Gate Crypto Flash News and Market Updates

According to Yemen's Ministry of Transportation, Houthi forces launched an attack on Aden International Airport with two ballistic missiles and multiple explosive-laden drones on the morning of October 7. The strike targeted the airport runway and terminal building. An Egypt Air flight arriving from Cairo was forced to divert to Jeddah, Saudi Arabia, after the runway near its landing zone came under missile fire. The airport conducted emergency evacuations; no casualties have been reported so fa

According to BlockBeats, on October 7, Orca token rose 9.78% on the day and climbed 80% over the past seven days, now trading at $2.903, outperforming the broader market. The Solana ecosystem liquidity protocol proposed a fee-sharing initiative introducing a 10% buyback account operated by the team. The proposal is scheduled to conclude on October 10.

According to Jin10 Data, on October 7, South Korea's Seoul High Court acquitted former President Yoon Suk-yeol in a second trial of alleged violations of the Political Funds Act. Prosecutors had accused Yoon and his wife Kim Keon-hee of illegally receiving 58 opinion polls valued at 2.7 billion Korean won from political consultant Myung Tae-gyun between June 2021 and March 2022. Prosecutors argued the surveys were manipulated and favored Yoon's candidacy.

India's central bank raised its crude oil price assumption for the second half of fiscal year 2027 to $95 per barrel, up from $85 per barrel assumed for the first half.

According to South Korean securities analysts, Samsung Electronics is expected to post third-quarter operating profit of 105.4 trillion Korean won, with semiconductor division (DS) driving the majority of earnings. Memory chip prices surged this quarter, with D-RAM prices up approximately 20% and Nand flash up 19%, outweighing modest volume increases. However, special performance bonus provisions—estimated at around 11.4 trillion won—may partially offset the strong results. Non-semiconductor div

According to sources, AMD CEO Lisa Su is scheduled to meet Samsung Electronics semiconductor executive Jun Young-hyun on October 7 in South Korea. This marks Su's second visit to Seoul within seven months. The meeting comes as AMD and Samsung continue to strengthen their partnership on advanced memory chip supply. The two companies reached a supply agreement in March, under which Samsung will provide next-generation high-bandwidth memory (HBM) and advanced memory chips to address the ongoing sho

According to CNBC on October 6, Arthur Hayes, BitMEX co-founder and current CIO of crypto investment firm Maelstrom, predicted that massive overinvestment in artificial intelligence data centers would eventually trigger market collapse followed by government bailouts, with resulting liquidity flowing into Bitcoin and other cryptocurrencies. Hayes stated that trillions of dollars are being wasted on AI data center construction. He cited a historical pattern where major technological innovations a

According to ChainCatcher, Kalshi's 15-minute gold contracts generated approximately $5 million in fees during September, nearly double Ethereum contracts' $2.6 million during the same period. Gold contracts recorded 542 million in traded volume, exceeding Ethereum's 318 million, according to data from Predict Charts. Bitcoin remains the platform's largest market with $60.4 million in estimated fees. Short-duration markets are growing significantly; data from InGame shows that 15-minute crypto,

The Indian rupee depreciated to 96.4750 against the U.S. dollar, marking its lowest level in two months. The currency weakness reflects broader emerging market pressures amid global economic dynamics.

According to Jin10, Saudi Arabian Airlines Group is advancing a large aircraft purchase plan, with deliveries expected to begin in 2031. The purchase, which covers both Saudi Arabian Airlines and its subsidiary low-cost carrier Flyadeal, requires board approval before proceeding. Some aircraft will be used to expand the fleet, while others will replace aging aircraft. Specific order quantities have not been disclosed.

According to Hyperliquid chain data, Bitcoin fell below $84,000 today after failing to sustain an advance toward the $87,000–$87,800 resistance area. The decline followed activity by four newly created wallets that deposited a combined $1 million USDC to Hyperliquid and opened 40x leveraged short positions totaling 148.49 BTC, worth approximately $12.5 million in notional exposure. The deposits and shorts preceded Bitcoin's slip below $84,000. Long liquidations also added selling pressure to the

According to the Reserve Bank of India, the country's consumer inflation rate is projected to reach 5.2% for 2026.

On October 7, South Korea's Financial Supervisory Service (FSS) held an internal control enhancement meeting with 21 major securities firms, requiring them to conduct comprehensive IT security reviews and strengthen internal controls, according to FSS Vice Chair Seo Jae-wan. The FSS emphasized the importance of proactive risk management and asked securities firms to ensure investor protection processes are functioning properly. As part of strengthened margin lending oversight, firms are required

On October 7, South Korea's Financial Security Institute announced the establishment of security assessment criteria for AI agents used in the financial sector, comprising 17 inspection items. Key criteria include objective integrity, cascade failure preparedness, tool permission controls, sandbox environment setup, human approval systems, and inter-agent communication security. The Institute plans to conduct pilot validation through the end of 2026 before formally implementing the standards fro

Japan's August coincident index came in at 118.7, down from 120.6 in July, according to preliminary data released by Japan's Cabinet Office.

According to Benzinga and Wall Street Journal reporting, 96-year-old investment legend Warren Buffett has recently been spending more time watching YouTube, particularly after stepping down as Berkshire Hathaway chairman. His friend Sharon Osberg revealed that during a recent visit to Buffett's Omaha, Nebraska home, they spent several hours together watching YouTube videos covering a wide range of content—from Glenn Close film clips and 1950s television commercials to Paul Anka music videos, an

According to Nice Credit Rating, on October 3, Emart invested $1 billion (approximately 1.36 trillion Korean won) in a fund backing the Paramount-Skydance merger through its subsidiary Starfield Property. The investment, combined with an earlier acquisition of SSG.com stake, brought total non-recurring investments to 2.19 trillion Korean won. Nice Credit Rating warned that the large-scale investment could strain Emart's finances. If fully funded through debt, the company's net debt ratio would r

According to Yonhap Infomax, LG Electronics reported on October 7 that its third-quarter operating profit reached 7.818 trillion won, falling 19.9% short of market consensus of 9.757 trillion won. The company's stock price dropped over 9% following the disclosure. LG Innotek, a key subsidiary focused on camera modules, suffered significant margin deterioration due to unfavorable foreign exchange dynamics. Raw materials purchased when the dollar-to-won rate was elevated in Q2 were reflected in Q3

According to Immunefi security lead Gonçalo Magalhães, an unnamed Base vault suffered a $6 million vulnerability exploit, with approximately $31.7 million in assets remaining in the vault at the time of the attack. The attacker added a malicious contract to the vault's lending whitelist via the Safe multi-signature wallet, then withdrew 1,783 aBaswstETH and exchanged it for approximately 1,783 wstETH through Aave V3. Magalhães noted that while whitelist restrictions appeared secure, approved add

According to Axios on October 6, San Francisco Federal Reserve President Mary Dailey said artificial intelligence-driven semiconductor supply pressure could persist longer than the typical 1–3 year timeframe the Fed usually anticipates for supply shocks. Speaking about AI's impact on chip and tech product prices, Dailey stated the pressure "will not be a one-time shock" and supply will take "considerable time" to catch up with demand. Dailey noted that companies in Silicon Valley are already tak