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
03:31
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OpenAI Revenue Falls to $50B From $68B This Week, as Tech Giants Pursue Diverging AI Strategies

According to a Financial Times report Thursday, OpenAI told prospective investors its annualized revenue was approaching $50 billion, down from roughly $68 billion reported two months earlier. The gap partly reflects different accounting methods; Anthropic includes cloud partner revenue while OpenAI does not. The disclosure has refocused investor scrutiny on whether AI companies can translate heavy infrastructure spending into durable returns. Meanwhile, major tech companies advanced diverging A
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03:31
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Apple Cuts iPhone 18 Pro Component Orders by 15% in October Amid Weak Demand

According to MarketWatch and Nikkei Asia, Apple reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by approximately 15% in October due to weaker-than-expected global demand. The reduction followed the devices' September 9 launch. Apple's stock fell 1.1% to $336.64 on Friday following the news. While initial sales in China appeared strong, global demand has softened as memory chip prices surge.
03:25
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SkyAI Transfers 568,000 SOL to Exchanges Over Past Three Days

Gate News message, SkyAI, which holds over 2 million $SOL (valued at $220M), has transferred 568,000 $SOL ($63.87M) to exchanges over the past 3 days. The entity's average purchase price stands at approximately $194. At current prices, these holdings would represent a loss of approximately $46M if sold.
SOL-0.48%
03:25
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US DOJ Reviews Binance's Post-Settlement Iran Sanctions Compliance; $61M Forfeiture Action Filed

According to the US Department of Justice, the Manhattan US Attorney's Office and DOJ Criminal Division are reviewing whether Binance has complied with its November 2023 settlement agreement, with a focus on possible violations of US sanctions against Iran. On September 15, 2026, the DOJ filed a civil forfeiture action seeking $61 million in digital assets connected to transactions allegedly involving Hong Kong entities accused of helping move payments tied to Iranian oil sales. The investigatio
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03:24
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Starknet Surges to 9-Month High on L2-to-L1 Transition Plan, STRK Up 19-40% on October 8

According to Crypto Briefing, on October 8, 2026, Starknet announced it is considering transitioning from an Ethereum layer 2 to an independent layer 1 blockchain. STRK, the project's native token, rallied to roughly $0.07–$0.073, its highest level in nine months, with reported gains ranging from 19% to 40% across October 8–9. The proposed shift aims to achieve full quantum resistance by 2027, faster than Ethereum's targeted 2029 timeline. Starknet's transition would grant direct control over co
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STRK11.88%
ETH0.08%
03:23
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Three Senate Democrats Report Billions in Tax Revenue Lost to Data Center Incentives on October 9

According to a report released on October 9, 2026, Senators Elizabeth Warren, Chris Van Hollen, and Richard Blumenthal found that state and local governments have surrendered billions in tax revenue through incentives offered to major tech companies building data centers. The investigation examined seven firms: Amazon, Alphabet, Meta, Microsoft, CoreWeave, Digital Realty, and Equinix. The senators concluded these companies actively pursue sales tax exemptions and other subsidies while failing to
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03:23
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CFTC Issues Rule Redefining Event Contracts as Swaps on October 9

The CFTC issued an Interim Final Rule and proposed rulemaking on October 9, 2026, proposing to classify event contracts tied to sports, politics, and weather as swaps under federal derivatives law. The interim rule excludes casino-style gambling products from the swap definition, while the proposed rule would bring event contracts traded on CFTC-registered exchanges under federal oversight. Public comment periods on both rules are due within 30 days of publication.
03:22
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HSBC and Ant Digital Test AI Agents for Tokenized Deposit Micropayments

According to Cointelegraph, HSBC and Ant Digital have tested a system enabling AI agents to access digital services and make micropayments using tokenized bank deposits, with transactions settling in real-time on a blockchain testnet. The test combines HSBC's tokenized deposit service with Ant Digital's Anvita Flow network. HSBC provides settlement capability and real-time risk checks, while Ant Digital coordinates service access and payments. Both parties stated the test is a technology validat
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FLOW8.09%
03:18
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China's LPG Market Prices Rise 5.28% in Late September, Up Third Consecutive Month in October

According to Jin10 Futures, China's liquefied petroleum gas market prices rose 5.28% in late September, with the national LPG index averaging 7,519, up 377 points from the previous period. Rising import costs amid tight Strait passage conditions and reduced output from domestic refineries maintained tight supply levels. LPG crude oil prices (CP) continued climbing for the third consecutive month in October. Amid persistent supply constraints from Middle Eastern regions and elevated import costs,
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03:17
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Zhida Technology Unveils AI Energy + Robotics 2.0 Strategy, Launches 10,000-Unit Annual Capacity Base on First Listing Anniversary

According to Guolian Finance, on October 10, Zhida Technology (02650) marked its first year on the Hong Kong exchange by unveiling its 2.0 strategy, repositioning itself as an 'AI-driven smart energy and integrated robotics solutions provider' across home and public scenarios. The company announced a joint venture with Ningbo High-Tech Zone to build the world's first 10,000-unit annual capacity manufacturing base for autonomous charging robots. In the first half of 2026, Zhida's overseas revenue
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03:16
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Visa Predicts 1.2 Billion Stablecoin Users in Asia-Pacific by 2031

According to Visa's latest report, the Asia-Pacific region is projected to have around 1.2 billion consumers adopting stablecoins by 2031, driven by cross-border payment demand. The region is emerging as one of the fastest-growing markets for stablecoin adoption globally.
03:13
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Binance Smart Money Account Loses $907K on LOBSTER After $2.19M Peak Gain, Exits on October 2

According to PANews and Ai姨 monitoring, Binance perpetual futures trader "Dan Laopo" (单老婆) suffered a $907,000 loss after exiting a long position in LOBSTER on October 2, giving back all gains from a prior $2.19 million floating profit peak. The account had held 18.29 million LOBSTER tokens worth $5.75 million at peak value. LOBSTER hit its all-time high of $0.3143 on September 21 before collapsing significantly. The trader closed the position at an average price of $0.09374 after holding for ap
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03:12
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Qualcomm Reportedly Pursues Ambarella Acquisition, Stock Soars Over 7% on October 9

According to Betaville, on October 9, Qualcomm was reported to be considering acquiring chip design company Ambarella and is collaborating with advisors to evaluate the potential transaction. The acquisition rumor drove Ambarella's stock to surge over 7%. Ambarella is also reportedly working with investment banks and discussing a potential acquisition with NXP Semiconductors and Qualcomm, with discussions said to be in advanced stages, though no deal has been confirmed.
03:10
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China and Australia Hold 26th Foreign Ministry Political Consultation on October 9

According to China's Foreign Ministry, Vice Foreign Minister Ma Zhaoxu held the 26th China-Australia Foreign Ministry Political Consultation with Australian Department of Foreign Affairs and Trade Secretary Greg Anstey in Beijing on October 9. The two sides exchanged views on bilateral relations and international and regional issues of common concern.
03:10
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Visa Survey: 46% of Asia-Pacific Consumers May Use Stablecoins Within Five Years

According to a recent Visa survey covering 14,250 respondents in Asia-Pacific, 46% of consumers said they may use stablecoins within the next five years, while 16% have actually used them in the past 12 months. About 49% believe stablecoins will become a common cross-border transfer method within five years. However, significant knowledge gaps persist: only 6% of respondents accurately understand how stablecoins work, while 49% of those aware of stablecoins believe they can only be used for buyi
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03:07
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Bitwise Solana Staking ETF Sees $3.76M Outflows Overnight on October 9

According to SoSoValue, Bitwise Solana Staking ETF (BSOL) experienced net outflows of $3.76 million on October 9 (U.S. Eastern Time), representing the sole SOL spot ETF with outflows that day. Despite the single-day outflow, BSOL has accumulated $1.199 billion in net inflows since inception.
SOL-0.48%