Gate Crypto Flash News and Market Updates

According to official statements, Gopax apologized on October 16 for a data breach discovered in early October affecting nine users (seven customers and two employees). The exchange confirmed unauthorized account access since early September and compromised information including usernames and login history. Pravang disclosed a separate data breach on October 9 affecting approximately 20 customers after unauthorized access on October 2. Both exchanges confirmed no direct financial losses or asset

According to Bloomberg's Mark Gurman on October 18, Apple launched iPhone Duo pre-orders on October 16 despite knowing the foldable device faced severe supply constraints. Pre-order delivery dates have already been pushed to late January 2027, with the device initially priced above $2,000. Gurman reported that Apple chose to expand the launch to 70 countries simultaneously rather than limiting availability to the U.S. and China first, further stretching limited supply across more markets.

On October 16, Hang Seng International (01044) underwent a position transfer valued at HK$1.425 billion, representing 6.12% of its total market capitalization. UBS Securities Hong Kong transferred out 70.057 million shares as part of the transaction.

According to the Hong Kong Stock Exchange, on October 16, Dingdang Health (09886) experienced a position transfer totaling HKD 62.38 million, representing 5.68% of holdings. Shareholders transferred 70.08 million shares to HSBC Bank (Hong Kong) Limited from Merrill Lynch Far East.

According to Hong Kong Exchange data, on October 16, Gao Xin Retail (06808) completed a share transfer worth HK$3.189 billion, representing 31.99% of the company's total position. The company's shareholders transferred 3.047 billion shares from Citibank to China Merchants Bank International Securities.

According to 10x Research, 141 altcoins tracked by the firm's index fell an average of 14% last week, significantly outpacing Bitcoin's 3% decline as the broader crypto market faced widespread selling pressure. The research firm noted that trading volumes have contracted, stablecoin supply continues to shrink, and ETF capital flows have turned negative, signaling sustained pressure on market liquidity and investor risk appetite.

According to GAPKI data, Indonesia's palm oil inventory fell to 2.21 million tons in August 2026, down from 2.75 million tons in July and lower than 2.54 million tons in August 2025. The decline was driven by increased biodiesel consumption, higher domestic demand, and increased exports, despite slowing monthly production. August palm oil and palm kernel oil combined production reached 5.343 million tons, down 0.50% from July's 5.37 million tons.

According to Mohsen Rezaei, secretary of Iran's Supreme National Security Council, on October 18, Iran's military has prepared a response plan to potential additional attacks by the U.S. and Israel that would be far more destructive than previous operations in June 2025 and February 2026. Rezaei stated on X that the new operational plan would not follow the existing rules known to Washington and Tel Aviv. His warning came as the U.K. Maritime Trade Organization reported multiple attacks on comme

According to Yonhap Infomax, South Korea's KOSPI fell 957.88 points in the week ended October 16, posting a weekly decline of 14.46% and marking the largest weekly drop on record. The decline surpassed the previous record of 659.26 points set in March 2026. This weakness marked the fifth-largest weekly percentage decline since KOSPI's inception, with only periods during the 1997 Asian Financial Crisis and the 2008 global financial crisis seeing steeper drops. Foreign investors accelerated their

According to South Korea's National Assembly, the Korea Investment Corporation (KIC) will undergo a parliamentary audit on October 20, with the establishment of a strategic investment account as the central focus. The audit will also address the company's relocation from Seoul and the selection of a new Chief Investment Officer. KIC, established in 2005, plans its first domestic investments through the new strategic account, which aims to support semiconductor and artificial intelligence sectors

According to Citi, LME aluminum recovered 0.8% last Friday (October 17), ending recent losses as Fed Chair Kevin Warsh's remarks in Bangkok eased market concerns over near-term rate hikes. Spot copper inflows to the U.S. have tightened external supplies. Looking ahead, Citi forecasts prices to trade in narrow ranges over the next three months, while predicting copper supply-demand balance in 2027 and potential aluminum oversupply as production increases.

According to Jin10 Futures, the CNEX market-wide sentiment index reported 47 as of 08:45 today (October 19), down 1 point from 16:00 yesterday. The sentiment indices for large banks, mid-sized banks, and non-bank institutions were 44, 47, and 49 respectively, each declining 1 point. Readings above 50 indicate tighter liquidity conditions.

Japanese Prime Minister Sanae Takaichi recently stated that Japan will appropriately control the scale of government bond issuance. She also clarified that no predetermined stance has been taken regarding the formulation of supplementary budgets.

According to analyst consensus from three major brokerages, Doosan Bobcat expects Q3 operating profit to surge 25.18% year-over-year to 167.2 billion won, with revenue rising 11.95% to 2.37 trillion won. AI data center construction expansion and sustained infrastructure investment are driving robust non-residential building equipment demand, offsetting weakness in the residential sector due to elevated mortgage rates. The figures also reflect normalization of approximately $100 million in sales

Japanese Prime Minister Takayama Sakie plans to moderately control the issuance of Japanese government bonds, according to recent statements.

According to Tibo Sottiaux, OpenAI's ChatGPT head, on October 19, the company confirmed that the "dots" feature is currently unavailable in the EU region. OpenAI is making two adjustments: users who created dots in other regions can continue using them upon entering the EU, and dots will be launched in the EU at a future date, though no specific timeline was provided.

According to ChainCatcher, an address's 2,765 ETH short position was liquidated early today (Oct 19) as ETH rebounded to $2,409. The address had opened a 13,830 ETH short position at $2,366 last night, worth $32.72 million. The partial liquidation resulted in a $6.66 million loss, leaving 11,061 ETH remaining long positions valued at $26.64 million with a liquidation price of $2,419.

According to Russia's Foreign Ministry, Foreign Minister Sergey Lavrov will visit Iran on October 19 to hold talks with President Masoud Pezeshkian and Foreign Minister Abbas Araghchi. The officials will discuss bilateral cooperation, implementation of agreements reached during previous summit meetings between the two leaders, and collaboration in energy, trade, investment, and transportation sectors. They will also exchange views on the situation in the Persian Gulf region and coordinate positi

According to Token Unlocks data, multiple tokens are scheduled to unlock significant amounts this week. ZRO leads with a $43.31 million unlock on October 20, representing 3.83% of circulating supply. Additional unlocks include BR ($2.28M, 1.49%) on October 20; KAITO ($4.84M, 3.69%) on October 20; AERO ($3.27M, 0.30%) on October 22; APR ($4.31M, 46.67%) on October 23; SOON ($6.13M, 3.50%) on October 23; MET ($2.45M, 1.31%) on October 23; SOSO ($6.80M, 5.63%) on October 24; INIT ($1.72M, 4.33%) on

According to BlockBeats, this week (Oct 19 onwards) will see a concentration of major corporate earnings and economic data releases as the Federal Reserve enters its communication blackout period ahead of the Oct 28 FOMC meeting. Meta and Tesla are expected to report earnings during the week, with earnings from semiconductor and storage companies also scheduled. Friday will feature U.S. manufacturing and services PMI data for October, along with the University of Michigan consumer sentiment inde