Gate Crypto Flash News and Market Updates

According to GMGN data, Super Inu (SI) on the Solana blockchain surged 22.12% in 30 minutes on October 4, with market capitalization breaking $45.52 million. The rally was partly attributed to Elon Musk's statement that he would no longer use the term "AI," preferring "SI" instead.

According to PANews, Justin Sun posted 'All is well' on X on October 4, seemingly responding to community rumors. The rumors had claimed that Sun was shot in Dubai and was rushed to a hospital for emergency treatment.

According to Meta AI researcher Bi Shu-chao, the company's Muse Spark 1.1 and 1.2 models recently helped mathematicians make breakthroughs in six open-ended research areas: group theory, partial differential equations, high-dimensional probability, arithmetic physics, optimization theory, and evolution algebra. Unlike traditional AI math benchmarks, these achievements involve solving previously unsolved problems rather than answering known questions. In group theory, Muse Spark assisted research

According to South Korean financial authorities, seven financial institutions faced coordinated hacking attacks starting September 28, resulting in personal information leaks. The compromised entities included four banks (Shinhan, Hana, KB Kookmin, Busan), two savings banks (Yegaram, Welcome), and one capital company (Hyundai Capital). The attacks targeted externally exposed systems, particularly mobile pages used by employees and loan officers. President Lee Jae-myung ordered a thorough investi

According to the UK's largest breakdown recovery service, diesel prices in Britain reached 2 GBP per liter (approximately 17.75 Chinese yuan) on October 2, surpassing the previous record set in June 2022.

According to ChainCatcher and GMGN data, Solana-based meme coin SI surged past $50 million in market cap overnight, currently trading at $47.02 million with a 1-hour gain of 28.61%. The surge follows Elon Musk's post on X stating 'No more AI, SI, It's better,' referencing super intelligence over artificial intelligence.

According to Korean Economic Daily analysis of portfolios from three major South Korean securities firms, ultra-high-net-worth investors with financial assets exceeding 1 billion won sold 1.6 trillion won in Samsung Electronics and SK Hynix shares during the third quarter, realizing gains amid increased market volatility. Samsung Electronics saw net selling of 864.8 billion won, while SK Hynix saw 718.9 billion won in net selling. Instead, these investors shifted to dividend-yielding preferred s

On October 3, Bitwise CEO Hunter Horsley disclosed he had purchased the Bitwise NEAR ETF personally, without specifying the amount. The announcement came as the fund's third trading day saw net inflows of approximately $9 million, following investor purchases during NEAR's recent market pullback.

According to Bitcoin.com News, listed bitcoin miners reduced 75 EH/s of hashrate in the first half of 2026, corresponding to approximately $1.5 billion in equipment investment based on a unit price of $20 per TH/s. The primary driver was reallocation of power resources to AI infrastructure. Among 12 enterprises surveyed, cumulative asset write-downs and impairment charges totaled roughly $1.1 billion during the same period, with IREN and Core Scientific accounting for approximately 89% of losses

According to analyst Darkfost, Bitcoin's price following a power law model oscillator reached +34.5 on October 3, with BTC trading around $84,700. Based on the model's current parameters, an oscillator level of +100 corresponds to a Bitcoin price of approximately $157,800, representing an 86% increase from the current level. Darkfost clarified that $157,800 is not a fixed target price but a reference level derived from current regression parameters. If the power law trend line continues to rise,

According to Hyperliquid News, decentralized trading platform trade.xyz has surpassed 2 billion total trades, with 1.0344 million transactions being liquidations.

According to Yonhapinfomax, the euro weakened to 1.12545 USD last week ending October 2, down 1.21% from the previous week and marking its lowest level since May 2025, amid mounting concerns over France's fiscal crisis. The U.S. dollar index climbed 0.88% to 101.925, reaching its highest since April 2024, as investors shifted toward safe-haven assets. The euro's decline reflects growing uncertainty around the European Central Bank's policy stance, as ECB officials signal potential difficulty in

According to BlockBeats, Elon Musk said on October 4 that he will no longer use the term "AI" and instead prefers "SI" (Super Intelligence). The statement comes as terminology around artificial intelligence continues to evolve in tech discussions.

According to Glassnode, Bitcoin long-term holders (LTH) have remained profitable throughout the current cycle, with the LTH-MVRV indicator never dropping below 1. This marks a departure from previous bear markets since 2015, when the metric had consistently fallen below 1, indicating the group was underwater on average. Currently, the LTH-MVRV is rising again.

Bosnia and Herzegovina held elections on October 4, selecting 3 members of its Presidency and 42 deputies for the House of Representatives. The country's dual-entity structure comprises the Federation of Bosnia and Herzegovina and the Republika Srpska, each with separate electoral processes. The elections also determined representatives for the Federation's cantonal assemblies and elected the President and Vice President of Republika Srpska, alongside members of its National Assembly.

According to Jin10, on October 4, the North Bridge spanning the Dnieper River in Kyiv, Ukraine was hit by a Russian jet-powered drone. The bridge sustained surface damage, and vehicles were present on the structure at the time of the attack. Kyiv Mayor Vitali Klitschko confirmed the bridge damage via social media. No immediate casualties have been reported. Ukrainian air defense forces were conducting intensive operations in response to the strike.

According to HTX market data, Ethereum (ETH) dropped below $2,700, currently trading at $2,699.94 with a 24-hour gain of 0.65%.

According to PitchBook, Apollo Global Management acquired a majority stake in Atlantic Aviation from KKR on August 27, with Singapore's sovereign wealth fund GIC joining as co-investor. The transaction valued the private aircraft services operator at nearly $10 billion, more than double KKR's $4.5 billion acquisition price in 2021. The deal reflects widening wealth inequality, with luxury service providers catering to ultra-high-net-worth individuals' spending driving private equity investment i

According to Korea Exchange, over the past month (Sept 1 - Oct 2), foreign investors net-sold over 20.3 trillion KRW in KOSPI stocks, with Samsung Electronics and SK Hynix accounting for 84.7% of total outflows. SK Hynix saw net outflows of 12.0 trillion KRW, while Samsung Electronics saw 5.2 trillion KRW in sales. The foreign ownership ratio in SK Hynix fell to 49.76% from 50.57%, marking the lowest level since May 2023, and Samsung Electronics dropped to 46.41% from 46.71%. Despite the massive

According to the Korea Exchange's Public Disclosure System (KIND), 36 companies were delisted from the KOSPI and KOSDAQ markets in the first nine months of 2026 due to failure to meet listing maintenance requirements, a 89.5% increase from 19 delistings in the same period of 2025. The rise was driven primarily by audit opinion failures, which jumped to 18 cases from 4 last year, followed by governance transparency issues (15 cases) and market capitalization shortfalls (3 cases). The Financial Se