Gate Crypto Flash News and Market Updates

According to PANews, South Korea's KOSPI index plunged 9% to 5,467.66 points on October 15, with Samsung Electronics falling over 11% and SK Hynix declining nearly 12%.

According to BlockBeats, Abraxas Capital's two hedge accounts on Hyperliquid have generated over $331 million in profit as of October 15, while currently holding over $1.45 billion in short positions, according to lookonchain monitoring.

According to Barron's Magazine, Apple became the world's second enterprise to close above a $5 trillion market cap on Wednesday, October 14, following Nvidia. The stock rose 0.5% to $342.96 per share, reaching a record close with a market valuation of $5.005 trillion. Apple's upcoming foldable iPhone, the iPhone Duo, set to launch on October 23 with a starting price of $1,999, will be a critical test of investor confidence in sustaining this milestone. Pre-orders open this Friday.

According to Zhitong Finance, OCBC Bank (Hong Kong) hosted a seminar yesterday on exploring overseas expansion opportunities and challenges in partnership with the Hong Kong Trade Development Council, at the Hong Kong Autumn Electronics & Components Fair. The seminar brought together over 100 technology and innovation industry participants, including exhibitors, professional buyers, strategic partners and investors. Victor Tseng, Deputy Head of Corporate Banking and Financial Institutions at OCB

According to Jin10, EU leaders convened on October 15 in Brussels to discuss measures against surging energy prices, though U.S.-Iran tensions have severely constrained policy alternatives. The European Commission signaled there are no quick fixes to address high energy costs amid tight government budgets and rising interest rates. The bloc is considering extending joint energy procurement mechanisms, delaying methane emissions regulations, and prolonging state aid for affected industries, yet E

According to TSMC, the world's largest semiconductor foundry announced on October 15 that its third-quarter net profit surged 69% year-over-year to 763.1 billion New Taiwan dollars, or approximately $23.59 billion, marking a historic high. The July-to-September earnings of 763.1 billion TWD exceeded analyst expectations of 746.3 billion TWD, driven by surging global demand for artificial intelligence processors.

According to Foresight News, Tempo launched its privacy feature Zones today, allowing enterprises to keep customer stablecoin balances and payments private while maintaining built-in compliance controls and access to global liquidity. Deel, a platform for hiring remote workers, became the first customer to enable Zones in a production environment. Zone operators can control participant access, screen permitted assets and deposits, and implement issuer policies automatically. Private accounts ret

Melon Token (MLN) surged 13.38% within 15 minutes, reaching $1.61 with a market cap of approximately $5.2 million. The token recorded 24-hour trading volume of $193,609, with intraday prices ranging from a low of $1.37 to a high of $1.61, reflecting increased trader activity.

Taiwan Semiconductor Manufacturing Company (TSMC) fell over 2.4% in after-hours trading on the U.S. stock market on October 15, after sliding over 2.7% earlier in the session.

According to Jin10, on October 15, Hugh Peel, chief economist of the Bank of England, stated that potential rate hikes should not be interpreted as the start of a new cycle of consecutive tightening, as occurred in 2022-2023. Speaking at a Bangkok Economic Festival panel during the IMF's Bangkok meeting, Peel emphasized that the current economic shock differs from the previous tightening period. He reiterated concerns about potential "wage-price spiral" inflation, where rising prices prompt work

TSMC reported third quarter net income of 7,631 billion TWD, surpassing market expectations of 7,394.9 billion TWD. The chipmaker's operating profit reached 8,764.5 billion TWD against estimates of 8,543.5 billion TWD, while quarterly revenue totaled 1.49 trillion TWD, exceeding the forecasted 1.46 trillion TWD.

GLMR surged 10.4% in the past hour, reaching $0.01099 from $0.009955, with a high of $0.011579 during the move. The 24-hour gain reached 16.41%, while recent trading volume stood at $5,154,573.66, indicating heightened market interest in Moonbeam's token.

According to Digital Assets, data analytics firm Laevitas discovered and corrected major errors across multiple cryptocurrency exchange datasets on October 3 and October 7. The company found that 108.66 million Coinbase spot trades had buy and sell directions reversed due to differences in trade classification standards between exchanges. Additionally, 1.96 million Binance options trades lacked pricing evaluation data and risk metrics, with error rates reaching 24-55% from April onwards. Laevita

According to Gate, Hong Kong-listed artificial intelligence stocks declined sharply on October 15, with Zhipu (02513.HK) and Minimax-W (00100.HK) both falling over 10% during the trading session.

According to Investing.com, UBS maintained its buy-on-dips U.S. dollar strategy on Wednesday (Oct 14), stating that as long as energy prices remain elevated and AI-driven investment themes persist, the approach remains suitable. Strategist Shahab Jalinoos noted that G10 currency markets showed muted movement this week, with the France-Germany 10-year government bond yield spread stable at approximately 140 basis points. UBS expects the euro to test its fourth-quarter low of 1.1050 and maintained

According to Odaily, a whale that profited $1.08 million from ETH trading one month ago withdrew 6,010 ETH from Binance 2 hours ago, valued at approximately $14.22 million at an average price of $2,367. The address had previously built a position at $1,874 between July 31 and August 14 this year, exiting near $2,405 for a 28.33% return, demonstrating a pattern of disciplined entry and exit points.

According to Odaily, DeepSeek client service resumed normal operation today after experiencing a service outage earlier this morning around 8 a.m. Users had reported error messages including "server temporarily unavailable" and "server busy, please try again later."

According to Guru Club, eight U.S. state attorneys general filed lawsuits on October 14 against OpenAI over ChatGPT, alleging the chatbot misled users about product safety and endangered minors. The lawsuits, filed in respective state courts, claim OpenAI violated consumer protection laws.

According to BlockBeats citing Bitget market data, Hong Kong-listed artificial intelligence model stocks declined on October 15, with Zhipu (02513.HK) and MINIMAX-W (00100.HK) both falling over 10%.

According to CME data, on October 14, gold trading volume reached 210,939 contracts with open interest at 399,676 contracts, up 68,531 and 3,331 contracts respectively from the prior trading day. Silver trading volume was 77,708 contracts with open interest at 112,998 contracts, rising 36,770 and 4,565 contracts respectively. Copper trading volume reached 57,869 contracts with open interest at 314,915 contracts, increasing 4,725 and 1,083 contracts respectively. In energy markets, WTI crude oil