Gate Crypto Flash News and Market Updates

According to the financial investment industry on September 28, the Korea Exchange (KRX) has announced amendments to its gold market operating regulations and related rules to support the Bank of Korea's diversification of foreign exchange reserves through gold purchases. The amendments, which take effect December 14, establish dedicated trading, custody, and settlement systems for the central bank. Key changes include allowing non-physical business entities such as the BoK and banks to use elec

According to Jin10 data on September 28, oil prices drove higher market expectations for a Bank of England rate hike in November. Brent crude futures rose 2.3% to $106.7 per barrel amid unresolved U.S.-Iran tensions. LSEG data showed market probability of a November BoE rate increase at 81%, up from 62% a week earlier.

According to its earnings report, Daishin Securities achieved net profit of 403.3 billion won in the first half of 2026, more than doubling its prior-year result and a 165% increase year-over-year. The brokerage surpassed 4 trillion won in capital in late 2025, clearing the capital requirement for corporate bond business authorization, which it targets to obtain by 2028. Trading and investment gains contributed 1.788 trillion won to H1 operating revenue, driven by 84.8% appreciation in held secu

According to Edaily citing Korea Exchange data, South Korean institutional investors showed a net selling bias during the last two trading days of quarters over the past decade. Of 40 quarter-end periods (2016–2025), institutions recorded net sell-offs in 25 instances, with an average net sell-off of 347.1 billion Korean won. Financial investment firms led the selling trend with 28 net sell-offs out of 40 quarters, while pension funds diverged—posting 23 net buy-ins versus 17 sell-offs, averagin

According to the company's board resolution today (September 28), SNT Motive announced the retirement of 2.726 million shares representing 10.2% of outstanding stock, with a budgeted cancellation amount of 69.3 billion Korean won scheduled for October 12. The auto parts manufacturer's move comes ahead of the Korea Exchange's first-ever disclosure of low price-to-book (PBR) companies in November, which will subject listed firms to inheritance tax surcharges and mandatory takeover bid procedures.

According to Tianyancha data as reported by ChinaFin News, Hangzhou Yushu Robotics Co., Ltd., a wholly-owned subsidiary of Yushu Technology, recently increased its registered capital from 1 million yuan to 25.1 million yuan, representing a 25,000% increase. The company was established in April 2019 and operates in software development, intelligent robotics research and development.

According to the announcement, health technology startup Neko Health, co-founded by Spotify co-founder Daniel Ek, completed a $700 million Series C funding round led by Lightspeed Venture Partners and O.G. Venture Partners. Media reports suggest the funding values Neko Health at approximately $7 billion, though the company has not formally confirmed the valuation. This marks the company's second major funding round within two years, following a $260 million Series B in January 2025, bringing tot

According to Vitalik Buterin, on September 27, Ethereum is evolving into a cryptographic world computer beyond traditional blockchain design. The Ethereum co-founder published an essay titled 'The cryptographic world computer' arguing that post-Hegota upgrades will fundamentally transform Ethereum by integrating zero-knowledge proofs (ZK-SNARKs), proof-of-stake consensus, and parallel computation capabilities. Buterin noted that while Ethereum retains core principles from Bitcoin's whitepaper—up

According to OpenRouter, an anonymous AI model named Space Bunny topped the token call charts on both OpenRouter and OpenCode platforms as of September 27, just four days after its September 23 launch. Space Bunny recorded 3.99 trillion token calls on OpenRouter and 8.3 trillion on OpenCode, leading both platforms for three consecutive days. The model features a 1 million token context window and supports text, image, and video inputs. Community members on Reddit and the YFarmX research site hav

According to GroriZone Financial, China's real estate sector delivered a policy stimulus package in late August 2026, with commercial property sales declining 13% year-on-year to 4.75 trillion yuan in the first eight months of the year. The government-backed measures, including loan interest subsidies, revisions to housing provident fund management, and accelerated promotion of pre-sale housing models, mark a potential turning point for the industry after six years of contraction. Real estate de

According to Hong Kong Exchange filings, on September 25, shareholders of STERLING GP(01825) transferred a total of 5.317 million HKD in holdings, representing 6.64% of the position. The transfers included an inflow of 5.38 million shares to Kaohsiung Securities Asia and an outflow of 16.06 million shares from Zhuo Rui Securities Hong Kong.

On September 28, Ethos Semiconductor (01256), a leading domestic RISC-V chip maker, launched its Hong Kong IPO with 1.161 billion HKD in cornerstone commitments from investors including Yitang Shenghai Fund and Hefei Construction Investment. Separately, Good Child International (01086) received a privatization offer from its chairman at a premium of approximately 38.89%, according to Hong Kong stock exchange filings.

According to Zhitong Finance, Weilizhibai-B (09887) received orphan drug designation from Japan's Ministry of Health, Labor and Welfare (MHLW) on September 28 for Verisign® (opadesintamab, a PD-L1/4-1BB bispecific antibody) to treat extrapulmonary neuroendocrine cancer (EP-NEC). This marks the third orphan drug designation for Verisign® following approvals from the U.S. Food and Drug Administration (FDA) and European Commission (EC). Following the designation, Verisign® will receive benefits in

According to Keytop Parking's (02272) H1 2026 interim report, the company signed a framework cooperation agreement with Huawei Cloud on September 17 in Shanghai. The two parties will deepen collaboration in cloud infrastructure, smart parking solutions, and international expansion. Keytop operates 493 parking lots as of mid-year, up 131% from the same period in 2025, leveraging AI technology to optimize vehicle utilization and reduce operational costs.

According to Hong Kong Exchanges and Clearing on September 28, Luonuo Pharma Packaging (stock code: 301188.SZ) submitted its main board listing application to HKEX, with China Merchants Securities International and Ligao Capital Group as joint sponsors. According to Frost & Sullivan, by 2025 sales revenue, Luonuo ranks 9th among pharmaceutical glass packaging suppliers in China with a 2.4% market share, and holds the top position domestically and second globally in borosilicate heat-resistant gl

According to Affluent Lifestyle Investments Limited's announcement, the company posted profit attributable to shareholders of approximately HK$418 million for the year ended June 30, 2026, down 7.7% year-over-year. Revenue reached approximately HK$7.93 billion, declining 2.8%, while gross profit stood at HK$1.04 billion, down 1.4%. The decline in shareholder profit was mainly attributed to lower contributions from the mechanical and electrical engineering division, partially offset by growth in

According to Zhitong Finance, Fuhshing Life Services (00331) will distribute a final dividend of HK17.6 cents per share on December 18, 2026.

According to ChainCatcher, Aave founder and CEO Stani Kulechov recently stated that the breadth of collateral assets determines the platform's market potential. He noted that Aave has expanded from crypto assets to securities via Coinbase tokenized stocks and Horizon RWA, and will further extend to renewable energy, batteries, GPUs, robotics, and space infrastructure. Kulechov categorized these latter assets—solar, batteries, and GPUs—as "abundant assets" that represent the next frontier for col

According to Yonhapinfomax, multiple USD/KRW spot transactions were cancelled as 'deal miss' errors on Sept 21-22 in the Seoul foreign exchange market. On Sept 22 at 9:03 AM, a trade executed at 1,365.00 KRW was voided after deviating from prevailing rates; the USD/KRW subsequently declined to 1,352.90 KRW. A 1,375.00 KRW transaction on Sept 21 at 3:38 PM was also cancelled. Market participants attribute the uptick in deal miss incidents to increased API (Application Programming Interface) order

According to Jin10 Futures, on Sept 28, Shanghai Futures Exchange (SHFE) energy and chemicals warrants showed mixed movements. Pulp futures warehouse warrants increased by 2,047 tonnes to 404,744 tonnes; pulp factory warrants held steady at 20,000 tonnes. Bitumen plant warrants fell significantly by 38,330 tonnes to 37,270 tonnes. Other products, including thermochemical crude oil at 2,961,000 barrels and various fuel oil, coated paper, and asphalt categories, remained unchanged.