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.
Today
05:05
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Upbit Designates Inicia (INIT) as Trading Caution Token Due to Security Incidents on October 26

According to official announcement, Upbit designated Inicia (INIT) as a trading caution token on October 26 after confirming unresolved security incidents affecting virtual asset wallets managed by the issuer or operator, or distributed ledgers involved in asset issuance, transmission, and storage. The exchange implemented this measure to protect investors from potential losses. Deposit and withdrawal services for INIT have been suspended, with withdrawal service to resume first, followed by dep
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05:04
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SoftBank Plans $50 Billion Tech Investment in Malaysia, PM Says

According to Bloomberg, SoftBank plans to invest $50 billion in Malaysia, focusing on artificial intelligence, new technologies, and data centers, Prime Minister Anwar Ibrahim said on Saturday (Oct 25). Anwar said SoftBank CEO Masayoshi Son identified investment locations in Kuching, Sarawak, and peninsular Malaysia following a video conference earlier in the week.
05:04
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SK Hynix Cancels Solidigm IPO Plan, Easing NAND Supply Pressure

According to LYNX Equity Strategies, SK Hynix cancelled Solidigm's planned U.S. IPO on Friday (Oct 23), reducing future NAND flash memory supply expansion risks. The planned production facility, originally intended for Intel's Ohio campus as a joint venture, would have expanded capacity years later, putting pricing pressure on the market. LYNX analysts view the IPO cancellation as material positive for Micron and SanDisk, existing NAND suppliers facing lower competitive expansion threat. Intel l
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05:03
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Jereh Stock's Middle East Projects Face Delivery Delays Due to Regional Conflicts

According to Jin10, Jereh Stock disclosed on October 26 that some of its Middle East projects are experiencing delivery delays caused by geopolitical conflicts affecting international logistics. The company noted that equipment and material transportation have been slowed, though certain projects remain in delivery and verification stages. The firm is addressing the situation through localized production, supply chain coordination, and adjusted transportation routes.
05:02
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PancakeSwap Tokenized Stocks Surge Over Weekend with QQQB-WBNB Leading Trades

According to PancakeSwap's official announcement, the decentralized exchange observed a notable increase in trading activity for tokenized stocks over the weekend. Key trading pairs including QQQB-WBNB and SPCXB-MarsCoin from bStocks Finance gained significant traction, reflecting growing interest among traders in tokenized assets. The uptick signals expanding investor appetite for blockchain-based representations of traditional financial instruments.
05:02
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LayerZero Ends opBNB Support, CAKE Holders Must Bridge Assets by November 23

According to PancakeSwap, LayerZero will cease support for opBNB as of November 23, 2026 00:00 UTC. CAKE token holders must bridge their assets to the BNB Chain before this deadline to maintain access to their holdings; failure to do so may result in loss of access. CAKE is the native token of PancakeSwap, a decentralized exchange on Binance Smart Chain. LayerZero is a cross-chain interoperability protocol.
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05:01
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HSBC Launches HSBCnio AI Tool for Corporate Banking on October 26

HSBC announced HSBCnio on October 26, a digital tool for corporate and institutional clients to access banking services via web and mobile using existing HSBCnet logins or through application programming interfaces (APIs). Clients' AI tools can access authorized account and transaction data on a read-only basis through HSBC's Model Context Protocol. The bank plans to add more transaction banking features over time, including Ask HSBC, an AI-enabled tool for querying and interpreting banking info
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05:01
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Predict.fun Token Issuance Probability Hits 22% by Oct 31, Up 10% in 24 Hours on Polymarket

According to PPP prediction market tool monitoring, the probability of Predict.fun issuing a governance token before October 31 rose to 22%, up 10% in 24 hours. The probability of token issuance before November 30 climbed to 97%, up 14% in 24 hours. Settlement occurs only if Predict.fun officially launches a tradable governance token on the specified dates, based on official announcements and media reporting consensus.
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04:58
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U.S. Treasury Supply Shock Transmits 70% of Rate Increases to Foreign Bond Markets Within 3 Business Days: IMF Study

According to IMF economist Danila Smirnov, on October 26, a 10 basis point increase in U.S. Treasury supply shocked foreign bond markets, raising 10-year yields by approximately 7 basis points within 3 business days. The research, which analyzed 39 countries, found a spillover elasticity of 0.7, meaning foreign bond markets absorbed about 70% of the U.S. rate increase. The supply shock also transmitted to real economic activity. Following the shock, U.S. industrial production declined by up to 0
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04:58
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LS Eco Energy Invests $50M in Vietnamese Ultracapacitor Plant for AI Data Centers

LS Eco Energy announced today (October 26) that its Vietnamese subsidiary LSCV will invest approximately 65 billion Korean won (roughly $50 million USD equivalent) to establish an ultracapacitor (UC) production facility for AI data center applications. The plant is expected to begin mass production and supply in April 2027, targeting annual revenue of 150 billion Korean won by 2030. The investment supports the supply expansion of affiliated company LS Materials, which recently signed a contract
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04:53
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Ethereum Ancient Whale Transfers 5,000 ETH in 2 Hours, 1,500 ETH ($3.45M) Deposited to CEX

According to on-chain analyst Yueyin, an Ethereum ancient whale transferred 5,000 ETH over the past 2 hours on October 26, with 1,500 ETH (approximately $3.45 million) deposited into a centralized exchange. The whale had originally purchased 100,000 ETH at $0.311 per coin during early ETH distribution, with a total cost of approximately $31,100. In 2016, the whale sold 50,000 ETH at $5.47 per coin, generating approximately $273,500 and realizing a profit of around $258,000. The remaining 50,000
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ETH-1.83%
04:37
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CZ Urges Japan to Accelerate Digital Transformation, Encourages Youth to Pursue AI and Blockchain Ventures

According to BlockBeats, CZ urged the Japanese government to accelerate digital transformation and encouraged young people to pursue AI and blockchain ventures on October 26 during an interview with Japanese business media PIVOT. CZ stated that AI and blockchain combined will enhance societal efficiency and increase economic transaction volumes. He projected that AI agents will boost transaction speed and volume by 1,000 to 1 million times, enabling micro-transactions such as paying 1 yen to vie
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04:37
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BNK Financial's Q3 Net Profit Misses Estimates, Falls 28.45% YoY to 210.5B Won

According to Yonhap Infomax, BNK Financial Group's Q3 consolidated net profit declined 28.45% year-over-year to 210.5 billion won, falling short of market expectations of 238.4 billion won, the company announced on October 26. Operating profit dropped 37.04% YoY to 239.4 billion won, while revenue rose 34.92% to 3.12 trillion won. Quarter-over-quarter, net profit increased 5.05%.
04:36
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SK Hynix to Announce Shareholder Return Measures on Wednesday

SK Hynix responded on October 26 to reports of a 16 trillion won special dividend, stating it will unveil its shareholder return measures on Wednesday. The announcement comes as investors await details on the company's capital allocation plans amid strong semiconductor sector demand. Meanwhile, Hong Kong markets showed mixed sentiment on October 26 morning, with the Hang Seng Index up 0.4%, tech stocks declining 0.4%, and Meituan rising over 3%. The ChiNext Index in mainland China fell 1.65% as
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