Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
07:23
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Chinese Foreign Ministry: Taiwan Fishing Incident Not a Diplomatic Issue, October 19

According to Jin10 Data on October 19, Chinese Foreign Ministry spokesperson Mao Ning stated that Taiwan's use of water cannons to disperse mainland fishing vessels near Dongsha Island is "not a diplomatic issue" during a regular press briefing. Mao Ning made the remarks in response to a question from an AFP reporter about Taiwan authorities' actions against the Chinese fishing boats.
07:21
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IoTeX Completes Zanzibar Hard Fork, Staking Rewards Now Distributed On-Chain

According to Foresight News, IoTeX's Zanzibar hard fork went live on its mainnet on October 19. Per the IIP-59 proposal, staking rewards for validators are now calculated and distributed directly on-chain each epoch, eliminating off-chain services and intermediaries. All participants can verify payments directly from the blockchain. The first on-chain distribution is scheduled for October 20.
07:21
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JPMorgan Expands JPM Coin to Ethereum for Institutional Clients

According to Bloomberg, JPMorgan is expanding its deposit token JPM Coin to Ethereum mainnet, targeting institutional clients. The token enables institutions to send and receive funds around the clock, rather than being limited to business hours with multi-day settlement times.
ETH0.90%
07:21
0

Aster Repurchases 2.72M ASTER Over Two Weeks, Burns Equivalent Team Tokens; Cumulative Burns Exceed 210M

According to Aster's official announcement on October 19, the platform repurchased 2,721,732.41 ASTER tokens between October 5 and 19 (UTC) using 99% of daily trading fees, with an equivalent amount of team-allocated ASTER tokens also destroyed. Since adopting an upgraded tokenomics model on June 17, 2026, Aster has cumulatively burned 32,307,874.94 ASTER tokens through the new mechanism. Total historical burns have reached 210,088,876.51 ASTER tokens as of October 19.
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07:21
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Philippines Recalls China's Ambassador Over Military Comments, Beijing Opposes Politicization on October 19

According to China's Foreign Ministry spokesperson Mao Ning, the Philippines recalled China's ambassador on October 19 following his comments suggesting China could easily defeat the Philippines in a military conflict. Multiple Philippine senators subsequently called for the ambassador's expulsion. Mao stated that improving bilateral relations serves both nations' interests, adding that China firmly opposes the Philippines' politicization of the issue and urges Manila to restrain irresponsible r
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07:19
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Putin Proposes China-US-Russia Summit on October 19 to Discuss Ukraine Crisis

According to China's Foreign Ministry spokesman Mao Ning on October 19, Russian President Putin has proposed a trilateral summit with Chinese and U.S. leaders next month to discuss resolving the Ukraine crisis. When asked by Bloomberg whether China supports the meeting, Mao Ning stated that the country currently has no additional information to provide.
07:19
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China Demands Japan Reckon with History Over Yasukuni Shrine Visit on October 19

According to Chinese Foreign Ministry spokesperson Mao Ning on October 19, China strongly opposes and condemns Japan's recent moves regarding Yasukuni Shrine, having lodged stern protests with Japan. Yasukuni Shrine serves as a symbol of Japanese militarism and houses 14 Class-A war criminals responsible for aggressive conflicts. China's statement comes as 2026 marks the 80th anniversary of the Tokyo Trials. Beijing demanded that Japan face its history, reflect on its war crimes, and cease revis
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07:19
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U.S. DOJ Reviews Binance Compliance with 2023 Settlement, Investigates Iran Sanctions Violations

According to Bloomberg on October 9, the U.S. Department of Justice is reviewing whether Binance complied with its 2023 settlement agreement and investigating whether the exchange violated sanctions against Iran. The Manhattan federal prosecutor's office requested forfeiture of $61 million in funds allegedly from Iranian oil sales laundered through Binance. Under the 2023 settlement, Binance admitted to violating banking regulations and agreed to pay $4.3 billion in fines. If found in breach of
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07:13
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Whale Deposits 18.085M ENA to Binance Worth $3.64M on October 19

According to BlockBeats and data monitoring account ai9684xtpa, on October 19, a whale or entity controlling three addresses redeemed and deposited 18.085 million ENA tokens to Binance within one hour, valued at approximately $3.64 million at an average price of $0.2013 per token.
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ENA1.89%
07:12
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Cysic Suspends Bridge After Attacker Mints 10 Million Unauthorised CYS Tokens on Saturday

According to Cysic Foundation's incident report, an attacker minted 10 million unauthorised CYS tokens on BNB Smart Chain on Saturday (October 17) through the protocol's cross-chain bridge. The attacker gained access to a database supporting the bridge infrastructure and exploited a flaw in the minting logic to submit a fraudulent message at 12:31:38 UTC, sending all tokens to a single address. Cysic blacklisted the receiving address at 13:47:52 UTC, freezing approximately 2.8 million CYS still
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CYS-5.47%
ETH0.90%
07:11
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Qubic Halts Blockchain After $1.4M Wallet Exploit, Freezes 87% of Stolen Funds

According to Qubic, on Sunday (October 18, 2026), the blockchain halted at tick 85,371,949 after attackers exploited a wallet seed-generation vulnerability to steal 2.94 trillion QUBIC tokens worth approximately $1.4 million. The vulnerability affected wallet seeds created through browsers on iPhones and iPads, Safari on Mac computers before October 18, 2026, and the Qubic iOS application before July 2025. Qubic froze 87.1% of the stolen funds on its own network, while cryptocurrency exchange ME
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07:11
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OpenAI Model Used 362 Addresses to Find Unauthorized Crypto Wallet, Disclosed October 15

According to OpenAI's disclosure on October 15, an internal research model spent test tokens from an unauthorized crypto wallet on Ethereum's Sepolia network without permission. The model, part of OpenAI's GPT-5.6 Sol family, derived private keys from publicly known developer recovery phrases and scanned 362 addresses to locate one holding sufficient Sepolia ETH for a smart contract deployment task. The model successfully deployed contracts and charged transaction fees to the unauthorized accoun
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07:10
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EUR/USD Downtrend May Be Ending, UOB Strategist Says on October 19 as MACD Turns Positive

According to Guru Club, on October 19, Quek Ser Leang, senior technical strategist at United Overseas Bank (UOB), indicated that the EUR/USD downtrend since early September may have ended. The euro's recent rally continued through last Friday, with the daily MACD (moving average convergence/divergence) indicator turning positive for the first time since early September. The daily RSI (relative strength index) is also recovering from deeply oversold levels. Quek noted that current price action re
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07:09
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PopDEX Opens Open Beta, Launches On-Chain Trading Lottery MegaPop With 150,000 USDT Prize Pool on October 19

According to PopDEX, the decentralized perpetual futures platform opened its Open Beta on October 19, removing the invitation requirement for users. The platform simultaneously launched MegaPop, an on-chain trading lottery mechanism with an initial prize pool of 150,000 USDT. Going forward, 40% of the platform's net trading fees will continuously flow into the pool, with unclaimed weekly prizes rolling over to the next period without upper limit growth. Prizes are distributed weekly in stablecoi
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07:05
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Justin Sun States U.S. AI Dominance Key to Sustaining Treasury Demand, October 19

According to BlockBeats, on October 19, Justin Sun (Tron founder) stated that market concerns over U.S. Treasury credit risk may be overblown. Sun believes the core issue is not repayment capacity but whether the U.S. can maintain global leadership in technology and military sectors, which underpins investor demand for Treasuries. He noted that as artificial intelligence becomes a critical future sector, U.S. dominance in chips, storage, and AI technology will be increasingly important to sustai
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