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.
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16:09
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NEAR Launches Confidential Jio Pre-IPO Trading Contract With 5x Leverage

According to ChainCatcher, NEAR ecosystem announced the launch of Confidential Jio pre-IPO trading contract, enabling users to trade related assets before Jio's official listing. The contract offers up to 5x leverage for flexible risk management. Following Jio's IPO completion, the contract is
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16:02
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CFTC Chairman Michael Selig to Discuss Digital Assets at Link:NYC

According to Chainlink, CFTC Chairman Michael Selig will discuss the future of digital assets and onchain finance at the upcoming Link:NYC event. The discussion is expected to shape the regulatory landscape and provide clarity on how the agency plans to address digital asset regulation in the U.S.
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16:02
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Spicenet Completes $5M Series A Funding Round Led by dao5 on October 27

According to PANews, Spicenet, an on-chain finance brokerage network, completed a $5 million Series A funding round led by dao5, with Babylon and Astrarizon participating. Including its prior $3 million seed round, total funding reached $8 million. Proceeds will support the launch of
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15:59
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Cuba's Foreign Minister Denounces U.S. Ambassador at UN General Assembly on October 27

According to CCTV International, Cuba's Foreign Minister Rodriguez clashed with U.S. Ambassador Waltz during the 81st UN General Assembly session on October 27 over a resolution addressing the U.S. embargo on Cuba. When Waltz claimed the U.S. has no embargo in place, Rodriguez repeatedly invoked UN procedural rules to interrupt him. Cuba's delegation stood and protested at the podium. As Waltz left the floor, attendees shouted "liar" and "let Cuba live."
15:53
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GQG's Jain Calls Brazil Selloff a 'Mistake,' Eyes $150B Fund as Buyer

According to Bloomberg, Rajiv Jain, co-founder of GQG Partners, criticized investor reaction to Brazil's election results, saying the selloff following President Luiz Inácio Lula da Silva's re-election was an overreaction. Jain, who manages approximately $150 billion in assets, pointed to strong corporate valuations, robust earnings, and high dividend yields in Brazil. "From a long-term perspective, we believe Brazil is one of the most attractive equity markets in emerging markets," Jain said. H
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