Gate Crypto Flash News and Market Updates

According to South Korea's Ministry of Defense, on October 23, Seoul formally proposed military talks with Pyongyang to discuss confirming the exact location of the inter-Korean land demarcation line, restoring military communication channels, and preventing border conflicts. The Defense Ministry indicated that if necessary, trilateral talks including the United Nations Command could be held.

According to Barron's, Meta Platforms (META-US) stock fell 7% to $648.85 yesterday (Oct 22) following the company's third-quarter earnings release. The social media giant's AI consumer agent Muse has emerged as a key growth driver, with analysts divided on near-term valuation. Muse logged over 10 million downloads in the U.S. and Canada within six weeks of launch, with 2.5 million daily active users. Approximately 25% of weekly active users made purchases through Muse, averaging over $200 per tr

According to U.S. stock market reports, on October 22, the Nasdaq index fell 2.58%, marking its largest single-day decline since June, while the S&P 500 dropped 1.19% and the Dow Jones rose 0.03%. The decline was primarily driven by concerns over artificial intelligence investment returns following Meta and Tesla's latest earnings reports. Meta reported third-quarter results beating market expectations, but massive AI-related capital expenditures resulted in the company's first net cash outflow

According to CME data, on Oct 22, energy and precious metals futures showed mixed performance. Gold, silver, and copper all saw increases in both trading volume and open interest, with gold volume rising 80,682 contracts and open interest climbing 3,383 contracts; silver volume surged 27,954 contracts with open interest up 412 contracts; and copper volume jumped 39,193 contracts with open interest gaining 4,031 contracts. WTI crude oil and Brent crude oil similarly posted gains in volume and ope

According to BlockBeats, Hong Kong-listed artificial intelligence stocks surged on Oct 23, with MINIMAX-W leading gains at over 9%, followed by Zhipu AI up more than 6%, Xunce up over 5%, and Xiaomi rising over 4%, according to Bitget market data.

According to futures market data, liquefied petroleum gas' main contract pg2612 surged to 7,248 yuan/ton, up 5.84% on October 22, following an overnight drone attack on Saudi Aramco's Dammam airport that drove Brent crude near $113/barrel. Import costs have risen sharply; Saudi propane and butane contract prices for October were hiked to $680/ton and $730/ton respectively, up $55 and $70 per ton month-over-month, with freight costs also climbing. Domestic port inventory remains tight at 19.69% c

According to TRON DAO, the network has announced integration with Mercuryo to enable cross-chain swaps across 21 blockchain networks and approximately 1,400 trading pairs. The supported networks include Polygon, BNB Chain, Arbitrum, Bitcoin, and Ethereum, allowing users to transfer digital assets across multiple blockchain ecosystems through a single service.

According to Foresight News, on-chain perpetual futures platform Extended has migrated to Arc, with $120 million in total value locked (TVL), open positions, and pending orders successfully transferred without trading interruption. The platform's deposit and withdrawal functions have reopened, offering users faster transaction speeds through Circle CCTP's native USDC transfers and support for cirBTC as a BTC collateral asset.

According to TradingBeats, 47 Hyperliquid accounts opened or increased long positions in the HIP-3 contract on October 23, collectively adding $39 million in new exposure. Individual accounts each initiated positions exceeding $500,000.

According to Jin10, wheat futures experienced their longest consecutive weekly decline in nearly three decades as of October 23, marking the first time since 1997 such a prolonged downturn has occurred. After surging to 2023 highs in September amid Black Sea shipping disruptions, wheat prices reversed sharply as geopolitical risk premiums eased with peace talks between Russia and Ukraine. Simultaneously, global import demand weakened; the U.S. Department of Agriculture reported that soybean, cor

According to Jin10, China's ChiNext index surged more than 1% in afternoon trading on October 23. The Shenzhen Component Index gained 0.26%, while the Shanghai Composite's losses narrowed to 0.48%. More than 1,200 stocks advanced across the broader market.

According to Forma's official X account, the Forma mainnet will halt at block height 34,567,890, expected around November 5. Users have approximately two weeks to withdraw funds from the chain. After the halt, the team will snapshot the on-chain state and migrate remaining TIA to Eden. Both chains are EVM-compatible, allowing users to use the same wallet address to withdraw funds from Eden after migration. Modularium will migrate to Ethereum with all associated NFT assets; holders must manually

According to ChainCatcher, AI video startup Higgsfield Inc. has secured investment from Nvidia and TCV. The funding will support global infrastructure expansion and talent recruitment. This round follows the company's Series B financing in August, which raised $400 million at a $5.4 billion valuation.

According to Jin10 Data, France will deploy troops on Saturday as police forces increase by 20% to respond to planned mass protests over living costs. The government is mobilizing military support to prevent a repeat of last weekend's unrest. Previous demonstrations turned violent, resulting in the looting of 3,000 stores and the arrest of 2,700 people.

According to Barron's, Meta announced on Thursday (October 22) plans to launch equity financing of at least $40 billion within weeks to fund massive AI infrastructure investments. Berkshire Hathaway, which holds over $350 billion in cash, is a potential investor, though no formal talks or confirmed participation have been disclosed. Meta cited rising capital expenditure—estimated at $140 billion this year—and increased debt burden, with 30-year bond yields exceeding 7%.

According to ChainCatcher, Toto Finance submitted a governance proposal to the Cardano community on Oct 23, seeking 22 million ADA (approximately 5 million USD) from the Cardano Treasury. Voting closes on Nov 15. The proposal aims to establish a "Cardano Strategic Copper Reserve" through purchasing and tokenizing COMEX-compliant copper. The token, CuTT, represents verified physical copper per pound. Approximately two-thirds of the budget will fund exchange-grade copper purchases at COMEX-certifi

According to Science and Reuters, Microsoft researchers reported on October 22 that an AI system diagnosing step-by-step was more than twice as accurate as general physicians in solving over 300 complex medical cases. The system uses an orchestrator to decide which patient-history questions to ask, which exams and tests to order, and how to update diagnostic hypotheses, differing from typical AI systems that analyze all available data at once. Microsoft plans to test the tool's triaging capabili

According to Binance's announcement on October 23, the exchange will distribute cash dividends to holders of tokenized securities ASMLB (ASML Holding) and NOKB (Nokia) through its bStocks platform. After deducting applicable withholding taxes, fees, and other costs, the net dividend will be reinvested to purchase additional shares or fractional shares of the corresponding securities. Eligible users will receive the additional holdings in ASMLB or NOKB token form. The eligibility snapshot is set

According to the Russian Defense Ministry, Russian forces struck Vilkovo Port in Ukraine's Odesa region on October 22.

Singapore's September consumer price index (CPI) year-on-year came in at 2.2%, below the forecast of 2.40% and the previous month's 2.30%.