Gate Crypto Flash News and Market Updates

During a "Technology and Society" forum panel in Kyoto last Sunday, SoftBank Group chairman Masayoshi Son expressed concern about artificial intelligence safety risks as machines rapidly gain capabilities. Son stated that AI's exponential growth in power requires countries to establish mutual trust and work together to manage the technology. He emphasized that humanity no longer has the luxury of nations competing against each other, and warned that advanced AI models in the wrong hands could be

According to Iran's Tasnim news agency, the deputy director of Iran's presidential office announced today that Paksam Nejad's resignation, previously submitted for personal reasons and initially rejected, has now been accepted by the president.

Medicare Advantage premiums are projected to decline 16.5% in 2027, dropping from $14.37 to $12.00 per month, according to the Centers for Medicare and Medicaid Services. The agency finalized a 2.48% average increase in federal payments for 2027, equivalent to more than $13 billion in additional funding. Despite the premium decline, major insurers including UnitedHealthcare, Aetna, and Humana are tightening provider networks and reducing market coverage. UnitedHealthcare will limit only about 66

According to Onchain Lens, a Gnosis Safe related to Ethena withdrew 115.758 million ENA tokens worth $27.96 million from Bybit over the past 9 hours, with a recent single withdrawal of 62.58 million ENA valued at $14.86 million occurring 37 minutes ago.

According to Maple Finance, the digital asset lending protocol is preparing for TOKEN2049 in Singapore next week with a focus on attracting institutional capital from the Asia-Pacific (APAC) region. The team, including @syrupsid, @joedefi, and @MartindRijke, plans to meet with treasuries, exchanges, market makers, and allocators at the event to establish partnerships and foster relationships within the digital finance sector.

According to Token Terminal, tokenized stocks on Solana achieved $12.4 billion in decentralized exchange (DEX) trading volume year-to-date as of early October 2026. Raydium leads the activity with $6.1 billion in trading volume, followed by Meteora at $2.3 billion and Orca at $1.2 billion. The trading volume reflects growing adoption of tokenized assets on Solana's blockchain.

According to China Earthquake Network, a 3.7-magnitude earthquake struck near Gaoxian County in Yibin, Sichuan province on October 5 at 1:19 a.m. (coordinates: 28.56°N, 104.66°E). The network notes that this is an automated preliminary report; final results will be confirmed by official rapid assessment.

According to the Ethereum Foundation, the zkAPI system launched on October 1, allowing users to deposit ETH, USDC, or other supported assets into onchain vaults and authorize API usage with zero-knowledge proofs. The system separates the payment relationship from the API request itself: users first deposit funds into a smart-contract vault, then generate a zero-knowledge proof to show they have sufficient balance without revealing their identity. The zkAPI server verifies the proof and issues a

According to Al Masirah TV, Saudi Arabia carried out airstrikes on Yemen's capital Sana'a on October 3. The report did not provide details regarding the targeted sites or casualties, and Saudi authorities have not yet commented on the incident.

According to Salus security researcher on October 5, Revenue Family project involved a malicious authorization vulnerability where attackers exploited user permit signatures to gain unlimited USDG approval. Funds were then transferred via a single transaction using transferFrom, with assets split in an 80-20 ratio to two attacker-controlled addresses.

According to Salus, a security researcher posting on X, the Revenue Family project — claiming to be an X Money withdrawal bridge — exploited malicious authorization to steal user funds. Attackers obtained unlimited USDG authorization by submitting user permit signatures, then called transferFrom within the same transaction to drain funds. The stolen assets were distributed in an 80/20 split to two hacker-controlled addresses. On October 1, the project claimed its social media account was comprom

According to Apple's official statement, the company plans to strengthen Mac privacy controls on Friday by requiring explicit user action to grant third-party applications—including AI agents—full disk access. The new measures will restrict applications' ability to access system files, emails, messages, and browsing history without clear user authorization. Apple warned that the risks associated with granting broad data access permissions to third-party software, particularly AI agents, are risi

According to Yonhapnews, on October 2, Seoul Southern District Court accepted provisional disposition requests from Jooyeon Tech (listed on KOSPI) and KM Pharma (listed on KOSDAQ), suspending the delisting decision's effect until the main lawsuit is finalized. The court ruled that companies lacked sufficient procedural rights and predictability during rule changes. The Financial Services Commission and Korea Exchange had accelerated market cap thresholds from the originally planned 2027 start to

On October 2, Seoul Southern District Court granted preliminary injunctions filed by KOSPI-listed Jooyeon Tech and KOSDAQ-listed KM Pharma, halting delisting proceedings against them pending final judgment. The court ruled that the Korea Exchange lacked sufficient procedural safeguards and foreseeability when accelerating market cap-based delisting criteria. The FSC and Korea Exchange had advanced the application of stricter thresholds to July 2026—from originally planned for 2027 and 2028. Curr

According to Nikkei news, Saudi Arabia and the UAE announced on Thursday they will assist Asian nations in building strategic oil reserves. The announcement came during a ministerial meeting in Manila attended by the Asia Zero Emission Community, a group of 11 countries led by Japan. Both Saudi and UAE government officials will participate in special consultations expected to express cooperation intentions on oil reserves. The framework will be discussed further at the International Energy Forum

According to Kevin Hassett, director of the White House National Economic Council and chief economic advisor to President Trump, Powell should step down from the Federal Reserve Board on October 5. When asked on Fox News' Sunday Morning Futures whether Powell should resign, Hassett stated: "I think it's time for him to leave and respect the independence of the Fed." The remarks followed an internal report highlighting management issues with renovations at the Federal Reserve headquarters.

According to Novosti, Kyiv has begun experiencing power outages.

On Oct. 2, Japan added Russian cryptocurrency exchange Garantex to its asset-freeze list as part of a new sanctions package targeting Russia, following earlier enforcement actions by the United States and European Union. The measures cover 33 Russian entities and 9 individuals; payments and certain capital transactions with listed parties now require Japanese government permission under the Foreign Exchange and Foreign Trade Act. Japan also designated 35 vessels as part of measures targeting mar

According to Jin10, citing Israeli military statement, on October 4, Israeli military chief Zamir announced comprehensive troop expansion plans during a high-level command meeting. The military cited lessons from the October 7, 2023 attack, stating that future strategy will prioritize "preparedness for sudden warfare" and elimination of security threats in their nascent stages. Zamir emphasized that Israel's lack of strategic depth and exposure to multi-front threats necessitate military expansi

According to ChainCatcher, victims of the Drift hack on Solana initiated claims, with verified losses of approximately $295.4 million matched by an initial recovery pool of $3.11 million. Victims can exchange DFX tokens for USDT at a rate of approximately 1.04 cents per dollar lost—meaning $1,000 in losses corresponds to around $10.40 in redemptions. The recovery pool will be replenished by daily net protocol revenue from Velocity (Drift's rebuilt and renamed exchange), up to $127.5 million comm