Gate Crypto Flash News and Market Updates

According to data from South Korea's four major crypto exchanges (Upbit, Bithumb, Coinone, and DigitalEx), Bitcoin's average Kimchi Premium against Binance stood at 0.01% as of September 29, 6:30 PM KST. Ethereum showed a 0.00% premium, while XRP and USDT recorded negative premiums of -0.05% and -0.02% respectively.

According to Oracle, the company announced on Monday a new ledger integration that will allow financial institutions to connect their existing payments infrastructure and tokenized deposits to SWIFT's blockchain-based ledger. Banks will manage conventional and digital payment flows through the same operating framework while retaining control of their own deposit infrastructure. SWIFT's ledger is designed to support 24/7 cross-border payments while reducing liquidity constraints created by tradit

According to Odaily, on Sept 29, Ethereum's perpetual contract open interest on decentralized exchange Hyperliquid surpassed Bitcoin at approximately $30.2 billion versus $28 billion. Hyperliquid's total open interest reached a platform record of around $180 billion, representing 8.7% to 10.9% of global perpetual contract open interest.

Mixin has completed the full redemption arrangement of 23 million USDT corresponding to the September 23 incident in September 2026, with full redemption now open to eligible users.

According to Jin10, on September 28, China's representative to the World Trade Organization Li Yongxiao presented a proposal on WTO reform at the organization's Development Track session. The proposal, which focuses on the role of development issues in WTO reform, received widespread attention and positive responses from member states. Li proposed that members first assess specific opportunities and challenges faced by developing members in joining the multilateral trading system, then comprehen

According to Gate data, Brent crude oil (XBRUSD) declined to $101.89 per barrel, down 3.4% in the past 24 hours.

According to the People's Bank of China, the central bank increased agricultural and small-business re-lending quota by 500 billion yuan on September 29, 2026, with 300 billion yuan allocated to private enterprises. Following the adjustment, the total agricultural and small-business re-lending and rediscount quota rose from 4.35 trillion yuan to 4.85 trillion yuan. Private enterprise re-lending quota expanded from 1 trillion yuan to 1.3 trillion yuan, aimed at further encouraging local banks to

According to Thailand's Public Debt Management Office chief Jindarat on Tuesday, Sept 29, the country is considering increased use of short-term financing tools including Treasury bills, term loans, and promissory notes to meet 2027 fiscal year borrowing needs amid rising U.S. Treasury yields. Jindarat noted the office is evaluating investor demand across different maturities, with new debt issuance likely to adopt shorter tenors. The strategy aims to refinance existing debt through short-term i

According to The Korea Times, crypto payments company MoonPay launched a South Korean subsidiary on September 29, aiming to expand across Asia. The company plans to offer remittances, payments, and digital-asset distribution services after meeting local regulatory requirements, and is seeking partnerships with Woori Bank, KB Financial Group, and KakaoBank. MoonPay is targeting cross-border flows including remittances for international students, payments by foreign nationals in Korea, and global

According to the People's Bank of China, the central bank cut the one-year policy lending facility (PSL) rate by 0.25 percentage points to 1.5% from 1.75% today (September 29). The adjustment aims to better incentivize policy banks to support the real economy and serve national strategic priorities.

The People's Bank of China announced an increase of 200 billion yuan in its re-lending quota for technology innovation and technical reform, raising the total from 1.2 trillion yuan to 1.4 trillion yuan. The central bank also unified the support ratio at 100%, up from 60%, to encourage banks to expand lending to small and medium-sized tech enterprises and support equipment investment in key sectors.

China's People's Bank of China (PBOC) expanded the scope of Pledged Supplementary Lending (PSL) support today (September 29), bringing water networks, new-generation power grids, computing networks, next-generation communication networks, urban underground pipelines, and logistics networks into the program's coverage. The move aims to guide policy banks to increase financial support for these six infrastructure sectors and boost effective investment to unlock domestic demand potential.

According to Nikkei news, Mitsubishi Corporation and its partner Shell plan to double the annual liquefied natural gas production capacity of their Canadian LNG project from 14 million tons to 28 million tons, with new facilities expected to begin commercial operations in the early 2030s. Mitsubishi, which holds a 15% stake in the project, will invest a total of 500 billion yen (approximately $3.2 billion) in the expansion, with 350 billion yen allocated for construction. The expansion will posi

According to Jin10, Texas Governor Greg Abbott declared a statewide disaster on September 29, authorizing expanded use of dyed diesel on state roads. The proclamation also raised weight limits for fuel, agricultural, and timber transport operations. Abbott requested that the Environmental Protection Agency grant a federal waiver from ultra-low sulfur diesel regulations and suspend Texas's low-emission diesel standards.

According to the National Teachers' Mutual Aid Association (NTMAA), Kim Chang-soo, former president of Chung-Ang University, was appointed as the 21st chairman on September 29, taking office on September 28. Kim, who holds a doctorate in business administration from Florida State University, will lead the NTMAA for a three-year term ending September 27, 2029. The organization manages approximately 33 trillion won in assets across bonds, equities, and alternative investments, serving private scho

Plaud, a San Francisco-based AI wearable device maker, launched the Plaud Note Pro and NotePin S in Indonesia today (September 29). The Note Pro is priced at 3.5 million rupiah (US$200) while the NotePin S costs 3.4 million rupiah (US$190). Both devices record conversations, transcribe them, and generate summaries in over 112 languages including Bahasa Indonesia. Products are available through nearly 70 retail stores including Gramedia and iBox, and online via Shopee, TikTok Shop, and Tokopedia.

According to Crypto in America, former CFTC Chair Russ Behnam said at Georgetown University's financial markets conference that the agency needs clearer rules on managing risk in prediction markets, with potential litigation reaching the U.S. Supreme Court. Following the failure of the Clarity Act in the Senate, Behnam stated the CFTC's current regulatory approach to spot markets is like "patching with tape and paperclips," calling for durable long-term regulations.

According to Monex Europe analysts on Sept 29, the Bank of England is likely to raise rates in November due to energy price shocks, but this move may not strengthen sterling. The analysts stated: "We are cautious about how much support sterling will get from a rate hike driven by energy shocks, as energy shocks are simultaneously squeezing economic growth." Before the UK budget announcement on Oct 28, fiscal risks remain. Analysts noted sterling faces two-way risks until the fiscal situation bec

According to Israeli media, Israeli Prime Minister Benjamin Netanyahu met with Libya's Chief of Staff today during his visit to the United Arab Emirates.

Chainlink launched CCIP 2.0 on September 29, enabling institutions to run custom cross-chain verifiers, enforce compliance controls, and settle transactions faster than finality. The protocol currently secures $84 billion in cross-chain token value, including WBTC ($7.4 billion), cbBTC ($6.1 billion), and kBTC, with $15 billion in token value migrating over the past four months. The upgrade introduces Cross-Chain Verifiers allowing organizations to select third-party operators, configurable sett