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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19:33
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MegaETH Lays Off 20% of Staff This Week, Commits $30M to New AI Products

According to ChainCatcher, Ethereum Layer 2 project MegaETH has cut 20% of its workforce this week as part of a restructuring effort. The foundation, which recently rebranded to MEGA, committed $30 million toward new products including AI inference. Co-founder Shuyao Kong confirmed the layoffs on
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MEGA-1.45%
ETH-2.99%
19:11
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Gemini Trading Volume Crashes 73% While Revenue Falls 19% in Q3 2026

According to its November 12 earnings release, Gemini reported a 73% year-over-year collapse in third-quarter spot trading volume and a 19% revenue decline. Trading volume plunged to $4.5 billion from $16.4 billion a year earlier, while quarterly revenue fell to $40.9 million from $50.6 million.
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19:05
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Aave V3 Gets Proposal for Dynamic Borrowing Caps via LlamaRisk

According to ChainCatcher, risk management firm LlamaRisk recently proposed introducing dynamic borrowing caps for Aave V3. The mechanism would calculate cap increases using Chainlink's CRE (Coming Request Exchange) framework to limit borrowing growth
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