Gate Crypto Flash News and Market Updates

According to BitGo's official announcement, the company has become the first foreign-owned entity to secure a Virtual Asset Service Provider (VASP) license in South Korea. The license was obtained through a partnership with Hana Bank following nearly three years of regulatory work. The milestone enables BitGo to offer custody and digital asset services in the South Korean market and may attract institutional investors seeking reliable custodial solutions in Asia.

According to ChainCatcher, Mexican cryptocurrency exchange Bitso announced the launch of Bóvedas, a product that integrates Morpho decentralized lending protocol into its app. The product allows users to deposit USDC and MXNB (a stablecoin pegged to the Mexican peso) into a non-custodial lending vault to earn variable yield. Bitso noted the product does not provide deposit insurance.

According to ChainCatcher, Blink Wallet deducted monthly fees from approximately 100,000 inactive custody accounts in mid-October, collecting around $45,000 in the first batch. The $1 monthly charge applies to accounts that have not logged in for 12 consecutive months, with the policy initiated in early September through a terms-of-service update. Accounts can recover deducted fees if users log back in within 12 months. The inactive accounts held over $800,000 combined. Blink stated the fee aims

According to the Bank of Korea's October consumer trend survey released on October 27, the Consumer Sentiment Index (CCSI) fell to 105.4, down 1.2 points from the previous month, amid domestic stock market adjustment and persistent Middle East tensions. The index remains above the baseline of 100, maintaining six consecutive months of optimism despite headwinds. Key subindices deteriorated significantly: household income outlook fell 1 point to 101, future economic outlook declined 2 points to 8

BP's Whiting refinery held constructive talks with the United Steelworkers (USW) 7-1 division today, according to BP. The company has submitted a revised proposal in response to union concerns and is awaiting the union's response. The refinery continues to operate safely and remain stable.

According to Token Terminal, BNB Chain added $3.7 billion to the tokenized fund market over the past year, emerging as the sector leader. Stellar and Solana followed with $3.0 billion and $1.8 billion in additions, respectively.

According to @tokenterminal, Circle has recently added $1.6 billion in assets under management (AUM) growth in the tokenized asset market. This follows Spiko's $2.5 billion AUM surge, with Franklin Templeton also reporting substantial increases in the sector.

According to Barclays, Tesla stock jumped 5% on October 26, closing near $392 after the bank upgraded the electric-vehicle maker to Overweight from Equal Weight and raised its price target to $450 from $370. Analyst Dan Levy cited a potential combination with SpaceX as a key part of the bullish investment case, arguing the transaction could deliver a premium to Tesla shareholders. The $450 target implies approximately 15% upside from Monday's closing price, though both companies have only establ

According to a Syrian statement on October 26, Jordan launched airstrikes on Syrian territory without any prior coordination or warning. The statement underscores tensions between the two neighboring nations regarding cross-border military

On Monday (October 26), spot gold rose 0.53% to $4,017.14 per ounce at the New York close, with trading range between $3,978.32 and $4,029.84. The metal has held steady near the $4,000 psychological level over the past two trading days. Spot silver gained 0.17% to $5,398.33 per ounce, while COMEX copper futures climbed 0.58% to $6.5450 per pound.

Recently, Solana amplified insights on tokenized equities opportunities, with a retweet highlighting $VIDA and $PTN tokens generating 7.8x and 2.1x returns, respectively. The post, originally from @minnus, emphasized the growing potential in the long tail of tokenized equities, signaling increased interest in this emerging investment sector within Solana's ecosystem.

According to Bloomberg Billionaires Index, André Esteves, founder of Banco BTG Pactual, lost $3.7 billion on Monday following leftist candidate Luiz Inácio Lula da Silva's unexpected election victory in Brazil. The market rout caused Brazil's stock exchange to temporarily halt trading. Among the

According to Iraq's Prime Minister's spokesperson, Iraq denied tonight that the U.S. directed the closure of the Shib border crossing between Missan Province and Iran. The spokesperson stated the decision to restrict the crossing was made for regulatory and administrative reasons. Iraq rejected

According to the Commodity Futures Trading Commission, the NBA signed a memorandum of understanding with the regulator on Monday to protect the integrity of professional basketball in prediction markets. Under the agreement, the two will share information and work together to flag abuses including i

According to Fox News, White House senior advisor Hassett stated that the affordability crisis is a misconception.

According to the New York Times, on Monday evening (October 26), high-level representatives from Saudi Arabia, Turkey, and Pakistan met with Iranian officials in Tehran to support ongoing mediation efforts. Qatari mediators are pushing a five-day mutual concessions agreement between the U.S. and Ira

Canadian Prime Minister Carney declined to sign the U.S. trade agreement offered by the Trump administration in August, according to his statement.

According to the Dallas Federal Reserve on October 26 (local time), Texas manufacturing activity unexpectedly improved in October. The general activity index rose to 13.4, up 3.6 points from September and significantly exceeding market expectations of 7.0. This marks the highest reading in 21

Nucor posted third quarter net sales of $11.25 billion, exceeding analyst expectations of $10.76 billion. However, adjusted earnings per share (EPS) came in at $4.84, below the consensus estimate of $5.77. The per-unit net selling price for steel reached $1,233 during the quarter.

According to state media CCTV, on Oct 26, Mexican President Claudia Sheinbaum rejected multiple U.S. requests to deploy personnel into Mexican territory to conduct drug-trafficking operations. Sheinbaum stated that Mexico is committed to maintaining national sovereignty and territorial integrity, an