Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, on October 18, SK Hynix's Solidaim (a NAND flash subsidiary acquired from Intel) is moving forward with U.S. IPO preparations by selecting underwriters and pursuing pre-IPO funding. Separately, LG Electronics' U.S. robotics unit BearRobotics has also been reported as considering a Nasdaq listing, though neither company has confirmed final IPO plans. South Korea's Financial Services Commission released updated dual-listing guidelines in August that establish shareholde

According to the Associated Press, on Saturday, Trump claimed at a Kentucky rally that the ongoing Iran war, which has lasted nearly eight months, would end soon and gas prices would subsequently fall below pre-war levels. The president also reiterated a contested pledge that each American adult would receive $5,000 if Republicans gain control of Congress, a plan estimated to cost over $1 trillion.

According to China's Ministry of Commerce and Ministry of Science and Technology, on October 16 China proposed adding 40 technologies to its export control list, with 23 items related to artificial intelligence, 12 to solar energy, and 5 to biopharmaceuticals. Of these, 14 would be fully prohibited from export while 26 would face restrictions. The proposal remains open for public comment before finalization. Meanwhile, Taiwan plans to expand export controls on AI servers and advanced semiconduct

According to ChainCatcher, Deutsche Bank is launching institutional-grade crypto asset custody services within weeks, initially targeting German enterprises and professional investors. The offering will support Bitcoin and Ethereum, with technology developed jointly by Swiss digital infrastructure firm Taurus. The service is subject to regulatory approval and is not aimed at retail crypto trading.

According to Morgan Stanley's latest research report released on October 17, when including data center leasing financing in the calculation, hyperscalers and neocloud providers' total AI computing investment for 2027 reaches approximately $1.58 trillion, expanding about 14% compared to traditional cash capex metrics. The research indicates that AI capex will drive approximately 5% of S&P 500 revenues in 2027 and contribute roughly 25% of revenue growth. The study reveals that $1.58 trillion in

According to the Bank of Korea, foreign investors withdrew $19.97 billion from South Korea's securities markets in September, including $14.16 billion from stocks and $5.81 billion from bonds. The outflows came amid global interest rate rises and concerns over slowing AI investment momentum, offsetting gains from South Korea's 263% surge in semiconductor exports and 83.5% overall export growth. Global investment banks note that while robust semiconductor exports support the won's strength, persi

The U.S. Dollar Index (DXY) fell 0.17% on Friday, October 16, closing at 101.87 and declining 0.35% for the week—its first weekly loss in over a month against six major currencies. The move reflected cooling expectations for further Federal Reserve rate hikes and persistent concerns over AI-related stock selloffs. Strong CPI and PPI data earlier in the week initially sparked hawkish sentiment, but commentary from Fed officials signaled no urgency to tighten further, stabilizing Treasury yields a

According to Houthi spokesman Yahya Saree, the group downed a Saudi Apache helicopter on October 17 near Najran in the Saudi border region. Saree stated the aircraft was conducting hostile operations against Houthi positions at the time. The group did not disclose details on the crew or the exact location of the incident. Saudi Arabia has not yet responded to the claim. On the same day, the Houthis released 159 government soldiers captured during recent combat operations in Sana'a, according to

Market sentiment toward AI investments is cooling, with Meta (META-US) set to report earnings next week (Oct. 21) as a key indicator of whether tech giants' massive capital investments are translating into profit growth. The Philadelphia Semiconductor Index has declined 8% this month, and investors are increasingly scrutinizing AI companies' ability to monetize infrastructure investments. Goldman Sachs estimates that five major tech companies will collectively spend approximately $1.2 trillion o

According to Yonhap Infomax, Nvidia launched RTX Spark on October 16, a new notebook processor combining Blackwell GPU and Grace CPU. The device enables local AI processing without token charges, featuring up to 128GB unified memory and up to 1 PetaFLOPs AI computational performance via 4-bit floating point. The top-tier model is priced at $2,599 globally, with South Korean pricing reaching 9 million won. NC demonstrated its upcoming game Thunder City running on RTX Spark at over 100 frames per

According to sources familiar with the matter, Yaoyao Liu is departing Vitol Group, the commodities trading giant where he built a career generating billions of dollars through oil derivatives trading. The 39-year-old had stepped back from daily trading operations around mid-2026. His trading desk has posted significant losses for two consecutive years prior to his departure, though Liu had reportedly begun planning his retirement as early as 2025.

According to Abacus Data, support for Alberta remaining in Canada rose to 68% in a poll released Saturday, up from 64% last month. The survey of 1,021 eligible voters showed 24% would support initiating a legal process that could lead to separation, unchanged from the previous month. Voters undecided or planning not to vote declined to 8% from 12%, per the October 7-13 survey.

According to CIA Deputy Director Michael Ellis in a May 1, 2025 podcast interview, Bitcoin is not truly anonymous but pseudonymous, allowing U.S. intelligence to track adversaries including drug cartels and terrorist organizations. Ellis clarified that while Bitcoin activity is tied to addresses rather than legal names, the gap between an address and a real person can be closed by authorities. "We can disrupt our adversaries' use of it and we can use these technologies to collect more intelligen

Nine crypto organizations launched the Quantum Alliance on October 15-16, 2026, with a mission to define and test quantum-resistant standards for blockchain networks and verify claims of quantum resistance against verifiable criteria. Founding members include Quantus, American Fortress, and Intmax. The alliance has established four working groups focused on blockchain migration, post-quantum zero-knowledge proof systems, wallet and key security, and cross-chain compatibility. The group will publ

According to reports published October 15-16, 2026, Cognition, the startup behind autonomous coding agent Devin, introduced an internal system that grades engineers on their AI productivity efficiency. The grading converts each Devin session into equivalent human engineering hours, then divides by session token costs to calculate an efficiency score. Engineers meeting productivity quotas receive dynamically higher spending limits, reversing traditional tokenmaxxing incentives. The system, which

According to reports, Antithesis, a software-testing startup based in Tysons Corner, Virginia, raised $105 million at a $525 million post-money valuation on December 3, 2025. Jane Street, the quantitative trading firm, led the Series A round and is also a major customer of the company. Annualized recurring revenue has grown more than 12 times over the past two years and now stands at approximately $10 million. The company's valuation represents a multiple of over 50 times its ARR. Total funding

According to Crypto Briefing, Anthropic submitted a draft federal AI safety bill to US lawmakers in October 2026, proposing to regulate AI models exceeding 10^25 FLOPs as "frontier" systems requiring regulatory oversight. Companies meeting the definition must either generate over $500 million in annual AI-derived revenue or spend more than $1 billion annually on AI research and development. Covered developers would face transparency obligations including implementing formal safety frameworks, pu

According to Vitalik Buterin via X (formerly Twitter), Bitcoin mining costs are split 50/50 between compute capital expenditures (capex) and electricity. The Ethereum co-founder shared this breakdown recently, highlighting the resource allocation dynamics in Bitcoin mining operations.

According to Farsi News Agency, Yemen's parliament speaker urged Egypt not to join the conflict on Oct 18, warning that involvement would pose a serious threat to Egyptian national security and domestic stability. He called on Egypt to take a firm stance and avoid following Saudi Arabia's policies to prevent the region from sliding into greater turmoil.

According to ChainCatcher, Coinbase's crypto lending program launched in January 2025 has reached $2.3 billion in outstanding principal. Eligible U.S. users outside New York can collateralize Bitcoin to borrow USDC through Morpho, a decentralized lending protocol on Base. The platform expanded supported collateral to include XRP, DOGE, ADA, and LTC. As of mid-September 2026, variable-rate loans exceeded $1.4 billion, backed by approximately $3 billion in collateral.