Gate Crypto Flash News and Market Updates

According to Taiwan media Economic Daily, AMD CEO Su Zifeng met with Taiwan Semiconductor Manufacturing Company (TSMC) and other local tech firms on October 6. Su confirmed that AMD's previously announced $10 billion investment in Taiwan's supply chain is on track and will be increased as market demand for AI computing surges. AMD plans to continue expanding its supply chain investments in Taiwan and will accelerate capacity expansion with TSMC and its backend partners.

The Nikkei 225 index closed up 737.12 points on Tuesday, Oct 6, gaining 1.05% to finish at 70,683.98.

Polymarket unveiled Protocol V2, its next-generation onchain prediction-market infrastructure, on October 6, targeting November 2 for a full mainnet switchover. The upgrade introduces updated smart contracts and market architecture to improve how positions are created, traded and settled. Polymarket plans a staged migration rather than instantaneous replacement, giving applications, market makers and infrastructure providers time to adapt to the new contracts before the mainnet transition.

According to Mitsui Sumitomo Bank, nine financial institutions including SBI Securities and Daiwa Securities completed Phase 2 of Project Trinity from April to September 2026, demonstrating delivery-versus-payment (DvP) settlement for digital securities using stablecoins. The pilot tested simultaneous exchange of securities and fiat-linked stablecoins, eliminating settlement risk where only one party completes their obligation. Mitsui Sumitomo Bank provided custodian stablecoins while SBIVC Trad

According to Economic Daily, AMD CEO Zifeng Su met with Taiwan Semiconductor Manufacturing Company (TSMC) on October 6. Su confirmed that AMD's previously announced $10 billion supply chain investment in Taiwan is on track and will be increased due to surging AI computing demand. AMD plans to accelerate production capacity expansion with TSMC, backend assembly providers, and substrate suppliers to address the current supply shortage, as market demand continues to exceed supply.

Bank of Japan Governor Kazuo Ueda said in September that the Tankan survey indicates strong business confidence among enterprises.

According to Iran's state television, Brigadier General Mohammad Akraminiya, a spokesperson for Iran's military, stated on October 6 that Iran possesses large reserves of new military equipment. The production of new defensive and offensive systems, including missiles and unmanned aerial vehicles, continues amid ongoing military operations, Akraminiya said.

According to Gate data, international oil prices declined sharply today. Brent crude futures broke below $100 per barrel, down 0.6%, while WTI crude futures fell 0.7% to $88.81 per barrel.

According to Financial News, major South Korean semiconductor exchange-traded funds will rebalance their holdings on October 8, with Samsung Electronics expected to face sell-offs of approximately 200 billion Korean won due to exceeding the 25% weighting cap at 27.1%, while SK Hynix and SK Square are anticipated to receive buy orders of approximately 90 billion and 80 billion won respectively. The rebalancing will affect approximately 18.1 trillion Korean won across semiconductor-related ETFs, w

According to South Korea's financial authorities, 3-month corporate paper (CP) rates reached 3.41% on Oct 2, the highest level this year, rising 15 basis points from Sept 18 after eight consecutive trading days of increases. The surge reflects a shift in corporate financing from bonds to CP and bank loans. Company bond net issuance in January-September fell 79.89% year-over-year to 6.03 trillion won, while bank corporate lending surged 68.51% to 66.9 trillion won over the same period. Bond and m

According to OnchainLens, an investor transferred 8,088 AAVE from Coinbase to FalconX on October 6, worth approximately $1.46 million.

According to industry sources, South Korea's Financial Investment Association began seeking member feedback on Oct 6 regarding offshore investment banks' business activities in Korean won-denominated offshore bonds (Samurai Bonds). The move follows recent government restrictions on foreign IBs' involvement in dollar and euro-denominated bond issuances. The regulator cited concerns over fair treatment between licensed domestic firms and unlicensed entities, while market participants called for cl

API3 surged 10.33% in the past 60 minutes, reaching $0.3504 from $0.318, according to market data. The token climbed 20.29% over the past 24 hours, with trading volume hitting $8.47 million, reflecting heightened trader interest and activity.

AMD CEO Su Zilu-fang said on October 6 that semiconductor demand will remain at an extremely high level over the coming years, driven by AI application growth. Chip demand continues to outpace supply, with memory chip supplies remaining tight. Su, visiting Taipei today, stated that AMD is working with memory suppliers to coordinate customer needs and forecasts strong demand over the next few years. The company plans to significantly increase supply volumes in 2027 and ensure all production capac

According to Roman Storm, the U.S. Attorney's Office for the Southern District of New York submitted supplemental documentation on October 5 to establish jurisdiction over the Tornado Cash case. The prosecution cited the Sterlingov precedent from the D.C. Circuit Court to argue that mixer-related funds flowed through the Southern District, including transactions by user Shakeeb Ahmed in Manhattan, to support charges of money laundering conspiracy and unlicensed money transmission. The case has l

According to Binance's official announcement, on October 6, Binance launched four TradFi dollar-margined perpetual futures contracts: USDEX/USDT (StablecoinX Inc. Class A stock), VKTX/USDT (Viking Therapeutics), MCD/USDT (McDonald's Corporation), and AKAM/USDT (Akamai Technologies). All contracts support up to 20x leverage and went live starting at 9:00 UTC.

According to F&Guide data, South Korea's small-cap research reports declined 16.9% year-over-year to 686 in Q3 2026, with Kosdaq coverage falling 16.8%—more than three times the decline for Kospi stocks. The decrease occurred despite financial regulators issuing a directive on October 1 requiring the nine major investment firms to allocate at least 25% of annual reports to small-cap companies with market capitalization below 600 billion won, with over half focused on Kosdaq-listed firms.

According to Tiger Research, on October 6, the web3 research firm published a report forecasting that South Korea's crypto market will shift from trading-focused to infrastructure-driven, emphasizing stablecoins, payments, and real-world assets (RWA). The report identified high-performance Layer 1 blockchain Monad as a potential infrastructure candidate. As of end-2025, South Korea had 11.13 million crypto trading accounts and average daily trading volume of 5.4 trillion won, while the RWA marke

WTI crude oil touched $88 per barrel intraday today, declining 0.54% on the day. Brent crude fell to $99 per barrel, down 0.47% in the same period.

According to BlockBeats, on October 6, prediction market platform Predict.fun posted a purple coin animation featuring the letter 'P' on X, potentially signaling an imminent token generation event (TGE).