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
22:14
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South Korea's Semiconductor Exports Hit Record $60.3B in September, Up 262.8% Year-over-Year

According to Korea Exchange, South Korea's semiconductor exports in September reached $60.3 billion, up 262.8% year-over-year to mark the highest on record. KOSPI closed the week at 7,003.74 points after recovering from post-holiday declines, setting the stage for Samsung Electronics' Q3 results on October 8, which analysts view as key to determining whether the index can consolidate above the 7,000 level.
22:13
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U.S. 10-Year Treasury Yield Surges Past 5.3%, Reaching 24-Year High as AI Earnings Season Tests Market Resilience

According to Daily An, on October 6, the U.S. 10-year Treasury yield surged past 5.3%, reaching its highest level in 24 years and pressuring equity valuations. The elevated interest rate environment has narrowed the yield gap between stocks and bonds, with the S&P 500's implied earnings yield at 5.22% now comparable to Treasury yields, reducing stocks' relative attractiveness. However, strong expectations for AI-driven earnings growth are supporting market downside. Analysts note that the third
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22:11
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Turkish Cargo Ship Hit by Russian Drones in Neutral Waters; 1 Dead, 11 Rescued

According to Ukrainian President Volodymyr Zelensky on October 5, a Turkish-owned civilian vessel carrying corn was struck by two Russian unmanned drones in neutral waters of the Black Sea. The ship's captain was killed, one crew member is unaccounted for, and 11 sailors were rescued, including one injured. Separately, Ukraine reported that an AI-powered gun turret successfully intercepted a Russian drone for the first time, marking a tactical advancement in drone defense systems.
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22:07
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South Korea's National Assembly Rejects Key Witness Hearings on Single-Stock Leverage ETF Decision on October 6

According to Daily An, on October 6, South Korea's National Assembly rejected witness hearings for key officials involved in the single-stock leverage ETF policy decision during the 22nd National Assembly's National Audit. The Democratic Party blocked the opposition's request to summon former Presidential Chief of Policy Kim Yong-beom and other related figures. This decision raises concerns that the policy's decision-making process and accountability will remain unclear. The leverage products, l
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22:06
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Federal Reserve Unlikely to Raise Rates in October, 77.3% Probability of Hold

According to CME Fed Watch on October 6, the probability of the Federal Reserve maintaining interest rates unchanged in October stands at 77.3%, with a 22.7% probability of a 25-basis-point hike. For December, the Fed is expected to hold rates steady with a 13.4% probability, while the likelihood of cumulative rate hikes reaches 67.8% for a 25-basis-point increase and 18.8% for a 50-basis-point increase.
22:04
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Nokia CEO Says Data Centers Would Be Built 2x Faster Without Supply Constraints

According to CNBC's "The Tech Download" podcast, Nokia CEO Justin Hotard said data centers could be built twice as fast without supply chain constraints. "I don't think you can say in any manner we're overbuilding today because reality is that if we could build 2x faster, our customers could build 2x faster, they probably would," Hotard told CNBC, suggesting the industry remains in early stages of AI infrastructure development. Key supply bottlenecks include shortages of memory chips and energy
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22:01
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DTCC Announces Major Push Into Tokenized Equity During Sibos 2026

According to Chainlink, the Depository Trust & Clearing Corporation (DTCC) announced a significant initiative to enable tokenized equity during the Sibos 2026 conference. Chainlink highlighted the move as a pivotal development for digital finance, emphasizing its potential to modernize asset management systems and facilitate greater institutional participation in tokenized assets.
LINK-1.75%
22:01
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Backpack Launches Cerebras Tokenized Stock CBRS on Solana with 1:1 Share Redemption on October 6

According to PANews, Backpack Securities launched Cerebras tokenized stock CBRS on Solana via Sunrise on October 6. The token trades at 1:1 ratio with Cerebras Systems shares and can be redeemed for actual equity or transferred to traditional brokerages. Cerebras is an AI infrastructure company specializing in computing systems and software for inference, training, and other AI workloads.
SOL-0.32%
22:01
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OUSD Now Live in BitGo Custody on Tempo

According to BitGo, OUSD is now live in BitGo custody on Tempo, enabling institutions to hold and manage the Open Standard stablecoin using existing wallet infrastructure for other assets. The integration allows institutional users on Tempo to seamlessly add OUSD to their asset custody portfolio through BitGo's custody service.
22:01
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Apple Debuts M5 Ultra Chip with 512GB Memory, AI Performance Up 4.3x vs M3 Ultra, Launches September 22

According to Apple's official announcement on August 25, the company introduced the M5 Ultra chip for Mac Studio, set to launch on September 22, 2026. The top-tier configuration features a 36-core CPU (12 super cores and 24 performance cores), 80-core GPU, and 32-core Neural Engine, with unified memory bandwidth reaching 1.2TB/s and maximum memory capacity of 512GB. Apple stated the new chip delivers up to 4.3x peak AI computing performance compared to the M3 Ultra, enabling users to run large l
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22:01
0

Melius Upgrades Microsoft to Buy with $665 Price Target, Sees 30% Upside on Oct 5

On Monday Oct 5, Melius Research analyst Ben Reitzes upgraded Microsoft to buy from hold, raising the price target to $665 from $465, implying approximately 30% upside. According to Reitzes, as AI development narratives shift toward risk concerns following warnings from industry leaders like Anthropic CEO Dario Amodei, investors are seeking lower-risk exposure to AI trends. Microsoft's existing software portfolio and security services are positioned to benefit from this environment, with the com
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21:56
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South Korea's Four Refiners Face 7-8 Trillion Won Loss Under Seven-Month Price Cap, Amid Export Limits and Collusion Probe

On October 6, South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank—grapple with mounting financial and operational pressures as a government-imposed price cap on fuel extends into its seventh month. The ceiling, frozen at 1,784 won per liter for gasoline and 1,773 won for diesel, has created estimated cumulative losses of 7-8 trillion won, though actual compensation remains unclear. The government allocated 5.65 trillion won for loss compensation but disputes
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21:56
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South Korean Brokerages Tap Hong Kong Retail Market as K-Stock Fever Grips Investors

South Korean securities firms operating in Hong Kong have witnessed surging demand for K-stocks this year, with retail investors and high-net-worth clients increasingly seeking direct exposure to Korean equities, particularly Samsung Electronics and SK Hynix. According to local executives, the brokerage divisions of Mirae Asset Securities, NH Investment & Securities, Korea Investment & Securities, and Samsung Securities recorded combined pre-tax profit of 321.2 billion Korean won in H1 2026, alr
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21:56
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South Korea to Allow Leverage ETF Holders With Fewer Than 20 Shares to Sell Via After-Hours Trading

According to South Korea's financial investment industry, the Financial Services Commission will announce detailed plans next month for holders with fewer than 20 shares of single-stock leveraged ETFs to exit positions. The proposed solution includes allowing after-hours closing price trades from 3:40 PM to 4:00 PM to address remaining shares that cannot be sold on the regular market after the minimum trading unit expands to 20 shares. The trading unit increase, announced in July, aims to curb e
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21:55
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South Korea's FSC to Unveil Exit Strategy for Leverage ETF Holders With Under 20 Shares Next Month

According to the Financial Services Commission (FSC), South Korea's financial regulator will announce detailed measures next month to address fractional share holdings in single-stock leverage ETFs, as it expands the minimum trading unit from current levels to 20 shares. The FSC plans to temporarily permit after-hours trading at the closing price from 3:40 p.m. to 4 p.m. daily for holders of fewer than 20 shares, allowing them to exit positions that cannot be sold during regular trading hours un
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21:55
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Fairshake Announces Support for 32 House Candidates With $6M Initial Spending in 2026 Midterms

Fairshake, the political action committee backed by Coinbase, Ripple Labs and Andreessen Horowitz, announced on Monday it would support 32 House candidates (19 Republicans, 13 Democrats) ahead of the 2026 US midterm elections, with an initial $6 million commitment to six candidates. According to Fairshake, three Republican and three Democratic candidates will each receive $1 million in spending. The group, which stated it has $122 million cash on hand, is expected to spend more than $100 million
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21:53
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Polymarket Launches Protocol V2 With $5M Bug Bounty, Mainnet Switch on November 2

According to ChainCatcher, Polymarket launched Protocol V2 on October 5, a next-generation prediction market smart contract system. The protocol rebuilds position tokens from scratch using a single ERC1155 position contract, single collateral (pUSD), and modular architecture supporting binary, atomic negative risk, incremental negative risk, and combination markets. The code underwent audits by Cantina, Certora, Quantstamp, SigmaPrime, Zellic, and Pashov, with formal verification by Certora. The
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