Gate Crypto Flash News and Market Updates

According to the Wall Street Journal, Amazon is reportedly nearing a $7 billion acquisition of AI startup Decart in overnight trading late Sunday, with AMZN shares up 0.4%. The deal comes after Anthropic reportedly dropped its pursuit of Decart at a $6 billion valuation. Decart develops software enabling developers to switch between different AI chips, a capability gaining importance amid surging AI workloads. The acquisition would bolster Amazon Web Services' efforts to strengthen its AI infras

According to OpenRouter data, China's AI model invocations reached 86.74 trillion tokens during the week of October 5–11, growing 50.96% week-over-week. In the same period, U.S. AI model invocations totaled 18.97 trillion tokens, up 17.1%. The top five global AI models by invocation volume were all Chinese, with DeepSeek V4.1 Flash leading at 41 trillion tokens, followed by Zhipu GLM 5.3 Flash with 12.2 trillion tokens. China's AI models have now held the global top position for 24 consecutive w

According to BlockBeats, on October 12, ZEST briefly reached $0.23, up 14.18% in 15 minutes and currently trading at $0.22 based on HTX market data.

According to Bithumb official announcement, the South Korean cryptocurrency exchange will launch ZEST token trading on its Korean won market on October 12 at 2:00 PM KST (Korean Standard Time).

Bithumb launched ZEST/KRW trading on October 12 at 2:00 PM (Beijing time), supporting BNB Smart Chain network only. The exchange opened deposits and withdrawals 2 hours prior to trading. ZEST tokens debuted at a reference price of 262 Korean won per token, with a 15-block confirmation requirement for deposits.

According to ChainCatcher, Bitget recently won the Best Multi-Asset Technology Platform award from iFX EXPO Asia, recognizing its performance across technology capability, multi-asset product offerings, and user experience. The award reflects Bitget's continued investment in multi-asset trading infrastructure. CEO Gracy Chen stated that the company will advance its Universal Exchange (UEX) strategy to break barriers between different asset classes, enabling users to access diverse assets and glo

According to Lighter, the protocol completed burning 2.45 million LIT tokens today (October 12). The tokens were acquired through automatic buyback programs through the end of the third quarter 2026.

According to Reuters, citing Panama University's Geosciences Research Institute director Nestor Luc, Panama's central region has recorded over 200 aftershocks since a 7.5-magnitude earthquake struck on October 9. The tremors have been weakening in intensity, with increasingly longer intervals between occurrences.

According to Mysteel data, MMLC battery-grade lithium carbonate prices fell 5,650 yuan/ton earlier today (October 12), with the midpoint price at 114,600 yuan/ton.

According to ChainCatcher, Binance is launching a zero-fee trading activity for KGST/USDT starting October 14 at 08:00 UTC through January 14, 2027 at 07:59 UTC. All verified users will enjoy zero fees on both maker and taker orders for this trading pair.

According to Jin10, on October 12, India's central bank introduced its strongest rupee support measures since the 2013 taper tantrum, including a special window for state-owned oil enterprises to meet dollar demand and reserve requirements on certain forex derivative transactions. In early Asia trading on Monday, the one-month USD/INR non-deliverable forward (NDF) fell 2.7% to 94.17, narrowing to a 0.7% decline afterward. The measures followed the rupee approaching the 97 level against the dolla

According to Jin10, Korean won surged to its highest level in two years on October 12, reaching 1,333.30 per dollar, driven by declining international oil prices and South Korean exporters selling dollars. The currency rose 0.8% intraday before gains narrowed to 0.5%. Min Gyeong-won, economist at Woori Bank Seoul, said the won's strength aligns with broader dollar weakness, noting that export companies, particularly semiconductor firms, will continue supporting the currency through dollar sales.

According to AZIO AI Holdings, the company's Atlas One data center in Texas signed a power and hosting services agreement with Power Champion today (October 12). The initial contract covers 10MW of power capacity with a monthly fixed fee of $1.5 million, totaling $90 million over five years. Customers can opt to add up to 40MW additional capacity, potentially bringing the total to 50MW and expanding the contract's revenue potential to $450 million over five years. Actual power consumption is sep

According to HTX, GRASS broke through $0.89 on October 12, up 24.5% in 24 hours. The token's recent shift to provide real-time web content retrieval for AI agents drove the rally. Grass launched its Contents API around October 8-9, with official benchmarks showing a retrieval success rate of 97%-98%.

According to PANews and SoSoValue data, crypto market sectors showed mixed performance on October 12. Layer 2 assets surged 6.62% in 24 hours, with Starknet (STRK) leading at 111.53% gain, followed by zkSync (ZK) up 34.23%, Celestia (TIA) up 20.38%, and Optimism (OP) up 15.45%. The DePIN sector rose 6.24%, with Grass (GRASS) climbing 49.41% and Filecoin (FIL) up 13.91%. Bitcoin (BTC) gained 1.43% to break through $83,000, while Ethereum (ETH) rose 0.14% to above $2,500.

According to ChainCatcher, citing a report by Du Jia, Tencent Yuan Bao is developing a Personal Agent product called "Yuan Bao Assistant" and plans to launch it as a standalone app to support long-cycle tasks and personal long-term memory functions. Tencent has not responded to requests for confirmation as of publication.

According to Nomura Securities analyst Nakazawa Naka on October 12, rising interest rates in the United States and Europe, combined with credit risk concerns, have significantly reduced bond investors' risk appetite. While investors may continue to bet on higher Japanese bond yields, they are taking a cautious stance on betting for yield declines or purchasing bonds. The analyst noted that investors are focused on the Bank of Japan's terminal rate level, the pace of rate hikes, and the risk of J

According to Bitget, GRASS briefly touched $0.88 today, trading at $0.87 with a 24-hour gain of 29.83%.

This week, Johnson & Johnson reports third-quarter results on Tuesday, with analysts projecting $25.38 billion in revenue. The FDA approaches decisions on two eye therapies by October 17: Roche's Enspryng for thyroid eye disease (target date October 15) and phentolamine eye drops for presbyopia (target date October 17). Additionally, biotech companies including Arrowhead Pharmaceuticals and Verastem present interim clinical updates Wednesday on Alzheimer's disease and cancer treatments, while Fi

According to Algorand Foundation, node operators must upgrade their nodes to v5.0.3 to resolve a DNSSEC validation issue. The bug prevents nodes from successfully reconnecting to the network upon startup or restart.