Gate Crypto Flash News and Market Updates

According to The Defiant, HashKey Chain admins temporarily replaced contracts to transfer 142,818 USDT, with the original deposit code restored approximately 6 minutes later. The operation did not alter the final state of the deposit code, though a five-member multisig retaining three-signature requirements maintains instant upgrade authority over the contracts without time-lock delays.

According to SolanaFloor, Circle minted approximately 750 million USDC on Solana over the past 24 hours.

According to QwQiao, co-founder of AllianceDAO, on October 15, Anthropic's IPO valuation targets should be discounted by 50% when accounting for extreme outcomes. QwQiao reasoned on X that if AI leads humanity to infinite prosperity, money becomes meaningless; if AI eliminates humanity, money also loses value. Combined, he assigned a 50% probability to these two scenarios, leaving only a 50% chance of the "mundane middle ground" where humans continue working and money retains importance. Therefo

Charles Schwab is scheduled to report third-quarter 2026 earnings on October 15, with Wall Street expecting revenue of approximately $7.2 billion, representing 17% growth from $6.13 billion a year earlier. Adjusted earnings per share are forecast between $1.65 and $1.67, compared with $1.31 in Q3 2025. The earnings release marks the first full quarter following the May rollout of Schwab Crypto, the company's direct cryptocurrency trading service for retail customers supporting Bitcoin and Ethere

According to The Block, citing South Korean media Digital Asset, South Korean crypto influencer Jonbur Kim (real name Park) was acquitted of fraud charges by the Seoul Southern District Court on Thursday. The case involved approximately $253 million in alleged cryptocurrency fraud. The court stated that prosecutors lacked sufficient evidence to prove the alleged crimes, which included fraudulent token issuance, exchange listing manipulation, false disclosures, and price manipulation related to P

According to an announcement by Mayfresh (02556), the company's AI application business revenue grew approximately 114% year-over-year in the first nine months of 2026 compared to the same period in 2025. Precision marketing services revenue increased approximately 32% year-over-year for the same period. The growth reflects the company's ongoing execution of its "full-stack Token factory" strategy, including advancements across AI-native product offerings, platform infrastructure, and AI computi

According to CNN on October 15, U.S. military planners have developed a new strike option against Iran that includes considering the use of a MOAB (Massive Ordnance Air Blast bomb, also known as the "Mother of All Bombs") to target Iranian nuclear facilities, according to multiple U.S. officials cited by the network.

According to JPMorgan Chase, South Korean semiconductor stocks SK Hynix and Samsung Electronics have fallen nearly one-third over the past month, with the Philadelphia Semiconductor Index (Philadelphia's key semiconductor benchmark) declining 10% over the past five trading days. The companies' combined $40 billion stock buyback plan was completed in mid-October, potentially removing a source of buyback support from the market. JPMorgan strategist Nicholas Panigirtzoglou warned that the October s

According to its September operations report, China Southern Airlines (01055) saw passenger capacity input (in available seat kilometers) rise 3.80% year-over-year, with domestic, regional, and international routes increasing 2.03%, 14.26%, and 8.37% respectively. Passenger load factor was 85.85%, down 0.45 percentage points year-over-year. Cargo capacity input rose 3.13% and cargo load factor improved to 54.64%, up 1.47 percentage points. The airline added six aircraft in the month and operates

According to Zhitong Finance, Yangshou Lake Cultural Tourism (06157) is in IPO fundraising as of October 15. Brokers including Futu Securities and Tiger Brokers have provided HK$1.66 billion in margin loans, with the offering oversubscribed over 102.15 times.

According to Jin10 Futures, Shanghai silver futures fell 5.34% overnight on October 15 following a surprise U.S. CPI reading that lifted Federal Reserve rate hike expectations. COMEX silver also declined sharply on the same day. The U.S. inflation data, combined with rising expectations for an October Fed rate decision and rebounding Treasury yields, triggered synchronized selling pressure across both domestic and international silver markets. Silver's dual nature as both a financial and industr

According to a White House official, Patrick Witt's tenure as executive director of the President's Council of Advisors for Digital Assets ended on October 14, 2026, leaving the council without publicly identified staff. Witt's departure follows exits by deputy director Harry Jung in July and adviser David Sacks in March. Council leader Bo Hines had previously departed in August 2025. The staffing vacuum comes as the Trump administration's flagship cryptocurrency legislation faces stalling: the

According to Tmall, on October 15, Tmall President Jia Luo stated that Double 11 will not return to the era of platform-wide 50% discounts. Instead, the strategy has shifted toward requiring merchants to offer their lowest prices of the year, he noted. As Double 11 has evolved to involve hundreds of millions of consumers and millions of merchants, the campaign focuses on authentic pricing rather than aggressive across-the-board markdowns.

According to Smart Finance APP, China Feihe (06186) announced that on October 15, Feihe (Hong Kong), its wholly-owned subsidiary, entered into a loan agreement with borrower Garland Glory. The subsidiary will provide 400 million yuan in loan financing with a 12-month tenure and an annual interest rate of 2.73%.

On October 15, Malaysia's Kuala Lumpur rubber market traded lower, with SMR 20 falling sharply, according to traders. The decline was driven by profit-taking, falling crude oil prices, and a 3.7% year-on-year increase in U.S. September CPI, which raised expectations for further Federal Reserve rate hikes. A stronger Malaysian ringgit against the U.S. dollar also pressured prices. Meanwhile, tight raw material supply and expansion of Chinese automakers' manufacturing facilities in Europe provided

According to ChainCatcher, BVNK launched a global currency platform today that integrates stablecoins with Mastercard's payment network, enabling stablecoin transactions through Mastercard's card organization channels. The platform's initial integration partners include payment service providers Nuvei and Marqeta. BVNK stated that the platform's local withdrawal coverage is expected to expand further in 2027.

According to JPMorgan Chase strategist Nicholas Panigirtzoglou, on October 15, the current AI stock selloff may not replicate the rapid rebound seen in July. Dip-buying demand has weakened significantly, short positions are insufficient to trigger covering rallies, and corporate buyback programs have dwindled. SK Hynix and Samsung Electronics saw stock declines of nearly 30% over the past month, while the Philadelphia Semiconductor Index fell 10% in five trading days. Both companies completed th

According to CCTV, China's Ministry of Industry and Information Technology released an AI-powered industry roadmap on October 15 to guide high-value applications of artificial intelligence in industrial modernization. The roadmap, titled "AI-Enabled High-Value Scenarios for Industrial Modernization," covers over 1,000 use cases across 20 industrial sectors including petrochemicals, steel, automotive, and consumer electronics. The applications documented are derived from real-world manufacturing

BNY Mellon reported third-quarter revenue of $5.68 billion and earnings per share of $2.34. Adjusted EPS came in at $2.37, exceeding the expected $2.27.

According to Gartner Inc., over $3.5 trillion in AI infrastructure investment could face asset impairment by 2030 due to a mismatch between capital deployment and revenue generation. Data center operators need to generate $8.5 trillion in cumulative revenue by 2030 to cover capital expenditures, financing costs, and achieve a 12% return on invested capital, but Gartner projects only $3.6 trillion in revenue attributable to enterprise and consumer AI businesses—less than half the required level.