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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Prediction Market Account Bets $123K on BRO Victory in LOL Demacia Cup Quarterfinal vs LGD on Oct 13

According to PPP prediction market tool monitoring, a wallet (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) that earned $430K in profit over the past week purchased $123K worth of position predicting BRO's victory over LGD in the League of Legends Demacia Cup global invitational quarterfinal. The account bought 259,643.3 shares at an average entry price of $0.475 per share. The match begins Oct 13 at 5:30 PM (EST) in a best-of-five format, with the winner advancing to the semifinals.
07:56
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Japanese Tankers Resume Direct Loading of Middle Eastern Crude Since February Conflict Escalation

According to ship tracking data and vessel brokers, Japanese-affiliated tankers are resuming direct shipments of crude oil from the Middle East since early October, marking a cautious recovery after avoiding broader Persian Gulf routes since the February escalation. A supertanker owned by Idemitsu, the IdemitsuMaru, departed the Gulf in April and returned to Japan in early October carrying full Omani crude loaded at Fujairah. Brokers indicate at least two additional Japanese-controlled supertank
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07:56
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JingWang Electronics Denies Nvidia Order Reduction Rumors, Confirms Strong Q3 Order Book Today

According to the company's official response today (Oct 13), JingWang Electronics denied specific claims regarding Nvidia order reductions. The chipmaker stated that due to commercial confidentiality agreements, it cannot disclose details about specific customer collaborations. However, the company confirmed that as of end of Q3 2026, its order backlog in AI servers, data centers, and high-speed optical modules remains robust, with high capacity utilization rates and yields.
07:55
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China's Wang Yi Meets UAE President's Special Envoy on October 13

According to Jin10, China's Wang Yi, director of the Central Foreign Affairs Office, met with Haledon, the UAE President's special envoy on China affairs, on October 13. Wang stated that the Middle East region is experiencing profound changes with ongoing conflicts at multiple levels, emphasizing that peace, dialogue, and fairness are increasingly the common aspirations of regional peoples. He reiterated that China remains a builder of Middle East peace, a promoter of stability, and a contributo
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07:55
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Binance Pool Closure Requires Miners to Change Endpoints by November 10

According to Binance, the exchange will discontinue Binance Pool and related mining services at 07:00 UTC on November 10, 2026. Miners must redirect their equipment to another pool before the cutoff to avoid interruption in Bitcoin mining activity. Binance said the discontinuation is part of its ongoing review of products and services. The closure ends an operation that has run for more than six years. Beyond the core pool, Pool Savings, Cloud Mining, Transaction Accelerator, mining pool APIs, a
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BTC-0.13%
07:53
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China's Commerce Minister Meets Danone CEO on October 12 to Discuss Investment and Trade Ties

On October 12, Chinese Commerce Minister Wang Wentao met with Danone CEO Antoine Riboud to discuss the company's development in China and bilateral trade relations between China, Europe and France, according to the Commerce Ministry. Wang stated that China remains committed to expanding high-level opening-up, noting that the consumer market continues to grow with evolving consumption patterns, offering foreign enterprises broad opportunities. He welcomed Danone to increase investment and innovat
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07:52
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SEC Grants Tokenized Stock Exemption as CFTC Issues Relief After CLARITY Act Fails

On September 17, the SEC granted a five-year exemption for on-chain trading of certain tokenized stocks, while the CFTC issued no-action relief for passive software providers, according to regulatory announcements. Both actions followed the Senate's September 15 cloture vote failure on the CLARITY Act. SEC Chairman Paul Atkins stated the agency would act "with or without legislation" within its statutory authority, while CFTC Chairman Michael Selig described the CFTC as "locked in and ready to s
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07:52
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Methanol Futures Fall Over 6%, Soda Ash Down 3% on October 13

According to Guru Club, on October 13, methanol futures in China fell over 6% at market close, with soda ash and NR declining more than 3%. Ethylene glycol, alumina, and zinc fell over 2%, while fuel oil and pure benzene rose approximately 6% and 4% respectively.
07:52
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South Korea Blocks 27 Unregistered Crypto Exchanges Including KuCoin, MEXC, BingX on October 13

According to South Korea's Financial Intelligence Unit, on October 13, 2026, the country ordered domestic access restrictions on 27 websites operated by unregistered cryptocurrency exchanges, including KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, BTCC, BitMart and DigiFinex. The restrictions target providers operating without registration required under South Korea's financial transaction reporting legislation. The Korea Media and Communications Standards Commission approved the measures
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07:52
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Binance Reviews Korean Equity Investment Products Targeting Top 10 Stocks

According to Fortune, Binance co-CEO Richard Teng announced on Oct 13 that the exchange is reviewing Korean stock investment products following user demand for exposure to the country's top 10 stocks. Speaking at TOKEN2049 in Singapore, Teng said user interest extends to equities in Hong Kong, Taiwan, and Brazil as well. The move represents Binance's continued expansion beyond crypto assets into traditional financial markets, following its earlier launches of tokenized U.S. stocks and commodity
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07:51
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BlackRock's Bitcoin ETF IBIT Posts $65.40M Outflow on October 12

According to crypto commentator @WuBlockchain, Bitcoin spot ETF IBIT experienced a $65.40 million outflow on October 12, accounting for the entire outflow from Bitcoin spot ETFs that day. The same period saw Ethereum spot ETFs record a $85.39 million outflow, extending their streak of net outflows to ten consecutive days.
BTC-0.13%
ETH-1.34%
07:46
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Morgan Stanley: Memory Chip Stocks Surge 9x Yet Remain Undervalued Amid Super-Cycle

According to Morgan Stanley, storage stocks have surged 9 times since the beginning of the current cycle, yet the market has not fully valued the memory super-cycle with traditional pricing multiples. Morgan Stanley favors Samsung, SK Hynix, and Kioxia for selective memory chip exposure, citing earnings revision momentum slowdown across the sector.
07:45
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Character.AI Files for Chapter 11 Bankruptcy, Agrees to Sell Assets to Disney for $20M

According to Reuters, Character.AI filed for Chapter 11 bankruptcy on October 12 and agreed to sell assets to Disney for $20 million. The AI dialogue platform has initiated a court-supervised asset sale process, which includes licensing of intellectual property, with Disney designated as the lead bidder. Other bidders may submit higher offers. The company expects the sale process to complete by late November or early December 2026 and plans to continue operating its platform during the procedure
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07:43
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Tech Giants to Surpass U.S. Government in Long-Term Debt Issuance by 2027, Says Sunak

According to Rishi Sunak, advisor at Anthropic, speaking at the Bloomberg New Economy Forum on October 13, technology giants including Meta, Alphabet, Amazon, Microsoft, and Oracle will surpass the U.S. government as the largest net issuers of long-term debt by 2027 amid surging AI infrastructure investments. As of early September 2026, global AI-related debt issuance reached approximately $450 billion, double the 2025 annual total, with 2027 hyperscaler bond issuance estimated between $250 bill
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07:42
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Bybit Collaborates with Mantle to Launch mStocks Tokenized Stock Product Next Month

According to Bybit co-founder and CEO Ben Zhou, Bybit and Mantle are collaborating to develop mStocks, a tokenized stock product set to launch next month. The mStocks will be backed 1:1 by real stocks and allow users to convert between actual stocks and mStocks around the clock on the Bybit platform. Tokenized mStocks can be traded on Mantle via AMM liquidity pools and deposited into Bybit's Unified Trading Account (UTA) to serve as collateral for other trades. Bybit's existing Stocks product al
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MNT-3.80%
07:41
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Hong Kong SFC Chief Warns of Rising Investment Fraud in Digital Age; Scams Average HK$700k Loss

According to Foresight News, Hong Kong Securities and Futures Commission Chief Executive Officer Huang Tianyu delivered a speech titled "Sharpening Investor Judgment in the Age of Digital Fraud" during the International Organization of Securities Commissions (IOSCO) World Investor Week 2026. Huang highlighted that investment fraud is increasingly initiated via social media and instant messaging platforms, with AI enabling rapid generation of false identities and backstories. Online investment sc
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