Gate Crypto Flash News and Market Updates

According to BlockBeats, the synthetic perpetual protocol Papertrade will launch on HyperEVM tonight at 22:00 UTC on October 10, with pre-deposits exceeding $90 million from over 7,280 addresses. Deposits will be halted 15 minutes before launch at 13:45 UTC to ensure trading receives priority during the opening.

According to Mobile Payment Network, on October 10, Hong Kong Acting Secretary for Financial Services and Treasury Chan Ho-lim stated that the government will take appropriate enforcement action under the relevant statutory regulatory framework against payment platforms operating without proper financial licenses. Under Hong Kong's Payment Systems and Stored Value Payment Instruments Ordinance, operating or issuing stored value payment instruments without a license is illegal unless exempted by

According to Foresight News, ZEROBASE CEO Mirror Tang announced that the zero-knowledge proof network's primary strategy is now cost optimization. The company has ended its DAT and perpetual contracts divisions due to reduced liquidity in the market, as both products were unprofitable under current conditions. ZEROBASE is cutting research and development spending, transferring some engineers to security operations, business security, and strategy development roles. Operations teams are being red

According to Foresight News, TRON recently participated in the Fifth INTERPOL New Technology Forum (NTF) held at the Center for Complex Systems in Vienna, Austria. The forum, organized by INTERPOL's Innovation Center, Bavaria's State Justice Ministry, and the Center for Complex Systems, brought together over 100 experts from 44 countries. TRON engaged with international law enforcement agencies, policymakers, and technology experts to discuss blockchain compliance, digital asset investigation, a

According to reports on October 10, spandex prices began rising recently, with Xiaoxing announcing a price increase of 1,000 yuan per ton across all product specifications. Xinxiang Chemical Fiber raised prices by 300-500 yuan per ton, citing moderate downstream demand. Analyst Zhang Fuli from Zhuo Chuang Information noted that purchasing remains limited to immediate needs with minimal bulk accumulation. However, apparent consumption in January-August 2026 grew 10.2% year-over-year, outpacing pr

According to a report by Mei Jing, Guangzhou Medical University's First Affiliated Hospital and Golden Medlab announced the launch of DeepGEM 2.0, a multimodal AI model for lung cancer pathology gene detection, on October 10. The model uses an "AI screening + targeted gene validation" approach to reduce lung cancer genetic testing costs to several hundred yuan. DeepGEM 2.0 can complete gene prediction in as little as one minute, simultaneously screening 12 gene targets including EGFR, KRAS, ALK,

According to Jin10, China's State Council Information Office (SCIO) will host a press briefing on Wednesday, October 14 at 10 a.m. to present the country's import and export figures for the first three quarters of 2026. General Administration of Customs Spokesperson and Vice Administrator Wang Jun will introduce the data and answer questions from reporters.

According to @SolanaFloor, SkyAI transferred $51 million in SOL to Coinbase over the past three days, as part of a broader $114.87 million in SOL transfers to exchanges during the same period.

According to Taiwan's State Council for Taiwan Affairs, on October 10, the office criticized Lai Ching-te's October 10 speech as "disregarding facts and distorting truth" while "misleading the public." State Council spokesperson Zhang Han said the office will uphold the one-China principle and the 1992 Consensus, unite Taiwan's various communities, firmly combat separatist forces, oppose external interference, and maintain peace and stability across the Taiwan Strait.

According to PANews, OneKey founder Yishi addressed security concerns in hardware wallets on October 10, stating that risks may not originate from the security chip itself but from the gap between the protected chip and the user's display screen, referred to as the "last centimeter." Sensitive data could be exposed during transmission in this phase. Yishi noted that OneKey has received no user reports of asset losses from the recent Ledger incident as of October 10. To strengthen protection, One

According to Robinhood Crypto, today (October 10) Robinhood Crypto and T. Rowe Price Digital Assets are exploring launching stock tokens linked to actively managed ETFs on Robinhood Chain. T. Rowe Price manages $1.9 trillion in assets globally. If successful, this could mark the first such stock token product. The collaboration remains in the exploratory phase, with any potential launch subject to regulatory approvals and other requirements; no guarantee of completion has been provided.

FRONT surged 45.88% in the past hour to reach $0.0158, with a current market cap of approximately $1.42 million. The token's 24-hour trading volume stands at $2.52.

According to hardware leakers MEGAsizeGPU and hongxing2020, NVIDIA will discontinue RTX 5090 production, allocating all future GB202 chips to the RTX PRO series instead. The RTX 5090, featuring 32GB memory and priced at $1,999, will be replaced in the professional segment by the RTX PRO 6000, which offers 96GB memory and carries an official price tag of $16,000—eight times higher. This shift reflects NVIDIA's focus on higher-margin professional markets over consumer gaming cards.

According to Odaily, Gate's WCTC S9 global trading competition reached 21,000 signups within 24 hours of its launch, with 2,454 teams formed. The event features a total prize pool of up to 6 million USDT, covering spot trading, ETF, flash exchange, stocks, futures, and TradFi categories. The competition includes team race prizes up to 3.2 million USDT, individual race prizes up to 400,000 USDT, and additional prizes for BTC/USDT event contracts, lucky launch, and side activities. Gate WCTC S9 of

According to EU tech chief Henna Virkkunen in a Friday interview with Reuters, the European Union's AI Act is well equipped to address rogue AI risks. Virkkunen dismissed critics claiming the bloc's regulations are outdated, noting that the AI Act was adopted two years ago and covers the entire lifecycle of AI models, with regulators providing guidance to companies on model safety evaluation based on recommendations from 60 AI experts. The European Commission requested information in late August

According to trader Killa on October 10, buyers are absorbing selling pressure in the recent pullback, with strong buy orders clustering around $80,000 on order book data. Support below current levels remains thin, Killa noted, adding that $80K itself represents a critical psychological level for Bitcoin. If Bitcoin's weekly candle closes above the prior week's low of $82,600, Killa said it could signal a bullish reversal typical of a stop-loss hunt followed by a zone recovery.

According to ITAR-TASS, Russia's Defense Ministry claimed on October 10 its forces control two settlements in Ukraine's Kharkiv region.

According to Jin10, the Chinese Embassy in South Africa issued a safety alert on October 9 following anti-immigrant protests and violence against foreigners in certain regions. The embassy urged Chinese citizens and institutions in South Africa to closely monitor developments, avoid areas experiencing unrest, stay away from demonstrations, and promptly seek assistance from local police or Chinese diplomatic missions if facing emergencies.

According to Zhuochuang Consulting and Jin10 Futures, propylene prices surged to 10,295 yuan/ton (approximately $1,425/ton) on October 10, marking a new yearly high after breaking the 10,000-yuan threshold. The gains were driven by Middle East geopolitical tensions during the National Day holiday, which pushed upstream raw materials such as methanol and propane, as well as international crude oil prices, higher. Multiple propylene production facilities reported maintenance and reduced output, ti

According to Jin10 Data, on October 9, China's Vice Finance Minister Liao Ming met with Goldman Sachs President and Chief Operating Officer Wenzel Wang in Beijing. The two exchanged views on China-U.S. economic and trade relations and the macro-economic situation between the two countries.