Gate Crypto Flash News and Market Updates

According to BlockBeats, on September 28, StonkFun's official X account resumed normal operation after a brief suspension. Data from GMGN shows STONK's market capitalization stands at $202 million.

According to ChainCatcher, Michael Saylor, executive chairman of Bitcoin Treasury Strategy Inc., recently proposed that digital tokens could help 10 million new companies raise capital while reducing fundraising costs and delays amid AI-driven business transformation. Saylor advocated simplifying issuance rules while preserving disclosure and anti-fraud protections, allowing companies to tailor token issuance rules by type and set disclosure requirements matching risk levels. The SEC also unveil

According to ChainCatcher's data panel, over the past 7 days, Deribit led cryptocurrency exchange reserve asset outflows with net withdrawals of $340 million, while Binance's BTC wallet balance declined by 2.95%, the largest among the top 10 exchanges by holdings. Among the top 10 exchanges, only two saw net inflows over the period. Binance led inflows with $703 million in reserve assets, followed by Bitfinex with $321 million and OKX with $40.46 million.

According to BlockBeats, DYORSWAP announced on September 28 that it has compensated affected users with over 200 ETH following the fake GIWA Network 9134 incident. The multi-chain DEX clarified the event resulted from a fraudulent network impersonating GIWA, not a smart contract exploit. The false L2 network, deployed on September 27 at 02:10:59 UTC+8, operated briefly before approximately 766.25 ETH was withdrawn from a bridge after 1,335 addresses deposited about 767.65 ETH. DYORSWAP stated th

U.S. Secretary of State Marco Rubio is scheduled to meet with Lebanese Prime Minister on Monday at 10 a.m. ET, followed by a meeting with Saudi Arabia's Foreign Minister at 11:15 a.m. ET on the same day. Both meetings are slated to take place in Washington.

According to the Bank of Japan's latest meeting minutes, a BOJ official stated that markets appear to expect interest rate hikes roughly every six months, but the central bank may actually raise rates at a faster pace.

According to X user choblin29 sharing comments from OpenAI's head of applied research Boris Power, 80% to 90% of the company's research is currently focused on GPT-7, GPT-8, and subsequent models. Power stated that improvements within the same generation of models are viewed internally as short-term investments to accelerate current learning, rather than long-term strategy. The company plans to build large frontier models first, then use them as teacher models to distill into smaller, cheaper ve

According to Bank of Japan meeting minutes, multiple members have signaled a shift in policy focus toward stabilizing core inflation around 2%, moving away from efforts to push inflation higher.

Spot silver fell 1.00% intraday, trading at $63.66 per ounce.

According to Kazuo Momma, ex-executive director of the Bank of Japan's monetary policy division, on September 28, the central bank may raise its benchmark rate in October for a second consecutive month, earlier than many economists expect. Momma stated there is a 20-30% probability of back-to-back rate hikes, as the BoJ shifts policy focus and signals faster tightening ahead. Momma's baseline scenario projects the BoJ's policy rate reaching around 2% by June or July next year, implying three mor

According to Odaily, QNT surged to a 24-hour high of 373 USDT earlier today (Sept. 28), up over 87%, before pulling back to 287.71 USDT. The rally was fueled by Quant's announcement that it will provide technology infrastructure for The Clearing House's on-chain currency initiative, handling network interoperability, orchestration, and settlement layers. The network will enable financial institutions to clear and settle tokenized deposit transactions with instant settlement capabilities, expecte

According to the Bank of Japan's latest meeting minutes, a board member stated that recent yen weakness and developments in the Middle East could push up inflation expectations and increase upside risks to prices.

According to the Financial Supervisory Service on September 28, South Korea's financial regulator and eight bank holding company chiefs discussed competitive conditions in regional treasury bidding during a breakfast meeting on September 23. The meeting, which began at 7:30 a.m. and ran until 9:30 a.m.—beyond the originally scheduled 9:00 a.m. end time—focused on CEO succession and internal controls, but regional bank holding company chiefs raised particular concerns about large banks competing

According to South Korea's insurance industry, Shinhan Life recently injected 30 billion won into its long-term care subsidiary Shinhan Life Care on September 28. The company continues capital investments to develop facilities and respond to operational funding demands, following a 25 billion won injection last year. Major life insurers are competing to establish long-term care subsidiaries as South Korea's population ages. However, the sector remains unprofitable—KB Golden Life Care reported a

According to Japan's central bank July meeting minutes, board members unanimously assessed financial conditions as accommodative. Several members noted consumer prices showed signs of rising, reflecting increased import costs, while others highlighted that businesses are passing higher raw material expenses downstream, keeping wholesale inflation elevated. Multiple board members observed that medium-to-long-term inflation expectations have risen among both households and companies.

According to Samsung Securities on September 28, the United States and China extended their trade agreement for two months and agreed to lower tariffs on $30 billion in non-sensitive goods following their summit on September 24. Despite the trade relief measures, Samsung Securities analyst Jeon Jong-kyu said the two nations will continue competing fiercely in artificial intelligence development, with no new restrictions on AI chip exports included in the agreement. The bank predicts China's semi

According to IBK Investment & Securities on September 28, Han-All BioPharm's autoimmune disease candidate IMVT-1402 was valued at 3.665 trillion Korean won, with impact from the halted lupus indication deemed limited. The therapy works by inhibiting neonatal Fc receptors to reduce immunoglobulin G in the body. Partner Immunovant discontinued lupus development after a 12-week proof-of-concept trial in 57 patients failed to meet its primary endpoint on September 23. Remaining indications under dev

Japan's corporate service price index rose to 3.7% year-on-year in August, up from 3.6% in July. The increase reflects a 0.1 percentage point gain in service sector pricing across the month.

Japan's corporate services price index rose 0.3% month-on-month in August, down from 0.4% in the previous month.

According to SoSoValue, U.S. spot Bitcoin ETFs saw net inflows of $2.39 billion in the week ending September 25, marking the largest weekly inflow since October 10, 2025. The previous week recorded net inflows of $6.21 million, a sharp contrast to this week's surge.