Gate Crypto Flash News and Market Updates

Ripple and South Korean brokerage Meritz Securities have signed a strategic partnership to evaluate Ripple Custody and tokenization infrastructure for the country's capital markets. The companies plan to begin cooperation within existing securities regulations, then expand in stages as South Korea's digital-asset framework evolves. Ripple Asia-Pacific Managing Director Fiona Murray said the arrangement would explore how digital-asset infrastructure could support Korea's capital markets developme

On Wednesday, October 7, German 2-year bond yields fell 4.4 basis points to 3.069%, trading within a range of 3.142%-3.046% during the session. The 10-year yield declined marginally by 0.3 basis points to 3.475%, while the 30-year yield rose 0.6 basis points to 3.851%. The 2/10-year yield spread widened by 3.819 basis points to +40.155 basis points.

According to Bloomberg, on October 8, cybersecurity consultant Jonathan Spalletta was found guilty by a New York jury of stealing nearly $55 million from crypto trading platform Uranium Finance in two 2021 attacks. The jury deliberated for over two hours before reaching the verdict. Spalletta faces up to 20 years in prison on money laundering charges related to his use of Tornado Cash and other crypto mixing services. Sentencing is scheduled for February 16. Authorities recovered over $3 million

According to ChainCatcher, cryptographer Justin Drake recently posted on X platform warning that ECDSA encryption could be compromised within months rather than years, potentially before quantum computing's "Q-Day." Drake suggested that artificial intelligence breakthroughs are accelerating, and classical algorithms could recover private keys in approximately one week using large GPU clusters. He recommended that large asset holders migrate most funds to fresh addresses that have never signed tr

According to a statement from YPF, Argentina's state-owned oil company has signed a sustainable aviation fuel (SAF) supply agreement with TotalEnergies. The project carries a total investment of $400 million.

According to Yonhapinfomax, on October 7 (local time), UK 30-year gilt yields surged to 5.9918%, briefly breaking the 6% threshold intraday—marking the highest level since 1998. The 10-year gilt yield also rose 8.35 basis points to 5.4648%. The selloff reflects rising inflation concerns driven by surging crude oil prices amid escalating conflict between Saudi Arabia-backed forces and Yemen's Houthi rebels near key shipping routes. Rising gilt yields pose challenges for the UK government's debt m

U.S. Secretary of State Marco Rubio stated that despite occasional tensions, the bonds between the United States and Europe must not be broken. He emphasized the need to strengthen the alliance together to address contemporary global threats.

According to OpenAI's report released on Wednesday, October 8, teenagers spend an average of less than 15 minutes per day on ChatGPT, with fewer than 2% of users engaging continuously for over 3 hours. Nearly half of teens who receive rest reminders choose to pause or end their chat within five minutes. OpenAI launched ChatGPT for Teens in August with parental controls and restrictions on sensitive topics. However, nonprofit Common Sense Media reported that the app often fails to alert parents w

According to ChainCatcher, Lido announced the launch of Lido Lend, a lending protocol based on a modified fork of Morpho Blue, planned to go live in the fourth quarter of 2026. The protocol features three core designs: isolated market structures to prevent cross-market contagion, deposit screening to block compromised collateral, and reliable lender exit mechanisms even at full utilization. Lido Lend will focus on low-volatility blue-chip trading pairs such as stETH/ETH and will be governed by L

Germany's financial regulator BaFin has rejected futurum bank AG's application for a Markets in Crypto-Assets Regulation (MiCA) authorization, prompting Bitcoin Group SE to pursue a new operating model for its bitcoin.de platform. Trading activities have been largely suspended since June 12, while the company awaited the regulatory decision originally submitted on June 27, 2025. Bitcoin Group plans to restore trading through partnerships with regulated German institutions, with one serving as tr

According to ChainCatcher, U.S. House Financial Services Committee Chair French Hill said on Wednesday that regulatory agencies lack the long-term stability that congressional legislation would provide for digital asset oversight. He urged Congress to pass the CLARITY Act during the lame duck session before the new Congress convenes in 2027. Hill noted that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have proposed related rulemaking, but their

According to NEAR Protocol, the Bitwise NEAR ETF ranked in the top 10 by assets under management among all 107 US ETFs launched in September. The ETF amassed over $50 million in inflows shortly after launch, reflecting strong institutional interest in NEAR Protocol and signaling increased confidence in the protocol's market potential.

According to Saudi media Alhadath, Washington has demanded that Iran limit its nuclear capabilities before receiving any concessions in ongoing negotiations. Senior sources cited by the outlet stated that U.S.-Iran mediation efforts have reached an impasse, with progress now dependent on Tehran's response to Washington's nuclear-related demands. The sources also noted that the United States no longer prioritizes the Strait of Hormuz issue following Iran's loss of control over the waterway.

According to an official announcement, the Bank for International Settlements (BIS) will participate in DC Fintech Week from October 13 to 16, 2026, to discuss fintech, financial inclusion, AI, and tokenization. The event is organized in collaboration with the World Bank Group.

According to NEAR Protocol's recent announcement, the blockchain has connected Quantus' quantum-resistant asset QTC to a broader cross-chain liquidity pool. The integration aims to enhance asset interactions across multiple networks, enabling users to access flexible asset management solutions. NEAR Protocol highlighted the move as part of its strategy to strengthen blockchain interoperability and security, leveraging QTC's quantum-resistant properties to improve the security profile for assets

According to Morgan Stanley strategists, the bank Wednesday recommended shorting the EUR/CHF currency pair, citing rising risk sentiment and elevated risk premium in eurozone assets. The strategists said the trade could hedge against further increases in fiscal and political risk premiums. Morgan Stanley set a target of 0.90 and a stop-loss level at 0.96 for the short position. The bank also reiterated its recommendation to short EUR/AUD and expects the euro to weaken against most currencies.

According to Anadolu Agency, Israel's Joint List party, composed of three Arab political factions, launched its campaign in Tel Aviv on October 5 ahead of the country's parliamentary elections scheduled for this month. The party said it would "make every effort to remove Prime Minister Netanyahu and several of his far-right cabinet members from office," adding that Netanyahu should "fear the votes of Israel's Arab citizens."

According to London Baltic Exchange data from Wednesday, renting an ultra-large crude carrier (VLCC) to transport U.S. crude oil to Asia surged to a record $77 million, compared with an average of $9.2 million in 2025. The spike reflects increased transportation costs across the petroleum supply chain.

According to Russia's Federal State Statistics Service, the weekly consumer inflation rate reached 0.96% for the week ended October 5, up sharply from 0.12% in the prior week.

SAND price climbed 10.45% in just one hour, rising from $0.07352 to $0.0812, reflecting strong buying interest in The Sandbox. The asset also posted a 22.90% gain over the past 24 hours, with a daily high of $0.0812 and low of $0.0696. Trading volume reached approximately $27 million, indicating robust market engagement and trader activity surrounding the metaverse-focused project.