Gate Crypto Flash News and Market Updates

Senator Marsha Blackburn, a Tennessee Republican and chair of the Senate Judiciary Committee's Privacy, Technology and Law Subcommittee, raised concerns on Friday over Meta Platforms' planned update to its business terms, warning that the changes could harm U.S. enterprises and content creators. Blackburn stated the revised terms indicate Meta is attempting to exploit American content creators and businesses by granting itself broad permissions to scrape content from any website associated with

According to Novartis, on Friday the company's experimental multiple sclerosis oral drug demonstrated an annualized relapse rate reduction of 35% and 31% compared to Sanofi's Aubagio in two Phase 3 trials. The result fell short of analyst expectations of approximately 50% reduction and lagged behind Roche's investigational fenebrutinib, which showed 51% to 59% reductions in similar studies.

According to Reuters, India's exclusion of bulk Scotch whisky imports from a 75% preferential tariff rate violates terms of the India-UK trade agreement, industry group Indian Spirits and Wine Association (ISWAI) said Friday. The move comes after India's tax authorities searched offices of Pernod Ricard and Diageo in early October, investigating whether the companies misclassified imports to claim preferential rates. ISWAI warned the tariff dispute could effectively prevent negotiated market acc

According to Iranian media INSA, Iran's president will meet with Russian President Vladimir Putin in Moscow next week.

On October 23, Russian President Vladimir Putin ordered the allocation of 1.2 billion rubles to subsidize the purchase of gas equipment for citizens.

According to @Morpho, AbraGlobal has expanded its tokenized yield strategy to include Bitcoin for eligible US investors. The strategy is powered by Morpho's platform, which already supports USDaf and ETHaf yield offerings. The move allows investors to earn yield on their Bitcoin holdings as part of a broader shift toward crypto-backed financial products.

According to Uanalyze, on October 24, Gentex (GNTX-US), a U.S. automotive mirror and cabin electronics supplier, cut its 2026 full-year gross margin guidance to 34%-34.5% from 34.5%-35.5%, citing cost pressures from precious metals, memory chips, and electronic components. AI data center expansion is redirecting upstream materials and manufacturing capacity away from automotive applications, intensifying supply chain procurement challenges. Gentex reported Q3 revenue of $648 million, down slight

French President Emmanuel Macron condemned a shooting in Trappes today (October 23) as a turning point for the nation. The victims were targeted specifically because of their religion and skin color, according to Macron's statement.

According to the Office of the Comptroller of the Currency (OCC), the regulator has announced a final rule establishing capital requirements for payment stablecoins, as detailed in an official OCC tweet. The rule aims to enhance financial safeguards for these assets by requiring issuers to maintain a strong financial foundation, ensure timely redemption capabilities, and maintain solvency. The regulatory framework is intended to foster confidence in the payment stablecoin sector and provide nece

NYSE American Options halted trading in certain options securities on Friday, October 23, due to a technical issue, prompting Nasdaq's six options exchanges to declare self-help at 10:27 a.m. Eastern Time. The self-help mechanism allows exchanges to bypass protected quotations from a venue experiencing technical failure or repeated order-processing failures. The disruption affected one of the larger U.S. equity options markets; NYSE American has accounted for roughly one-tenth of executed multip

According to Chainlink's official announcement, the platform has integrated with GravityChain to enable cross-chain transfers of WETH and USDC, alongside high-speed market data delivery. The integration aims to enhance blockchain interoperability across different networks.

According to the Intercontinental Exchange, Brent crude oil speculators' net long positions increased by 8,852 contracts to 241,881 in the week ended October 20.

According to the Intercontinental Exchange, diesel speculators' net long positions increased by 161 contracts to 75,622 in the week ended October 20.

According to SpaceX's Q3 filing, the company recorded $561 million in unrealized investment gains from its stake in Boring Co., the tunnel-boring firm founded within SpaceX in 2017. The gains follow Boring Co.'s completion of a $3 billion funding round in September with backing from the UAE.

According to PRNewswire, Chainlink and LG CNS announced a strategic partnership to develop infrastructure for regulated digital assets in South Korea. The collaboration combines Chainlink's oracle and cross-chain interoperability technology with LG CNS's financial technology services and work on Project Hangang, the Bank of Korea's digital currency platform. The three areas of cooperation include oracle infrastructure for LG CNS's digital asset platform, technical standards development, and solu

Lido has officially launched the 0x02 Community Staking Module (CSM), expanding staking options for Ethereum validators. The new module allows independent operators to run validators with a maximum effective balance of 2,048 ETH, complementing the existing 0x01 CSM. This permissionless framework enables greater flexibility for users looking to participate in Ethereum staking without centralized gatekeeping.

Elon Musk highlighted current disparities in Ukraine, stating that elites have profited from billions of dollars flowing into the country while ordinary citizens' children are conscripted and sent to frontlines. Musk also alleged that portions of American taxpayer funds have been laundered and redirected to fund U.S. political campaigns, suggesting this explains why some American politicians prioritize Ukraine over domestic concerns.

Ahead of the November 3 midterm elections, strategists at Wells Fargo recommend bullish positions on U.S. long-duration assets and shorting the dollar, according to a report released Friday by Erik Nelson, Angelo Manolatos, and Francis Brown. The strategists noted that both possible outcomes—Democrats sweeping both chambers of Congress or Democrats controlling the House while Republicans control the Senate—could produce modest negative fiscal impacts. If Democrats gain control of both chambers,

According to ChainCatcher, Lighter announced on October 23 that weETH is now accepted as collateral for perpetual futures trading on the platform. The protocol applies a 30% haircut to weETH deposits, valuing them at 70% of the index price for margin calculations. The platform has set a total weETH collateral supply cap of 1,000 weETH tokens.

Yemen's Foreign Minister will visit Turkey on October 24, according to local time announcements.