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
22:49
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Binance Lacks Cybersecurity Insurance Following $6.3B Hack, Coverage Expected Limited

According to Bloomberg Law, Binance failed to obtain cybersecurity insurance following a recent hacking incident involving approximately $6.3 billion in stolen assets. External commercial insurance coverage is expected to be limited. The company holds directors and officers liability insurance, which may provide some protection against regulatory investigations and lawsuits but does not directly cover stolen crypto assets.
22:41
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UN Elects Five International Court of Justice Judges on November 3, Nine-Year Terms Starting February 2027

According to Jin10, on November 3, the UN General Assembly and Security Council jointly elected five International Court of Justice judges with nine-year terms beginning February 6, 2027. The elected judges are Dabo Akande (UK), François Alabrune (France), Mahmoud Hamoud (Jordan), Chen Hui-ching (Singapore), and Phebe Okowa (Kenya), who secured reelection after multiple rounds of voting.
22:39
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Meta Attracts $58B in Debt Bids on November 4, Yields Rise 90 Basis Points vs. April

According to Guru Club, Meta attracted up to $58 billion in subscription orders for its U.S. dollar-denominated debt on November 4, approximately four times its minimum issuance target of at least $15 billion. The company plans to issue at least $20 billion in total cross-border financing and launch its first euro-denominated bonds as soon as Wednesday. Despite strong demand, Meta needed to offer higher yields to attract investors. The 2056-maturity bonds carry a yield spread of approximately 2.
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22:39
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Binance Hacker Addresses Begin Using Mixers, Deposit 8,567 SOL to Privacy Cash

According to Onchain Lens data reported by ChainCatcher, addresses linked to the Binance hacker have recently begun using mixing tools to launder stolen funds, with approximately $800,000 mixed so far. One associated address deposited 8,567 SOL to the Solana privacy mixer Privacy Cash, valued at around $798,000.
22:29
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Shopify Stock Falls 8.74% After Q3 Earnings Miss on Weak GMV Growth

According to CNBC on November 3, Shopify shares declined 8.74% to $142.57 after the company's third-quarter results fell short of key expectations. While adjusted earnings per share reached $0.49, beating the forecast of $0.46, total merchandise volume (GMV) came in at $119.15 billion, below the
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22:29
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Block Settles AML Investigation With U.S. DOJ for $964 Million in October

According to Bloomberg, Block reached a tentative settlement with the U.S. Department of Justice in October regarding its anti-money laundering compliance investigation. The agreement will defer prosecution for three years on charges that Block failed to maintain effective AML controls and
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22:26
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CrowdStrike Unveils AI Kill Switch, Announces $495M Acquisition Deal

According to COINOTAG, CrowdStrike Holdings (CRWD) unveiled an AI kill switch on November 3 at Fal.Con Europe in Barcelona. The control allows organizations to halt misbehaving AI agents on command. AI agents are autonomous programs that perform tasks using employee credentials. CrowdStrike simultaneously announced a $495 million acquisition deal as part of its AI strategy expansion.
22:25
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Coinbase Adds Solana's Collector Crypt Token CARD to Listing Roadmap on November 4

According to Coinbase Assets, the platform added Solana ecosystem card trading platform Collector Crypt's token CARD to its listing roadmap on November 4. The token's Solana network contract address is CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp. Coinbase noted that the asset's trading availability depends on market-making support and technical infrastructure readiness; it will announce a trading start date once conditions are met.