Gate Crypto Flash News and Market Updates

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) extended authorization for Russian diesel imports through April 2027, according to an official announcement. The Trump administration has granted the continuation of the "Russian diesel operation," maintaining the current import framework through the specified deadline.

According to The New York Times and other U.S. media citing White House officials, Katie Zacharia, a communications advisor at President Trump's Truth Social platform, has been selected as the next White House Press Secretary on October 9. The position was left vacant after Leavitt's departure in August. It remains unclear whether Zacharia will accept the position.

According to Coinbase's official statement recently shared on X, users who did not qualify for standard credit card approval may be eligible for a secured credit card requiring a cash deposit. The company noted that on-time payments help build credit history, and users can check eligibility without impacting their credit score.

According to Coinbase's official announcement, the platform introduced a USDC collateral deposit option for users not approved for the standard Coinbase One Card. Deposited USDC cannot be traded, withdrawn, lent, or transferred; funds will be used to offset any outstanding account balances if the account defaults or is closed, with remaining USDC released after the account is fully settled.

According to Yonhap Infomax, on October 9, Trump issued an executive order establishing an investigation committee to investigate Federal Reserve Governor Lisa Cook over alleged mortgage fraud. The committee must hold a hearing with Cook on November 5 at the White House, not exceeding 4 hours, to review evidence and determine whether grounds for dismissal exist. Cook's legal team expressed doubts about the procedure's legality but welcomed the opportunity to present facts proving her innocence.

Brent crude oil futures settled at $104.72 per barrel today, up 44 cents or 0.42%.

According to Jin10 Data, WTI and Brent crude both dropped over $1 per barrel on October 10, trading at $90.13 and $102.05 per barrel respectively.

During Sibos 2026, the DTCC and Chainlink announced a collaboration to launch a Collateral AppChain designed for 24/7 collateral management, with the platform expected to go live in Q1 2027. According to DTCC's Dan Doney and Chainlink's Sergey Nazarov, the AppChain will utilize Chainlink's Runtime Environment (CRE) to enable real-time orchestration between systems and data sources, addressing data fragmentation challenges in capital markets and creating a legally binding ledger for enhanced tran

This week, Sen. Richard Blumenthal sent Cantor Fitzgerald a 13-item information request on its Tether business arrangement, with responses due Oct. 23. According to the letter dated Thursday, Cantor's 5% stake in Tether rose from $600 million to an estimated $10 billion since President Trump returned to office, while Commerce Secretary Howard Lutnick and his family made over $250 million from the arrangement, including a $192 million distribution from Cantor. Blumenthal also requested details on

According to CryptoTwitter commentator @tokenterminal, Ethereum's stablecoin market cap increased by $243.4 million over the past week. Arbitrum One contributed $108.6 million and Base added $51.1 million to the sector, bringing total stablecoin market cap growth across these three chains to $403.1 million.

According to the U.S. Department of Treasury, the Office of Foreign Assets Control (OFAC) issued a temporary general license effective immediately today to allow the supply of Russian diesel to global markets.

According to President Trump, on October 10, he concluded talks with Russian President Putin in which Russia agreed to supply the U.S. and global markets immediately with over 300,000 tons of diesel. Additional supplies include 500,000 tons scheduled for November and 1 million tons to follow, with a further 3 million tons of diesel to be supplied in the near term based on Russian refinery capacity. Trump stated that combined with U.S. control of the Strait of Hormuz, diesel prices in America and

Fireblocks has recently announced new security features for its Bitcoin wallets, including hashed address types and network address rotation capabilities. Change-address rotation is available upon request. The company emphasized the importance of address hygiene to enhance security for both institutional and retail users.

According to the IAEA, the agency was alerted to a drone incident at the Zaporizhzhia nuclear power plant early this week. The incident underscores continued nuclear safety and security risks amid ongoing military conflict.

Following the release of U.S. nonfarm payrolls data today, Bitcoin rallied to $87,000 before pulling back to $86,773. The asset gained more than 3% over the past 24 hours.

The U.S. Midcontinent Independent System Operator (MISO) warned on October 9 that electricity supply is expected to tighten on October 12 due to elevated demand, according to the grid operator's alert. The warning indicates potential strain on the regional power system during the forecasted high-demand period.

According to China Earthquake Networks Center, a 7.6-magnitude earthquake struck Panama on October 10 at 01:56 UTC. The epicenter was located at 7.50 degrees north latitude and 80.65 degrees west longitude, with a depth of 10 kilometers.

According to Shanghai Gold Exchange, gold and silver T+D contracts both rose on Friday evening (October 9). Gold T+D closed up 0.85% at 905.54 yuan per gram, while silver T+D climbed 1.5% to 14,798 yuan per kilogram.

According to NEAR Protocol, the blockchain platform hosted a roundtable discussion on post-quantum cryptography earlier today (October 9). Industry leaders participated in discussions about migration strategies necessary for adopting advanced security measures. The event highlights the growing focus on cryptographic security in the blockchain sector as organizations prepare to address potential future threats.

On October 9 overnight, Shanghai Futures Exchange crude oil futures 2611 contract closed down 0.20% at 739.80 yuan per barrel. Shanghai gold futures rose 1.05%, while Shanghai silver futures climbed 2.23%.