Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
11:43
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Bitwise Closes BWOW Dogecoin ETF on October 14, Liquidates Holdings

According to a SEC filing, Bitwise will liquidate its BWOW Dogecoin ETF on October 14, with the fund's final trading day set for that date. The liquidation process will involve converting Dogecoin holdings to cash, though the filing does not specify the amount of DOGE to be sold or quantify potential market impact. Dogecoin was trading around $0.0887, down 1.6% over the past 24 hours, with key support near $0.084-$0.085 and resistance around $0.092. The asset formed its first golden cross in 14
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DOGE-1.93%
11:43
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Jonathan Spalletta Convicted Over $50M Uranium Finance Hack, Laundered Through Tornado Cash

According to the U.S. Attorney for the Southern District of New York, Jonathan Spalletta was convicted on October 7 of computer fraud and money laundering over two 2021 hacks of decentralized exchange Uranium Finance that stole over $50 million. The 36-year-old from Rockville, Maryland faces up to 10 years in prison for computer fraud and 20 years for money laundering. Spalletta laundered the stolen funds through Tornado Cash and spent them on rare collectibles including Magic: The Gathering car
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11:42
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Samsung and Solana Bring USDC Transfers to 82M Galaxy Devices, Launching Late October

Samsung and Solana Foundation announced on October 7 a partnership to enable stablecoin transfers within Samsung Wallet, extending to approximately 82 million compatible Galaxy devices in the United States. The service, launching in the final week of October, will initially support USD Coin (USDC) and allow users to send digital dollars internationally to more than 60 countries without separate cryptocurrency applications. Transfers to external crypto wallets will carry no Samsung-imposed fees,
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SOL-3.13%
USDC0.03%
11:42
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Huang Li-Cheng's HYPE Long Liquidated as ETH Position Suffers $3.5M Loss, ROI at -109%

According to ChainCatcher and Hyperbot data, Huang Li-Cheng's (麻吉大哥) HYPE long positions were just liquidated with a loss of approximately $26,000. He remains holding 315,000 ETH with 25x leverage, worth approximately $79.84 million, currently showing an unrealized loss of about $3.506 million with a return on investment of -109%.
11:38
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CZ Responds to 3.7 BNB Theft at Singapore Airport Wi-Fi: "I Always Advise Against Public Networks"

According to ChainCatcher, Binance founder CZ responded today after a community user reported losing 3.7 BNB from a dormant wallet following connection to free Wi-Fi at Singapore's airport. The user warned others not to connect to public Wi-Fi networks. CZ replied, "I have always advised against using Wi-Fi, especially public ones. But connecting to Wi-Fi alone shouldn't result in wallet theft—was there another operation involved?"
11:36
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Chainlink Launches Fulcrum Institutional Financing Solution, Adds 40 Integrations in September

According to Chainlink, the company launched Fulcrum on October 8, an institutional financing and collateral management solution that separates financing protocol management from cash and collateral settlement networks. The platform supports cross-chain repo (repurchase agreements) and 24/7 collateral mobilization. In September, Chainlink added 40 integrations across 24 users including Aave, Coinbase, Paxos, Monad, and Tempo. Chainlink demonstrated Fulcrum alongside the Depository Trust and Clea
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LINK-2.73%
AAVE-0.91%
MON-3.53%
11:35
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UK Announces New Sanctions on Russia Targeting Financial Services and Shadow Fleet on October 8

According to the UK Foreign Office, reported by Jin10, Britain announced new sanctions on Russia on October 8, targeting the country's financial services sector and so-called shadow fleet. The sanctions target entities reportedly involved in Russian financial services and vessels engaged in transporting Russian oil products. Russia has not yet responded to the announcement.
11:34
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Hunter Biden's LAPTOP Meme Coin Surges 21% After Forensic Report Cites $5,200 Liquidity Shortfall

According to Coinpedia and Groom Lake's forensic report, Hunter Biden's LAPTOP meme coin surged 21% within 24 hours after investigators found that a market maker deposited only $5,200 of the $500,000 it held to support trading. The Base-based token had collapsed nearly 99% after its launch. The report attributed the crash to insufficient liquidity in the trading pool, with roughly 30,000 LAPTOP tokens representing 0.003% of the one-billion-coin supply, making it 1,224 times easier to push the pr
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MEME1.09%
11:33
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Cuomo Warns Crypto PACs Spending $54.3M on Republicans vs $26.2M on Democrats Alienates Democratic Support

According to Cointelegraph, on October 7, former New York Governor Andrew Cuomo warned the crypto industry at Token2049 that heavily favoring Republicans in political spending is poisoning relationships with Democrats whose votes are essential to pass federal crypto legislation. Crypto-focused PACs tracked by Tech Influence Watch have spent $54.3 million supporting Republican candidates in the 2026 election cycle, compared with $26.2 million backing Democrats, with an additional $23.2 million op
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11:26
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EU Council Extends Sanctions on Russian Individuals and Entities Through October 2027

According to an announcement from the EU Council on October 8, the bloc extended sanctions targeting Russian individuals and entities for one more year, through October 9, 2027. The measures currently apply to 80 individuals and 20 entities, and include travel restrictions, asset freezes, and prohibitions on providing funding or other economic resources to designated persons and entities.
11:22
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Quantus Token QTC Breaks Through $185, Surges 81.4% in 24 Hours

According to CoinGecko, Quantus blockchain's native token QTC broke through $185 in the last 24 hours, trading at $185.69 with a gain of 81.4%. QTC's circulating supply stands at approximately 2.705 million tokens, with a market cap of around $50.125 million. The total supply is approximately 5.727 million tokens, corresponding to a fully diluted valuation of about $1.061 billion, with a supply cap of 21 million tokens.
11:22
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Duelbits Offers Bounty Settlement Deal After $7M Theft on September 24

According to a chain record monitored by Defimon Alerts, Duelbits has offered a bounty settlement to recover funds stolen following its September 24 hot wallet breach. The platform has traced the stolen funds and identified suspected perpetrators and their associated wallets, exchanges, and accounts. Under the proposal, the other party can retain an agreed-upon percentage of the stolen assets in exchange for returning the remainder. Duelbits pledged to forgo criminal prosecution or further legal
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11:21
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Ground Group HK Increases China Changbaishan International (00989) Holdings by 6,558 Shares at HK$0.15 Per Share on October 5

According to Hong Kong Exchanges and Clearing (HKEx) data, on October 5, 2026, Ground Group HK (through subsidiary Jilin Xunshun Business Consulting Co., Ltd.) increased its holdings in China Changbaishan International (00989) by 6,558 shares at HK$0.15 per share, totaling approximately HK$983.7. Following the transaction, Ground Group HK's total shareholding reached approximately 2.223 billion shares, representing 41.45% of the company.
11:16
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Jiangbo Dragon (09976) H Shares Added to Stock Connect on October 8

According to an announcement from Jiangbo Dragon (09976), the company's H shares listed on the Hong Kong Stock Exchange were added to the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect (collectively "Stock Connect") on October 8, 2026. The inclusion enables eligible mainland Chinese investors to directly invest in the company's H shares through the Shanghai and Shenzhen stock exchanges.