Gate Crypto Flash News and Market Updates

According to Bernama, a man in Malaysia's Perak state discovered his crypto wallet was compromised on the afternoon of October 9, with approximately 12.47 million ringgit (about $3.05 million) transferred without authorization. The Perak police chief stated that transactions were conducted through the blockchain network. Authorities are collaborating with the Commercial Crime Investigation Department's cryptocurrency division to trace the fund flow and investigate those responsible. The case is

According to Ledger Support on October 11, the company confirmed that an affected user's device contained an unauthorized hardware implant. Ledger is contacting impacted users, investigating the matter, and cooperating with law enforcement. Retailer CryptoBilis has suspended all hardware wallet inventory sales pending the investigation's completion. Ledger stated no evidence of compromise to its security infrastructure or systems. Users who purchased from CryptoBilis are advised not to initializ

According to the SEC, the U.S. Securities and Exchange Commission sued Linqto executives William Sarris and Joseph Endoso on October 9 for allegedly defrauding retail investors of over $430 million through the sale of pre-IPO unicorn company stakes on the company's online platform between 2021 and 2024. The SEC alleged the defendants misrepresented pricing as below-market value when prices were actually above fair value, falsely claimed stock had sold out, claimed pricing was algorithmically det

According to Israel's Channel 13 on October 10, U.S. President Trump and Israeli Prime Minister Netanyahu held frequent urgent communications regarding possible joint military strikes on Iran, according to multiple Israeli security officials. The officials said no final decision has been made. Netanyahu has no intention of taking military action before Israel's parliamentary elections scheduled for late October, the report stated.

According to MarketWatch, Bridgewater founder Ray Dalio warned recently that the artificial intelligence market has formed a bubble at risk of bursting. Speaking at Forbes' global CEO conference this week, he cautioned investors about debt risks tied to AI investments amid rising interest rates. Dalio, who accurately predicted the 2008 financial crisis, recommended allocating 5% to 15% of portfolios to gold as a hedge. He also expressed skepticism about large-cap tech and AI stocks, describing t

FRONT's price dropped 29.03% in just 30 minutes, with the token currently trading at $0.011207. The sharp decline follows a 24-hour gain of 14.86%, reflecting the asset's volatile nature. Trading volume remains notably low at $16.75 against a market cap of $1,008,719, suggesting limited liquidity that can exacerbate price swings. The 24-hour range spanned from $0.01581 (high) to $0.009886 (low).

According to Saudi Arabia's civil aviation authority, King Khalid International Airport in Riyadh was attacked on October 11, resulting in 12 deaths and 309 injuries.

According to ChainCatcher, citing on-chain analyst Yuechen, POAP founder @worthalter transferred 4,000 ETH (worth $10.02 million) to Gemini 6 hours ago. Over the past 6 days, he has reduced holdings by a total of 8,000 ETH at an average price of $2,601 per coin. He currently holds 51,468 ETH, valued at approximately $129 million.

According to U.S. Secretary of State Rubio, on the evening of October 10, the United States strongly condemns recent attacks on Saudi Arabia. Rubio confirmed that American citizens were killed in the attack on King Khalid International Airport in Riyadh.

According to trading depth platform Liquid247.xyz, Coinbase spot BTC market today placed a buy order of approximately 64.37 BTC worth $5.31 million at $82,581, representing a 0.40% pullback from the mid-price of around $82,911. The exchange's near-term order book shows total buy-side depth of approximately $23.73 million against sell-side depth of $21.52 million, with the buy side outweighing the sell side by roughly $2.2 million, accounting for 4.88% of total depth.

On October 9, U.S. President Trump announced that Russia will supply diesel fuel to global markets. Critics and commentators quickly pointed out the new policy contradicts previous U.S. efforts to restrict Russian oil sales. The move conflicts with the recently enacted Lindsay O. Graham Counteracting Russian and Iranian Sanctions Act of 2026, which Trump signed three weeks ago, authorizing him to impose tariffs of up to 100% on major purchasers of Russian crude oil or natural gas.

According to BlockBeats, on October 11, 2025, Bitcoin fell 12% overnight amid a historic liquidation event. The largest single-minute decline saw BTC drop over 4% and nearly $5,000 in roughly 60 seconds at 5:19 a.m., hitting a low of $102,000. The crypto market recorded $19.156 billion in liquidations across a 24-hour period, affecting over 1.6 million traders—both figures marking a 10-year record for derivatives trading. Former President Trump announced trade war escalation on the same day.

According to the Wall Street Journal, a severe AI computing shortage is reshaping Silicon Valley's competitive landscape this year, with rivals establishing unexpected alliances to secure computational resources. In March, Anthropic co-founder Tom Brown met with Elon Musk's xAI to negotiate chip access, resulting in Anthropic securing over 300 megawatts of computing power from SpaceX, with potential contract value reaching up to $45 billion over coming years. Chip rental costs have surged signif

According to Financial Times, Nvidia is in early-stage talks to acquire U.S. AI startup Reflection AI or significantly increase its investment as of October 11. The negotiations could take multiple forms, including hiring Reflection's employees and acquiring technology licenses without a full acquisition, or through further equity investment and chip supply agreements. Nvidia is already one of Reflection's largest shareholders. The two companies may reach an agreement within weeks, according to

According to Guru Club, Microsoft CEO Satya Nadella called for companies to treat powerful AI models as potential internal threats and implement emergency brake mechanisms on October 11. Nadella stated on social media that enterprises should assume models have been compromised and impose restrictions from the outset, ensuring authorized personnel can pause or shut down models during execution. He also recommended companies not rely on a single model for critical decisions, maintain immutable rec

According to U.S. Department of Energy, the agency approved an emergency oil swap arrangement on October 11 to release up to 4 million barrels from the Strategic Petroleum Reserve (SPR) in response to severe weather disruptions in the Gulf of Mexico region. ExxonMobil and BP America have been authorized to each withdraw up to 2 million barrels under the swap arrangement. Under the agreement terms, participating companies are required to return the borrowed crude oil in 2027 along with an additio

According to DefiLlama, the platform recently launched its Papertrade feature and has already recorded $100M in inflows, indicating strong initial interest from traders in the simulated trading tool.

According to financial sources, Vietnam Investment Development Bank (BIDV) is seeking to sell an 11% stake valued at approximately 1.5 trillion won by next year as it scouts for investors. This follows a 3% stake sale in March. BIDV is accelerating capital strengthening efforts, having approved a 1.5 trillion won paid-in capital increase at its April shareholder meeting. Hana Bank, South Korea's second-largest shareholder in BIDV with a 14.21% stake, is considering whether to participate in the

According to Citigroup, U.S. Treasury Secretary Scott Bessent may reduce long-term government bond auctions and potentially cancel 20-year maturity issuance next month. The bank's U.S. rates strategy head Jason Williams said the baseline expectation is to cut 30-year and 20-year bond sales by $3 billion per auction, with proceeds shifting to Treasury bills. The Treasury is expected to announce the plan at its quarterly refunding announcement on November 4.

Roche announced at the 2026 American Academy of Ophthalmology (AAO) annual meeting the latest one-year Phase III study data for vamikibart, a treatment for uveitic macular edema (UME). At week 52, vamikibart demonstrated sustained improvements in vision and reduction in macular thickness. UME is a serious eye disease that can lead to vision loss.