Gate Crypto Flash News and Market Updates

According to Reuters and GlobalFoundries, the chipmaker signed a $2 billion, five-year manufacturing agreement with Taiwan Semiconductor Manufacturing Company on October 8 to expand silicon interposer production at its Malta, New York facility. Silicon interposers are critical components for advanced AI packaging, positioned between processors and memory chips to enable high-speed data transmission. Production is expected to ramp up in the first half of 2028. The Malta facility will become the f

According to Guru Club, China's commodity futures market on Oct 8 saw broad declines overnight, with base metals leading losses. SHFE tin fell 2.75%, while precious metals also dropped, with SHFE silver down 1.54%. Energy products bucked the trend, gaining across the board, with DCE LPG rising 4.09%. Chemical products also advanced, led by CZCE methanol, which surged 6.36%.

According to CNBC, Amazon on Thursday unveiled three new Alexa tablets priced between $230 and $550, marking a significant strategic shift as the company discontinues its budget-friendly Fire device lineup. The 8-inch, 11-inch, and 12-inch models will be available for preorder on Thursday and begin shipping on October 14. The highest-end Alexa Tablet 12 Pro, priced at $550, features an aluminum backing, higher resolution display, faster processors, and Nanomatte display technology developed with

According to Cointelegraph, the European Parliament adopted a non-binding resolution on Thursday (October 8) calling on the EU Commission to include cryptocurrency-related corruption risks in its upcoming anti-corruption strategy. The resolution also urged stronger measures to track, freeze, and recover criminal proceeds, and to strengthen rules on public procurement, conflict of interest, and political financing. The EU Commission plans to adopt its first anti-corruption strategy by end of 2026

According to ICANN's official announcement, the new round of generic top-level domain applications received 1,615 submissions on October 8, with AI-related domains emerging as a hotspot. The .agent domain attracted 13 applicants, including OpenAI, Meta, Google subsidiary registry operators, and iPollo. OpenAI submitted 15 applications covering .gpt and .chatgpt, while Anthropic applied for .claude. Crypto-related domains such as .btc and .bnb also received multiple applications.

According to an announcement by Sihuan Pharmaceutical (00460), its subsidiary Meiyan Space Biotechnology has completed a strategic investment in Hanteng Biotechnology recently. The two parties plan joint commercialization of Hanteng's full-length recombinant human Type III collagen, with Meiyan Space developing a series of collagen-based medical aesthetics products to strengthen Sihuan's regenerative medical aesthetics portfolio. The investment amount was not disclosed.

According to a security report from CrowdStrike, unidentified hackers attacked multiple South Korean financial institutions between late September and early October, combining large language models (LLMs) with open-source AI penetration testing tool ARTEX to breach systems and steal customer data. The attackers operated from dual servers centered on Hong Kong IP addresses, orchestrating attacks using Claude Code, GLM-5.3, Grok 4.6, and DeepSeek v4.1-flash via API proxy. At least seven South Kore

China's night session futures opened with more declines than gains on October 8. Tin fell over 2%, while soda ash, glass, aluminum, silver, pulp, and lead declined over 1% each. On the upside, methanol surged nearly 7%, ethylene/benzene rose almost 6%, fuel oil and WTI crude climbed over 4%, liquefied petroleum gas gained nearly 4%, asphalt and paraxylene rose over 3%, and benzene advanced over 2%.

According to Mitsubishi UFJ Bank analyst Lee Hardman, on October 8, the pound has become more attractive relative to the euro as fiscal risks in the eurozone intensify, particularly in France. While the U.K. also faces fiscal concerns, with 10-year gilt yields rising to their highest level since before the 2007 global financial crisis, Britain's fiscal challenges are not as severe as France's. Hardman noted that the U.K. government plans to release its budget on October 28, aiming to minimize ma

Bitcoin broke below $82,000 on October 8, posting an intraday decline of 1.82% on the day.

According to ChainCatcher citing Gate market data, Bitcoin (BTC) fell to $82,000 on October 8, recording a 24-hour decline of 1.77%.

According to RSM UK chief economist Thomas Pugh, the UK economy may have contracted 0.1% in August as momentum from June and July fades, reported today. Despite the August decline, Q3 is expected to achieve growth of 0.4% to 0.5%, maintaining the year-to-date quarterly average of 0.5%. Pugh warned that inflation, rising interest rates, and a weakening labor market pose risks to economic expansion in Q4 and 2027, forcing businesses to operate in an environment of softer demand.

According to BlockBeats, on October 8, Bitcoin fell below $82,000, with a 24-hour decline of 1.67%, according to HTX trading data.

According to Standard Chartered, on Thursday the bank announced plans to provide custody for selected cryptoassets, stablecoins and tokenized real-world assets to institutional and accredited corporate clients in Singapore. The service will operate within the bank's Financing and Securities Services division, integrating digital asset custody with traditional asset servicing. The offering remains subject to regulatory requirements, with no launch date or specific asset list disclosed.

According to TSMC's official monthly revenue report, September revenue reached NT$511.86 billion (approximately $16.1 billion), up 54.6% year over year compared with NT$331.43 billion in the same month last year. Despite the strong results, TSMC's Taiwan-listed shares fell 1.35% on Thursday, while its U.S.-listed ADR (TSM) had dropped 2.1% to $472.20 in the previous session as rising bond yields and oil prices weighed on technology stocks.

According to Base's announcement, tokenized stocks will only be available in eligible jurisdictions outside the United States. The platform revealed this decision via its official X account, restricting U.S. investors from accessing these tokenized assets. Base is a trading and investment platform specializing in digital representations of traditional financial products. The restriction comes amid growing interest in tokenized financial instruments, though it may limit investment options for U.S

According to BlockBeats, Federal Reserve Governor Waller stated today (October 8) that further rate hikes remain necessary but with flexibility in pace. The Fed's dot plot indicates potential rate increases in early 2027 followed by rate cuts thereafter.

According to Bloomberg, on October 8, Tencent Holdings is considering issuing up to $5 billion in offshore bonds to fund artificial intelligence infrastructure investments. The bonds could be denominated in U.S. dollars and offshore Chinese yuan, with issuance potentially occurring this month.

According to a peer-reviewed paper published by engineers from ASML and Carl Zeiss, the next-generation chip manufacturing equipment called 'Hyper NA' is expected to be ready in about 10 years. Designed as the successor to ASML's most advanced chip manufacturing device, Hyper NA will achieve finer circuit patterning while reusing much of the two companies' existing technology. ASML has already begun research and development but has not committed to production.

According to Reuters, Nvidia-backed AI infrastructure startup Upscale AI launched Token Fabric platform, designed to help customers connect AI chips from different vendors within a single data center. The platform, built on Nvidia's Spectrum-X technology, combines hardware and software to enable cross-vendor AI processor interconnection.