Gate Crypto Flash News and Market Updates

According to Jin10, Iran's intensified attacks on vessels transiting the Strait of Hormuz on October 13 are raising shipping risks and threatening a recent recovery in Persian Gulf crude exports. Tanker tracking data shows that more than a dozen very large crude carriers (VLCCs) and several Suezmax tankers have turned back or altered course near Fujairah port, a key shipping hub at the strait's entrance. Shipping brokers and some vessel operators report slowing activity in the region, including

According to ChainCatcher, Nvidia CEO Huang Renxun stated that the company invested $8 billion in Europe over the past year.

According to Pacific Investment Management Company (PIMCO), the Federal Reserve is expected to keep interest rates unchanged this month. The asset manager also anticipates 1-2 additional rate hikes in the remainder of this rate-hiking cycle.

According to the company and court filings, Character.ai, an AI companion app startup, filed for Chapter 11 bankruptcy on Monday, citing high development costs and litigation liabilities. The platform, which enables users to have conversations and roleplay with AI characters, has faced multiple lawsuits, including a case filed by Kentucky alleging the platform preyed on children. Disney has entered into an agreement to serve as a stalking horse bidder, committing $20 million to license some of t

According to France's agriculture ministry, corn production is now forecast at 7.3 million tons for 2026, down from 8.1 million tons projected in September, due to severe heatwaves and persistent drought. Corn yield fell 27%, marking the lowest level in over three decades. Output is roughly half that of 2025.

According to Reuters, Anthropic and OpenAI are negotiating with third-party AI evaluators over terms that could give the companies substantial control over which findings are published on October 13, 2026. The talks center on what evaluators can disclose, particularly those embedded within the labs rather than testing models externally. In September 2026, both companies publicly committed to granting outside evaluators freedom to publish findings on critical safety issues. However, negotiations

According to an August 4 interview, Wells Fargo CEO Charlie Scharf said corporate clients remain uncertain about stablecoin benefits, but the bank plans to launch tokenized deposits for select corporate clients in fall 2026. The initial offering will enable 24/7 cross-border payments between U.S. dollars and British pounds on Wells Fargo's proprietary blockchain, while maintaining FDIC deposit insurance protections. Wells Fargo has joined a 21-institution consortium that aims to issue a USD-deno

On October 13, India's central bank governor announced a special plan aimed at increasing dollar inflows to the country, projecting approximately $150 billion in new capital flows.

According to an announcement published October 12, Binance will shut down Binance Pool and related services on November 10 at 07:00 UTC. The closure will discontinue mining pool, cloud mining, savings products, Transaction Accelerator, and mining pool API services. Binance urged miners to reconfigure equipment to connect to another pool before the deadline. Users with active Pool Savings positions should unsubscribe or redeem them prior to the cutoff. The exchange will process eligible outstandi

The Cardano Foundation presented research at the 8th Conference on Advances in Financial Technologies (October 6-9) arguing that large token reserves alone may not guarantee long-term security for proof-of-stake blockchains. The paper, co-authored by Paolo Penna of Input Output Global and Manvir Schneider of the Cardano Foundation, introduces a state-dependent reserve threshold model that divides networks into three security conditions: complete failure, reserve-dependent security, and fee-only

According to RBI Governor, the Reserve Bank of India recently introduced forex reserve requirements in response to excessive speculative long positions observed in the market, aiming to ensure orderly rupee fluctuations. The central bank characterized the recent measures as non-capital control steps and indicated it would consider further action if needed to curb speculation.

According to Financial Times, on October 12, SEC Commissioner Mark T. Uyeda defended recent amendments to the agency's quorum rule in a letter as the commission operates with only two members and three vacant seats. The SEC adopted the amendments on September 30, effective October 2. The revision allows a single eligible commissioner to establish a quorum on a matter if other commissioners are disqualified due to ethics rules or conflicts of interest. Uyeda characterized the change as an operati

According to IMF's October Global Financial Stability Report, the tokenized real-world assets (RWA) market excluding repos and stablecoins reached approximately $65 billion as of end-July, comprising $30.4 billion in credit, $17.5 billion in money market funds, and $2.3 billion in equities. Tokenized repos averaged $303 billion in daily trading volume over 30 days. The IMF noted that while tokenized assets remain small in scale, they could create new channels for leverage accumulation, liquidity

According to Goldman Sachs, the S&P 500 is within 1% of all-time highs, but institutional investors are accelerating hedging in a manner not seen since the pandemic, with tech stocks abruptly shifting from top net buyers to the largest net sellers. The bank's Quality Factor rallied over 16% in the past 8 weeks—a magnitude unseen since 2020—while tech stocks' long-short ratio fell to the 17th percentile over five years despite holdings remaining at the 97th percentile, signaling diminished buying

According to WuBlockchain, Sui Devnet has added post-quantum signature support, a significant security upgrade targeting mainnet rollout in Q1 2027. Mysten Labs, led by co-founder Kostas Chalkias, announced that Sui Devnet processed its first quantum-safe transaction, marking a key milestone in enhancing the blockchain's security framework against future quantum computing threats. The integration of quantum-safe transactions is designed to ensure digital assets remain resilient against emerging

According to @MessariCrypto, Solana's blockchain is currently hosting over $1 billion in tokenized credit, with more than half of this amount deposited in lending protocols. The substantial figure reflects growing adoption of decentralized finance solutions on the platform, signaling robust activity in borrowing and lending services within the Solana ecosystem.

USD/CAD declined 0.50% intraday on October 13, trading at 1.4208.

According to Backpack's investor call disclosed by Foresight News, the platform's tokenized securities trading volume exceeded $5 billion since launching its first tokenized stock in June. Backpack has listed 73 tokenized stocks on the platform, with internal tracking showing a month-over-month user growth rate of approximately 40%. The platform also announced that its prediction market and payment card features have completed internal testing and are ready to launch, but remain unreleased due t

According to sources familiar with the matter, on October 13, German Chancellor Friedrich Merz and Ukrainian President Volodymyr Zelensky disputed the scope of U.S. President Donald Trump's proposed 'energy ceasefire' involving Russian refineries, calling it too narrow. The two leaders jointly called for a broader agreement that would simultaneously protect Ukraine's power infrastructure and Russian refineries from military strikes. Both officials indicated they expect other EU leaders to suppor

According to Anza, Solana will launch its new Alpenglow consensus protocol on Mainnet-beta on Oct 21 at approximately 22:50 UTC. The upgrade, developed over 18 months, replaces the original TowerBFT protocol and removes the Proof of History (PoH) mechanism. Final transaction confirmation time will decrease from several seconds to approximately 150 milliseconds, while voting moves off-chain to free up block space. The protocol has completed testing on testnet and devnet, passed simulation tests w