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
11:16
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Amazon's AWS AI Hits $25B Annualized Revenue, 2026 Computing Capacity Nearly Sold Out

According to Amazon CEO Andy Jassy in a recent a16z podcast interview, the company's AWS AI business generated annualized revenue exceeding $25 billion in its first three years, surpassing AWS's early growth pace by hundreds of times. Despite investing $220 billion in AI infrastructure this year, Jassy revealed that Amazon's 2026 computing capacity is nearly fully sold out, with 2027 capacity also nearly depleted, highlighting the severe supply shortage in AI infrastructure.
11:12
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CoinDCX Confirms $16 Million Loss From Failed Fund Sweeping on October 26

According to CoinDesk, Indian cryptocurrency exchange CoinDCX confirmed a $16 million loss on October 26 due to failed fund sweeping from a wallet compromised in a July 2025 hack. The sweeping process failed to transfer customer deposits from the attacked wallet, resulting in the loss. CoinDCX
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11:09
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Meta Launches $35B Dual Offering of Common and Preferred Stock

Meta Platforms announced today a simultaneous public offering of approximately $35 billion through two separate issuances: $22.5 billion of Class A common stock via forward sale agreements and $12.5 billion of Series A mandatory convertible preferred stock depositary shares. Morgan Stanley and
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11:01
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Evernorth Raises $80.7M via Equity Arrangement to Purchase XRP

According to an SEC filing submitted on October 23, Evernorth announced plans to raise approximately $80.7 million through a committed equity financing arrangement with a Cantor Fitzgerald subsidiary. The funds will be used for general corporate purposes, including purchasing XRP. The company currently holds approximately 473 million XRP tokens. Under the agreement, Evernorth has the right to sell up to approximately 5.219 million newly issued common shares to CF Principal Investments, with the
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10:57
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Barclays Raises Tesla Price Target to $450 from $370, Upgrades Rating to Overweight

According to BlockBeats, on October 26, Barclays raised Tesla's 12-month price target from $370 to $450 and upgraded the stock rating from Equal Weight to Overweight, representing a 21.6% increase. Barclays analysts attributed the upgrade to improved growth prospects in Tesla's core automotive business, signs of a turning point in Robotaxi operations, and strong demand for energy storage products. The bank also noted that potential synergies from a merger between Tesla and SpaceX could drive val
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10:57
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Cambricon Denies Claims of Over 1M Chip Units Shipped Next Year on Oct 26

According to ChainCatcher, Cambricon's chairman and CEO Chen Tianshi denied claims circulating in the market on Oct 26 during the company's Q3 earnings briefing that next year chip shipments would exceed 1 million units. Chen stated that the company has never made such communications and advised
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