Gate Crypto Flash News and Market Updates

According to on-chain analyst Yuejin, a whale accumulated a $31 million long position in MU at $775.25 yesterday evening (Nov 5) before the asset's sharp decline. MU fell to as low as $650, triggering a peak unrealized loss of $5 million. As MU has since rebounded to approximately $700, the whale's floating loss has narrowed to $3.12 million.

According to MSX.COM data, MU declined 10.8% in the last 24 hours, currently trading at 697.24 USDT.

According to China's National Development and Reform Commission (NDRC), the country has cumulatively purchased 100 million tons of autumn grain by November 6, with purchasing pace matching last year's level, the NDRC announced on November 6. The northeastern region has begun ramping up supply

China's National Energy Administration said during the 15th Five-Year Plan period, it will accelerate virtual power plant development and promote electric vehicle and air conditioning demand-side management. According to Vice Director Ge Ju of the Administration's Development Planning Department, virtual power plants will reach an adjustment capacity of over 50 million kilowatts by 2030. On the storage side, pumped-storage hydroelectric facilities are planned to reach 160 million kilowatts of in

According to security researchers, DarkSword, an iOS exploit kit exploiting iOS 18 vulnerabilities, targeted crypto users on November 6, causing $5.57 million in losses across 20 wallets. The malware spreads through infected websites accessed via Safari, running malicious code in the background without requiring wallet connection or signature authorization. Attackers can steal passwords, photos, files, and cryptocurrency private keys. At least 18 malicious websites have been identified. Binance

According to CCTV News, China's Chiling-1 high-temperature gas-cooled reactor in Xuhuai Nuclear Energy Complex, Jiangsu, began full-scale nuclear island construction today (November 6), marking the nation's fourth-generation advanced nuclear technology entering large-scale commercial deployment. The domestically developed reactor uses helium as coolant, enabling both electricity generation and provision of high-temperature industrial steam for diverse applications.

According to BlockBeats, on November 6, Bitget launched 12 stock perpetual contracts, including 10 Indian stocks such as RELIANCE (Reliance Industries), TCS (Tata Consultancy Services), and HDFCBANK (HDFC Bank), plus 2 U.S. stocks: MS (Morgan Stanley) and KMB (Kimberly-Clark). The contracts are

According to Jin10 Futures, on Nov 6, polyester staple fiber prices in East China fell to 8,857 yuan/ton, down 158 yuan/ton or 1.75% week-on-week. The decline was driven by weakening costs as crude oil prices softened amid easing geopolitical tensions, with feedstock costs in PTA and ethylene

According to MoneyDJ, LME copper futures fell 1.7% to $13,774 per ton on November 5, driven by market concerns that the Democratic victory in U.S. midterm elections may limit artificial intelligence infrastructure expansion investments. Copper had been supported by expectations that AI infrastructur

According to MoneyDJ, refrigeration systems at supermarkets across Europe operated by Carrefour, Coop, IKEA, and other major chains were targeted by hackers this week, forcing outlets to discard perishable goods and raising concerns about food supply chain security. In Belgium, Carrefour

According to PANews on Nov 6, Pump.fun co-founder alon announced that Baton Corporation, the company behind Pump.fun, is hiring three business development roles: perpetual futures BD, prediction markets BD, and trading terminal BD. The move marks the first time alon has publicly mentioned prediction

Binance co-founder CZ recently advised users to update their iOS systems, emphasizing that wallet software cannot replace the need for operating system updates.

According to Jin10, multiple semiconductor equipment ETFs turned positive in early morning trading after dropping more than 6% at market open. The affected funds included products from Guangfa, Guotai, and E