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
09:17
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Blur to Shut Down NFT Marketplace Frontend on November 12, Halt Blend Loans

According to Blur, the Ethereum NFT marketplace will deprecate its blur.io frontend on November 12, 2026, though its on-chain marketplace protocol will remain operational and BLUR token holders will retain control of the fee switch. On the same date, Blend, Blur's peer-to-peer NFT lending platform, will stop matching new loans. Borrowers must repay or allow their loans to default before then, and Blur will provide a tool afterward to help users withdraw assets from Blend.
BLUR-33.79%
BLEND-5.09%
ETH-1.31%
09:15
0

Tesla Holds Approximately 8,430 BTC Worth Around $960 Million, According to Arkham

According to Arkham's monitoring, Tesla continues to hold approximately 8,430 Bitcoin on October 13, with a total value of around $960 million. Tesla originally purchased Bitcoin for $1.5 billion in February 2021 and subsequently sold approximately 4,670 BTC for roughly $100.2 million in profit between March and April 2021. The company's Bitcoin holdings have undergone adjustments since then, with no further reductions during the FTX collapse in 2022.
BTC0.09%
09:15
0

SK Energy Purchases 600,000 Barrels of U.S. Crude for January Delivery

According to Jin10, South Korean refiner SK Energy purchased 600,000 barrels of U.S. West Texas Intermediate crude oil on October 13, scheduled for delivery in the first half of January 2027. The cargo, sold by Vitol last week, was priced at a premium of approximately $30 per barrel relative to December ICE Brent crude futures, marking a rare major U.S. crude purchase by an Asian refiner amid elevated tanker freight costs.
09:14
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Chinese Bitcoin Fraud Victims Lose High Court Battle Over 61,000 BTC Recovery

According to Justice Mark Turner's ruling Monday, Chinese fraud victims lost their High Court bid to recover 61,000 Bitcoin seized by British authorities. London's High Court determined that Chinese law, rather than English law, should govern ownership claims to the assets. The victims sought to apply English law to claim direct ownership of the Bitcoin worth over $5 billion. However, the judge ruled that since the fraud scheme occurred in China between 2014 and 2017, Chinese law must determine
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BTC0.09%
09:13
0

SpaceX Agrees to Testify Before NYC Council on Friday After Receiving Subpoena

According to a New York City Council announcement on Tuesday, SpaceX has agreed to testify before the council's tech committee on Friday at 10 a.m. ET regarding artificial intelligence safety risks. The company received a subpoena on Sept. 28 from council speaker Julie Menin and general counsel Nwamaka Ejebe. SpaceX was notably absent from a major AI hearing held on Oct. 5, where representatives from Anthropic, OpenAI, Google, and Meta testified. The council said SpaceX agreed to appear after it
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09:08
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U.S. Government Transfers 17,733 BTC to Coinbase Prime This Week as Custody Move

According to K33 Research, the U.S. government transferred approximately 17,733 BTC to Coinbase Prime this week, with 12,267 BTC related to the Bitfinex hacking incident included in the transfer. The move is likely a custody operation rather than a sale, as Coinbase Prime has served as the custodian for the U.S. Marshals Service since 2024. The government's marked BTC holdings decreased from 324,527 to 306,795 BTC following the transfer. Bitfinex-related funds remain under claims procedures, wit
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BTC0.09%
09:06
0

Concord Real Estate Expects Loss of At Least HK$29M for FY2026, More Than Double Prior Year

According to company announcement, Concord Real Estate (00193) expects a loss attributable to shareholders of not less than HK$29 million for the year ended July 31, 2026, compared with a loss of approximately HK$13.9 million in the prior year. The significant increase was primarily driven by a turnaround in a joint venture company's performance from a profit of HK$5 million in FY2025 to a loss exceeding HK$6 million in FY2026, due to reduced hotel-related rental and service income and a decline
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09:06
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New Energy Wind Power (00956) Reports 10.6879 TWh Cumulative Generation in First Nine Months, Down 0.74% YoY

According to Sinarad New Energy's (00956) preliminary statement, the company completed a cumulative electricity generation of 10.6879 TWh in the first nine months of 2026, down 0.74% year-on-year as of September 30. The company also reported cumulative on-grid electricity of 10.4187 TWh, declining 0.83% year-over-year. The average on-grid electricity price (before tax) for the January-September period was CNY 0.40 per kilowatt-hour, down 3.05% compared to the same period last year.
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09:06
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Alpaca to Launch Primary Brokerage Services in Q1 2027, Manages $3.5B+ Tokenized Stock Assets

According to Bloomberg, Alpaca announced on October 13 its plan to launch primary brokerage services in the first quarter of 2027. The API brokerage will offer financing, asset custody, and securities lending services targeting institutional investors such as hedge funds seeking exposure to tokenized securities. Alpaca currently custodies over $3.5 billion in U.S. equity assets and supports tokenized products from more than 10 issuers, including Binance, Coinbase, and Crypto.com. The company's c
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09:02
0

Betahaus Vehicle-Net Shareholders Extend Lock-up Periods, Signal Confidence in Future

Betahaus Vehicle-Net Limited (02889) announced on October 13 that shareholder Guangzhou Ping An Consumer Equity Investment Partnership has voluntarily extended its lock-up commitment. The shareholder agreed to extend the original 12-month lock-up period from the listing date (September 30, 2025) to 18 months from the listing date. Additionally, Sanfeng Holdings Management Limited has committed to a 6-month lock-up period from the signing date, effective immediately. Together, both shareholders h
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08:59
0

Singapore Crypto Fraud Losses Drop 43% in H1 2026; Coinbase Helps Block 18.9M SGD

According to Coinbase's official blog, Singapore's Anti-Scam Centre (ASC) reported that cryptocurrency fraud losses dropped 43% year-over-year in the first half of 2026, declining from 114.9 million SGD to 65.5 million SGD. The improvement was attributed partly to industry partnerships that shut down 47,500 phone lines, 37,500 WhatsApp accounts, and 52,200 malicious websites, while investigating over 2,900 money mules and scammers. Coinbase's global intelligence team conducted four joint operati
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08:59
0

Russia Carries Out Cluster Strike on Ukrainian Military Targets on October 13

According to Russian Defense Ministry, Russia launched cluster strikes on Ukrainian military facilities and infrastructure overnight (October 12-13), using land-based precision weapons and drones. The strikes targeted missile and long-range drone manufacturing facilities in Kyiv, a railway depot servicing transport for Ukrainian military supplies, and logistics infrastructure in Mykolaiv region including a logistics center, drone storage facility, and a cargo vessel carrying military supplies to
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