Gate Crypto Flash News and Market Updates

According to REX Financial executives at a Seoul press briefing on September 28, U.S. leveraged products saw a significant shift in investor demand during Q3. Single-stock leveraged products experienced net outflows of $5 billion, while index-based products received $9 billion in inflows—a reversal from last year, when single-stock products attracted $10 billion and index products saw $14 billion in outflows. REX Financial plans to launch the S&P 500 4x leveraged ETN (ticker: SPYU) under its Mic

According to MistTrack, on September 29, Bitget hackers attempted to transfer stolen funds through Chainflip. The exchange rejected the deposit, preventing the transfer from proceeding. The funds were neither intercepted by the platform nor transferred, ultimately being returned to the hackers. MistTrack is monitoring the funds' subsequent movement.

China's overnight SHIBOR fell to 1.3451%, down 1.59 basis points. The 7-day SHIBOR declined to 1.3830%, down 0.63 basis points, while the 3-month SHIBOR held steady at 1.4300%.

According to CoinDesk, Franklin Templeton today expanded its off-exchange collateral program to crypto exchange Bybit. Users can pledge shares in the asset manager's tokenized money market funds to borrow stablecoins USDT or USDC for trading, with underlying assets held by custody platform ByCustody. The pledged shares represent approximately US$686 million in net assets. Franklin Templeton already offers similar arrangements on Binance and OKX.

According to Jin10, on September 29, the People's Bank of China (PBoC) and eight government agencies released guidance on financial support for service sector expansion. The guidance establishes four key policy dimensions to address the sector's specific characteristics and financing needs. National banks are directed to leverage their scale and branch networks to focus on 3–5 strategic areas aligned with national priorities. Regional banks are tasked to concentrate on 1–2 local industries and d

According to BlockBeats, on Sept 29, 77 of 91 altcoin contracts with over $1 million in 24-hour volume on Hyperliquid declined, representing 84.6% of the tracked contracts, with 24 falling over 10%. NEAR, ZEC, and ARB each dropped approximately 13.48%, 13.14%, and 13.39% respectively, while UNI fell about 10.98%, and HYPE declined 5.38%. In contrast, BTC only dropped 0.83% and ETH remained relatively flat. Meanwhile, 67 of the 91 contracts saw open interest decline compared to the previous day.

According to RootData, MYX Finance will unlock approximately 18.06 million MYX tokens worth approximately $1.29 million on October 6.

According to the U.S. Navy, USS Dwight D. Eisenhower, a Nimitz-class aircraft carrier, experienced an accident during carrier aircraft recovery operations near the coast of Virginia on September 28.

According to BlockBeats, Senate Democrats from the Permanent Subcommittee on Investigations released a report on September 29 accusing Tether's USDT of becoming a key financial channel for Iran's shadow banking system. The report requested the Treasury and Justice Department investigate whether Tether violated sanctions and banking laws. The report also highlighted connections between Tether and Trump administration officials, including Commerce Secretary Howard Lutnick's family-controlled Canto

According to Guardian and other UK media, five men were arrested near RAF Fairford base on September 28 at 0:45 a.m. local time following reports of a suspicious vehicle reportedly heading toward the facility. Initial police investigation indicated the substance discovered in the vehicle could be an improvised explosive device (IED). All five suspects—identified as men in their 20s from London—were released on bail within 36 hours, with UK media suggesting this may indicate no functional explosi

According to Anjuke monitoring data, Yuexiu Tianyu, located in the Senlan International Community in Pudong, Shanghai, sold out all 147 residential units totaling approximately 1.236 billion yuan on its opening day on September 26. The project achieved a subscription rate of 252%, triggering an allocation draw. The units ranged from approximately 105 to 141 square meters in gross building area. The project was the first in Pudong to launch after Shanghai's "926 New Policy" for improved residenti

According to NEAR Intents, the protocol froze $503,000 in stolen funds on its platform following the September 24 Bitget breach. The exchange lost approximately $387.5 million in total, with hackers attempting to move over $50 million through NEAR Intents. Of that amount, only $166,000 was completed before the protocol's risk control system SHIELD identified and blocked the transfer. NEAR Intents stated it is declining the recovery bounty to maximize Bitget's fund recovery efforts.

According to Alon, Pump.fun's co-founder and chief operating officer, the platform is hiring a support lead for its Trading Terminal and expanding its support team across the app and launchpad. Candidates should demonstrate initiative, provide professional user support with quick response times, and manage end-to-end support responsibilities. The Trading Terminal support lead role will oversee the support team, liaise with VIP partners, and relay user feedback to engineers. Pump.fun is also recr

According to Capital Economics, Thailand's central bank is likely to keep its policy rate at 1.00% unchanged for the remainder of 2026 to support economic growth. The Thai economy is expected to remain weak in the near term due to a significant surge in energy prices.

According to Yonhap Infomax, the chairperson of UN PRI's board of directors emphasized on September 29 that institutional investors such as pension funds must establish long-term evaluation frameworks for asset managers based on stewardship codes, prioritizing sustained shareholder engagement over relative short-term performance. Speaking at Korea Premium Week held by South Korea's Financial Services Commission and Korea Exchange, Conor Kehoe stated that asset owners should set clear expectation

According to a joint statement released on September 29, 18 domestic and international asset managers holding 87 trillion won in assets under management opposed South Korea's proposed mandatory public offer rule scheduled for a National Assembly vote on October 1. The asset managers criticized the proposal for allowing controlling shareholders to sell their full stake first in off-market transactions, while minority shareholders face limited sale opportunities. They urged postponement of the Oct

According to Arkham data, on September 29, a tracked ZEC whale entity received approximately 8,605 ZEC through three CEX platforms, with the tokens subsequently consolidated into collection wallets. The entity's six associated addresses now collectively hold 65,158 ZEC, up 15.2% from previous holdings, valued at approximately $91.13 million. With an average entry price of $1,509.7 per token versus the current price of $1,398.6, the position is currently down approximately $7.24 million or 7.36%.

According to a joint statement from Spanish PM's office and French President's office, French President Emmanuel Macron will conduct a state visit to Spain on Sep 29-30. The visit marks the first state visit by a French president to Spain since 2009.

According to China's central bank, service industry medium- and long-term loans reached 76.22 trillion yuan at the end of the second quarter, up 6.4% year-on-year, reported Jin10 on September 29. The growth rate exceeded the overall loan expansion by 1.3 percentage points, demonstrating strengthened financial support for the service sector's development.

According to Chen Bangxun, spokesperson of China's Ministry of Agriculture and Rural Affairs, the live pig supply-demand situation has continued to improve in the second half of 2026, with prices stabilizing above 11 yuan per kilogram despite recent fluctuations. The ministry plans to monitor market conditions and guide farms to arrange production rationally, focusing on capacity adjustment and promoting high-quality industry development.