Gate Crypto Flash News and Market Updates

According to Russian Defense Ministry statements on October 7, Russian forces conducted strikes across 146 areas over the previous 24 hours, targeting Ukrainian drone production facilities, ammunition and military supply depots, as well as temporary deployment points of Ukrainian and foreign mercenary forces. Russian air defense systems intercepted 4 guided aerial bombs and 764 fixed-wing drones. Ukrainian Armed Forces General Staff reported on October 7 that Ukrainian forces struck multiple Rus

According to a Houthi spokesman, the militant group struck Saudi Arabian military positions and a gathering point of the '13th Giant Brigades' with 12 ballistic missiles over the past 24 hours. The strikes reportedly resulted in dozens of casualties.

According to Federal Reserve data, overnight reverse repurchase (RRP) agreement usage declined to $2.338 billion on October 7, with 15 counterparties participating, down sharply from $4.14 billion the previous trading day.

The U.S. Securities and Exchange Commission recently issued a report examining the role of Climate Action 100+ in promoting the election of dissident directors at Exxon Mobil's 2021 annual shareholder meeting. While the SEC determined it would not pursue enforcement action based on currently available information, the agency stated it harbors "serious concerns" about the conduct of Climate Action 100+ members and other participants involved in the activities.

According to Central Television CCTV, on October 7, a senior Iranian official stated that Iran will not abandon its uranium enrichment rights, calling it a "red line" for the country. The statement responded to U.S. Vice President Vance's remarks on October 5 demanding Iran make "substantial" reductions in uranium enrichment capacity to resolve the U.S.-Iran conflict. The official said the U.S. position and Iranian demands remain at odds on this matter.

According to Reuters, Micron Technology stock fell over 3% on October 7 after workers at its Taiwan operations voted to authorize a strike over the company's employee bonus scheme. Some 1,994 union members from Micron's Taoyuan facility voted in favor of the strike, accounting for 99% of ballots cast. The union objected to the company's NT$1 million (approximately $31,386) cash bonus for Taiwan employees, demanding instead a permanent profit-sharing system. The authorization does not mean worker

According to ChainCatcher, Matter Labs open-sourced Prividium's permission engine on September 8 under Apache 2 license. The engine manages on-chain roles and access permissions. The open-source release allows institutions to run permissioned chains independently without commercial agreements and inspect or modify core code, reducing vendor dependency. German Bundesbank became the first institution to test and deploy the open-source permission engine on its own infrastructure, with both parties

According to Ukraine's Foreign Ministry spokesman on October 7, Ukraine is willing to participate in three-way peace talks involving Ukraine, Russia, and the United States, with hopes to hold discussions this month. The Foreign Ministry revealed that Ukraine is currently studying five different ceasefire mechanisms, including comprehensive unconditional ceasefire, Black Sea ceasefire proposals put forward by Turkey and Egypt, India's energy-sector focused plan, and a possible energy ceasefire op

According to Iran's Foreign Minister Araqchi, Iran's delegation presented an innovative proposal during the UN General Assembly to restore security in the Strait of Hormuz, including a seven-day plan aimed at achieving that objective.

The U.S. Treasury conducted an auction of $39 billion in 10-year notes with a stop-out yield of 5.3%, compared to 4.834% on September 9. The bid-to-cover ratio came in at 2.77, up from 2.71 in the previous auction.

According to CoinCodex, Shiba Inu (SHIB) fell 5% on Wednesday despite massive token burns and broad crypto weakness. A single transaction removed nearly 298 million SHIB from circulation, yet failed to support the price. Derivatives positioning amplified the decline, with around $285,000 in SHIB positions liquidated over 24 hours, of which approximately $271,000 came from long positions, accounting for roughly 95% of all liquidations.

According to Whale Alert, 615 BTC worth approximately $51 million were transferred from Coinbase Institutional to an unknown wallet, according to on-chain data. The transfer highlights continued institutional activity in the cryptocurrency market.

Wall Street strategists are divided on whether U.S. Treasury yields will decline sharply or reach new highs by year-end. Goldman Sachs strategists including William Marshall maintain a bullish outlook, arguing that market concerns over inflation and government debt expansion may be overdone, potentially creating conditions for a bond market rally before year-end. In contrast, Anshul Pradhan, head of U.S. rates research at Barclays Capital, expects yields to continue rising and remain elevated.

According to blockchain analytics firm Arkham, the U.S. government moved $103.2 million in Bitcoin and BNB on Tuesday. The transfer included 833.6 BTC (worth approximately $71.6 million) and 40,285 BNB (worth approximately $31.63 million). Some of the Bitcoin was deposited at Coinbase Prime, which market observers typically interpret as preparation for sale, though no sale has been announced. Arkham traces the Bitcoin to forfeited HashFlare fraud funds (568.7 BTC) and Bitfinex hack seizures (264

According to Onchain Lens, on October 8, HyperLabs, the development team behind Hyperliquid, completed a seven-day unstaking process for 3.75 million HYPE tokens worth approximately $330 million. The tokens have been credited to the team's spot balance. 1.875 million HYPE have been distributed to five OTC buyer wallets, with each wallet receiving 375,000 HYPE, representing 50% of the total 3.75 million tokens allocated for the off-exchange transaction.

According to predict.fun, Polymarket announced at the TOKEN2049 event on October 7 that the probability of launching a token has dropped from 63% to 17%.

According to ChainCatcher, Block gifted one Bitcoin valued at approximately $85,000 to a participant at ComplexCon in Los Angeles. Jack Dorsey's fintech company set up a fishing game booth called "Lightning Lake" via its Cash App, where participants could win small amounts of bitcoin, with one player catching the full coin. Block's bitcoin marketing lead Maria Pesce said the company aims to make bitcoin "approachable, tangible, and fun," allowing people to transition from never using bitcoin to

Meta announced Wednesday that it is rolling out new AI tools to detect ads and accounts that secretly direct users to illegal child sexual abuse material. The company said it took action against 33.2 million pieces of child sexual exploitation content on Facebook and Instagram in the first half of 2026, with more than 97% detected by its systems before users reported it. Meta's new large language model system targets what it calls "signposting"—ads that appear harmless but are suspected of direc

According to Houthi armed group spokesperson, Saudi warplanes launched 156 airstrikes and missile strikes in the past 24 hours, targeting civilian areas in the capital Sana'a and provinces including Taiz, Saada, Jawf, Marib, and Amran. Since Yemen's escalation, the cumulative total of Saudi-led airstrikes and missile strikes has reached 1,798, according to the spokesperson.

On Wednesday (October 7), European government bond yields surged, with French 10-year yields climbing 12 basis points to 4.870%, reaching 4.933% by 21:43 Beijing time and approaching recent peaks. Italian 10-year yields rose 9.7 basis points to 4.624%, while Spanish and Greek 10-year yields climbed 4.8 and 8.9 basis points to 4.118% and 4.483% respectively, as investors offloaded eurozone debt amid market volatility.