Gate Cryptocurrency News and Market Analysis

A Ledger wallet user lost 59 ETH valued at approximately $146.8K in a theft attributed to a hacker known as the 'Ledger Drainer,' according to crypto commentator @lookonchain. The victim had switched to a new wallet after four years of inactivity, transitioning from an old wallet that had remained s

The US Department of Justice is reviewing whether Binance has complied with its 2023 settlement, Bloomberg reported on Oct. 9. Tyson Doubt, acting head of the Justice Department's criminal division, said in an interview that the department is assessing whether Binance is meeting the terms of the 202

Nvidia GPUs have become the most sought-after processors for AI applications, with the chipmaker's stock reaching record levels this week and market capitalization approaching $6 trillion. Companies can now access these chips through multiple channels including giant cloud providers like Amazon,

Orbio, an artificial intelligence project in the Robinhood ecosystem, raised $1.2 million in seed funding announced October 10. The company did not disclose the investors participating in the round. Orbio is developing infrastructure that enables AI agents to independently secure computing

India's Crypto Tax in India regime for virtual digital assets (VDAs) applies a 30% tax rate on income from VDA transfers and 1% Tax Deducted at Source (TDS) on resident VDA transfer payments, with these provisions now transitioning under the Income-tax Act, 2025 effective April 1, 2026. The regime w

India's Income Tax Department found that fewer than 25% of 645,000 people who traded cryptocurrency during the year ended March 2023 reported those transactions on their tax returns, according to government documents cited by Reuters. This discovery highlights significant gaps in crypto tax

The Central Board of Direct Taxes (CBDT) has issued a detailed guidance note on crypto tax in India addressing reporting obligations for crypto platforms and foreign exchanges operating in the country, according to an announcement on July 26, 2026. The guidance note explains tax reporting and

Ukrainian drones struck a Yandex data center in Kaluga, Russia, causing multiple modules to go completely offline in the second such attack in two days. Russian state media TASS confirmed that several modules of the facility have been completely taken out of operation as a result of the UAV attack.

Deepwater Asset Management's Gene Munster reported that Apple Inc.'s iPhone 18 Pro lead times are now 31% shorter than last year's iPhone 17 Pro levels, despite initially launching 15% ahead. Munster attributed the

Large cryptocurrency investors known as whales accumulated significant quantities of Bitcoin, Ether, and XRP over a 72-hour period as digital asset prices declined. On-chain analyst Ali Martinez cited Santiment data on October 10, reporting that whales used the price drop as a buying opportunity.

SlushWallet introduced a cross-chain deposit feature enabling users to fund Sui blockchain wallets from 25 different blockchain networks using payment cards or simplified transactions. The integration uses Halliday and allows users to receive SUI or USDC through methods including card payments,

In US Stock Market News today, the S&P 500 and Nasdaq Composite have advanced 14% and 18% respectively this year, but investors recently received bad news about the economy tied to inflationary pressure created by President Trump's tariffs and military operations in Iran. Consumer sentiment

FRONT token surged 45.88% within one hour, reaching a current price of $0.0158. The token moved from a previous price of $0.0108 during this timeframe, with the market cap standing at approximately $1.42 million. No confirmed catalyst has been identified for the sharp increase, though the move

The attacker behind the July hack of payment services firm Triple-A moved approximately $12.4 million worth of Ether to cryptocurrency mixing service Tornado Cash on Oct. 9, according to Odaily. The hacker transferred 4,970 Ether through 56 separate transactions after consolidating funds from two

Two company officials received suspended prison sentences on Sept. 11 after a Seoul court convicted them of defrauding an investor who paid $36,000 for cryptocurrency tokens based on false promises of a major exchange listing within 90 days. The Seoul Eastern District Court found the men,

Stock investors face growing warnings from brokerage analysts that falling long-term U.S. Treasury yields could pose a greater threat than the recent rise above 5%, according to analysis released on October 10. The 10-year Treasury yield climbed above 5% at the close on September 23 and

Robinhood Chain experienced a sharp decline in network activity during September, with daily fees dropping 97% from approximately $8 million in early September to about $230,000 by September 16, according to CoinDesk. Daily transaction counts fell from 13.1 million to 8.9 million by mid-September, r

BlackRock's iShares Bitcoin Trust (IBIT) recorded a net inflow of $22.38 million on October 9, 2026, according to Farside Investors data. The inflow extends a pattern of fluctuating demand for the spot Bitcoin ETF, which holds actual Bitcoin rather than futures contracts. The October 9 addition

Jefferies strategist Chris Wood warned in the October 9, 2026 edition of his 'GREED & fear' newsletter that the US AI spending boom could end in massive capital destruction across the sector. The strategist cited competition from inexpensive Chinese open-source models, which he expects to continue w

A wallet linked to thefts from Ledger hardware wallet users converted 2 million USDT into USDD on October 9, moving funds beyond Tether's freeze capabilities. On-chain investigators report approximately $86 to $93 million was drained from more than 300 wallets across multiple blockchains. The thefts