Gate Crypto Flash News and Market Updates

According to @WuBlockchain, Drift Foundation officially launched DFX redemptions for users affected by the April 1 incident, offering 1 DFX per $1 lost. Each DFX token is currently redeemable for approximately $0.01. The Recovery Pool backing these redemptions holds approximately 3.11 million USDT, funded by strategic partners including Tether. The claim process is now live with a deadline of January 1, 2028. Redeemed DFX tokens will be burned, reducing overall supply.

Robinhood Wallet has integrated Arcus API as a liquidity source for Stock Token spot swaps, according to FinanceFeeds. Eligible users in supported jurisdictions can now access more than 190 Stock Tokens through routing to Arcus alongside other providers. Arcus uses a request-for-quote system in which professional market makers compete for trades rather than drawing from a passive liquidity pool. The DEX reported over $5 billion in cumulative volume, $28 million in total value locked and more tha

According to Foresight News, Fairblock has announced the launch of CUSD, a privacy-enabled stablecoin on Arbitrum. Built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate, CUSD allows both public transfers and privacy-protected transactions that hide payment amounts and account balances. Institutions can use it to protect payroll disbursements, treasury management, and OTC settlements, while individuals can conceal on-chain payment amounts and transaction flows.

According to The Block, citing remarks by ECB Executive Board member Isabel Schnabel at Thursday's Bank of England Future of Money conference in London, the European Central Bank is exploring three methods to bring central bank money on-chain. The first involves the central bank directly issuing reserves on programmable platforms; the second maintains the ECB's existing real-time gross settlement system and connects it to distributed ledger technology via an interoperability layer; the third tok

According to Arthur Hayes, chief investment officer at Maelstrom, speaking at CONNECT by Cointelegraph's Seoul Edition on Tuesday during Korea Blockchain Week, U.S. policymakers could lift cryptocurrency prices by printing money to support artificial intelligence development and finance government debt. AI companies need trillions of dollars to fund data centers even as service prices fall, leaving limited options beyond monetary expansion, Hayes said. The panel also featured discussions on Wall

According to an EU spokesperson, the European Commission and EU member states held a coordination meeting this morning. Further discussions may take place in the afternoon.

According to the official XRP Seoul program, Ripple will host a special announcement session on October 3 from 2:15 p.m. to 2:35 p.m. during Korea Blockchain Week. Ripple ecosystem growth manager Tatsuya Kohrogi and XRP Asia president Sabrina Tachdjian are scheduled to speak on "What's Coming Next for the XRP Ecosystem in Asia." XRP was trading at $1.52 on October 2, up 1% over the previous 24 hours.

According to SolanaFloor monitoring, Circle minted approximately 750 million USDC on Solana in the past 24 hours on October 2.

According to an EU spokesman, the next meeting of the EU Oil Coordinating Group is scheduled for October 15. The spokesman added that the group is prepared to convene earlier if circumstances require.

According to MetaQuotes, the company has added Benzinga News to MetaTrader 4, MetaTrader 5, and MetaTrader.com, providing traders with real-time US market coverage directly within trading interfaces. The feed is available in multiple languages with a one-month free trial offered globally. Brokers can distribute the content through dedicated channels to their clients, creating a separate distribution route beyond MetaQuotes' own website.

According to BlockBeats citing GMGN data, Solana's privacy-focused token MASK hit a market cap of $35 million on October 2, marking a new all-time high with a 24-hour surge of over 70%. Current market cap stands at $34.91 million with $2.7 million in trading volume.

According to Zhitong Finance, Botai Auto (02889) completed the acquisition of 70% stake in Chengdu Mingyi Electronic Technology on October 2, 2026. The company acquired 53.5186 million shares for a total consideration not exceeding 1.4 billion yuan. Following the transaction closing, Botai Auto now holds a combined 53.5186 million shares representing approximately 70% of Chengdu Mingyi's issued share capital, making it a non-wholly-owned subsidiary. Chengdu Mingyi's financial results will be con

According to QCP, cited by PANews, Bitcoin broke through $86,913 on October 2, marking its highest level since September 23 and representing a 14.6% gain from the September 15 low. QCP attributes the rally to concentrated capital flows rather than inflation concerns, as the 9-month movement shows rising real rates and stable breakeven inflation expectations paired with higher Treasury supply and weak auction demand. Bitcoin gained 12% while gold declined 8.5%, reflecting real rate signals. Spot

According to MBN News, Woori Bank experienced a data breach affecting 17,000 personal records in July. Security experts claim to have found traces of a Chinese AI hacking tool named ARTEX embedded in the server source code, with Chinese language markers present. While the attack's perpetrators and motives remain unclear, analysts attribute the breach to credential stuffing attacks—an automated process where compromised usernames and passwords are repeatedly tested until successful access is gain

According to Korea Exchange, foreign investors sold 16.45 trillion won (approximately $12.4 billion) of Samsung Electronics and SK Hynix combined throughout September, with SK Hynix accounting for 11.58 trillion won of the outflows. Despite the massive selling of the two semiconductor giants, foreign investors simultaneously purchased 1.084 trillion won across three K-semiconductor ETFs during the same period, including TIGER Semiconductor Top 10 (641 billion won), ACE K-Semiconductor Top 2+ (26

According to market data, French bond risk premium rose to 150 basis points recently, marking the highest level since 2012.

According to BlockBeats, Forward Industries (NASDAQ: FWDI), Solana's largest treasury holder, added 948,601 SOL in Q4 ending September 30, 2026, increasing its total holdings to 8.50 million SOL, a 13% increase from the prior quarter. The newly acquired SOL averaged $83 per coin, and the company's holdings now represent approximately 1.4% of Solana's circulating supply.

According to Yonhap Infomax, South Korean government bond yields fell sharply on October 2, with the 3-year yield dropping 7.3 basis points to 3.937% and the 10-year yield declining 7.1bp to 4.365%. The decline was driven by reduced October government bond issuance and falling U.S. Treasury yields. South Korea's finance ministry announced a 5 trillion won reduction in planned October bond issuance, with competitive bidding auctions scaled down to 120 billion won. The government also increased bu

According to the bond market, 1-year interest rate swap (IRS) rates plunged 6.75 basis points to 3.6150% as of 4:30 p.m. on October 2, while 3-year, 5-year, and 10-year IRS rates each fell 9.50 basis points. Credit default swap (CRS) rates also declined, with 1-year CRS dropping 4.00 basis points and 3-year and 5-year CRS each falling 8.50 basis points. A bond trader from a securities firm noted the IRS showed stronger performance than spot rates, reflecting a reversal from the previous day's we