Gate Crypto Flash News and Market Updates

According to FinanceFeeds reporting, IREN stock fell to $18.30 on Thursday (November 5) ahead of fiscal first-quarter results, extending an 11.24% decline from Wednesday's close as investors weighed execution risks around the company's Texas data-center campus and Microsoft contract delays.

According to OpenAI, the company's autonomous cybersecurity system identified 948 distinct Linux privilege-escalation vulnerabilities and developed working exploits on Wednesday. The research cost $1.21 million in API credits, averaging $1,279 per vulnerability, for scanning approximately 2.8 million lines of kernel code. A newer, unreleased AI model found more than five times as many vulnerabilities as an earlier version tested in July, even after the kernel had undergone months of fixes. OpenA

Meta President Dina Powell McCormick warned on Wednesday at the WSJ Tech conference that Democratic midterm election wins will significantly complicate the company's ability to build new data centers. Powell McCormick noted that backlash against data center construction, which was a prominent

According to Russian newspaper Kommersant, Bochkari, a local soft drink manufacturer, requested President Putin in mid-October to confiscate Multon Partners—owned by Coca-Cola HBC—and place it under temporary state control. Bochkari argued that Multon's owner's decision to halt investments in Russia is damaging the Russian economy and tax revenue. Coca-Cola HBC, listed on the London Stock Exchange, saw its share price plunge 17.88%, marking the largest single-day decline since March 2020.

According to ChainCatcher, EEZ launched Rollup X devnet at Devcon on November 5, enabling single-transaction calls to Ethereum mainnet liquidity and cross-chain contracts.

According to a presidential decree signed by Vladimir Putin, Russia has placed Japan Tobacco International's (JTI) Russian subsidiary under temporary government control, with operations transferred to JSC Industrial Assets. JTI has operated in Russia since 1999 and maintains a market-leading position with brands including Winston and Camel cigarettes. The company employs approximately 4,000 people and operates multiple production facilities across Russia.

According to a statement from Iraq's Prime Minister's office on November 5, Iraqi Prime Minister Mohammed Shia al-Sudani held a phone call with U.S. President Donald Trump to discuss regional developments, security dynamics, and future prospects. Both sides emphasized strengthening bilateral coordination and consultation to support regional stability, prioritizing dialogue and diplomatic channels to address crises and prevent conflict escalation. Iraq reiterated its commitment to respecting nati

According to Finance Minister Fernando Durigan, President Lula and a group of economists have reached a high degree of consensus on their assessment of economic challenges and the path forward. Durigan stated that efforts are underway to improve the country's public accounts, aligning with

Onshore Chinese yuan (CNY) closed at 6.6680 against the U.S. dollar early Thursday morning (November 5) at 03:00 Beijing time, up 75 pips from Wednesday's night session close. Trading volume reached 65.003 billion U.S.

Mexico's central bank cut interest rates by 25 basis points to 6.25% on November 5, according to official announcements. The move came as a surprise against market expectations, which had anticipated the central bank would maintain rates

According to CoinDesk, Daylight, an a16z crypto-backed energy startup, raised $75 million on October 16, 2025, comprising a $15 million equity investment led by Framework Ventures and $60 million in non-recourse project financing from Turtle Hill Capital. The company launched the DayFi protocol on Ethereum in December 2025, which uses a dual token system: GRID as a stablecoin and sGRID as a yield-bearing asset backed by solar installation revenue. Investors deploy capital through DayFi to gain e

According to CNBC, the Chicago Board Options Exchange (Cboe) Volatility Index (VIX) surged to 26.61 on November 5 at 1:44 p.m. ET, up 10.00 points or 60.20% from the previous trading day, marking its highest level since March 31. The surge followed the S&P 500's worst single-day decline in approximately 1.5 years. Wall Street traders noted the VIX rise may not have fully reflected the market's sharp sell-off, given the industry standard of 16 VIX points equivalent to 1% index movement.

Fetch.ai will sponsor a $11,000 AI engineering hackathon on November 7 in San Francisco, collaborating with Google DeepMind, Meta, and MongoDB, according to its official announcement. Participants will develop applications using Fetch.ai's ASI:One platform in a competitive environment.

Saudi Aramco cut its official selling price for Arab Light crude oil destined for Asia in December to a $7 per barrel discount versus the benchmark, according to the pricing announcement.

According to Arabia TV, a Saudi official today denied claims in a Wall Street Journal report regarding Houthi demands for reparations and international recognition, calling the allegations baseless. The official emphasized that Yemen has a government recognized by the international community.

According to ChainCatcher, the SEC's proposed amendments on financial responsibilities, record-keeping, and reporting requirements for crypto asset brokers have entered White House review.

According to FinanceFeeds technical analysis on November 5, gold rebounded from the 3,890 weekly support level and formed a weekly Bullish Engulfing candlestick reversal pattern. The price action reversed from the support zone comprising the 3,890 level (held since October 2025) and the lower weekly Bollinger Band. Gold can be expected to rise toward the next resistance level at 4,200, which previously halted the correction in October.

According to John Vlad, head of Goldman Sachs' Americas equities execution services, the bank's equities trading desk experienced a surge in client calls on Thursday as investors sought market interpretation following a technology stock selloff. Vlad noted in a report to clients that Wednesday was o

According to Economic Daily News, Wyle Electronics reported Q3 after-tax net profit of NT$10.3 billion on November 5, representing a 6% quarter-on-quarter increase and 1.7x year-on-year growth. Earnings per share (EPS) reached NT$7.97, while cumulative first-three-quarter EPS stood at

According to Morgan Stanley, on November 6, the brokerage issued a report on Taiwan's semiconductor supply chain, rating 8 stocks including MediaTek, Quanta, Unimicron, Siliconware, Kingboard, and others as "outperform," citing strong server CPU demand from AMD. The firm downgraded 4 stocks including Acer, ASUS, and Compal to "underperform" due to weakening PC market headwinds. Morgan Stanley forecasts AMD's server CPU market to grow at a 50% compound annual rate through 2030, with Venice CPUs e