Gate Crypto Flash News and Market Updates

U.S. Vice President Vance announced that the United States is reforming its H-1B and J-1 visa programs. Universities employing J-1 visa holders, including Harvard, Yale, Stanford, Brown, and MIT, should be investigated, Vance said.

On Thursday, Eli Lilly filed lawsuits in multiple federal courts against five suppliers—American Peptides LLC, LiveWell Peptides, Cenexa Labs LLC, Medrein Health & Aesthetics, and Medshape Weight Loss Clinic LLC—for illegally manufacturing and selling counterfeit versions of retatrutide, an experimental obesity treatment currently in development. The company alleges these enterprises are promoting unapproved injections through illegal black market channels. Eli Lilly stock (LLY) fell over 4.5% t

According to ChainCatcher, Claude Haiku 5.5 launched on B.AI today (October 8) with simultaneous API and Web Chat access. The model supports 1M token context length, up to 128K output tokens, and adaptive reasoning with five configurable intensity levels. It includes image understanding and tool-calling capabilities, optimized for high-frequency calls and latency-sensitive workloads such as classification, routing, information extraction, summarization, real-time customer support, code retrieval

According to Pyth DAO's official announcement, the decentralized autonomous organization has approved proposal OP-PIP-136, directing all product revenue toward purchasing PYTH tokens on the open market and depositing them into the reserve, up from the previous allocation of one-third of non-PYTH treasury balance. The measure replaces monthly voting cycles with a long-term authorization framework and applies to existing non-PYTH assets. Pyth's annualized recurring revenue (ARR) has reached $11.5

According to Yonhap Infomax, on October 8, the U.S. dollar index rose to 102.404, up 0.126% from the previous close, amid expectations of potential U.S. military operations against Iran. West Texas Intermediate crude oil futures for November delivery surged nearly 5% to around $93 per barrel, while the euro declined to 1.11796 against the dollar on concerns over European economic exposure to energy prices. According to Axios, the U.S. Department of Defense has instructed Central Command to prepa

According to Pyth official blog on October 8, Pyth DAO has approved a '100% rule' directing all DAO-received product revenue toward open-market PYTH token buybacks, replacing the previous mechanism of allocating one-third of non-PYTH treasury reserves monthly. As of end-September, Pyth's annual recurring revenue (ARR) reached $11.49 million, up 86.5% quarter-over-quarter, with 276 paying accounts.

According to BlockBeats, Citrini Research disclosed its investment portfolio on October 8 in an article titled "Breaking The Wall", which discusses the intersection of agentic AI with cryptocurrency and traditional finance. The disclosed crypto token allocation includes Derive (DRV) 10%, Lighter (LIT) 10%, Ether.fi (ETHFI) 10%, Aave (AAVE) 9%, Ethena (ENA) 9%, Solana (SOL) 8%, Hyperliquid (HYPE) 7%, Aerodrome (AERO) 7%, LayerZero (ZRO) 5%, Chainlink (LINK) 5%, Backpack (BP) 5%, Maple (SYRUP) 5%,

According to Bloomberg, Belron Group SCA, the parent company of Safelite and Autoglass, has selected investment banks for a potential IPO as early as next year, targeting a valuation exceeding €30 billion (approximately $34 billion). The arrangement includes Bank of America, BNP Paribas, JPMorgan Chase, and Morgan Stanley. The world's largest auto glass repair company is leaning toward an Amsterdam listing, which could become one of Europe's largest IPOs in years.

Portugal's government projects a budget surplus equivalent to 0.1% of GDP for 2027, following the achievement of budget balance in 2026.

According to Iran's Tasnim News Agency, Iranian President Pezeshkian stated before departing for Turkmenistan that the Caspian Sea is a legacy for future generations and requires joint cooperation and management from littoral states to address environmental threats.

According to New York Federal Reserve data, the secured overnight financing rate (SOFR) fell to 3.88% on October 7, down 2 basis points from the previous trading day. The effective federal funds rate held steady at 3.88% on the same date.

According to Tasnim News Agency, Iranian President Masoud Pezeshkian arrived in Turkmenistan on October 8 to hold bilateral talks and discussions with Russian President Vladimir Putin.

According to Ghana's Health Minister Kwabena Akando, Ghana reported 450 suspected yellow fever cases between June and September 2026, with 3 cases confirmed. The Health Ministry has strengthened monitoring and response measures, deploying rapid response teams to the Upper West region where most suspected cases have been reported.

According to Foshan Gold Control Futures' October 8 research report, copper concentrate TC prices fell to near 5-year lows on October 8 amid escalating supply shortages. Domestic smelters are reducing profits due to declining TC and falling sulfuric acid prices, with multiple maintenance activities expected this month. Electrolytic copper spot premiums remain at extremely high levels, supported by tight supply and low inventory. However, spot premiums may decline after the holiday period as mark

Greece has published a draft law proposing a 10% tax on crypto capital gains, with a €500 annual exemption per individual, following public consultation that runs until October 22. The proposal, released by the Ministry of National Economy and Finance, exempts crypto-to-crypto transactions from immediate taxation; transfers between digital assets would only trigger tax recognition when ultimately converted to fiat currency or another taxable event occurs. Staking, lending, and liquidity-provisio

According to Iran's Tasnim news agency, two armed attacks on security personnel occurred on October 8 in Sistan and Baluchestan Province in southeastern Iran, resulting in 2 deaths and 3 injuries. In Nikshahr, a vehicle carrying Iranian Army ground forces personnel was attacked during a troop rotation, leaving 1 dead and 3 wounded. In Zahedan County, a police tactical unit came under fire during patrol, resulting in 1 officer killed. Local authorities have identified the suspects and launched se

According to Crypto.com, the exchange has announced support for HPP's migration to the Ethereum network at a 1:1 ratio. Deposits via the HPP native network have been disabled, while withdrawals remain open until October 12, 2026, at 02:00 UTC. Trading of HPP will continue during the migration period.

According to Glassnode data, over 6 million bitcoins are held under publicly visible keys on-chain, representing 31.2% of circulating supply. This marks a 5-6 percentage point increase from the 2023 low point. Since Glassnode's May report, exposed supply has grown by 222,000 BTC (approximately $18.2 billion), while total bitcoin supply increased by only 64,000 BTC during the same period. Exchanges contributed 123,000 BTC of the increase, currently holding 1.79 million BTC with visible public key

According to Moishe Mana, billionaire Ken Griffin, founder of Citadel, paid the developer $1.1 billion last week to purchase a plot of land in Wynwood, Miami, where Carnegie Mellon University plans to establish a campus. Griffin stated the acquisition will transform the Florida city into a hub for education and innovation.

According to Iran's semi-official Tasnim news agency, Iran's Foreign Minister Abbas Araghchi said on October 8 that his country is reviewing the U.S. proposal and will provide a response within the coming days. Araghchi added that negotiations remain ongoing with messages being exchanged through mediators. Iran had previously presented its "7-Day Plan" for reopening the Strait of Hormuz, which includes conditions such as unfreezing at least $13 billion in Iranian overseas assets, lifting sanctio