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
10:32
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Coldcard Investigates Phishing Link Appeared on Official X Account on Sunday

According to Coldcard, a phishing link appeared on its official X account on Sunday (October 5), which has since been deleted. The Bitcoin hardware wallet said it was investigating how the post was published from its account, which has used offline two-factor authentication and tightly restricted access since 2017. Coldcard contacted X and is reviewing all account access, advising users not to interact with the link and confirming its only official website is https://coldcard.com.
BTC0.24%
10:30
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Polymarket Prediction for BTC to Fall to 80K in October Hits 63%, Up 13% This Week

According to PPP prediction market tool, a Polymarket prediction betting on Bitcoin falling to 80,000 USDT in October's remaining time reached 63% probability this week, up 13% over the past seven days. The market uses Binance BTC/USDT as the settlement reference, resolving to 'Yes' if any 1-minute candlestick reaches 80K during October.
BTC0.24%
10:22
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Ledger Attack: $7.45M in ETH Transferred to Tornado Cash on Oct 9-10

According to blockchain detective Specter, an attacker associated with the Ledger hardware wallet supply chain incident transferred 2,990.3 ETH, worth approximately $7.45 million, to Tornado Cash on October 9-10. The attacker previously dispersed funds across 14 addresses, then cross-chained the assets to the ZEC network via NEAR Intents for further privacy protection. Researchers traced the fund flows through address associations in withdrawal transactions, including reused wallet addresses and
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ETH0.30%
NEAR-0.29%
10:21
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China Announces National Blockchain Network Development Plan on October 10

According to Xinhua News Agency on October 10, China's Central Committee and State Council released an opinion on developing new quality productive forces, proposing the construction of a national blockchain network and nationwide integrated computing power grid to promote deep integration of the physical and digital economies. The opinion also calls for establishing a sound data elements market system with improved data property rights, transaction mechanisms, benefit distribution, and protecti
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10:19
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Pakistan Condemns Houthi Attack on Saudi Airport in Riyadh on October 11

Pakistan's Ministry of Foreign Affairs issued a statement on October 11, strongly condemning the latest Houthi attack on King Khalid International Airport in Riyadh, Saudi Arabia. According to the statement, the attack violates international law and poses a serious threat to regional peace and security. Pakistan reaffirmed its commitment to safeguarding Saudi sovereignty, territorial integrity, and security stability, citing recent decisions by the Makkah Consensus Defense Treaty's strategic and
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10:08
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Microsoft CEO Nadella Calls for External Controls on Super Intelligence Systems, Rejects AI 'Black Box' Model

According to PANews, Microsoft CEO Satya Nadella stated on October 11 that the industry must build a new AI trust architecture as super intelligence systems rapidly advance, moving away from relying on opaque AI models and shifting responsibility away from model providers alone. Nadella outlined six core governance principles for super intelligence systems: model diversity to avoid single-point dependencies; comprehensive observability with immutable, human-readable logs for all critical AI beha
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10:02
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Elon Musk Pitches Starlink as Affordable Internet Option for India, Ahead of Jio's $106B IPO

According to Musk's posts on X, Elon Musk recently pitched Starlink as an affordable satellite internet alternative for India, arguing it would benefit consumers by offering competition to Reliance Jio ahead of Jio Platforms' planned initial public offering targeting a $106 billion valuation. Musk emphasized that Starlink would need to keep pricing competitive in India, where internet data is already among the world's cheapest, and highlighted the service's potential to reach underserved rural a
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10:02
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Bitcoin Kimchi Premium Averages 1.31% Across South Korea's Major Exchanges on October 11

As of October 11, 6:30 p.m. KST, Bitcoin Kimchi premium across South Korea's four major exchanges (Upbit, Bithumb, Coinone, DigitalEx) versus Binance averaged 1.31%, according to Digital Asset data. Ethereum showed a higher premium of 1.35%, while XRP and USDT (Tether) each posted premiums of 1.31% and 1.32% respectively, indicating consistent positive spreads across major digital assets on Korean exchanges.
BTC0.24%
ETH0.30%
XRP-0.84%
10:02
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Paxos Launches USDG Stablecoin on Arbitrum, Hits $30M Market Cap

According to Arbitrum, Paxos launched USDG stablecoin on Arbitrum, reaching over $30 million market cap shortly after launch. The stablecoin is now integrated into the Global Dollar Network alongside partners including Robinhood and Kraken, positioning it to enhance liquidity and user engagement within the DeFi ecosystem on Arbitrum.
10:01
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Analyst Darkfost Identifies 23 High-Risk Ledger Resellers Following CryptoBilis Security Breach

According to Odaily, crypto analyst Darkfost disclosed a list of 23 potentially compromised Ledger resellers today, including vendors on Lazada, following the security breach at Ledger retailer CryptoBilis. Ledger has confirmed a connection to the CryptoBilis incident but has not yet determined whether it was the only affected reseller. Darkfost noted the identified merchants share geographic proximity, raising concerns about potential simultaneous supply chain compromise, though he emphasized t
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10:01
0

USELESS Trading Volume Approaches DOGE on Major Exchanges, but Market Cap Lags by 72x

According to Bonk Guy on X, USELESS has reached trading volumes approaching or exceeding DOGE across multiple major platforms: on Coinbase, USELESS volume exceeded DOGE; on European exchange Bitvavo, it reached nearly 3 times DOGE's volume; and on Kraken, volumes are comparable. However, USELESS currently holds a market cap of approximately $186 million, compared to DOGE's $13.4 billion—a roughly 72-fold difference. Bonk Guy noted that among meme coins, only USELESS and DOGE appear in the top 50
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USELESS6.68%
DOGE-0.71%
10:00
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Ethereum Account Bets $43,000 on 100 Thieves to Beat NRG at 57.7 cents, VCT Champions 2026 on October 11

According to PPP prediction market tool, on October 11, an Ethereum account (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $43,000 worth of prediction shares betting on 100 Thieves to defeat NRG in the VCT Champions 2026 matchup. The account bought 74,553.4 shares at an average price of 57.7 cents per share. The match begins at 5:00 PM UTC on October 11 in a best-of-three format.
ETH0.30%
09:56
0

IREN Completes NVIDIA-Certified Hypervisor Validation Amid SemiAnalysis Infrastructure Concerns

According to IREN's X post on Saturday, Mirantis has completed NVIDIA-Certified Hypervisor validation for its k0rdent AI virtualization stack on Arm-based NVIDIA GB200 systems. The company said the validation demonstrates that virtualized environments can deliver near bare-metal performance while maintaining customer separation. The announcement comes as SemiAnalysis last week questioned IREN's infrastructure claims, citing operational issues at British Columbia sites. Meanwhile, IREN's AI cloud
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BTC0.24%
09:42
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Ledger Supply Chain Risks Expand as Over 20 Retailers Flagged for Potential Compromise

According to crypto analyst Darkfost, on October 11, Ledger's supply chain risks have expanded significantly, with over 20 retailers potentially affected by hardware wallet security vulnerabilities. Following the disclosure of unauthorized hardware implants in devices purchased through Ledger reseller CryptoBilis, community discussions revealed additional retailers on platforms including Lazada that may pose similar risks. Ledger has confirmed hardware tampering in at least one user's device and
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09:32
0

Solana Positioned as Financial API, Says Backpack CEO

Armani Ferrante, CEO of Backpack, recently stated that Solana should function as a financial API and aggregation layer for the entire economy, rather than serving as a single exchange. According to Ferrante's comments shared on social media, Solana's network effects could attract developers and projects to build on the platform, enhancing its utility beyond cryptocurrency transactions. The vision underscores Solana's ambition to reshape financial infrastructure by unifying various digital assets
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SOL-0.02%
09:31
0

S&P 500 Q3 Earnings Growth Extends to 45%, Non-Tech Sectors Drive Expansion

According to China Securities (CITIC), LSEG consensus data shows S&P 500 Q3 earnings growth is expected to reach 45.0% year-over-year as of October 9, with revenue growth at 11.2%. Outside the "Magnificent 8" tech giants, the remaining 492 S&P 500 constituents are forecast to post 50.0% earnings growth, significantly up from 32.9% in Q2. Energy, information technology, materials, and healthcare sectors all expect earnings growth exceeding 50%, signaling that high earnings expansion is no longer
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09:30
0

Hyperliquid ETH Trading Volume Surpasses BTC at $1.1B in 24 Hours

In the past 24 hours, Hyperliquid's ETH trading volume reached approximately $1.1 billion, surpassing BTC, according to Hyperliquid News. The spike may be linked to recent activity on PaperTrade, where community member boblob disclosed that two wallets allegedly exploited the platform's pricing mechanism through approximately $20 million in trades, causing ETH price fluctuations of 10-20 basis points on Hyperliquid and establishing multi-million-dollar long positions on PaperTrade.
ETH0.30%
BTC0.24%
09:29
0

Polish PM Tusk Holds Meeting on Campus Safety, Cites Recent Wave of School Violence on October 11

According to CCTV News, on October 11, Polish Prime Minister Donald Tusk held a meeting with government officials to address campus safety following a series of violent incidents in Polish schools. Tusk stated there is no evidence the incidents were orchestrated by an organized, large-scale group, though online activity may influence youth behavior. He emphasized that resolving the issue requires a coordinated response from police, government departments, teachers, and parents, rather than relyi
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