Gate Crypto Flash News and Market Updates

According to Guru Club, on October 12, a subsidiary of Indonesia's state-owned oil company signed a purchase agreement with Italy's ENI to acquire stakes in three oil and gas blocks.

According to Guru Club, on October 12, Elon Musk warned against torturing superintelligence after reviewing Grok's internal reasoning traces during reinforcement learning. He endorsed parts of Anthropic's perspective and compared the process to subjecting a person to extreme stress under threat, cautioning against such practices in AI development.

According to SIFMA, the U.S. cash Treasury bond market will be closed on Monday (Oct 12) for Columbus Day, a U.S. federal holiday. Meanwhile, the U.S. stock market and CME Treasury futures will operate normally. Cash Treasury bonds refer to actual U.S. government bonds and corporate debt, while Treasury futures are standardized contracts based on U.S. Treasuries.

According to BlockBeats, on October 12, the Sui Foundation announced a $30 million investment in DATA Network as part of a strategic partnership. The AI training data protocol will migrate to Sui and integrate with Walrus, the on-chain data storage platform. The Sui Foundation will become DATA Network's largest institutional stakeholder alongside existing stakeholders PIP Labs and DATA Foundation. DATA Network will upgrade to run natively on Sui, with its independent chain to be retired. Existin

According to Coinglass, Hyperliquid whales currently hold $8.831 billion in positions, with $4.078 billion in long positions (46.18%) and $4.754 billion in short positions (53.82%), as of October 12. Long positions show unrealized profits of $414 million, while short positions are down $425 million.

According to Jin10 on October 12, China's Supreme Court, People's Bank of China, National Financial Supervision Administration, and China Securities Regulatory Commission jointly released six cases protecting the legal rights of financial consumers and investors. The cases span multiple sectors including financial lending, fund management, digital finance, personal insurance, and securities investment, focusing on key issues such as standard contract terms, fair trading, suitability obligations,

According to Liquid247.xyz order book intelligence, Bitcoin is currently trading at $83,765. Binance spot market shows the thickest near-end liquidity: buy orders at $13.99 million against sell orders of $9.69 million, a $4.30 million buy-side advantage. OKX perpetual futures also display stronger buying than selling, though at smaller scale.

According to the Ministry of Commerce, China's Premier Li Qiang will attend the opening ceremony of the 140th Canton Fair on October 15 and deliver a keynote speech. The fair will run through November 4 in Guangzhou.

According to The Information, IREN Ltd.'s shares jumped 8% in overnight trading late Sunday (October 11) after a report indicated that Anthropic is the mystery AI cloud customer the company alluded to during its earnings call in August. The Information's analysis detailed that Anthropic has an unannounced multiyear cloud deal with IREN, part of the AI lab's broader expansion of computing capacity through partnerships with current and former Bitcoin miners including Hut 8, TeraWulf, and Nscale. N

According to Lookonchain monitoring, a whale address opened a 5x leveraged long position of 28.88M W tokens 6 hours ago, with a position value of $643,000. The token surged 25% on the day. The same address previously held a 3x leveraged long on 24.42M STRK with unrealized gains of $1.05 million.

According to Elon Musk at a Tesla event on October 10, Terrafab, a chipmaking joint venture between Tesla, SpaceX, and Intel, will produce superior chips leveraging customized manufacturing expertise. Musk stated the company aims to determine optimal chip fabrication methods despite currently having limited microchip expertise. The facility, planned for Grimes, Texas, will receive initial investment exceeding $150 billion and is expected to create 3,000 jobs with $30 million in state funding sup

According to Goldman Sachs, on October 8, the firm upgraded Palantir (NASDAQ: PLTR) to a buy rating from neutral, setting a $230 price target. Goldman Sachs cited accumulating competitive moats and expected strong earnings trends through 2027. The firm also noted that Palantir stock has risen only 16% year-to-date, underperforming the Nasdaq 100 index's 24% gain, and trades at a discount to comparable growth stocks on a free cash flow basis relative to enterprise value.

According to BlockBeats, on October 12, South Korea's Financial Commission is advancing its tokenized securities market expansion from fragmented investments like real estate and art to bonds and funds. Regulatory amendments to the Electronic Securities Act and Capital Markets Act have entered legislative review through November 11, with formal implementation scheduled for February 4, 2027. Initially, private equity funds, private bonds, and trust-based unlisted stock tokens will be offered to i

According to Lookonchain monitoring, a whale sold 410.14 BTC (worth $34.16 million) on Hyperliquid and subsequently purchased 14,341 ETH (worth $36.14 million) on DEX, completing a large asset reallocation between the two cryptocurrencies.

According to Yonhapinfomax, Daishin Securities saw cumulative corporate bond underwriting reach 1.8 trillion won in the third quarter of 2026, up approximately 30-fold from 600 billion won in the prior-year quarter. The firm now ranks 18th among 36 securities companies in the overall corporate bond underwriting market. In the card bond sector specifically, Daishin recorded 1.28 trillion won in underwriting as of October 7, securing a top-five position. The surge reflects the firm's market-focuse

According to U.S. media on October 11, Saudi Arabia's air defense systems have been experiencing a shortage of interceptor missile stockpiles since at least September, according to reporting from CCTV International. Saudi civilian airports have faced multiple attacks from Yemen-based Houthi militants in recent days, straining the kingdom's defensive capabilities.

According to ZhiTong Finance, the Hang Seng Index opened 0.92% higher at 24,434.93 points on October 12, with the Hang Seng Tech Index up 1.03% at 4,241.07 points. Among 12 Hang Seng industry indices, 11 advanced, led by Consumer Discretionary up 1.73% and Healthcare up 1.50%. Alibaba-W (09988) gained 3.08%, China Pharma (01093) rose 2.92%, and Zijin Mining (02899) climbed 2.91%, ranking as top gainers among Hang Seng constituents. Xiaomi Group-W (01810) declined 0.62%, marking the largest loser

According to ChainCatcher, long-term Bitcoin holders (LTH) transferred approximately 32,000 BTC to exchanges today, marking the second-largest single-day inflow since the February 5 decline, according to on-chain analyst Murphy. Excluding approximately 17,200 BTC transferred by U.S. government-related wallets to Coinbase Prime—which serves official custody and trading functions for U.S. law enforcement—the net selling pressure amounts to roughly 14,800 BTC, primarily from holders with coins aged

According to South Korea's Finance Ministry, Deputy Prime Minister Lee Hyeong-il announced today (October 12) that the government will expand the supply chain stabilization fund's role and allocate 200 billion won to secure overseas production bases. The announcement was made during a supply chain stabilization committee meeting held at the Seoul Government Complex. The government will also expand its list of economically critical items from 327 to 340, adding advanced industrial sectors such as

According to ChainCatcher, experts at a16z crypto recently discussed AI threats to cryptographic security. Stanford professor Dan Boneh and a16z crypto partner Eddy Lazzarin stated that AI has not advanced cryptanalysis or weakened specific cryptographic assumptions. Modern cryptography relies on the assumption that certain mathematical problems lack efficient algorithms; if true, even advanced AI cannot find non-existent solutions. This assumption relates to the unsolved P vs NP problem in comp