Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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01:59
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BitMEX Faces £20M Lawsuit from Former Investor Over Unauthorized UK Derivatives

According to The Guardian, BitMEX former investor Lewis Barber filed a lawsuit in UK High Court seeking £20 million in damages, alleging the exchange provided cryptocurrency derivatives to British users without authorization from the Financial Conduct Authority (FCA). Barber claims he lost approximately £20 million worth of bitcoin while trading BitMEX derivatives between 2018 and 2022, and is now demanding either the return of the relevant bitcoin or equivalent compensation.
01:58
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Morgan Stanley: Next Wave of AI Investment Will Focus on Profit Improvement, Not Infrastructure

According to Morgan Stanley Chief Economist Ellen Zentner on October 13, the next phase of AI investment will shift focus from companies building data centers and semiconductors to those leveraging AI to reduce costs and boost profit margins. Zentner stated that companies using technology to improve decision-making and enhance margins are likely to receive investor rewards, rather than those merely expanding AI infrastructure. Currently, only 2% of S&P 500 companies have provided specific figure
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01:58
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Hong Kong Stocks Open Lower on Oct 14, HSI Down 0.26% as Master Kong Gains 3.3%

According to Zhitong Finance, Hong Kong's stock market opened lower on October 14. The Hang Seng Index (HSI) fell 0.26% to 24,282.25 points, while the Hang Seng Tech Index dropped 0.02% to 4,135.90 points. Among HSI constituents, Master Kong Holdings (00322) led gainers with a 3.32% jump, followed by Lenovo Group (00992) up 1.80% and AB InBev Asia Pacific (01876) up 1.03%. On the tech side, Nio-SW (09866) gained 2.39%, while Ctrip Group-S (09961) fell 1.24%.
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01:53
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Bonk Guy's Portfolio Plunges from $26M Peak to $10.4M, PONS Holdings Drop to $3.47M

According to Lookonchain data monitored by ChainCatcher, the portfolio of trader Bonk Guy (@theunipcs) has declined to $10.4 million from a peak of $26 million, representing losses exceeding $15 million. PONS token price has fallen nearly 70%, with Bonk Guy's holdings of 10.9 million PONS now worth $3.47 million, down from a peak value of approximately $10.3 million.
01:51
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Bitcoin Miner BitFuFu Holds 1,388 BTC, Produces 167 BTC in September

According to PANews, bitcoin mining firm BitFuFu announced September 2026 operational data on October 14, reporting total holdings of 1,388 BTC and monthly production of 167 BTC. Self-mining output reached 98 BTC, up from 88 BTC in August, while cloud mining generated 69 BTC. BitFuFu reported total hash rate of 19.4 EH/s, average mining rig efficiency of 16.7 J/TH, and power capacity of 324 MW.
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BTC1.08%
01:48
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TOKEN2049 Participant Files Police Report Over Alleged Malware Distribution at Security Event

According to ChainCatcher, reporting SolanaFloor, a TOKEN2049 participant has submitted a police report to Singapore authorities regarding a cybersecurity event called "Don't Get Played" held during the conference. The organizers, reportedly affiliated with Apex Accelerator and Stone Venture, have been accused of pressuring and inducing attendees to install malicious software that would allow remote control of their computers.
01:47
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Polymarket CEO Hints at Possible Platform Announcement Amid Token Speculation

According to Bloomberg, Polymarket CEO Shayne Coplan recently hinted at a possible platform announcement, sparking market speculation about a potential token launch. At the TOKEN2049 conference in Singapore, Coplan previously stated the company was exploring an on-chain asset linked to the platform's economics with practical programmable utility, though no formal token issuance plan was disclosed.
01:46
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Dalio Warns U.S. Treasury Market Faces Oversupply Pressure; Refinancing Needs Hit $10 Trillion This Year

According to Ray Dalio's LinkedIn post on October 14, the U.S. Treasury market faces dual pressure from increased bond supply and weakening investor demand, signaling a prolonged bond bear market. Dalio estimated the U.S. needs to refinance approximately $10 trillion in maturing debt this year while borrowing an additional $2.1 trillion, with rising yields likely to increase government financing costs and compound debt burdens. Overseas buyers such as Japan reducing Treasury allocations could fu
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01:45
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Korean Won Up 7.31% Against Dollar in 2026, Outpaces Asian Currencies

According to Yonhap Infomax, the Korean won has risen 7.31% against the U.S. dollar this year, outperforming most major currencies amid broader dollar strength. The Chinese yuan has climbed 4.32% in the same period. Since March last year, the yuan has gained 9.00% and the won 8.83% against the dollar. The dollar-yuan rate has fallen from a high of 7.42 in April last year to below 6.70 recently, a decline of roughly 10%. Persistent Chinese trade surpluses and support from monetary authorities hav
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01:45
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Ray Dalio Warns U.S. Treasury Selloff Far from Over as Yields Hit 25-Year High Near 5.4%

According to Bridgewater founder Ray Dalio, the U.S. 10-year Treasury yield surged to near 5.4%, close to a 25-year high on October 14. Dalio noted that the U.S. is entering a new phase where expanding bond supply pushes yields higher, directly raising borrowing costs and further expanding government debt. He warned that without sufficiently damaging effects on the real economy and financial markets that restore fund supply-demand balance, the debt spiral will be difficult to stop. Following the
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01:44
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Applied Materials Targets 40% Operating Margin by 2030, Expands Chipmaking Equipment Market Share Over 2%

Applied Materials announced on October 13 at SEMICON West its long-term financial targets and strategic priorities, aiming to achieve a 40% operating margin and approximately 54% gross margin (non-GAAP basis) by 2030. The company plans to expand its wafer fabrication equipment (WFE) market share by over 2 percentage points between 2025 and 2030, with growth driven by increased demand for advanced logic, DRAM, and advanced packaging technologies as artificial intelligence infrastructure investmen
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01:43
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ASTS Stock Bounces 0.5% Overnight After Piper Sandler Cuts Rating to Neutral, Price Target to $54

Shares of AST SpaceMobile (ASTS) rose 0.5% late Tuesday (October 13) after hitting a one-year low, as Piper Sandler downgraded its rating to Neutral from Overweight and slashed its price target to $54 from $98. The stock fell 9% to $47.06 on Tuesday, marking its fourth losing session in five days. Clear Street maintained a Buy rating with a $115 target, citing AST as approximately six months ahead of SpaceX but cautioning that "the market is watching every slip closely."
01:43
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South Korea's KOSPI Plunges Over 5% on October 13 as Samsung Falls 7% and SK Hynix Drops 10%

According to Business Insider, South Korea's KOSPI index plunged over 5% on Tuesday, October 13, hitting its lowest level in approximately three months, amid intense selling pressure in artificial intelligence-related stocks. Samsung Electronics, which accounts for about 30% of KOSPI's market value, fell 7%, while SK Hynix, representing roughly 20% of the index, declined 10%. SK Hynix's U.S.-listed ADR (SKHY-US) closed down 3.19% the same day. According to Jefferies, semiconductor stocks have fa
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01:42
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China Gasoline Prices Rise 16.6% in September, Pushing Energy Inflation to 7.3%

According to China's National Bureau of Statistics, gasoline prices rose 16.6% year-over-year in September, with the increase accelerating by 7.3 percentage points compared to August. The surge contributed approximately 0.47 percentage points to year-over-year CPI growth. Energy price inflation broadly expanded to 7.3% in September from 4.1% in the previous month.
01:40
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Gold Jewelry Prices Rise 22.5% Year-On-Year in September, Gaining 11.1 Percentage Points

According to China's National Bureau of Statistics, gold jewelry prices rose 22.5% year-on-year in September, with the pace of increase moderating by 11.1 percentage points from the previous month. The National Bureau of Statistics reported on October 14 that overall CPI rose 0.9% year-on-year, with gold jewelry contributing approximately 0.11 percentage points to the headline inflation reading.
01:39
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China's Electronic Device Prices Rise 1.5-3.7% in October; Mobile Phones Lead Gains

China's National Bureau of Statistics reported on October 14 that electronic device prices rose on rising production costs, with mobile phone prices up 3.7%, computers up 2.0%, data storage devices up 1.7%, and tablets up 1.5%, collectively lifting consumer price index (CPI) by about 0.04 percentage points month-over-month. Gasoline prices climbed 4.9%, influencing CPI by around 0.14 percentage points, while food prices rose 0.4%, the slowest pace relative to seasonal norms, contributing 0.06 pe
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