Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
16:32
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BNY Explores Digital Asset Infrastructure Partnership With Kraken Parent Payward

According to two people familiar with the discussions, BNY is in talks with Kraken parent Payward over a potential partnership spanning crypto products, custody, wealth management, trading, payments and financial-market infrastructure. The discussions remain preliminary, and both companies have declined to comment. The proposed partnership would center partly on Payward Services, the group's business-to-business platform for banks, exchanges, fintechs and asset managers.
16:32
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OpenAI Safety Employee David Robinson Resigns, Criticizes Company's 'Broken' Culture

According to an essay published in The Atlantic on October 3, David Robinson, who spent 3.5 years at OpenAI leading safety reports for major product launches, resigned citing the company's "broken culture." Robinson argued that OpenAI's trial-and-error approach to product deployment guarantees periodic failures at increasingly large scales. He cited recent breaches of external systems by OpenAI agents and called for frontier AI companies to operate with nuclear-power plant-level redundancy and p
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16:31
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Long-Dormant Bitcoin Addresses Transfer 5,419 BTC Worth $457M in September

According to Bitcoin.com News, long-dormant Bitcoin addresses transferred 5,419.45 BTC worth approximately $457 million in September, spanning 94 transactions. Wallets created in 2016 accounted for 1,556.53 BTC across 13 transactions, while addresses from 2013 moved approximately 888.91 BTC in 26 transactions. An additional 57 transactions involved Bitcoin dormant for 12 to 16 years.
BTC-0.43%
16:23
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ShinyHunters Core Member Detained in Jordan This Week, Cooperating With FBI

According to three informed sources, Kadhel, a core member of the ShinyHunters hacking group, was detained in Jordan this week and is cooperating with the FBI to identify his accomplices. Kadhel is sharing details of his electronic devices and digital communications with investigators to help identify other members of the group. The leaked data, confirmed by media analysis of samples shared by ShinyHunters, contains personal identity information, sensitive position details, and psychological and
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16:10
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OpenAI Bans PewDiePie Account Twice Over GPT-5.6 Sol Model Distillation

According to ChainCatcher, PewDiePie faced two account bans from OpenAI recently while developing uncensored AI model Ajax. The YouTuber attempted to distill reasoning tokens from OpenAI's flagship GPT-5.6 Sol model (released July 9) and discovered a method to decrypt OpenAI's proprietary API outputs. Though his first appeal was successful, a second ban followed when he used Sol to generate seed data for Ajax, violating OpenAI's terms against developing competing models. Ajax is a 9-billion-para
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16:09
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OpenPayd Targets Nasdaq Listing by Year-End at $1.1B Implied Valuation, U.S. Market Entry April 2027

According to ChainCatcher, London-based payment infrastructure company OpenPayd aims to complete its merger with Titan Acquisition Corp. and debut on Nasdaq by year-end, pending SEC registration and shareholder approval, with ticker symbol OP. The transaction values OpenPayd at up to $1.1 billion implied equity. The company plans to launch U.S. customer services in April 2027 after acquiring 43 state money transmitter licenses. For the fiscal year ended April 30, 2026, OpenPayd reported revenue
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16:02
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STRK Surges 11.89% to $0.04951 in One Hour

STRK surged 11.89% in one hour, reaching $0.04951 amid broader crypto market volatility. The token climbed from a low of $0.04089 to its current peak, with 24-hour trading volume reaching $5,349,563.29 and a daily gain of approximately 11.06%.
STRK11.56%
16:02
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Polygon Hits $3 Trillion in Stablecoin Transfer Volume, 55% Within 21 Months

According to Polygon, the network has reached $3 trillion in cumulative stablecoin transfer volume, with $1.67 trillion—representing 55% of lifetime volume—moving in just the past 21 months since January 2025. The network processed $933 billion in 2025, a significant increase from $276 billion in 2024, followed by $741 billion so far in 2026. This acceleration aligns with Polygon's strategic shift toward payments infrastructure, supported by partnerships with major platforms including Revolut, M
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15:52
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FDIC Reverses 2024 Merger Framework; Fed Approves 145 M&A Applications in 2025, Up from 99

The FDIC reversed its 2024 Statement of Policy on Bank Merger Transactions, restoring an earlier framework that emphasizes quicker decisions and greater predictability for applicants, according to the agency's latest regulatory update. The previous policy had introduced additional scrutiny around competition, financial stability and community effects, particularly for larger combinations. According to Federal Reserve data, the Fed approved 145 mergers and acquisitions applications in 2025, up fr
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15:28
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AI Inference Costs Hit 99.99% Annual Decline, Cathie Wood Says 10-Year Treasury Yield at Historic Midpoint

According to Cathie Wood, CEO and Chief Investment Officer of ARK Investments, on October 3, AI inference costs have achieved a 99.99% annual decline, which will have profound implications for overall economic pricing. Speaking on the latest episode of 'In The Know,' Wood noted that the current 10-year U.S. Treasury yield is at the historic midpoint level, contrasting with the true anomaly period of the 1970s through 1990s.
15:25
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Trump Pledges $5,000 Dividend to Every U.S. Adult Citizen on October 3, Proposing $1.2 Trillion Economic Stimulus

According to BlockBeats, on October 3, Trump pledged to distribute $5,000 to each adult U.S. citizen if Republicans secure control of both the House and Senate in the midterm elections. The proposal requires all funds to be spent domestically. Based on approximately 240 million U.S. adults, the plan would cost roughly $1.2 trillion, making it one of the largest economic stimulus packages since the COVID-19 pandemic.
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15:22
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STRC's 30-Day Volatility Drops to 9%, Below SPY

According to Michael Saylor, STRC's 30-day historical volatility has dropped to 9%, now falling below that of SPY. STRC is a digital credit entity leveraging Bitcoin to create more stable investment opportunities. This volatility reduction is positioned as significant for income investors seeking lower-volatility digital assets.
BTC-0.43%
15:22
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Binance Launches Financial Intelligence Initiative on October 5 at 12:00 UTC

According to Binance's official announcement on Twitter, the exchange will launch its financial intelligence initiative on October 5, 2026, at 12:00 UTC. The initiative integrates advanced analytics into the platform to enhance user trading experience. A livestream will showcase the new features and highlight their significance for traders and investors.
15:20
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South Korea Convenes Emergency Financial Industry Meeting Tomorrow to Address AI-Driven Cyberattacks

According to Newsis, South Korea's Financial Services Commission and Financial Supervisory Service announced on October 3 that they will convene an emergency meeting tomorrow (October 4) with CEOs and executives from all financial sectors to address a surge in AI-powered cyberattacks. The meeting, chaired by FSC Chairman Lee Euk-won and attended by FSS Governor Lee Chan-jin, will include representatives from banks, investment firms, insurers, credit specialists, savings banks, and virtual asset
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15:14
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Nasdaq Rises 0.45% as Nvidia Authorizes $150B Buyback, Hits May High

Last Friday, U.S. stock indexes delivered mixed weekly results after September's nonfarm payrolls report showed job additions of only 29,000 with unemployment rising to 4.2%, boosting expectations that the Federal Reserve will hold interest rates steady at its October meeting. The Nasdaq climbed 0.45% for the week and hit an intraday all-time high, while the S&P 500 dropped 0.3% and the Dow fell 1.26%, pressured by elevated oil prices and rising bond yields. Nvidia punched through its May all-ti
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