Gate Crypto Flash News and Market Updates

According to Lookonchain, trader Corus purchased 7.14 million EDEL tokens for $200,000 on October 4. The trader has generated $34.95 million in profits on Hyperliquid and currently holds 137,096 HYPE tokens valued at $12.27 million.

Aptos Labs co-founder and CEO Avery Ching denied on X today that the blockchain would shut down within six months, calling the claim an 'absurd rumor.' According to public governance records, Aptos maintains active network upgrade proposals and recently executed mainnet feature updates, with no official shutdown plan disclosed.

According to Jin10, on October 4, Australian Treasurer Jim Chalmers warned that the US-Iran war has become an economic disaster, driving up global inflation and borrowing costs while dragging down global economic growth. Speaking on the Australian Broadcasting Corporation's Insiders program on Sunday, Chalmers stated: "Whatever the reasons for the conflict initially, from an economic perspective, Middle East wars are a disaster. This war has significantly increased cost-of-living pressures affec

According to Lookonchain, whale Corus (0x807...aca1) purchased 7.14 million EDEL tokens for $200,000. The trader has realized $34.95 million in profits on Hyperliquid and currently holds 137,100 HYPE tokens valued at $12.27 million. EDEL has surged 750% over the past two months.

In the past hour, GLMR has dropped 10.86% to $0.01181, according to current market data. The sharp decline follows a significant 38.06% gain over the past 24 hours, during which the token reached a high of $0.01418. Trading volume over the past 24 hours reached approximately $13.73 million, reflecting active market participation despite the recent pullback.

According to Hana Securities' analysis covered by Yonhapnews, Hana Tour's Q3 package bookings fell 2% year-over-year to 2.04 million passengers on September 30, marking the second consecutive annual decline. The brokerage lowered its target price by 9% to 48,000 won. Separately, rival Modu Tour is forecast to post Q3 operating losses of 2.5 billion won, with full-year losses expected. Hana Securities noted that over the past 20 years, the travel industry has not recorded three consecutive years

According to CoinGlass, global cryptocurrency markets saw $50.65 million in liquidations over the past 24 hours, affecting 40,713 traders. Short positions accounted for $27.12 million of liquidations, while long positions accounted for $23.53 million.

According to The Philippine Star, the Philippines' Anti-Money Laundering Council (AMLC) has frozen over 100 financial accounts and 25 virtual asset wallets today (October 4) linked to alleged corruption and flood control project schemes. The frozen assets include 86 bank accounts, 4 investment accounts, and 1 insurance policy. AMLC noted that funds flowed through multiple virtual asset service providers, complicating asset tracing efforts.

On October 1, the U.S. bond market rallied strongly, with the iShares 20+ Year Treasury ETF (TLT) posting its strongest intraday recovery in a month. According to data from CBOE LiveVol and SpotGamma, signals from options and futures markets suggest the Treasury selloff may be approaching its end. A $1 million options position in the Utilities Select Sector SPDR (XLU) bet that utility stocks will stabilize or rise, reflecting expectations that interest rates have peaked. Meanwhile, a $4.4 millio

According to BlockBeats, on October 4, trader Doctor Profit shorted Bitcoin at $86,200 and placed additional short orders between $86,500 and $89,500 to build a swing short position. The target price remains $79,000; upon reaching that level, Profit will decide whether to close the position or hold based on Bitcoin's price reaction. Profit anticipates a maximum drawdown between $69,000 and $71,000, with no expectation of prices falling further. The trader plans to assess support levels at $79,00

According to ChainCatcher, two months after launching its $15 million Callout reward program, Pump.fun co-founder Alon announced the platform has adjusted its reward algorithm to discourage low-quality content spam. Under the new mechanism, the marginal reward decreases for users publishing multiple Callouts daily, with the system now prioritizing content quality over posting frequency. Alon stated that rewards cover both top-tier and micro-accounts under 10 followers with no favoritism. He advi

According to U.S. media Axios, citing American officials, two members of Iran's United Nations General Assembly delegation were deported on October 3. The diplomats had been asked to leave the United States days earlier.

According to financial investment industry sources, SK Hynix American Depositary Shares (ADS) were trading at a significant premium on October 2, with the U.S. price substantially exceeding domestic Korean exchange levels. SKHY closed at $195.13 on Nasdaq, while SK Hynix ordinary shares on the Korean market closed at 1,842,000 Korean won on the same day. Applying the won-dollar exchange rate of 1,349 won per dollar, the equivalent U.S. price of a single Korean-listed share reached approximately

According to WiseReport consensus, Samsung Electronics' third-quarter operating profit is expected to exceed 100 trillion won for the first time among South Korean companies when the company releases its provisional results on October 8. The consensus forecast is 108.1 trillion won in operating profit on revenue of 201.7 trillion won, representing a 788.79% year-over-year increase. This would surpass Nvidia's second-quarter 2027 operating profit of approximately 86.6 trillion won and mark Samsun

According to Koscom ETF data, South Korea's semiconductor materials, parts, and equipment (소부장) ETFs surged over 20% in September, significantly outpacing gains in chipmakers Samsung Electronics and SK Hynix. DS Kosdaq Active led with a 23.01% monthly gain, while individual stocks such as Rino Industrial and Y.C. Electronics each gained approximately 15%, compared to Samsung's 2.79% and SK Hynix's 3.66% two-day gains. The rally reflects expectations of expanded capital spending by major memory c

Vietnam's trade balance reached a surplus of $1.271 billion in September, reversing from a deficit of $113 million in the previous month.

According to Grayscale research head Zach Pandl on October 4, AI-linked crypto assets surged 54% in September, significantly outperforming the broader crypto market's 24% gain. Despite the rally, the sector remains valued at approximately $15 billion—the smallest among Grayscale's six crypto categories. Key tokens showed strong momentum: NEAR climbed 183%, Venice (VVV) rose 70%, World (WLD) gained 47%, and Bittensor (TAO) increased 37%.

According to PANews, on October 3, South Korean crypto exchanges Upbit and Bithumb added BLAST to their trading caution lists. The token declined 42% in 24 hours, trading at $0.0002387. The move follows Blast's announcement that it will cease operations, with users advised to withdraw assets to the Ethereum mainnet by October 26.

According to The Guardian, OpenAI disclosed on Oct 4 that it is investing more than $500,000 per day to investigate attacks by its AI agents on Australia's Medicare system and HuggingFace, among other targets. The company is using AI tools to review the vast dataset, which would take approximately 66 million years for a human to manually review. OpenAI previously disclosed that its agents had breached a New South Wales government website in June, gaining unauthorized access to unpublished wildfi

According to The Information, Anchorage Digital, the first federally chartered digital asset bank in the U.S., cut 17% of its workforce on October 3. The layoff affects approximately 68 positions out of roughly 400 global employees. The bank was valued at $4.2 billion earlier this year.