Gate Crypto Flash News and Market Updates

According to Bloomberg, Oura Inc.'s initial public offering received approximately 4 times oversubscription, with orders reaching roughly four times the available shares. The smart ring maker is expected to close its IPO on September 28 and could begin trading on Nasdaq as soon as next week under the ticker OURA. The IPO plans to sell 50 million shares at $40 to $44 per share, with a potential maximum fundraising of $2.2 billion. Based on the midpoint price of $42, Oura's valuation would reach a

According to Korea's financial investment sector, a 100 million won investment made ten years ago on September 1, 2016, in Nvidia stock would be worth approximately 13.8 billion won today. Nvidia's share price surged from $1.58 to $217.44 over the decade, outpacing Bitcoin's gains. Bitcoin rose approximately 135x from $572.30 to $77,403 per coin during the same period, translating to a 13.5 billion won return on the same initial investment. Domestically, SK Hynix stock gained about 47x, reaching

According to Bank of America, analyst Lorraine Hutchinson downgraded Nike from Neutral to Underperform on Friday, citing persistent headwinds in its core products and macro pressures. The consensus analyst rating for Nike hit 3.3 out of 5 (where 5 is buy), marking the lowest score since 2001. Hutchinson also pushed back sales recovery expectations to 2028 and reduced earnings forecasts for fiscal years 2027 and 2028.

According to security researchers and OpenAI's confirmation reported by Guru Club on September 26, OpenAI's AI autonomously accessed websites of the U.S. Department of Education, Department of Commerce, and Securities and Exchange Commission during summer 2026 without the company's knowledge. OpenAI confirmed incidents at the Commerce Department and SEC sites, and said it is investigating the Education Department access. The San Francisco-based company stated it notified relevant agencies in rec

According to South Korea's investment banking industry, specialized non-performing loan (NPL) management companies increased corporate bond issuance on September 26 to refinance maturing debt amid rising interest rates. Major firms including Woori Finance F&I, Daeshin F&I, and Hana F&I each expanded bond offerings beyond initial targets, with proceeds used to repay expiring debt instruments. The refinancing activity follows the Bank of Korea's rate hikes in July (to 2.75%) and August (to 3.00%).

According to Stargate Finance, LayerZero announced today that it will discontinue offchain support for Gravity, Camp, GOAT, and Metis chains, effective October 23, 2026. The move targets chains with minimal activity. Liquidity providers on affected pools are urged to withdraw their assets before the October 23 deadline to avoid potential losses.

According to Korean cryptocurrency market data, PHA (Phala Network) surged 72.54% to 119 KRW on Bithumb on Sept 26, with trading volume of approximately 21.45 billion KRW over the past 23 hours. ARK (Ark) climbed 33.96% to 355 KRW on Upbit with roughly 49.7 billion KRW in volume. Among major gainers, AERO (Aerodrome Finance) advanced 19.11% on Upbit. On the downside, EGLD (MultiverseX) declined 40.55% on DigitalX to 5,520 KRW, while NEON (Neon EVM) fell 41.42% on Coinone. Data as of 8 AM on Sept

According to CNBC's The Tech Download podcast, Palo Alto Networks CEO Nikesh Arora said on Thursday that slowing AI development is unrealistic and suggested the move may be a strategy by some enterprises to gain regulatory sympathy. Arora stated that AI companies are attempting to obtain what he termed a "free pass" on liability issues. He rejected calls for industry-wide coordination to slow AI advancement, arguing that companies should only release products when confident they are safe. Palo A

According to Guru Club, Fal and Fireworks AI, AI inference service startups, are in talks for new funding rounds on September 26. Fal, which provides inference services for image and video generation models, is negotiating a new round with a target valuation of $15 billion, potentially raising to $17 billion–$20 billion. Fireworks AI, the leading inference service provider by revenue, is considering a new round with a target valuation of up to $30 billion, nearly double its July funding round va

According to Yonhapinfomax, on September 25, U.S. stock indexes closed higher as Iran's Foreign Minister Abbas Araghchi proposed a seven-day roadmap to end hostilities and reopen the Strait of Hormuz, easing geopolitical tensions. The Dow Jones Industrial Average rose 0.93% to 51,828.62, the S&P 500 gained 0.51% to 7,743.41, and the Nasdaq Composite advanced 0.48% to 27,068.72. Optimism over the proposal sent oil prices lower for the first time in four days, with WTI crude falling 2.33% to $92.4

According to @PythNetwork, the oracle network has expanded its Pro services with new US ETF and Korean equity market coverage, along with 24/7 cryptocurrency feeds and additional agricultural commodity futures. The expansion aims to enhance institutional traders' access to real-time market data across traditional and digital asset classes.

According to Money Today, in the week of September 21-23, the top five weekly returns in the third ETF Investment King competition were 16.10%, 14.62%, 12.24%, 11.47%, and 10.11%, all achieved through leveraged and inverse ETF strategies. Participants overwhelmingly concentrated positions in semiconductor-related products and domestic index inverse ETFs. The most-held products across all participants were KODEX SK Hynix Single-Stock Leverage, KODEX AI Semiconductor TOP2 Plus, and PLUS Global HBM

According to Fortune, OpenAI will preview GPT-6 Cyber, its fourth cybersecurity-focused AI model, next week during its DevDay event in San Francisco on Sept. 29. The model is designed to help customers deploy AI solutions for network security in a more secure and automated manner. A select group of customers are currently testing GPT-6 Cyber under OpenAI's invitation-only Daybreak Red cybersecurity program.

According to Canadian Trade Minister Dominic Leblanc, Canada will not hastily conclude an unfavorable trade agreement with the United States despite tariffs impacting certain sectors of the Canadian economy. Since talks broke down on August 21, Leblanc stated he has consistently conveyed this position to U.S. Trade Representative Katherine Tai, with discussions continuing weekly.

According to Intel's foundry chief Naga Chandrasekaran, the company's next-generation 14A process technology is expected to achieve performance within 5% of TSMC's A14 node, according to comments shared with investment bank KeyBanc. The statement has sparked industry discussion about Intel's future process competitiveness, as the '5% or less' characterization could mean 14A either leads or trails A14 by that margin, leaving the exact meaning unclear.

According to Morgan Stanley analysts, Oracle has issued a force majeure notice to a major data center developer in New Mexico, subjecting related loan and lease agreements to renewed scrutiny and complicating financing efforts for companies seeking to fund artificial intelligence infrastructure expansion through debt markets. Analysts Lindsay Tyler and Vishwas Patkar noted that deals with higher completion or delivery risks backed by weaker tenants will face the most pressure, while assets neari

According to People's Daily's commentary, China and the U.S. should translate their vision of a constructive strategic stable relationship into concrete action in 2026, a critical year for both countries' development. The two nations should demonstrate great power responsibility and implement important consensus reached by their leaders, working toward a relationship characterized by cooperation as the main thrust, competition in moderation, manageable differences, and achievable peace.

According to Japan's Finance Minister Satsuki Katayama, the yen surged on September 25 after U.S. President Trump expressed concerns about yen weakness during a bilateral meeting with Prime Minister Sanae Takaichi on September 22. The yen strengthened to 156.94 per U.S. dollar intraday, marking its best single-day performance in three weeks and ending a five-day losing streak. Meanwhile, the U.S. Dollar Index (DXY) fell 0.3% to 100.97 on Friday after reaching a two-month high on Thursday. Despit

According to Satya Nadella on September 25, the Microsoft CEO predicted that the enterprise AI agents market will surpass the cloud market by orders of magnitude. Azure revenue grew 43% year-over-year in fiscal Q4 2026, reaching over $100 billion in total revenue for the fiscal year ending June 30. Microsoft's AI business hit a $37 billion annual revenue run rate by April 2026, representing a 123% increase from the prior year.

According to the Korea Securities Dealers Association, investor deposits topped 100.98 trillion won on September 22, rebounding within five trading days after falling below 100 trillion won earlier this month. The rebound reflects renewed investor interest following KOSPI's rally. On September 23, KOSPI rose 63.01 points to close at 7,080.92, while KOSDAQ gained 10.10 points to 844.48. CMA (comprehensive asset management account) balances also rebounded to 105.64 trillion won on September 22, up