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
12:38
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Ethereum PeerDAS Runs Stably for Nearly a Year Without Issues, Vitalik Says

According to ChainCatcher, Ethereum co-founder Vitalik Buterin announced that PeerDAS has run stably for nearly a year with virtually no problems, calling it an "underestimated achievement" by Ethereum client developers. Buterin noted that PeerDAS is a complex undertaking and the first blockchain system at scale to achieve consensus on data availability without requiring any single node to download the full block, enabling decentralized consensus without complete data replication.
ETH-0.75%
12:37
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DS Kosdaq Active ETF Surges 26% in a Month as Semiconductor Supply-Chain Stocks Rally

According to Korea Exchange data as of September 23, six Kosdaq active ETFs all outperformed their benchmarks over the past month, with DS Asset Management's DS Kosdaq Active recording the highest gain of 26.04% among all ETFs listed on South Korean exchanges. The Kosdaq Index itself rose only 0.43%, while the Kosdaq 150 Index declined 3.10%. The rally was driven by a surge in semiconductor materials, parts, and equipment (SME) stocks. DS Kosdaq Active concentrated 82.88% of its portfolio in IT
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12:34
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CFTC Guidance on Mention Markets Fails to Fully Address Manipulation Risks, Galaxy Research Says

According to Galaxy Research, the U.S. Commodity Futures Trading Commission (CFTC) released guidance this week on "Mention Markets"—prediction contracts tied to specific individuals' public statements and actions. Galaxy Research highlighted that such contracts carry structural manipulation risks distinct from traditional event contracts, as outcomes depend directly on a single person's voluntary behavior. For example, a contract predicting "whether Elon Musk mentions Bitcoin on the next SpaceX
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12:34
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CZ Says Most Crypto Projects Will Fail; Advises Retail Investors to Focus on Fundamentals

According to BlockBeats, on September 26, Binance founder CZ responded to questions about numerous failed projects listed on the platform, stating that most projects in any market ultimately fail. He drew parallels to the internet industry, where millions of companies emerged but only hundreds succeeded, with few becoming influential. However, successful projects may achieve exceptional outcomes. On retail investor participation and losses, CZ said providing public access to early investments ha
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12:32
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DEEPX Plans 2027 IPO, Prioritizes Korean Market as DX-M1 Chip Hits $13M Orders

According to an interview on September 18, DEEPX CEO Kim Nok-won said the company is considering preparing for an IPO as early as 2027, with the Korean market as the priority listing venue. The physical AI semiconductor maker is focusing on business expansion and next-generation product development this year before deciding on underwriters in 2027. DEEPX's DX-M1 chip has secured 77 commercial purchase orders exceeding $13 million from over 10 countries across robotics, drones, factory automation
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12:31
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China's Autumn Grain Harvest Progresses, Nearly 20% Collected Nationally as of Late September

According to CCTV News, China's autumn grain harvest is progressing across major production regions as of late September 26, with nearly 20% of crops collected nationally. Autumn grain accounts for approximately 75% of the nation's annual grain output. Regional progress varies, with southwestern regions exceeding 50% completion and the Yangtze River middle and lower reaches surpassing 30%. Recent rainfall has intensified harvest efforts.
12:28
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Trump Administration Exploring Fuel Tax Suspension as Diesel Prices Hit $6.50 per Gallon

According to Bloomberg, Trump administration officials are exploring measures on September 26 to address surging diesel prices, including suspending fuel taxes and removing sales restrictions on dyed diesel. Vice President Vance, Energy Secretary Wright, Interior Secretary Burgum, and Treasury Secretary Bessent are among the senior officials involved in discussions. U.S. diesel prices remain elevated at $6.50 per gallon. Earlier this week, Trump's proposed export ban on diesel fueled price incre
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12:26
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South Korea to Shorten Stock Settlement Cycle to T+1 Following Chuseok, Overhauls Kosdaq

According to Yonhapnews TV, South Korea's government announced plans to shorten the stock settlement cycle from T+2 (two trading days) to T+1 (one trading day) following the Chuseok holiday, with a detailed roadmap to be released in October. The change will allow investors to receive funds from stock sales faster, though settlement risks may increase due to compressed timelines, particularly for foreign investors. Additionally, the Korea Exchange will introduce Kosdaq segmentation to strengthen
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12:22
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Bitget Withdrawal Resumption Starts With Bitcoin on Sept 28

According to Bitget's withdrawal resumption plan, Bitcoin withdrawals are set to resume at 08:00 UTC on September 28, followed by Ether on September 29, USDT on September 30, and other assets plus fiat services on October 2. The exchange suspended withdrawals on September 24 after detecting unauthorized transfers totaling approximately $387.5 million from its wallets. Bitget's technical team has fixed the identified vulnerabilities and is conducting additional security checks with assistance fro
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BTC-0.35%
12:20
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South Korea Savings Banks Raise Deposit Rates to 4.07% as Investors Shift from Stocks

According to the Financial Supervisory Service, South Korean savings banks today reached record high deposit rates for 12-month fixed deposits, with Woori Savings Bank offering 4.07% annual interest—the highest across all banks and savings institutions. The rate hikes follow intensifying competition among major banks. South Korea's five largest banks—KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup—raised their standard fixed deposit rates to an average of 3.4%–3.5%, up from 3.2%–3.4% previousl
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12:18
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CZ Denies Having Power to Move Crypto Markets, Says August 19 Bitcoin Post Timing 'Pure Coincidence'

According to BlockBeats, on September 26, Binance founder CZ stated during the "When Shift Happens" podcast that while he remains bullish on Bitcoin, he does not have the ability to influence overall crypto market prices. CZ addressed a post he made on August 19 when Bitcoin was trading around $60,000, which the market interpreted as encouragement to buy. The crypto market subsequently surged approximately 20% in the following days. CZ clarified he lacks the power to drive market-wide price move
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BTC-0.35%
12:13
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Morgan Stanley Shifts AI Investment to 'Barbell Strategy': Supply Bottlenecks and Adoption Enterprise in Focus

According to Morgan Stanley's latest thematic research report, AI investment is entering a new stage shifting from pure compute expansion toward a "barbell strategy," with exposure concentrated at two ends: addressing supply bottlenecks in AI infrastructure—particularly power—and identifying AI-adopting enterprises achieving measurable business benefits. The report indicates AI-adopting enterprises are showing profit inflection, with expected cumulative EPS growth of approximately 70% over the n
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12:12
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CFTC Sues Cash FX Group Over $950M Forex Ponzi Scheme, Cites $406M Losses

According to the CFTC, the Commodity Futures Trading Commission has sued Cash FX Group S.A., CEO Huascar Jose Lopez Castillo, The Conversion Pros Inc., CEO Ronald Pope, and Justin Halladay, alleging they operated a multilevel marketing Ponzi scheme that collected over $950 million for purported foreign-exchange trading. The civil enforcement action, filed in the U.S. District Court for the Middle District of Florida, alleges participants were promised weekly returns of up to 15% on pooled forex
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12:10
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Six U.S. Tech Giants Need $1.42 Trillion Revenue by 2030 to Hit 15% ROI on AI Infrastructure: Goldman Sachs

According to Goldman Sachs, a report released on September 26 analyzed AI capital spending returns for six major U.S. tech firms—Alphabet, Amazon, Microsoft, Meta, Oracle, and SpaceX—based on their 2026-2027 investments. Assuming approximately $42 billion in upfront costs per gigawatt (GW) of computing capacity, Goldman Sachs estimates these six companies must collectively generate $1.42 trillion in revenue between 2028 and 2030 to achieve a 15% annual return on invested capital (ROIC), equivale
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12:07
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Federal Reserve Requests Public Comment on Two Stablecoin Regulatory Proposals Under GENIUS Act

According to a Federal Reserve release issued on Thursday, the Fed requested public comment on two proposals for establishing a regulatory framework for supervised payment stablecoin issuers under the GENIUS Act. The first proposal would require stablecoin issuers to fully back their coins with high-quality liquid assets such as short-term Treasury bills, standardize capital requirements, and set risk-management standards. The second would establish an application process for banks seeking to is
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12:06
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Binance Founder CZ Supports Hyperliquid and DEX Competition, Cites Industry Penetration Under 1%

According to BlockBeats, Binance founder CZ on September 26 expressed support for Hyperliquid and welcomed more decentralized and centralized trading platforms to participate in industry innovation during a podcast appearance. CZ estimated that crypto asset ownership penetration among the global population ranges from 5% to 15% by headcount, but only accounts for less than 1% of personal wealth allocation, indicating the industry remains in its early stage.
HYPE-0.94%
11:56
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Shanxi Governor Accelerates Coal Production Recovery Efforts on September 26

According to Shanxi Radio and Television, on September 26, Shanxi Provincial Governor Lu Dongliang chaired a meeting on coal safety and stable production. He emphasized the need to reverse the declining coal output trend and accelerate the restart of coal operations while maintaining safety standards. The province aims to stabilize coal production and supply while optimizing its coal industry ecosystem to support national energy security.
11:56
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Ripple CEO's January Comments on XRP vs. Stablecoins Resurface; Multi-Asset Model Already Built

According to Ripple CEO Brad Garlinghouse, comments made on January 22 about XRP potentially being the best bridge asset for some cross-border payments while stablecoins may solve other customer needs more effectively resurfaced on social media on September 24. Garlinghouse framed the remarks as conditional rather than a ranking, rejecting an XRP-only approach and pushing back on being labeled an XRP maximalist. Ripple Payments currently reflects this multi-asset posture, supporting settlement i
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XRP-4.58%
11:48
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Bitget CEO Calls on THORChain to Refuse Service to Attacker Addresses on Sept 26

According to PANews, Bitget CEO called on THORChain to refuse service to addresses linked to an attacker today (September 26), stating that the relevant addresses have been publicly identified and are under continuous tracking. The CEO emphasized that decentralization is a design principle and should not serve as a shield to facilitate the handling of known stolen funds.
11:43
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Individual Investors in South Korea Net Sell 17.92 Trillion Won in September; US ETF Purchases Fall 50%

According to Korea Exchange, South Korean individual investors net sold 17.92 trillion won on the KOSPI through September 22, marking the largest monthly outflow since April and a return to net selling after five months of accumulation. Meanwhile, individual purchases of U.S.-listed ETFs traded domestically fell to 1.40 trillion won in September from 2.80 trillion won in August, a 50% decline. The outflows occurred as KOSPI tested support around the 7000-point level, with analysts citing profit-
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