Gate Crypto Flash News and Market Updates

According to Coinglass data cited by ChainCatcher, Ethereum's global open interest declined 5.18% in the past 24 hours to $32.151 billion as of October 9. Binance holds the largest position at $9.119 billion, followed by Bybit at $2.244 billion and Gate at $1.908 billion, while OKX accounts for $1.863 billion.

According to Foresight News, JPYC briefed the Japan Fair Trade Commission (JFTC) on September 14 regarding the cashless payment market competition and its stablecoin mechanism. Since its launch in October 2025, JPYC has been adopted by over 150 merchants across restaurants, retail stores, and agricultural e-commerce platforms. The stablecoin enables direct on-chain value transfers between users and merchants, with JPYC charging no merchant fees. Some merchants are using cost savings to offer JPY

According to Foresight News, DeFi protocol Ethervista suffered a smart contract attack on October 9, resulting in $18,600 in losses. The vulnerability stemmed from an integer overflow in the K value validation of EtherVistaPair.swap(), where two reserves stored as uint112 overflowed when multiplied, allowing the validation check to pass despite depleted actual reserves. Attackers registered a malicious contract as an authorized router and executed two transactions to extract WETH and VISTA token

According to Tasmania Police, residents lost AU$1.5 million through crypto ATM scams in the past three months after being pressured by fraudsters to deposit cash. The losses occurred despite fewer than 30 machines operating in the island state, and despite cash limits, mandatory scam warnings and enhanced customer due diligence requirements introduced by AUSTRAC. Common schemes include fake investment opportunities, romance scams, recovery fraud, bogus government payments, tech support scams and

According to Foresight News, Ethereum Foundation researcher frisitano released an EIP draft today proposing execution chain proofs designed to enable constant-time synchronization of the execution layer from weak subjectivity checkpoints. The proposal includes recursive proofs verifying all execution payloads from head to genesis beacon block, linked to the beacon chain. Newer proofs on the same branch contain earlier proofs, allowing execution layer sync to complete in constant time. Proofs pro

According to TradingBeats, cross-market trader 58bro.eth has recorded $2.29 million in profits over the past 7 days on Hyperliquid as of October 9. The trader's lifetime profit on the platform has reached $34 million with a 89% win rate. Operating through prediction market positions and two-sided limit orders to trade volatile swings, 58bro.eth previously settled six September BTC price predictions, collectively realizing approximately $1,816 in gains.

Spot gold reached $4,200 per ounce today for the first time since October 2, gaining 1.6% intraday.

According to the White House, on Thursday the Trump administration announced over $6 billion in science initiatives. The Department of Energy unveiled the Quantum Genesis Q Competition, offering up to $215 million in funding for companies developing fault-tolerant quantum computers, with milestone-based awards and incentive prizes across chemistry, materials science, and applied mathematics. Separately, 11 technology companies pledged $2.4 billion in artificial intelligence tools and computing c

Low-sulfur fuel oil (LU) futures contracts declined over 2.00% during intraday trading on October 9, now trading at 5,536 yuan per ton.

The USD/CHF exchange rate fell below 0.83 today, declining 0.20% during intraday trading.

According to the European Securities and Markets Authority, on October 8, 2026, ESMA directed national regulators to ensure crypto-asset service providers authorized under MiCA eliminate remaining client exposure to non-compliant stablecoins by January 8, 2027. The guidance extends beyond trading to custody, transfers, order execution, investment advice and portfolio management. National authorities must prevent firms from maintaining or introducing new positions in unauthorized asset-referenced

The Aptos Foundation has restructured APT token economics in October 2026 via Aptos Improvement Proposal 140 (AIP-140), committing to permanently lock and stake 210 million APT while reducing annual staking rewards from 5.19% to 2.6%. The locked tokens, representing 18% of circulating supply and 37% of the Foundation's original mainnet allocation, will remain staked indefinitely to support operating expenses but will not be sold or distributed. The overhaul also introduces a 2.1 billion APT maxi

According to Yonhapinfomax, Japanese government bond yields declined across the entire curve today (October 9). The 10-year yield fell 5.04 basis points to 3.0359%, while the 30-year yield dropped 11.77 basis points to 4.0676%. The decline was driven by strength in U.S. Treasury markets following solid demand at the U.S. 30-year bond auction on October 8, which eased global bond market rate pressures. Market expectations for delayed interest rate increases from the Bank of Japan also supported b

According to ChainCatcher, Frax, a U.S.-based stablecoin and payments company, has submitted an application to ICANN for the .frax top-level domain in 2026, marking the first TLD application from a crypto company. The application is supported by MarkMonitor, an ICANN-accredited domain registrar. If approved, .frax will function as a global internet TLD similar to .com and .org. Frax plans to integrate domain management through Frax Name Service on its Fraxtal blockchain while maintaining DNS com

According to BlockBeats, on October 9, Justin Sun stated in a podcast that he converted all his assets to cryptocurrency since 2012, driven not by profit motives but by the need for a "system upgrade." He compared the decision to purchasing iPhone on its launch, saying the reason was belief in the technology representing the future rather than earning potential. Sun argued that traditional assets like real estate and vehicles belong to the old era and cannot be "translated to machines," whereas

According to Japan's Meteorological Agency, the strongest El Niño phenomenon on record will continue through the winter season with a 100% probability.

According to Guru Club, the Research Institute of Industry and Planning under China's Academy of Information and Communications Technology (CAICT) released a research report titled "Development Research on AI Computing Infrastructure for Token Services (2026)" on October 9 at the 16th Smart City and Intelligent Economy Expo. The report addresses five key dimensions: market characteristics, policy guidance, regional layout, technical breakthroughs, and industrial ecosystem development for token-o

According to CME data, on October 8, gold trading volume declined to 165,568 contracts while open interest increased to 399,143 contracts. In contrast, silver trading volume and open interest both rose to 56,558 and 107,939 contracts respectively, while copper climbed to 68,411 and 306,738 contracts. WTI crude oil saw the strongest activity, with volume reaching 1,228,579 contracts and open interest at 1,904,616 contracts.

According to Jin10, spot platinum rose 3% to $1,678.15 per ounce today (October 9).

According to Japan Meteorological Agency, sea surface temperature anomaly in El Niño monitoring zone reached +4.0°C in September, marking the highest level on record.