Gate Crypto Flash News and Market Updates

According to Kim Do-hyung, head of ETF consulting at Samsung Asset Management, South Korea's stock market holds greater upside potential than the U.S. market despite falling more than 25% from its peak. In recent remarks, Do-hyung noted that while the country's semiconductor cycle remains intact and major companies like Samsung Electronics and SK Hynix continue to post record profits, foreign investors have withdrawn 190.5 trillion Korean won from the market through October 1. He identified fore

According to Bloomberg, FedEx Corp. (FDX) stock reversed a four-week losing streak, rising 1.6% last week, after investor Ross Gerber publicly praised the delivery giant's $300 million-plus order for 2,000 electric trucks from Harbinger Motors. Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, posted on X on Oct. 3 that the fleet electrification move makes him happy and called on Amazon and the U.S. Postal Service to ditch gas-powered delivery fleets. The 2,000 trucks will be deli

Foxconn reported September sales of TWD 1.16 trillion, up 38.4% year-over-year. The company's third-quarter sales reached TWD 3.03 trillion, representing a 47.1% increase from the same period last year.

According to MetaversePost on October 4, Puffer Finance partnered with Anchorage Digital, America's first federally regulated crypto bank, to serve as Puffer UniFi's institutional custodian at network launch. Anchorage will provide custody infrastructure alongside stablecoin issuance and settlement services for the Ethereum-aligned execution and settlement network, combining institutional payment infrastructure with synchronous composability to Ethereum mainnet. The partnership includes agentic

On October 4, 17 countries including the U.S., Japan, UK, and Germany endorsed the Kyoto Vision for Science at the 23rd Science Technology and Society Forum in Kyoto. The vision calls for expanding researchers' access to AI tools, scientific data, computing infrastructure, and experimental facilities, while reforming research funding and institutional organization. The declaration encourages AI applications in knowledge analysis, physical and biological system modeling, and autonomous research l

According to TASS, Ukraine struck two facilities at the Zaporizhzhia nuclear power plant overnight on October 4, according to a Russian state nuclear corporation official.

According to Ray Chiu, head of thematic stock investment at AllianceBernstein, on October 5, AI-related capital expenditure will remain substantial over the next 12 to 24 months, with investment scope expanding beyond training clusters into inference, memory, storage, networking, power, and data center efficiency. Chiu noted that Korean semiconductor companies hold strategically important positions in high-bandwidth memory (HBM) and DRAM due to concentrated supply bases and essential roles in ac

According to SoftBank founder Masayoshi Son, on October 4, Super Intelligence (SI) poses significant risks if misused by the wrong parties. Speaking at the International Forum on Science, Technology and the Future of Humanity in Tokyo, Son emphasized that countries must cooperate to control increasingly powerful AI technologies, stating humans cannot afford to fight among themselves. The comments align with recent developments from the Trump administration. Michael Kratios, director of the White

According to the financial investment industry, Mirae Asset Securities has been piloting an AI-powered speech-to-text (STT) service on non-face-to-face channels since August 2026. The service converts call recordings into text transcripts, enabling compliance teams to review consultant language accuracy and verify that product recommendations align with customers' investment profiles. A company spokesperson stated the measure helps reduce risks and strengthens consumer protection compliance. The

Huawei and Qualcomm announced on October 5 a multiyear patent licensing agreement covering cross-licenses in 5G, compute, AI, and networking. Under the deal, Qualcomm plans to purchase certain Huawei U.S. patents in these fields and related technologies. The transaction is subject to regulatory approvals, though the companies did not specify which reviews are required. Both parties reaffirmed their commitment to intellectual property rights and fair, reasonable, and non-discriminatory licensing

According to PANews, Binance founder Changpeng Zhao (CZ) disclosed on October 5 that he owns three vehicles: one Nissan SUV and two minivans. He stated he does not own sports cars and dislikes driving fast.

According to a Reuters interview this week, Ukrainian President Zelenskyy announced that Kyiv will intensify attacks on Russian oil refineries as a direct counter to Moscow's expanded strikes on Ukrainian energy infrastructure. Zelenskyy stated that Russian President Putin has approved new targeting guidelines allowing strikes on energy, logistics, roads, schools, and hospitals before winter to increase civilian pressure. Kyiv interprets this as an escalation of the energy warfare. Zelenskyy emp

According to its investor update, Plus500 reiterated on October 5 that its third-quarter trading aligned with full-year expectations despite reporting strong results and maintaining its cash position. The statement came as IG Group's profit warning—citing a 14 percent quarterly revenue drop to approximately £240 million and downgrading full-year growth from 10-15 percent to mid-single digits—triggered sharp selling across the online trading sector, with Plus500 and CMC Markets shares also declin

According to South Korea's Ministry of Economy and Finance, the ASEAN+3 Macroeconomic Research Office (AMRO) raised its 2026 growth forecast for South Korea to 3.3% on October 5, up from 3.1% in July and 1.9% in April. The revision marks a 1.4 percentage point increase over six months. AMRO also projects 2027 growth at 2.7%.

According to澎湃, Chinese commodity hog slaughter volume is expected to remain elevated in Q4 2026, with cycle inflection points pushed back to 2027, according to South China Futures and CITIC Futures. The institutions cited sustained sow herd rationalization coupled with improved production efficiency, which has offset output declines and delayed supply-side turning points. CITIC Futures noted that year-end 2026 may see the beginning of the inflection, with slaughter volumes gradually declining f

According to DBS Group Chief Investment Officer Hou Wey Fook, on October 5, artificial intelligence-driven technology stocks remain far from bubble territory. Nvidia's 12-month forward price-to-earnings ratio stands at 17x, with projected earnings growth of 70% next year. Hou compared this to Cisco Systems' valuation of approximately 100x before the internet bubble burst, arguing that AI stocks cannot be considered overvalued at current multiples. He noted that semiconductor and artificial intel

According to Foresight News, the AGENTIC MONEY 2026 summit opens October 6 in Singapore, co-hosted by Money in Motion and LongTree Labs with OSL as title sponsor. The event will feature discussions on agent-driven payments, global trade channels, real-world assets at scale, and on-chain finance, alongside the release of the AGENTIC MONEY 2026 whitepaper.

Spain's composite PMI rose to 56.8 in September from 55.8 in August, according to official data.

Spain's services sector PMI for September came in at 58.3, beating expectations of 56.8, up from 57.8 in August.

According to GoPlus, PeckShield, CertiK and security firm Blockaid, an unidentified vault contract on Base lost approximately $6 million yesterday (October 4) after attackers exploited weaknesses in its multisignature governance and access controls. The attacker borrowed 1,783 aBaswstETH from the vault and redeemed the Aave receipt tokens for approximately 1,783 wstETH, with losses detected within roughly 40 minutes as unusual withdrawals escalated from $2.02 million to $6 million. Investigators