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
08:37
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Hong Kong Dollar Approaches 7.8500 Weak-Side Guarantee, HKMA Chief Cites Rate Differential and Stock Market Factors

According to Hong Kong Monetary Authority Chief Executive Yue Weiwen today, the Hong Kong dollar has weakened to around 7.8460-7.8475 levels, approaching the weak-side convertibility guarantee at 7.8500. The depreciation reflects two main factors: an expanded interest rate differential between the Hong Kong and U.S. dollars following the Federal Reserve's rate hike in September, which has prompted carry trade activity, and declining Hong Kong dollar demand related to equity market conditions. Th
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08:36
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Comparables.ai Raises $6 Million Seed Funding Led by Pragmatech and Araya Ventures

According to Comparables.ai, on October 6, the Helsinki-based M&A software provider raised $6 million in seed funding led by Pragmatech and Araya Ventures to support international expansion and AI platform development. The platform, used by over 50,000 professionals across 30+ countries, combines company data, financial information, valuations, deal records, and contact details to help deal teams identify targets and market signals.
08:35
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Spiko Completes $90M Series B Funding Round Led by NEA

According to ChainCatcher, Spiko, a tokenized money market fund issuer, completed a $90 million Series B funding round led by venture capital firm NEA on October 6. The round brings Spiko's total funding to $120 million.
08:34
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Cryptocurrency Market Sees $168M in Liquidations Over Past 24 Hours

According to Coinglass, $168 million in leveraged positions were liquidated across cryptocurrency exchanges in the past 24 hours. Long positions accounted for $106 million in liquidations, while short positions saw $61.85 million liquidated. Over the same period, approximately 64,000 traders were liquidated globally, with the largest single liquidation recorded on Binance's BTCUSDT pair at $11.85 million.
08:30
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Iran Dismantles Three Terrorist Cells in Southeast, Two Killed and 10 Arrested on October 6

According to Iran's Intelligence Ministry, on October 6, Iran dismantled three terrorist operational cells in its southeastern region, with 2 terrorists killed in armed clashes with security forces and 10 arrested. The Ministry stated the operatives had received military, bomb-making, and assassination training abroad before infiltrating Iran to carry out sabotage and destabilization activities.
08:27
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Lithuania Offers to Fund U.S. Military Base Construction as Trump Considers Permanent Deployment

According to Jin10, Lithuania's Prime Minister Gintautas Shinkevicius stated on Tuesday that Vilnius would fund the construction of a permanent U.S. military base if Washington approves the proposal. On Monday, U.S. President Trump responded positively, saying he would consider Lithuania's request: "They are my friends and great people, so we will certainly look into this." Lithuania, an EU and NATO member bordering Russia and Belarus, has hosted a rotating U.S. armored battalion of nearly 1,000
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08:23
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UK Regulator Launches Formal Investigation Into Meta Over Instagram Instants Risk Assessment

According to UK communications regulator Ofcom, Meta is under formal investigation on Tuesday over whether the company adequately assessed risks before launching Instagram Instants in May. The feature allows users to share content that automatically disappears after being viewed. Ofcom will examine whether Meta properly evaluated potential illegal content risks and any harm to children prior to the rollout, and determine if the company violated UK online safety regulations.
08:23
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Marine Le Pen Aims to Cut France's Budget Deficit Below 3% by 2032

According to Jin10, Marine Le Pen, leader of France's far-right National Rally party, announced on October 6 a fiscal plan targeting a budget deficit below 3% of GDP by 2032. Le Pen unveiled her party's budget proposal for next year, contingent on victory in the upcoming French presidential election. She warned that France risks losing financial sovereignty if it fails to take decisive action, citing concerns that the nation's debt could trigger a "snowball effect." The announcement aims to reas
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08:23
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BitMine Buys 15,112 ETH Worth $41 Million, Closes Within 1% of 5% Supply Target

According to BitMine's disclosure on October 5, Chairman Tom Lee's company acquired 15,112 ETH worth approximately $41 million during the week ending October 4, extending its weekly Ethereum purchasing campaign. The acquisition brings BitMine's total holdings to 6,016,414 ETH, valued at roughly $16.4 billion at the company's reference price of $2,726 per token. BitMine now controls approximately 4.9% of Ethereum's 122.1 million-token supply, leaving it only 99% of the way toward its stated 5% ta
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08:22
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Cardano Partners with Pacific Meta to Expand Enterprise Blockchain Adoption in Japan

The Cardano Foundation has partnered with Pacific Meta to accelerate blockchain adoption among enterprises in Japan. The collaboration combines Cardano's blockchain infrastructure with Pacific Meta's knowledge of the Japanese market and experience supporting enterprise technology initiatives. The partnership aims to help Japanese companies transition blockchain projects from pilot programs into production-ready applications that operate in real-world business environments.
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