Gate Crypto Flash News and Market Updates

According to Kering, Gucci sales fell 6% in the third quarter to €1.29 billion (approximately $1.44 billion), dampening market expectations for the luxury group's near-term recovery. The flagship brand accounts for roughly half of Kering's profit. On an organic basis, the group's overall revenue declined 1%.

Spot silver dropped below $55 per ounce intraday on October 22, declining 5.12% during the trading session.

According to Open Web Movement, digital advertisers and publishers filed complaints with EU and UK regulators on October 22, requesting suspension of Meta's new commercial terms set to take effect on October 30. The advertisers and publishers claim the new terms will grant Meta unlimited rights to use their content for artificial intelligence services. The organization has asked both the European Commission and UK Competition and Markets Authority to take interim measures.

According to @Optimism, ExactlyProtocol has launched a decentralized credit market on the Optimism Mainnet. The platform now supports a crypto credit card and a buy-now-pay-later service, aimed at increasing liquidity and credit access within the blockchain ecosystem.

According to BlockBeats, Andreessen Horowitz (a16z) will rename a16z crypto to a16z Frontier and expand its investment focus from cryptocurrency startups to broader frontier technology companies on October 23, partner Chris Dixon announced. The shift encompasses early-stage firms building new technologies and opening new markets that may require years to mature. Dixon emphasized this represents scope expansion rather than a pivot, stating the team will continue investing in crypto and related bu

U.S. Treasury option call premiums reversed to premium for the first time since March on Thursday, according to market data, as traders increased purchases of multiple call option structures. Single-directional fund flows indicated that bond traders are hedging against potential larger moves in long-end yield curves, signaling rising hedging costs in the market.

According to Jin10, on October 23, key economic indicators will be released, including Japan's core CPI, eurozone and U.S. manufacturing PMI preliminary readings, and the U.S. Michigan Consumer Sentiment Index final reading.

According to Norway's sovereign wealth fund, the fund is among the affected investors in Turkey's fund crisis and has taken measures to review its Turkish equity holdings. Deputy Chief Executive Officer Trond Grande stated in a call with reporters: "We are more like victims than perpetrators."

According to TechCrunch, Uber and OpenAI announced an expansion of their partnership on Thursday, with Uber deploying ChatGPT Work to its entire global workforce of 30,000 employees. The deployment expands a pilot program launched earlier this year with 1,000 workers across finance, operations, and product departments, where 80% of early adopters were non-engineers using the tool for tasks including data analysis, content localization, and workflow automation.

According to Visible Alpha, BE Semiconductors Besi reported third-quarter orders of €3.426 billion (approximately $3.852 billion) in October 2026, surpassing analyst expectations of €2.98 billion. The orders grew 17% compared to the second quarter and 96% year-over-year, driven primarily by strong demand from artificial intelligence data centers.

According to Base's official announcement, the blockchain recently welcomed Aero to its community, coinciding with the launch of the Base Meme Summit. The community-driven event aims to elevate discussions around memecoins, reflecting growing interest in this market segment. Social media engagement on Aero's welcome announcement reached 257 likes and 25 retweets, indicating strong community participation. Base is positioning itself at the forefront of memecoin development and community engagemen

According to Ethereum Foundation, the foundation amplified an announcement on October 22 regarding the release of EIP-8450's first draft, which introduces a post-quantum public key registry aimed at enhancing Ethereum's consensus security. The proposal, originally posted by @tcoratger, represents a development in securing blockchain networks against quantum computing threats.

According to Semafor, Elon Musk invested $1 billion in Skydance, the media and entertainment company founded by David Ellison.

According to The Information, on October 22, 2026, Israeli security firm Lava identified 32 Nvidia Blackwell Ultra B300 chips linked to IP addresses connected to China Telecom, the state-owned carrier. The discovery violates U.S. export controls that prohibit sales of advanced AI chips to China on national security grounds. Lava traced the chips through exposed instances of Nvidia's DCGM Exporter, a monitoring tool that GPU operators use to track hardware performance. The associated IP addresses

According to GMGN co-founder Haze via ChainCatcher, the protocol's self-developed cross-chain bridge is currently undergoing limited testing, with a focus on ensuring transaction speed, security, and stability. Once launched, the feature will allow users to purchase tokens across multiple blockchains directly within the GMGN App using USDC.

According to Curve Finance's official announcement on Twitter, the protocol has launched a permissionless propAMM and invited users to participate in governance voting. The new feature aims to enhance community engagement and streamline decision-making within the platform through user-driven governance mechanisms.

This Friday, October 23, Cosmos Chief Commercial Officer Eran Barak will moderate a panel on payments and standards at the LF Decentralized Trust workshop in New York City. The discussion will feature industry experts from Mastercard, Circle, and OpenAssets, focusing on the role of standards in connecting payment networks and digital assets.

According to analyst James Seyffart, the SEC is deliberating on the parameters for prediction market ETFs, with ongoing filings related to holding prediction market contracts suggesting potential approval could be forthcoming.

According to CoinMarketCap, MemeCore (M) led today's top 100 cryptocurrency performers with a 16.72% gain on October 22, while LayerZero (ZRO) saw the largest decline, falling 15.56%.

According to Wall Street Journal, on Monday, healthcare stocks surged as investors shifted toward defensive assets amid concerns over artificial intelligence capital expenditure risks. SPDR Healthcare ETF (XLV) rose over 2%, with Moderna (MRNA) jumping 6.7% and Bristol Myers Squibb (BMY) climbing 4.9%. Healthcare valuations have reversed from a 25% discount to the broader market one year ago to a modest premium, with XLV's estimated price-to-earnings ratio now at 19.3 times, slightly above the S