Gate Crypto Flash News and Market Updates

According to the NYDFS, the New York Department of Financial Services announced a new memorandum of understanding (MOU) with Wyoming to coordinate virtual currency oversight between the states, effective immediately. The partnership aims to enhance regulatory consistency, improve consumer protection standards, and establish consistent digital asset compliance frameworks across jurisdictions. NYDFS Acting Superintendent Kaitlin Asrow emphasized the collaboration's importance in promoting effectiv

According to Sweat Foundation announcement on October 1, Sweat Wallet and the SWEAT token will terminate their current operational model on December 30, 2026, due to inability to achieve sustainable profitability. The foundation will announce specific follow-up arrangements in early December. When closing the claiming and Grow Jar contracts, unclaimed SWEAT and savings balances will be transferred to their respective NEAR accounts. SWEAT tokens will remain on NEAR and already-bridged EVM chains.

According to an October 1 TIME magazine interview, U.S. President Donald Trump stated the Federal Reserve should not raise interest rates further this year, saying "I think they shouldn't do that." Trump also criticized the Fed's board as increasingly politicized, noting it contains appointees from the Obama and Biden administrations and suggested some within the institution want the country to fail. Despite these criticisms, Trump said he does not blame Fed Chair Kevin Warsh, whom he appointed,

According to PANews on October 1, World Liberty Financial announced the opening of its governance reward pool, with an initial $1.25 million in USD1 set to be injected on October 2 at 8-9 UTC-4 and distributed over 180 days. Participants must stake unlocked WLFI for at least 180 days and directly participate in governance voting at least once every 90 days to be eligible.

According to Bloomberg, macroeconomic strategist Simon White warned this week that despite U.S. 10-year Treasury yields rising to 5.34%, bond prices may continue declining before a sustained rebound occurs. White's analysis suggests that based on historical return metrics for Treasury indices, current yields have not yet reached oversold levels, with approximately three-quarters of historical cases showing further declines within three months when annual returns approach their trend average. Whi

According to Iran's state media, Iran's Foreign Ministry summoned the British ambassador in connection with allegations related to attacks on U.S. military bases located in British territory.

According to Chainalysis regional analysis published this week, India received $88.4 billion in centralized crypto exchange inflows between July 2025 and June 2026, surpassing Singapore's $82.3 billion and Australia's $79.3 billion during the same period in the Central and Southeast Asia and Oceania region. Domestic Indian exchanges captured only 0.7% of local exchange volume, with the vast majority flowing to offshore platforms.

According to ChainCatcher, Blockworks announced the launch of a hosted MCP (Model Context Protocol) server that makes its full datasets accessible to AI agents. The server integrates with ChatGPT, Claude, and Cursor, allowing these AI tools to read data from Blockworks Research and its Intel application. Blockworks said the service is included with every API subscription tier at no additional cost, with users accessing it using the same API key and permissions.

According to ISM, the U.S. ISM Output Index declined to 56.7 in September from 58.3 the prior month.

The U.S. ISM Manufacturing Price Paid Index reached 77.9 in September, surpassing the expected 72.3 and climbing from the prior reading of 71.1.

According to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), seven TRON blockchain addresses were added to its Specially Designated Nationals list today, following a probe that traced approximately $6.1 million in inflows to an alleged ATM jackpotting operation run by Venezuelan criminal organization Tren de Aragua. The designations involve eight individuals and two Mexico-based companies. The largest wallet, holding around $2.1 million in inflows since March 2022, was li

U.S. ISM Inventories Index declined to 48.6 in September from 50.6 in August, marking a 2.0-point drop, according to ISM's official data release.

According to Goldman Sachs, on October 1, the firm upgraded Occidental Petroleum (OXY) to buy from neutral, raising its price target to $69 from $63, implying approximately 25% upside from current levels. Analyst Neil Meta cited improved capital efficiency, debt reduction plans, and potential for $4 billion in additional cash flow through 2030 as key drivers. The stock traded at $56.99, up 3.02% earlier in the session. Goldman highlighted the company's valuation appeal, with OXY trading at rough

According to TechCrunch, Photon, an AI startup building messaging-based agents for iMessage and WhatsApp, has raised $4.5 million in seed funding. The company has signed up over 40,000 developers and achieved 10x revenue growth in the past four months, with messaging volume growing 5x in the last month alone. The seed round was co-led by Gradient and A with participation from Vercel, HongShan, Z Fellows, Llama Ventures, Karman, and angel investors. Photon's platform offers unified APIs and tools

The U.S. ISM Manufacturing Index fell to 54.5 in September, below the forecast of 55 and slightly down from 54.6 in August.

According to TASS, Russia's central bank officially launched its digital ruble on September 1, now in its first month of circulation. The blockchain-based central bank digital currency (CBDC) can be accessed through commercial bank smartphone apps as digital wallets, with transactions available to individuals, businesses, and government entities. Individuals enjoy free transfers within account balance limits, while small fees apply to corporate transactions. Anatoly Aksanov, chairman of the Lowe

According to Yonhap News Agency, U.S. President Donald Trump threatened on October 1 in a Time Magazine interview that the U.S. could escalate military strikes against Iran following the November 3 midterm elections. In the interview conducted on September 28, Trump stated "it's possible" when asked whether the U.S. plans to intensify bombing campaigns against Iran post-election. Trump emphasized that the U.S. has accumulated substantial weaponry over the past six months and is currently produci

According to Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, U.S. manufacturing PMI in September reached its highest level since May 2022 on October 1. Manufacturing output accelerated sharply, driven by a significant surge in new orders, while factories increased headcount to meet rising demand from both consumers and businesses. Production of machinery and equipment saw particularly strong growth, largely related to artificial intelligence-related spending. Suppli

According to Cointelegraph, MELD co-founder Pankaj Bengani stated today (October 1) that most companies in the stablecoin payment sector convert to fiat currency immediately after transaction settlement. The primary use case is cross-border commercial payments rather than holding crypto exposure. Bengani noted that while stablecoins are unlikely to replace SWIFT in the near term, they could reduce intermediaries in correspondent banking networks.

According to an official announcement, DriftFDN has launched a claims and redemption process for users affected by the April 1 incident, which resulted in approximately $295.4 million in losses. Eligible users can claim 1 DFX for every 1 USDT lost, with the claims window closing on January 1, 2028. Users must register on the DFX platform to submit their compensation claims.