Gate Crypto Flash News and Market Updates

According to South Korea's Customs Service, exports surged 102% year-on-year to $26.1 billion from October 1-10, the highest on record for this period. Semiconductor exports led the growth, jumping 170.9% and accounting for 46.7% of total exports. Imports rose 65.5% to $22.3 billion during the same period, with energy imports up 64.8%. South Korea posted a trade surplus of $3.8 billion.

According to ChainCatcher, citing THORChain's official statement, the cross-chain exchange protocol's native token RUNE has been 100% unlocked. RUNE supply has declined significantly, starting at 1 billion tokens, then reduced to 500 million, and further decreased to 360 million following the destruction of 64.4 million RUNE from reserves in May per ADR-023. The protocol allocates 59% of system revenue to nodes that stake RUNE for network security, with this income derived from cross-chain swap

According to BlockBeats citing HTX data, on October 12, Bitcoin surged above $84,000 with a 0.82% gain in 24 hours, while the broader crypto market remained choppy with a 0.3% decline in total market cap to $2.894 trillion. Layer 2 and modular blockchain tokens led the rally. MAGIC jumped 38.96% to $0.1359, followed by CKB climbing 32.10% to $0.00193, and S gaining 27.81% to $0.0609. ZK-focused and modular tokens including STRK, LUMIA, PLUME, and MANTA rallied on network upgrades and quantum res

According to official announcement, Suntech Creations Pharma, a wholly-owned subsidiary of Creagene Pharma-B (06628), received patent authorization on September 25, 2026 for its invention patent application titled "Anti-CLDN18.2 Antibody and its Diagnostic Uses" (application number: CN202180041601.5). The patent authorization number is CN115836090B.

According to Hong Kong Exchanges and Clearing, Nobikang (02635) completed a placement of 16.4885 million new H-shares on October 9 at HK$8.19 per share, representing approximately 5.14% of total H-shares and 4.17% of expanded issued share capital. The placement involved at least six independent third-party subscribers. Net proceeds from the placement totaled approximately HK$131 million after deducting commissions and expenses. Meanwhile, a shareholder deposited 16.4885 million shares with Tian

According to Guru Club, New York gold futures broke through $4,230 per ounce on October 12, gaining 0.35% intraday.

According to Yonhapnews, a poll released on October 12 showed South Korean President Lee Jae-myung's support rate fell to 35.2%, down 2.2 percentage points from the previous week and marking a second consecutive week of decline.

According to MarketWatch, Ray Dalio, founder of Bridgewater Associates, warned recently that the artificial intelligence market has formed a bubble at risk of bursting, citing rising debt levels amid higher interest rates. Speaking at Forbes' Global Executive Summit in Singapore and a recent podcast interview, Dalio pointed out that large cloud computing firms and major AI-focused companies are overvalued. Dalio recommended allocating 5-15% of investment portfolios to gold as a hedge against cur

According to Hong Kong Exchange data, Lusang Service (02376) underwent a shareholding transfer on Oct 9, moving 1.3845 million shares worth HK$6.8812 million from China-Tai International Securities to Guotai Junan (Hong Kong), representing 8.26% of total holdings.

According to Wasion Holdings announcement released today, the company's wholly-owned subsidiary Wasion Americas Inc. has obtained ANSI (American National Standards Institute) certification for its AMI smart meter products. ANSI C12 series standards are mandatory technical requirements for electricity companies in the United States for billing settlement meters and represent a critical market entry threshold for the North American power sector.

According to Hong Kong Stock Exchange data, on October 9, Financial Street Property (01502) saw a position transfer of 8.15 million shares, valued at HK$15.86 million and accounting for 8.22% of the company. The shares were transferred from China Bank International Securities to Dah Sing Securities (Hong Kong).

According to PANews, billionaire Adam Weitsman acquired 117 Pudgy Penguins NFTs over the weekend, October 12. Weitsman stated the project is currently facing challenging times but he wanted to support one of his favorite collections.

According to PANews, spot gold broke through the $4,200 per ounce mark on October 12, currently trading at $4,202.53, up 0.19% on the day.

According to Grayscale research head Zach Pandl on October 8, cheaper artificial intelligence will spur surging computing demand as falling costs enable broader adoption of AI agents. Pandl noted that agentic AI—which executes multi-step workflows to achieve goals—consumes significantly more tokens than chatbots: a single task may require 5 to 50 times more tokens than a typical chat interaction. Examples include Anthropic's latest Sonnet model, which reduces per-task costs by up to 30 percent,

According to Guru Club, the world's largest gold ETF SPDR Gold Trust held 1,053.13 tons as of October 9, 2026, down 2.28 tons from the previous trading day.

According to ChainCatcher, Microsoft CEO Satya Nadella recently discussed trust architecture in the age of superintelligence. He stated that current AI systems lack the ability to trace outputs to specific training data or weight configurations, yet are being deployed to access sensitive data and execute critical actions. Nadella argued that responsibility for intelligent behavior cannot be outsourced to model providers. Nadella recommended separating AI governance from AI authorization, using d

According to Ledger's statement on October 12, all confirmed cases of the hardware implant attack disclosed on October 9 involved devices sold through Southeast Asian distributor CryptoBilis, and the number of affected devices is limited. Ledger's own systems and direct sales channels were not compromised, and CryptoBilis has ceased all hardware wallet sales.

On October 11, Saudi Arabia's King Khalid International Airport in Riyadh came under attack by Houthi forces, prompting swift responses from the Saudi-led coalition and the United States. President Trump condemned the strike as unacceptable and indicated potential U.S. involvement in counteractions against the militant group. Following the incident, Saudi Aramco CEO Amin Nasser warned that global crude oil inventories have fallen below 6 billion barrels, with less than 10% readily deployable. Th

According to PANews, on October 12, South Korea's KOSPI index fell 1% to 6,557.84 points. SK Hynix dropped over 2%, while Samsung Electronics declined nearly 1%.

According to representatives at the London Bullion Market Association's annual global precious metals conference held last week in Sorrento, Italy, gold prices are expected to break above $5,000 per ounce within one year, with an average target of $5,013.30/oz—representing approximately 20% upside from current spot prices. The LBMA noted that short-term price weakness should not be mistaken for long-term weakness, emphasizing gold's evolving role in global financial systems amid growing concerns