Gate Crypto Flash News and Market Updates

Spain's composite PMI rose to 56.8 in September from 55.8 in August, according to official data.

Spain's services sector PMI for September came in at 58.3, beating expectations of 56.8, up from 57.8 in August.

According to GoPlus, PeckShield, CertiK and security firm Blockaid, an unidentified vault contract on Base lost approximately $6 million yesterday (October 4) after attackers exploited weaknesses in its multisignature governance and access controls. The attacker borrowed 1,783 aBaswstETH from the vault and redeemed the Aave receipt tokens for approximately 1,783 wstETH, with losses detected within roughly 40 minutes as unusual withdrawals escalated from $2.02 million to $6 million. Investigators

Spanish Prime Minister Pedro Sánchez announced that early elections will be held on November 29, 2026.

European stock markets opened higher today, October 5. The German DAX index gained 1.17%, the UK FTSE 100 rose 0.32%, France's CAC 40 advanced 0.79%, the Stoxx Europe 50 index increased 1.02%, and Italy's FTSE MIB index climbed 0.49%.

According to Coinglass, Binance saw net outflows of 50.38 million USDT over the past hour.

According to RBI Governor Sanjay Malhotra speaking at the Kautilya Economic Conclave on October 3, India supports distributed ledger technology and tokenization but remains cautious about privately issued cryptocurrencies due to concerns over monetary sovereignty, monetary policy independence, and capital flows. Malhotra said the RBI is actively deploying some blockchain technologies internally and through public-private partnerships, but stressed that cryptocurrencies present a different propos

According to DefiLlama's October 3 snapshot, 71% of tracked blockchains generated zero fees in 24 hours, highlighting the economic concentration of activity among major networks. Solana led with approximately $1.09 million in daily fees, followed by Tron at $922,900, BNB Chain at $793,900, Ethereum at $435,000, and Bitcoin at $325,600. Base generated $114,800 and Robinhood Chain $100,900. Only seven of 558 tracked blockchains exceeded $100,000 in daily fees, while 399 chains generated no measura

According to ChainCatcher, The Rollup founder Andy hinted that Polymarket's POLY token is coming soon, posting 'POLY is coming' on X. Polymarket founder Shayne Coplan indicated in a linked post that he may share further details on the topic at the TOKEN2049 conference in Singapore. No information on token launch date, distribution, or airdrop details has been disclosed.

According to the Infocomm Media Development Authority's 2026 Singapore's Digital Economy report, Singapore's digital economy reached S$144.1 billion (US$113 billion) in 2025, representing 19.3% of gross domestic product. Tech employment hit 222,200 in 2025, with monthly wages 60% above the national median, while AI adoption among small and medium-sized enterprises rose to 23.4%. AI, data, and cybersecurity were the fastest-growing job categories. IMDA is expanding its TechSkills Accelerator prog

According to Axios, Treasury Secretary Bessent said last Saturday (October 3) that the U.S. 'Golden Age' remains on track but Iran conflict masks economic progress. When pressed by reporters that the economy faced headwinds rather than merely obscured gains, Bessent maintained most economic indicators remain strong except overall inflation. He attributed some cost-of-living pressures to prior administration inflation legacies.

According to KuCoin's official announcement, the exchange has released its latest Proof-of-Reserves report confirming a 1:1 on-chain reserve ratio, reinforcing the security of user funds. The report, shared via the official @kucoincom account, emphasizes transparency and fund protection as regulatory scrutiny increases across the crypto industry. KuCoin maintains the 1:1 reserve ratio to comply with industry best practices and reassure investors of their asset safety.

According to Arbitrum Security Council, on Oct. 2, 2026, Arbitrum paused new Stylus contract activations on Arbitrum One and Nova after AI-assisted development tools increased the ability to create attacks against hand-crafted WebAssembly programs. The emergency measure prevents new Stylus contracts from being activated but does not affect existing contracts or user interactions with deployed applications. The Security Council implemented the restriction by setting the Stylus activation gas requ

According to Fireblocks official announcement, the company has launched live stablecoin rails with bank pilots currently in production. The infrastructure advancement enables tokenized assets to move on-chain, marking a critical development in institutional cryptocurrency infrastructure adoption.

According to Bloomberg and Kpler ship-tracking data, LNG exports through the Strait of Hormuz have resumed, with at least three cargo shipments departing since late last week, marking the highest export level since the Iran conflict escalated in late February. However, current volumes remain more than 75% below pre-conflict levels, indicating ongoing supply constraints. The recovery faces persistent risks. On October 4, the UK Maritime Trade Operations office reported that a tanker came under at

According to Jin10, wheat futures surged for a third consecutive trading day on Monday, October 5, climbing 1%, amid Russian threats to intensify strikes on Ukrainian infrastructure. The surge reflects market concerns over potential disruptions to global grain supplies shipped through the Black Sea. Russia's Defense Ministry announced on Sunday that it would increase attacks on Ukrainian infrastructure. Since July, the Black Sea region—a major global grain trade corridor—has faced severe supply

According to analysts speaking at Herald Money Festa 2026 recently, multiple investment experts warned against selling shares in Samsung Electronics and SK Hynix, citing continued strength in the AI investment cycle. Yoo Dong-won, head of Global Asset Allocation at Unita Securities, stated that investors selling Samsung Electronics and SK Hynix shares now "may regret it in 2 to 3 years," noting that the AI cycle has not yet peaked. He emphasized that South Korea's domestic market should not exce

According to Hyperliquid on-chain data reported by ChainCatcher, whale address 0xec4a...cf62 increased BTC and ETH long positions between 1:24 p.m. and 1:30 p.m. UTC today. BTC long position rose from approximately 260 to 360 BTC (worth ~$30.93 million) at an average entry price of $84,931. ETH long position increased from about 1,637 to 3,719 ETH (worth ~$10.09 million) at an average entry price of $2,689.

According to ARK's October 2 holdings disclosure, Twist Bioscience (TWST) and 10x Genomics (TXG) have each climbed nearly six times their end-2025 closing prices, becoming the two largest positions in the ARK Genomic Revolution ETF (ARKG) with combined holdings of 20.27%. TWST gained 495% year-to-date while TXG advanced 473%, helping ARKG achieve an 86% return, outpacing Cathie Wood's flagship ARKK ETF at 17% and major U.S. stock indexes. Retail sentiment diverges sharply between the two biotech

According to Hong Kong Financial Secretary Paul Chan, the city will submit legislative amendments by year-end to establish licensing regimes for virtual asset trading, custody, advisory, and management services. The Financial Secretary made the announcement on October 5 as part of the government's response to fintech innovation.