Gate Crypto Flash News and Market Updates

According to ChainCatcher, Zhenfund, an early-stage venture fund, recently launched Ask AI on its official website, enabling entrepreneurs to inquire about portfolio companies, investment focus areas, and relevant events. The fund has compiled public information—including investment team details, portfolio companies, sector focus, startup activities, and contact information—into a bilingual Chinese-English Markdown file. Users can access the AI through Kimi, ChatGPT, Claude, or DeepSeek, with th

According to The Block, on October 23, the Ethereum Foundation announced a postponement of the Glamsterdam upgrade originally scheduled for October 26 on the Hoodi testnet to conduct further review of EIP-8037 interactions with mainnet smart contracts. The new activation date has not yet been announced.

Microsoft co-founder Bill Gates warned today (October 23) that artificial intelligence will cause approximately 20 years of economic and social disruption globally. He emphasized that while he is not an AI doomsayer, current policy responses are not keeping pace with rising risks, expecting cybersecurity threats and labor market impacts to emerge first within 2-3 years. Gates noted that AI will affect not only routine automation but also white-collar workers dependent on knowledge-based tasks. H

According to BlockBeats, Chinese robotics firm Unitree Technologies surged the daily 20% limit up on Oct 23, trading at 624 yuan with over 4 billion yuan in trading volume. The stock has climbed more than 46% so far this week.

According to Arkham data, ether.fi's team-marked address transferred 3.5 million ETHFI tokens worth approximately $2.28 million today. The same address previously received 1.255 million ETHFI around 12 months ago, believed to be associated with a vesting smart contract. Combined, ether.fi now has approximately 5 million ETHFI tokens available for unrestricted use and currently unstaked.

According to Nomura Securities, South Korea's third-quarter GDP is expected to grow 1.6% quarter-on-quarter, significantly higher than the firm's previous forecast of 0.1%. Meritz Securities also raised its forecast to 1.3%, citing third-quarter export volumes that surged 72.2% and exceeded expectations. Both forecasts substantially exceed the Bank of Korea's August projection of 0.3% growth. Market participants expect growth will likely remain in the 0.5–1.0% range, with weak consumer spending

According to PANews, Kimi (Dark Matter AI) unveiled its latest large language model, K3.1, today, accompanied by teaser videos for the release.

According to BlockBeats, Binance Wallet web version developer Jackson.ll warned on October 23 that enabling Agent developer mode allows signing unverified contract transactions, posing potential risks. He advised users to either close the mode after trading or wait for verified developer products. The warning came as multiple exclusive Binance Agent wallet projects have emerged recently, with some requiring developer mode activation.

According to Guru Club, on October 23, China's stock index futures contracts posted broad gains today. The Shanghai-Shenzhen 300 Index futures (IF) main contract rose 1.46% to 4046.8 points, while the SSE 50 Index futures (IH) gained 1.14% to 2715.6 points. The CSI 500 Index futures (IC) advanced over 1.00% to 6687.4 points, and the CSI 1000 Index futures (IM) climbed 0.78%, touching 6600 points.

Apple's $2,000 foldable iPhone Duo officially launched on Friday, with customers lining up overnight to purchase the device, mirroring scenes of high demand seen at Apple stores in the past. The Duo represents the most significant redesign for the iPhone in nearly two decades and marks a major bet by Apple to establish a foothold in the historically niche foldable smartphone market.

According to Financial Times, California pension fund Calpers reduced its direct holdings in the so-called "Magnificent Seven" tech stocks by a combined 26% in the first half of 2026, according to Calpers Deputy Chief Investment Officer Anton Orlich. The fund shifted capital into private equity across hundreds of companies to diversify equity risk. The seven stocks are Apple, Microsoft, Alphabet Inc., Amazon, Nvidia, Meta Platforms Inc., and Tesla.

According to CoinGecko, Upbit's 24-hour trading volume reached approximately $897 million, down 27.9% from the previous day. The top traded pair by volume was AXIS/KRW at 9.76% of total volume, followed by IRYS/KRW at 8.94%.

According to ChainCatcher, OKX perpetual ETH posted approximately $5.14 million worth of buy orders (2,140.22 ETH) at the $2,400 price level, representing a 0.17% pullback from the mid-price of $2,404.06 at the time. On the same order book, OKX perpetual near-term buy orders totaled approximately $29.12 million while sell orders reached $28.58 million, with net long positioning of about $0.54 million.

According to PANews, Yushu Technology surged more than 16% intraday on October 23, breaking through 600 yuan per share, with weekly gains exceeding 40%.

Robinhood Markets secured authorization from the Dubai Financial Services Authority (DFSA) on October 22, 2026, to establish its retail investment platform in the Middle East. The company will set up its regional headquarters in the Dubai International Financial Centre (DIFC) and plans to launch its product suite in 2027. The authorization permits Robinhood to arrange investment transactions and custody services across 10 DFSA-recognized asset classes, including cryptocurrencies, equities, excha

According to blockchain investigator Darcy, CoinDCX addresses transferred approximately $15.99 million in USDT and 5,783.81 TRON (TRX) tokens on October 21. The funds were subsequently distributed to accounts associated with Binance, OKX, and Gate. CoinDCX denied allegations of a fresh security breach, maintaining that the flagged addresses were abandoned following a July 2025 attack that cost the company $44.2 million. However, blockchain intelligence firm Bitquery challenged that claim, noting

According to Lido Finance's official announcement on X, the platform is emphasizing the critical role of a robust validator landscape for Ethereum's decentralization and security. The company will host a panel discussion focused on ValOS on October 29, bringing together experts from multiple organizations to discuss strengthening validator operations and enhancing network resilience.

According to JPMorgan analysts, US crypto regulations could be overturned following the 2028 presidential election without comprehensive market-structure legislation. The Clarity Act failed to advance in September with a 49-50 Senate vote, though Republican senators suggested it could be revived after mid-term elections. Meanwhile, the CFTC is developing rules for leveraged crypto trading, and the OCC finalized stablecoin regulations under the GENIUS Act, effective January 18, 2027. The SEC's Re

According to market research firm Counterpoint Research, personal computer shipments from major manufacturers declined significantly in Q3 2026, with HP down 31%, Dell down 25%, Lenovo down 23%, and Apple down 11%. Lenovo led the market with 15 million units and 26.3% market share, followed by HP at 10.3 million units, Dell at 7.6 million units, and Apple at 5.6 million units, capturing 9.8% share. Analysts attribute the decline to rising memory and component costs pushing up system prices, caus

According to Yonhap Infomax, Hana Financial Group reported consolidated net profit of 12.2 trillion won for the third quarter on October 23, representing a 5.6% increase year-over-year. Cumulative nine-month profit reached 36.2 trillion won, marking the highest half-year performance on record and a 4.4% increase compared to the same period last year. The group's fee income accounted for 22.3% of core earnings in the nine-month period, up 2.7 percentage points from 19.6% a year earlier, reflectin