Gate Crypto Flash News and Market Updates

According to Linea's statement on October 2, part of the validators supporting Yield Boost vaults are exiting as a precautionary measure following a MetaMask staking incident. Linea clarified that the staking vaults' funds and control remain unaffected. However, net staking rewards funding ecosystem incentives will temporarily decline while affected validators exit and new ones replace them. The protocol said it is closely monitoring developments.

According to Ethereum's official blog, the Ethereum developers withdrew EIP-8363, a staking-reward burn proposal, on October 1 following over 200 forum comments. The proposal would have progressively burned validator rewards as staking ratio increased, reaching 100% burn at roughly 60.25 million ETH, and would have phased in over 18 months. Its removal means no such reduction is included in the Hegotá upgrade.

According to CME FedWatch Tool data as of October 2, the Federal Reserve has a 74% probability of holding interest rates steady in October and a 26% probability of raising them by 25 basis points. For December, the probability of maintaining rates is 19.3%, while cumulative rate increases of 25 basis points and 50 basis points are priced at 61.4% and 19.2% respectively.

According to FinanceFeeds, B2PRIME has appointed Christina Barbash as Commercial Manager. Barbash brings 13 years of experience in brokerage, trading technology and regulatory reporting. She joins from PrimeXM, where she served as Chief Commercial Officer after nearly three years, progressing from Regional Sales Manager. The role will focus on client relationships, commercial expansion and international growth.

On September 30, according to Hong Kong Stock Exchange data, Chairman Yang Zhenxin increased his stake in Xuri Enterprise (00393) by 20,000 shares at approximately HKD 1.315 per share, totaling HKD 26,300. Following the increase, Yang's total shareholding reached approximately 963 million shares, representing a 64.18% stake in the company.

According to the NEAR team, NEAR Intents was hacked for approximately $3.8 million on Thursday (October 1), with the attacker's funds traced to KuCoin and converted to Bitcoin. The vulnerability existed in the protocol layer handling deposits and withdrawals across multiple blockchains. The team patched the contract-side flaw and restored core services within about one hour, with deposits and withdrawals on all 11 supported networks including BNB Chain, Polygon, and Optimism returning to normal

According to Hong Kong Stock Exchange data, Retail Enterprise Corporation Limited increased its holdings in Meituanpoint Digital (02586) by 4.8712 million shares on September 30 at HK$8.4929 per share, for a total of approximately HK$413.71 million. Following the transaction, the company's total stake stands at approximately 47.1853 million shares, representing 5.03% ownership.

Pakistan's Foreign Minister stated that next week's meeting will focus on political engagement with the Houthis rather than military action, according to the official statement.

On September 30, The Capital Group Companies, Inc. increased its holdings in China Xiniya Fashion (CCIH, Stock Code: 03308) by 369,100 shares at HK$1,069.1312 per share, with a total investment of approximately HK$395 million.

The U.S. Department of Labor will release the September nonfarm employment report at 8:30 PM Beijing time (4:30 AM UTC). The report will include key data on nonfarm payroll changes, the unemployment rate, and average hourly earnings.

According to Hong Kong Exchanges and Clearing data, Chen Bin, chairman and executive director of Dah Chong Hong Group (00088), increased his holdings by 12,000 shares on September 30 at HK$3 per share, totaling HK$36,000. Following the purchase, his total shareholding stands at approximately 278 million shares, representing a 44.94% stake in the company.

On September 30, Wang Junhong, executive director of China Lilang (01234), increased holdings of 963,000 shares at HK$2.8698 per share, totaling approximately HK$2.764 million.

According to the U.S. State Department, the U.S. Embassy and consulates in Brazil suspended consular services on Friday, October 2, citing unspecified security concerns. The State Department did not disclose details of the security issues or link them to Brazil's presidential election scheduled for Sunday. American citizens seeking emergency assistance were advised not to visit the embassy, consulates, or other U.S. diplomatic facilities. No timeline for service resumption was provided.

On September 30, Li Hongbo reduced his holdings in China Isotope Holdings Limited (01763) by 21,000 shares at HK$13.2635 per share, with a total transaction value of approximately HK$278,500.

According to Yonhapnews TV, South Korea's KOSPI index recovered above the 7,000-point level today (October 2), marking a return to key support after five trading days. Institutional investors led the rally, purchasing approximately 400 billion won, while other corporate entities bought around 1.5 trillion won. Samsung Electronics and SK Hynix both closed flat. Meanwhile, U.S. 10-year Treasury yields climbed to 5.34% intraday, reaching the highest level since 2002, though paring gains after Feder

According to data submitted to Democratic Party lawmaker Kim Gyo-heung's office, the National Pension Service fund management division's performance bonuses surged to an average of 111.3 million won per employee in August 2026, up from 34.61 million won in the prior year. The number of eligible employees also increased to 411 from 376. By rank, senior portfolio managers received an average of 211 million won, while principal managers earned 184.7 million won and managers received 118.5 million w

According to Yonhapnews TV, South Korea's KOSPI index recovered to 7,000 in late trading on October 2, rebounding after five trading days of decline. The KOSDAQ index closed at 890, after briefly rising above 900 earlier in the session. Institutional investors and other corporations provided support, purchasing approximately 400 billion won and 1.5 trillion won respectively, while individuals and foreign investors sold net. U.S. 10-year Treasury yields climbed to 5.34%, marking the highest level

According to Jin10, on Friday (Oct 2), Dubai's benchmark index fell 0.5% for a fourth consecutive session, with nearly all constituents declining. Emirates NBD, the UAE's largest bank, dropped 1.9%, while road operator Salik fell 2.7%. Sky Links Capital Group CEO Daniel Takieddine attributed the pressure to "geopolitical uncertainty and stalled US-Iran negotiations," adding that reports of U.S. military buildup may further dampen investor sentiment amid ongoing shipping disruptions in the Strait

According to ai9684xtpa data monitored by BlockBeats, on October 2, a large holder deposited 71,000 HYPE tokens to a cryptocurrency exchange approximately 50 minutes ago, valued at roughly $6.48 million at a price of $91.26 per token, suggesting a potential profit-taking move. The address had previously withdrawn 142,834.56 HYPE tokens on September 4 at $86.15 each, worth approximately $12.3 million. Should the newly deposited HYPE tokens be fully sold at current prices, the holder stands to rea

According to BlockBeats, Ronin Waypoint wallet will shut down services, with users required to migrate their assets by October 16 to avoid losing access. The closure affects users with social login, keyless, or MPC wallets. Users can transfer assets to Ronin Stash (supporting email or social login) or Ronin Wallet (protected by seed phrases). Users with seed phrase wallets only are unaffected. Separately, bAXS tokens and Badges require migration through Axie's official page.