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
11:30
0

U.S. Pre-Market Crypto Stocks Mixed on October 13; GEMI Up 2.19%

According to BlockBeats citing BIT market data, U.S. pre-market crypto-related stocks showed mixed movement on October 13. Among the eight tracked names: GEMI rose 2.19%, MSTR gained 1.23%, COIN advanced 0.86%, ABTC up 0.22%, and BMNR up 0.17%. Decliners included BNC down 0.77%, CRCL down 0.42%, and HOOD down 0.18%.
11:29
0

UK High Court Rules Chinese Law Applies to £3.8Bn Bitcoin Seizure; South Korea Blocks KuCoin, MEXC and 25 Other Platforms

Recently, the High Court in London ruled that Chinese law should apply to claims over approximately 61,000 seized Bitcoins, valued at around £3.8 billion. The assets were seized by Metropolitan Police during an investigation into Zhimin Qian, a Chinese national convicted of orchestrating fraud against thousands of victims in China between 2014 and 2017. The ruling narrows claimants' potential legal path but does not determine final ownership; the court will hear further evidence on Chinese law t
More
BTC0.10%
11:29
0

Blur NFT Marketplace to Shut Down on November 12 as Monthly Trading Volume Plummets 99.5%

Blur announced it will shut down its NFT marketplace website on November 12, 2026, as the platform's trading activity has collapsed significantly. According to the announcement, monthly NFT trading volume dropped more than 99.5% from its 2023 peak of approximately $1.43 billion, falling below $7 million by March 2026. Blur's lending service, Blend, will also cease matching new loans on the same date; borrowers must repay outstanding loans by the deadline or allow them to default. The on-chain Bl
More
BLUR-35.72%
BLEND-4.72%
11:29
0

Bitcoin ETF Outflows Reach $65.4M as IBIT Bleeds Cash on October 12

BlackRock's iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows on October 12, accounting for the entire daily redemption from US spot Bitcoin ETFs. Every other fund recorded zero net flows, making the session a one-fund withdrawal. IBIT holds the largest assets among Bitcoin ETFs with approximately $65.67 billion in historical cumulative net inflows. US spot Bitcoin ETFs collectively managed around $106 billion in assets.
BTC0.10%
11:27
0

Epic Games Delays Disney Shooter to March 2027 Indefinitely, Pivots to AI-First Development on October 12

According to Bloomberg, on October 12, Epic Games delayed its unnamed Disney Marvel and Star Wars shooter game originally scheduled for March 2027 to an unspecified date, instructing developers to adopt an "AI first" production model. The company directed staff to use no handwritten code and generate art with full AI workflows. Epic founder Tim Sweeney confirmed the shift on X, stating the company is undergoing "a huge pivot" to retool developers for AI acceleration, aiming to enable teams to bu
More
11:26
0

Loyang Molybdenum Subsidiary Plans to Invest 900M Yuan in Two Private Equity Funds

According to Zhitong Finance, Loyang Molybdenum (03993) announced that its wholly-owned subsidiary Tibet Shimoke plans to invest a combined 900 million yuan in private equity fund shares. The subsidiary will allocate 500 million yuan to Nanjing Yuanfeng Fund and 400 million yuan to Hexie Growth Fund IV, using its own capital.
11:25
0

Iranian Security Forces Kill 5 Militants in Zahedan Clash on October 13

According to Jin10, on October 13, Iranian security forces killed five militants in an armed clash in Zahedan, southeastern Iran's Sistan and Baluchestan Province. The militants had seized an engineer and attempted to transport him outside the country. One security force member was killed during the operation, while the engineer was rescued.
11:23
0

BOK Governor: Further Won Appreciation Beneficial, Will Maintain Restrictive Policy on Oct 13

According to Jin10, on October 13, Bank of Korea Governor Shin Hyun-song stated that further won appreciation would be beneficial and has already strengthened household purchasing power. Speaking at the IMF-World Bank Annual Meetings in Bangkok on Tuesday, Shin said the central bank will maintain its restrictive monetary policy stance until confident inflation returns to target levels. He noted that won strength is directing economic growth toward the domestic economy.
11:22
0

Bank of Korea to Maintain Restrictive Policy Stance, Supports Further Won Appreciation

According to Bank of Korea Governor Shin Hyun-sung on Tuesday during the IMF-World Bank annual meeting in Bangkok, South Korea will maintain its restrictive monetary policy stance until inflation returns to target levels. Shin stated that further won appreciation would be beneficial for the economy and has already strengthened household purchasing power since the central bank shifted to monetary tightening. The stronger currency directs economic growth momentum toward domestic demand, helping to
More
11:22
0

Russia's Central Bank Approves Sberbank for Crypto Exchange Services, December 1 Launch Planned

According to Foresight News, citing ITAR-TASS, Russia's Central Bank added Sberbank, the country's largest bank, to its list of digital currency exchange institutions. Sberbank had previously entered the digital custody register earlier this month, enabling it to provide record-keeping services for cryptocurrencies and digital rights. The bank stated these credentials will allow it to offer digital currency circulation services on existing customer platforms, with the first products launching De
More
11:20
0

ENS Seeks DAO Approval to Activate ENSv2 Protocol Requiring 1% Participation

According to Ethereum Name Service founder Nick Johnson, ENS is seeking decentralized autonomous organization (DAO) approval to activate ENSv2, an upgraded naming protocol for Ethereum. Johnson submitted an executable draft proposal to the community on October 13. The upgrade would freeze new registrations on the original ENS registrar while allowing existing domain holders to continue renewing their names, with new registrations temporarily unavailable during the transition. Under ENS governanc
More
ENS-4.75%
11:17
0

Global Space Economy Investment Projected to Surpass $100 Billion in 2026, Driven by SpaceX IPO

According to ChainCatcher citing Space Capital, global space economy investments are projected to surpass $100 billion in 2026 for the first time. SpaceX's record-breaking initial public offering, coupled with increased defense spending and space infrastructure development, is driving the surge. The analysis shows the space sector has reached historic highs in both investment volume and unicorn company numbers, with the SpaceX IPO likely to prompt investors to reassess valuations of other space
More
11:17
0

Pando Solana Spot ETF Launches on Hong Kong Exchange with HashKey as Custody Provider

According to PANews, Pando Finance's Solana spot ETF officially listed on Hong Kong Exchanges and Clearing on October 13. HashKey Exchange serves as the secondary custodian and digital asset trading platform, providing custody and trading infrastructure. The arrangement leverages HashKey's licensed compliance framework to ensure underlying Solana asset security while supporting ETF creation, redemption, and settlement operations.
SOL-4.13%
11:13
0

Hong Kong SFC Takes Action Against IPO Manipulation, Says Move Strengthens Market Confidence

According to Securities Times, Hong Kong's Securities and Futures Commission (SFC) responded recently to cases of IPO subscription manipulation, including those involving Chabaodao and Bailoukang Vision Cloud, stating that taking effective action against serious misconduct helps strengthen market confidence. The SFC emphasized that a fair and trustworthy market attracts quality issuers and investors, supporting Hong Kong's capital market development and competitiveness. The regulator pledged to
More
11:11
0

GIC Private Limited Acquires 1.666M Longyuan Power Shares at HK$5.33 Each on October 9

According to Hong Kong Exchanges and Clearing data, on October 9, GIC Private Limited acquired 1.666 million additional shares of Longyuan Power (00916) at HK$5.3331 per share, for a total of approximately HK$8.88 million. Following the transaction, GIC's total shareholding reached approximately 166 million shares, representing 5.02% of the company.
11:10
0

Fed Chair Goolsbee Says AI Is an Inflation Problem on October 13

According to Guru Club, Federal Reserve Chair Goolsbee stated on October 13 that artificial intelligence is an inflation problem. Inflation related to the AI boom is "spilling over" into unrelated industries and pushing up prices across the economy. He added that progress on inflation is necessary before the Fed can return to its previous interest rate cut trajectory.