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
11:21
0

17 Russian Trawlers Mapped US-Europe Undersea Cables; 500+ Incidents Over 4.5 Years

According to The Telegraph, Russian fishing trawlers have been systematically mapping critical undersea cables connecting the United States and Europe over the past 4.5 years, with more than 500 documented incidents of vessels loitering above these communications infrastructure. The data, tracked via satellite through Global Fishing Watch and cross-referenced against nautical charts marking cable locations, reveals that 17 Russian trawlers have surveilled routes including the Atlantic Crossing 1
More
11:04
0

David's Bridal to Spin Off AI Platform Pearl for $350M IPO Targeting H1 2027

According to CNBC, David's Bridal is planning to spin off its artificial intelligence platform Pearl into a publicly traded company targeting a valuation of roughly $350 million, with the deal expected to close in the first half of 2027. The company filed a nonbinding letter of intent on Thursday to separate Pearl, which provides AI-powered wedding planning services, appointment management, and digital content. Pearl is projected to generate revenue exceeding $85 million in 2027 with growth of m
More
11:04
0

BlackRock Reports Q3 Earnings Per Share of $1.32, Misses $1.26 Estimate

BlackRock reported third-quarter distributable earnings per share of $1.32, down from $1.52 in the year-ago period and below the consensus estimate of $1.26. The investment management firm's assets under management reached $1.37 trillion, up 10% year-over-year, compared to the estimate of $1.38 trillion.
11:01
0

Bubblemaps Reveals Kimchi's TRUMP Trading Profit at $6 Million, Far Below $40 Million Rumor

According to Bubblemaps, Kimchi's actual profit from TRUMP trading is approximately $6 million, significantly lower than the previously circulated rumor of $40 million. The figure is based on on-chain tracking of Kimchi's wallet addresses and related transactions. The rumor has circulated since 2025 but was not verified before, and Kimchi has neither confirmed nor denied the claim.
TRUMP-3.04%
11:01
0

Nvidia CEO Huang Criticizes Global AI Regulation as 'Absurd,' Launches DSX Pod Data Center on October 22

According to Nvidia CEO Jensen Huang at Berlin GTC on Thursday, October 22, global regulatory controls over AI development pace are 'absurd,' and strong demand for computing power will drive the industry to solve data center construction challenges. Huang urged UK AI cloud provider Nscale to push forward aggressively, noting the company has quality customers but needs sufficient operating capital. Nvidia also unveiled DSX Pod, a modular data center delivered in container form, designed to simpli
More
11:01
0

Hana Securities Predicts South Korea's Central Bank Will Raise Rates Twice More in Current Cycle

According to a report by Hana Securities strategist Sung-soo, the Bank of Korea may hike interest rates twice more within the current policy cycle. After maintaining rates unchanged without offering clear forward guidance, policymakers appear satisfied with the market's pricing of the policy rate path. Sung-soo stated: "Despite potentially sustained demand momentum, the lack of explicit signals suggests policymakers have no major disagreement with market expectations on the policy rate trajector
More
10:51
0

Deriv Names Rotimi Akinyele as CTO, Targets 75% Workflow Automation by Year-End

Deriv has appointed Rotimi Akinyele as Chief Technology Officer to lead the company's engineering organization and AI-first transformation. Akinyele, who joined Deriv in July 2024 as Vice President of Security, has expanded his remit to oversee automation initiatives across compliance, finance, trading and anti-fraud operations. The appointment gives him responsibility for engineering, the company's internal AI intelligence layer and an agentic software-development process, with Deriv targeting
More
10:49
0

Domestic Methanol Production Expected to Ramp Up as Jiutai and Baofeng Facilities Resume Operations

According to Jin10 Futures on October 22, domestic methanol production capacity is expected to increase as key facilities ramp up operations. The Jiutai Tuo County unit is gradually recovering while new capacity from Baofeng in northwest China is coming online. However, weak demand from olefin producers is likely to keep the methanol market under pressure, with overall supply-demand dynamics remaining unfavorable.
10:45
0

South Korea's Won Strengthens in September, Real Effective Exchange Rate Rises to 92.73, Up 3.2% MoM

According to the Bank for International Settlements (BIS), South Korea's won strengthened in September, with the real effective exchange rate rising to 92.73, up 3.2% from August's 89.89. The index has now risen for three consecutive months since hitting a low of 83.04 in June, signaling a gradual easing of the won's undervaluation. Among 64 surveyed countries, the won ranked fifth for currency undervaluation in September, up two positions from August. Bank of Korea Governor Shin Hyun-song state
More
10:39
0

U.S. Department of Defense Plans New Deep-Cover Spy Program Against Rivals, October 21

According to CCTV, on October 21, the U.S. Department of Defense plans to develop a more powerful deep-cover spy program targeting American competitors through economic warfare. The program would deploy U.S. operatives disguised as businesspeople or private sector employees without any public government identity. Experts from various U.S. military branches, the office of the Deputy Under Secretary of Defense for Intelligence and Security, and retired CIA officials have been recruited to particip
More
10:36
0

OpenAI's GPT-5.6 Sol Uncovers Critical PHP Vulnerabilities Affecting 70% of Websites on Oct. 21

According to OpenAI's announcement on Oct. 21, the company's AI model GPT-5.6 Sol identified critical vulnerabilities in PHP, an open-source programming language running an estimated 70% of the internet. The two flaws, tracked as CVE-2026-109618 and CVE-2026-109619, involve memory management and error handling issues that could allow attackers to execute malicious code remotely without credentials. Both vulnerabilities received a critical severity score of 9.2 out of 10. The PHP Foundation has r
More