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
12:31
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2026 Nobel Prize Awarded to Woodford and Hall; Research Challenges Fed Chair Warsh's Communication Cuts

According to Bloomberg columnist Jonathan Levin, the 2026 Nobel Prize in Economic Sciences was awarded on Monday to Michael Woodford and Robert E. Hall for their contributions to economic stability theory. Levin argues that Woodford's research—which demonstrates that how central banks explain policy decisions is integral to monetary policy effectiveness—directly challenges Federal Reserve Chair Kevin Warsh's preference to reduce Fed communication and forward guidance on future interest rate path
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12:31
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Yamo Pharma's L1-79 Enters Phase 2 Trials, Poised to Become First FDA-Approved Autism Treatment

According to Bloomberg ETF analyst Eric Balchunas, Yamo Pharma's L1-79 is currently in Phase 2 clinical trials and is poised to become the first FDA-approved autism treatment. Defiance CEO Matt Bielski, who is also the ASD (Autism Spectrum Disorder ETF) issuer, cited the therapy as "life-changing." In the United States, approximately one in every 31 children is diagnosed with autism spectrum disorder.
12:27
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Cipher Digital Issues $850M Zero-Coupon Convertible Bonds to Fund Data Center Expansion

According to ChainCatcher, Nasdaq-listed Cipher Digital plans to issue $850 million zero-coupon convertible bonds, with maximum expansion potential to $1 billion, to fund expansion of its Barber Lake data center project and high-performance computing (HPC) infrastructure. The private offering may increase to $1 billion if initial purchasers exercise additional options, potentially adding $150 million in additional debt. Cipher Digital has extended its Barber Lake facility in Colorado City, Texas
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12:27
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Cardano Card to Cease Operations on Oct 31, 2026 as Wirex Shifts to Non-Custodial Model

According to Cardano's official account, Cardano Card, launched in collaboration with Wirex, will cease operations on Oct 31, 2026. The card will remain functional until the deadline. The partnership is ending because Wirex is transitioning to non-custodial operations and discontinuing its custodial infrastructure. Cardano stated that users holding the card will be directly affected and that further details regarding future arrangements will be announced shortly.
ADA-6.52%
12:26
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Character.AI Files for Chapter 11 Bankruptcy With $50M-$100M in Assets; Disney to Acquire Unit for $20M

According to court documents filed on or around October 13, 2026, Character.AI, the interactive chatbot platform founded in 2021, has filed for Chapter 11 bankruptcy with assets and liabilities between $50 million and $100 million. The company said it is undertaking a court-supervised sale process to maximize value for stakeholders following legal, regulatory, and operational challenges. Character.AI has agreed to sell certain assets to Disney for $20 million, along with a non-exclusive perpetua
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12:25
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NeoSoul Partners with Alibaba Cloud to Power NeoTrade AI Agent Trading Today

According to BlockBeats, NeoSoul, a leading AI Agent project in the BSC ecosystem, announced a strategic partnership with Alibaba Cloud on October 13. The collaboration integrates Alibaba Cloud's AI model services into NeoTrade, NeoSoul's Agentic Trading product, providing model inference and computing support for autonomous trading agents. The service enables NeoTrade users to set trading rules while the AI Agent continuously monitors market changes, identifies opportunities, and executes strat
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12:23
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Ripple Prime Enters $256B Leveraged ETF Market, Earning ~8% Annualized Financing Fees

According to a Wall Street Journal report on October 7, Ripple Prime, the institutional finance division of Ripple, has entered the $256 billion leveraged exchange-traded fund market. The U.S. leveraged ETF market includes 593 funds managing more than $256 billion, with 426 tracking individual stocks. Ripple Prime provides financing and derivative exposure through its Delta One business, launched in August, competing with traditional banks to earn financing fees on total return swaps. One report
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12:22
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Hong Kong SFC Chief Warns of AI-Driven Investment Fraud, Reports $17B U.S. Cyber Losses

According to remarks delivered on October 13 at the IOSCO World Investor Week in Hong Kong, Securities and Futures Commission Chairman Dr. Kelvin Wong warned that artificial intelligence has reshaped investment fraud, enabling scammers to fabricate convincing faces, voices and backstories within seconds. Most fraud cases now originate through social media or instant messaging. Cyber-fraud losses in the United States exceeded US$17 billion last year, while Hong Kong online investment scams averag
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12:22
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Strive Locks SATA Minimum Issuance Price at $100, Maintains 13% Annualized Dividend Yield in November

According to Strive's filing with the U.S. SEC, the company formally wrote into SATA preferred stock's governing documents a minimum issuance price of $100 per share on October 13. The revision also redefined "business day" to include Saturdays and Sundays, enabling potential weekend dividend distributions if permitted by the Federal Reserve, Nasdaq, and DTC in the future. The company noted that dividend payment frequency will remain unchanged in the near term. Strive's board maintained SATA's a
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12:22
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Binance Launches AI Product on October 13

According to Binance co-founder He Yi, Binance AI launched on October 13. The platform is now fully available and the company welcomes user feedback to improve the product.
12:19
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Sui Completes First Native Post-Quantum Devnet Transaction, Mainnet Target Q1 2027

According to Mysten Labs, Sui completed its first native post-quantum Devnet transaction with ML-DSA-65 account signatures. The ML-DSA-65 scheme follows the U.S. National Institute of Standards and Technology (NIST) FIPS 204 standard. Sui plans to deploy post-quantum vaults on mainnet by year-end, with native ML-DSA-65 account authentication targeting testnet before year-end and mainnet by Q1 2027, subject to independent audits and testnet feedback.
SUI-5.87%