Gate Crypto Flash News and Market Updates

According to GMGN market data, PONS on Robinhood chain fell 18.73% in 24 hours on October 3, with market cap now at approximately $427 million. The token's 24-hour trading volume was around $23.9 million.

According to the Korean Central News Agency (KCNA) citing Kim Yo Jong, department director of the Workers' Party of Korea Central Committee, North Korea conducted a medium-range strategic missile test on the morning of October 3. The report stated that the superior flight characteristics of North Korea's various missile systems were validated in the operation.

According to CITIC Securities on October 3, AI drug discovery (AIDD) companies remain in early development stages, though the sector is expected to enter an accelerated growth phase. The sector comprises three business models: software-as-a-service platforms, CRO (contract research organization) services offering AI-powered drug screening and evaluation, and AI-driven drug discovery companies independently designing and advancing drug pipelines. Most enterprises currently combine multiple models

According to Guru Club, U.S. natural gas futures (OTC market) broke through the $3 level on October 3, with intraday gains of 3.8%.

According to Nikkei Asia, Seagate Technology Holdings (NASDAQ: STX) and Western Digital Corporation (NASDAQ: WDC) shares fell 10.2% on Oct. 2, 2026, after the company announced plans to double hard-disk drive capacity for AI data centers within fiscal 2027. Toshiba plans to invest roughly 60 billion yen, approximately $380 million, in the Philippines for the expansion. Seagate closed at $848.99, down $96.58 or 10.21%, while Western Digital closed at $415.29, down $47.27 or 10.22%, according to N

According to Guru Club, Huawei announced on October 3 that its Ascend series AI chips captured 50% market share in China, surpassing Nvidia's 8%. This marks a dramatic reversal from 2022, when Nvidia dominated with 95% share while Ascend held only 3%. Huawei's rotating chairman Xu Zhijun attributed the single-chip bottleneck to limited advanced process node availability but noted the company achieved global leadership by interconnecting multiple chips into large-scale computing systems. Regardin

According to Glassnode, on October 3, bitcoin short-term holders who bought at higher prices are now selling. Two investor groups are currently underwater: those who entered at $97,000 one to two years ago, and those who bought at $89,000 six to twelve months ago. Investors who entered during the 2025 rally are selling the most daily, while those who bought during market dips show stronger holding behavior.

According to Herald Economy, South Korea's personal retirement accounts (individual IRPs) surged past 100 trillion KRW as of end-2025, up 32% year-over-year, accelerating a broader shift toward self-directed investment in the nation's retirement savings market. The data was disclosed on October 3 during the Herald Money Festa 2026 in Seoul. Individual IRPs now represent 26.1% of total retirement account assets, alongside defined-contribution (DC) plans at 28.2%, collectively surpassing the tradi

According to ACN Newswire, on November 24, 2020, Blockpass announced a partnership with UniLend, a permissionless decentralized finance protocol, to provide KYC and AML compliance services for UniLend's fundraiser. Blockpass verified 1,000 participants in a 48-hour period, enabling the UniLend team to focus on the fundraising process while compliance measures were handled separately. UniLend Co-Founder Chandresh Aharwar noted that Blockpass provided instant KYC/AML checks with no setup time requ

According to Mike Novogratz on December 11, MassMutual insurance company purchased $100 million in Bitcoin for its general investment account, which the billionaire investor called "the most important $BTC news of 2020." Novogratz noted the purchase requires Federal Reserve approval and represents a major institutional adoption milestone. MassMutual also acquired a $5 million minority stake in New York Digital Investment Group (NYDIG), which will provide custody services for the Bitcoin holdings

According to Wu Blockchain, OKB token surged over 10% on November 19 on rumors of OKEx founder Star Xu's potential release from Chinese authorities' custody. The token climbed from $4.81 to $5.40, with trading volume reaching $143 million compared to $56 million the previous Monday. Wu Blockchain reported on Twitter that authorities may discontinue their investigation into Star Xu. OKEx had suspended withdrawal services on October 16 after Xu's detention in connection with an official investigat

The Independent Community Bankers of America filed a lawsuit on October 2 against the Office of the Comptroller of the Currency in the U.S. District Court for the District of Columbia, challenging the OCC's March 2026 national bank chartering rule. ICBA argues the OCC exceeded its authority by allowing cryptocurrency companies to obtain national trust bank charters while conducting substantial activities outside traditional fiduciary services. The complaint targets the OCC's approval of 21 natio

Bank of America analysts Alastair Ryan and Philip Middleton warned in December 2020 that central bank digital currencies (CBDCs) pose significant risks to European banks. The analysts stated that CBDCs would weaken the link between banks and customers, potentially reducing the importance of current accounts and leaving fee income highly vulnerable. According to their analysis, if CBDCs replace deposits, banks would become providers of balance sheet capital only, with limited loan origination bus

According to OpenAI's official statement released on May 25, 2024, News Corp and OpenAI have announced a multi-year global partnership granting OpenAI access to current and archived content from major News Corp publications, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, and the New York Post. The agreement aims to enhance user access to high-quality reporting while maintaining journalism standards.

According to Ukrainian port authorities, Russian forces struck a foreign-flagged vessel in Odesa port on October 2, resulting in one crew member killed and three others injured.

According to BlockBeats, on Oct 3, Greek police dismantled a crypto investment fraud ring and arrested 17 people, including 9 military officers. The operation uncovered approximately 10,000 investors, each contributing an average of 800 euros, with total fraud losses estimated to exceed 8 million euros. The scheme operated as a pyramid structure, offering higher returns for recruitment. Authorities have seized around 280,000 euros and the investigation is ongoing.

According to Bitdeer, the Nasdaq-listed bitcoin miner mined and sold 292.3 BTC this week (ending October 2), maintaining zero BTC holdings. The miner's production matched its sales exactly, resulting in no net increase to its bitcoin reserves.

According to VanEck digital assets research head Matthew Sigel on October 3, bitcoin mining companies' long-term power contracts are gaining new valuation due to rising demand from AI data centers. Mining firms with 10-20 year power agreements now possess "optionality" value beyond pure BTC exposure, as electricity becomes increasingly scarce. These companies could pursue new business opportunities, including potential transition toward AI infrastructure. Sigel noted that current bitcoin markets

According to Nike's SEC filing on October 1, 2026, the company reported Q1 fiscal 2027 revenue of $11,213 million, missing the LSEG consensus estimate of $11.32 billion by approximately $107 million. Revenue declined 4% as reported and 5% currency-neutral year-over-year. Despite diluted earnings of $0.48 per share beating the $0.43 estimate, net income fell 2% to $712 million as operating profit remained flat at $907 million. On October 2, 2026, NKE closed at $33.87, down 3.64% from $35.15. Grea

According to Jin10, multiple loud explosions were reported in Sana, the capital controlled by Houthi forces in Yemen, at midday on October 3. The incidents are suspected to be another airstrike.