Gate Crypto Flash News and Market Updates

The Bank of China Foreign Exchange Market published exchange rate mid-quotes on October 19, 2026. The US dollar traded at 6.7208 yuan, down 12 points, indicating a weakening of the Chinese yuan. Among other major currencies, the euro strengthened to 7.5237 yuan, up 9 points, while the British pound rose to 8.9362 yuan, up 325 points. The Australian dollar climbed to 4.6700 yuan, up 284 points, and the Canadian dollar increased to 4.7452 yuan, up 191 points. The Swiss franc gained to 8.1377 yuan,

According to South Korea's Deputy Prime Minister and Finance Minister Lee Hyung-il, speaking on October 16 in Bangkok at the International Monetary Fund and World Bank annual meetings, the government will consider further reductions in government bond issuance if market conditions warrant. Lee stated that the country has already reduced government bond issuance by 5 trillion won to stabilize the debt market and will continue monitoring market conditions to determine whether additional cuts are n

According to South Korea's Deputy Prime Minister and Finance Minister Lee Hyung-il on Oct 16, the government is considering additional capital gains tax exemptions for rental apartments sold to public entities such as the Korea Land and Housing Corporation (LH). From 2021 to 2026, approximately 63,000 rental units in regulated areas are scheduled for automatic delisting. Separately, Lee Hyung-il indicated that the government will collect more stakeholder feedback before finalizing the cryptocurr

According to Yonhapinfomax, in May 2026, Woori Financial Group injected 1 trillion won into its subsidiary Woori Investment Securities through capital increase, bringing the total capital to approximately 2.2 trillion won. In August, chairman Im Jong-yong directed CEO Nam Ki-cheon to deliver "visible results in the third quarter." Woori Investment Securities, formed in August 2024 from a merger, recorded 24.7 billion won in net profit for the first half of 2026, a 44 percent year-over-year incre

According to Cointelegraph, Qubic halted operations Sunday after an attacker exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts. The network paused at tick 85,371,949, according to the project's statement. The vulnerability affected wallet seeds generated using any browser on iPhone or iPad, Safari on Mac until October 18, 2026, or the Qubic iOS app before July 2025, resulting in 2.94 trillion Qubit (QU) stolen. 87.1% of drained funds remain

According to unusualwhales, on October 19, Amazon founder Jeff Bezos stated that artificial intelligence applications could enable Americans to work just three days per week while supporting a family. Bezos predicted that single-income households will increase and that AI will lead to labor shortages rather than mass unemployment. The report also noted that Amazon has laid off approximately 30,000 employees since the end of 2025.

According to DeepSeek's announcement on October 19, the DeepSeek API now supports web search and fetch capabilities, charged at 5 yuan per 1,000 successful requests. The company noted that search and fetch calls made through DeepSeek Harness, Claude Code, and Codex are currently free but will be subject to per-request fees starting November 1.

According to Guru Club, lithium carbonate futures fell 4% intraday on October 19, trading at 95,080 yuan/ton.

According to Guru Club, fuel oil futures contracts surged 6.57% intraday on October 19, reaching 5,777 yuan per ton.

According to Hong Kong Stock Exchange data, on October 16, Vimicro International (00209) saw share transfers totaling HK$14.569 million (9.21% of stake). The company transferred 8.518 million shares to Far East Securities and 3.3418 million shares out from Merrill Lynch Far East. Separately, the company announced a planned placement of up to 29.7134 million shares on October 2, representing approximately 20% of existing issued shares and 16.67% post-placement.

According to Hong Kong Exchanges and Clearing, on October 16, Ruichang International Holdings (01334) shareholders deposited 164 million shares valued at HK$140 million into HSBC, increasing their shareholding proportion by 32.83%. The deposited shares represented 32.83% of the company's total holdings.

According to PANews, Anthropic announced early today the creation of a wholly owned entity, the Anthropic Public Benefit Fund, dedicating it entirely to public interest. The fund will initially receive 5% of the company's shares, with an additional 2% added for every 50% growth in valuation, capping at approximately 20%. In response, Elon Musk commented that shares should be "distributed directly to the public," adding "that's what I'll be doing."

According to BlockBeats, on October 19, Binance announced support for Dell Technologies (DELL) cash dividend distribution through bStocks. Net dividend amounts for DELLB token holders will be automatically reinvested as additional token units in the same underlying security after deductions for withholding taxes and fees. On-chain holders will receive corresponding bStocks dividends through a multiplier adjustment mechanism. The dividend eligibility snapshot is scheduled for October 20, 2026, 00

On Oct 19 morning session, Shanghai Gold Exchange gold T+D rose 0.16% to 898.47 yuan/gram, while silver T+D fell 0.11% to 13,888 yuan/kilogram.

According to official statements, Gopax apologized on October 16 for a data breach discovered in early October affecting nine users (seven customers and two employees). The exchange confirmed unauthorized account access since early September and compromised information including usernames and login history. Pravang disclosed a separate data breach on October 9 affecting approximately 20 customers after unauthorized access on October 2. Both exchanges confirmed no direct financial losses or asset

According to Bloomberg's Mark Gurman on October 18, Apple launched iPhone Duo pre-orders on October 16 despite knowing the foldable device faced severe supply constraints. Pre-order delivery dates have already been pushed to late January 2027, with the device initially priced above $2,000. Gurman reported that Apple chose to expand the launch to 70 countries simultaneously rather than limiting availability to the U.S. and China first, further stretching limited supply across more markets.

On October 16, Hang Seng International (01044) underwent a position transfer valued at HK$1.425 billion, representing 6.12% of its total market capitalization. UBS Securities Hong Kong transferred out 70.057 million shares as part of the transaction.

According to the Hong Kong Stock Exchange, on October 16, Dingdang Health (09886) experienced a position transfer totaling HKD 62.38 million, representing 5.68% of holdings. Shareholders transferred 70.08 million shares to HSBC Bank (Hong Kong) Limited from Merrill Lynch Far East.

According to Hong Kong Exchange data, on October 16, Gao Xin Retail (06808) completed a share transfer worth HK$3.189 billion, representing 31.99% of the company's total position. The company's shareholders transferred 3.047 billion shares from Citibank to China Merchants Bank International Securities.

According to 10x Research, 141 altcoins tracked by the firm's index fell an average of 14% last week, significantly outpacing Bitcoin's 3% decline as the broader crypto market faced widespread selling pressure. The research firm noted that trading volumes have contracted, stablecoin supply continues to shrink, and ETF capital flows have turned negative, signaling sustained pressure on market liquidity and investor risk appetite.