Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
15:55
0

Four Korean Financial Institutions Deploy Ripple Services at Seoul 2026 Event

According to Ripple, four Korean financial institutions appeared at the XRP Seoul 2026 event on October 5 to announce Ripple-related initiatives. Jeonbuk Bank deployed Ripple Payments for cross-border business remittances, becoming the first regional bank in Korea to adopt the service for near-real-time settlement, per an August 18, 2026 announcement. Kbank launched two distinct initiatives: a remittance pilot targeting the UAE and Thailand, and institutional wallet-as-a-service infrastructure t
More
XRP-0.40%
15:55
0

IMF to Resume Using Venezuela's Official Data for Economic Assessment After Years

According to Jin10, the International Monetary Fund will use Venezuela's official economic data in its assessments for the first time in years. The IMF resumed formal engagement with Venezuela's government in April, subsequently strengthening cooperation. A senior IMF envoy visited Caracas in July—the first high-level IMF visit in over two decades—followed by IMF staff visits concluding in early September. Sources indicated that future IMF evaluations of Venezuela's economy will at least partial
More
15:53
0

U.S. Treasury Yields Surge in September Driven by Economic Strength, Not Inflation Concerns: Castle Securities

According to Nohshad Shah, head of fixed income sales for Europe, Middle East and Africa at Castle Securities, U.S. Treasury yield gains in September stemmed primarily from stronger real yields rather than rising inflation expectations. Shah noted that real yield expansion reflects robust economic growth supported by fiscal stimulus, accommodative financial conditions, and substantial artificial intelligence investment, while inflation expectations remained relatively stable.
15:52
0

Pyth Network Reports $11.5M ARR as Active Users Surge 44.1%

According to its latest announcement via an official tweet, Pyth Network reported annual recurring revenue (ARR) of $11.5 million with month-over-month growth of 10.6%. The platform's active user base reached 129,265, representing a 44.1% month-over-month increase. The Pyth Pro catalog expanded to over 3,811 symbols, while the number of Pyth indices increased from 45 to 50.
PYTH-0.77%
15:52
0

AION Surges 33% in 15 Minutes to $0.000133 Amid Heavy Trading

AION's price surged 33% in just 15 minutes, climbing from $0.00009998 to $0.000133. The rapid move reflects heightened trading activity, with 24-hour volume reaching $32,917 and market cap at $75,443, demonstrating the sharp price volatility characteristic of lower-cap assets.
15:51
0

U.S. 10-Year Treasury Yield Rises to 5.301% on October 5, Up 2.50bp

According to Deutsche Bank, U.S. Treasury prices weakened on October 5 as the 10-year yield climbed 2.50 basis points to 5.301%, while the 2-year yield rose 0.20bp to 4.827% and the 30-year yield gained 3.00bp to 5.660%. Despite crude oil prices falling nearly 2%, Treasury yields moved higher, suggesting the bond market is decoupling from oil movements as Hormuz Strait crude flows return to pre-war levels. Deutsche Bank noted bond market volatility remains elevated and upcoming U.S. economic dat
More
15:46
0

AMD Ships Over 500K Agentic PCs, Releases Gorgon Halo Benchmarks Ahead of RTX Spark Launch

According to Tom's Hardware, AMD released performance benchmarks for its Gorgon Halo AI chips on October 5, ahead of Nvidia's expected RTX Spark launch on October 7. The company said the Ryzen AI Max+ Pro 495 outperformed Intel's Core Ultra X9 388H by 1.1x to 32.2x across generative AI models in ComfyUI testing. AMD also claimed to have shipped over half a million agentic PCs to date, supporting up to 192GB of unified memory compared to RTX Spark's 128GB maximum. First Gorgon Halo devices are no
More
15:45
0

Ukraine's AI-Equipped Gun Turrets Successfully Intercept Russian Jet Drones on October 5

According to Ukrainian Air Force Spokesman Yuri Ignat, on October 5, Ukraine's AI-equipped gun turrets successfully intercepted Russian new jet-powered drones for the first time. Ignat stated that innovative technologies like artificial intelligence can effectively prevent human error, with machine vision used to shoot down drones and AI capable of locking onto jet-powered drones. Previously, Ukrainian President Volodymyr Zelenskyy said Kyiv has installed 12 such gun turrets to intercept Russian
More
15:44
0

Meta Rushed to Fix Muse AI Virtual Machine Escape Bug Weeks Before Launch

According to 404 Media, Meta on October 5 rushed to fix a virtual machine escape vulnerability in its Muse AI assistant discovered weeks before the product launch. The security flaw could have allowed the AI to escape its sandbox environment and access Meta's databases and internal services. A Meta insider told 404 Media that security teams were pressured to deploy quick fixes without delaying the launch, resulting in what they described as "half-baked protections being rushed out."
15:43
0

Abiy Ahmed Sworn In as Ethiopia's Prime Minister on Oct 5, Prosperity Party Wins 438 of 486 Seats

According to Jin10, Abiy Ahmed was sworn in as Prime Minister of Ethiopia on October 5 following his Prosperity Party's decisive victory in June parliamentary elections. The party secured 438 of 486 seats in the Federal Parliament's lower chamber, granting it the mandate to form the new government. Abiy, who previously served as Prime Minister from April 2018, was re-elected in 2021.
15:37
0

South Korea's Top 5 Banks See Early Loan Repayments Decline 33.8% in August Despite Lower Fees

According to South Korean financial institutions, the country's five largest banks—KB Kookmin, Shinhan, Hana, Woori, and NH Agricultural Bank—processed 58,570 early loan repayments in August, down 33.8% from 88,534 cases a year earlier. The total repayment amount fell 29.2% to 1.94 trillion won from 2.74 trillion won. Credit loan early repayments saw the steepest decline at 49.6% by volume and 55.6% by amount. For the first eight months of 2026, early repayments totaled 660,062 cases (down 8.1%)
More
15:37
0

USD/KRW Falls to 1,343.30 on October 5, Down 7.30 Won

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,343.30 on October 5 at 10:22 p.m., down 7.30 won from the previous close. Regular trading ended at 1,344.00 won, down 6.60 won. The yen impact was noted as Bank of Japan Governor Takaichi Sanae emphasized fiscal sustainability in parliamentary remarks, pressuring the dollar index to 102.243.
15:37
0

French Bank CDS Costs Exceed German Peers by €16,500 on Monday

According to Bloomberg data, French bank credit default swap (CDS) costs on Monday, October 5, exceeded those of other major European banks. Societe Generale's five-year senior debt protection contract cost €103,000 per €10 million notional, surpassing Deutsche Bank's €86,500 by €16,500. The spread had been identical in late August. French banks BNP Paribas and Credit Agricole also showed significantly higher CDS spreads than peers in the UK, Germany, Switzerland, and Spain, reflecting growing m
More
15:34
0

U.S. Data Centers Face 34% Power Shortfall Through 2028; Nvidia, Broadcom More Resilient Than Component Suppliers

According to Morgan Stanley, U.S. data centers face a 34% net power shortfall (32 GW) through 2028 as artificial intelligence deployment strains electricity supply. The investment bank reported on October 5 that even accounting for on-site generation and fuel cell alternatives, power deficits will persist. Nvidia and Broadcom are better positioned to weather the constraints due to their chip deployment control and geographic diversification. However, memory, optical, power management, and analog
More