Gate Crypto Flash News and Market Updates

According to Bloomberg, Sarah Breeden, deputy governor of the Bank of England, said at the International Monetary Fund Bangkok Annual Meetings that the UK has no urgent plans to launch a retail central bank digital currency (CBDC, or "Britcoin") given ongoing innovations in digital payments. Breeden noted that whether to proceed with retail CBDC will depend on whether equivalent benefits of tokenization and financial innovation can be achieved through alternative means.

According to President Zelenskyy, Ukraine is prepared for an energy ceasefire on October 12, though he expressed uncertainty about whether Russian President Putin would agree to the proposal.

According to PANews, on October 12, U.S. Treasury market traders are awaiting the latest CPI data and Federal Reserve Chair Walsh's remarks to assess the pace of future rate hikes. October's nonfarm payroll report showed employment growth slowing significantly, prompting traders to expect the Federal Reserve will hold rates steady at its late-October meeting, limiting bond selloff pressure. The market currently prices in a 25 basis point rate hike in December, followed by two additional hikes th

Kraken's parent company Payward received full Virtual Asset Service Provider approval from Dubai's Virtual Assets Regulatory Authority (VARA) on October 6. The license covers broker-dealer services and asset management, permitting the entity to serve retail, qualified and institutional investors. Kraken expects to launch UAE operations within the coming weeks, offering AED-denominated spot and margin trading pairs, allowing customers to deposit and withdraw directly in dirhams and avoiding dolla

According to a report by RWA Foundation and Token Terminal released over the past 30 days, tokenized stock DEX trading volume showed a clear shift across blockchains: Solana gained $2.2 billion in trading volume while Base gained $1.3 billion, whereas BNB Chain declined by $2.3 billion and Robinhood Chain fell by $2 billion. Overall, tokenized stock trading volume increased approximately $3.2 billion. Stablecoin DEX trading volume led RWA growth, increasing $12.2 billion compared to the prior 30

According to Foresight News, Polkadot Community Foundation (PCF) submitted a strategic proposal to Polkadot OpenGov today to establish binding strategic direction for DOT DAO. The proposal prioritizes user growth over ecosystem metrics and repositions competition from other smart contract platforms toward Web2 and mobile applications. The proposal plans to introduce dotStables (such as dotUSD), a permissionless stablecoin collateralized by DOT using an over-collateralization model similar to Liq

According to FinanceFeeds, B2PRIME expanded access to Tier-1 prime brokerage credit and strengthened relationships with major banks and financial institutions, supported by substantial growth in trading income and volumes. The company reported trading income of €52.8 million for 2025, up 165% year-on-year, with client trading volumes increasing more than fivefold. The expansion enables B2PRIME to serve larger institutional counterparties and support more complex trading requirements. The prime-o

CORE's price fell 10.77% in the span of just five minutes, dropping from $0.909589 to $0.811618. The asset previously reached a high of $0.94478 before the sharp decline. Trading volume during the move stood at $1,394.08, reflecting heightened market activity.

According to Foresight News, Binance Wallet has enabled exchange balance purchase functionality on Robinhood Chain, allowing users to buy tokens directly using their Binance exchange balance. Additionally, the wallet's DeFi API now supports more EVM chains.

According to Smart Finance, on October 12, Sintai Medical's (02291) wholly-owned subsidiary Shanghai Shape Memory Alloy Materials Limited received medical device registration approval from China's NMPA for MemoCarna® oxidized film single-riveted patent foramen ovale (PFO) closure device, with registration number 国械註准20263132087. The device features M+W embedded locking and single-riveted concave disc design with internal waist structure and three-layer flow barrier membrane to reduce residual sh

According to Aptos official announcement, Aptos mainnet has launched its Encrypted Mempool feature today. Users can encrypt transactions before block finalization, keeping transaction functions and input data encrypted until execution, while sender addresses and gas fees remain visible. The feature targets institutions to avoid exposing large order intent, traders to reduce MEV arbitrage risks, and AI agents to ensure transaction inputs remain private before execution.

According to Guru Club, Shanghai futures exchange oil futures contracts surged 6.8% on October 12, reaching 5,430 yuan per ton.

According to Bloomberg, OPay Digital Services Ltd., a fintech company backed by SoftBank, plans to raise approximately $500 million through a New York IPO and concurrent private placement on October 12. The funding structure includes around $200 million in private placement from Standard Bank Group, according to sources. OPay provides mobile payment and digital financial services. If the U.S. listing proceeds, it will mark another SoftBank-backed company seeking public capital markets financing.

According to Standard Chartered's official announcement, the bank launched institutional custody services for Ripple's RLUSD stablecoin on the XRP Ledger on October 12, advancing the planned integration with LMAX Group. The custody service is offered through Standard Chartered's Dubai International Financial Centre branch, regulated by the Dubai Financial Services Authority. The development builds on Ripple's $150 million financing agreement with LMAX announced in January. Under the proposed arr

According to CNBC, Microsoft released its third-generation Maia 300 AI acceleration chip today, announcing plans to make Maia the primary architecture for AI model inference and gradually reduce reliance on Nvidia GPUs. The chip will enter production in 2027, with each data center rack supporting 96 units. Microsoft projects a 7-fold increase in AI token processing per rack and 40% improvement in token processing efficiency per megawatt compared to GPUs. The company aims to deploy multi-gigawatt

According to Tom's Hardware, AMD today unveiled Helion, a reference rack-scale design supporting up to 32,768 Zen 6 cores in a CPU-only deployment with 128 EPYC 9996 processors. The standardized 21-inch rack, based on OCP's ORv4 specification, also supports a hybrid configuration with up to 16 MI350P GPUs and 102 Tbps of networking for enterprise workloads. AMD says the Helion rack will be available starting in the first half of 2027, complementing its Helios AI accelerator platform.

According to ChainCatcher, trader Killa noted on X platform that Bitcoin's short-term holder (STH) supply recently reached overheated levels, similar to conditions observed after the market exited its macro bottom in 2023. Killa suggested this pattern may indicate the formation of another market bottom, with BTC continuing to climb and maintaining uptrend momentum across higher timeframes despite similar STH supply peaks in the previous cycle.

Low-sulfur fuel oil (LU) futures main contract showed increased volatility during the overnight session on October 12, trading at 6,006 yuan per ton with a daily gain of 7.1%.

According to the White House, on October 8, six technology executives received the National Medal of Science or National Medal of Technology and Innovation during the "Science: A New Golden Age" summit hosted by President Trump. Nvidia CEO Jensen Huang, AMD CEO Su Zifeng, and Tesla CEO Elon Musk received the National Medal of Science for contributions in semiconductors, artificial intelligence, and space technology. Huang was recognized for advancing graphics processing units (GPUs) from traditi

According to the Russian Central Bank, Russia recorded a trade surplus of $11.74 billion in August.