Gate Crypto Flash News and Market Updates

According to Bloomberg, Absa became Africa's first bank to provide digital asset custody services for institutional clients in South Africa, including asset managers, non-bank financial institutions, and enterprises. The bank has received approval from South African regulators and currently supports custody for Bitcoin, Ethereum, XRP, and USDC.

According to Mpost Media Group and Z Venture, HSC Conference concluded in Seoul on October 1, bringing together over 2,000 attendees and 50+ industry leaders. The event explored stablecoins, tokenization, institutional digital asset adoption, and the emerging agentic AI economy, featuring speakers from IBM Digital Asset, Galaxy Digital, Ethereum Institutional, Animoca Brands, and Offchain Labs. Key discussions included blockchain-based financial infrastructure, Web3 adoption, and real-world asse

President Trump unveiled a strengthened energy agreement with South Korea on October 2, allocating $8.4 billion toward an enhanced oil production project. The initiative aims to boost crude oil and natural gas output to support U.S. energy leadership and global energy security.

According to BlackRock's latest research report, stablecoins are positioned as the essential payment mechanism for autonomous AI agents, with the market cap exceeding $300 billion. The asset manager defined stablecoins as the 'currency of machines' complementing AI's role as 'machine intelligence,' enabling 24/7 blockchain settlement for on-demand payments across API calls and compute resource consumption. Stablecoin adjusted transaction volume reached $11 trillion in 2025. Ahead of the GENIUS A

According to BlockBeats, on October 2, U.S. Treasury yields declined following the nonfarm payroll data release. The 30-year Treasury yield fell 2.8 basis points to 5.575%, while the 2-year yield dropped 7.7 basis points to 4.71%. The 10-year yield declined 5.6 basis points to 5.18%.

According to the U.S. Bureau of Labor Statistics, in September 2026, the number of persons not in the labor force but wanting employment stood at 5.8 million, showing little change from the previous month.

According to ChainCatcher, U.S. stock index futures surged following the release of September employment data.

According to Jin10, traders reduced their bets on a Federal Reserve interest rate hike in October as of October 2.

USD/JPY declined 0.67% intraday on October 2, touching the 157 level. The pair retreated from earlier highs as yen strength gained ground in the foreign exchange market.

According to Guru Club, spot gold rallied over 1% on October 2, trading at $4,220 per ounce.

According to the U.S. Bureau of Labor Statistics on October 2, the agency downwardly revised employment figures for July and August. July non-farm payroll additions were revised from +21,000 to -10,000, while August was revised from 162,000 to 133,000. The combined revision lowered the two-month employment count by 60,000.

The U.S. U6 unemployment rate came in at 7.6% in September, beating the expected 7.7%. The reading represents a 0.1 percentage point decline from the prior month's 7.70%.

TRON DeFi Summer announced that S3 will launch on October 4 at 08:00 SGT with a total prize pool of $2 million, allocated as follows: TRX $1 million, USDD $600,000, JST $300,000, and SUN $100,000. The 60-day campaign will operate through Binance Wallet DeFi and JustLend DAO's Boosted APR incentive program. Users who participated in S2 do not need to reinvest; they will automatically qualify for S3 rewards by maintaining their holdings. New participants can prepare assets in advance to join immed

According to StoneX, on October 1, the firm launched an FX booking centre in Singapore alongside seven additional offshore renminbi pairs. The institutional FX division now supports spot, forwards, non-deliverable forwards, swaps and options, with expanded coverage including Japanese yen, Singapore dollar, Hong Kong dollar, Korean won, Taiwan dollar, Indian rupee, Indonesian rupiah, Philippine peso, Thai baht and UAE dirham. The centre operates alongside SG1 connectivity at Equinix, enabling loc

According to Core Lightning's Friday alert, attackers are targeting nodes running version 26.06.7 or earlier, prompting the project to urge immediate upgrade to version 26.06.8 released on September 22. Core Lightning has not disclosed which specific vulnerabilities are being exploited or whether any fund theft has been confirmed. The project said in a statement: "If you're running version 26.06.7 or earlier, please upgrade to the latest release as soon as possible." Version 26.06.8 included pat

ENJ surged 20.63% to $0.03976 in just 15 minutes today, marking a 36.68% gain over the last 24 hours. Trading volume reached approximately $7.75 million, reflecting heightened market activity as the token recovered from an earlier low of $0.02877.

The U.S. labor force participation rate came in at 61.8% in September, exceeding the forecast of 61.6% and rising from the previous month's 61.6%. The metric tracks the percentage of the working-age population actively employed or seeking employment.

U.S. unemployment rate reached 4.2% in September, exceeding the forecasted 4.1% and the previous month's 4.1%, according to labor market data released in early October.

U.S. private sector employment added 46,000 jobs in September, missing the forecast of 87,000 and declining from the prior month's 127,000, according to ADP employment data.

U.S. average hourly wages increased 3% year-over-year in September, falling short of the expected 3.1% and down from the prior month's 3.1% growth.