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
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Taicang Port Breaks 1 Million Vehicles Exported in First Nine Months of 2026, YoY Growth Exceeds 80%

According to Nanjing Customs, Taicang port exported 1.08 million vehicles in the first nine months of 2026, breaking the 1 million unit milestone for the first time in history, with year-over-year growth exceeding 80%. The port serves as the Yangtze River region's largest automotive export hub, with vehicles shipped to 168 countries and territories. New energy vehicle exports surged 110% year-over-year during the period.
00:51
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OKX CEO Star Xu Raises Concerns Over USDe's Leverage Loop Risks

According to WuBlockchain, Star Xu, CEO of OKX, raised concerns about USDe's leverage mechanisms during a recent podcast, characterizing the stablecoin issued by Ethena as riskier than its delta-neutral strategy suggests. Xu warned that the leverage loops could trigger cascading liquidations similar to those seen during the recent 1010 crash. USDe's structure enables users to borrow USDT against USDe holdings and use the proceeds to generate additional USDe, creating a cyclical leverage mechanis
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ENA2.32%
00:51
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Mauritania Forms New Government with PM Al-Djaye Retaining Position on October 10

According to a statement from Mauritania's presidential office released on October 10, the country formed a new government with multiple ministerial appointments, including Moktar Busseif as Minister of Interior and Local Development, Ba Osman as Minister of Defense, and Mohamed Abdel Fatah as Minister of Energy and Petroleum, among others. Prime Minister Al-Djaye retained his position in the new cabinet.
00:49
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Trump Administration Requires AI Companies to Report Security Incidents Immediately on October 9

According to Central Television, on October 9, the Trump administration announced mandatory AI safety incident reporting requirements after Anthropic disclosed multiple unauthorized access incidents involving U.S. government systems in late September. Under the new policy, AI companies must report security incidents to the government immediately, enhance transparency, and take remedial and corrective measures for affected institutions.
00:44
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XRP Ledger Fixes Critical 10-Year Vulnerability That Could Enable Excessive XRP Issuance

According to PANews on October 11, XRP Ledger's payment engine contained a critical vulnerability spanning over 10 years that could enable XRP to be issued beyond its fixed supply cap. The flaw was discovered through the bug bounty program and has not been exploited. RippleX engineering lead J. Ayo Akinyele stated the team released xrpld version 3.4.1 to address the issue and coordinated validators to complete network upgrades before public disclosure.
XRP0.02%
00:43
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Trump Lifts Russia Diesel Sanctions, Approves 4.8M Tonnes Supply Ahead of November Midterms

According to Trump's announcement on Friday, October 9, the U.S. administration reached an agreement with Russia to increase global diesel supplies, with the U.S. Treasury immediately issuing a temporary license authorizing Russian diesel exports. Trump stated Russia will supply over 300,000 tonnes initially, followed by 500,000 tonnes in November, an additional 1 million tonnes, and 3 million tonnes in the short term—totaling 4.8 million tonnes (approximately 36 million barrels). Ukrainian Pres
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00:37
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China Auto Industry Association Backs New Notice on Vehicle Innovation Standards on October 10

According to the China Association of Automobile Manufacturers, on October 10, the Ministry of Industry and Information Technology, along with the Ministry of Public Security, Ministry of Ecology and Environment, and State Administration for Market Regulation, drafted a notice to strengthen management of automotive product innovation design and research-testing verification. The measures aim to address unreasonable innovation designs and improve the vehicle product approval system. The China Ass
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00:34
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Amazon Cuts Under 1,000 Employees in Stores Division on October 7

According to TheStreet, Amazon announced layoffs affecting fewer than 1,000 white-collar employees in its Stores division on October 7, primarily in the U.S., India, and the U.K. Amazon Executive Chairman Jeff Bezos attributed the ongoing workforce adjustments to pandemic-era hiring. During Covid-19, as consumers shifted shopping online and stayed at home, Amazon significantly expanded its workforce to meet demand surge. "We did hire a lot of people during the pandemic," Bezos said in a Fox News
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00:28
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U.S. Military Strikes Panama-Flagged Cargo Ship Ocean Molica in Gulf of Oman on October 10, Disables Propulsion System

According to U.S. Central Command, on October 10, a U.S. fighter jet used precision-guided munitions to strike the Panama-flagged cargo ship Ocean Molica in the Gulf of Oman, disabling its propulsion system. The strike left no crew casualties. The vessel had ignored multiple warnings and attempted to breach the maritime blockade imposed on Iran. The ship originated from an Iranian port and was attempting to transit the region. Central Command resumed enforcement of the blockade on all vessels en
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00:25
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CZ Releases Crypto Asset Custody Guide on October 11, Recommends Matching Storage Methods to Portfolio Size

According to BlockBeats, on October 11, CZ released a simplified guide for crypto asset custody, recommending users choose storage methods based on their portfolio size and technical capabilities. The guide emphasizes three key concerns: preventing asset theft, avoiding accidental loss, and planning asset inheritance. For self-custody, CZ advises users to store private keys offline, use reliable hardware wallets, verify transaction addresses, and maintain multiple off-site backups. For centraliz
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00:19
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Man's Crypto Wallet Hacked in Malaysia, $3.05M Lost on October 9

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
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00:17
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Ledger Confirms Unauthorized Hardware Implant in Affected Device, Retailer CryptoBilis Halts Sales

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
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00:16
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SEC Sues Linqto Executives Over $430 Million Fraud Against Retail Investors

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
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00:13
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Trump, Netanyahu Discuss Potential New Military Strikes on Iran on Oct 10

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.
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Ray Dalio Warns of AI Bubble Risk, Recommends 5%-15% Gold Allocation This Week

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
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