Gate Crypto Flash News and Market Updates

According to Bloomberg data, CoreWeave's (CRWV-US) 5-year credit default swap (CDS) surged to near 1,090 basis points on October 19, nearly triple the level from a year ago, implying approximately 60% default probability over the next five years. Meanwhile, the stock price on October 20 fell to

According to ChainCatcher, two Bitcoin wallets dormant for 12 and 13 years transferred their entire holdings of 416.7 BTC, worth approximately $33.8 million, to the same address over the weekend, according to Bitcoin News monitoring and Onchain Lens data. The bitcoins were originally received when B

Finnish President said over the past week, significant progress has been made on both substantive and technical levels in advancing a peaceful resolution to the Ukraine war, according to his statement.

According to Qatar's Prime Minister's Advisor and Foreign Ministry Spokesman Majid Ansari, speaking at the Eighth Global Security Forum in Doha on October 20, negotiations between the U.S. and Iran over Iran's nuclear program continue, with both sides maintaining diplomatic contacts despite

According to Webull's October 20 announcement, the online brokerage will introduce cryptocurrency perpetual futures to eligible US customers starting in November through a partnership with regulated derivatives exchange Kalshi. Bitcoin contracts will launch initially, with broader cryptocurrency

According to CNBC, HSBC CEO Georges Elhedery said recently that while artificial intelligence is a key driver for transforming the bank's business, investors should be selective when backing data center infrastructure supporting the technology rather than going all-in. Elhedery advised

According to PANews, on October 21, Kamino, a Solana lending protocol, established Chainlink CCIP as its risk assessment standard for cross-chain collateral. Assets secured by CCIP can now access higher borrowing limits and loan-to-value (LTV) ratios across Kamino markets following comprehensive sec

According to Bitcoin News, Revolut's UK services remained partially down over 10 hours after an outage began, with the platform's status page indicating 23 services unavailable. Affected services include card payments, bank transfers, ATM withdrawals, currency exchange, cryptocurrency trading,

According to Bitcoin Treasuries on X, Vanguard's Mid-Cap Index Fund increased its holdings in Strategy by 639,039 shares valued at $92.7 million. The fund now holds 7.8 million Strategy shares with a total portfolio value of $1.13 billion, representing a 9% increase from its previous

According to the Salt Lake Tribune and Crypto Briefing, on Oct 21, Utah Attorney General Derek Brown filed a lawsuit against prediction market platform Kalshi and two Susquehanna-affiliated trading firms in Utah's Third District Court. The suit alleges the defendants continued offering sports and

According to The Telegraph, UK Prime Minister Keir Starmer plans to introduce legislation aimed at reducing welfare spending as early as April 2027.

According to LayerZero's announcement, the Zero mainnet and lzATLAS trading engine will go live on November 30. lzATLAS, the first application launched on Zero, will initially support over a dozen trading venues starting from Open ATLAS, with additional integrations planned within the year. LayerZer

According to NBC News, Nikki Glaser delivered a joke about Tom Brady's $30 million FTX loss during Netflix's roast special in May 2024, which received a standing ovation from the audience. Glaser quipped, "Tom also lost $30 million in crypto... Tom, how did you fall for that? I mean, even Gronk

According to FinanceFeeds, on October 20, Bitget announced plans to acquire GMO-Z.com Cryptonomics (Thailand), the operator of licensed trading platform Z.com EX. The transaction, conducted through Bitget's investment vehicle BTGT Management (Thailand), is scheduled for completion on October 31

According to Stellar's official announcement, Stellar has launched Bell Protocol 30, introducing quantum-safe signatures and enhanced smart account functionalities for businesses. The testnet upgrade is scheduled for November 3, with the mainnet launch set for November 23. The protocol also aims to

According to the Blockchain Association, Jack Solowey will speak on crypto regulation at the upcoming Blockchain & AI Summit at Harvard on October 23. The organization has endorsed the summit, hosted by the Harvard Undergraduate Blockchain Club, to foster dialogue on the evolving regulatory

According to Bloomberg, EQT AB is in talks to acquire Qiagen NV, a diagnostics company, sources familiar with the matter said.

According to Sensor Tower, Meta's AI assistant Muse has reached 10.9 million downloads since its September debut, with 10.2 million in the United States. The milestone ranks Muse among only 12 mobile apps globally to have reached 10 million U.S. downloads within 40 days of launch, the most recent

According to ChainCatcher, Nectar Group, the developer behind Bitcoin yield platform HoneyB, completed a $5 million seed funding round led by Portal Ventures, with participation from Peer Venture Partners, Anchorage Digital Ventures, and angel investors. The post-money valuation reached $30 million.

On Tuesday (Oct 20), the Federal Reserve's overnight reverse repo (RRP) usage fell to $227 million with 3 counterparties, down from $330 million on the prior trading day.