Gate Crypto Flash News and Market Updates

According to PANews, on October 18, Ledger CEO Pascal Gauthier responded to Mt. Gox former CEO Mark Karpelès' criticism over hardware security risks and disclosure practices. Gauthier acknowledged the challenges in security work but challenged Karpelès to base claims on known facts rather than speculation, stating: "You're not a white knight, be realistic." Karpelès had previously accused Ledger of inadequate disclosure, claiming that timelier and more effective communication could have prevente

According to Thai media Khaosod English, Thai police arrested a 37-year-old Chinese man on Saturday for alleged involvement in an international crime network handling over $75 million in transactions. Investigators said the suspect operated cryptocurrency and foreign-currency exchanges across more than 133 accounts for criminal groups. The man also allegedly arranged visas for members of international crime organizations. Police apprehended him in a luxury Bangkok house after he attempted to eva

According to Jin10, on October 18, Iran's Foreign Minister stated that the plan to reopen the Strait of Hormuz within seven days remains effective. If the United States complies with Iran's conditions, the strait could be reopened within six days, with negotiations resuming on the seventh day.

According to PRNewswire, Hyperscale Data announced today that it has completed the tokenization of 5,000 fine troy ounces of physical silver through its subsidiary Ault Global Commodities, with tokens now live on the Ault Markets platform and expected to begin trading within weeks. The company also disclosed that AI technology subsidiary askROI is preparing for an independent listing via reverse takeover (RTO), initial public offering (IPO), or special purpose acquisition company (SPAC), targeti

According to Korean media reports, Samsung Electronics decided on October 18 to produce NVHBM base chips using TSMC's 3-nanometer process at Nvidia's request. Samsung is also verifying whether it can manufacture base chips in-house if NVHBM demand exceeds TSMC's production capacity, according to Citrini analyst Jukan.

According to the U.S. Treasury Department on Friday, foreign holdings of U.S. Treasury securities rose to $9.33 trillion in August, up $83 billion from July. Japan, the largest holder, reduced its position by $36 billion to $1.1 trillion. China's holdings fell $27 billion to $591 billion, marking an 18-year low. Canada increased its holdings by $38 billion to $465 billion, while Belgium added nearly $20 billion to $491 billion. The United Kingdom, the second-largest holder, surpassed $1 trillion

According to RootData, a web3 asset data platform, ChainOpera (COAI) will unlock approximately 8.32 million tokens worth approximately $2.15 million at 00:00 UTC+8 on October 25, according to token unlock data.

According to Arkham, a whale purchased 7.6 million WLD tokens over the past 14 days at an average price of $0.57 per token, worth approximately $4.32 million. The position has accrued an unrealized loss exceeding $780,000 and is approaching $1 million in losses.

According to Coin Bureau, Leopold Aschenbrenner's fund Situational Awareness saw its seven core AI stock positions average down 18.3% since September 8, just weeks after buying options worth hundreds of millions in early September. CoreWeave led losses with a 37.4% decline, followed by SK Hynix down 25.8%, SanDisk down 23.8%, and DRAM down 22.9%. Bloom Energy fell 18.1% and Intel dropped 9.4%, while AMD gained 9.1% against the trend.

Hyperliquid announced adjustments to its write priority fees mechanism, with changes now live on testnet. The new rules primarily affect latency-sensitive traders and include limiting mempool priority to Standard abstraction accounts, demoting HyperCore operations that occur before confirmation, and downgrading users who previously sent CoreWriter operations directly. Additionally, traders using Immediate-or-Cancel (IOC) and All-or-None (ALO) orders must hold at least 10 HYPE in delegatable bala

According to Jin10 Data, Yemen's Houthi forces released footage on October 18 morning showing them striking down a Saudi AH-6i helicopter near the Saudi-Yemeni border in Najran Province. The Saudi-led coalition spokesman Turki al-Maliki stated on social media that the helicopter crashed due to technical failure, resulting in the deaths of two crew members.

According to Chinese Customs data released on October 18, China's refined oil exports rose 39.4% year-over-year in September, with output reaching 7.16 million tons and growing 19% month-over-month. The increase reflects tightening global supplies due to conflicts in the Middle East and disruptions to Russian and Iranian production. Combined exports of gasoline, diesel, and jet fuel totaled 4.41 million tons in September, up 56% year-over-year.

According to CEO Sam Altman, on October 18, OpenAI is developing humanoid robots with artificial intelligence systems as the core technological focus. The company expects to showcase an impressive prototype in 2027, though commercial deployment will require several more years. Current-stage samples remain distant from a production-ready product, with specific prototype details, robot design, and public testing timelines yet to be disclosed.

According to Beijing News, Chinese actress Wu Yue called out AI deepfakes on October 18 after discovering videos impersonating her to endorse skincare products. The fake content, attributed to an account named "Hua Jie," falsely claimed Wu Yue was recommending products to reward loyal fans. The account also featured deepfakes of athlete Deng Yaping in similar endorsement schemes. The account has since been permanently banned, with content marked as containing AI-generated material.

According to Bank of America report on October 16, India's wholesale price inflation surged to 11.4% year-over-year in September, marking a 49-month high, with price pressures broadening from food to other sectors. Consumer price inflation rose to 5.5%, a 23-month peak primarily driven by food prices, while core inflation (excluding precious metals) increased to 3.3%, indicating pressure is spreading beyond food. The bank expects India's central bank will cumulatively raise rates by 75 basis poi

According to CryptoTwitter commentator @WuBlockchain, nine U.S. companies including Verizon, Broadcom, Cerebras, and UnitedHealth formally objected to tokenized trading of their shares on OKXICE on October 15. The objections are documented in a public notice and prevent the companies' shares from being traded on the platform, which had aimed to pioneer 24/7 tokenized U.S. equity trading through a permissioned Uniswap v4 AMM. OKXICE has recorded no trading volume to date.

According to Snapshot, Starknet's research proposal on continuing its transition to Layer 1 has received over 345 million votes in support, representing 99.95% of voting power, while opposition votes total approximately 157,700, or 0.05%. The voting will conclude on October 22.

According to ChainCatcher, citing Coinglass data, the crypto market saw $317 million in liquidations over the past 24 hours, with long positions accounting for $251 million and short positions $66.1 million. Breakdown by major assets: Bitcoin long liquidations reached $17.1 million and short liquidations $11.6 million, while Ethereum long liquidations totaled $63 million and short liquidations $8.7 million.

According to Guru Club, on October 18, India's government ordered state-run fuel retailers to stop purchasing ethanol made from sugar and sugarcane, effective November 1. The ban aims to ease supply pressures amid drought-driven sugarcane shortages and soaring global sugar prices triggered by El Niño conditions. As the world's second-largest sugar producer and top consumer, India is working to increase sugar supplies while balancing its ethanol policy goals to reduce oil dependence.

According to Yonhapinfomax, the U.S. Dollar Index (DXY) fell 0.45% to 101.774 on Oct 16, marking its first weekly decline in five weeks. The weakness reflects a sharp drop in long-term U.S. Treasury yields amid concerns over AI investment slowdown. Key currency pairs also weakened: the dollar-yen fell 0.19% to 158.002 yen, while the euro strengthened 0.34% to 1.12392 against the dollar. Markets are pricing in a 90% probability that the Bank of England will raise rates by 25 basis points on Nov 5