's role as a financial backer for AI infrastructure companies is facing its first major stress test this month as credit markets tighten. CoreWeave, Nebius, and IREN—key neoclouds in Nvidia's portfolio—have all seen shares decline at least 30% in October, with CoreWeave's credit default swap spreads soaring past 11%. As of July, Nvidia had $36 billion in off-balance-sheet AI cloud agreements for neoclouds, plus a $105 billion guarantee on an OpenAI data center project in
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11:13
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Crypto Market Sees $493M in Liquidations Over 24 Hours, 192K Traders Hit on October 24

According to Coinglass data cited by BlockBeats, the crypto market saw $493 million liquidated in the past 24 hours on October 24. Long positions accounted for $351 million of liquidations, while short positions totaled $142 million. A total of 192,281 traders were liquidated, with the largest single liquidation occurring on Binance's ETHUSDT pair at $4.77 million.
11:13
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Sam Altman Warns AI Could Worsen Inequality, Calls for Limits on Self-Improvement Speed

According to a recent interview with YouTuber Matthew Berman, OpenAI CEO Sam Altman warned that unchecked AI development could exacerbate social inequality and called for global mechanisms to limit the speed of recursive self-improvement (RSI). Altman emphasized that AI's goal should be enabling human freedom and autonomy rather than merely making goods cheaper or more accessible. Altman noted that personal AI assistants like Dot can already save users approximately one hour daily by handling ro
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10:58
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Iran-Russia High-Level Talks Set for Next Week in Moscow

According to Russian satellite news agency Sputnik, Iran's Foreign Minister Araghchi affirmed talks with Russia's Foreign Minister Lavrov on October 24, with discussions centered on strengthening strategic relations and expanding political and economic cooperation across regional and global issues. Araghchi added that Iran's President Pezeshkian will continue consultations with Russia's President Putin in Moscow next week.
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10:57
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Swiss SMI Outperforms Euro Stoxx 50 by 8% in October as Defensive Stocks Gain Haven Status

According to Bloomberg, Switzerland's SMI index, which tracks the 20 largest and most liquid stocks, rose 4.6% this month while the eurozone's Euro Stoxx 50 index fell 3.2% over the same period. The 8-percentage-point gap represents the largest relative outperformance for the SMI since March 2020, as investors seek shelter in defensive Swiss equities amid European market turbulence.
10:54
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Italian Police Raid 150 Residences Ahead of Saturday Protests in Milan

According to Guardian, on October 24, Italian police raided 150 residences across Milan and other cities ahead of scheduled Saturday protests. The searches targeted multiple individuals, including 51 minors, suspected of planning to cause disruption during demonstrations. The protests, organized by Movimento 17 October (October 17 Movement), are planned for Milan, Turin, Rome, Bologna, Naples and other cities, with issues spanning high cost of living, school funding, and Palestinian solidarity.
10:49
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Malaysia, Thailand Join Singapore's BLOOM Digital Currency Initiative on October 23

According to Jin10 Data, Malaysia's central bank and Thailand's central bank formally joined Singapore's Monetary Authority's BLOOM cross-border digital currency initiative on October 23. The three nations will collaborate with financial institutions to streamline digital currency cross-border payments and fund transfers. Cooperation priorities include researching digital currency acceptance and settlement across jurisdictions, enabling interoperability of national payment systems, and strengthe
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10:39
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Succinct SP1 Vulnerability Patched: Versions 6.0-6.8.0 Could Accept Invalid Proofs

According to ChainCatcher, on September 24, Succinct patched a critical vulnerability in SP1 (GHSA-p7v2-jjv3-8p8f) affecting the native Rust Verifier versions 6.0 through 6.8.0. The flaw allowed the Prover Network to potentially accept invalid proofs because the validator only read dimension tags without verifying actual storage element counts matched the product of dimensions. Malicious provers could forge tags to bypass validation. Succinct released fix version 6.8.1, which adds deserializatio
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10:31
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Russia Deploys 3D-Printed Filin Cruise Missiles in Ukraine, Reaching 500mph with 745-Mile Range

According to Ukraine's military intelligence agency GUR, Russia deployed a new 3D-printed cruise missile called Filin in September and October 2026. The missile reaches speeds of 500 miles per hour and has a range of 745 miles, significantly faster than traditional drones like the Geran-5, which maxes out at 270 mph. The Filin costs substantially less than Russia's traditional Kh-101 cruise missile, which exceeds $2 million per launch. Ukrainian officials expressed concern that the lower cost co
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