Gate Crypto Flash News and Market Updates

According to Peptron's official statement, the South Korean biotech company's technical evaluation period with U.S. pharmaceutical giant Eli Lilly for its SmartDepot drug delivery platform concluded on October 7 without a follow-up commercialization agreement. On the morning of October 8, Peptron's stock price fell 32,100 Korean won (-24.58%) to 98,500 won. The company emphasized that the end of the technical evaluation does not mean the collaboration has failed, though it acknowledged the absen

On October 7, Anthropic launched Claude Haiku 5.5, a small-sized model designed for high-frequency, low-cost, and large-scale AI applications ahead of its planned IPO. The company stated that Haiku 5.5 reduces average running costs by 75% compared to its predecessor Haiku 4.5, with pricing for prompts under 100,000 tokens at $0.10 per million input tokens and $0.50 per million output tokens—a 90% reduction from the previous generation. For longer prompts exceeding 100,000 tokens, input and outpu

According to analyst Eamonn Sheridan, U.S. forecasters expect a storm forming in the Gulf of Mexico to become the Atlantic's first hurricane of 2026 within the next two days and potentially strike oil and gas facilities. Offshore production zones in the storm's path account for approximately 15% of U.S. crude production and 5% of natural gas output. Up to six refineries may also be affected.

According to BlockBeats and Arkham Intelligence monitoring, the U.S. government transferred a combined $670 million in crypto assets over the past 32 hours ending early October 8, including 6,215.7 BTC ($520 million), 119 million USDT, and 40,285 BNB ($31.63 million). The latest batch of 5,382.1 BTC ($448 million) was moved overnight into Coinbase Prime, with both BTC and USDT balances directed to the same custodian.

According to official announcement, Coinbase launched PONS spot trading on October 8. The PONS-USD trading pair will be available in supported regions if liquidity conditions are met.

According to Seoul Exchange's announcement on October 8, the fintech startup is preparing to launch tokenized securities (STO) trading infrastructure for unlisted stocks. The company stated it will complete its over-the-counter brokerage license application process and enable investors to trade tokenized securities, including real-world assets (RWA), starting in February 2027.

According to Yonhapnews TV, South Korea's KOSPI index opened 0.07% higher at 6,808.68 on October 8, while the KOSDAQ fell 0.03% to 898.19. Samsung Electronics traded flat as the company announced third-quarter earnings.

According to CNBC, President Trump will present national honors to several technology executives on Thursday at the Science: A New Golden Age Summit. Elon Musk (SpaceX and Tesla), Sergey Brin (Google co-founder), Jensen Huang (Nvidia CEO), and Su Ziu-fei (AMD CEO) will receive the National Medal of Science, while Michael Dell (Dell founder) and Satya Nadella (Microsoft CEO) will receive the National Medal of Technology and Innovation. White House deputy press secretary Liz Huston said the Trump

According to OpenAI, the company added College Planner to ChatGPT for Teens on October 7, initially for U.S. high school students in grades 10 to 12 planning to attend four-year colleges. The tool organizes college application requirements, deadlines, and financial aid tasks in a single plan, allowing students to ask questions within the interface. OpenAI will also support Boston Children's Hospital's Digital Wellness Lab for three years, collaborating on digital wellbeing and AI research involv

According to PANews, Vitalik cautioned on October 8 that artificial intelligence acceleration poses significant risks to cryptographic security beyond quantum computing threats. He specifically identified ML-DSA, fully homomorphic encryption (FHE), and lattice-based cryptography as emerging risk areas, warning that ECDSA security may collapse faster than anticipated. Vitalik advised users not to hastily move funds but to take the threats seriously. He recommended prioritizing hash-based cryptogr

According to Ukrainian Foreign Ministry spokesman Serhii Nyshchenko, Ukraine expressed willingness to participate in trilateral peace talks with Russia and the United States on October 7. Nyshchenko said Ukraine hopes the talks will be held in October and is willing to attend talks at both leadership and other diplomatic levels.

According to a Citic Securities report on October 8, China's transportation and logistics sector shows differentiated earnings performance in Q3 2026, with shipping cycle reshaping driving profit elasticity across oil tankers and container shipping. Oil tanker spot prices are expected to surge post-National Day holiday, supported by strategic oil reserve releases and seasonal demand increases. Container shipping profit margins are anticipated as a key revaluation catalyst, with stable cash flows

According to BlockBeats, on October 8, U.S. consumer one-year inflation expectations rose to 3.9%, marking a three-year high and signaling improved labor market confidence. The Federal Reserve's September meeting minutes revealed all 19 policymakers supported the September rate hike, with most members suggesting another potential rate increase before year-end. In response, major U.S. stock indices declined. Bitcoin dropped below $83,000 overnight and is now trading at $83,234.80, seeking short-t

According to analysis by seven major South Korean securities firms on October 8, Hyundai Motor's third-quarter operating profit is forecast at 2.38 trillion won, down 6.36% year-over-year, while revenue is expected at 44.68 trillion won, down 4.37%. The decline is attributed to production disruptions from union strikes (causing approximately 55,000 units in delayed shipments), won appreciation, and raw material cost pressures. The automaker's fourth-quarter performance is expected to recover as

According to Jin10 Futures, precious metals prices remained in narrow ranges on October 8 during China's National Holiday break. London gold traded between $4,100 and $4,230 per ounce, while London silver ranged from $60 to $62 per ounce. COMEX gold futures fluctuated between $4,130 and $4,260 per ounce, with COMEX silver holding between $59.95 and $62.50 per ounce. Weakness in precious metals was primarily driven by expectations of further Federal Reserve interest rate hikes and stronger U.S. d

According to ValueFinder, in May 2026 DYC completed a KRW 2.0 billion private placement of new shares to LIG D&A, making the defense systems integrator its third largest shareholder with a 5.63% stake. The entire proceeds are being invested in defense production facilities. The move marks the first instance of a guided weapons system integrator acquiring an equity stake in a component supplier. DYC Dynamics, a wholly owned subsidiary acquired in 2025, produces guided weapon components including

According to SK Securities analyst Hyung Kwon-hoon, the firm maintained a buy rating on South Korean cosmetics company Amorepacific today (October 8) with a target price of 180,000 KRW. The analyst cited expected improvements in operating profit margins and next year's revenue growth driven by marketing efficiency gains and expanded customer touchpoints across SNS, Amazon, and TikTok channels, replacing the previous reliance on Sephora in Western markets. SK Securities adjusted its operating pro

According to Korea Exchange, as of 9:02 AM on October 8, KOSPI fell 0.34% to 6,781.05 after opening 0.07% higher, while KOSDAQ declined 0.72% to 891.96. The previous trading day, KOSPI closed down 1.98% at 6,803.90.

According to Galaxy research, the U.S. government's Bitcoin holdings declined from 332,699 BTC valued at $34.1 billion on January 20, 2025, to 319,086 BTC worth $26.5 billion on October 7, 2025. The reduction represents a loss of approximately 13,613 BTC and $7.6 billion in value over the nine-month period.

According to Liquid24/7.xyz, Coinbase placed a buy order for 71.7 BTC at $82,928, valued at approximately $5.95 million, representing a 0.41% pullback from the then mid-price of $83,273. This buy order stands as Coinbase's spot BTC support level in the near-term orderbook, with net long buying of $1.77 million. Overall near-term buy-side depth totals $22.67 million against sell-side depth of $20.90 million on the exchange.