Gate Crypto Flash News and Market Updates

According to Frax Finance's official announcement, the protocol has launched Onchain FX on the Base network, enabling trading of six local currency stablecoins against frxUSD. The supported pairs include BRZ, CADD, tGBP, IDRX, ZARP, and AUDF, with trading facilitated on the AeroXYZ platform. The move targets the foreign exchange market, which sees trillions in daily trading volume but currently lacks robust on-chain solutions. At launch, frxUSD's trading volume on the new pairs was reported at $

According to Financial Times, crypto lending vault deposits surged 150% to $10 billion on October 19, up from approximately $4 billion at the beginning of 2025. The U.S. Securities and Exchange Commission and European regulators are examining how existing financial rules apply to vault structures, which generate annual yields ranging from 3% to over 20%. S&P Global launched a risk assessment framework on October 4 to evaluate lending vaults across portfolio credit quality, liquidity mismatch, cu

According to Israel's Channel 14, Israeli Prime Minister Benjamin Netanyahu announced late on October 19 that he has ordered the Israeli military, Mossad, and military intelligence to work toward overthrowing Iran's government. Netanyahu also cited recent public support from U.S. President Donald Trump, stating that the administration's position is "very clear" on what he described as the "core task" of eliminating Iran's existential threat to Israel.

President Volodymyr Zelensky met with a Lockheed Martin delegation in Kyiv to discuss expanding weapon supplies to Ukraine, according to his official statement. The talks focused on broadening military support from the U.S. defense contractor.

According to CNBC, on Friday, Indian Finance Minister Nirmala Sitharaman stated that high liquidity in India's stock market provides foreign portfolio investors with easier exit channels. Speaking during an IMF-World Bank conference in Bangkok, Sitharaman noted that "with ample liquidity and ease of capital access, people can even exit smoothly." She also affirmed that India's economy maintains solid fundamentals.

The Federal Reserve's overnight reverse repurchase (RRP) facility saw usage of $330 million on Monday (October 19), involving seven counterparties, up from $100 million the previous trading day.

According to Gibraltar Financial Services Commission, Revolut obtained a Distributed Ledger Technology (DLT) provider licence on October 19 to support its international cryptocurrency business through a new subsidiary, Revolut Global Digital Assets Limited (RGDAL). The authorisation permits the entity to transmit and execute virtual asset orders, provide custody services and offer cryptocurrency staking, subject to Gibraltar's regulatory standards for client asset protection and cybersecurity. R

According to Senator Cynthia Lummis, on October 19 Democrats voted against a provision in the Clarity Act requiring digital commodity exchanges to file certified annual financial statements with the CFTC. In a post on Twitter, Lummis criticized the vote, emphasizing that the provision aims to enhance investor protections and transparency in the crypto sector.

According to ChainCatcher, on October 19, WINkLink completed its first round of WIN token buyback and burn program, destroying 67,357,364,510 WIN tokens (approximately 67.36 billion). The company announced that all protocol revenue will be directed toward WIN buybacks, creating a continuous deflationary mechanism supported by protocol earnings. On-chain transaction records and burning details are publicly verifiable.

According to MiniMax's official blog, the company released M3.1 Flash on October 20, reducing agent task costs by 70% compared to its predecessor. The model triples inference speed, delivering over 200 tokens per second output. API pricing is set at $0.15 per million input tokens and $0.60 per million output tokens. M3.1 Flash scored 61.7 on the OSWorld V2 benchmark, ranking first among domestic Chinese models. The model is now available via MiniMax API, M Plan, and MiniMax Code, with open-sourc

According to Hedera, discussions at Sibos highlighted a shift in enterprise approach to blockchain technology, with companies prioritizing practical solutions and tokenization strategies over standalone blockchain offerings. Hedera emphasized that businesses are focused on addressing specific operational friction points and implementing strategic organizational solutions rather than adopting blockchain for its own sake.

According to FactSet, Micron, Nvidia, Meta, EchoStar, and Boeing are expected to be the largest contributors to S&P 500 earnings growth in the third quarter. Micron's quarterly earnings through August surged over 1,000%, while Nvidia's per-share earnings for the quarter ending in October are projected to grow 90%, with net profit approaching $60 billion. Overall S&P 500 third-quarter earnings growth is estimated at 29% year-over-year; excluding Micron and Nvidia contributions, the growth rate is

According to Bloomberg, over 500,000 people participated in nationwide protests across France last Saturday (October 17). Social media videos showed luxury brand stores including Burberry, Celine, and Kenzo being looted, with secondhand platforms Vinted and Leboncoin flooded by listings of suspected stolen items. Paris's upscale hotels have begun experiencing cancellations as a result of the unrest. Christophe Laure, head of UMIH Prestige representing four- and five-star hotels, told Bloomberg t

According to President Zelenskyy on October 19, Starlink and Starshield usage by Ukrainian forces on the front lines remains limited, hamperingCommand and military operations. The Ukrainian president cited a report from Armed Forces Commander-in-Chief Drapato regarding the restricted deployment of both systems across multiple front-line positions.

French authorities announced a curfew in Paris' Place de la République and La Halle area, effective from 8 p.m. UTC on October 20 (4 a.m. Beijing time on October 21).

According to SEC filings and announcements, Metaplanet, a Japanese Bitcoin treasury firm, has acquired a 93.7% stake in Nasdaq-listed Super League through an all-stock and Bitcoin deal approved by shareholders on Monday (October 19). Metaplanet will contribute 2,100 BTC and $2.5 million in cash for 44.86 million common shares and governance rights, paving the way for Super League's rebranding to Superplanet and ticker change to SUPA. The transaction enables Metaplanet to expand its US capital ma

Starting October 21, Google will permit cryptocurrency exchanges, wallets, contract for difference (CFD) and foreign exchange advertisers to run ads in the United Arab Emirates, provided they obtain Google certification.

On Monday (October 19), Germany's 10-year Bund yield rose 3.0 basis points to 3.456% in late European trading, with intraday range at 3.40%-3.467%. The 2-year yield climbed 1.7 basis points to 3.126%, while the 30-year yield advanced 2.6 basis points to 3.823%.

According to Onchain lens data reported by BlockBeats, on October 20, a whale staked 139,050 HYPE (valued at $10.95 million) and incurred a $2.02 million loss over the past 30 days. The whale delegated the staked HYPE to Infinitefield(.)xyz.

U.S. Republican Congressman Miller stated today that the White House should not grant exemptions from sanctions on Russia. The congressman's position reflects ongoing debate within the U.S. political establishment regarding the scope and continuation of Russian sanctions policy.