Gate Crypto Flash News and Market Updates

XEM surged by 13.01% in the last hour, reaching a price of $0.000339, driven by increased whale wallet activity according to on-chain data. The asset also gained 6.29% over the past 24 hours, with trading volume recorded at $75,145 during this period.

According to Foresight News, last week 62% of Uniswap's tokenized stock trading volume occurred after traditional market close, based on official data.

According to BlockBeats, CZ urged the Japanese government to accelerate digital transformation and encouraged young people to pursue AI and blockchain ventures on October 26 during an interview with Japanese business media PIVOT. CZ stated that AI and blockchain combined will enhance societal efficiency and increase economic transaction volumes. He projected that AI agents will boost transaction speed and volume by 1,000 to 1 million times, enabling micro-transactions such as paying 1 yen to vie

According to Yonhap Infomax, BNK Financial Group's Q3 consolidated net profit declined 28.45% year-over-year to 210.5 billion won, falling short of market expectations of 238.4 billion won, the company announced on October 26. Operating profit dropped 37.04% YoY to 239.4 billion won, while revenue rose 34.92% to 3.12 trillion won. Quarter-over-quarter, net profit increased 5.05%.

SK Hynix responded on October 26 to reports of a 16 trillion won special dividend, stating it will unveil its shareholder return measures on Wednesday. The announcement comes as investors await details on the company's capital allocation plans amid strong semiconductor sector demand. Meanwhile, Hong Kong markets showed mixed sentiment on October 26 morning, with the Hang Seng Index up 0.4%, tech stocks declining 0.4%, and Meituan rising over 3%. The ChiNext Index in mainland China fell 1.65% as

According to Coinglass data, the Crypto Fear and Greed Index stands at 51 today, down 2 points from yesterday. The index remains in neutral territory. The 7-day average index is 56, while the 30-day average is 63.

Optimism announced that it is collaborating with Meritz Securities to explore the issuance and circulation infrastructure for South Korean securities tokenization using OP Stack. OP Stack is an open-source technology developed by Optimism for building Ethereum Layer 2 networks, allowing enterprises to create their own blockchain networks compatible with Ethereum. The collaboration focuses on moving actual securities issuance and distribution infrastructure on-chain rather than merely representin

According to Odaily, crypto analyst Bonk Guy has begun positioning for the next potential bull run despite current market pessimism. Citing historical cycle data, Bonk Guy noted that bull markets average 1,060 days (74% of full cycle) while bear markets average 380 days (26%), suggesting bear phases are significantly shorter than bull phases.

According to Odaily, ai16z founder Shaw announced on X that the project has completed 90% of Pump.fun's smart contract reverse engineering, with full completion expected tonight. Shaw clarified that the goal is not to replicate functionality but to restore a version identical at the byte level, including original vulnerabilities and defects. He plans to allocate tokens earned from meme coin transaction fees as rewards for contributors participating in the reverse engineering effort via GitHub.

According to BlockBeats, Elon Musk said on October 26 that SpaceX has completed approximately $40 billion in debt financing to purchase graphics processing units (GPUs), while predicting over 200 new AI cloud service providers, dubbed "neoclouds," will face massive failures and consolidation due to tightening credit markets. Musk agreed with investor Chamath Palihapitiya's assessment that the debt market has "almost completely cut off" financing for companies lacking significant revenue independ

According to ChainCatcher, Onchain Lens monitoring detected that a hacker stole approximately 9,408 SOL from 49 Bloomtrading users, with roughly $954,000 transferred to a suspected theft address. The largest individual loss was 1,636 SOL, valued at approximately $166,000. Users are advised to immediately disconnect wallets and transfer funds to new addresses.

According to Guru Club, U.S. natural gas futures fell nearly 5% on October 26, reaching $2.51 per million British thermal units.

According to BlockBeats, on Oct 26, CZ said in a recent interview with Japanese business media PIVOT that he voluntarily pleaded guilty to U.S. charges and paid substantial penalties rather than evade responsibility. He emphasized that Binance's violations were purely registration-related with no fraud or victims involved, and user assets remained well-protected. CZ noted that Bank of America faced more serious violations recently but received only a $1.2 billion fine and was not prosecuted. "Th

According to Jin10 Data, on October 26, China and Indonesia will conduct joint mountain counterterrorism training in Guangdong from late October to early November. The exercise, named Blade-2026, will focus on mountain-based counterterrorism rescue operations, including mountain climbing, special vehicle operations, helicopter rappelling, close-quarter assault, and coordinated drone-manned missions. This marks the third joint exercise of this series between the two nations.

According to Stefan Gerlach, former deputy governor of Ireland's central bank and chief economist at Switzerland's EGF bank, ECB intervention in France's fiscal crisis would be premature at the current stage, despite risks of contagion to the wider eurozone. In a blog post on October 26, Gerlach warned that while France's fiscal troubles are not new, a severe crisis could rapidly spread across Europe's financial system if foreign entities holding 58.4% of France's long-term government debt exper

According to Bank of America Securities, Meta's third-quarter revenue of $64.6 billion exceeded expectations. The firm raised its price target to $845 from $810, citing AI investments showing returns and clearer Muse commercialization pathways. The new target is based on a 25x multiple of 2027 earnings per share.

According to Tom's Guide and PhoneArena, Apple's first foldable iPhone Duo has experienced multiple cases of inner screen cracking across Australia, the US, China, and Canada following its recent launch. An Australian user reported the phone's display split along the center fold approximately 6 hours after purchase during normal unfolding, with no signs of prior impact. Other users documented similar damage within hours of use or even before completing initial setup. Test findings also noted tha

According to Onchain Lens, Tron Inc. purchased 150,997 TRX at an average price of $0.3311 on October 26, worth approximately $50,000. The company's total TRX reserves now exceed 720.5 million tokens following this purchase.

According to NH Investment & Securities, Luiz Inácio Lula da Silva won a fourth term as president of Brazil on October 26 in a runoff election. Financial markets are expected to experience increased volatility in the near term, as investors had anticipated a change of government.

According to Jin10, the Bank of Japan is expected to announce on Friday that it has achieved its 2% inflation target after 14 years, while signaling a possible rate hike as early as December. The central bank is likely to avoid providing specific guidance on future rate-hike timing and pace to balance inflation risks and market stability. The BOJ may slightly raise its price forecast for the next fiscal year in its quarterly report, suggesting underlying inflation has roughly reached the 2% goal