Gate Crypto Flash News and Market Updates

According to ICE Futures exchange data, raw sugar futures rose 22.94% in the third quarter of 2026, marking the largest quarterly gain since 2016. Prices climbed from 14.34 cents per pound at end-June to 17.63 cents per pound over the three-month period. The rally has continued into October, with prices already up 18.15% this month and surpassing 20 cents per pound as of October 7. The surge is driven by production challenges in major sugar-producing nations, including reduced output in Thailand

According to Jin10, starting October 10, fuel surcharges on domestic airline tickets in China have been increased. Passengers on routes of 800 kilometers or below now pay 50 yuan per flight segment, up 10 yuan from the previous 40 yuan, while those on routes exceeding 800 kilometers pay 90 yuan per segment, up 20 yuan from 70 yuan.

According to OpenAI's statement on October 9, the company terminated 3 AI safety researchers—Tomek Korbak, Jasmine Wang, and Mikita Balesni—for violating sensitive information handling policies, describing the breach as a "major trust violation." The researchers had publicly stated on October 8 that the company's explanation was incomplete and that their conduct aligned with then-current work guidelines. They disputed specific claims, with one researcher noting his communication with AI evaluati

According to on-chain analyst Ember Chen, a wallet received 263 ETH from Tornado Cash on October 9, subsequently converting it to 643,000 USDC and depositing the funds on Hyperliquid. The address opened a short position on 305.5 BTC at 40x maximum leverage with an entry price of $83,068, establishing a total position size of approximately $25.38 million. The liquidation price for the trade stands at $84,088.

According to on-chain analyst Ember, a wallet received 263 ETH from Tornado Cash yesterday, converted it to $643,000 USDC, and deposited the funds into Hyperliquid. The address then opened a 40x leverage short position on BTC at $83,068, shorting 305.5 BTC with a total position size of approximately $25.38 million. The position is currently showing an unrealized profit of about $160,000, with a liquidation price at $84,088.

According to President Trump on October 10, the U.S. has achieved complete control of the Strait of Hormuz with support from American military forces, and oil volumes transiting the strait now exceed levels prior to the outbreak of the Iran war. Trump also stated that Russia has agreed to supply the U.S. with significant quantities of oil products, particularly diesel fuel.

According to ChainCatcher, Malaysian hardware wallet retailer CryptoBilis underwent ownership change in March, with company records showing that Jiaming, a China-based individual with a registered address in Heilongjiang Province, has held 100% of the company's shares since August 3. The company's former co-founder confirmed the acquisition and stated that the founding team has no visibility into current operations. CryptoBilis has suspended all hardware wallet sales and shipments across Malaysi

According to CCTV News, on October 10, Kansai Electric Power restarted the No. 3 reactor at its Mihama nuclear plant in Fukui Prefecture, entering a testing phase. The utility plans to resume commercial operation on November 4. The reactor had been offline since May after a high-pressure turbine cover damage caused steam leakage. During another testing phase on September 17, workers discovered a pipeline leak, prompting a second shutdown on September 18.

According to PANews, OKXICE has submitted an application this week to U.S. regulators for a 24-hour tokenized stock trading platform. OKXICE co-chairman Andrew Cuomo, former New York Governor, told The Wall Street Journal that round-the-clock tokenized stock trading would be "a transformative game-changer" capable of attracting billions of dollars to the U.S. economy.

According to OpenAI's official announcement on October 10, Codex introduced a beta version of input prediction (composer predictions) feature for Pro users. The feature suggests the next message based on conversation context and user habits. The functionality is now available on desktop applications, included in Pro subscriptions at no additional usage cost.

According to Yonhapinfomax's consolidation of third-quarter earnings forecasts from six major domestic South Korean brokerages on October 10, Hyundai Glovis is expected to report operating profit of 546.3 billion Korean won for the third quarter, up 4.26% year-over-year, with revenue projected to increase 13.98% to 8.38 trillion Korean won. The positive outlook is driven by surging Chinese finished-vehicle exports—which have exceeded one million units monthly since June—and strong container ship

Tesla delivered 486,532 vehicles in the third quarter, according to the company, exceeding the 461,974 consensus by approximately 25,000 units, production of 464,391 vehicles, and 13.7 GWh of energy storage. According to the China Passenger Car Association, Tesla Shanghai's wholesale sales rose 5% year-over-year to 95,366 vehicles in September, the factory's strongest month of 2026, driven by exports jumping 58% to 30,529 units, while domestic retail sales fell 9% to 64,837. In Texas, tracker re

According to Bloomberg, Singapore-based data center operator DayOne Data Centers has held preliminary talks with banks this week for a potential US$500 million bond sale. The company filed for a US initial public offering this week and has considered raising about US$5 billion, with Citigroup as the lead arranger. The bond sale could come as early as next year, with proceeds to fund unspecified projects. DayOne, which closed a US$4.5 billion Series C equity financing in June, co-develops a 360-m

According to its SEC filing, Nakamoto, a Bitcoin DAT company, warned on October 6 that a potential bank run on stablecoin USDT could create debt repayment uncertainty. The firm disclosed that its subsidiary borrowed 210 million USDT from Kraken in December 2025 at 8% annual interest, with Bitcoin collateral. Nakamoto flagged risks including USDT price depegging, liquidity shortages, or regulatory action that could impair its ability to repay. The company noted that BTC price declines could trigg

According to EmberCN, Nasdaq-listed SkyAI (SKYA) transferred 468,000 SOL in the past 24 hours on October 10, valued at approximately $51.1 million. Of the amount, 218,000 SOL were sent to multiple centralized exchanges, while 250,000 SOL were transferred to institutional crypto services platform BitGo. SkyAI held over 2 million SOL in reserves as of its latest filing on September 14.

According to SiliconANGLE, warehouse robotics company Ultra announced the completion of a $50 million Series A round led by Framework Ventures on October 10, with participation from Y Combinator. The funding brings Ultra's cumulative raised capital to $62 million, including a prior $12 million seed round co-led by Y Combinator and NextView Ventures. Ultra operates on a "robots-as-a-service" model.

On October 10, U.S. President Trump called on oil refiners and retail companies to immediately reduce prices, citing increased petroleum supplies provided by the government. Trump stated that given the availability of crude oil, price reductions should follow.

According to X user exsiway, Malaysian Ledger authorized dealer CryptoBillis was secretly sold by its original founder in spring 2026 with a non-disclosure agreement requiring all parties to remain silent until October 19. The dealership and "Ledger authorized" designation remain active despite the change in ownership. Former team members confirmed the new management has already taken over, with the original team bound by the confidentiality clause. No official evidence currently links the new o

iShares Silver Trust, the world's largest silver ETF, added 22.47 tons to its holdings on October 10, bringing total holdings to 15,363.53 tons.

According to Onchain Lens, the hacker associated with the $90 million Ledger reseller breach has deposited approximately $270,300 to Binance, including 256.57K USDT and 41.12K TRX (approximately $13,700). Most funds have been transferred to Binance hot wallets. Separately, the same hacker deposited 430.2 ETH (approximately $1.07 million) into Tornado Cash across four wallets for mixing, and converted USDT to USDD to evade potential Tether asset freezes.