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
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Solidigm Plans 2027 U.S. IPO Targeting $10B Fundraise, $100B Valuation: Report

According to ChainCatcher, citing sources, SK Hynix's Solidigm has selected Goldman Sachs and Morgan Stanley as lead underwriters for a planned U.S. IPO as early as 2027, targeting approximately $10 billion in fundraising with a potential valuation of up to $100 billion. JP Morgan, Citigroup, and UBS will also participate. The company is simultaneously preparing pre-IPO financing. Solidigm, formed from Intel's flash memory business acquired by SK Hynix in 2021, primarily supplies high-capacity S
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Mecka AI Completes $60M Series B Funding Round Led by Sequoia Capital on October 8

According to PANews, on October 8, Mecka AI, a robotics data startup, completed a $60 million Series B funding round led by Sequoia Capital. Nvidia, Microsoft's M12, Qualcomm, and Samsung Electronics participated in the round. Mecka AI specializes in collecting and analyzing human motion data to train humanoid robots and other robotic systems.
00:23
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Bitmain Plans to Halt Ethereum Purchases at 5% Circulating Supply, Currently 4.9% With $15.5B Holdings

According to Tom Lee, Bitmain Emergence Technologies chairman, speaking at a Singapore event on October 7, the company plans to halt ethereum purchases once its holdings reach 5% of circulating supply. Bitmain currently holds 6.016 million ETH representing 4.9% of the approximately 122.1 million circulating ETH, valued at roughly $15.5 billion at current prices. The company needs approximately 100,000 additional ETH to reach its 5% target. At the current acquisition pace, Bitmain is expected to
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ETH-4.58%
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SK Telecom, Upstage Sign AI Cybersecurity Agreement With 9 Firms and Universities Today

According to Yonhap Infomax, SK Telecom and Upstage signed an AI cybersecurity cooperation agreement today (October 8) with nine major security firms and universities including SK Shielders, SecureI, AhnLab, RAON Secure, Genians, Piolink, Korea University, Soongsil University, and Pusan National University. The alliance aims to expand their AI models into cybersecurity by training them on security data provided by participating organizations. SK Telecom's A.X K and Upstage's Solara AI will condu
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00:23
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South Korea's Offshore Won Trading Operators Increase to 10 From 6 as of Oct 7

According to South Korea's Ministry of Economy and Finance, as of October 7, registered RFI-K (Offshore Korean Won Trading) institutions increased to 10 from 6 established on September 22. Four new overseas branches were added: Hana Bank Singapore, KB Kookmin Bank London, Woori Bank China, and Woori Bank Vietnam. The expansion extends geographic coverage beyond London and Singapore into Asia. Woori Bank now operates five registered entities across London, Tokyo, Singapore, and its China and Viet
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00:22
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Anthropic Expands Claude Startups Program, Offers Free 1-Year Team Plan and $1,000 API Credit

According to its official announcement, Anthropic on October 6 expanded Claude Startups program, offering qualifying companies one year of free Claude Team access (up to 5 Premium seats), a one-time $1,000 API credit, and discounts on partner tools. Companies founded within the past 5 years or that secured funding within the last 2 years are eligible to apply. The program aims to establish Claude early in startups' development cycles, competing for enterprise customers and expanding its applicat
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00:21
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Visa Announces Stablecoin Settlements on Solana, Following Western Union Partnership

According to Solana Foundation, Visa announced it will conduct stablecoin settlements on the Solana network in recent developments, reflecting growing institutional interest in the blockchain's payment capabilities. This move follows an earlier collaboration between Western Union and Solana, further emphasizing the network's expanding role in digital payment infrastructure.
SOL-3.65%
00:19
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Peptron Stock Plunges 24.58% as Eli Lilly Tech Evaluation Concludes Without Commercialization Deal

According to Peptron's official statement, the South Korean biotech company's technical evaluation period with U.S. pharmaceutical giant Eli Lilly for its SmartDepot drug delivery platform concluded on October 7 without a follow-up commercialization agreement. On the morning of October 8, Peptron's stock price fell 32,100 Korean won (-24.58%) to 98,500 won. The company emphasized that the end of the technical evaluation does not mean the collaboration has failed, though it acknowledged the absen
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00:19
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Anthropic Launches Claude Haiku 5.5, Cuts Costs 75% on October 7

On October 7, Anthropic launched Claude Haiku 5.5, a small-sized model designed for high-frequency, low-cost, and large-scale AI applications ahead of its planned IPO. The company stated that Haiku 5.5 reduces average running costs by 75% compared to its predecessor Haiku 4.5, with pricing for prompts under 100,000 tokens at $0.10 per million input tokens and $0.50 per million output tokens—a 90% reduction from the previous generation. For longer prompts exceeding 100,000 tokens, input and outpu
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00:19
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Hurricane Forming in Gulf of Mexico Set to Threaten 15% of U.S. Crude Output Within 48 Hours

According to analyst Eamonn Sheridan, U.S. forecasters expect a storm forming in the Gulf of Mexico to become the Atlantic's first hurricane of 2026 within the next two days and potentially strike oil and gas facilities. Offshore production zones in the storm's path account for approximately 15% of U.S. crude production and 5% of natural gas output. Up to six refineries may also be affected.
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U.S. Government Transfers $670M in Crypto Assets to Coinbase Prime Over 32 Hours

According to BlockBeats and Arkham Intelligence monitoring, the U.S. government transferred a combined $670 million in crypto assets over the past 32 hours ending early October 8, including 6,215.7 BTC ($520 million), 119 million USDT, and 40,285 BNB ($31.63 million). The latest batch of 5,382.1 BTC ($448 million) was moved overnight into Coinbase Prime, with both BTC and USDT balances directed to the same custodian.
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BTC-2.61%
00:13
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Coinbase Launches PONS Spot Trading Today

According to official announcement, Coinbase launched PONS spot trading on October 8. The PONS-USD trading pair will be available in supported regions if liquidity conditions are met.
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Seoul Exchange Plans to Launch Unlisted Stock Tokenized Securities Trading in February 2027

According to Seoul Exchange's announcement on October 8, the fintech startup is preparing to launch tokenized securities (STO) trading infrastructure for unlisted stocks. The company stated it will complete its over-the-counter brokerage license application process and enable investors to trade tokenized securities, including real-world assets (RWA), starting in February 2027.
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Trump Honors Musk, Huang, and Other Tech Executives With National Science and Technology Awards on Thursday

According to CNBC, President Trump will present national honors to several technology executives on Thursday at the Science: A New Golden Age Summit. Elon Musk (SpaceX and Tesla), Sergey Brin (Google co-founder), Jensen Huang (Nvidia CEO), and Su Ziu-fei (AMD CEO) will receive the National Medal of Science, while Michael Dell (Dell founder) and Satya Nadella (Microsoft CEO) will receive the National Medal of Technology and Innovation. White House deputy press secretary Liz Huston said the Trump
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OpenAI Launches College Planner for ChatGPT on October 7, Supporting US Grades 10-12

According to OpenAI, the company added College Planner to ChatGPT for Teens on October 7, initially for U.S. high school students in grades 10 to 12 planning to attend four-year colleges. The tool organizes college application requirements, deadlines, and financial aid tasks in a single plan, allowing students to ask questions within the interface. OpenAI will also support Boston Children's Hospital's Digital Wellness Lab for three years, collaborating on digital wellbeing and AI research involv
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Vitalik Warns AI Acceleration Threatens ECDSA and Lattice-Based Cryptography on October 8

According to PANews, Vitalik cautioned on October 8 that artificial intelligence acceleration poses significant risks to cryptographic security beyond quantum computing threats. He specifically identified ML-DSA, fully homomorphic encryption (FHE), and lattice-based cryptography as emerging risk areas, warning that ECDSA security may collapse faster than anticipated. Vitalik advised users not to hastily move funds but to take the threats seriously. He recommended prioritizing hash-based cryptogr
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