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
04:01
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NVIDIA Evaluates Intel Foveros Packaging for Feynman GPU Backend in H2 2028

According to GF Securities analyst Jeff Pu, NVIDIA is evaluating the adoption of Intel Foveros advanced packaging for part of its Feynman GPU backend in the second half of 2028, though no contracts or final product decisions have been made. Intel's advanced packaging portfolio includes EMIB, Foveros, and Foveros Direct, with the company actively pursuing AI customers. Intel's 14A process is expected to reach high-volume production in H2 2028, aligning with Foveros development timelines. The move
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03:58
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Meta Introduces CRAM Memory Compression Technology, Achieving 452x Read Throughput Boost Over ZRAM

According to Guru Club, Meta's engineering team introduced CRAM (Compressed RAM), a novel memory compression architecture, on October 10 at the Linux Plumbers Conference in Prague. In read-only scenarios, CRAM achieves 4.89 billion operations per second, delivering 452x higher throughput than existing ZRAM solutions and approaching native DRAM speeds. The core innovation places compressed data directly in memory as physical memory rather than as a block device, bypassing the software overhead of
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03:53
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Hong Kong SFC Proposes Extending Trading Hours, Starting with Derivatives Market; T+1 Settlement Planned

According to Hong Kong Securities and Futures Commission Chief Maggie Leung at an Asia Securities Industry and Financial Markets Association (ASIFMA) conference on October 9, Hong Kong is studying ways to extend securities trading hours, with the derivatives market piloting first. The Hong Kong Exchanges and Clearing will publish a discussion paper on extending spot market trading hours in the fourth quarter. Settlement cycles will be shortened to T+1, with the exchange to issue a consultation s
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03:46
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Anthropic Bans Users From Abusing AI Models, Enforces Policy on November 12

According to its updated use policy released on October 8, Anthropic will prohibit users from subjecting its AI models to continuous and gratuitous abuse or cruel behavior, effective November 12. Violators will face account restrictions or suspension. The policy update comes as the company's first revision to its usage terms in over a year, reflecting new efforts to address extreme misconduct in human-AI interaction.
03:36
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NCUA Adds 26 New Data Fields for Stablecoin Reporting in Form 5300, Effective March 31, 2027

According to ChainCatcher, the U.S. National Credit Union Administration (NCUA) announced on October 9 a stablecoin reporting proposal adding 26 new data fields to quarterly Form 5300 for federally insured credit unions, effective March 31, 2027. The proposal applies to federal credit unions engaged in stablecoin activities and covers approximately 4,224 institutions. Of the 26 new fields, 8 relate to reserve assets held for authorized third-party stablecoin issuers, 9 address cryptographic key
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03:34
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Ultra-Large Tanker Rates Hit 60-Year High, U.S.-China Shipping Costs Reach $80 Million

According to Guru Club, on October 10, ultra-large tanker rates surged to a 60-year high amid a global shipping crisis. The cost to transport a single crude cargo from the United States to China reached $80 million, exceeding the launch cost of a SpaceX Falcon 9 rocket. The surge was driven by Iranian geopolitical tensions reshaping Middle East oil trade flows and a severe shortage of available vessel capacity.
03:31
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OpenAI Revenue Falls to $50B From $68B This Week, as Tech Giants Pursue Diverging AI Strategies

According to a Financial Times report Thursday, OpenAI told prospective investors its annualized revenue was approaching $50 billion, down from roughly $68 billion reported two months earlier. The gap partly reflects different accounting methods; Anthropic includes cloud partner revenue while OpenAI does not. The disclosure has refocused investor scrutiny on whether AI companies can translate heavy infrastructure spending into durable returns. Meanwhile, major tech companies advanced diverging A
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03:31
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Apple Cuts iPhone 18 Pro Component Orders by 15% in October Amid Weak Demand

According to MarketWatch and Nikkei Asia, Apple reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by approximately 15% in October due to weaker-than-expected global demand. The reduction followed the devices' September 9 launch. Apple's stock fell 1.1% to $336.64 on Friday following the news. While initial sales in China appeared strong, global demand has softened as memory chip prices surge.
03:25
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SkyAI Transfers 568,000 SOL to Exchanges Over Past Three Days

Gate News message, SkyAI, which holds over 2 million $SOL (valued at $220M), has transferred 568,000 $SOL ($63.87M) to exchanges over the past 3 days. The entity's average purchase price stands at approximately $194. At current prices, these holdings would represent a loss of approximately $46M if sold.
SOL-0.67%
03:25
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US DOJ Reviews Binance's Post-Settlement Iran Sanctions Compliance; $61M Forfeiture Action Filed

According to the US Department of Justice, the Manhattan US Attorney's Office and DOJ Criminal Division are reviewing whether Binance has complied with its November 2023 settlement agreement, with a focus on possible violations of US sanctions against Iran. On September 15, 2026, the DOJ filed a civil forfeiture action seeking $61 million in digital assets connected to transactions allegedly involving Hong Kong entities accused of helping move payments tied to Iranian oil sales. The investigatio
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03:24
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Starknet Surges to 9-Month High on L2-to-L1 Transition Plan, STRK Up 19-40% on October 8

According to Crypto Briefing, on October 8, 2026, Starknet announced it is considering transitioning from an Ethereum layer 2 to an independent layer 1 blockchain. STRK, the project's native token, rallied to roughly $0.07–$0.073, its highest level in nine months, with reported gains ranging from 19% to 40% across October 8–9. The proposed shift aims to achieve full quantum resistance by 2027, faster than Ethereum's targeted 2029 timeline. Starknet's transition would grant direct control over co
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STRK10.11%
ETH-0.08%
03:23
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Three Senate Democrats Report Billions in Tax Revenue Lost to Data Center Incentives on October 9

According to a report released on October 9, 2026, Senators Elizabeth Warren, Chris Van Hollen, and Richard Blumenthal found that state and local governments have surrendered billions in tax revenue through incentives offered to major tech companies building data centers. The investigation examined seven firms: Amazon, Alphabet, Meta, Microsoft, CoreWeave, Digital Realty, and Equinix. The senators concluded these companies actively pursue sales tax exemptions and other subsidies while failing to
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03:23
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CFTC Issues Rule Redefining Event Contracts as Swaps on October 9

The CFTC issued an Interim Final Rule and proposed rulemaking on October 9, 2026, proposing to classify event contracts tied to sports, politics, and weather as swaps under federal derivatives law. The interim rule excludes casino-style gambling products from the swap definition, while the proposed rule would bring event contracts traded on CFTC-registered exchanges under federal oversight. Public comment periods on both rules are due within 30 days of publication.
03:22
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HSBC and Ant Digital Test AI Agents for Tokenized Deposit Micropayments

According to Cointelegraph, HSBC and Ant Digital have tested a system enabling AI agents to access digital services and make micropayments using tokenized bank deposits, with transactions settling in real-time on a blockchain testnet. The test combines HSBC's tokenized deposit service with Ant Digital's Anvita Flow network. HSBC provides settlement capability and real-time risk checks, while Ant Digital coordinates service access and payments. Both parties stated the test is a technology validat
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FLOW3.87%
03:18
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China's LPG Market Prices Rise 5.28% in Late September, Up Third Consecutive Month in October

According to Jin10 Futures, China's liquefied petroleum gas market prices rose 5.28% in late September, with the national LPG index averaging 7,519, up 377 points from the previous period. Rising import costs amid tight Strait passage conditions and reduced output from domestic refineries maintained tight supply levels. LPG crude oil prices (CP) continued climbing for the third consecutive month in October. Amid persistent supply constraints from Middle Eastern regions and elevated import costs,
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