Gate Crypto Flash News and Market Updates

On Monday (Oct 12), Meta released Muse Wonder and Muse Wonder Full, its first frontier models, according to Meta's Superintelligence Lab. The models achieve benchmark scores comparable to GPT-6 Astra and Fable 5.1. Through the Meta Model API, Wonder costs $4 per million input tokens and $20 per million output tokens, pricing comparable to GPT-6 Sol and Opus 5.5. Wonder Full will only be available to Muse Code subscribers and will not be served through the API. Both models will power the Muse age

Ireland's approximately 300,000 public sector workers, including teachers, healthcare staff, and civil servants, are set to hold a one-day strike on October 12 after unions rejected the government's latest proposal to avert the work stoppage. This marks the first major public sector strike since 2009, when Ireland faced its worst financial crisis. The strike stems from a stalemate between unions and the government over the basis for starting public sector pay negotiations. Unions have insisted w

According to Redfin Corp.'s seasonally adjusted data, U.S. existing home sales fell 4% month-over-month in September, reaching the lowest level since 2014 and only exceeding March 2020 pandemic lows. Mortgage rates above 7% have cooled demand, with home inventory climbing to its highest level since March 2020. Daryl Fairweather, Redfin's chief economist, stated: "The real estate industry's sentiment has shifted significantly. As rates rise, fewer people can afford homes, driving sales down."

According to Jin10, Qatar Airways announced on Oct 12 (local time) the temporary suspension of flights to and from Riyadh and Dammam in Saudi Arabia. The airline did not specify the duration of the suspension and stated it is coordinating with relevant authorities while monitoring developments in the Saudi Arabian situation.

According to Kyiv Mayor Vitali Klitschko, the Ukrainian capital came under attack on October 12, resulting in 1 death and 11 injuries. Details of the incident remain under investigation.

According to Kyiv Mayor Klitschko, Ukraine's capital Kyiv came under attack on October 12, leaving 1 dead and 11 injured. Further details about the attack are still being verified.

According to FinanceFeeds, BitMine Immersion Technologies added 12,532 ETH during the past week, bringing its total holdings to 6,028,946 ETH as of October 11, 2026. At the company's reference price of $2,544 per token, the position is worth approximately $15.3 billion and now represents 4.9% of Ethereum's 122.1 million-token supply. BitMine needs approximately 76,000 additional tokens to reach its stated 5% target, the company announced. Chairman Tom Lee said at TOKEN2049 last week that BitMine

First Tracks Biotherapeutics announced that ANB033 demonstrated statistically significant and clinically meaningful protective effects against gluten-induced intestinal damage and symptoms in a celiac disease trial. The ANB033 group showed a change in villous height-to-crypt depth ratio of -0.17 versus -0.66 for placebo, with a placebo-adjusted difference of +0.49 (p=0.009). Intraepithelial lymphocyte density decreased by -1.20 in the ANB033 group compared to an increase of +18.83 in placebo, wi

According to reports on X, Pando launched Hong Kong's second Solana ETF recently, as U.S.-based Solana ETF funds recorded $24.8 million in outflows. The launch reflects growing institutional interest in crypto investments outside the United States, with Hong Kong becoming an increasingly favorable jurisdiction for digital asset financial products.

According to a recent tweet from Grayscale, NEAR Protocol is positioning itself to develop cross-chain infrastructure specifically for agentic commerce, integrating artificial intelligence with blockchain technology. The tweet, highlighting NEAR's role in this emerging space, garnered 160 likes and 17 retweets, indicating strong engagement within the crypto community.

According to Jin10 Data, at least 10 very large crude carriers (VLCCs) and several Suezmax tankers have diverted from the United Arab Emirates' Fujairah port on October 13, based on ship-tracking data, as attack risks near the Strait of Hormuz intensify. Fujairah serves as a critical transshipment hub for Persian Gulf oil exports. The diversion of large tankers may disrupt typical transfer operations, increasing pressure on crude oil transportation routes amid recurring attack incidents in the S

According to Edaily, on October 12, South Korea's Jeonbuk Bank, a subsidiary of JB Financial Group, launched the country's first bank-issued won loans backed by Bitcoin collateral. The service is restricted to corporate borrowers seeking operating funds, with Bitcoin as the only accepted digital asset at launch. Customers pledge Bitcoin held by a regulated digital asset custodian under South Korea's Virtual Asset User Protection Act; the bank does not take direct ownership of pledged assets. Jeo

According to Virtuals Protocol's announcement on October 12, the platform launched Butler, an automated scalping tool that allows traders to describe their desired strategies without needing coding skills. The feature aims to simplify trading for users and expand accessibility in the crypto market.

According to BlockBeats, Robinhood CEO Vlad Tenev announced on October 13 that the Robinhood chain is a top priority for the company. "We never left, and early builders matter to us," Tenev said on X platform. "There will be more to share soon." Tenev added that the company is investing to attract the best builders to the chain. "If you are building something great, we want to hear your ideas. More details coming soon," he stated.

According to Microsoft CEO Satya Nadella, the company announced on Monday plans to scale its Maia AI chip systems to multi-gigawatt deployments beginning in 2027, marking what he called the company's "biggest bet yet on our own silicon." The next-generation Maia 300 is expected to deliver 40% more AI-generated tokens per megawatt compared to leading GPU-based systems. A system containing 96 Maia 300 chips could deliver up to seven times the processing output of Maia 200, which already powers Mic

According to Jin10, OPEC+ ministers held a meeting in Riyadh on October 12, warning that disruptions to energy shipments have pushed maritime insurance costs to record levels, exceeding one-third of commodity values. The ministers said high transportation costs would cascade through the oil supply chain, increasing costs for both producers and consumers while adding inflationary pressure to the global economy.

According to Starknet's official statement on X, the network supports upgrading cryptographic schemes without changing user addresses, eliminating the need to migrate funds—what the platform calls "cryptographic agility" to address quantum risks. Starknet said it has compared the quantum safety preparedness of 10 other networks.

According to Cointelegraph, publicly traded Bitcoin miners require approximately $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms, and HIVE Digital facing funding gaps of $21.1 billion, $7.2 billion, and $4.6 billion, respectively. IREN secured $3.65 billion in GPU financing in June at 6% interest, followed by an additional $2.4 billion fixed-rate loan in August at 9% interest. Mining companies have shifted capital focus toward AI and high-performance computi

According to a spokesperson for Ahold Delhaize, the company sees no reason to link cyberattacks affecting supermarkets in France and the Netherlands. Hackers remotely increased refrigerator temperatures to 50 degrees Celsius (122°F) at a French supermarket chain overnight, triggering fires and food losses across hundreds of stores. Ahold Delhaize, which operates Albert Heijn, the largest supermarket chain in the Netherlands, previously disclosed it faced security issues and had taken multiple sy

According to Counterpoint Research, global smartphone shipments fell 20% year-over-year in the third quarter, marking the lowest Q3 performance since 2012. Memory chip cost surges and supply shortages pressured manufacturers to raise retail prices and cut shipments, prioritizing profitability over sales volume.