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.
Today
20:44
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U.S. Treasury Achieves 7.73x Subscription Rate on Long-Term Bond Buyback, Fills $6B Target for First Time

According to the U.S. Treasury Department, on October 1, the long-term Treasury buyback auction achieved record subscription rate of 7.73x, filling the maximum $6 billion target for the first time since the program's expansion in mid-August. The auction received bids totaling $46.391 billion for the 10-20 year maturity segment. The previous two buybacks under the expanded program fell short of their $6 billion limits, disappointing markets. The 30-year Treasury yield rose back toward 5.60% follo
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20:42
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Nike Projects $2.5B Surplus from Pace Transformation Through FY2031

Nike announced that its Pace operational transformation initiative is expected to generate $2.5 billion in surplus through fiscal year 2031. The initiative, which consolidates previous cost restructuring efforts, will result in approximately $1 billion in pre-tax charges during the same period, according to the company's forward guidance.
20:42
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Chainlink Automates Dividend Payments Across Four Blockchains, Wins 2025 Swift Hackathon Challenge

According to Crypto Briefing, Chainlink showcased an automated dividend payment system for tokenized equities across four blockchains at the Swift Hackathon. The project was designed to address corporate actions—such as dividends, stock splits and mergers—that typically flow through multiple custodians and data vendors in traditional markets, creating opportunities for errors. Chainlink won the 2025 Swift Hackathon Business Challenge from a field of 104 participants, according to an announcement
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LINK0.59%
20:42
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xAI Leases 220,000 GPUs to Anthropic for $1.25 Billion Monthly Through May 2029

According to research findings, xAI signed a multi-year agreement with Anthropic in May 2026 to lease the full capacity of its Colossus 1 cluster—approximately 220,000 GPUs—for $1.25 billion per month through May 2029. The contract includes a 90-day termination clause. Google has separately secured roughly 110,000 GPUs at Colossus 2 for $920 million monthly, with the arrangement set to begin in October 2026 and run until June 2029. Reflection AI committed to approximately $150 million per month
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20:42
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Galaxy Digital Adds $100M sUSDS to Treasury, Approves Token as Collateral for Institutional Lending

According to an announcement on September 23, 2026, Galaxy Digital has added $100 million in sUSDS to its corporate treasury and approved the token as collateral for its institutional lending operations. sUSDS is the savings version of USDS, Sky Protocol's stablecoin, which generates the variable Sky Savings Rate for holders. Galaxy has also purchased an undisclosed amount of SKY governance tokens as part of the partnership with Sky Protocol and the Sky Frontier Foundation. The move enables Gala
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SKY8.70%
20:37
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Three UAE Oil Tankers Attacked in Strait of Hormuz Listed on PGSA Non-Compliance List, Says Iranian Guards

According to Iranian Revolutionary Guards, citing the Persian Gulf Shipping Authority (PGSA), three UAE-related oil tankers attacked recently in the Strait of Hormuz—ALRUWAIS, SINBAD, and MERSIN PROSPERITY—were previously listed on PGSA's updated non-compliance roster. The PGSA said multiple tankers have been struck in the waterway in recent days, with the latest three owned or chartered by UAE entities. Investigations showed these vessels transited the Strait of Hormuz multiple times over the p
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20:36
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Reddit Shuts Down RSS Feeds and Public API Access on November 13, Citing Scraping and Automated Abuse

According to Reddit, the company will discontinue RSS feeds on November 13, 2026, and close all remaining public API access by March 2027, citing automated scraping and abuse as reasons for the decision. New public API requests will stop accepting applications on October 31, while existing unregistered apps lose access beginning January 12, 2027. Reddit is offering a $1 million App Migration Program to encourage developers to rebuild on its Developer Platform, Devvit, with applications for the f
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20:23
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Block Launches First Bitcoin Ad Campaign Starting This Thursday, Running Through December 31

According to Bitcoin Magazine, Block launched its first Bitcoin consumer advertising campaign starting this Thursday, set to run through December 31. The campaign slogan is "Some things don't make sense. Bitcoin does," featuring scenes of Americans complaining about rising living costs and Wall Street bank bailouts. Ads will appear across YouTube, X, Meta, Instagram, Fox Sports, and select movie theaters, including before screenings of "Deadpool & Wolverine" and "Dune 3." Block aims to promote B
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BTC1.23%
20:22
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Brent Crude Oil Fund Surges 4.76% on Thursday, Leads U.S. ETF Asset Classes

On Thursday (October 1), the U.S. Brent crude oil fund surged 4.76%, leading major ETF asset classes. The VIX bullish fund rose 1.02%, the U.S. dollar index fund gained 0.66%, and gold ETF climbed 0.5%. Russell 2000 index ETF, 20+ year U.S. Treasury ETF, Nasdaq-100 ETF, investment-grade corporate bond ETF, and S&P 500 ETF each posted gains of at least 0.01%. Meanwhile, the euro bullish fund fell 0.77%, the soybean fund declined 1.13%, and the real estate ETF dropped 0.51%.
20:21
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$3.8M NEAR Intents Exploit Leads to 12-Hour Service Halt, Full Compensation Planned

According to Cyber Kendra, NEAR Protocol recently suffered a $3.8 million exploit due to a bug in its NEAR Intents Omni deposit and withdrawal infrastructure. An attacker siphoned funds and routed them to exchanges including KuCoin before detection. NEAR's team quickly patched the vulnerability and implemented post-quantum security measures. Deposits and withdrawals are suspended for approximately 12 hours while security partners assist in asset recovery. All affected users will receive full com
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NEAR-8.86%
20:21
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Drift Launches DFX Claims for $295.4M April 1 Losses, Recovery Pool Holds 3.11M USDT

According to Wu Blockchain, Drift Foundation officially launched a DFX claims and redemption process on October 1 for users affected by the April 1 incident, which resulted in total losses of approximately $295.4 million. Users can claim 1 DFX token for each USDT lost, with DFX redeemable based on the Recovery Pool's current balance of approximately 3.11 million USDT divided by outstanding supply. The claim window closes on January 1, 2028, after which unclaimed DFX will be burned.
DRIFT6.39%
20:11
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Hungary Maintains Diplomatic Decision Against Russia on October 1

According to Hungary's Foreign Ministry, on October 1, Hungary and Russia mutually expelled diplomatic personnel. Hungary stated it has no intention to escalate diplomatic tensions but will maintain its decision based on national security considerations. The ministry confirmed that Hungarian diplomatic missions in Russia will continue normal operations.