Gate Crypto Flash News and Market Updates

According to a company announcement on October 9, Shanghai Pharmaceuticals' subsidiary Shanghai Sine Pharmaceutical received approval from China's National Medical Products Administration (NMPA) to produce chlorvipine lipid emulsion injection, with registration certificate numbers 2026S03524 and 2026S03525. The company has invested approximately 52.2 million yuan in research and development for this product. Chlorvipine is indicated for treating hypertension in patients unsuitable for oral medic

According to Digital Asset data, on October 9, Bitcoin's average Kimchi Premium across South Korea's four major exchanges—Upbit, Bithumb, Coinone, and DigitalEx—stands at 1.73%. Ethereum shows a 1.72% premium, XRP 1.72%, and USDT 1.69%. Premiums were calculated against Binance prices using the Bank of Korea exchange rate.

According to security researcher BeakSec on October 9, Telegram Desktop contained a critical vulnerability (CVE-2026-107181) that could allow attackers to take over user accounts. Versions 7.2.8 and earlier were affected; attackers could inject commands via inter-process communication and potentially access session files. If a user had not set a local password, their account could be compromised. The vulnerability was patched in version 7.2.9, released on September 17.

According to Coinpaper, David Schwartz, CTO of Ripple, will discuss XRP Ledger's next phase on Oct. 28 at 4:30 p.m. ET in New York alongside RippleX Senior Director of Engineering Ayo Akinyele. The session titled "Building What's Next for XRPL" will cover privacy, scalability and institutional-grade infrastructure as XRPL moves beyond payments. XRPL version 3.3.0 introduced the ConfidentialTransfer amendment, designed to hide Multi-Purpose Token balances and transfer amounts using zero-knowledge

According to Benzinga, SpaceX agreed to acquire nationwide 800 MHz spectrum assets from Grain Management on Thursday, October 8, paving the way for Starlink to become a major U.S. mobile carrier. The low-frequency spectrum will help Starlink provide reliable service indoors, outdoors, and in dead zones. Investor Gene Munster predicted SpaceX will eventually launch its own smartphone with vertical integration and Starlink connectivity, offering capabilities and cheaper service that telecom operat

According to Zhitong Finance, southbound funds recorded net inflows of HK$291 million on October 9. Shanghai-Hong Kong Stock Connect saw net outflows of HK$2.331 billion, while Shenzhen-Hong Kong Stock Connect recorded net inflows of HK$2.622 billion. AIA Insurance (01299) received the largest net inflows at HK$1.066 billion. Alibaba-W (09988) and Zhipu AI (02513) saw net inflows of HK$611 million and HK$363 million, respectively. Conversely, Yinfu Fund (02800), Yangtze Optical Fiber and Cable (

According to Zhitong Finance APP, Guangzhou Baiyunshan Tianxin Pharmaceutical Co., Ltd., a subsidiary of Baiyunshan (00874), recently received a drug registration certificate from the National Medical Products Administration for irbesartan-hydrochlorothiazide tablet, used to treat primary hypertension in patients whose blood pressure cannot be effectively controlled with either drug alone. As of 2025, the tablet generated 1.608 billion yuan in domestic sales across public hospitals and online ph

According to Barclays, the investment bank initiated coverage of SpaceX with an overweight rating on Friday, setting a price target of $254.

According to Jin10 on October 9, the S&P 500 index reached record highs this week, but the rally was driven primarily by artificial intelligence-related companies including Meta, Microsoft, Nvidia, and the broader semiconductor sector, masking weakness across most other sectors. The median stock in the S&P 500 has declined approximately 4.3% over the past month, with consumer, tourism, transportation, real estate, and financial stocks among the biggest decliners. On Tuesday, the S&P 500 achieved

According to the Houthis, the armed forces are completing an operation to expel Saudi-backed forces from all areas of the Jabal Habashi district in Taiz Province, Yemen.

The Israel Defense Forces announced today (October 9) that it eliminated three Hamas and Palestinian Islamic Jihad militants in the Gaza Strip.

According to an announcement by Shanghai International Energy Exchange on October 9, 2026, one group of accounts with actual controlling relationship exceeded daily opening trade limits on relevant contracts. The accounts' trading behavior violated Article 16 of the Exchange's Abnormal Trading Behavior Management Rules. The Exchange has imposed restrictions on opening trades for the related accounts in applicable products.

According to an announcement, Hong Kong-listed Guannong Group (01203) expects an unaudited consolidated loss attributable to shareholders of HK$160 million to HK$165 million for the nine months ended September 30, 2026, compared with an unaudited consolidated profit of HK$109 million in the same period of 2025. The turnaround stems primarily from three factors: the group's share of losses from its associate company in pig farming and live pig trading has surged significantly due to falling hog p

According to reports, OpenAI expects its annualized revenue run rate to reach at least $70 billion by the end of December, up from roughly $50 billion in September. This represents approximately 40% growth during the final months of 2026. The company is also exploring a major fundraising round at a potential valuation of around $1.4 trillion.

According to Yicai, the cryptocurrency market experienced a sharp selloff earlier today. Bitcoin plunged over 3% to $83,511, marking its lowest level in a week, while Ethereum dropped nearly 5% and Solana fell close to 3%. Altcoins including HYPE, XRP, and ZEC declined over 4%. Coinglass data showed that over 110,000 traders were liquidated across the crypto market in the past 24 hours. The decline coincided with a sharp drop in gold and silver prices, with spot gold breaking below $4,100 per ou

On Friday, SK Hynix Chairman Choi Tae-won said the chipmaker plans to accelerate construction of a new semiconductor cluster in Gwangju, South Korea, betting on strong demand growth. Choi noted that the company has advanced its Yongin semiconductor park project by 12 years and may pursue multiple projects simultaneously if necessary.

According to The Block, Ark Invest reduced its position in Robinhood by approximately $21.7 million on Thursday (October 8). The fund, managed by Cathie Wood, also sold about $4.7 million in SpaceX shares and trimmed approximately $1.8 million in its spot Bitcoin ETF (ARKB) holdings on the same day.

According to Jin10, EU finance ministers reached agreement on the Market Integration and Supervision Plan (MISP) on Friday, Oct 9, in Luxembourg, after a decade of negotiations. The agreement centralizes financial market regulatory and enforcement powers to the European Securities and Markets Authority (ESMA), headquartered in Paris, to eliminate market barriers among member states and promote private capital financing. ESMA Chairwoman Maria Luisa Albuquerque criticized the compromise, stating i

According to The Block, Thailand's Securities and Exchange Commission issued a regulatory framework for cryptocurrency ETFs on October 9, set to take effect on October 16. Bitcoin and Ethereum are the first approved assets. Funds must maintain an average net exposure of at least 80% of fund assets to a single asset.

According to reports, Nvidia plans to adopt Intel's Foveros advanced packaging technology beginning in 2028. The announcement boosted Intel shares, which rose over 2% in premarket trading.