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
14:22
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RippleX Fixes Critical Bug That Could Have Minted 18 Trillion XRP on September 25

RippleX addressed a critical payment-engine overflow bug on September 25 in XRP Ledger version 3.4.1 that could have allowed attackers to mint up to 18 trillion XRP, exceeding the network's fixed supply. The vulnerability had existed in the code since 2015. RippleX confirmed no evidence of the bug being exploited in the wild.
XRP-0.86%
14:22
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GRIN Crashes 14.27% to $0.00936 in Half an Hour

GRIN crashed 14.27% to $0.009361 in half an hour, down from a previous price of $0.010920. The sharp decline reflects significant market pressure, with GRIN recording a 27.15% drop over the past 24 hours. Trading volume reached $19,507.34 in the last 24 hours, with a current market cap of $8,154. The day's high was $0.01215 and low was $0.008183.
14:17
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Explosions Reported in Riyadh on October 11

According to Jin10 data, explosions were heard in Riyadh, Saudi Arabia on October 11 at 5 p.m. local time, with clear sounds reported in the northern part of the capital by local correspondents.
14:16
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SpaceX Acquires Wireless Spectrum on Oct 9, Tower Stocks Surge Up to 16%

According to Barron's, SpaceX announced on Oct 9 that it has reached an agreement to acquire wireless spectrum from Grain Management, aimed at filling technology gaps for its Starlink Mobile service to compete as a major U.S. wireless carrier. The news drove U.S. telecommunications tower operators significantly higher on Friday. Crown Castle (CCI) surged 16%, marking its largest single-day gain since November 2008; American Tower (AMT) rose 9.3%; and SBA Communications (SBAC) gained 7.3%. Morgan
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14:13
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Israeli Military Destroys Hamas Command Center, Rocket Launcher, Three Weapons Depots in 24-Hour Gaza Operations

According to a joint statement by the Israeli Defense Forces and Shin Bet, the military struck multiple Hamas military facilities in Gaza over the past 24 hours on October 11. The targets included a command center, a rocket launcher site, and three weapons depots. The Israeli military said the facilities contained dozens of weapons of various types, including rockets, explosives, mortars, rifles, and other combat equipment. IDF Southern Command forces remain deployed in the area and will continu
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14:09
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Papertrade Open Interest Drops to $1.3B, Down 60% in 12 Hours After HyperEVM Launch

According to BlockBeats citing official data, Papertrade's open interest fell to $1.3 billion as of October 11, declining 60% from $3.3 billion 12 hours earlier, marking a sharp pullback after the synthetic perpetual protocol launched on HyperEVM yesterday. The platform's total value locked stood at $77.8 million with cumulative notional trading volume exceeding $678 billion over the first 24 hours.
14:03
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Voice AI Hasn't Reached Its 'ChatGPT Moment' Yet, PolyAI and Otter Execs Say

According to PolyAI CTO Shawn Wen and Otter CMO Alex Gay speaking last month at the HumanX conference, voice AI models have achieved full-duplex capabilities but have not yet reached their "ChatGPT moment." Wen noted that the next challenge is to improve reasoning speed to enable natural-sounding conversations, while customers expect AI agents to sound confident and human-like, not robotic. Gay emphasized that speaker identification, intent capture, and emotional expression in virtual avatars ar
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14:03
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Bitcoin Sits Near $83,100 One Year After $19B Liquidation; Leverage Rising Again

According to CoinGlass and Glassnode data, Bitcoin is trading near $83,100 on October 11, 2026, exactly one year after the crypto market's largest liquidation event. On October 10, 2025, more than $19 billion in leveraged positions were liquidated within 24 hours, affecting over 1.6 million trading accounts. Bitcoin remains roughly 34% below its October 2025 record of $126,080. Bitcoin futures open interest has risen approximately 4% over the past seven days to about 650,480 BTC. However, levera
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BTC0.18%
14:01
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UK Rejects US-Russia Diesel Supply Agreement on October 11

According to the BBC, UK Defense Secretary Wes Streeting said on October 11 that the UK does not support a US-Russia agreement on Russian diesel supplies to the US and global markets. Streeting said US President Trump is pursuing the deal largely due to midterm election pressures and efforts to reduce fuel prices, which have risen following military strikes on Iran.
14:01
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Trader Killa Maintains 10x BTC Longs Ahead of U.S. Midterm Elections, Targets Potential Rebound to $95K

According to Odaily, trader Killa has stated he maintains a 10x BTC long position ahead of U.S. midterm elections, which occur in approximately 3 weeks. Killa expects Bitcoin to potentially rally to around $95,000 if it declines before the election and rebounds afterward. He noted that roughly $2 billion in long positions were recently liquidated, and historical data from the past four U.S. midterm elections shows a 75% probability of price declines within 1-2 months following the elections.
13:42
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CKB Surges 17.65% in 5 Minutes, Hits $0.00174 Amid High Trading Activity

CKB surged 17.65% in the past 5 minutes, reaching $0.00174 according to on-chain price data. Over the last 24 hours, CKB has gained 29.95%, with trading volume hitting approximately $4,422,512. The price movement pushed CKB's daily high to $0.001747 after hitting a low of $0.001387 earlier in the day, reflecting elevated market activity around the token.
CKB24.78%
13:33
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Network Liquidations Hit $70.71M in 24 Hours; Long Positions See $32.32M Loss

According to Coinglass, the cryptocurrency market saw $70.71 million in liquidations over the past 24 hours, with long positions accounting for $32.32 million and short positions $38.39 million. Bitcoin long liquidations reached $1.11 million while short liquidations hit $3.52 million. Ethereum saw $2.94 million in long liquidations and $4.71 million in short liquidations.
BTC0.18%
ETH-0.10%
13:31
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Nvidia Completes $140 Billion in Deals and Nearly $100 Billion Equity Investments as of July, Shifts Strategy Toward AI Ecosystem

According to The Information, Nvidia completed over $140 billion in transactions in recent months with equity investments valued at nearly $100 billion as of July, plus approximately $25 billion in future investment commitments. The company is shifting its focus toward humanoid robots, autonomous driving, and edge AI models. The strategic pivot aims to mitigate customer concentration risk; Nvidia's top three customers accounted for 44% of revenue in the first half of fiscal 2027, compared to jus
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13:31
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U.S. September CPI, Bank Earnings, and TSMC Guidance to Drive Markets This Week

This week brings three key events that will shape investor sentiment and guide Fed policy expectations. On October 14, the U.S. will release September consumer price index (CPI) data, with analysts forecasting core CPI at 2.5% year-over-year—a modest pace relative to the Federal Reserve's 2% target. The data arrives ahead of the Fed's October policy decision and follows August's faster-than-expected core CPI print, which prompted a rate hike in September. U.S. Treasury yields have climbed to 24-
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13:28
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Goldman Sachs: AI Investment Narrative Shifts from Hardware to Applications on October 11

According to Goldman Sachs, chief U.S. equity strategist Ben Schneider and TMT expert Pete Callahan highlighted in a recent podcast episode that the AI investment narrative is shifting from hardware, such as chip competition, toward applications including reasoning economics and personal AI agents. Callahan noted that the market is increasingly eager for the next AI story, as programming AI has become widely recognized. The focus is now on personal AI agents and the downstream consumer supply ch
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CHIP35.20%