Gate Crypto Flash News and Market Updates

According to Odaily, Polygon Labs completed the acquisition of Coinme, a regulated U.S. crypto payment service provider, to advance into the stablecoin-based payment market. The deal will enable Polygon Labs to control customer relationships and capture revenue previously directed to intermediaries, said CEO Marc Boiron. Polygon Labs launched its Open Money Stack in January to support stablecoin payments and cross-border transfers, with plans to generate fees from currency exchanges and fund tra

According to Onchain Lens monitoring, two dormant whales transferred 416.6941 BTC to the same address on October 17, with wallets silent for 12 to 13 years. The wallet dormant for 13 years moved 167.8402 BTC, currently valued at $13.62 million, while the 12-year-dormant wallet transferred 248.8539 BTC, now worth $20.20 million.

According to Estonian Public Broadcasting, Estonia will allocate an additional 10 million euros on October 18 to purchase U.S. weapons for Ukraine through the PURL (Priority Ukraine Resilience List) program. The PURL initiative, launched by NATO in summer 2025, enables European countries and Canada to fund U.S. arms supplies to Ukraine. Estonian Prime Minister Kristen Michal assured President Zelensky that the European Union will continue its support.

According to Jin10, Romania shot down two Geran-type attack drones over its territorial waters on Saturday (October 18), marking the latest incident amid intensified Russian attacks on Ukraine's Black Sea shipping lanes. Two Romanian Air Force F-16 fighters intercepted and destroyed the drones within minutes of radar detection, according to Romania's Defense Ministry statement. The Geran drones are a model Russia has extensively used in the Ukraine conflict.

According to Russian satellite agency TASS, on October 18, Russian Deputy Prime Minister Alexander Novak warned that oil prices would surge further if disruptions in the Strait of Hormuz persist. Speaking at Russia's Energy Week, Novak noted that supplies through the strait have not yet recovered, adding: "The market is waiting for the situation to improve, but if this continues, I believe oil prices will rise significantly."

According to White House's official X post on October 16, the White House declared that Elon Musk's flying Tesla Roadster arrived before Grand Theft Auto VI, joining a viral internet meme comparing real-world technological demonstrations to the long-delayed game release. The White House post, featuring President Donald Trump and a futuristic vehicle, stated "We really got flying cars before GTA 6." The post followed Tesla's October 15 unveiling of its next-generation Roadster prototype, which de

According to Binance, MARA stock dropped 10.12% in intraday trading on October 17, trading at $7.48.

According to Replit CEO Amjad Masad, the AI coding platform ended its partnership with Anthropic on Thursday (October 16), adopting OpenAI's ChatGPT as the default model for its platform. The decision was made based on cost, performance, and partnership factors, Masad said while speaking at TechCrunch Disrupt. Replit users can still access Anthropic's Claude models, but OpenAI is now the preferred partner powering Replit Agent. Replit was previously a top-five customer of Anthropic and had annou

According to recent reports, nine major public companies including Broadcom have objected to proposed plans to represent their shares on tokenized trading platforms involving OKX and Intercontinental Exchange. The resistance highlights unresolved questions about shareholder protections and blockchain-based securities regulation. Tokenized stocks are designed to give investors exposure to traditional shares through blockchain-linked instruments, but companies have raised concerns about market int

According to Federal Election Commission disclosures filed on October 15, the Digital Freedom Fund, backed by Gemini co-founders Tyler and Cameron Winklevoss, reported $3 million in additional advertising spending in Ohio's 2026 Senate race supporting Republican Senator Jon Husted and opposing Democrat Sherrod Brown. Cryptocurrency-backed political action committees have reported more than $52.6 million in combined spending in the contest ahead of the November 3 midterm election.

According to Jin10 data, on October 17, multiple European diplomats were attacked by Israeli Jewish settlers in the West Bank. Israel's Prime Minister's office issued a statement condemning the violence against the diplomats as "unacceptable," while calling for caution regarding the incident and noting that conclusions cannot be drawn based solely on available footage. The statement noted the diplomats entered a sensitive area without prior coordination with Israeli military and included a Frenc

Lebanese President Michel Aoun said on October 17 that Lebanon seeks to extend the mandate of the UN Interim Force in Lebanon (UNIFIL) in any form to ensure continued international presence in southern Lebanon.

According to Al Jazeera, Lebanon President Michel Aoun announced that a Lebanese military delegation will attend a trilateral meeting in Tampa, Florida next Tuesday.

According to Peter Schiff on X (October 17), gold at $4,145 represents a buying opportunity as US consumer inflation accelerates to 3.7% in September, above the 3.6% market forecast and August's 3.4% reading. Schiff argued that investors are misinterpreting the inflation surge, expecting the Federal Reserve to tighten further. Producer prices climbed 1.3% in September, their largest monthly increase since March 2022, while import prices jumped 1.1% on October 16, exceeding expectations.

According to Houthi spokesman Yahya Saree as reported by Jin10, on October 17, Houthi forces downed a Saudi Apache helicopter near Najran region in Saudi Arabia. The helicopter was conducting hostile operations against Houthi positions in the border area when it was struck by the group using what they described as appropriate weapons.

According to Jin10 Data, Iranian armed forces fired on and intercepted a vessel attempting to transit the Strait of Hormuz on October 17 at 18:15 local time. The incident occurred near the Sirik region.

Polkadot (DOT) fell 5% on October 17, reversing part of its recent recovery as selling pressure returned across smaller cryptocurrencies. DOT traded around $1.16-$1.18 after climbing toward $1.29 on October 10, giving back much of the momentum from its earlier double-digit rally. The pullback comes despite Polkadot's introduction of a 2.1 billion DOT supply cap and reduced token issuance. According to Polkadot's official documentation, the first issuance reduction took effect on March 14, 2026,

According to Reuters, Federal Reserve Chair Kevin Warsh raised concerns yesterday (October 16) that massive AI infrastructure spending could push inflation and borrowing costs higher in the near term, despite long-term productivity benefits. Speaking at the IMF and World Bank meetings in Bangkok, Warsh and other central bankers examined whether competition for financing, electricity and equipment could keep interest rates elevated as AI deployment ramps up. Warsh acknowledged AI investment was c

According to Bitcoin News, former Mt. Gox CEO Mark Karpelès criticized Ledger for failing to adequately alert customers about sophisticated hardware implants following the company's awareness of related threats in March 2026. Karpelès stated that evidence of mass-produced, self-aligned implants should have triggered a highest-level alert response, and accused Ledger of downplaying the incident by burying warnings within a Ledger Academy article. He further questioned Ledger's communication with

According to PPP prediction market tool, on October 18, a newly created account (0x57a85952044f2c8e4d31b475aab6987d2f98ebc2) purchased $482,000 in prediction shares betting on BetBoom to defeat Falcons in the CS2 Thunderpick World Championship 2026 semifinals. The account opened at an average price of 28.2 cents per share, acquiring 1,714,477.9 shares. The match begins at 1:00 AM on October 18 in a best-of-three format, with the winner advancing to the finals.