Gate Crypto Flash News and Market Updates

According to BlockBeats, Hunter Biden released findings from an independent investigation into the LAPTOP token launch on October 7, denying that his team cashed out. He stated that founder tokens remain concentrated in a single wallet unchanged since launch, while his personal tokens are locked for six months followed by two-year vesting. The investigation, conducted by forensics firm Groom Lake, found that Market Maker 1 deployed only approximately $5,200 and fewer than 30,000 tokens to liquid

According to Bitfinex, Bitcoin traded at approximately $83,800 on October 7, holding above the weekly Keltner upper band of $81,560. The price resilience above this critical technical level reflects continued strength in the market amid recent fluctuations.

According to an announcement filed on October 7, LeadRobot (01236) agreed to acquire 100% of SABO-Maschinenfabrik GmbH, a Germany-based premium lawn and garden equipment manufacturer, for up to €6 million through its Singapore subsidiary. SABO is a high-end producer of lawn mowers and garden tools, offering gasoline and battery-powered models alongside cultivators, leaf blowers, hedge trimmers, and commercial-grade equipment. The company distributes products through a network of over 1,400 profe

According to Decrypt, Cameron and Tyler Winklevoss filed a spot Zcash (ZEC) ETF application with the U.S. Securities and Exchange Commission on October 7. The product, named Winklevoss Zcash ETF with ticker WINK, will trade on Nasdaq with a 0.25% management fee. Gemini, the brothers' exchange, will serve as custodian. Zcash has gained 812% over the past year and currently ranks 10th by market capitalization among all cryptocurrencies, according to CoinMarketCap. The Winklevoss Capital Fund indic

According to ChainCatcher citing on-chain analyst Yu Chen, the U.S. government address transferred 1,583.8 BTC worth $134 million to Coinbase Prime over the past 24 hours. Additionally, 750.2 WBTC ($62.34 million) was moved to the same exchange 15 minutes ago. In total, the government address transferred $165 million in assets during the period.

Samsung Electronics will release its third-quarter earnings on October 8, with market consensus estimating operating profit of 106 trillion won according to F&Guide data—marking the first time a Korean company will break the 100 trillion won quarterly threshold. However, analysts warn of near-term volatility risks. Goldman Sachs flagged potential mechanical selling pressure from semiconductor ETF rebalancing worth approximately 19 trillion won, while option expiry and share buyback deadlines may

According to reports from the Korean financial industry, Taekwang Industries failed to provide written responses or materials to second-largest shareholder Truststone Asset Management's public inquiry by the September 3 deadline. Instead, the company filed criminal complaints on September 14 against Truststone's representatives and one other individual, alleging defamation and business obstruction. Truststone, which holds over 5% of Taekwang's shares since June 2021, had posed 10 questions regar

According to the Federal Reserve Bank of New York, the 3-year inflation expectation in the U.S. rose to 3.3% in September, up from 3.2% in August. The 5-year inflation expectation remained unchanged at 3.9%.

Ukraine will continue implementing power cuts on Thursday, according to Ukrainian energy companies.

According to the New York Fed, households turned more pessimistic about their current and future financial conditions in September.

According to Bitmine Chairman Tom Lee at Token2049 on Wednesday, the company will halt Ethereum purchases once its holdings reach 5% of circulating supply. Bitmine currently holds 6,016,414 ETH, representing 4.9% of supply, and needs approximately 100,000 more ETH to hit the threshold. At the company's recent weekly purchase pace, this target could be reached within six to seven weeks. The NYSE-listed firm has been buying Ethereum every week since launching its treasury strategy in June 2025, pr

According to Consensys, the company has launched Glamsterdam on the Sepolia testnet today, with the Besu team successfully proposing the first fork block to ensure smooth chain finalization. The launch marks a key advancement for Ethereum's underlying infrastructure development.

According to Arbitrum's official announcement on X, the layer 2 platform will host Founder House in Singapore from October 23-25. The event will bring together notable ecosystem teams including Robinhood and Paxos to support founders and foster innovation in tokenization and programmable finance.

According to Cointelegraph, Tangem launched its first physical Visa card on Wednesday, October 1, with an initial rollout limited to 5,000 cards. The self-custodial payment offering allows users to make in-store and online purchases and withdraw cash from ATMs. Crypto card demand is concentrated in markets where access remains restricted. More than 40% of Tangem Pay virtual card transactions originate from Latin America, while over 30% come from the United States. The company cannot deliver phys

According to the Arbitrum Foundation, it has officially launched the Dune Credit Program, offering analysts 2,500 Dune credits monthly to develop and maintain public dashboards. The initiative is designed to enhance data analytics capabilities within the Arbitrum ecosystem and support the development of a programmable economy by improving data accessibility across the network.

Aptos Labs unveiled MonoMove, a major upgrade to its execution engine, on Oct. 7, designed to enable faster smart-contract execution for institutional financial applications. The upgrade targets capabilities including payment settlement, real-time order execution, and collateral valuation, with additional safeguards to protect assets during system failures. Testing with on-chain exchange Decibel showed substantial performance gains: collateral withdrawals up to 55 times faster, order processing

According to New York Fed data released in September, one-year inflation expectations rose to 3.9%, exceeding the consensus forecast of 3.64% and the previous reading of 3.58%.

According to Iran's Student News Agency, an Islamic Revolutionary Guard Corps deputy political chief claimed recently that Iran and the resistance axis have become the decisive force in the region, adding that the Persian Gulf is becoming a starting point for new regional and global order, dependent on the capabilities of regional states.

According to BlockBeats, on October 7, Injective released a completely rewritten whitepaper for the first time since December 2018. The updated version repositions Injective as a Layer 1 blockchain for institutional-grade finance and asset tokenization, covering the complete lifecycle of tokenized assets from issuance and trading to settlement. The whitepaper introduces native RWA tokenization mechanisms with role-based permissions for minting, sending, receiving, and burning. iAssets provide de

According to the Bank of Russia, the country has registered its first cryptocurrency exchange operators and digital asset custodians, with 4 firms approved as exchange operators and 5 as digital custodians. VTB Bank appears on both lists, while Sberbank, Russia's largest lender, secured digital custodian status. Sberbank plans to launch cryptocurrency products on December 1 through its mobile and investment platforms, initially offering Bitcoin, Ether and USDT. VTB expects to provide digital cur