Gate Crypto Flash News and Market Updates

According to FinanceFeeds reporting, the Nasdaq Composite fell 0.7% over the past week to close at 25,955.34 on Friday, following a 2.6% drop on Thursday. The index enters what the outlet describes as the biggest earnings week of the quarter, with the Federal Reserve announcing its October policy decision at 2:00 p.m. ET on Wednesday, October 28, followed immediately by earnings reports from Alphabet and Microsoft after market close. Microsoft's fiscal first-quarter 2027 earnings call is schedul

According to Russia's Defense Ministry, over the past 24 hours on October 24, Russian forces struck Ukrainian energy and transport infrastructure, drone storage and launch sites, as well as port facilities. Russia's air defense systems intercepted one French Scalp cruise missile, four Neptune long-range missiles, and 1,297 fixed-wing drones. Ukraine's Armed Forces General Staff reported 181 combat engagements along the frontline on the same day. Ukrainian forces targeted Russian personnel, equip

According to @lookonchain, trader Machi was liquidated five times within a single hour, leaving his account with approximately $5K remaining. The incident underscores the heightened risks present in leveraged trading environments, particularly during volatile market conditions.

According to Algorand, the protocol has introduced a rekeying feature that allows users to adopt Falcon-1024 post-quantum signing without changing their public addresses or transferring assets. Over 2,000 native post-quantum accounts have already signed transactions on the mainnet using this feature, demonstrating adoption of the security enhancement amid growing quantum computing threats.

Last week, Wall Street faced renewed concerns about financing the artificial intelligence boom after Meta Platforms reported negative free cash flow for the first time since its 2012 initial public offering, triggering a broad pullback in AI-related stocks. Meta disclosed in a regulatory filing that its long-term plans could require raising "hundreds of billions of dollars over a period of several years," sparking a 7% drop in its shares on Thursday. The sell-off spread across the sector: CoreWe

According to BlockBeats and Fidelity data, as of October 5, Bitcoin treasury companies including Strategy and Strive purchased 135,979 BTC through preferred stock financing since 2025, exceeding 0.5% of Bitcoin's maximum supply. The preferred stock market for these financing activities reached approximately $12 billion in scale.

According to Guru Club, on October 20, France's parliament advanced legislation to impose a 31.4% capital gains tax on transactions exchanging crypto assets for stablecoins.

According to Ukrainian news agencies, President Zelenskyy said on October 23 that Ukraine is ready to end military conflict with Russia quickly, but will not surrender additional territory as part of a peace agreement. Zelenskyy rejected a proposal requiring Ukraine to cede 25% of its territory, noting that Russian forces currently control approximately 19.3% of Ukrainian land. Surrendering 25% would force Ukraine to abandon unoccupied areas of Donbas, which he said is unacceptable.

According to Sveriges Radio, Sweden's Government Offices will block ChatGPT and Claude on staff computers starting October 26, directing civil servants to use Microsoft Copilot as the only approved AI tool. The ban stems from information security concerns. Mikael Wettercrantz, the Government Offices' director of digitalisation, stated that consumer AI services without formal contracts pose risks, as user queries are sent to external servers where U.S. law allows authorities to compel data handov

According to Jin10, Yemen's Houthi movement conducted seven military operations against Saudi Arabia in the past 24 hours on October 25. The operations targeted critical energy infrastructure, including Saudi Aramco facilities in Yanbu and the East-West crude oil pipeline, with direct hits reportedly achieved on both targets. Additional strikes were directed at Rabigh refinery, Dhahran airport, Najran airport, Khamis Mushayt air base, and Riyadh's King Khalid International Airport. The Houthis s

According to Jack Dorsey, Block released a new full-duplex voice model called Dessa on October 23, 2026, that can run locally on consumer-grade GPUs including MacBook M4 Max. The model is trained entirely on human speech and features expressions like laughter, pauses, and emotional responses. Unlike existing speech models that convert voice to text before generation, Dessa processes speech directly and can talk and listen simultaneously, similar to OpenAI's GPT-Live model. Block said the model h

According to Lookonchain, a whale currently holds 93,184 ETH worth approximately $214 million. The position carries liquidation prices of $2,256.45 and $2,226.53, indicating exposure to downside risk if Ethereum declines further.

According to Axios, major U.S. banks including Morgan Stanley, JPMorgan Chase, and Bank of America are developing contingency plans for AI-related incidents to protect accounts and maintain operations. The banks are restricting third-party AI agent access and adjusting related policies. Banks are concerned that after customers provide login credentials to AI agents, the agents could execute operations not explicitly approved by users, making it difficult for banks to determine if activities are

According to Amazon CEO Andy Jassy on October 23, AWS cloud capacity for 2026 has sold out, with 2027 largely pre-booked and significant portions of 2028 already allocated to customers. Jassy made the comments during an Andreessen Horowitz interview, citing sustained demand from AI labs and enterprises. Amazon has announced approximately $220 billion in capital expenditure for 2026, with Jassy stating that additional investment remains justified given strong demand. AWS will reserve some capacit

According to PPP prediction market tool, an account (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $192,000 in Vitality victory contracts today (October 24) at an average entry price of 83.4 cents, acquiring 230,000 shares. The account has posted losses of $2.2 million to date. Vitality currently leads 9z 1-0 in their BO3 matchup at the PGL Major in Bucharest, Romania. The tournament features 16 teams competing in Swiss-system rounds with a $1.25 million prize pool; the top 8 teams advan

According to CoinDesk, at least 22 publicly listed companies, including Microsoft, Alphabet (Google's parent company), McDonald's, Goldman Sachs, Wells Fargo, and Cisco, have opposed their stock trading on OKXICE, a tokenized securities exchange developed through a partnership between OKX and the Intercontinental Exchange (ICE).

According to ChainCatcher, ether.fi announced the acquisition of crypto wallet Zeal Wallet. Users can now migrate directly within the Zeal app to ether.fi. Following the migration, users will have access to ether.fi's lending, yield, equities, and gold trading services. The transaction amount and specific terms were not disclosed.

According to The Cryptonomist, AI chip company Tenstorrent completed a $1.5 billion funding round today, representing 85.1% of crypto venture capital funding activity this week. The raise valued Tenstorrent at $6.2 billion post-money.

According to Arkham, Bitget hacker funds transferred $78.01 million to new addresses between October 15 and October 23.

According to security firm Blockaid, X100 on Ethereum came under attack on October 24 at 22:49 UTC, with approximately 4.85 million USDT drained across two transactions. An attacker seized two of the project's three governance seats and sold 400,000 X tokens from the treasury into a newly created empty pool. A second attacker subsequently destroyed the Uniswap V3 liquidity position held by the Freezer contract.