Gate Crypto Flash News and Market Updates

According to CryptoQuant analyst Darkfost on October 3, the stablecoin market cap has declined by $14 billion since May due to insufficient liquidity flowing into crypto markets. However, conditions improved slightly since September, with market cap recovering $4 billion to reach approximately $270 billion. While the trend appears to be reversing, the recovery momentum remains weak.

David Rubinstein, a former employee at OpenAI, accused the company on October 3 of lacking sufficient risk awareness. Rubinstein, who worked at OpenAI for over three years and was among the company's longest-serving employees, called for the AI industry to adopt multiple safety safeguards similar to those used in aviation and nuclear energy sectors.

According to investment banking sources, South Korea's National Pension Service committed approximately $350 million to M&G Real Estate's inaugural Asia-Pacific value-add commingled fund on October 4, representing roughly half of the fund's total $700 million capital raise. The fund will focus on value-add investments in Japan, Australia, South Korea, and Singapore, targeting office, logistics, residential, hotel, and alternative real estate assets through operational improvements and rental str

According to Financial News, South Korean biotech stocks including Samsung Biologics and CellTrion fell throughout September before rebounding on October 4. Alteogen led the declines with a 13.07% drop, followed by SK Biopharm's 12.17% fall. Samsung Biologics and CellTrion declined 9.09% and 1.99% respectively. On October 4, all four stocks reversed course, with Alteogen gaining 4.13%, CellTrion up 3.32%, SK Biopharm up 3.09%, and Samsung Biologics up 2.73%. Market focus now centers on fourth-qu

According to YourStory, at the PanIIT Andhra Pradesh Summit, PanIIT Alumni India and the Andhra Pradesh government plan to create a $52 million deep tech fund in Amaravati with a first close targeted for July 1, 2027. The fund aims to back at least 25 Andhra Pradesh-based deep tech ventures by 2030, with at least 50% of portfolio companies expected to establish their main research and development or manufacturing operations in the state. The fund will seek capital from IIT alumni, industry, and

According to the U.S. Federal Aviation Administration (FAA) on October 2, a software problem found in certain Boeing 737 MAX aircraft flight computers does not pose a safety concern. The FAA stated that pilots can regain full control of the aircraft and the crew will receive clear instructions. The agency added it will consider taking measures if new information about the issue emerges.

According to Financial News, South Korea's National Pension Fund's KOSDAQ investment valuation surpassed 10.31 trillion Korean won as of February, though its investment ratio declined to 2.64%. Data submitted to lawmakers on October 4 shows the fund recorded cumulative net selling of 73.8 billion won from the start of the year through early October, despite posting net buying of 149.1 billion won in September alone.

According to HTX, Bitcoin broke through $85,000, currently trading at $85,016.80 with a 24-hour gain of 0.47%.

According to an official announcement, Gate will hold a press conference on October 8 during TOKEN2049 Singapore 2026 at Raffles Hotel Singapore. Gate founder and CEO Dr. Han will attend as the main speaker and share details on the company's upcoming new products and future development roadmap. During the press conference, Dr. Han will discuss the product launch background, positioning, and future plans, while addressing media inquiries on business development, product direction, and industry tr

Bitcoin broke through $85,000 for the first time today (October 4), with intraday gains of 0.21%.

According to Homeplus and DL Group announcements on October 4, Homeplus initiated a new sales strategy separating 67 large supermarkets, its online business division, and headquarters for sale through business transfer, with 19 self-owned closed locations being sold as individual real estate assets. The sales proceed from business transfer will allow Homeplus to revise its rehabilitation plan and submit it to the court. Meanwhile, D Tower Hyoje, a 15-story office building in Seoul's Jongno-gu wi

According to Foresight News, Amy Street, former growth lead at crypto social app The Arena/ROVE, claimed that she was repeatedly denied wages last year, prompting her resignation. Nearly a year after leaving in November, she has not received full token allocation records, unpaid salary, and outstanding reimbursements. Street stated that CEO Jason Desimone promised in writing to stop late payments but failed to deliver October wages after assuring her on November 4. She resigned on November 12 wh

According to LS Securities analyst Yeom Seung-hwan, speaking at Herald Money Festa 2026 on October 3, rising interest rates no longer drive down stock prices as artificial intelligence drives real corporate earnings growth. KOSPI trades at a price-to-earnings ratio of 5.45x, well below its 30-year average of 9.8x, indicating significant undervaluation. With global AI investment projected at $1.32 trillion next year and the AI investment cycle not peaking until around 2031, Yeom recommended inves

South Korea's five largest crypto exchanges recorded trading volume of approximately 20.5 trillion won for the week of September 25 to October 2, down 19.56% compared to the previous week. Upbit maintained its market leadership with a 64.04% market share.

According to analyst Ali on X, Nvidia (NVDA) reached a record high of $237.88 on October 2, rising nearly 14% since September 14.

According to Defillama data cited by BlockBeats, Pump.fun's 30-day protocol revenue reached $55.5 million on October 4, surpassing Hyperliquid's $54.34 million. Pump.fun ranks third globally, behind Tether ($508 million) and Circle ($208 million).

According to Lookonchain, Andrew Tate deposited 20,950 HYPE tokens (worth $1.87 million) to Binance on October 3. The blockchain analyst noted that Tate purchased 122,827 HYPE at an average price of $4.48 approximately two years ago, valued at $550,000 at the time. He currently holds 63,550 HYPE tokens worth $5.62 million. Tate's total profit on HYPE stands at $7.24 million, representing a return on investment of 1,317%.

According to Yonhapnews, South Korea's Financial Services Commission Chair Lee Eok-won warned on October 4 that the financial sector must maintain the highest level of vigilance against AI-powered hacking attacks. Speaking at an emergency meeting with financial institutions, Lee emphasized that recent hacking incidents affecting multiple banks and non-bank financial firms demonstrate vulnerabilities in less-monitored external systems. While no sensitive financial data suitable for fraudulent tra

According to iM Securities, crude oil prices emerged as the key variable determining U.S. financial market direction amid prolonged high interest rates. WTI crude oil averaged $95.7 per barrel in September, surging 16% from August's $82.5, as diesel and other energy prices accelerated. This upward energy pressure is expected to significantly impact September's Consumer Price Index and PCE inflation data. Meanwhile, U.S. real economic momentum remains resilient; Q2 real GDP growth was revised up

According to CFTC Chairman Michael Selig, the agency will continue issuing cryptocurrency regulations based on existing legal authority. Speaking on work with the presidential digital assets task force, Selig stated that regulators have already studied statutory authorizations and legislative-level powers, and will leverage current regulatory mandates to introduce new crypto rules.