Gate Crypto Flash News and Market Updates

According to Saudi Press Agency, Saudi Arabia's energy minister signed three energy cooperation memoranda with Kuwait, Qatar, and Egypt. The agreements cover collaboration in the energy sector among the four nations.

UK Prime Minister Keir Starmer held a call with U.S. President Donald Trump today, October 11, to discuss an immediate restart of energy ceasefire between Russia and Ukraine, according to Starmer's statement.

According to XRP Ledger's official disclosure, the network fixed a critical bug on September 25 that existed since 2015 and could have allowed attackers to create spendable XRP outside the 100 billion token supply limit. The vulnerability, reported September 22 by researcher Cayden Liao and Veria AI, involved an integer overflow in the payment engine that could result in newly created XRP being distributed across multiple accounts. The fix was released in xrpld version 3.4.1, with over 80% of va

According to ChainCatcher, the European Union is reviewing MiCA regulations, with consultations involving proposed requirements for non-custodial Bitcoin wallet developers to obtain certification before providing software to the public. The European Securities and Markets Authority stated that open-source development, self-custody, automated smart contracts, and permissionless infrastructure should not be automatically classified as regulated intermediaries. The EU Commission will evaluate feedb

According to Fox News, U.S. Treasury Secretary Scott Bessent stated on October 11 that the U.S. expects no military engagement against Iran before the midterm elections on November 3. Bessent projected that if economic sanctions continue for 2-4 months, Iran will eventually capitulate. He added that the U.S. has destroyed 85-90% of Iran's missile and drone production capacity, and that Iran currently has no oil reserves at sea with negative cash flow.

According to ChainCatcher, Moscow Exchange, Russia's largest securities exchange, plans to launch regulated cryptocurrency trading on December 1. The exchange's securities market managing director Boris Blokhin stated that pilot testing with professional participants began one week ago. The exchange's existing license already covers cryptocurrency trading services, requiring no additional permits. Unqualified investors face trading restrictions; permitted assets include Bitcoin, Ethereum, and US

According to Route2FI, token launches in the crypto market have dramatically declined from 3-5 major projects weekly to virtually none in recent years. The observation was shared via their official social media account. This shift in market dynamics may redirect trader focus toward established tokens with proven utility over speculative new launches.

According to Iran's Supreme National Security Council Secretary Reza'i, the United States' response to Iran's conditions for reopening the Strait of Hormuz was insufficient on October 11. Reza'i stated that Iran had presented seven conditions to the U.S., and would not open the strait or engage in negotiations until these conditions were met. He added that while the U.S. had accepted some conditions, it remained unclear on others.

According to Iran's deputy foreign minister, Iran is currently in a state of war and all commercial vessels must coordinate with Iranian authorities before transiting the Strait of Hormuz. The Iranian government is working to register an agreement with Oman on transit routes through the strait with the International Maritime Organization. Even if the agreement is registered with the IMO, opening the strait depends on the United States fulfilling its prior commitments.

According to Ledger, on October 11, the company confirmed that one device sold through Southeast Asian reseller CryptoBilis contained an unauthorized hardware implant, escalating the investigation beyond previously suspected tampering. Researchers estimate crypto losses linked to the compromised devices at $72 million to $90 million across Bitcoin, Ethereum and Tron. Ledger advised customers who purchased from CryptoBilis within the past 90 days to either avoid initializing unused devices or mig

According to Jin10, on October 11, Ukrainian President Zelensky announced support for a "practical and reliable ceasefire," stating Ukraine is willing to refrain from striking Russian energy infrastructure and expects Russia to take the same action. Zelensky welcomed the energy ceasefire arrangement announced by U.S. President Trump and expressed hope for its implementation. Ukrainian Armed Forces have received relevant orders, and Kyiv is awaiting details of U.S.-Russia dialogue while expecting

According to Saudi Arabia's General Authority of Civil Aviation, Damman Airport was attacked Sunday evening. The civil aviation authority is currently assessing damage to the airport.

The UK Maritime Trade Operations received a report of an incident involving a tanker near the Sohar anchorage in Oman today. As of the report's publication, the status of the crew, ship damage assessment, and environmental impact remain unclear.

According to a civil organization statement, a gold mine in Sudan's North Wadi region near the Egyptian border was hit by massive airstrikes on October 10, killing 72 miners. The statement attributed the strikes to the Egyptian Air Force. Both Egyptian and Sudanese officials have not responded to the claims as of now.

According to the Polish central bank governor, interest rates are likely to remain stable by year-end, with high probability of no changes during the remainder of 2026.

Iran's Revolutionary Guard Corps Navy announced that all vessels operating with disabled navigation and identification systems in the Strait of Hormuz region will be treated as hostile targets and subject to decisive action.

XEM dropped 10.3% in the past hour to $0.00051966 today, following a peak at $0.00058936 earlier. The asset has a market cap of $4,676,953 with $259,399 in 24-hour trading volume, with a 24-hour decline of 5.62%.

According to i24News, Israeli Prime Minister Netanyahu held multiple calls with U.S. President Trump this week. Netanyahu was conducting a restricted-scope security consultation meeting on the evening of October 12, Israeli sources said. Against the backdrop of escalating Iran tensions and questions about whether Trump will resume military action against Tehran, sources stated: "The U.S. president makes independent decisions. He will decide when ready. We maintain continuous contact with them. W

According to Ledger's statement on X, as of October 12, all confirmed cases related to the October 9 theft incident involve devices sold through Southeast Asian distributor CryptoBilis. The company confirmed that its own systems and direct sales channels were unaffected. CryptoBilis has halted all hardware wallet sales. Ledger is cooperating with law enforcement and contacting affected users.

According to the U.S. National Hurricane Center, Category 4 Hurricane Simon's core is moving parallel to Mexico's central-western coastline as of today.