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
09:57
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Ledger Denies Security Infrastructure Breach, States Stolen Funds Limited to Southeast Asia Distributor

According to Ledger's official statement on X on October 10, the company denied that its security infrastructure, systems, or services were compromised. The company stated that stolen funds were limited to devices sold through CryptoBilis, a Southeast Asia-based distributor. Ledger said its team is actively investigating the issue and encouraged users to contact official customer support with questions.
09:53
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German Bundesbank Official Flags Sharply Rising European Sovereign Debt Crisis Risk

According to Michael Theurer, a member of the German Bundesbank's executive board, recent bond selloffs in Europe signal investor concerns about governments' ability to control debt levels. Theurer stated: "Current developments, including in France and the U.S., show that fiscal and political uncertainty affects government bond markets. While no systemic sovereign debt crisis exists at present, risks have risen significantly."
09:50
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Trader tetrose Holds Bet on October Fed Rate Hike, Shorts 20.95 BTC Worth $4.46M

According to BlockBeats data tracked by TradingBeats on October 10, trader tetrose continues to hold approximately 297,800 shares of "October 25 bps Fed rate hike" on Polymarket with an average entry cost corresponding to 23.42% implied probability, despite the contract currently trading at only 15.5% probability. The position is worth approximately $46,200 with an unrealized loss of $23,600. Simultaneously, tetrose maintains short positions on Hyperliquid with approximately 20.95 BTC (valued at
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09:42
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Israel's Ex-Military Chief Says Killing Khamenei Was a Mistake, Argues Successor More Extreme

According to Jin10, Israel's former Deputy Chief of Staff Yair Golan said recently at an Israeli political forum that killing Iran's former Supreme Leader Khamenei was "a mistake and not in Israel's interests." Golan argued that eliminating key Iranian leaders led to a more extreme and violent successor faction, worsening Israel's strategic position. The statement follows military action initiated on February 28, when Khamenei and several Iranian senior political and military officials were kill
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09:42
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Semiconductor Experts Question Musk's Terafab Project, Citing 1-Terawatt Capacity Goal as Harder Than Mars Mission

According to Wccftech, semiconductor experts on October 10 questioned Elon Musk's Terafab manufacturing project, citing difficulties in achieving its goal of producing 1 terawatt of computing capacity. Industry specialists emphasized that chip manufacturing has extremely high entry barriers, and achieving stable yield rates for Terafab may be more challenging than sending Starship to Mars. Samsung executives revealed that semiconductor manufacturing capability depends on decades of accumulated k
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09:42
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SlushWallet Enables Cross-Chain Deposits From 25 Blockchains, Integrates Halliday on October 6

According to SlushWallet's official announcement on October 6, 2026, the wallet platform introduced a cross-chain deposit feature allowing users to fund their accounts from 25 different blockchain networks. The integration with Halliday enables deposits via payment card, bank transfer, Apple Pay, and other methods, with users able to receive SUI or USDC directly into SlushWallet.
SUI4.58%
09:34
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Trump's Tariffs Raise Prices on 67 Product Categories by 2.9%, New York Fed Research Shows

According to New York Federal Reserve research, President Trump's tariffs raised prices on 67 product categories by 2.9% as of February 2026, a shift that would have seen these goods decline by nearly 1% without the tariffs. The Fed's analysis found that a one percentage point increase in the average tariff rate triggers approximately a 0.25 percentage point rise in consumer prices within a year, with upward price pressure expected to continue through 2027. About two-thirds of the price increase
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09:32
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Whale Transfers 10M POL to Binance Worth $987K, Facing Potential $400K Loss on October 10

According to Arkham, a whale address (0x5EC) transferred 10 million POL tokens to Binance on October 10, worth approximately $987,000. The address had previously purchased 25 million POL at around $0.1228 per token, investing approximately $3.07 million. Following POL's price decline, the whale withdrew collateral from Aave and liquidated the Binance position. If sold at current prices, the address faces potential losses close to $400,000.
AAVE4.63%
09:30
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Serpin Token Lists Only on Coinbase After TGE; Specter Questions 85% Refund Process

According to on-chain detective Specter's post on X, the Serpin token launched on Coinbase with low liquidity following its token generation event (TGE), with no listing on other major exchanges such as MEXC or KuCoin. Specter questioned why the project did not offer full refunds to participants, noting that those seeking to recover 85% of their funds must undergo an extended verification process. The project, originally scheduled for a September TGE, experienced delays.
09:24
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Hong Kong to Crack Down on Unlicensed Payment Platforms, Taking Enforcement Action as Needed

According to Mobile Payment Network, on October 10, Hong Kong Acting Secretary for Financial Services and Treasury Chan Ho-lim stated that the government will take appropriate enforcement action under the relevant statutory regulatory framework against payment platforms operating without proper financial licenses. Under Hong Kong's Payment Systems and Stored Value Payment Instruments Ordinance, operating or issuing stored value payment instruments without a license is illegal unless exempted by
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09:21
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ZEROBASE Halts DAT and Perpetual Contracts, Initiates Restructuring to Cut Costs

According to Foresight News, ZEROBASE CEO Mirror Tang announced that the zero-knowledge proof network's primary strategy is now cost optimization. The company has ended its DAT and perpetual contracts divisions due to reduced liquidity in the market, as both products were unprofitable under current conditions. ZEROBASE is cutting research and development spending, transferring some engineers to security operations, business security, and strategy development roles. Operations teams are being red
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09:21
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TRON Participates in INTERPOL Forum in Vienna to Discuss Blockchain Compliance and Digital Asset Investigation

According to Foresight News, TRON recently participated in the Fifth INTERPOL New Technology Forum (NTF) held at the Center for Complex Systems in Vienna, Austria. The forum, organized by INTERPOL's Innovation Center, Bavaria's State Justice Ministry, and the Center for Complex Systems, brought together over 100 experts from 44 countries. TRON engaged with international law enforcement agencies, policymakers, and technology experts to discuss blockchain compliance, digital asset investigation, a
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TRX-0.30%
09:19
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Spandex Prices Rise in October, with Xiaoxing Raising 1,000 Yuan per Ton; Consumption Growth Outpaces Production

According to reports on October 10, spandex prices began rising recently, with Xiaoxing announcing a price increase of 1,000 yuan per ton across all product specifications. Xinxiang Chemical Fiber raised prices by 300-500 yuan per ton, citing moderate downstream demand. Analyst Zhang Fuli from Zhuo Chuang Information noted that purchasing remains limited to immediate needs with minimal bulk accumulation. However, apparent consumption in January-August 2026 grew 10.2% year-over-year, outpacing pr
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09:18
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DeepGEM 2.0 AI Model Predicts 12 Lung Cancer Gene Targets in 1 Minute, Set to Lower Testing Costs to Hundreds of Yuan

According to a report by Mei Jing, Guangzhou Medical University's First Affiliated Hospital and Golden Medlab announced the launch of DeepGEM 2.0, a multimodal AI model for lung cancer pathology gene detection, on October 10. The model uses an "AI screening + targeted gene validation" approach to reduce lung cancer genetic testing costs to several hundred yuan. DeepGEM 2.0 can complete gene prediction in as little as one minute, simultaneously screening 12 gene targets including EGFR, KRAS, ALK,
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09:13
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China's SCIO to Hold Press Briefing on Q1-Q3 2026 Trade Data on October 14

According to Jin10, China's State Council Information Office (SCIO) will host a press briefing on Wednesday, October 14 at 10 a.m. to present the country's import and export figures for the first three quarters of 2026. General Administration of Customs Spokesperson and Vice Administrator Wang Jun will introduce the data and answer questions from reporters.
09:11
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Taiwan's State Council Criticizes Lai Ching-te's October 10 Speech for 'Disregarding Facts'

According to Taiwan's State Council for Taiwan Affairs, on October 10, the office criticized Lai Ching-te's October 10 speech as "disregarding facts and distorting truth" while "misleading the public." State Council spokesperson Zhang Han said the office will uphold the one-China principle and the 1992 Consensus, unite Taiwan's various communities, firmly combat separatist forces, oppose external interference, and maintain peace and stability across the Taiwan Strait.