Gate Crypto Flash News and Market Updates

According to on-chain analyst EmberCN (cited by PANews), a 2015 Ethereum ICO participant transferred 13,330 ETH (approximately $36.37 million) to Coinbase 2 hours ago on October 5, nearly completing their exit of 170,000 ETH purchased at ICO. The whale sold their holdings at an average price of $1,137 per ETH, netting approximately $193 million in profit against an ICO cost basis of $0.311 per ETH—a 3,655x return. The address now holds 1,484 ETH (approximately $4.01 million).

According to Korea Exchange, over the past month as of October 2, DS Asset Management's 'DS KOSDAQ Active' ETF returned 28.59%, leading five KOSDAQ active ETFs, while TIME Portfolio's 'TIME KOSDAQ Active' returned 18.36%, creating a 10.23 percentage point performance gap. The divergence reflects differing investment strategies despite both tracking the same index. DS Asset Management concentrated holdings in semiconductor equipment and packaging firms, with Shim Tech (9.56%) and Sem C&S (6.18%)

According to Edaily, on October 2, Seoul Southern District Court approved injunctions against the Korea Exchange's delisting decisions based on market capitalization criteria. The court found that applying market cap thresholds as automatic delisting grounds without appeals or remediation opportunities violated companies' procedural rights. The ruling halted the liquidation trading of two companies previously scheduled for delisting and prompted other at-risk firms to pursue legal challenges. Cu

According to South Korean financial authorities, securities firms launched mandatory self-inspections by October 8 after AI-driven hacking attacks swept across the financial sector, targeting banks, savings banks, and capital companies. As of October 5, no data breaches have been confirmed within the securities industry. Regulators cited heightened risks for smaller securities firms due to limited cybersecurity staff and potential vulnerabilities during holiday periods. Authorities have ordered

According to HTX market data, SOL broke through the $120 level on October 5, currently trading at $120.06 with a 24-hour decline of 0.51%.

According to Odaily, a 2016 Ethereum early holder deposited 13,330 ETH to Coinbase approximately 2 hours ago, valued at around $36.37 million at a deposit price of $2,728.59. The address has an average cost basis of just $11.61 per ETH. If the transferred tokens are fully sold, the holder could realize profits exceeding $36.21 million, representing a return of approximately 23,402%.

According to PANews, Zhipu (02513.HK) stock surged over 5% intraday on October 5, with gains accelerating in afternoon trading on the Hong Kong Stock Exchange.

Taiwan's stock market surged 2.7% intraday on October 5, reaching a record high of 49,770.66 points. Semiconductor leader Taiwan Semiconductor Manufacturing Company (TSMC) rose 3.2% to also hit an intraday record high.

According to Japanese Cabinet Chief Secretary Makoto Kimura, Japan does not plan to further release crude oil from national reserves, having already done so recently. The statement comes after the Group of Seven agreed on Friday to release 100 million barrels of crude oil and diesel from emergency stockpiles.

Japan's Nikkei 225 index broke through 70,000 points during trading on October 5, reaching 70,072.13, up 2.58% from the previous close. This marks the first time the index surpassed the 70,000 level since July 6. The rally was driven by gains in the U.S. stock market, as weaker-than-expected U.S. employment data reduced expectations for near-term Federal Reserve rate hikes. AI and semiconductor-related stocks led Tokyo market gains.

According to Daishin Securities analysis, on September 30, Trump announced South Korea's strategic investment plan totaling up to $200 billion in U.S. projects, including eight nuclear reactors ($120 billion), a Texas gas-fired power plant ($22 billion), and Alaska LNG development ($50 billion). South Korean brokerage firms assessed the direct impact on domestic financial markets would be limited, as annual investment capacity of $20 billion represents only half of July's current account surplus

According to Edaily on October 5, An Yun-chul, head of Samsung Securities' pension division, called for reforming South Korea's retirement fund default option system. He recommended making investment-type products the default choice while allowing savers to opt for principal-guaranteed products. Currently, the default option primarily uses low-yield principal-guaranteed products, undermining the system's original intent to prevent retirement funds from stagnating. An also advised that retirement

According to South Korea's court statistics released on October 5, personal bankruptcy applications involving young adults in their 20s and 30s reached 50% of total filings in 2023. Personal bankruptcy applications surged to 81,723 cases in the first half of 2026, up 9,531 filings year-over-year, marking a record high. Forced real estate auction transfers in Seoul reached 3,854 properties through July 2026, a 44% surge compared to 2,677 properties in the same period last year, according to Supre

According to HSBC, the bank recently upgraded its price target for Marvell Technology from $325 to $450 per share, reflecting a 38% increase in valuation expectations for the semiconductor company.

According to Anthony Chan, Director of Investment Consulting at Mirae Asset Securities' Hong Kong unit, the firm launched MAPS on June 26, an investment platform enabling retail investors and high-net-worth individuals to trade stocks and digital assets in a single app. The platform offers access to U.S., Hong Kong, Korean, and Chinese equities alongside cryptocurrency trading. Mirae Asset Securities obtained a digital asset retail license from Hong Kong's Securities and Futures Commission in Ap

According to 9to5Mac, Apple confirmed that a limited number of iPhone 18 Pro Max users on AT&T's network experienced mobile service connectivity failures this week, rendering devices unable to place calls or use cellular data. Affected users must obtain device replacements to restore normal service. Apple released iOS 27.0.1 earlier this week and will deploy a carrier settings update to prevent the issue from affecting additional users. The carrier settings update will automatically download to

According to BlockBeats, Open Standard's OUSD stablecoin circulating supply reached approximately 663 million on October 5, with Tempo chain accounting for 71% of the total. Other major chains include Solana at 10%, Base at 10%, and Ethereum at 9%. OUSD maintains 100% reserve coverage with total reserves of 663 million, comprising approximately 588.2 million in U.S. Treasury securities and 78.03 million in cash reserves. Cumulative transfers on Tempo chain have reached 1.19 billion.

On September 28, China's Ministry of State Security published a warning linking cryptocurrency to money laundering, ransomware payments, and foreign espionage activities. The ministry said foreign intelligence agencies tell recruits that crypto is hard to trace when sending spy funds, a claim it rejected because every blockchain transaction is permanently recorded on a public ledger. The ministry stated that wallet addresses can be matched with IP and device data logged by trading platforms to i

OpenAI disclosed further incidents involving Australian government-linked systems on Friday, October 3, including NSW bushfire data and Medicare platforms. The company discovered the NSW incident on September 29 and notified the state government two days later. Additional unauthorized access or interactions also affected systems related to NSW crime statistics, Victorian health reporting, and the Australian Institute of Health and Welfare. OpenAI said it is spending more than US$500,000 daily re

According to Bloomberg, Singapore Exchange (SGX) shares have tumbled 19% since reaching a record high on August 26, erasing approximately $4.2 billion in market value, as concerns over valuation intensify. Citi downgraded its price target to 17.70 Singapore dollars on October 2, implying a further 16% downside, and maintained a "sell" rating while flagging the stock for 90-day negative catalysts review. JPMorgan downgraded to "neutral" last week, and Macquarie downgraded to "underperform" in mid