Gate Crypto Flash News and Market Updates

According to Yonhap Infomax's compilation of forecasts from six major Korean securities firms, Korea Tire & Technology's third-quarter operating profit is expected to decline 4.16% year-over-year to 561.6 billion won, despite revenue projected to grow 6.11% to 5.74 trillion won. Rising oil prices, shipping costs, and currency headwinds are pressuring margins. The company is offsetting cost pressures through recent price increases of approximately 3% across key markets and expanding sales of high

According to AstraZeneca, the U.S. FDA approved Ultomiris, its treatment for immunoglobulin A nephropathy (IgA nephropathy) in adults, today (October 21) via accelerated approval. IgA nephropathy is a rare kidney disease that can lead to renal failure. In interim analysis of Ultomiris' late-stage clinical trial, the drug reduced proteinuria (elevated protein levels in urine) by 43.4% at 34 weeks compared to placebo. Ultomiris is the first and only C5 complement inhibitor approved for this indica

According to Qatar's Defense Ministry, Qatar, Indonesia, Pakistan, and Turkey signed a multilateral memorandum of understanding dubbed "Badr" on October 21 in Doha. The agreement aims to strengthen cooperation among the four nations in defense manufacturing, military capability development, technical training, and research and development.

According to Hong Kong Exchanges and Clearing on October 21, 2026, Jiangsu Xinde Semiconductor passed the Hong Kong Stock Exchange mainboard listing hearing, with Huatai International as sole sponsor. The company provides semiconductor advanced packaging design, custom encapsulation products, and testing services. By revenue in 2025, Xinde ranked seventh among China's general OSAT (outsourced semiconductor assembly and test) providers with a market share of 0.6%.

According to the New York Times, citing U.S. officials and others briefed on discussions, the U.S. and Israel have formulated specific plans to strike Iran again after the U.S. midterm elections conclude. U.S. Defense Secretary Hegseeth met with Israeli Prime Minister Netanyahu this week in Israel to discuss the planned operation. The militaries have intensified drills and deployed aircraft over Iraqi airspace to rehearse strike tactics. Potential targets include Iranian energy infrastructure, n

According to the U.S. National Security Agency, on Wednesday, October 21, two critical vulnerabilities were discovered in PHP, a server-side programming language that powers approximately 70% of websites on the internet, including WordPress-based sites. The PHP Foundation has issued patches. The flaws, which exist in all PHP versions since 2004, allow attackers to infiltrate server file systems or databases. The NSA recommends that websites unable to patch immediately should be taken offline unt

According to the U.S. embassy in Saudi Arabia, on October 21, Houthi forces from Yemen have conducted ongoing hostile activities against Saudi Arabia, including attacks on civilian airports and critical infrastructure. The attacks have caused civilian casualties and severe disruption to travel. The embassy stated that these hostile actions could rapidly escalate and spread.

According to Yahoo Finance on October 21, AI company Anthropic is expected to file its public S-1 registration statement as early as October 23, citing three people familiar with the matter. The move marks a key procedural step toward an anticipated November listing. According to previously disclosed draft filings, Anthropic reported a net loss exceeding $80 billion in the first half of 2026, compared with $13 billion in the same period last year, as the company invests billions in AI infrastruc

According to Jas Khaira, Blackstone's head of AI initiatives, speaking last week at TechCrunch Disrupt, concerns over the massive debt accumulated by AI infrastructure operators are overblown. Despite CoreWeave's debt recently ballooning to about $50 billion and triggering market jitters, Khaira argued that the risk profile differs from past crises. "This doesn't feel like something where you've got 2008 banks that are shaky credits," he said, noting that most data center debt is ultimately back

According to market data, Nasdaq futures declined over 0.5% after U.S. market close on October 21, while S&P 500 futures fell 0.3% and Dow futures dropped 0.2%. Major technology stocks showed mixed movement, with IBM falling over 3.4% and Tesla down 2.9%, while Meta gained 2%.

According to Amazon Web Services threat intelligence team, the PHP 2Shell vulnerability was discovered being exploited in MadPot earlier than its public disclosure. The vulnerability is currently experiencing widespread exploitation in real-world environments. The source of exploitation traced back to an IP address associated with a commercial anonymity network.

According to the Polkadot Technical Fellowship, the Fearless Wallet browser extension has been leaking users' private keys since February 2025. Polkadot has issued an urgent security alert advising affected users to create new keypairs and transfer their funds immediately to protect their assets. The Fearless Wallet operates as a third-party application independent of Polkadot.

According to Business Insider, Meta announced on October 21 the creation of non-voting Class C common shares to diversify funding while preserving CEO Mark Zuckerberg's voting control. The company's third-quarter capital expenditure reached $34.91 billion, primarily directed toward artificial intelligence model development and data center infrastructure. Existing shareholders will receive new shares in a transaction equivalent to a 2-for-1 stock split effect.

Korea Investment Corporation (KIC) on October 22 backed a legislative proposal to strengthen oversight of the sovereign fund's profit distributions, according to its parliamentary audit response submitted to ruling party lawmaker Kim Sang-hoon. The amendment to the KIC Act, originally proposed by opposition lawmaker Heo Young in February, would require the fund's governing board to review and approve profit distributions instead of allowing ad-hoc government decisions. The move comes after the g

According to Zhitong Finance, Hang Seng Index ADR fell 0.07% to close at 23634.30 points on October 22. Among major blue-chip stocks, HSBC Holdings rose 1.07% to 147.366 Hong Kong dollars, while Tencent Holdings gained 0.33% to 395.095 Hong Kong dollars.

According to Smart Finance, Hang Seng Index October futures closed at 23,602 points on October 22, down 53 points or 0.224%, trading at a 50-point discount. Open interest fell to 133,587 contracts.

According to Yonhapinfomax citing the U.S. State Department, the 10-year Treasury yield jumped to 5.157% on October 21 afternoon after reports that the U.S. was preparing to evacuate some personnel from American embassies across the Gulf region. The 2-year yield rose 3.60 basis points to 4.823%. The spike reflected heightened geopolitical risk sentiment across financial markets. U.S. State Department spokesman Tommy Pigott later clarified via social media that evacuation orders applied only to n

Lam Research (LRCX) stock fell more than 6% after-hours on October 21 despite beating on Q1 earnings. The semiconductor equipment manufacturer reported record quarterly revenue of $8.22 billion, exceeding analyst consensus of $8.13 billion, and adjusted EPS of $2.20 versus expectations of $2.18. However, the company's Q2 guidance disappointed investors. Lam projected Q2 revenue of $8.6 billion (plus or minus $400 million) against analyst estimates of $8.54 billion, with adjusted EPS of $2.33 (pl

On October 21, the Office of the Comptroller of the Currency published its final GENIUS Act regulations, eliminating a proposed restriction that would have presumed certain third-party stablecoin yield arrangements unlawful. Instead, the regulator will assess such arrangements individually. The decision permits platforms like Coinbase to continue operating stablecoin rewards programs, though it does not automatically establish their legality. Direct interest payments to stablecoin holders remain

According to Railway's official announcement, the cloud deployment platform recently detected unauthorized access to its environment variable storage system. Preliminary investigation indicates that unauthorized third parties may have accessed encrypted environment variables and obtained decrypted content, potentially exposing API keys, database credentials, and repository secrets. Railway has suspended all deployments and recommends all users immediately rotate environment variables, API keys,