Gate Crypto Flash News and Market Updates

According to KuCoin, the exchange has officially completed the rebranding of Avantis (AVNT) to Veranta (AVNT). Trading, deposit, and withdrawal services will remain unaffected by the change. The rebranding maintains the same token symbol (AVNT) and ensures service continuity for users.

According to on-chain analyst Ai 姨 monitored via BlockBeats, Bitget transferred 2,042.28 BTC (approximately $169 million) from its 5,500 BTC protection fund to hot wallets on September 28, following the opening of BTC withdrawal access. The remaining 3,457.72 BTC remains on-chain. Analysts note this represents advance transfers into hot wallets to support potential withdrawals, rather than actual withdrawal volumes.

Tsingcheng New Materials (09607) saw its IPO gray market price fall over 11% earlier today (Sept 28), with each lot trading at a loss of HK$520. The company is set to list on the Hong Kong Stock Exchange on Sept 29 (Tuesday).

According to Morningstar citing Goldman Sachs research, S&P 500 earnings are expected to jump 26% in the third quarter, following a massive 51% surge in Q2. However, Goldman Sachs forecasts earnings growth will slow to approximately 11% in both 2027 and 2028, suggesting the current profit boom may not be sustainable as the AI investment cycle matures.

According to Shanghai Securities Report, Jingdong 101HOME's first global flagship store officially opened in Shanghai's Jing'an district on September 28. The store is positioned as a lifestyle experience space combining retail, art curation, and social activities.

According to Al Jazeera, on September 28, Iran's Deputy Chief of Military Staff Habibollah Sayyari claimed that Tehran maintains complete control over the Strait of Hormuz. Sayyari stated: "Despite enemy rhetoric, the fact is that the Strait of Hormuz is completely under our control. We take decisive action in the northern Oman Sea and eastern Hormuz Strait, allowing no one to pass through." He added that waters west of the Strait, the Strait itself, and the Persian Gulf are controlled by Iran's

According to BlockBeats, Bitget Chief Officer Xie Jiayinyin stated on September 28 that the exchange has completed full repair of a vulnerability exploited through a third-party security product flaw and implemented four remediation measures: isolating affected systems with evidence preserved, resetting all internal credentials and revoking sensitive permissions, coordinating with security vendors on patch deployment, and requiring independent verification for all future withdrawals. The inciden

According to Shanghai Securities News, Dah Sing Galaxy Hong Kong Exchanges Malaysia Exchanges Large Cap ETF (ticker: 3143) listed on the Hong Kong Stock Exchange today. The fund is the first exchange-traded fund tracking the HKEX Malaysia Exchanges large-cap index.

According to CryptoQuant analyst nocoffeenobrain, the Fear & Greed Index has surged from around 30 in August to 74 currently, as market sentiment shifts sharply toward greed. Meanwhile, Bitcoin's market dominance has dropped to 53.8% and continues declining, indicating potential capital rotation away from BTC into altcoins.

According to Jin10, Agricultural Bank of China announced on September 28 that the Au(T+D) contract trading limit will be raised from 14% to 17% starting the next trading day, while the Ag(T+D) contract limit will increase from 20% to 23%. The Shanghai Gold Exchange's gold trading services will suspend operations from October 1-7, resuming on October 8. Upon resumption after the first trading day without unilateral market conditions, both contracts will revert to their original limits of 14% and

On September 28, Korean Investment Private Equity, a subsidiary of Korean Investment Financial Group, announced the establishment of a 1 trillion won AI infrastructure investment platform using group equity capital and GP contributions. The platform will target AI data centers and large-scale power generation facilities, positioning the group to capture investment opportunities in critical infrastructure supporting the AI era.

According to Bitget's Mandarin operations head Xie Jiayyin on Sept 28, the exchange paused withdrawals following an attack spanning multiple blockchains, not a single asset or network. The exchange will not reopen deposits until every security checkpoint is verified across all affected chains. Bitget's protection fund stands at $464 million, fully covering losses from the incident, and its reserve proof is 127%, demonstrating full transparency.

On September 25, the New York City Council proposed new AI oversight regulations requiring that AI models promoted, sold, or deployed in the city must include a "kill switch" enabling human operators to halt operations, whether temporarily or permanently. Models must also undergo third-party verification. Violations incur penalties up to $25,000 per instance, with higher fines for falsified verification records. The City Council has scheduled a full committee hearing on October 5 to examine the

According to Stocktwits market report, during the week of Sept. 21–25, the Consumer Staples Select Sector SPDR Fund (XLP) gained 0.17% to near $82.06 as investors favored defensive stocks amid sticky inflation and higher bond yields. Costco (COST) emerged as the week's strongest performer, gaining 3% after its fiscal Q4 2026 earnings beat Wall Street estimates. Paid memberships rose 3.8% to 84.1 million, while renewal rates in the U.S. and Canada reached 92.3%. Dollar General (DG) climbed nearly

According to Iran's Islamic Republic News Agency (IRNA) on September 28, Iran's delegation has no plans to hold talks with the U.S. in New York. The delegation is in New York to attend the United Nations General Assembly, and talks with the U.S. are not part of its agenda. Iran's foreign minister will depart for home on September 29 after completing scheduled activities.

On September 27, California Governor Gavin Newsom signed Assembly Bill 2409, prohibiting state and local public officials from issuing meme coins. The law defines issuance broadly as making a token available for public purchase, donation or exchange, and covers elected or appointed officials including legislators and government board members, as well as public employees with decision-making authority over contracts. AB 2409 also restricts digital-asset service providers from listing meme coins t

According to SoSoValue data, U.S. Dogecoin spot ETF funds attracted $2.89 million in net inflows during the week ending September 25, surpassing the previous weekly record of roughly $2.59 million. Dogecoin was trading near $0.0926, down about 5.5% on the day after briefly reaching approximately $0.0988. The strong ETF demand contrasts with Dogecoin's ongoing supply dynamics. The protocol generates approximately 14.4 million new DOGE daily, equivalent to roughly 100.8 million coins per week, wor

According to GlueCap Tech, on September 28, Nio formally joined Geely's charging network, becoming the first EV brand to integrate into the system. Under the strategic partnership, Nio will acquire 10% equity stake in Geely's Hao Han Energy after transaction completion, while Geely will hold 30% of Nio Energy in exchange for 100% stake in Yi Yi Interconnect plus 640 million yuan in cash. Nio will connect approximately 10,000 independent charging guns to Geely Smart Charge Network. Currently, Gee

WTI crude oil gained $2 intraday today (September 28), reaching $93.35 per barrel with a 2.19% increase.

According to Guru Club, Indonesia's benchmark stock index fell 4.2% to 5,688.574 on June 4, marking its lowest level since December 2020.