Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, South Korea's Democratic Party officially requested the government to defer taxation on virtual asset income on November 4, citing incomplete regulatory frameworks and the need for adequate preparation. Spokeswoman Shin Hyun-young stated the deferral aims to ensure

According to OnchainLens, on November 4, an attacker exploited InsurancePool and CoreVault on BNB Chain through flash loan price manipulation, draining approximately $111,000 from the affected protocols.
The attacker borrowed roughly $143.6 million in Wrapped BNB (WBNB) via Lista DAO's Moolah

According to Bitcoin.com News, the GENIUS Act creates a federal framework for payment stablecoin issuance but does not eliminate money transmission regulations for all enterprises handling stablecoins. Exchanges, wallets, payment processors, and remittance companies may still need to register with t

According to Geoffrey Hinton, the Nobel Prize-winning AI pioneer known as the "Godfather of AI," warned on Tuesday (November 3) that without effective oversight, AI could trigger a large-scale disaster by the end of this year or 2027, potentially causing temporary collapse of financial or power

According to Shaanxi Coal Association, on November 2-3, China's State Administration for Coal Mine Safety held a national coal mine team safety construction promotion conference in Xiangyang, Shaanxi province. The conference called for stricter safety measures across mining enterprises,

According to CME FedWatch, on November 4, the probability of a 25 basis point rate hike in December rose to 76.9% from 70%, following Democrats gaining control of both chambers in the midterm elections. The probability of holding rates unchanged stands at 23.1%.

According to local media, Vietnam's central bank injected up to 488 trillion Vietnamese dong (approximately $2 billion) into the banking system through USD/VND currency swaps on November 4. The move prompted the VN Index to surge 2.3%, marking its largest gain in two weeks and the biggest rally

According to court filings, Justin Sun is seeking nearly $264,000 in sanctions against World Liberty Financial (WLFI) over the company's failure to disclose its UAE ownership ties in federal court. Sun, who invested $45 million in WLFI tokens, alleges the project initially identified only Florida

According to Jin10, on November 4, India's central bank announced the establishment of a technical advisory group comprising seven external members to evaluate the efficiency, liquidity, and resilience of the country's foreign exchange and government bond markets. The group will be chaired by a deputy governor overseeing the central bank's financial markets division. The advisory group will identify emerging policy and operational issues in the financial markets, including implementation challen

According to GitBook, on November 3, the platform disclosed a targeted cyberattack using AI agents that compromised infrastructure credentials at approximately 19:00 Central European Time on November 2. GitBook temporarily suspended its application and authenticated documentation services during the

According to the Asian Corporate Governance Association (ACGA), South Korea's corporate governance score reached 62.8% on November 4, ranking fifth among 12 major Asia-Pacific markets, tied with Malaysia. The score improved by 5.7 percentage points from 57.1% in 2023, marking the largest increase am

According to Capgemini macroeconomic analysts, Saudi Arabia's third-quarter budget deficit reached approximately $22 billion, more than doubling from the prior quarter, on November 4. Analysts predict that as

According to Reuters citing the Financial Times, Oracle canceled a roughly $70 billion AI chip rental agreement with Tencent on November 4. The company abandoned the deal following pressure from U.S. government officials. The five-year contract was originally expected to provide Tencent with

According to OnchainLens, Jump Crypto recently transferred approximately 15 million USD1 to BitGo in two separate transactions. The funds were subsequently moved to BitGo's hot wallet.

According to Politico polling, following Democrats' election victory, President Trump expressed willingness to cooperate with Democrats in the next congressional term. However, Democratic leadership has signaled resistance to compromise, indicating they will not overlook the administration's

According to Fox News, Senate Republican Leader John Thune plans to run for Senate Minority Leader on November 4.