Gate Crypto Flash News and Market Updates

According to Athens daily To Vima, nine suspects including two Greek military servicemen were brought before an investigating magistrate on Monday over alleged involvement in a cryptocurrency pyramid scheme that defrauded roughly 10,000 investors of approximately $8 million. Investors were recruited with entry fees starting at €800, while those designated as VIP were asked to pay €5,000 with promises their money would double. Police have arrested 17 people total in connection with the operation.

Qualcomm and Arm kicked off a five-day jury trial in Delaware federal court on October 5 over a contract dispute that could determine billions of dollars in future licensing payments. Qualcomm, one of Arm's largest customers, alleges that Arm failed to provide necessary chip testing tools and claims that Arm's 2024 media leak threatening to terminate a critical licensing agreement damaged Qualcomm's chip partnership negotiations with Meta Platforms. Qualcomm is seeking to waive licensing royalti

According to Reuters, on October 5, Saudi Aramco CEO Amin Nasser warned at the Energy Intelligence Forum in London that global crude and refined-product inventories are 'scarily thin' and could take as long as two years to replenish. Nearly 3 billion barrels of supply have been lost since geopolitical tensions in the Middle East intensified in February, while more than 1 billion barrels have already been drawn from reserves to cushion the impact. Nasser estimated that the world would need roughl

According to Tom's Hardware, AWS CEO Matt Garman warned on October 2 that $68 billion worth of blocked data center projects and approximately 100 proposed moratoriums across the U.S. could undermine America's lead in artificial intelligence. In a 3,000-word statement posted on Amazon's official website, Garman stated that if these bans proceed, "the US could be writing its own losing ticket to this race, and the consequences would last generations." He also announced Amazon's "Built Together" co

According to South Korea's Depository for Securities, announced on October 2 at the STO Summit 2026, the country will expand the scope of tokenized securities from non-standard assets to standardized securities including stocks, bonds, and funds. The token securities support platform will launch in February 2027 when new electronic securities and capital market regulations take effect. Market participants emphasized that liquidity and investor trust are more critical than technology itself. Glob

Ukrainian President Volodymyr Zelenskyy held a phone call with Polish Prime Minister Donald Tusk and reached an agreement to meet in person in the coming weeks, Zelenskyy announced.

Abu Dhabi National Oil Company (ADNOC) signed an agreement with Gulf Group to supply up to 2 million tons of liquefied natural gas (LNG) to Thailand annually, with deliveries beginning in 2027 under a multi-year contract.

Ukrainian President Volodymyr Zelensky informed Polish Prime Minister Donald Tusk on October 5 about potential peace negotiations that could be led by the United States. The briefing addressed ongoing diplomatic efforts regarding the war in Ukraine.

According to ChainCatcher, the U.S. Treasury Department sanctioned a network including a Hamas military wing member, two French nationals, and two charities for raising over $2 million through cryptocurrency and humanitarian donations between 2020 and 2026. Faouzi Barika and Amel Oualid allegedly conducted fundraising in France under humanitarian pretenses, transferring funds to Hamas. Of the total raised, $1.5 million was collected after the October 7, 2023 Hamas attack on Israel. The network a

According to the UK Prime Minister's Spokesperson, U.S. Commerce Secretary Russ Lutnick will attend a roundtable meeting at 10 Downing Street on Monday (October 6), where he will meet with U.K. government business advisors and several CEOs.

According to CNBC, in late September Microsoft is shifting to consumption-based pricing for its AI tools to compete in the rapidly evolving artificial intelligence market. CEO Satya Nadella emphasized the importance of "diffusion inside the enterprise," deploying AI tools widely across organizations. GitHub Copilot, which adopted usage-based billing earlier this year, reached 50 million users by July, up from 26 million in October 2025. The tool's sales growth accelerated 60% in the prior quarte

RLC surged 15.94% to $0.4865 in 60 minutes, as the asset gained significant momentum on the market. The cryptocurrency jumped from an hourly open of $0.4196 to a peak of $0.4967 before settling at its current level. Over the past 24 hours, RLC has increased 34.47% with a trading volume of approximately $2.97 million, reflecting heightened trader interest in the iExec ecosystem asset.

According to CoinShares, a survey conducted on October 5 found that nearly 70% of wealthy investors in the U.S., UK, France, Germany, Italy, Sweden, and Switzerland hold digital assets. Among existing crypto holders, at least 85% across the five major markets plan to increase their exposure in 2026, with the U.S., UK, and Germany reaching 91%.

According to Hopper data cited by CNBC, U.S. domestic round-trip airfares for Thanksgiving and Christmas travel surged 31% and 23% respectively in late September compared with 2025, reaching $402 and $452 as jet fuel costs remain elevated following the Iran war that began in February. Despite the higher fares driving double-digit revenue growth in the third quarter, major U.S. carriers including American Airlines have cut their profit forecasts due to sustained fuel price pressures. American Air

According to technical analyst Aditya Khatri, PEPE rallied 5% to trade near $0.00000453 on Oct. 5 after reaching an intraday high of $0.00000457. The meme coin broke above the $0.00000445 resistance level following a recovery from the Oct. 2 selloff. Khatri identified a developing Wolfe Wave pattern on PEPE's four-hour chart, which projects toward approximately $0.000005 if buyers sustain the breakout above the descending channel. Support levels sit near $0.00000415 and $0.00000402.

According to SolanaFloor monitoring, Circle minted approximately 2.75 billion USDC on Solana over the past 7 days.

On Sept 30, JP Morgan increased its holding in Timekeeper Angel (06699) by 804,792 shares at HK$85.54 per share, with the transaction valued at approximately HK$68.84 million.

According to Hong Kong Exchange data, on September 30, BlackRock increased its stake in China National Building Material Company Limited (03323) by 14.038 million shares at HK$3.21 per share, totaling approximately HK$45 million. Following the purchase, BlackRock's total holding reached approximately 226 million shares, representing a 6.07% stake in the company.

According to Fitch Ratings, Saudi Arabia is facing fiscal pressure as its 2027 budget statement indicates increased government spending and an expanding fiscal deficit, a shift attributed to regional tensions following recent military developments in the Middle East.

According to Yonhapinfomax, K-Bank announced on October 2 that it extended its partnership with Dunamu, the operator of cryptocurrency exchange Upbit, on real-name confirmed deposit and withdrawal account services for one additional year through October 5, 2027. K-Bank has provided exclusive real-name account services since 2020 to support Upbit's won-denominated trading and manage user deposits. The contract will automatically renew annually unless either party terminates it.