Gate Crypto Flash News and Market Updates

According to Bloomberg, on Oct 13, Coinbase co-founder Fred Ehrsam is entering the energy sector through his startup Primavera, which plans to operate multiple oil fields in Venezuela with a target of 100,000 barrels per day production. Primavera has recently signed multiple contracts with state-owned Petróleos de Venezuela, S.A. and hired executives from Chevron and Occidental Petroleum to manage infrastructure and boost traditional and heavy oil output. The company aims to invest substantial c

According to eyewitness accounts reported by Jimu News, Apple Executive Chairman Tim Cook was spotted at Tsinghua University's School of Economics and Management building entrance on October 13 afternoon. Cook waved before departing the campus.

According to Foresight News, Rain, a stablecoin payment platform, has launched Rain Wallet, a non-custodial embedded wallet that partners can integrate into their applications. The wallet supports 12 blockchains including Arbitrum, Avalanche, Base, BNB Smart Chain, Celo, Ethereum, Monad, Plasma, Optimism, Polygon, Solana, and ZKsync. Wallet balances are compatible with Rain's card, virtual accounts, and global payment services. The platform plans to introduce custodial wallet functionality and y

According to Nasdaq data, Micron Technology closed Monday, October 12, 2026, at $989.04, down $39.96 or 3.88% from Friday's $1,029.00. The Philadelphia Semiconductor Index fell 2.67% to 12,236.79, while the Nasdaq Composite declined 0.44%. The selloff followed reports that ChangXin Memory plans to produce server DDR5 registered modules using a 4F2 cell structure by year-end 2026, a density advance over mainstream 6F2 designs. South Korean chip stocks extended losses Tuesday. Samsung fell 7.39% a

According to CertiK's Skynet, Canton Network generated more than $155 million in fees during the third quarter of 2026, leading the comparison of blockchains analyzed by the platform. The report was released on October 12.

According to Bloomberg, the London Stock Exchange Group (LSEG) confirmed it is in talks with Permira to acquire Octus for approximately $3.5 billion.

According to Jin10, Russia launched five ballistic missiles at Ukraine's capital Kyiv on October 13, with President Volodymyr Zelensky stating that no advance warning was received from Western allies. The strikes hit civilian infrastructure. Zelensky emphasized that early notification of Russian missile launches is critical, as it allows civilians time to reach shelters. Ukraine remains heavily dependent on U.S. intelligence sharing and NATO-funded American weaponry.

According to on-chain analyst Ai姨, as of October 13, the address of Huang Licheng (known as "麻吉大哥") has suffered cumulative losses of $11.27 million over the past 7 days. The account balance has plummeted from $5.46 million on October 5 to just $562,000 today. The address currently maintains a 25x leveraged long position of 7,150 ETH (approximately $17.86 million). The liquidation price stands at $2,472.78, leaving only a $26.52 buffer from the current price.

According to on-chain analyst PeckShield, a hacker illegally minted 19 million $THEO tokens on the Base network and converted them into 700.8 ETH (approximately $1.76 million) within 24 hours. The attacker subsequently transferred the funds to Ethereum via a cross-chain bridge. $THEO token price crashed 92% over the same period following the exploit.

According to on-chain analyst Ai Yi, monitored via PANews, Machi Big Brother exited positions twice today (Oct 13), realizing cumulative losses of $1.022 million—comprising $1.01 million and $12,000 respectively. The trader still holds 7,150 ETH on 25x leverage long position, worth approximately $17.86 million, with liquidation price at $2,472.78. Current account balance stands at $562,000.

According to Jin10, on October 13 afternoon, Yemen's Houthi forces issued a warning calling for immediate evacuation of all workers and civilians from Saudi Aramco oil facilities and surrounding areas. The Houthis stated that Saudi Aramco's oil installations will become legitimate targets for strike operations.

On October 12, Zcash (ZEC) fell 8.5% during volatile trading with $19.9M in leveraged positions liquidated, according to Binance data. ZEC declined from its September 26 peak of $1,653.12 to approximately $1,167, recovering slightly to $1,215 on October 13 but remaining roughly 26% below its September closing level. The sell-off coincided with broader cryptocurrency weakness as Bitcoin slipped toward $81,000. The Zcash Foundation announced its NU7 upgrade entered testnet preparations, proposing

According to the New York City Council, SpaceX has agreed to appear before the council this Friday at 10 a.m. ET to testify regarding artificial intelligence safety risks, the council announced on Tuesday. The hearing is part of a legislative investigation into AI safety. Council Speaker Julie Menin and General Counsel Nwamaka Ejebe had issued a subpoena to Musk and SpaceX's AI division on September 28, following SpaceX's absence from a prior hearing on October 5, where representatives from Anth

According to Guru Club, China's commodity futures opened with mixed movements on October 13. Pure benzene rose 1.69%, lead futures climbed 1.05%, styrene gained 0.97%, and coking coal advanced 0.57%. Meanwhile, natural rubber fell 1.93%, No. 20 rubber dropped nearly 2%, and liquefied petroleum gas declined 1.45%.

According to Aptos, the token unlocking plan for core contributors and investors was completed on October 12, 2026. The four-year vesting schedule, announced at mainnet launch, has concluded with all initially allocated tokens fully released. No further token unlocks remain for this cohort.

According to LatePost, Alibaba's Qiwen Office is developing an e-commerce version tailored for multi-platform merchants, scheduled to launch ahead of this year's 11.11 pre-sale event. The project commenced in June, entered intensive development in September, and is led by Qiwen Office CEO Chen Yusen, with Huang Peipei overseeing execution. The initiative involves nearly 100 employees, combining Qiwen's universal AI agent capabilities with the e-commerce team's industry expertise and merchant ins

According to The Verge, Apple announced the HomePod Mini 2 on October 13, priced at $149 with a new S10 chip. However, Siri AI capabilities will not ship at launch and will arrive through a later software update. The speaker features a new Sound Glow function that syncs LED lights with album art, can serve as a Mac's default speaker, and supports up to four units paired with the new Apple TV 4K for surround sound. Preorders begin today, with shipments starting October 30.

According to PANews, spot silver fell below the $60 per ounce level to $59.958 on October 13, down 0.55% intraday.

Nvidia stock closed at $226.32 on October 12, down $2.96 (1.29%), as the market absorbed OpenAI's confirmed $50 billion annualized revenue for September. According to CNBC, the figure was below a widely reported $68 billion that included gross partner revenue. Nvidia's decline extended losses following the October 8 disclosure, when the stock fell $6.99 (2.94%) to $230.48. Monday's close remains $12.92 (5.40%) below the October 6 record close of $239.24. Microsoft announced on October 12 that Ma

American Express introduced the Intent Intelligence Framework on October 13 to authenticate customers' purchase instructions before AI agents complete transactions. The framework captures purchase details, including merchant name, budget limits, and product preferences, then generates a unique Proof of Intent Token that replaces the customer's actual credit card number at checkout. According to an Amex Trendex report, 66% of surveyed U.S. consumers said they are likely to use AI agents to resear