Gate Crypto Flash News and Market Updates

According to Jin10, Shanghai gold closed at 901.5 yuan per gram on September 28, trading 3.84 yuan higher than the international spot price of 897.66 yuan per gram.

NewAu, a commercial fusion company, recently announced a major breakthrough in hydrogen-boron fusion commercialization. Its Xuanlong-50U device achieved hydrogen-boron fusion reactions, marking the first time a commercial fusion company has achieved this on its own equipment globally. The achievement also represents the first instance in China where a magnetically confined fusion device successfully conducted clean, neutron-free fusion reactions using advanced fuels including hydrogen-boron and

According to Pechao, on September 27, U.S. President Trump told media that the China-US leaders' summit was 'very successful' and 'productive.'

According to South Korea's financial investment industry, Hyundai Motor decided on September 27 to cancel 2.505 million treasury shares worth 789.1 billion won, yet the stock price fell 15.8% by September 28. The mandatory treasury share cancellation policy, which took effect in March 2026, requires companies to cancel acquired shares within one year of acquisition. However, large-scale cancellations have not guaranteed sustained stock price gains. A research paper by Chungnam National Universit

According to Goldman Sachs, Alphabet, Amazon, Microsoft, Meta, Oracle, and SpaceX must collectively generate approximately $1.42 trillion in revenue between 2028 and 2030 to achieve a 15% return on invested capital (ROIC) from their 2026-2027 AI infrastructure spending. The analysis assumes each gigawatt of computing capacity requires approximately $42 billion in upfront investment and must generate roughly $11.6 billion in annual revenue to meet the ROIC threshold.

According to Jin10, as of 15:17 on September 28, China's domestic futures contracts recorded significant capital movements. The CSI 300 Index futures (Dec contract) led inflows with 20.19 billion CNY, followed by China A-50 Index futures at 16.18 billion CNY and CSI 1000 Index futures at 11.55 billion CNY. On the outflow side, Silver futures (Dec contract) saw the largest exit at 18.39 billion CNY, trailed by crude oil at 12.25 billion CNY and lithium carbonate at 8.83 billion CNY.

According to CITIC Bank's announcement, the bank will extend its personal gold savings fee exemption program from October 1 to November 30, 2026. The program maintains a 0.30% fee rate for both spot purchases and recurring investments, while continuing to waive redemption fees during the promotional period.

According to Yonhapinfomax, on Sept 28, Professor Cho Gyoung-sung of Hyupsung University proposed introducing a standardized "key cost statement" for auto financing at a National Assembly policy forum, arguing that current minimum and maximum interest rate disclosures fail to reflect the actual costs consumers bear. The auto finance market reached 45.77 trillion won by end of 2025, yet consumer protection systems remain inadequate. The proposed framework would standardize disclosure of actual ap

Strategy will hold a special shareholder meeting on October 28 to vote on modifying the terms of four classes of U.S.-listed preferred stocks—STRF, STRC, STRK, and STRD. The key change would allow these preferred stocks to pay dividends daily instead of their current payment schedule.

According to CNBC, SpaceX will attempt its first orbital flight of the Starship rocket today (September 28), with a 75-minute launch window opening at 8:15 ET from Starbase, Texas. Starship is central to SpaceX's expansion strategy and aims to accelerate Starlink's growth—currently the company's largest and only profitable business segment.

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