Gate Crypto Flash News and Market Updates

The UK's August mortgage approvals data is set to be released in approximately 10 minutes, according to the release schedule.

According to South Korea's Financial Services Commission, Financial Supervisory Service, and Korea Exchange, the country's joint anti-market manipulation task force launched forced investigations on September 29 against more than 10 financial professionals suspected of obtaining over 200 billion won in improper gains through insider trading on M&A and public acquisition information. The task force conducted raids at approximately 20 locations including workplaces and residences of the suspects.

According to Korea Exchange, on Sept 29, the implementation of the KOSDAQ segment system—designed to divide the market into premium and general company tiers—will be postponed to 2027. The exchange announced it will hold a public hearing in the fourth quarter of this year to prepare for the launch. The segmentation aims to improve market perception and provide systematic oversight of approximately 1,700 listed companies. Korea Exchange referenced Nasdaq's Global Select Market as a model, stating

According to its official recruitment announcement, Hana Bank posted a job opening on September 29 for a blockchain security specialist position as part of its 2026 second-half career hiring campaign. The role focuses on establishing and operating AI and blockchain security systems, analyzing security threats on blockchain and Web3 platforms, ensuring compliance, and internalizing related technologies. The bank requires candidates with at least 3 years of information security policy experience a

According to UBS, the bank raised its 2026 Hong Kong IPO fundraising forecast to a maximum of HK$450 billion in September, up from its May estimate of HK$350–400 billion. UBS Deputy Chairman of Global Investment Banking and co-head of Asia Corporate Clients Li Zhengguo told media that U.S. rate hikes in September met market expectations and strong liquidity flows continued to support robust activity. Hong Kong recorded 117 IPO listings in the first three quarters of 2026, raising at least HK$387

According to Decrypt, on September 29, Coinbase and Citigroup announced an expanded partnership to launch enterprise stablecoin payment services in the United States. Merchants using Citigroup's payment services can now accept stablecoin payments such as USDC; Coinbase automatically converts the stablecoins to U.S. dollars, which Citigroup then settles to the merchant. Merchants do not need to hold or manage cryptocurrencies directly. The partnership also enables bidirectional conversion: busine

According to KOSCOM ETF Check, as of September 29, U.S. space and aerospace-related ETFs have declined significantly. KODEX U.S. Space & Aerospace ETF recorded a three-month loss of -27.46%, with other space-focused funds showing similar weakness ranging from -14.41% to -24.25% over the same period. SpaceX's Starship achieved a historic milestone on September 28 (local time) by successfully entering Earth orbit for the first time, deploying 26 Starlink V3 satellites to orbit despite one Raptor e

According to Korea Exchange, foreign investors sold a net 6.188 trillion won in KOSPI shares on Sept 28-29. The selling concentrated on semiconductor stocks: SK Hynix received 3.329 trillion won in outflows and Samsung Electronics 1.98 trillion won, together accounting for 94% of total foreign selling. Analysts attribute this to selective deleveraging in growth stocks amid macro headwinds and rising rate risks, rather than broad-based market pullback.

According to Jin10 Data, International Energy Agency chief Fatih Birol said on Tuesday that IEA member states may discuss whether to release additional strategic petroleum reserves to the market. Speaking ahead of an EU energy ministers meeting in Dublin, Birol stated: "We are closely monitoring the market, especially the refined oil and diesel markets. If there is a need, we will of course discuss the necessary measures with member governments."