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
05:16
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Shanghai Launches Smart Manufacturing Initiative, Targeting 8,000 Humanoid Robots in Factories by 2028

According to Guru Club, Shanghai launched an action plan to accelerate next-generation intelligent manufacturing on October 12 during the opening of the 26th China International Industry Fair. By 2028, the city aims to deploy 8,000 humanoid robots in factories, achieve industrial robot density of 600 units per 10,000 workers, and push the intelligent manufacturing equipment industry scale to exceed 200 billion yuan.
05:16
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DeepSeek Web and App Conversation Services Experience Partial Outage Today

According to Guru Club, DeepSeek's web and app conversation services experienced a partial outage today, with users unable to access normal conversation functionality. The platform's official status page initially indicated the disruption and is investigating root causes, later showing that service has been restored. However, third-party monitoring platforms report that the outage began early this morning and is still ongoing as of press time, primarily affecting web and app conversation service
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05:13
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Copper Approaches Record Highs at $14,622/Ton; UBS Warns Supply Shortage Could Last Until Early 2030s

According to major banks including UBS, JPMorgan, and Deutsche Bank, London copper futures closed near record highs on Friday (October 9) at approximately $14,622 per metric ton. UBS analyst Théa Ziegler warned that global copper supply shortages could persist into the early 2030s, driven by demand from electrification and data center construction outpacing supply growth. Supply constraints are intensifying on multiple fronts. JPMorgan's Natalia Corfield noted that Chile's Centinela copper mine,
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05:03
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Robeco Says High Bond Yields Haven't Delivered 'Death Sentence' for Stocks, Sees Strong Corporate Earnings

According to Robeco Asset Management, Colin Graham, head of multi-asset, said on October 9 that while elevated bond yields—with U.S. 10-year Treasury rates climbing to 5% or above—raise hurdles for stock investing, they have not sealed equities' fate. Graham noted that if inflation remains controlled and corporate earnings growth stays robust, stock markets can continue performing as long as profit growth outpaces rising capital costs. Robeco highlighted that the current environment differs from
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05:03
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Bank of Korea Monitors Financial Vulnerability Index as FVI Falls to 46 from 65 on October 12

According to Bank of Korea Governor Shin Hyun-song on October 12, the central bank is closely monitoring the Financial Vulnerability Index (FVI) and other indicators to assess financial risks. The FVI has declined to approximately 46, its long-term average, from 65 recorded before the Legoland incident. The index uses 100 as the baseline for the 1997 Asian financial crisis. Governor Shin acknowledged that while the central bank conducts joint inspections with other regulators, its supervisory au
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05:02
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Grass Explores Providing Network Data Infrastructure to AI Agents

According to crypto analyst Ansem, Grass has built scalable infrastructure for collecting and processing network data and is now exploring providing these tools directly to AI agents and large language models. As AI agent capabilities improve, real-time access to network data will become increasingly important, potentially opening new markets for infrastructure providers like Grass.
GRASS28.01%
05:02
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Taleb Warns AI's Bright Future Doesn't Justify Current Valuations; Eyes US Treasury Demand Risk

According to Nassim Taleb, author of "The Black Swan," speaking at the Greenwich Economic Forum, strong AI prospects do not automatically justify current valuations of tech companies. He cautioned that today's hot AI firms may not be the ultimate winners, as technological breakthroughs and competitive innovations could reshape market positions. Separately, Taleb expressed greater concern about weakening domestic US Treasury demand—particularly from pension funds and long-term investors—than fore
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05:02
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Binance Leads TradFi Asset Trading With $3.92B in 24-Hour Volume; Bitget, OKX Follow

According to RootData data, Binance led tokenized TradFi assets in trading volume over the past 24 hours with approximately $3.92 billion, capturing 62.8% market share. Bitget ranked second with $550 million in volume and 8.8% market share, followed by OKX at $423 million and 6.8% market share. The data covers crypto-native asset types including derivatives and tokenized products, excluding traditional brokerage stocks.
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05:01
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France's Finance Committee Passes Crypto Disclosure Amendment, €100k Threshold Triggers Reporting

According to Cointelegraph, France's National Assembly Finance Committee has passed amendment I-CF821, requiring holders of self-custodied crypto assets valued at or above €100,000 (approximately $112,000) to disclose their holdings as of December 31 annually. Non-compliance can result in fines up to €10,000. The amendment, proposed by Charles de Courson, Jean-Pierre Bataille, and Michel Castellani, aims to combat tax evasion. The committee voted 31 to 3 in favor. The amendment must still be res
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04:52
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Apple and Microsoft Disclose Blockchain Patents for Digital Asset Transactions

According to Digital Asset's review of U.S. Patent Office and WIPO records on October 12 (Korean time), Apple disclosed a patent titled "Private Blockchain Interface" (US20260187611A1) on July 2, designed to enable fast transfers between users by processing transactions through an off-chain server rather than recording each transaction directly on-chain. The technology supports inter-user payments and settlements while reducing transaction time and fees. Microsoft Technology Licensing disclosed
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ZK2.50%
04:44
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Omdia Predicts AI Features to Account for 12% of Telecom App Spending by 2031

According to Omdia on October 12, the research firm predicts that by 2031, AI features will account for 12% of global telecommunications operators' network application spending. Omdia also forecasts that major telecom operators will invest a combined $22.9 billion in cloud and AI infrastructure by 2031, driven by the shift toward AI-native networks built on cloud-native foundations.
04:43
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AI Application Security to Reach $851M in 2027 Spending, Open Source Securities Report

According to Open Source Securities, AI security risks are penetrating core business operations as large language models and AI agents accelerate deployment, introducing new systematic risks such as prompt injection, model poisoning, and multi-agent coordination attacks. In 2027, AI application security is projected to be the largest spending category at approximately $851 million, followed by AI usage control at an estimated $749 million, the firm said on October 12. The cybersecurity industry
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04:42
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Houthi Rebels Attack Saudi's King Khalid Airport Second Time in 24 Hours, Terminal 4 Hit

According to Saudi-led coalition and Houthi military spokesman Yahya Sare, King Khalid International Airport in Riyadh came under attack on October 11, with Terminal 4 struck and fires reported. The strike occurred just one day after a previous missile attack that killed 13 people. Saudi Arabia's General Authority of Civil Aviation confirmed the attack and reported multiple casualties. Yahya Sare claimed the Houthis conducted four successful operations in the past 24 hours using ballistic missil
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04:38
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TMUS Plunges 13%, CMCSA Down 2%, JOBY Falls 5% to 52-Week Lows on Friday

T-Mobile US Inc. (TMUS), Comcast Corp. (CMCSA), and Joby Aviation Inc. (JOBY) stocks fell to annual lows on Friday following telecom sector developments and analyst caution. TMUS plunged 13% to $147.90, its steepest single-day decline in history, after SpaceX's Starlink formally entered the telecom market and announced spectrum in the 800 MHz band. CMCSA dropped 2% to $20.48 amid the broader telecom selloff triggered by Starlink competition concerns. JOBY declined 5% to $5.23 after Barclays down
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04:38
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South Korea's KOSPI Falls Below 6,500, KOSDAQ Drops Over 4% on October 12 Amid Chip Concerns

According to Yonhap Infomax, South Korea's KOSPI index fell below the 6,500 level and KOSDAQ dropped over 4% on October 12, with major semiconductor and blue-chip stocks declining sharply. The selloff was attributed to multiple domestic factors rather than global shocks: concerns over Chinese chipmaker CXMT's planned launch of advanced server DDR5 chips, disappointing revenue figures from OpenAI weighing on AI-related stocks, rising memory chip prices potentially dampening IT product demand, for
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