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
23:16
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Kakao Stock Drops 47% in One Year, Market Cap Wiped Out 12.4 Trillion Won

According to Yonhapinfomax, Kakao stock fell to 31,700 won on October 14, down 47% from 59,800 won on October 13, 2025, erasing approximately 12.4 trillion won in market capitalization. The decline came one year after CEO Jung Shin-ah pledged to prioritize shareholder value and AI-driven growth. Despite achieving record operating profits of 732 billion won in 2025 and 277 billion won in the second quarter of 2026, the stock continued declining. Kakao announced plans for a stock split in August,
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23:16
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Kakao Unveils AI Agent Services, Targets 1 Trillion Won in AI Revenue by 2030

According to Yonhapinfomax, Kakao on October 13 unveiled personalized AI agent services at its annual developer conference in Yongin, South Korea. The announcement includes Kanana Space, which enables users to manage messages, schedules, and web searches through voice commands on KakaoTalk, with plans to expand to shopping, gifting, reservations, and payment functions. The company also introduced Canvas, a PC-based service for creating custom AI agents. Kakao aims to achieve over 6 trillion won
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23:16
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U.S. Social Security Benefits Rise 3.6% for 2027, Highest Increase in Four Years

According to the U.S. Social Security Administration, on October 14, the SSA announced a 3.6% cost-of-living adjustment (COLA) for 2027 Social Security benefits, marking the highest increase in four years. The adjustment will result in an average monthly raise of $75 per beneficiary. The COLA is calculated based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from July through September, with September's CPI-W rising 3.9% year-over-year.
23:15
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S-One Announces 450 Billion Won Share Buyback, Stock Soars 10.7% Overnight

According to Yonhapinfomax, S-One announced yesterday (October 14) a 450 billion won share buyback and cancellation plan, triggering a 10.7% surge on the NXT aftermarket to 96,300 won. The Seoul-based Samsung affiliate security company plans to cancel 4.548 million existing shares and acquire an additional 4.545 million shares, totaling 8.734 million shares or approximately 23% of outstanding stock. The public tender offer price was set at 99,000 won per share, about 15% higher than the regular
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23:13
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JPMorgan CEO Warns U.S. 10-Year Treasury Yield Could Hit 6%, Economic Impact 'More Severe' Than Prior Rise

According to MarketWatch, JPMorgan CEO Jamie Dimon warned on Tuesday (October 13) that if the U.S. 10-year Treasury yield rises 1 percentage point from its current 5.23%, the economic impact would be more severe than the 1 percentage-point increase following the Iran war outbreak. Dimon noted that while he did not forecast yields reaching 6%, investors and companies should prepare for this possibility. Rising yields have already pushed up borrowing costs for households, farmers, businesses, and
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23:06
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Tiandi International Sees 4.6% Enrollment Growth to 28,188 Students in Autumn 2026

According to a company announcement, Tiandi International Holdings (01773) reported that new enrollment at its self-operated schools reached 28,188 students as of the autumn 2026 semester, an increase of 1,227 students or 4.6% year-over-year. The growth marks a rebound in enrollment after the company adjusted recruitment strategy to focus on higher-quality student sourcing. However, total enrolled students declined by 8,759 due to a cohort of students who graduated after completing high school s
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23:02
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BNB Chain's Tokenized Stock Market Cap Rises $87.7M in One Week

According to Token Terminal, BNB Chain's tokenized stock market cap increased by $87.7 million over the past week, leading competitors Ink and X Layer, which saw gains of $10.9 million and $6.6 million, respectively. The surge reflects growing investor interest in tokenized real-world assets as a digital investment vehicle.
23:01
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Ondo Leads Tokenized ETF Market with $325.7M Issued of $686.5M Total

According to Token Terminal, Ondo has emerged as the leader in the tokenized ETF market, with $325.7 million in issued assets out of a total market size of $686.5 million. This represents roughly 47% of the market. Binance bStocks and xStocks follow with $160.1 million and $128.6 million respectively, with the three largest issuers collectively accounting for approximately 90% of the tokenized ETF market.
ONDO-4.02%
23:01
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U.S. Stocks Fall Overnight; Nasdaq Drops 1.88% as Chip Stocks Extend Losing Streak, European Indices Rise

According to Jin10 Futures, U.S. stocks fell overnight (October 14). The Nasdaq dropped 1.88% to 26,692.87 points, the S&P 500 fell 1.11% to 7,718.94 points, and the Dow Jones Index declined 0.09% to 51,621.48 points. The Philadelphia Semiconductor Index fell 4.3%, marking a sixth consecutive day of losses. Meanwhile, European indices rose across the board: Germany's DAX gained 0.15%, France's CAC 40 climbed 0.58%, and the UK's FTSE 100 increased 0.7%. Commodities declined broadly. COMEX gold fu
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23:00
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Tianlian International Holdings Forecasts FY2026 Revenue of 3.8B Yuan, Up 5.9% YoY

According to Zhitong Finance, Tianlian International Holdings (01773) announced on October 14 that for the fiscal year ending August 31, 2026, the group expects revenue of approximately 3.8 billion yuan, a 5.9% year-over-year increase from 3.589 billion yuan in the prior year. The group projects profit of 5.8 billion to 6 billion yuan, down 7.4% to 10.5% from 6.48 billion yuan in the previous year, and adjusted profit of 5.2 billion to 5.4 billion yuan, down 12.3% to 15.6% from 6.16 billion yuan
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22:58
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Samsung Biologics Union Seeks Correction to Equity Offering Disclosures Ahead of October 26 Strike

According to union and investment banking sector sources on October 15, Samsung Biologics' labor union requested regulators review the company's equity offering disclosure, citing insufficient risk disclosure related to a planned three-week strike starting October 26. The union claimed the offering prospectus failed to adequately reflect potential production disruptions, particularly as the strike date coincides with warrant trading commencement. The company's equity offering size was reduced to
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22:57
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GameStop CEO Ryan Cohen Buys 840,000 GME Shares for $22.77M on October 14

According to CNBC and Yahoo Finance, Ryan Cohen, CEO and board chair of GameStop, purchased 840,000 shares of the company for $22.77 million on October 14. The stock was bought at prices ranging from $26.75 to $27 per share. This marks Cohen's second major buyback in less than two weeks, following a $17.1 million purchase on October 2. Cohen's direct shareholdings now total 42.49 million shares, with effective ownership including warrants reaching approximately 46.2 million shares, or about 9.1%
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22:57
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Fed's Goolsbee: September Inflation Disappointing, More Data Needed Before Rate Hikes

According to BlockBeats, on October 15, Chicago Federal Reserve President Austan Goolsbee said September inflation data came in higher than expected, disappointing markets. He noted that service sector inflation remains above 5 percent and core goods prices did not ease as anticipated. Goolsbee stated that if core inflation persists at around 4 percent annualized monthly gains, it would be completely unacceptable and the Fed must act. He expressed a preference to wait for more data before decidi
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22:56
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China's Wang Yi Meets Russian Foreign Minister Lavrov in Baku on October 14

According to Jin10, China's Foreign Minister Wang Yi met with Russian Foreign Minister Sergey Lavrov in Baku on October 14. Lavrov expressed Russia's full support for China's hosting of the APEC leaders' informal meeting. The two sides coordinated their positions on multilateral cooperation frameworks including the United Nations, G20, APEC, and BRICS, as well as regional hotspot issues of mutual concern.