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
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Nvidia Requires TSMC 3nm Base Dies for Custom NVHBM Production, Samsung Accepts on October 19

According to Samsung Electronics on October 19, Nvidia has required Samsung, SK Hynix, and Micron to produce custom NVHBM (Nvidia's proprietary high-bandwidth memory technology) using base dies manufactured on TSMC's 3nm process, with core dies utilizing sixth-generation DRAM technology. Samsung has decided to accept Nvidia's technical requirements. When asked about the matter, Samsung declined to comment on customer-related affairs.
10:43
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U.S. Secretary Rubio: Ending Russia-Ukraine Conflict Is Top Priority, Seeks Resolution Opportunity

According to Jin10 data, U.S. Secretary of State Rubio said on October 19 during a visit to Uzbekistan that ending the Russia-Ukraine conflict is the top priority of the U.S. president, and Washington will continue seeking opportunities to advance a resolution. Rubio stated that President Trump remains open to any possibility that could help end the conflict, though expected progress has not yet materialized. He explained that the U.S. recently held back on implementing new sanctions against Rus
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10:41
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Japan Financial Services Agency Discloses On-Chain Finance Forum Minutes; Multiple Departments Announce Government Bond Tokenization, Stablecoin Subsidy Programs

According to Foresight News, Japan's Financial Services Agency on September 30 disclosed minutes from the inaugural "On-Chain Finance Forum for the AI Era" meeting. The forum, chaired by Japan's Financial Services Minister, includes participants from the Digital Agency, Ministry of Finance, Bank of Japan, and Japanese Bankers Association. The Ministry of Finance will launch an expert research group in October to study government bond tokenization; the Financial Services Agency plans to establish
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10:41
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Placeholder Partner Chris Burniske Views Current Market as Early-Stage Bull Opportunity, Favors Buying

According to Foresight News, Placeholder partner Chris Burniske expressed on X that he views the current market as an early-stage bull opportunity rather than a warning signal of a bull trap. Bitcoin has shown relative resilience with a decline of less than 10%, while altcoins have fallen 20% to over 40% from their highs. Burniske stated he is inclined to buy, though he cautioned that prices could decline further and recommended dollar-cost averaging, allocating capital across various price poin
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10:41
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Starknet Plans Bramble Finance Collaboration Announcement Tomorrow

According to Starknet, the blockchain network will announce a collaboration with Bramble Finance tomorrow (October 20). Starknet's official announcement, shared via its Twitter account, hints at a significant partnership that could enhance community engagement within the Starknet ecosystem.
STRK-4.96%
10:38
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India's NMDC Halts Nickel Mining Investment Plans Amid Indonesia Oversupply Concerns

According to two company officials, India's National Mineral Development Company (NMDC) has suspended its plans to enter the nickel industry as of today (October 19), citing concerns over nickel oversupply from Indonesia, which accounts for over 60% of global production. A senior NMDC official stated: "Given the current oversupply situation in Indonesia, we have temporarily shelved our nickel mining investment plans." The officials also disclosed that NMDC has been unable to arrange meetings wit
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10:37
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Three Men Jailed for 5-6 Years Over Failed Crypto Theft in Bristol Home Invasion on October 15

According to Avon and Somerset Police, three men were sentenced on October 15 for breaking into a Bristol home and assaulting the occupant in a failed attempt to steal cryptocurrency. Terroll Paul, 31, Mohamed Samagassi, 37, and Pierre Madzou, 30, pleaded guilty to aggravated burglary. Paul was sentenced to six years in prison, Madzou to five and a half years, and Samagassi to five years. The victim was hit over the head during the early morning attack on May 15 and required hospital treatment.
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10:37
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Youxun Group Chairman Proposes 100-200M Yuan Share Buyback on October 19

According to Jin10, Youxun Group's chairman Ke Binglin proposed on October 19 a share buyback program worth between 100 million and 200 million yuan using the company's own or raised funds. The buyback price ceiling will not exceed 150% of the 30-day average trading price before board approval. The repurchased shares are intended for employee stock ownership plans or equity incentives. The company will develop a detailed buyback scheme subject to approval procedures.
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10:31
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Broadcom CEO Tan Names Capital as AI's Biggest Constraint on October 12, Days After $42B Anthropic Financing Deal

According to Benzinga, Broadcom Chief Executive Hock Tan stated on October 12 at the DBS Asia Future Forward Conference in Singapore that capital, not silicon, is the binding constraint on artificial intelligence infrastructure build-out. "There is more demand for compute infrastructure than we can supply," Tan said, adding that while memory shortages would ease within a year and wafer and power limits would loosen as capacity arrives, "capital" remains the unresolved obstacle. The remarks came
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10:31
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Paxos Launches PAXGy on Pendle, Maturing January 28, 2027

Paxos has launched PAXGy, a gold-backed digital asset, on the Pendle platform today. The asset matures on January 28, 2027, and enables users to trade and speculate on gold yields in real-time. This launch expands Pendle's offerings in the real-world assets (RWA) sector, according to Pendle's official announcement.
PENDLE0.63%
10:31
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France's Assembly Approves Stablecoin Tax Amendment 38-37, Targets 2027 Implementation

According to Cointelegraph, France's National Assembly approved Amendment I-3898 on Friday (Oct. 16), advancing a crypto-to-stablecoin tax proposal with 38 votes in favor, 37 against, and 25 abstentions. The measure, originally introduced by French MP Nicolas Sansu on Oct. 7, would make conversions of Bitcoin and other cryptocurrencies into stablecoins taxable events starting in 2027, using the weighted average purchasing price to calculate capital gains. The Assembly is scheduled to vote on the
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10:31
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TCL Electronics Forecasts First-Half 2026 Net Profit Up 45%-55%, Revenue Guidance at HK$910B-977B

According to its official announcement, TCL Electronics (01070) forecasted first three quarters of 2026 revenue of approximately HK$910 billion to HK$977 billion, representing a year-over-year increase of 10% to 18%. The company projects adjusted net profit attributable to shareholders of HK$21.1 billion to HK$22.5 billion for the period, marking a 45% to 55% year-over-year growth.
10:26
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Xingxing Capital Subsidiary Facilitates AI IC Substrate Supplier Xinaai Tech's Series A2 Funding Round

According to an announcement by Xingxing Capital Holdings (01911), its subsidiary Xingxing Securities acted as exclusive financial advisor to Xinaai Technology (Nanjing)—a leading domestic supplier of advanced IC packaging substrates for AI—in completing its Series A2 funding round. Investors included multiple strategic partners, Jiangsu provincial and municipal state-owned investment platforms, and prominent financial investors, with participation from existing shareholders. Xinaai has achieved
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