Gate Crypto Flash News and Market Updates

According to Anthropic, Claude Code now writes approximately 90% of its own code, with the number of code change requests (PRs) merging doubled from June to September 2026. The proportion of code requiring rollback declined by over 40% during the same period. To manage the increased code velocity, Anthropic restructured its review process. Low-risk changes from trusted developers, such as documentation updates, can merge directly after automated checks; standard product changes require one human

According to Bitcoin News, U.S. District Judge Alvin Hellerstein rejected a joint request by the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Gemini to cancel a $5 million settlement agreement related to proposed Bitcoin futures contracts. The settlement stems from a 2022 CFTC allegation that Gemini made false or misleading statements during regulatory review of the futures product. Gemini agreed to the settlement in January 2025. Although the CFTC's internal review la

According to CCTV News, Egyptian President Abdel Fattah El-Sisi stated on October 17 that Egypt is prepared to implement any protective measures requested by Saudi Arabia to safeguard its security and sovereignty. During a speech at an Egyptian military academy graduation ceremony, Sisi called on Egypt's parliament to convene a special session and grant necessary authorization to enable Egypt to provide defensive support to Gulf states upon request.

According to analysts from DataTrek Research and BCA Research, the Philadelphia Semiconductor Index (SOX) fell for an eighth consecutive trading day on Friday (October 16), marking its longest losing streak in 18 years. Analysts attribute the decline to what DataTrek co-founder Nicholas Colas calls an "AI burnout trade"—investors growing fatigued by repeated discussions about when AI investments will deliver returns and their long-term uncertainty. The market sentiment has shifted significantly.

According to Pakistani security officials, armed Afghan personnel opened fire on October 17 in the Khyber Pakhtunkhwa border area, and Pakistani security forces provided an effective response.

According to Cysic's official incident report on Sunday, the company's cross-chain bridge was halted after attackers exploited a database processing flaw to unauthorized mint 10 million CYS tokens on BNB Smart Chain on Saturday at 12:31:38 UTC. Preliminary findings indicate unauthorized access to a database supporting the bridge. Cysic added the recipient address to the token contract's blacklist at 13:47:52 UTC, with approximately 2.8 million CYS remaining at that address and transfers restrict

According to Ukraine's President Zelenskyy on October 18, Russian forces carried out strikes against power infrastructure in Vinnytsia, Zhytomyr, Khmelnytsky and Odesa regions on the night of October 17, leaving tens of thousands without power and causing 2 deaths and 12 injuries. Zelenskyy stated that in the past week alone, following U.S. President Trump's announcement of a temporary Russia-Ukraine "energy ceasefire," Russian forces have conducted 76 attacks on Ukrainian power, oil, and gas fa

According to China International Capital Corporation research report published on October 18, U.S. 10-year Treasury yields retreated sharply to 5.048% over 24 hours despite September CPI rising 3.7% year-over-year and PPI surging 6.3%—both exceeding expectations. Following the CPI release on October 14, the 10-year yield initially spiked to 5.325%, then reversed course. After the PPI print on October 15, yields gained only 2.5 basis points before retreating rapidly. The muted bond market respons

According to analyst Darkfost, since late August, small-cap crypto assets' market value growth has outpaced Bitcoin significantly. The monthly-to-annual growth ratio gap for small-cap assets has reached 41%, compared to 7% for Bitcoin and 3.5% for large-cap assets, marking an unusual market divergence.

According to crypto analyst Darkfost, since late August, mid-cap crypto assets have significantly outperformed larger peers, with their monthly-to-annual market value ratio reaching 41% compared to Bitcoin's 7% and large-cap assets' 3.5%. Darkfost noted this trend is unusual, as Bitcoin typically leads market rallies, as seen following the 2023 bear market. However, mid-cap assets remain more sensitive to market shifts, and the current momentum could reverse quickly.

According to the International Monetary Fund, People's Bank of China Governor Pan Gongshang attended the 54th International Monetary and Financial Committee (IMFC) meeting in Bangkok on October 16-17, 2026. Pan stated that trade friction and protectionism negatively impact global economic growth by disrupting supply chains, raising inflation, and creating market uncertainty. He emphasized that new technological breakthroughs present both opportunities and governance challenges, requiring enhance

According to TASS, Russian Deputy PM Novak said today (October 18) that Russia consumes 3.5 to 4 million tons of diesel monthly and has a similar surplus available for export. Novak stated the country supplies the additional 3.5 million tons to global markets and can export diesel to the U.S. under existing agreements. He added that exporting domestic surpluses is necessary to prevent refineries from reducing output due to lack of storage capacity.

FIO Protocol surged 14.39% in the last hour, reaching $0.00048. The move marks an acceleration compared to its 24-hour gain of 8.37%, with the token trading at a market cap of $443,971 and a 24-hour trading volume of $1,169.3. Within the past 24 hours, FIO climbed from $0.00041739 to $0.00047952.

Iran's parliament approved Ahraki as the new Defense Minister on October 18. Ahraki stated that if the U.S. commits a strategic miscalculation, Iran would respond with unexpected and large-scale measures. He indicated Tehran has taken necessary precautions against potential U.S. deployment of the MOAB (Massive Ordnance Air Blast bomb). Ahraki warned: "The U.S. President should focus on ensuring safe withdrawal of American troops from our region. If he drops a bomb, see how many U.S. soldiers wil

According to Iran's Tasnim News Agency, on October 18, Iranian Foreign Minister Abbas Araghchi confirmed that Iran's plan to reopen the Strait of Hormuz remains on the negotiation table. Araghchi previously stated that Iran had conveyed a plan to reopen the waterway to the United States through Qatar, and if the U.S. takes necessary action, the Strait of Hormuz could be reopened within seven days, restoring normal maritime passage.

According to the Telegraph, Microsoft has withdrawn from a data center partnership with UK cloud services startup Nscale in Essex on October 18. The move comes as Nscale prepares for its IPO. Microsoft was to be the primary tenant for Nscale's first UK data center facility. The project has faced significant delays, with local authorities informing Nscale that power supply is not expected until the 2030s. Nscale disclosed in its IPO filing that approximately 85% of its contracts depend on Microso

According to Bloomberg, Hyperliquid Labs co-founder Jeff Yan is seeking U.S. regulatory rules that would protect the blockchain while placing compliance responsibility on financial institutions operating markets built on it, rather than the blockchain network itself. This approach would allow Hyperliquid to engage with Wall Street without bearing the full regulatory burden of a traditional exchange. Yan noted that Hyperliquid has not yet opened to U.S. customers and aims to become underlying tra

According to Jin10, Egyptian President El-Sisi held a National Defense Council meeting on October 18, during which the government designated Saudi Arabia's security and stability as a regional priority amid escalating attacks on the kingdom. The meeting reviewed the current regional situation and dangerous developments, particularly the unacceptable escalation of attacks targeting Saudi Arabia. Egypt committed to providing all necessary support to defend Saudi Arabia's security, protect its reso

According to Goldman Sachs' prime brokerage division, hedge funds tracking Asian markets suffered the sharpest losses on October 16, tumbling 2.6% in a single day amid accelerating AI trading liquidations. Global equity long-short funds fell 0.9% the same day, while tech-focused hedge funds declined 2.0%. The selloff was triggered by broader risk-off positioning following higher-than-expected U.S. inflation data, which raised expectations for further interest rate hikes and pressured AI-related

According to Arkham on-chain monitoring, a whale address transferred approximately $2.34 million worth of Arbitrum (ARB) and Uniswap (UNI) tokens from Bybit earlier today. The withdrawal comes as Arbitrum's weekly token unlock surpassed 90 million ARB, adding to ongoing unlock pressure on the ecosystem.