Gate Crypto Flash News and Market Updates

According to Jin10, on October 11, President Trump said the U.S. will assess whether Saudi Arabia's latest attack changes his administration's military plans regarding Iran. Trump previously stated he would not launch strikes against Iran before the midterm elections. When asked if the recent Saudi assault altered this decision, Trump responded: "We'll assess it."

The Commodity Futures Trading Commission issued two measures Friday to clarify its regulatory authority over prediction markets. A proposed rule expands the definition of "swap" to include event contracts tied to sports, politics, cultural events and weather. An interim final rule, effective immediately, excludes casino-style gambling products like sportsbooks and casino games from the swap definition. Chairman Michael Selig stated that event contracts are "commodity derivatives squarely within

According to The Block, U.S. spot Ethereum ETFs saw net outflows of $542.1 million last week, marking the worst-performing week since January with nine consecutive days of outflows. Solana ETF experienced net outflows of $24.8 million during the same period, ending a 14-week consecutive inflow streak and recording its largest single-week outflow since launch.

According to Marketwatch, Bank of America Chief Equity Strategist Michael Hartnett warned that if Democrats sweep both chambers of Congress in next month's midterm elections, U.S. stocks could face a correction exceeding 10%, while the U.S. dollar and Treasury yields may decline in tandem. Prediction market data cited in the report shows the probability of a Democratic sweep has risen to 64%, up from below 50% one month ago.

According to Jin10 Data, on October 11, U.S. President Trump said the U.S. may participate in Saudi Arabia's military action against Houthi forces. When asked whether he had decided to join the strikes, Trump responded: "We may participate. We are assessing the situation. We just learned about recent attacks. We will make a decision. Our actions move very quickly."

According to President Zelensky, Russia conducted continuous strikes on multiple Ukrainian cities throughout October 10, using aerial bombs, Shahed unmanned drones, and ballistic missiles. Zelensky briefed UK Prime Minister Burnham on the attacks during a phone call.

According to Saudi Arabia's General Authority of Civil Aviation, King Khalid International Airport in Riyadh was attacked on October 10 afternoon, injuring multiple people. Authorities have temporarily suspended airport operations to assess damages and inspect facility safety in response to recent ongoing attacks on Saudi civil aviation infrastructure. The casualty count remains under review, and further updates will be announced.

U.S. President Donald Trump said he would examine the situation regarding Iran and related attacks. The remarks came as a response to recent developments involving Iran.

U.S. President Donald Trump on October 10 suggested Ukraine should appoint new leadership to facilitate the achievement of a peace agreement. According to Trump's statement, now is the time for Ukraine to make this leadership change.

U.S. President Donald Trump said recently that Ukrainian President Volodymyr Zelensky can take any action he chooses, but should avoid striking oil refineries and ideally stop immediately. Trump's remarks reflect ongoing U.S. engagement in Ukraine's military strategy amid the ongoing conflict.

According to The Verge, Ledger crypto wallets were compromised in a supply chain attack on October 10, resulting in over $86 million in cryptocurrency stolen from hundreds of users. A spy implant allegedly placed beneath the device screen intercepts seed passphrases during initial setup and sends data back to attackers via an embedded SIM card. The attack primarily targeted users in Southeast Asia through reseller CryptoBillis, which Ledger asked to pause all sales while investigating. Ledger co

According to Russian sources on October 10, U.S. negotiators Vithakul and Kushner, who are leading efforts to broker a peace agreement on Ukraine, may visit Moscow within the next two weeks.

Meanwhile, a Bermuda-licensed life insurance company backed by Sam Altman, raised $37.5 million Thursday from existing investors led by Bain Capital Crypto, according to the company. The funding brings Meanwhile's total raised to over $180 million. The company bills itself as the first life insurer licensed to operate entirely on Bitcoin, with its balance sheet, reserves, and policyholder Bitcoin all denominated in the cryptocurrency. The raise follows record demand driven by Meanwhile's BTC Lif

According to Bloomberg, Ting-Wei Sun, a third-party broker in the Super Micro smuggling case, pleaded guilty on October 9 to conspiracy charges involving the illegal diversion of Nvidia AI chips to China. Sun's plea came as part of an agreement with prosecutors, though details of any cooperation arrangement remain undisclosed. He is expected to be sentenced on September 8, 2027. The case centers on the unlawful export of Super Micro servers containing restricted Nvidia hardware to China since 20

According to BlockBeats, on October 10, Multicoin Capital co-founder Kyle Samani announced on X that his largest personal angel investment has been directed to Backpack.

According to Financial Times, SoftBank founder Masayoshi Son is seeking up to $100 billion from Gulf investors in recent weeks to establish a fund that would acquire established companies and improve their operations using artificial intelligence and robotics. Unlike SoftBank's previous investment vehicles that primarily financed technology startups, the proposed fund would purchase existing businesses and introduce AI and advanced technologies to enhance their value. Son has reportedly approach

According to Guru Club, on October 10, Kuipuol, vice chair of the U.S. Superintelligence Task Group, stated that AI model providers must bear safety-related responsibilities. He opposed slowing down or pausing artificial intelligence development, calling such measures "the worst possible approach."

According to Guru Club, New York crude oil fell below $91 on October 10, declining more than 0.8% intraday.

According to CoinGlass data, the cryptocurrency market saw $82.58 million in contract liquidations in the past 24 hours as of October 10, with long positions liquidated for $38.32 million and short positions for $44.26 million. Bitcoin accounted for $7.10 million in liquidations, while Ethereum saw $7.37 million liquidated. The largest single liquidation occurred on HYPERLIQUID-XYZ:INTC-USD with a value of $3.79 million.

According to security researcher @cyberscrilla, a fake Ledger website appeared atop Google search results on October 10, designed to trick users into disclosing their 24-word recovery phrases. Google data showed the site received over 1 million visits in the past 30 days. Meanwhile, cybersecurity firm Zscaler previously discovered malicious Google ads impersonating Ledger and redirecting users to fake wallet verification pages. Ledger is investigating a suspected wallet theft involving Southeast