Gate Crypto Flash News and Market Updates

According to Dunamu, the operator of Upbit, on October 8 the exchange issued a security alert regarding fraudulent requests for API keys and account credentials circulating on social media. Scammers falsely claim they only intend to view market data and promise not to conduct transactions, but Upbit's market data is publicly available without authentication, making such requests a red flag for fraud. Dunamu emphasized that sharing API keys or account information with others—regardless of stated

According to Odaily, Payward is in talks with Wells Fargo to become the bank's cryptocurrency liquidity provider. The proposed collaboration would involve supplying liquidity for digital asset trading. Wells Fargo previously provided advisory services to Payward during Nasdaq Investments' $100 million funding round in the company.

According to Jin10 Futures, CBOT soybean oil futures declined on Wednesday, with the benchmark contract closing 3.2% lower due to unwinding of long oil-short meal crush spread positions and weakness in international crude oil futures. Traders noted the combination of spread liquidation and falling crude prices pressured the soybean oil market significantly. Concerns about soybean quality following heavy rainfall in the U.S. Midwest last month eased as crushing operations progressed, alleviating

According to Yahoo Finance citing TrendSpider data, Amazon's trailing price-to-earnings ratio hit 20x on October 7, marking the lowest level since the company's IPO. Despite the artificial intelligence boom that drove Nvidia, AMD, and Meta to surge in recent weeks, Amazon stock declined 2.4% over the past month. The weakness reflects investor concerns over the company's aggressive capital expenditure plans, with 2026 capex budgeted at approximately $220 billion, and ongoing regulatory pressures

According to ChainCatcher, CFTC Chair Mike Selig said during a CNBC interview that the regulator will not engage in a "race to the bottom" on leverage. Instead, the CFTC will apply mature margin models and risk control measures—long applied to derivatives markets to maintain market integrity—to the crypto market.

Japan reported a trade deficit of 687.7 billion yen for August, beating expectations of 715.2 billion yen and improving from July's 399.9 billion yen shortfall.

Foreign investors purchased 585.7 billion yen in Japanese government bonds during the week ending October 2, according to Japanese government data, compared to net selling of 1.34 trillion yen in the previous week.

During the week ended October 2, Japanese investors purchased 1.3246 trillion yen in foreign stocks, compared to 225.8 billion yen in the previous week, marking a surge of approximately 487 percent.

Japan's unadjusted current account for August came in at 4,062 billion yen, exceeding the forecast of 3,194.6 billion yen and the prior month's 2,988.9 billion yen.

Foreign investors net purchased 2.19 trillion yen of Japanese stocks in the week ending October 2. The previous week's data was revised upward to negative 354.2 billion yen from an initially reported negative 362 billion yen.

Japan's August trade balance posted a deficit of -399.884 billion yen, coming in better than the forecast of -803.1 billion yen. The figure was largely unchanged from the previous month's -399.9 billion yen.

In the week through October 2, Japan's purchases of foreign bonds totaled -347.6 billion yen, compared to a revised prior week figure of -682.3 billion yen.

According to Korea Exchange, Korea Investment & Securities' ACE Life Asset Value Active ETF ranked first among 336 listed active ETFs based on 6-month benchmark-relative performance on October 8. The fund delivered a 55.15% return over the period, outperforming its benchmark by 54.10 percentage points—the only active ETF to exceed 50% benchmark outperformance. Over the past year, the fund posted a 139.26% return with 101.77 percentage points of benchmark outperformance. Net assets surged 244.97%

According to Japan Exchange Group (JPX) on October 7, the TOPIX index will undergo a major restructuring, removing approximately 650 companies (40% of current constituents) and adding 35 new listings. The new inclusion criteria prioritize trading liquidity and market capitalization, requiring companies to meet a minimum annual trading value turnover rate and rank within the top 97% by free-float market cap. Companies failing to meet the standards will see their index weighting gradually reduced

According to Daol Investment Securities, on October 8, the firm raised its target price for Pumtech Korea from 76,000 KRW to 86,000 KRW and maintained a BUY rating, citing stronger-than-expected Q3 results driven by robust demand for cosmetic containers. The brokerage forecast Q3 operating profit of 22.4 billion KRW, up 46.4% year-over-year, with revenue projected at 122 billion KRW, up 24.9% from the prior year. Analyst Park Jong-hyun noted that high facility utilization and seven consecutive f

The U.S. government, Alphabet (Google's parent company), and Meta Platforms recently announced a joint commitment to Biohub's Virtual Biology Initiative, a $1.8 billion program aimed at building a large-scale, standardized cell dataset to train artificial intelligence models. The initiative seeks to enable AI systems to predict cellular responses to different conditions, potentially accelerating drug development and biomedical research. Meta, Google DeepMind, and biotech firm Isomorphic Labs wil

According to Jin10, OpenAI announced on October 1 that GPT-6 equipped with an intelligent user interface has been rolled out globally to Plus, Pro, Business, and Enterprise users, with free and Go tier users to gain access at a later date. On the same day, Anthropic released Claude Haiku 5.5, which the company described as its fastest and most capable small language model to date. Meanwhile, Samsung reported a third-quarter operating profit surge of 783%, slightly exceeding expectations, driven

According to Daol Investment Securities on October 8, CG projects Q3 operating profit of 18.6 billion won, a 93% increase year-over-year, with revenue of 129.6 billion won up 14%. Non-respiratory diagnostic products, including HPV and STI testing, are expected to reach 67.3 billion won in Q3 sales, growing 21% year-over-year, offsetting seasonal weakness in respiratory diagnostics.

According to Sangsangin Securities analyst Lee Seo-yeon on October 8, the brokerage maintained its buy rating on Hyundai Glovis (stock code: 086280) with a 320,000 won target price, implying 59.2% upside from the previous closing price of 201,000 won on October 6. The firm estimated the company's third-quarter revenue at 8.25 trillion won, up 12.2% year-over-year, with operating profit of 536.8 billion won, up 2.4%. Growth drivers include a 68% surge in Chinese auto exports and ongoing expansion

According to iM Securities on October 8, Han Mi Pharma's target stock price was raised to 650,000 KRW from 600,000 KRW, reflecting the company's AI-designed obesity drug candidate validation and substantial upcoming technology transfer revenues. The brokerage estimates Q3 revenue will surge 72.5% year-over-year to 625 billion KRW, while operating profit will jump 414.2% to 283.1 billion KRW, boosted by large upfront contract payments. The valuation increase reflects a 2.3 billion U.S. dollar tec