Gate Crypto Flash News and Market Updates

Komodo (KMD) crashed 34.7% to $0.004356 today within 30 minutes, dropping from its earlier level of $0.0066705. The sharp price decline occurred amid a 24-hour trading volume of just $0.16, indicating low liquidity in the market. With a market cap of $612,649, KMD's daily range moved between a low of $0.00435555 and a high of $0.00840667, reflecting heightened volatility typical of smaller-cap cryptocurrency assets.

According to Bloomberg, Broadcom CEO Chen Fuyang recently stated in Singapore that many investors are blindly investing in markets without understanding what they are actually buying. He described these investors as expecting high returns only to discover they have "essentially entered a casino." Chen's warning echoes Warren Buffett's long-held investment principle that investors should only invest in companies they understand. Buffett wrote in 1996 that investors need the ability to evaluate bu

According to Bloomberg, informed sources say Microsoft plans to expand its global data center network capacity to over 38GW by 2032, more than triple the current approximately 12GW level. The expanded capacity would exceed New York State's peak electricity demand. The roadmap includes both Microsoft-owned and leased facilities but excludes capacity rented from providers like CoreWeave Inc.

According to Yonhapinfomax, on October 13, U.S. 10-year Treasury yields fell to 5.1750% during New York afternoon trading, marking their lowest level since October 2, before rebounding to 5.217%, down 2.60 basis points from the previous close. The 2-year yield rose 0.20 basis point to 4.793%, while the 30-year yield declined 3.60 basis points to 5.563%. New York Federal Reserve President John Williams stated that after one more rate increase this year, further hikes would not be necessary in 202

According to Whale Alert, Circle minted 250 million USDC on Solana's blockchain at 05:17 UTC on October 14, marking the third issuance within 24 hours. Solscan data confirmed the transaction was executed by Circle and successfully completed. The prior two minting events occurred at 00:17 and 05:04 UTC, each for 250 million USDC. Combined, Circle issued 750 million USDC on Solana throughout October 14.

According to Decrypt, the FBI arrested OpenAI engineer Abdulrahman Alfozan on October 9 on charges of using or attempting to use a device to intercept oral communications. The 35-year-old Saudi national, who joined OpenAI in July 2025, appeared in federal court this week. The device was discovered around September 30, concealed behind a television and connected to a USB port, wrapped in tissue paper with encrypted contents. Installation occurred approximately on September 28. OpenAI stated it di

According to SushiSwap's official announcement, today the exchange partnered with LayerZero to enable builders to launch multichain assets on Robinhood Chain through Sushi Launch. The collaboration allows token creators to utilize Sushi Launch for token creation and pairing on the emerging platform, expanding SushiSwap's multichain capabilities.

According to @arbitrum, Arbitrum One recently surpassed 13 million transactions utilizing priority fees for enhanced execution speed. The milestone underscores growing user adoption of Arbitrum as a leading Ethereum scaling solution and reflects heightened demand for faster transaction processing on the platform.

According to The Information, Microsoft's cloud president called on business leaders to cut spending by 20%. The recommendation comes as companies face continued pressure to optimize their operational costs and improve efficiency.

Rio Tinto reported Q3 2026 Pilbara iron ore production of 83.44 million tons, with shipments of 85.7 million tons exceeding analyst expectations of 84.9 million tons. Copper production for the quarter reached 204.5 thousand tons. The company maintained its full-year guidance across all key metrics, including total iron ore sales of 343-366 million tons and annual copper production of 800,000-870,000 tons.

According to Israel's Channel 12 on October 13, Israeli Prime Minister Benjamin Netanyahu discussed with U.S. President Donald Trump last week the possibility of restarting war against Iran before the U.S. Congressional midterm elections in early November and before Israel's parliamentary elections on October 27. A U.S. official cited in the report said Netanyahu wanted to launch an attack before the elections.

According to Whale Alert, Circle minted 250 million USDC on the Solana network on October 14 at 05:04 UTC, valued at approximately $250 million. Solscan data confirmed the transaction was executed by Circle. This marks the second USDC issuance on Solana within 24 hours, following an earlier 250 million token minting at 00:17 UTC on the same day.

According to Yonhapinfomax, West Texas Intermediate (WTI) crude for November delivery closed at $94.14 per barrel on Oct 13 (US Eastern time), up $0.40 or 0.43% from the previous session. The surge marked the fourth consecutive day of gains since Oct 8, driven by Saudi Arabia's airstrike on Yemen's central Al-Sabaha oil facility controlled by Iran-backed Houthi militants. Saudi's cabinet stated the rebels will face consequences for their attacks. Benchmark Brent crude for December delivery decli

According to Character.AI, the company filed for voluntary Chapter 11 bankruptcy on October 12 in the U.S. Bankruptcy Court for the District of Delaware. The startup aims for a court-supervised asset sale, with the platform to be wound down if no buyer commits to keeping the service active. Disney Worldwide Services, the opening bidder, offered $20 million for a non-exclusive perpetual license to some of Character.AI's intellectual property and transition services. The company estimates assets a

According to The New York Times, Federal Reserve Governor Cook's legal representative publicly condemned President Trump's recent investigation, stating Cook cannot meet the requirement to attend a White House hearing scheduled for November 5.

According to Evercore ISI, Fermi signed a credit support agreement with Advanced Micro Devices (AMD) on October 13 for the first phase of Project Matador, an energy and AI infrastructure project in Texas. FRMI stock rallied more than 20% in morning trade, recovering from recent lows. The agreement supports a lease covering 222 megawatts of gross power capacity. Evercore ISI analyst Nicholas Amicucci called the agreement "a constructive step toward financing the first phase of Project Matador" bu

Microsoft disclosed over $130 billion in new data center lease commitments in the last quarter, reflecting accelerating spending on artificial intelligence infrastructure. The company's expansion underscores its major investment push to support AI-driven computing capabilities.

According to Bloomberg ETF analyst JSeyff, BlackRock's bitcoin ETF project nearly faced cancellation multiple times during its development, despite executives having already begun preparations for the launch. The challenges were driven by internal board discussions, the FTX collapse, and Larry Fink's early skepticism toward bitcoin. BlackRock now operates the world's largest spot bitcoin ETF.

According to Iran's Foreign Ministry, Iran's Foreign Minister Araghchi held talks with his Omani counterpart to discuss the latest regional developments, including the situation in Yemen, and explore pathways toward regional peace and stability.

According to Houthi-run Al Masirah TV, Saudi-led coalition warplanes struck fuel facilities in Yemen's Hodeida province on Oct 13, killing 2 people and wounding 2 others.