Gate Crypto Flash News and Market Updates

According to the Reserve Bank of Australia (RBA), on Tuesday the central bank raised its cash rate by 25 basis points to 4.6%, marking its highest level since 2011. The decision was unanimous. The RBA cited multiple inflation pressures: Middle East conflict disrupting global oil supplies, strong AI-related demand driving energy costs, and domestic issues including weak productivity growth and excess demand. Bitcoin gained 0.4% on the day but fell 3.64% over the week to US$83,338, while Ethereum

According to Israeli Channel 13, a suspected hijacked aircraft carrying approximately 100 Israeli passengers is currently over Saudi Arabian airspace. The Israeli Air Force has scrambled fighters in response, while Saudi combat jets are escorting the aircraft. Authorities are investigating the incident and determining whether the situation resulted from human error or intentional action.

According to ChainCatcher, Telegram's Wallet has been rebranded to Walt and will continue to offer trading, investment, yield products, multi-chain assets, and cross-chain transfers. Walt plans to launch a crypto card and introduce AI-powered conversational trading features. Existing users require no account or fund migration.

France's September CPI month-over-month initial reading came in at -0.3% in September, below the consensus forecast of -0.6% and down from the previous month's reading of 0.70%.

France's September consumer price index (CPI) came in at -0.3% month-over-month, missing the forecast of -0.5% and shifting from a 0.7% increase in August.

France's Producer Price Index (PPI) increased to 4.8% year-over-year in August, up from 3.4% in the previous month.

France's household consumption spending declined 0.5% in August on a monthly basis, falling short of the expected 0% forecast, according to official economic data. The prior month's reading was also revised downward to 0.4% from an initially reported 0.50%.

France's September consumer price inflation rose to 3% year-over-year, exceeding economist forecasts of 2.8% and climbing from August's 2.4%, according to preliminary data released by national statistics authorities.

France's producer price index increased 1% month-over-month in August. The prior month's figure was revised upward to 1.3% from the previously reported 1.1%.

France's September harmonized consumer price index (CPI) came in at 3.4% year-on-year in its initial reading, exceeding forecasts of 3.1% and rising from 2.60% in the previous month.

French household consumption spending slowed to 0.8% year-on-year in August, declining from 1.40% in the previous month.

According to BlockBeats, Lumentum rallied 6% on September 30 as Nvidia's chip-packaging optics (CPO) deployment progressed faster than expected, spurring demand for AI data center interconnects. GF Securities predicts Lumentum's CPO laser revenue will grow from $427 million in 2027 to $750 million in 2028, while near-packaging optical (NPO) laser revenue is expected to surge from $501 million to $2.55 billion in the same period, maintaining a buy rating. Concurrently, Citi raised Lumentum's pric

According to CNBC on Sept 29, Goldman Sachs' board is considering replacing CEO David Solomon (64) with President and Chief Operating Officer John Waldron (57) as early as next year, according to a Wall Street Journal report. However, the succession plan faces a critical challenge: Solomon may not be ready to step down, and Waldron may be unwilling to wait indefinitely. Under Solomon's leadership, Goldman Sachs achieved record results in the first half of 2026, advising on over $1 trillion in M&

According to Reuters, Israeli Prime Minister Benjamin Netanyahu and security officials held consultations today regarding a Dubai airline flight traveling from the United Arab Emirates to Israel that deviated from its planned route. The aircraft transmitted a 7700 emergency code during its flight and subsequently lost contact with ground control.

The U.S. House Committee on Oversight and Government Reform has expanded its investigation into potential insider trading on prediction markets, issuing information requests to Hyperliquid, Crypto.com, and Aristotle Exchange. The committee is examining how the platforms detect and prevent the use of material nonpublic information in trading. The inquiry seeks details about the platforms' policies, surveillance systems, and procedures for identifying suspicious trading activity. The expansion bro

According to Foresight News, Bybit launched three stock perpetual contracts for Twist Bioscience (TWST), Rum Group (RUM), and Carvana (CVNA) today, with maximum 25x leverage. The platform is offering limited-time trading fee discounts: 0% for limit orders and 50% off for market orders.

According to SlowMist, MUSystem recently lost approximately $36.9K following an exploit that targeted flaws in its smart contract deposit and withdrawal mechanisms. Sixteen newly created addresses extracted ETH without proper limits, triggering the significant loss. The exploit involved a critical vulnerability in the contract's core functions, raising security concerns within the decentralized finance community.

According to SlowMist, Bitget engaged the security team to investigate a hot wallet theft that occurred on September 25. The unauthorized access and fund transfer lasted approximately 2 hours and 52 minutes, beginning at 02:31. The investigation uncovered malicious activity exploiting a zero-day vulnerability in a third-party product used by the exchange. Unauthorized access to the third-party platform's management interface was also discovered, and a customized withdrawal tool used in the attac

According to SlowMistTeam, MCNLabs recently suffered a loss of approximately $92.6K due to a vulnerability in its LPBonus reward contract. The flaw allowed an attacker to manipulate reserve values in the reward accounting system, enabling excessive rewards to be claimed by a newly registered liquidity provider. The exploit stemmed from inconsistencies in how reserve values were calculated within the contract's reward mechanism. Security researchers flagged the incident after the attacker success

According to Bitget, ZRO briefly touched $1.88 USDT in the past 24 hours and now trades at $1.85 USDT with a 21.05% gain.