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.
2026-09-30
10:01
0

Northbound Investors Net Purchases Reach HK$68.64 Billion on September 30, Increasing Tencent Holdings by Over HK$1.4 Billion

According to Zhitong Finance APP, on September 30, Northbound investors achieved net purchases of HK$68.64 billion in Hong Kong stocks, with Shanghai-Shenzhen Stock Connect (Shanghai) recording HK$50.94 billion in net purchases and Shanghai-Shenzhen Stock Connect (Shenzhen) recording HK$17.69 billion. Northbound funds focused on tech and energy stocks, with Tencent (00700), CNOOC (00883), and China Vanke (01109) as top net purchase targets. Tencent received net purchases of HK$1.406 billion. Mor
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10:01
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Abracadabra Proposes Orderly Protocol Shutdown Amid $21M MIM Bad Debt

According to The Block, Abracadabra governance is considering an orderly shutdown of the SPELL protocol amid approximately $21 million in MIM bad debt. The proposal recommends liquidating recoverable collateral before formal closure and distributing proceeds to borrowers and MIM holders.
SPELL-2.15%
09:58
0

South Korea IRS Rates Fall Across All Terms; 1-Year at 3.7025%, 5-Year Down 6.75bp on Sept 30

According to Seoul bond market data on September 30, South Korean interest rate swap (IRS) rates fell across all terms. The 1-year IRS rate declined 5.50 basis points to 3.7025%, while the 5-year dropped 6.75bp to 4.1450% and the 10-year fell 5.50bp to 4.2100%, all measured at 4:36 p.m. local time. A dealer at a major securities firm attributed the strength to robust spot market activity and bond swap unwinding demand, particularly in the 5-year segment. Credit risk swap rates referencing SOFR a
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09:57
0

China Environmental Resources Reports FY2026 Revenues of HKD 148M, Triples Loss Narrowing to HKD 10.74M

According to its FY2026 annual results announcement, China Environmental Resources (01130) reported revenues of HKD 148 million for the year ended June 30, 2026, up 143.49% year-over-year. Net loss attributable to shareholders narrowed to HKD 10.74 million, down 73.35% YoY, with basic loss per share of 2 Hong Kong cents. The revenue increase was primarily driven by growth in the metal recycling business, the company said.
09:57
0

Fujairah Refined Oil Inventory Declines 2.08M Barrels to 8.216M Barrels as of Sept 28

According to Fujairah Oil Industry Zone (FOIZ), as of Sept 28, Fujairah port's total refined oil inventory declined 2.08 million barrels week-on-week to 8.216 million barrels. Light distillates fell 0.477 million barrels to 1.616 million barrels, while middle distillates rose 0.087 million barrels to 2.69 million barrels. Heavy distillates and fuel oil dropped 1.69 million barrels to 3.91 million barrels.
09:56
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Collector Indicted Over $55 Million Uranium Finance Hack, Assets Moved Through Tornado Cash

According to U.S. Department of Justice indictment unsealed on March 30, 2026, Jonathan Spalletta allegedly exploited Uranium Finance, a decentralized cryptocurrency exchange, twice in April 2021. Prosecutors allege he drained approximately $1.4 million through a smart-contract exploit on April 8, then extracted approximately $53.3 million from 26 liquidity pools on April 28. The stolen assets were allegedly moved through Tornado Cash and used to purchase collectibles including a Black Lotus Mag
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09:53
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Uphold Adds Crypto Inheritance Feature for Bitcoin, XRP, HBAR at $19.99 Monthly

According to a press release from Globe Newswire yesterday (September 29), Uphold has launched an inheritance feature in its Vault product, allowing customers to designate beneficiaries for Bitcoin, XRP, and Hedera (HBAR) holdings. The service costs $19.99 per month and enables beneficiaries to initiate a formal claim process for asset transfer after the account owner's death. Existing Vault customers will transition to the new pricing structure after December 31, while U.S. customers receive a
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BTC-2.21%
XRP-3.67%
HBAR-4.77%
09:52
0

AION Falls 10.3% in 5 Minutes to $0.00012 on September 30

AION fell 10.3% to $0.00012 in just 5 minutes today, marking a sharp decline as traders react to volatile market conditions. The cryptocurrency has also declined 14.77% over the past 24 hours, with a current market cap of $68,141 and 24-hour trading volume of $32,905.
09:50
0

DRAM Prices Expected to Rise 10-15% in Q4 as AI Server Demand Accelerates

According to market research firm Trendforce on September 30, generic DRAM contract prices are projected to rise 10-15% in the fourth quarter, with NAND Flash prices climbing 15-20% and overall DRAM including high-bandwidth memory (HBM) increasing 15-20%. The price surge is driven by memory manufacturers prioritizing production capacity for high-performance server products amid strong AI infrastructure investment, which is creating supply shortages across the broader memory market.
09:47
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Kimi K3 Gains Access to OpenAI Codex Enterprise Channel, First Chinese Model Integrated Into OpenAI Enterprise Billing

According to Baseten's recent announcement, Kimi K3 has been integrated into OpenAI's Codex enterprise channel. Enterprise users can now utilize Kimi K3 within Codex, with all usage fees directly billed to their existing OpenAI commitments without requiring a separate vendor procurement process. This marks the first time a Chinese open-source model has entered OpenAI's enterprise purchasing system.
09:46
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Hyperscale Cloud Providers' Stock Premium Erodes as Bond Yields Surge, Barclays Says

According to Barclays Bank today (September 30), higher long-term bond yields are eroding the valuation premium of hyperscale cloud service providers relative to bonds. Despite strong earnings and lower valuations, rising debt yields have offset these positive factors as credit spreads widen across investment-grade bonds, high-yield bonds, and convertible securities. AI infrastructure financing demand is driving the expansion. Hyperscale cloud providers, data center special purpose vehicles (SPV
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09:45
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Korean Retail Investors Net Buy $1.256B in U.S. Bonds in September, Double Stock Purchases

According to the Korea Securities Depository, Korean retail investors net purchased $1.256 billion in U.S. bonds from September 1 to 28, more than double their $622 million in net stock purchases during the same period. The shift reflects rising yields—U.S. 30-year Treasury yields hit 5.613% on September 29, their highest level since 2002—as investors move away from equities amid higher discount rates and risk-off sentiment. U.S. long-term bond purchases by Korean investors surged in recent mont
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09:44
0

DB Securities, KB Securities Face Regulatory Scrutiny for Promoting Overseas Stock Discounts via YouTube, Blogs

According to the financial investment industry, South Korea's Financial Supervisory Service has detected unauthorized overseas stock marketing by securities firms after issuing a directive last December to curtail such promotions. DB Securities launched an internal investigation after regulators identified an employee using a YouTube channel with 250,000 subscribers to promote overseas stock trading and remittance fee discounts, offering a lifetime 0.04% trading commission and zero remittance fe
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09:42
0

AMD Acquires World Labs for $8.2 Billion; AI Pioneer Fei-Fei Li Becomes Chief Scientist

According to Tom's Hardware, AMD has agreed to acquire AI model research firm World Labs in an all-stock deal worth approximately $8.2 billion. Fei-Fei Li, World Labs co-founder and ImageNet pioneer, will join AMD as executive vice president and chief scientist, reporting to CEO Lisa Su. The transaction is expected to close by the end of 2026 pending regulatory approval.