Gate Crypto Flash News and Market Updates

On Thursday (October 1) at the U.S. close, the ICE Dollar Index rose 0.61% to 102.070, with an intraday range of 101.459-102.207. The Bloomberg Dollar Index gained 0.43% to 1224.81, trading between 1219.23-1226.89 during the session.

According to Fireblocks' latest report, 83% of institutions in the Middle East prioritize wallet governance as the top factor when selecting digital asset infrastructure, significantly higher than the 60% recorded in the United States. The regional emphasis on secure governance features reflects the growing importance of custody and security standards among institutional clients in the Middle East.

According to reports citing sources, Disney's television division is undergoing restructuring with hundreds of layoffs planned. The company cut more than 300 employees on Tuesday, with most positions eliminated from human resources and information technology departments. Senior management is finalizing details of the restructuring plan, which may not be completed by year-end.

According to Iran's official news agency, sources said no negotiations on Iran's nuclear program took place during recent talks with mediators.

OpenAI announced the global launch of two new ChatGPT shopping features on Thursday: virtual try-on for clothing and accessories, and a Favorites function to save products. The virtual try-on feature, powered by the newly launched ChatGPT Images 2.5 model, allows users to upload a selfie or full-body photo to visualize how items might look on them. Users can also upload product images and ask ChatGPT to virtually try them on. The Favorites feature lets users save discovered products to a Library

According to Fireblocks, StablR's minting contract was compromised by a stolen private key, granting an attacker full control to mint millions of the stablecoin without authorization. The breach exposed critical vulnerabilities in the stablecoin's security framework, as a single compromised key was sufficient to assume ownership of the minting mechanism. The incident highlights the importance of robust key management practices in stablecoin infrastructure. Security lapses of this nature can unde

According to Inc. columnist Jason Aten and Meta communications chief Andy Stone, a dispute erupted Wednesday over whether Muse's Messages integration on Mac requires explicit user permission. Aten claimed Muse synced his local Messages database to row 187,462 despite his Full Disk Access setting being disabled. Meta's Andy Stone countered on X that the integration is "entirely opt-in," requiring both Full Disk Access and Muse's Messages connector to be enabled, and both settings can be revoked a

According to U.S. Trade Representative Gail, U.S. merchandise exports are on track to set a record this year (2026).

U.S. District Judge P. Kevin Castel of the Southern District of New York ruled on Wednesday that Google could face over $3.2 billion in damages from publishers over its ad exchange practices. The judge rejected Alphabet Inc.'s attempt to contest damage estimates from approximately 5,000 publishers, allowing jury trials to proceed in Manhattan. The class-action suit seeks roughly $1.7 billion collectively, while individual major publishers filed separate claims: USA Today Co. pursues around $900

Google sent its Tensor Processing Unit into space for the first time today aboard a SpaceX rocket launched from California. Built by Planet Labs, the satellite will test whether Google's TPU chip can function in orbit, supplying continuous power, managing thermal systems, and running inference models. According to a peer-reviewed white paper released by Google, achieving cost-effective orbital data centers will require SpaceX's Starship to complete approximately 1,600 to 1,800 launches over the

According to PANews, on October 2, Phantom launched BNB Chain support on its wallet, allowing users to view BNB Chain asset balances, send and receive tokens, and conduct in-app swaps after updating to the latest version. The integration was confirmed by BNB Chain's official account and reshared by Binance co-founder CZ.

According to Jin10, on October 2, U.S. Energy Secretary Wright expressed high confidence that Europe will release emergency diesel stockpiles to help ease global fuel price pressures, stating that "positive news may be forthcoming." The Trump administration has previously requested Germany and France to release emergency diesel reserves to alleviate rising global fuel costs, threatening potential U.S. diesel export restrictions if they decline. Wright noted that now is the opportune moment to re

According to court filing Thursday, October 1, Illinois and two crypto industry groups submitted an agreed motion to postpone the state's 0.2% Digital Asset Tax by six months, moving its start date from January 1 to July 1, 2027. The motion was filed in Sangamon County Circuit Court, and while both sides support the delay, it still requires judge approval. As of Thursday afternoon, no public confirmation of approval had been announced. The postponement does not end the underlying lawsuit challen

According to Financial Times, Tencent has signed a $7 billion agreement with Oracle to lease approximately 100,000 AI chips through Oracle data centers in Southeast Asia. The deal requires around 30% of the contract value upfront. Neither Tencent nor Oracle has publicly confirmed the agreement; Reuters said it could not independently verify the report but acknowledged its existence. The arrangement allows Tencent to access advanced computing capacity overseas rather than importing restricted har

According to Base's official announcement, the layer-2 blockchain platform received over 750 applications for its latest batch, selecting only 10 teams for the program. This marks the most competitive application process in Base Batches history, reflecting growing developer interest in building on the platform.

According to E-Daily, on October 1, South Korea's Financial Services Commission (FSC) announced the regulatory framework for security token offerings (STOs) following legislative approval. The FSC will begin with permissioned private ledgers to verify risk management systems before potentially expanding to public blockchains, with regulatory requirements based on clear rights confirmation and accountability structures. The FSC also initiated legislative notice for amendments to the Capital Marke

According to Yonhapnews coverage of the Global STO Summit 2026 held on October 1 in Seoul, experts highlighted that tokenizing assets requires infrastructure beyond issuance, including liquidity mechanisms, on-chain connectivity, and settlement systems. Aaron Kwok noted the onchain real-world asset (RWA) market at approximately $38 billion, emphasizing that blockchain listings alone do not create markets—trading and settlement must be supported. Tokenized government bonds have already reached $1

According to South Korea's stock exchange, on October 1, KOSPI rose 1.95% to 6971.35 and KOSDAQ gained 4.48% to 894.29, driven by strong results from Micron and robust September exports. Samsung Electronics and SK Hynix, which launched major share buyback programs in late August, are nearing the conclusion of their purchases, with Samsung expected to complete buybacks today and SK Hynix around October 15-17. Data showed that in September, foreign investors sold 21.5 trillion Korean won in KOSPI

At the 2026 EDaily Global STO Summit on October 1, industry experts discussed the tokenized securities market's potential and challenges. Panelists identified intellectual property (IP) and K-content as key assets for tokenization, noting that IP is relatively easy to product due to trust structures. However, they warned that without expedited legislation on issuance frameworks, the market could face a "empty storefront" scenario—infrastructure ready but insufficient tradable products. Experts a

According to Eritrea's Foreign Ministry, on October 1, the country announced it is severing all diplomatic ties with Ethiopia.