Gate Crypto Flash News and Market Updates

According to Forbes's real-time page on October 8, Elon Musk's net worth reached $1.028 trillion, down $23.2 billion or 2.21% since the prior trading day, ranking him as the world's richest person. However, the vast majority of his fortune is tied up in SpaceX stock that remains inaccessible for sale. Of the $1.028 trillion wealth estimate, approximately $857.5 billion stems from 5.116 billion SpaceX share-equivalents valued at Wednesday's close of $167.60 per share, representing about 84% of hi

According to the Blockchain Association, Senator Cynthia Lummis will speak at the BAPolicySummit on December 9. Lummis, a prominent advocate for clear digital asset regulations, has consistently championed bipartisan efforts to establish clearer policy frameworks for blockchain and cryptocurrency.

According to ChainCatcher and Bitcoin News, on September 25, the U.S. Circuit Court of Appeals for the District of Columbia upheld the conviction of Bitcoin Fog founder Roman Sterlingov. Federal prosecutors cited the ruling to support prosecuting Tornado Cash defendant Roman Storm in New York, arguing that law enforcement's deposit of approximately $250 worth of bitcoin from Washington, D.C. established jurisdiction, and that the same logic applies as a user accessed Tornado Cash from a Manhatta

According to @WuBlockchain, Ethereum fell below $2,500 on October 8 at 15:18 UTC, with $759 million in global liquidations recorded over the past 24 hours. ETH traded at $2,467.88, while long positions accounted for $692 million of the total liquidations. Bitcoin also declined to $81,333.5 during the same period, and Solana dropped 6.46% to $108.9.

According to Cboe LiveVol and SpotGamma data, options traders on the iShares 20+ Year Treasury ETF (TLT-US) significantly increased bullish bets this week as long-dated U.S. bond yields approached potential peaks. TLT option volume spiked 50% above the 30-day average on Wednesday, with traders purchasing approximately 370,000 call contracts compared to fewer than 100,000 put purchases. The most actively traded contracts, expiring October 30 with a $82 strike price, traded at roughly $0.10 per co

According to Xinhua News Agency, SpaceX's Dragon spacecraft carrying 4 astronauts returned to Earth on October 8, splashing down in waters off the coast near Los Angeles, California.

According to Odaily, Papertrade, a synthetic perpetual protocol on HyperEVM, announced its deposit feature is now live on October 8. Users can complete deposits and account creation over the next two days ahead of formal trading launch on October 10. Papertrade uses Hyperliquid order book mid prices, allowing users to trade directly with protocol LP. The platform emphasizes high leverage, zero slippage, and no funding fees. The native token PAPER has zero initial supply with no pre-mine, team al

According to Fox News on October 8, the U.S. Department of Defense instructed Central Command to prepare for potential large-scale military operations and attacks against Iran. The order does not specify an exact start date for the operations, and President Donald Trump has not yet made a final decision. U.S. and Israeli sources said the military action could be launched before the U.S. midterm elections on November 3.

According to Aptos, the Aptos Foundation has committed to locking and permanently staking 210 million APT, representing 37% of tokens held at mainnet launch. The locked tokens will not be sold or distributed. Instead of selling the locked tokens, the foundation's operations will be supported by staking rewards generated from these tokens.

According to the U.S. NOAA (National Oceanic and Atmospheric Administration), as of October 8, approximately 62.89% of oil production and 57.35% of natural gas production in the Gulf of Mexico have been shut down.

According to the U.S. Bureau of Ocean Energy Management (BOEM), four dynamic positioning drilling rigs have been evacuated from the storm path among a fleet of 17 such platforms as a precautionary measure.

According to the U.S. Bureau of Ocean Energy Management (BOEMRE), personnel have been evacuated from 5 non-dynamically positioned drilling rigs in the Gulf of Mexico, representing 45.45% of the 11 such rigs currently operating in the region.

According to the U.S. Bureau of Ocean Energy Management (BOEMRE), as of October 9, 12:00 AM Beijing time (11:00 AM Central Daylight Time), 121 production platforms in the Gulf of Mexico have been evacuated, representing 32.61% of the 371 manned production platforms.

According to Bitquery's onchain analysis completed on October 8, the 79thVault exploit resulted in a larger loss than initially reported. The revised total shows 2.52 million 79AU tokens were removed from the project's PancakeSwap liquidity pool, with approximately $14.35 million in USDT extracted across two seller wallets. Initial alerts had identified $12.5 million in losses from seven transfers of 2.01 million 79AU. The reconstructed analysis uncovered a second seller that waited approximatel

According to ChainCatcher, U.S. 30-year Treasury yields reached their highest level since August 2000 in recent auction activity, marking a 26-year milestone.

After U.S. Non-Farm Payroll data release on October 8, Bitcoin surged to a peak of $87,000 before retreating to $86,773. The cryptocurrency posted daily gains exceeding 3% following the economic report.

Microsoft disclosed that approximately 80% of its H-1B visa applications submitted in the last fiscal year were aimed at extending or changing the visa status of existing Microsoft employees.

On October 8, Federal Reserve overnight reverse repurchase agreement usage fell to $335 million with two counterparties, down sharply from $2.338 billion on the previous trading day.

Microsoft's gaming division XBOX announced on Thursday (October 8) a new entertainment unit called XP that will bring its popular gaming franchises into movies, television, merchandise and live experiences. XBOX Chief Strategy Officer Matthew Ball said the company aims to become the "number one entertainment company in the world." XP will be led by Kayleen Walters, formerly head of Minecraft developer Mojang, and will combine activities previously spread across different XBOX teams into four bus

According to Proton AG and J.D. Power survey data, Proton surpassed 100 million registered users in February 2026, highlighting growing demand for encrypted communication services. The Swiss company accepts Bitcoin payments directly through the Bitcoin network, though subscriptions paid with cryptocurrency cannot auto-renew and require manual payment at least 24 hours before each billing cycle ends. U.S. merchant adoption of cryptocurrency payments rose to 19% in 2026, up from 15% in 2025, accor