Gate Crypto Flash News and Market Updates

According to Ukraine's Defense Ministry, the country signed a memorandum of understanding this week with Finnish tech company Nokia and satellite manufacturer ICEYE to develop new defense and satellite communication capabilities. The move follows restrictions imposed by SpaceX on Starlink and Starshield services in Ukraine, which resulted in high-speed drone disconnections and crashes. President Volodymyr Zelensky stated: "Modern warfare has shown that reliable communications are essential to na

According to Arbitrum's official announcement, the platform generated over $300K in priority fee revenue and processed 21 million transactions in the past month, signaling growth in its programmable economy. The milestones include the launch of a Mentorship Program in collaboration with Robinhood Chain, which attracted over 125 founders for its Founder House event, demonstrating expanding user engagement and platform adoption on Arbitrum One.

According to ChainCatcher, Hyperliquid Strategies has expanded its share buyback plan from $30 million to $100 million, with approximately $72 million remaining through October 31, 2027. The company's dashboard shows it currently holds around 38.8 million HYPE tokens valued at approximately $2.96 billion.

Komodo (KMD) surged 69.48% in the last hour today, with the price reaching $0.012435, up from an earlier low of $0.007315. The token's market capitalization stands at approximately $1.75 million, with 24-hour trading volume reported at $0.15.

According to BlockBeats, U.S. stocks closed lower on Friday, Oct 24. The Dow Jones fell 1.24%, the S&P 500 dropped 0.52%, and the Nasdaq declined 0.21%. Among individual stocks, SK Hynix rose 4.05% and Micron Technology gained 2.46%, while Western Digital fell 2.97% and Alphabet declined 1.24%.

According to ChainCatcher, an institution simultaneously invested in Aave and Worldcoin transferred $33.18 million in tokens to multiple cryptocurrency exchanges within the past hour, according to on-chain analyst Yuhuo. The transfers included 6,000 ETH worth $14.4 million, 19 million WLD worth $9.67 million, and 62,000 AAVE worth $9.11 million.

According to Reuters, Wells Fargo, Arm Holdings, and Intuit recently joined efforts to oppose their stocks listing on OKXICE, a stock tokenization platform jointly developed by crypto exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The total number of companies opposing the platform has now reached 22, including tech giants Microsoft and Alphabet.

According to BlockBeats, on October 24, U.S. President Trump stated that the United States may launch another small-scale strike on Iran, or alternatively reach an agreement with Tehran. Trump added that if Iran were willing to engage in serious negotiations, it should signal its readiness directly.

According to the U.S. Treasury, the agency recently amplified Treasury Secretary Scott Bessent's call to launch Operation Economic Outcast, an initiative aimed at blocking potential revenue sources for illicit activities. The Treasury stated the move is part of its ongoing commitment to combat financial crimes, particularly those linked to cryptocurrency and money laundering networks.

According to Alternative.me, the Crypto Fear & Greed Index rose to 51 today (Oct 24), compared to 50 yesterday (Oct 23). The index remains in neutral territory.

According to WSJ citing sources, the Trump administration plans to cancel 50% tariffs on certain Canadian agricultural and forestry products, with a possible announcement as early as Friday (Oct 25). The administration may simultaneously raise tariffs on other Canadian goods to offset the reduction. The announcement aims to ease tariff impacts ahead of the midterm elections.

According to Crowdfund Insider, Payward, the parent company of Kraken, received preliminary regulatory approval on October 24 to operate in Kazakhstan. The Astana Financial Services Authority (AFSA) approved in principle the issuance of a license to Payward Kazakhstan, based in the Astana International Financial Centre (AIFC). The approval enables the company to offer regulated services to local participants, including cryptocurrency trading, investment products, and digital asset custody.

According to official announcement, South Korean exchange Bithumb will list AXIS token on its KRW market, with trading opening at 12:00 local time on October 24.

According to MarketWatch, analysts believe Nvidia (NVDA-US) could serve as a defensive option for investors seeking to maintain exposure to artificial intelligence while reducing risk as Wall Street reassesses the sustainability of massive AI spending and related debt risks. Nvidia's stock has gained approximately 14% year-to-date, outperforming only slightly the S&P 500 index. The company's dominant market position, product pipeline from Blackwell to Rubin platform, and relatively attractive va

According to Axios, a U.S. intelligence memo warns that Iran's plot to assassinate American officials overseas has entered an advanced stage. The warning comes as part of ongoing security assessments regarding potential threats to U.S. diplomatic personnel and government representatives abroad.

According to IRS Criminal Investigation chief Jarod Koopman, reported by Forbes, the U.S. Internal Revenue Service (IRS) plans to launch its reformed voluntary disclosure program (VDP) by the end of November. The agency aims to reduce case processing time to a maximum of 120 days after taxpayers submit complete materials, lower penalties under the current system, and consider allowing installment payment arrangements. Koopman clarified that the IRS will not establish a separate voluntary disclos

According to CNBC, this week's AI infrastructure investment faced significant turbulence. South Korea's SK Hynix subsidiary Solidigm withdrew its IPO plans, while Meta reported free cash flow turning negative. New cloud providers (Neocloud) saw stock prices plunge and credit default swap spreads surge. The selloff extended to data center equipment suppliers, with Bloom Energy and Comfort Systems posting earnings beats yet facing substantial stock declines.

According to the U.S. Department of Justice, a Chinese citizen was extradited from the Netherlands and made an initial court appearance on charges of participating in an international cryptocurrency investment fraud scheme. The operation, run from Cambodia, defrauded 174 identified U.S. citizens out of millions of dollars. The defendant has been ordered detained, with formal arraignment scheduled for November 30 at the U.S. District Court in downtown Los Angeles.

According to iShares Silver Trust data, the fund's silver holdings increased by 14.04 metric tons to 15,499.73 tons on October 23.

According to monitoring platform Liquid247.xyz, Coinbase currently has 106.39 BTC listed for sale at $83,000 per unit, representing approximately $8.83 million and trading 2.38% above the spot price of $81,070. Total near-term sell orders on the exchange amount to $33.09 million, while buy orders total $26.08 million, leaving a net sell-side surplus of $7.013 million or 11.85% of total order book depth.