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
12:04
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OpenAI Seeks $30B at $1.4T Valuation; Tiger Global Reaps $5B in Paper Gains

According to Bloomberg on Thursday, OpenAI is negotiating to raise $30 billion at a $1.4 trillion valuation. Tiger Global, which invested in OpenAI a year before ChatGPT's public launch, stands to gain approximately $5 billion in unrealized paper profits from the funding round, one of the most successful investments in the firm's 25-year history. Tiger Global co-founder Chase Coleman first invested $150 million in OpenAI at a $15.7 billion valuation in 2021, becoming the first hedge fund to back
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12:02
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BNB Chain Tokenized Stocks Grow by $106.2M in Past Week

According to Token Terminal, the market cap of tokenized stocks on BNB Chain increased by $106.2 million over the past week. The growth reflects expanding investor interest in digital assets across blockchain platforms, as competitors including X Layer and Solana also reported significant gains in their tokenized stock sectors.
SOL-3.57%
12:02
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AstraZeneca and Daiichi Sankyo's Datopotamab Deruxtecan Receives NMPA Approval for First-Line TNBC Treatment

According to AstraZeneca and Daiichi Sankyo, datopotamab deruxtecan (Dato-DXd, Dato) received approval from China's National Medical Products Administration (NMPA) to treat unresectable or metastatic triple-negative breast cancer (TNBC) patients ineligible for PD-1/PD-L1 inhibitor therapy. This marks the company's second approved indication in China and the first TROP2-targeting antibody-drug conjugate (ADC) approved for first-line treatment in this setting.
12:02
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Bitwise CEO: AI and Crypto Have Common Origins; Plans AI Expansion With Two ETF Filings

According to TheBlock, Bitwise CEO Hunter Horsley stated last week that artificial intelligence and cryptocurrency are "rooted in the same source," and the company plans to expand its AI business. Bitwise currently has two AI-focused ETF applications pending: Bitwise AI Cyber Defense ETF and Bitwise AI Bond ETF. Additionally, the firm launched the first U.S. spot NEAR ETF last week.
NEAR0.89%
12:02
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Tangem Launches Physical Visa Card With 5,000-Unit Limit and USDC Cashback Program

Tangem has expanded its Tangem Pay service with a physical Visa card and USDC cashback rewards, combining cryptocurrency functionality with conventional payment infrastructure. The initial release is limited to 5,000 white cards, each issued in the cardholder's name and usable for online, in-store, and ATM purchases. Cash withdrawals are capped at $250 per transaction, with a maximum of three withdrawals within 24 hours. The new cashback program credits rewards directly to users' USDC accounts a
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USDC0.03%
12:01
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Astrazeneca/Daiichi Sankyo's Enhertu Gains Ninth China Approval for HER2-Positive Breast Cancer

The National Medical Products Administration (NMPA) recently approved Enhertu (trastuzumab deruxtecan), co-developed and commercialized by Astrazeneca and Daiichi Sankyo, for adjuvant treatment of HER2-positive early-stage adult breast cancer patients with residual invasive disease following paclitaxel-based neoadjuvant therapy combined with trastuzumab, according to Astrazeneca. This marks the ninth approved indication for Enhertu in China.
12:01
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Strive CEO: Bitcoin Treasury Stocks Provide BTC Exposure for Authorization-Restricted Institutions Through $500B Fund Pool

According to Strive CEO Matt Cole, large institutions restricted by equity investment mandates cannot directly purchase Bitcoin or Bitcoin ETFs, and therefore turn to buying shares of Bitcoin treasury companies like Strive and MicroStrategy to gain indirect BTC exposure. Cole stated that without these vehicles, portfolio managers could not access Bitcoin exposure within the $500 billion institutional fund pool. "We are pushing BTC into the traditional finance system," Cole added.
BTC-1.47%
12:01
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Hong Kong to Take Enforcement Action Against Unlicensed Payment Platforms

According to Odaily Star Daily, Hong Kong's Financial Services and Treasury Bureau stated that it will take appropriate enforcement actions against payment platforms that operate without obtaining required financial licenses. Under Hong Kong's Payment Systems and Stored Value Payment Instruments Ordinance, any person issuing or operating stored value payment instruments without a license, unless granted statutory exemption, is in violation of law. The Monetary Authority will directly intervene i
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12:01
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Elon Musk: Tesla and SpaceX to Build and Operate Terafab AI Chip Factory, TSMC May Sublease Portion

According to Reuters, Elon Musk stated that Tesla and SpaceX will build and operate the Terafab AI chip factory in Texas, with Taiwan Semiconductor Manufacturing Company potentially subletting only a portion of the facility. Musk clarified his recent statement, saying the companies will construct and operate the factory, and TSMC "may be able to sublease a part of Terafab, but that's it."
11:56
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AI Trading Agent Startup Catalyst Closes $30M Series Seed Led by Sequoia Capital

According to Fortune, AI trading agent startup Catalyst has closed a $30 million Series Seed funding round led by Sequoia Capital, with Jump Trading, Peak XV, Lux Capital, AntiFund, Coinbase, and Premji Invest as co-investors. Co-founded by Justin Zheng and Dylan Iskandar in 2025, the company enables users to express investment objectives in natural language, with AI agents translating these into executable trading strategies—including asset selection, cost optimization, and execution—subject to
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11:55
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Russia Denies Second Unexplained Pneumonia Case in Irkutsk on October 8

On October 8, Russia's Federal Service for Consumer Protection and Public Welfare released a statement denying reports that a second case of unexplained pneumonia had appeared among contacts of a worker at the Siberian and Far Eastern Anti-Plague Research Institute in Irkutsk, calling the claims unsubstantiated.
11:55
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ECB Withholds Further Rate Hike Signals as Inflation Risks Persist, Keeps 25bp Hike on Record

According to minutes from the European Central Bank's September 9-10 meeting published on October 8, policymakers decided to avoid signaling any further policy actions, keeping all options open amid elevated inflation uncertainties. The ECB emphasized in the minutes that "notably important" was to refrain from providing guidance on future interest rate paths. Faced with significant uncertainty and upside risks to inflation, the bank noted that the most prudent approach was to acknowledge these f
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