Gate Crypto Flash News and Market Updates

According to ChainCatcher citing Observer Network, the abbot of Donglin Temple in Yilan, Taiwan, Zhang Qingyu, and his son Zhang Weifu, who is also a monk, are suspected of embezzling temple donations worth over 3.3 billion Taiwan dollars (approximately 70 million yuan). Investigators excavated more than a dozen iron boxes containing gold and silver from beneath gravel outside a meditation chamber. Investigations revealed that temple funds were transferred to private accounts and laundered throu

According to Coinglass data on November 7, if Bitcoin breaks $77,000, accumulated short liquidations on major centralized exchanges could reach $958 million. Conversely, if BTC falls below $75,000, accumulated long liquidations could hit $345 million.

According to ChainCatcher, Pump.fun co-founder Alon announced the platform has introduced Diamond, an experimental rewards algorithm within its Callout Rewards program designed to incentivize users to promote high-market-cap tokens and attract perpetual futures traders and users from non-Solana

According to People's Bank of China Governor Pan Gongsheng, on November 7, the PBOC announced regulatory policy updates for virtual currencies and real-world asset (RWA) tokenization during a report to the Standing Committee of the National People's Congress. The bank will refine its virtual currenc

On Nov 7, Wafer Memory Maker Walton Chairman Chiao Yu-chun said the company's expansion benefits are expected to materialize starting next year, with the industry broadly anticipating continued growth through 2028–2029. However, Chiao warned that the industry's main concern is that "the next

According to Mirror Daily, Taiwan's stock index fell 12,000 points over the past month, declining nearly 24% as of November 7. On November 6 alone, the market dropped 1,873 points, closing at 39,701 and breaching the 40,000-point

According to COINOTAG, on November 7, Quant (QNT) reached $198.97, up 5.3% in 24 hours at 06:10 UTC, extending a 192% rally over two months. The token now tests key resistance at $205.08 as traders assess whether the uptrend can break through this

According to Bespoke Investment Group, on Friday (November 6), data center equipment suppliers faced renewed pressure following U.S. mid-term election results, which raised investor concerns about potential construction restrictions. However, the investment firm argued that for globally

According to Taiwan News, Taiwan's stock index suffered its largest intraday decline on Friday, November 6, dropping over 3,700 points amid intense selling pressure. However, the index recovered overnight on the back of a U.S. technology rally, with the Philadelphia Semiconductor Index

According to a consultation summary announced recently by Hong Kong's Securities and Futures Commission (SFC), the regulator proposes to restrict unauthorized institutions from using specific terminology that could mislead the public into believing their business is regulated or affiliated with

According to Hyperliquid's Discord announcement reported by Foresight News, the platform will undergo a network upgrade on Nov 7 at approximately 16:15 UTC, with services expected to be suspended for around 10

According to Bloomberg, Autokiniton US Holdings Inc., an auto parts supplier, has shelved its plan to amend and extend a $1.05 billion leveraged loan agreement. The company had previously proposed shortening the extension by one year to 2030, raising the loan discount to 97.5 cents per dollar of par

According to the Associated Press, on Friday (Nov 7), the U.S. military conducted a limited strike against Iran's air defense system, which was destroyed within 5-15 minutes, President Trump stated. Iran's state media reported explosions in the Souza area of Qeshm Island.
The U.S. Central Command a

According to financial news, IMF Chief Kristalina Georgieva stated on Nov. 7 that central banks should factor in the possibility of AI-driven growth slowdown when assessing measures to combat inflation. Georgieva, speaking at the IMF headquarters in Washington, D.C., noted that growing concerns

According to CME data on November 6, energy and precious metals contracts showed mixed trading and open interest activity. Silver volume fell to 66,395 contracts with open interest at 113,523 contracts, down 26,844 and 1,985 contracts respectively from the prior trading day. WTI crude oil trading volume declined to 820,824 contracts with open interest at 1,914,794 contracts, down 108,822 and 3,767 contracts respectively. Meanwhile, natural gas volume increased to 497,718 contracts, though open i

The China CDC and Africa CDC jointly held the inaugural China-Africa Public Health Forum in Guangzhou on November 6-7. The forum focused on strengthening infectious disease prevention and control through a new partnership framework, with discussions covering global infectious disease challenges, disease surveillance, diagnostic innovation, vaccine development, and public health product accessibility in Africa. Participants also conducted specialized sessions on tropical disease control, tubercul

According to The Information, Microsoft reduced third-quarter capital expenditures by approximately $5 billion due to delays in Iren's data center project in Childress, Texas. The company had previously committed $9.7 billion over five years to lease Nvidia GPU-equipped servers from Iren. Power grid access also emerged as a constraint—Microsoft withdrew from a UK data center lease with Nscale citing grid connection delays. Meanwhile, AI server supplier Supermicro reported Q1 revenue of $19.95 bi

According to COINOTAG, on November 7, TeraWulf Inc. (Nasdaq: WULF) reported Q3 2026 high-performance computing lease revenue of $63.0 million, up 774% year-over-year. The company's HPC leasing business has become its primary revenue driver, surpassing bitcoin mining operations.

According to ChainCatcher, Keplr suspended its Google and Apple social login functionality on November 7 after users reported unauthorized transactions in their accounts. The wallet provider stated that accounts recovered via seed phrases and hardware wallets were unaffected, while users with socially-logged accounts should refrain from depositing additional funds until the matter is resolved.

According to OneBullEx's official announcement, the platform launched its Spartans Strategy funding plan on November 7, with a Q4 investment pool of $2 million USDT. The maximum allocation per single strategy is capped at $1 million USDT.