Gate Crypto Flash News and Market Updates

According to Apollo Global Management's October 24 research note, chief economist Torsten Slok found that revenue per worker and profit margins increased significantly among the Magnificent Seven technology companies, but remained broadly flat across the other 493 firms in the S&P 500. A September analysis found that 69% of S&P 500 companies were actively deploying AI, yet only 29% reported quantified outcomes and just 2% tracked a performance metric over time. Apollo also examined total factor

According to DefiLlama data cited by Foresight News, over the past 7 days, Uniswap led decentralized exchange trading volume with $130.79 billion, followed by PancakeSwap at $58.92 billion and Aero at $35.38 billion. Aero Slipstream, which launched on October 22 following the merger of Aerodrome and Velodrome, generated $8.68 billion in trading volume. Pump and Solana-based BisonFi rounded out the top five with $19.38 billion and $18.62 billion respectively.

According to Lookonchain, a trader who previously profited $3.3 million from NEAR trades has accumulated 26,974 ETH worth approximately $63.88 million following recent market decline. The position currently shows unrealized gains of $842,000.

According to social media posts, Tesla CEO Elon Musk recently criticized Ukrainian leadership over what he described as a divide between the elite and ordinary citizens. Musk alleged that while billions of dollars flow into Ukraine, the elite profit from these funds while common Ukrainians bear the costs of war through military conscription and casualties in combat. Musk's comments, made on October 11 and 15, added to previous calls for President Volodymyr Zelenskyy's resignation. His statements

According to official announcements in late September 2026, China's Digital Yuan Operations and Management Center unveiled DCEPS, a central bank payment system, alongside the e-CNY SMART Contract framework. DCEPS integrates digital currency issuance management, retail and wholesale payment services, blockchain capabilities, and smart contract functionality into a single system designed to reduce costs and simplify access for financial institutions. The e-CNY SMART Contract framework establishes

According to Uanalyze, AST SpaceMobile signed a commercial agreement with three Brazilian telecommunications companies—Brisanet, Unifique, and Iez! Telecom—on October 24 to deploy direct-to-phone satellite services. The carriers will provide 700MHz spectrum and invest in ground gateway infrastructure to integrate the satellite system with their existing mobile networks. Under the partnership, users can access satellite voice calls, broadband, and video streaming on standard smartphones without h

According to 優分析, on October 24, Google announced it is expanding its partnership with Voltus to establish a 1GW virtual power plant across the PJM grid region in the United States. The collaboration, which is ten times larger than a previous 100MW agreement, will aggregate flexible electricity resources from businesses and households to enhance grid reliability in areas where Google operates data centers. When grid supply is tight, Voltus notifies participating users to temporarily reduce elect

According to Mesh's official announcement on October 19, 2026, Mesh, a US-based crypto payments network, partnered with Visa to allow consumers to spend cryptocurrency and stablecoin balances directly through existing wallet applications at physical stores and online merchants. The collaboration combines Visa's merchant network spanning over 175 million locations across 200+ countries with Mesh's payment infrastructure, enabling transactions without requiring users to convert assets to fiat or o

According to Reuters, on October 23, an Argentine federal judge dismissed the criminal investigation into President Javier Milei's involvement in LIBRA memecoin, ruling that the evidence did not establish fraud despite the token's dramatic collapse. Judge Marcelo Martínez de Giorgi's decision covers 11 defendants including Milei's sister Karina, American businessman Hayden Davis, and others. The LIBRA token reached a market capitalization exceeding $4.5 billion after Milei promoted it on Februar

According to official governance proposal, Toto Finance has requested 22 million ADA (approximately $5 million) on October 16 to establish Cardano Strategic Copper Reserve. Of the total request, approximately 14.72 million ADA (66.9%) would purchase COMEX Grade 1 copper cathodes, with remaining funds covering storage, insurance, audits, and operations. Under the proposal, copper would be purchased at approximately $6.73 per pound and require a 49.4% price increase to approximately $10.06 to reco

According to Reuters, on October 23, 22 companies including Microsoft, Alphabet and Goldman Sachs filed objections with OKXICE, a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (NYSE's parent), against plans to trade blockchain-based versions of their shares. The opposition grew from 9 companies on October 15 to 16 on October 19, reaching 22 by October 23. Latest objectors include Wells Fargo, Arm Holdings, Intuit, Cisco Systems, Moderna and Marvell Technology, j

According to LYNX Equity Strategies, SK Hynix canceled Solidigm's planned US initial public offering on October 23, eliminating a potential source of NAND flash memory capacity expansion. The analyst firm noted that Solidigm's scrapped IPO, which would have funded new US production at Intel's Ohio facility, reduces medium- to long-term supply growth risks for the global NAND market. The move supports pricing and valuations for existing suppliers Micron and SanDisk, though it represents a small h

According to OpenAI, a critical vulnerability (CVE-2026-111497) with a severity score of 9.2 was discovered in Google's Brotli compression library, affecting Node.js, Python, Bun, and other widely-used software. The flaw occurs during decompression when malformed data causes the program to write beyond memory boundaries instead of stopping, potentially allowing unauthenticated remote code execution. Google engineers patched the underlying error on February 27, but it was not initially classified

According to Odaily and Frank's X statement, DeGods founder and renowned trader Frank clarified that his primary perpetual futures wallet remains unprofitable overall, despite claims calling him the best trader. Frank stated that most of his current profits derive from onchain trades across multiple market cycles. Frank's account had previously ranked first on Fomo platform's cumulative profit and loss (PnL) leaderboard, surpassing Bonk Guy, but has since slipped to second place.

According to Odaily, economist and Bitcoin critic Peter Schiff said on X today that Bitcoin has finally begun to weaken and has now broken below $80,000. Schiff noted the next potential support level could be $75,000. If that level fails to hold, Bitcoin holders and particularly spot ETF investors will face a difficult weekend, as they cannot sell their positions until Monday.

BORA surged 14.64% to $0.028438 today within 60 minutes, marking a sharp rally from an intraday low of $0.023268. The 24-hour trading volume reached $1,323,209, with the token's market cap standing at $31,913,682. The price movement reflects heightened trading activity and bullish sentiment, with BORA posting a 24-hour gain of 16.74%.

According to The Sunday Times, UK Prime Minister Keir Burnham expressed openness on October 24 to discussions on restoring freedom of movement with the European Union as a way to strengthen bilateral relations. Burnham stated that Britain should engage in "frank discussions" to explore different options for closer ties with the EU. However, he ruled out the possibility of the UK joining the Schengen Area.

According to Beating AI, Anthony Morris, creator of Claude Code desktop version, announced his departure from Anthropic on October 25. Morris developed the desktop interface that allows users to manage AI programming tasks through a visual interface, run multiple Agent sessions, and track code modifications. The team released a major update on October 14 improving multitasking and session management. Another Claude Code engineer, Thariq Shihipar, also announced his departure previously, citing p

According to Jin10, Saudi Arabia's King Khalid International Airport in Riyadh resumed partial operations on October 25 after a two-week shutdown following an attack. The Yemen-based Houthi movement warned the same day that the airport remains a military target and that aircraft and personnel should avoid it. The airport was severely damaged in an October 10 strike that killed 13 people and wounded over 300, marking Saudi Arabia's deadliest attack in over a decade.

According to Reuters, General Motors terminated its long-term supply agreement with e-VAC Magnetics, a U.S. subsidiary of German magnet manufacturer VAC, on July 1, 2026, forcing both parties into arbitration. The cancellation threatens to undermine Energy Fuels' $1.9 billion acquisition of VAC announced in June 2026. The magnet supply deal had been a key factor attracting Energy Fuels to the transaction. Energy Fuels subsequently indicated it would renegotiate the acquisition price. The decisio