Gate Crypto Flash News and Market Updates

According to Nikkei, Terafab, the semiconductor joint venture backed by Musk, plans to produce 1 million wafers per month by 2032, with 700,000 earmarked for memory chips and 300,000 for logic chips. The memory production capacity would approach Samsung Electronics' current DRAM output of

According to 36Kr, ByteDance released Seedream 5.5, its latest image-generation model, on November 9. The update supports up to 100 editing rounds, native transparent image output in RGBA format, and improved text rendering. The model is available in Doubao and Doubao Workspace, with trial access

According to Cailian Press, on November 10, China's A-share markets closed mixed after opening higher. The Shenzhen Components Index rose 0.64%, while the ChiNext Index advanced 1.46%. Combined trading volume in Shanghai and Shenzhen exchanges reached 15 trillion yuan, up 22.2 billion yuan from the

According to Theo, founder of T3 Code, Anthropic's newly released Fable 5.2 provides significantly lower API usage quotas for Claude Ultra subscribers despite superior performance. Based on his analysis of Claude Code request data, a $200 monthly Ultra subscription grants approximately $15,000 in AP

According to China's Foreign Ministry spokesperson Guo Jiakun on November 10, allegations that Alice Huang (黄乐) is a Chinese spy are baseless. During a regular press briefing, Guo responded to Bloomberg's question about Huang's nationality and whereabouts, stating the spy accusations are purely

California voters rejected Proposition 40, a landmark billionaire tax proposal, with 53% voting against and 47% in favor. The measure would have imposed a one-time 5% wealth tax on residents with assets exceeding $1 billion, projected to raise up to $100 billion for healthcare and education programs. The proposal's main sponsor, SEIU-UHW union, stated it aimed to offset federal healthcare budget cuts. Following the defeat, union official Suzanne Jimenez said billionaires won a "temporary victory

According to Fidelity International macro strategist Ashray Ohri on November 10, the three U.S. states winning Democratic governors—Texas, Ohio, and Georgia—account for over one-third of planned data center capacity nationwide. While new state leaders campaigned on stricter regulations on electricity fees, water usage, and investment incentives, Ohri said market concerns may be overstated, as restrictions primarily affect new permits and should not impair ongoing construction projects. He expect

According to ChainCatcher, citing Coinglass data, 55 million USDT were transferred from an unknown wallet into Coinbase at 3:14 PM on November 10.

According to Quantinuum, the company and Japan's RIKEN have expanded their partnership to advance quantum-AI hybrid supercomputing research and commercialization. The collaboration includes upgrading RIKEN's Reimei quantum computer to the System Model H2.

Vodafone recently raised its adjusted EBITDA and adjusted free cash flow guidance for fiscal year 2027.

According to Wells Fargo, CoreWeave's stock rallied ahead of its quarterly report, with the firm calling the neocloud infrastructure company the highest quality among its peers and seeing upside potential.

According to BlockBeats, a dormant Ethereum wallet from the 2015 genesis block awakened on Nov 10 at 6:04 AM Beijing time and transferred 0.05 ETH, but was immediately targeted by an address poisoning attack. Within 3 minutes, multiple counterfeit addresses began sending dust transfers to the wallet