Gate Crypto Flash News and Market Updates

According to Saudi Arabia's General Authority of Civil Aviation, King Khalid International Airport in Riyadh suffered multiple attacks on October 8, with two incidents resulting in 3 Saudi citizens killed and several others wounded, the authority confirmed today (October 9). The airport has since resumed operations and air traffic returned to normal. Saudi Airlines confirmed that one of its aircraft was damaged during the attacks and that an airline employee died.

According to Glassnode, approximately 6.26 million BTC, representing 31.2% of the total supply, have public keys exposed to potential quantum computing threats. Glassnode co-founder Rafael noted that this exposure has increased from 24.8% in early 2021, signaling a growing vulnerability within Bitcoin's ecosystem. Among the at-risk holdings, around 1.79 million BTC held by exchanges face quantum-related threats, accounting for approximately 57% of identified exchange holdings. Additionally, 4.33

According to Farside Investors data, U.S. spot Bitcoin and Ethereum ETFs have recorded combined net outflows of $986.3 million so far in October as of October 9. Bitcoin ETF saw net outflows of $407.4 million, while Ethereum ETF experienced net outflows of $578.9 million. Ethereum ETF recorded net outflows of $72.5 million on Thursday, marking the 8th consecutive trading day of outflows; since the outflow cycle began on September 29, cumulative net outflows reached approximately $641.3 million.

According to Jin10, on October 8, China's embassy in Canada held a "New-Era China-Canada Relations Symposium" with over 100 representatives from government, academia, business, and media sectors of both nations. Chinese Ambassador Wang Di stated that both countries should advance together based on mutual respect, seeking common ground while reserving differences, strategic autonomy, and mutual benefit, to promote sustainable development of their strategic partnership. Canadian Prime Minister's P

According to the Ministry of Finance, on October 9, China's fiscal authority released its first-half 2026 fiscal policy implementation report, outlining efforts to standardize tax incentives and fiscal subsidies while advancing consumption tax reforms. The report also highlighted measures to strengthen fiscal expenditure management and enhance financial oversight, requiring government agencies to enforce stricter budgetary discipline.

According to Hong Kong police, a 60-year-old local woman lost over HK$21 million in a cryptocurrency investment scam over six months. Police reported receiving over 40 investment fraud cases in the past week, with total losses exceeding HK$36 million. In this case, the victim was initially attracted by fraudsters promising high returns and was directed to download a cryptocurrency wallet app and transfer funds to a fake investment website. After an initial profit of HK$920,000, she made over 20

According to the Ministry of Finance, China's central government general public budget expenditure reached 2.12 trillion yuan in the first half of 2026, up 6.5% year-over-year, maintaining relatively high spending intensity. National general public budget expenditure totaled 14.33 trillion yuan, growing 1.5% compared to the same period last year. Key spending areas included health services at 1.22 trillion yuan (up 10.8%), social security and employment at 2.64 trillion yuan (up 7.6%), and housi

According to yicai, the cryptocurrency market saw over 110,000 liquidations in the past 24 hours on October 9, with Bitcoin dropping more than 3% to $83,511 and Ethereum falling nearly 5%, according to Coinglass data. The sell-off coincided with a sharp decline in precious metals, with spot gold breaking below $4,100 per ounce and silver dropping below $60 per ounce.

According to Iran's Interior Ministry deputy minister, the Trump administration has resumed implementing sanctions and a 'maximum pressure' policy against Iran. The official stated that while such sanctions have failed to achieve their intended effects in the past and cannot undermine the Iranian people's resolve, this approach appears intended to create leverage for future negotiations to force concessions.

According to Onchain Lens, a newly created wallet recently received 110,000 HYPE (approximately $9.73 million) from another wallet and immediately staked all tokens upon receipt.

According to Jin10 Futures, as of October 9, Dalian Commodity Exchange chemical futures warehouse receipts data for the day showed: polyvinyl chloride (PVC) holdings stood at 117,755 lots, down 340 lots; polypropylene (PP) at 27,965 lots, up 1,108 lots; ethylene glycol (EG) at 6,226 lots, down 312 lots; polyethylene (PE) at 4,125 lots, down 120 lots; and liquefied petroleum gas (LPG) at 1,083 lots, up 993 lots compared to the previous trading day.

According to China's Ministry of Finance, the government released its fiscal policy execution report for the first half of 2026 on October 9, emphasizing efforts to stabilize employment and boost household income. The report highlighted strengthened employment assistance for vulnerable groups and improved distribution of public services such as education and healthcare in response to demographic shifts. Key measures include childcare subsidies, free preschool education, elderly care consumption

According to China's Ministry of Finance, as of the end of July, local governments across the country issued 1.73 trillion yuan in swap bonds to resolve existing implicit debt, reaching 86.7% of the 2026 annual quota of 2 trillion yuan. The issuance is part of a comprehensive debt resolution plan aimed at effectively mitigating risks from accumulated hidden debts.

According to Jin10, on October 9, China's Ministry of Finance released its fiscal policy implementation report for the first half of 2026. The report announced plans to optimize fiscal-financial coordination policies designed to stimulate domestic demand, with a focus on encouraging household consumption and unlocking private investment. The ministry will coordinate the use of ultra-long-term special treasury bonds, local government special-purpose bonds, and central budget investments, directin

According to China's Ministry of Finance, on October 9, the ministry released a report on fiscal policy implementation for the first half of 2026. The report announced continued efforts to implement a comprehensive debt reduction policy, accelerate resolution of existing hidden local government debt, and prevent fraudulent debt clearance and new hidden debt. The ministry also pledged to advance local financing platform exit and reform, while supporting smooth fiscal operations at grassroots leve

According to French Finance Minister Roland Lescure, on October 8, the government bond market is operating completely normally and France does not need any external intervention amid rising concerns over public finances and political uncertainty. Speaking at the London School of Economics, Lescure stated that current market volatility reflects a global economic adjustment rather than market dysfunction, emphasizing that policymakers must address the repricing of debt, inflation, and monetary pol

According to Guru Club, Zimbabwe's information minister Nick Mangwana confirmed on October 9 that the country plans no delay to its lithium concentrate export ban set for January 2027. Mangwana stated that domestic lithium mining enterprises have had sufficient time to prepare for the domestic processing deadline, as Zimbabwe seeks to increase value extraction from its natural resources, following the approach of other African nations.

According to on-chain analyst Ai Yi, trader @XXAntiWar opened a short position on ZEC two hours ago on October 9, holding 3,356.65 tokens with 3x leverage, worth approximately $4.11 million. The position was opened at $1,221.43 per token. Previously, the trader closed a profitable short position 14 hours ago, gaining $545,000. Across 13 ZEC trades since September, @XXAntiWar has achieved a 61.5% win rate with 8 winning and 5 losing trades, accumulating $216,000 in total profit. Of these trades,

According to Moldova's Statistical Office, the country's inflation rate reached 8.6% year-over-year in September.

According to China's Foreign Ministry spokeswoman毛宁 on October 9, CNN reports of recent discussions between Chinese and U.S. officials over mutual visits to nuclear-related facilities are "inconsistent with facts." The U.S. network had reported that both sides were exploring possible visits to nuclear labs, including U.S. Department of Energy facilities.