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.
Today
06:44
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South Korean Securities Firms Deploy Cartoon Characters on Instagram to Attract Young Investors

According to South Korean financial media on October 2, securities firms are expanding customer engagement through webtoon and short-form content featuring proprietary character IP. iM Securities runs a daily-life webtoon series 'iM' on Instagram starring its character 'Imhamjji,' designed to appeal to investors through relatable workplace episodes rather than direct investment pitches. The firm also publishes podcast-format content 'iM Lenz' on YouTube featuring analyst-led investment informati
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06:43
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Samsung Electro-Mechanics Discloses $2.6B in AI Component Contracts for 2027 Delivery

According to The Korea Herald, Samsung Electro-Mechanics disclosed long-term AI component contracts totaling 3.6 trillion won (approximately $2.6 billion) this year, as customers lock in supply for servers to be built in 2027 and beyond. The latest agreement covers 290 billion won ($215 million) in multilayer ceramic capacitors (MLCCs) and inductors for an unnamed global buyer throughout 2027. Earlier contracts included a 1.6 trillion won ($1.15 billion) silicon capacitor agreement signed in May
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06:37
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Acuon Capital Placed Under Positive Review by Korean Ratings Agency on October 2

According to Han Kuk (Korean ratings agency), on October 2, Acuon Capital was placed under positive review for potential credit rating upgrade. The agency maintained the company's mandatory guaranteed bond credit rating at A and its short-term note rating at A2, while adding both to its positive review watch list. The decision reflects expectations that Acuon Capital's credit profile may benefit from potential affiliate support once its acquisition by Hanwha Life Insurance is completed. Hanwha L
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06:32
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Evernorth Shareholders Approve SPAC Merger, Set to Debut on Nasdaq with 473M XRP Under XRPN Ticker

On October 1, Evernorth shareholders approved a business combination with Armada Acquisition Corp. II, paving the way for the company to debut as the first major publicly traded pure-play XRP treasury firm. The transaction is expected to close on October 7, subject to customary conditions and Nasdaq approval, with trading set to commence under the ticker XRPN. Evernorth expects to hold 473 million XRP following the merger close. The firm plans to actively deploy its XRP holdings into ecosystem i
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XRP1.13%
06:26
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RWA Market Hits $38 Billion, Grows 6-Fold in 18 Months; Redstone COO Highlights Data Verification Needs

According to Edaily Market, Redstone COO Marcin Kazmierczak said on October 2 at the Global STO Summit 2026 in Seoul that the real-world asset (RWA) market, currently valued at $38 billion, has expanded six-fold over the past 18 months. However, moving from the issuance phase to productive utilization requires verifiable price data and instant settlement infrastructure. Kazmierczak noted that a single pricing error could destabilize on-chain lending markets and trigger unwarranted liquidations o
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RED-5.30%
06:25
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HiveLabs Completes Pre-IPO Funding Round with 100 Billion Won Valuation on October 2

According to HiveLabs' statement on October 2, the AI technology company completed its first Pre-IPO investment round, receiving funding from a fund jointly managed by SK Securities and Lakewood Partners. The funding valued the company at 100 billion won. SK Securities also participated with its own capital, accounting for over 10% of the total investment. The company plans to target a KOSDAQ listing in the second half of 2027.
06:23
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EU Diesel Prices Hit Record High in 12 Countries as U.S. Urges Emergency Reserve Release

According to Jin10, on October 2, diesel prices across 12 European Union countries reached record highs amid escalating pressure from the United States to release emergency fuel reserves. The U.S. Department of Energy expressed high confidence that European nations would tap strategic diesel stockpiles, while U.S. Trade Representative Grier stated that Europe should release portions of its reserves and indicated ongoing discussions with France on the matter.
06:22
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NEAR Intents Halts Services After $3.8M Exploit on Thursday

According to NEAR Intents, the platform halted its cross-chain trading service on Thursday, October 1, after attackers exploited a bug in its Omni deposit and withdrawal infrastructure, draining approximately $3.8 million. NEAR co-founder Illia Polosukhin said the AI security layer SHIELD detected the anomaly; the vulnerability was patched within an hour and isolated to USDT on BNB Smart Chain. Deposits and withdrawals across 11 networks remained suspended for approximately 12 hours while Omni i
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NEAR-8.17%
06:22
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Maharlika Investment Fund Deployed Only 24.7 Billion Pesos Through Mid-2026, Earnings Mostly From Interest Placements

According to Rappler, the Maharlika Investment Corporation (MIC) has deployed only 24.7 billion pesos in capital by the end of the first half of 2026, representing roughly one-third of the 75 billion pesos originally contributed by state banks. MIC reported 1.24 billion pesos in net income for H1 2026 but revealed that 1.14 billion pesos came from interest on short-term cash placements primarily with government financial institutions rather than from substantive infrastructure or development inv
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06:20
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SK Innovation Surges 10% as Oil Prices Jump on China Export Halt

According to Yonhap News, on October 2, South Korean refiners surged as crude oil prices jumped following China's halt of petroleum product exports. SK Innovation rose 10.17%, S-Oil gained 11.36%, and GS climbed 3.13%. Brent crude for December delivery closed up 4.37% at $102.31 per barrel, while WTI for November rose 2.71% to $92.87 per barrel overnight. Geopolitical tensions, including Ukraine's attacks on Russian oil facilities and additional U.S. military deployment to the Middle East, have
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06:19
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UAE Withdraws Landing Authorization, Israeli Airline Cancels Flights on October 2

According to Jin10, Israeli airline announced on October 2 that it canceled flights scheduled to depart for Dubai that day after the UAE suddenly revoked landing authorization. The airline's statement indicated that next week's flights remain planned but all tickets are sold out. Israeli senior officials held prolonged negotiations with UAE counterparts but failed to reach a final agreement on landing rights for Israeli aircraft. The withdrawal has left numerous Israeli passengers stranded in Du
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