Gate Crypto Flash News and Market Updates

According to Xinhua, Chinese CPPCC Chairman Wang Huning met Vietnamese National Assembly Chairwoman Tran Thanh Man on October 11 in Beijing. Wang said China is willing to advance high-quality cooperation across all sectors with Vietnam under the strategic guidance of the two countries' top leaders, and promote the building of a China-Vietnam community of shared destiny.

According to Xinhua, on October 10, Eritrea's Foreign Minister Osman Saleh called on the UN Security Council to take necessary measures against Ethiopia amid escalating diplomatic tensions between the two countries. In a letter to the Security Council, Saleh accused Ethiopia of declaring war against Eritrea and characterized recent Ethiopian accusations against Eritrea as a deceptive attempt to justify military action against a sovereign state.

According to Xinhua, Pakistan's President Asif Ali Zardari approved the implementation of emergency rule in the northwestern province of Khyber Pakhtunkhwa on October 11 amid deteriorating security conditions. The decision was made following recommendations from the federal cabinet and security reports on the province's situation.

According to Bitfinex, whales accumulated approximately 84,000 BTC over the past month, signaling a potential shift in market sentiment. The apparent demand metric improved from -205,000 BTC to -22,000 BTC during this period, suggesting increasing confidence in Bitcoin's near-term prospects.

According to BlockBeats and HTX data, STRK (Starknet) surged 55% in 24 hours on October 11, briefly breaking $0.12 to trade at $0.11, leading altcoin gains. StarkWare CEO Eli Ben-Sasson stated that Starknet is actively considering becoming an independent Layer 1 blockchain and implementing quantum resistance by 2027, earlier than Ethereum's planned timeline. His comments on quantum computing threats and cryptographic agility at Token2049 fueled the price rally.

According to Israel's Channel 13, U.S. President Trump held urgent talks with Israeli Prime Minister Netanyahu on October 11 regarding a possible new military strike on Iran. Trump also stated he would evaluate whether a recent Saudi attack changes his stance on Iran military action, and indicated the U.S. may participate in potential Saudi operations against Houthi forces. Trump added he would soon discuss the Yemen situation with Saudi Arabia's crown prince.

According to Coldcard, a phishing link appeared on its official X account on Sunday (October 5), which has since been deleted. The Bitcoin hardware wallet said it was investigating how the post was published from its account, which has used offline two-factor authentication and tightly restricted access since 2017. Coldcard contacted X and is reviewing all account access, advising users not to interact with the link and confirming its only official website is https://coldcard.com.

According to PPP prediction market tool, a Polymarket prediction betting on Bitcoin falling to 80,000 USDT in October's remaining time reached 63% probability this week, up 13% over the past seven days. The market uses Binance BTC/USDT as the settlement reference, resolving to 'Yes' if any 1-minute candlestick reaches 80K during October.

According to blockchain detective Specter, an attacker associated with the Ledger hardware wallet supply chain incident transferred 2,990.3 ETH, worth approximately $7.45 million, to Tornado Cash on October 9-10. The attacker previously dispersed funds across 14 addresses, then cross-chained the assets to the ZEC network via NEAR Intents for further privacy protection. Researchers traced the fund flows through address associations in withdrawal transactions, including reused wallet addresses and

According to Xinhua News Agency on October 10, China's Central Committee and State Council released an opinion on developing new quality productive forces, proposing the construction of a national blockchain network and nationwide integrated computing power grid to promote deep integration of the physical and digital economies. The opinion also calls for establishing a sound data elements market system with improved data property rights, transaction mechanisms, benefit distribution, and protecti

Pakistan's Ministry of Foreign Affairs issued a statement on October 11, strongly condemning the latest Houthi attack on King Khalid International Airport in Riyadh, Saudi Arabia. According to the statement, the attack violates international law and poses a serious threat to regional peace and security. Pakistan reaffirmed its commitment to safeguarding Saudi sovereignty, territorial integrity, and security stability, citing recent decisions by the Makkah Consensus Defense Treaty's strategic and

According to PANews, Microsoft CEO Satya Nadella stated on October 11 that the industry must build a new AI trust architecture as super intelligence systems rapidly advance, moving away from relying on opaque AI models and shifting responsibility away from model providers alone. Nadella outlined six core governance principles for super intelligence systems: model diversity to avoid single-point dependencies; comprehensive observability with immutable, human-readable logs for all critical AI beha

According to Musk's posts on X, Elon Musk recently pitched Starlink as an affordable satellite internet alternative for India, arguing it would benefit consumers by offering competition to Reliance Jio ahead of Jio Platforms' planned initial public offering targeting a $106 billion valuation. Musk emphasized that Starlink would need to keep pricing competitive in India, where internet data is already among the world's cheapest, and highlighted the service's potential to reach underserved rural a

As of October 11, 6:30 p.m. KST, Bitcoin Kimchi premium across South Korea's four major exchanges (Upbit, Bithumb, Coinone, DigitalEx) versus Binance averaged 1.31%, according to Digital Asset data. Ethereum showed a higher premium of 1.35%, while XRP and USDT (Tether) each posted premiums of 1.31% and 1.32% respectively, indicating consistent positive spreads across major digital assets on Korean exchanges.

According to Arbitrum, Paxos launched USDG stablecoin on Arbitrum, reaching over $30 million market cap shortly after launch. The stablecoin is now integrated into the Global Dollar Network alongside partners including Robinhood and Kraken, positioning it to enhance liquidity and user engagement within the DeFi ecosystem on Arbitrum.

According to Odaily, crypto analyst Darkfost disclosed a list of 23 potentially compromised Ledger resellers today, including vendors on Lazada, following the security breach at Ledger retailer CryptoBilis. Ledger has confirmed a connection to the CryptoBilis incident but has not yet determined whether it was the only affected reseller. Darkfost noted the identified merchants share geographic proximity, raising concerns about potential simultaneous supply chain compromise, though he emphasized t

According to Bonk Guy on X, USELESS has reached trading volumes approaching or exceeding DOGE across multiple major platforms: on Coinbase, USELESS volume exceeded DOGE; on European exchange Bitvavo, it reached nearly 3 times DOGE's volume; and on Kraken, volumes are comparable. However, USELESS currently holds a market cap of approximately $186 million, compared to DOGE's $13.4 billion—a roughly 72-fold difference. Bonk Guy noted that among meme coins, only USELESS and DOGE appear in the top 50

According to PPP prediction market tool, on October 11, an Ethereum account (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $43,000 worth of prediction shares betting on 100 Thieves to defeat NRG in the VCT Champions 2026 matchup. The account bought 74,553.4 shares at an average price of 57.7 cents per share. The match begins at 5:00 PM UTC on October 11 in a best-of-three format.

According to IREN's X post on Saturday, Mirantis has completed NVIDIA-Certified Hypervisor validation for its k0rdent AI virtualization stack on Arm-based NVIDIA GB200 systems. The company said the validation demonstrates that virtualized environments can deliver near bare-metal performance while maintaining customer separation. The announcement comes as SemiAnalysis last week questioned IREN's infrastructure claims, citing operational issues at British Columbia sites. Meanwhile, IREN's AI cloud

According to the Polish Interior Ministry on October 11, Poland's security forces received intelligence indicating potential assassination plots against Prime Minister Donald Tusk and Defense Minister Wladyslaw Kosiniak-Kamysz in the near term.