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Gate News

Immediately updates on the crypto industry news, covering areas such as cryptocurrencies, blockchain, artificial intelligence (AI), and traditional finance (TradFi). The content focuses on market trends, policy changes, and industry developments, presenting current hot topics and key information.

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AI Industry News

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Musk: SpaceX Orbital Compute to Exceed Ground Compute by End of 2028

According to Shaun Maguire, Sequoia Capital partner, SpaceX revenue is projected to surge from approximately $51.5 billion in fiscal 2026 to $274 billion in 2027, and further to $731 billion in 2028. Musk responded that orbital compute will eventually dwarf ground-based compute at scale,

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2m ago

Musk: SpaceX Orbital Compute to Exceed Ground Compute by End of 2028

South Korea's Five Major Banks to Hold Emergency Meeting on November 5 to Address AI Security Threats

AI Industry News

According to ChainCatcher, South Korea's Financial Services Commission will hold an emergency meeting on November 5 to address AI security threats in the financial sector, chaired by FCS Chairman Lee Ik-joon. The heads of KB National Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank wi

6m ago

South Korea's Five Major Banks to Hold Emergency Meeting on November 5 to Address AI Security Threats

Binance BTC Perpetuals Places $19.79M Buy Order at $77,862 on November 1

Derivatives Data

Capital Flow

On-Chain Data

According to ChainCatcher, Binance BTC perpetuals placed a buy order of 254.213 BTC (approximately $19.79 million) at $77,862 on November 1, representing a 0.03% pullback from the mid-price of $77,886 at the time, according to market intelligence platform Liquid247.xyz. The venue's near-end

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9m ago

Binance BTC Perpetuals Places $19.79M Buy Order at $77,862 on November 1

Madagascar Transfers 49 Chinese Crypto Fraud Convicts to China on October 26, 148 Total Since September

Enforcement Actions

According to 2424.mg, on October 26, Madagascar transferred 49 Chinese nationals convicted of cryptocurrency fraud to China for continued imprisonment. The group included 40 men and 9 women. Since September, Madagascar has cumulatively transferred 148 individuals. In August and September,

12m ago

Madagascar Transfers 49 Chinese Crypto Fraud Convicts to China on October 26, 148 Total Since September

Goldman Sachs Strategists Split on AI Outlook: $1.1T Cloud Orders Backlog vs. Profit Growth Concerns

Stocks

Indices

According to BlockBeats, Goldman Sachs strategists offered conflicting views on the AI rally today (November 1). Tony Pasquariello warned that third-quarter earnings suggest S&P 500 profit growth may have peaked, with market momentum weakening. London-based strategist Mark Wilson countered that

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GOOGL-1.32%

12m ago

Goldman Sachs Strategists Split on AI Outlook: $1.1T Cloud Orders Backlog vs. Profit Growth Concerns

HSBC to Establish Global AI Research Center in Hong Kong, Starting Early 2027, Focusing on Blockchain

AI Industry News

According to Caixin, HSBC announced plans to establish a global AI research center in Hong Kong, with operations expected to begin in early 2027. The center will initially focus on AI application cases, blockchain technology, and post-quantum cryptography. HSBC currently operates a 150-person AI

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22m ago

HSBC to Establish Global AI Research Center in Hong Kong, Starting Early 2027, Focusing on Blockchain

Whale Withdraws 44,144 COMP from Bybit Worth Nearly $900K

On-Chain Data

According to Arkham monitoring data shared by ChainCatcher, a whale wallet at address 0x92e has withdrawn a cumulative 44,144 COMP tokens from Bybit, valued at approximately $900,000. The address recently registered the ENS domain 'third-eye-fund.eth', suggesting a potential connection to a

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24m ago

Whale Withdraws 44,144 COMP from Bybit Worth Nearly $900K

BTC Short-Term Holders Show Support at $75K-$78K on October 31 as Positions Reprice

On-Chain Data

Market Analysis

According to chain analyst Murphy, as of October 31, BTC short-term holders' total supply reached 2.235 million, with 51.3% in loss-making positions. The 75,000–78,000 USD range saw net inflows of 900,000 coins over two days, signaling emerging support at lower levels amid recent market

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32m ago

BTC Short-Term Holders Show Support at $75K-$78K on October 31 as Positions Reprice

Binance Resumes Ethereum and BSC Withdrawals for USDC, USDT, ETH, and BNB

Daily Crypto News

According to Binance's official announcement on X, the exchange has resumed withdrawals for USDC, USDT, and ETH on the Ethereum network, as well as USDC, USDT, and BNB on the BNB Smart Chain. The exchange said it will continue to restore withdrawals for additional assets and networks in phases

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33m ago

Mantle's DEX Volume Surges 34% to $99M in October

Previous

Musk: SpaceX Orbital Compute to Exceed Ground Compute by End of 2028

South Korea's Five Major Banks to Hold Emergency Meeting on November 5 to Address AI Security Threats

Binance BTC Perpetuals Places $19.79M Buy Order at $77,862 on November 1

Madagascar Transfers 49 Chinese Crypto Fraud Convicts to China on October 26, 148 Total Since September

Goldman Sachs Strategists Split on AI Outlook: $1.1T Cloud Orders Backlog vs. Profit Growth Concerns

HSBC to Establish Global AI Research Center in Hong Kong, Starting Early 2027, Focusing on Blockchain

Whale Withdraws 44,144 COMP from Bybit Worth Nearly $900K

BTC Short-Term Holders Show Support at $75K-$78K on October 31 as Positions Reprice

Binance Resumes Ethereum and BSC Withdrawals for USDC, USDT, ETH, and BNB