Gate Crypto Flash News and Market Updates

According to Bitcoin Magazine, Franklin Templeton registered two Bitcoin dividend reinvestment ETFs on Nasdaq on October 22. The Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF will launch with a 95% allocation to U.S. stocks and 5% to bitcoin, with an effective date of October 27. All stock dividends are automatically reinvested into bitcoin at market open on the day after the ex-date. FBEQ carries a 0.09% expense ratio with no 12b-1 fee. The b

According to Bitcoin Magazine, Block launched "Bitcoin Does," its first mass-consumer Bitcoin advertising campaign on October 23, aimed at 60 million Americans curious about but not yet adopting Bitcoin. The campaign emphasizes real-world utility over technical explanations such as mining and blockchain technology. Maria Pesce, Head of Bitcoin Marketing at Block across Cash App, Square, and Proto, explained the ads focus on how Bitcoin works in practice rather than theoretical concepts.

According to New York Attorney General Letitia James, announced on October 23, the state is seeking a $1.37 billion judgment against the operators of NovaTech and AWS Mining, two successive cryptocurrency investment schemes that allegedly defrauded over 300,000 investors worldwide of more than $1.1 billion. Alleged founders Cynthia and Eddy Petion fled the country and did not appear in court. NovaTech promised weekly trading returns of 2-4 percent; records show only $26 million of over $1 billio

According to Chaincode Labs developer Antoine Poinsot, Bitcoin Core ended its extended security disclosure embargoes for vulnerabilities that large language models can easily rediscover, announcing the policy change on October 23. The project now fast-tracks fixes and point releases for issues flagged as easily discoverable during triage, with security advisories published simultaneously alongside the patched software. Poinsot noted that LLMs have drastically reduced the barrier to finding certa

According to its written submission to the National Assembly, the Bank of Korea plans to draft an amendment to the Foreign Exchange Transactions Act by year-end, with the aim of regulating stablecoins as a means of payment. The central bank's October 22 report cited cross-border transaction monitoring and regulatory gaps around personal wallets as key factors requiring tighter controls. The amendment would bring dollar stablecoins under similar cross-border reporting requirements as wire transfe

According to Bitcoin Magazine, Blockstream launched institutional consulting services and opened an office in Lugano, Switzerland, on October 23. The new consulting business will support banks, asset managers and other financial institutions with technical strategy, system architecture and implementation of Bitcoin-based infrastructure. From Lugano, Blockstream plans to serve clients across Switzerland including Zurich, Geneva and Zug, with the office operating as a hub for European operations.

According to China News Net, the AIGC-Era Internet Advertising Governance Whitepaper was officially released on Oct 24 during the 33rd China International Advertising Festival. The whitepaper categorizes AIGC advertising risks into four types—content violations, technical evasion, transaction chain issues, and emerging scenarios—and proposes governance recommendations across eight dimensions. Alibaba's Juliangyin platform reported that its multimodal AI model reviews 90% of ad creatives within 1

According to ChainCatcher, crypto wallet Phantom launched access to Kalshi prediction markets for U.S. users on October 23, allowing them to trade event contracts directly within the Phantom app. Trading uses CASH stablecoins from Phantom Cash accounts, with funds converted to fiat for settlement on Kalshi; withdrawals and profits return to Phantom Cash. The platform charges 0.02 USD per contract plus network fees. Due to local regulatory concerns, Phantom will restrict certain market categories

According to Agence France-Presse, on October 24, approximately 250,000 people gathered in central Madrid to protest rising living costs and demand protection for Spain's pension system, ahead of parliamentary elections scheduled for next month.

According to BlockBeats, on October 24, Liquid Capital founder Li Lihua stated that while maintaining a bullish outlook on the current market trend, the crypto industry is indeed at a low point due to AI drawing away significant talent and capital. Li noted that over the past two months he has consistently expected a pullback around $86,000, similar to his prior prediction of a bounce reversal near $84,000 in May. He emphasized the importance of learning from investment mistakes.

According to Jin10, Iranian President Masoud Pezeshkian called for renewed efforts to reach an agreement with the United States in a statement broadcast on national television Saturday (Oct 24). Pezeshkian criticized the U.S. for causing the collapse of interim negotiations, saying: "We were negotiating, but those weak Americans ruined everything... I still believe we should continue efforts to reach an agreement."

According to Odaily, CMCC Global plans to tokenize its Crest and Liberty Bitcoin Accumulation Fund (LBAF) through Tether's Hadron infrastructure and distribute them via Bitfinex Securities under El Salvador's digital asset framework. Crest is priced at $10 per token and targets outperformance of U.S. Treasury yields; LBAF is priced at 0.0001 BTC per token with a target annual net return of 8-12% in BTC. Token holders must pass KYC and AML verification to access whitelisted addresses.

According to Odaily, the Blockchain Association sent letters to Senate Majority Leader John Thune, Minority Leader Chuck Schumer, House Speaker Mike Johnson, and House Minority Leader Hakeem Jeffries, urging them to establish bipartisan digital asset tax legislation. The association launched taxclarityforamerica.com to help constituents contact their representatives. Key demands include establishing meaningful tax exemptions for small crypto transactions, treating qualified stablecoins as cash f

According to BlockBeats, on October 24, trader Bonk Guy's portfolio value dropped to $8.9 million from $27.6 million on September 6, representing an $18.7 million decline. His top three holdings are PONS ($2.5M), USELESS ($2.48M), and MARSCOIN ($1.68M).

According to crypto commentator @WuBlockchain, Dogecoin Labs has launched a new payment solution to enhance Dogecoin's utility in everyday transactions. The initiative aims to broaden use cases for the cryptocurrency and increase accessibility for users engaging in routine payments.

According to Defillama data cited by BlockBeats, on October 24, Pump.fun's protocol revenue over the past 24 hours reached $1.98 million, surpassing Hyperliquid's $1.96 million. The two protocols ranked third and fourth respectively, behind Tether ($17.28 million) and Circle ($6.88 million).

According to ChainCatcher, Ukrainian President Zelenskyy stated that Starlink restrictions have been fully lifted.

Haseeb Qureshi, a partner at Dragonfly, disputed DFINITY founder Dominic Williams' allegations that NEAR Intents used threshold ECDSA signature technology without authorization, showing patent application screenshots indicating the patent was only granted in late July and remained in "pending" status before that. NEAR Intents modified its algorithm in September. Qureshi noted that if Williams' claims are accurate, the alleged patent infringement would span approximately one month, and the underl

According to DTCC's recent announcement highlighted by KuCoin, the Depository Trust & Clearing Corporation has launched a tokenization service designed to bring up to $30 trillion in real-world assets on-chain. The service initially covers 25 securities, including U.S. Treasuries, equities, and ETFs, and operates on permissioned blockchain networks such as Canton and Hyperledger Besu. The initiative aims to enable more efficient transactions and 24/7 collateral transfers while preserving existin

According to China Securities Journal, the 32nd China Yiwu International Commodities Fair concluded recently, attracting 193,628 professional buyers over four days, up 4.08% year-over-year. Foreign buyers reached 14,759, representing a 23.37% year-over-year increase and hailing from 224 countries and regions. The event included parallel trade matching sessions such as the 2026 'Jintrade Global' supplier-buyer forum targeting the Middle East and ASEAN markets.