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
07:30
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DIG Ventures Closes $120M Fund III for AI Infrastructure Startups

DIG Ventures recently announced the close of its third fund with $120 million in commitments. The fund, backed by Horsley Bridge, Sofina, Granite, and a leading U.S. university endowment, will invest in pre-seed and seed-stage AI-native enterprise software and cloud infrastructure startups. Investment focus areas include data, identity, compliance, and orchestration infrastructure supporting AI-native software development. The fund plans to lead most investment rounds and has begun deploying cap
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07:27
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Korea's Digital Assets Law Praised as Global Advantage Amid Flexible Regulation Approach at KBW2026

According to Financial News, experts speaking at Korea Blockchain Week 2026 on October 1 in Seoul praised South Korea's upcoming Digital Assets Law for elegantly connecting regulation with technology innovation. Sunaina Tuteja, former Chief Innovation Officer of the U.S. Federal Reserve, stated that the regulatory framework will provide South Korea with global market advantages, while emphasizing that regulators should adopt a "perpetual beta" mindset by continuously updating rules rather than w
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07:27
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South Korea's Top Brokerages Show 95% Buy Bias Even as KOSPI Plummets 22% in July

According to data submitted to Rep. Ahn Cheol-soo's office by Korea Financial Investment Association, South Korea's 10 major brokerages maintained a 95.2% average buy rating in July 2026 despite KOSPI's 22% monthly collapse and four circuit breaker halts. Nine of the 10 firms issued zero sell ratings; only Kiwoom Securities offered any sell recommendation at 1%. The pattern diverges sharply from foreign brokerages operating in Seoul. Macquarie Securities and Merrill Lynch distributed recommendat
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07:26
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Korea Finance Holding Receives 1.8 Trillion Won in Orders for 250B Won Bond Issuance

According to Yonhapnews, Korea Finance Holding, the parent company of Korea Investment Securities, received 1.8 trillion won in orders today (October 1) for a 250 billion won unsecured bond issue, representing a 7-fold oversubscription. The company's 2-year bonds attracted 905 billion won in demand against a 130 billion won offering, while 3-year bonds drew 935 billion won against 120 billion won allocated. Korea Finance Holding plans to use the proceeds to repay 300 billion won in commercial pa
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07:26
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South Korea's High-Dividend Index Underperforms Broader Market, Stocks Yield Up to 8.69%

According to the Korea Exchange, the KOSPI High Dividend 50 Index rose 2.6% from July 31 to September 30, trailing the broader KOSPI's 3.7% gain over the same period. The KOSPI 200 Financial High Dividend Top 10 Index, meanwhile, declined 0.14%. Among sectors, securities and financial stocks are among the most attractive dividend payers heading into October. According to financial data provider F&Guide, Korea District Heating Corporation offers the highest projected dividend yield at 8.69%, foll
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07:26
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RWA Success Requires User-Focused Design, Not Just On-Chain Migration, Says Plume Network CEO at Seoul Summit

According to Chris In, Plume Network co-founder and CEO, speaking on October 1 at the 2026 e-daily STO Summit at Seoul's Korea Exchange, real-world asset (RWA) market success requires matching products to user needs and distribution strategies, not simply migrating existing financial products to blockchain. "Most projects put existing products on-chain and hope they work, but that is not how it functions," In said. "You must design products around actual users and distribution pathways to create
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PLUME11.50%
07:23
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South Korea's Household Loans Decline for First Time in Six Months; Corporate Loans Surpass 200 Trillion Won

According to Yonhapinfomax, household loan balances at South Korea's five major banks declined for the first time in six months as of late September 2026, with individual credit loans falling by 1.34 trillion won. The decrease was driven primarily by reduced demand for credit-based lending, which had surged in prior months fueled by stock investment activity. In contrast, corporate lending accelerated sharply, with large enterprise loan balances surpassing 200 trillion won for the first time, re
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07:21
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Polish FM Criticizes Trump's Invitation to Putin for G20 Summit on October 1

According to Jin10, Polish Foreign Minister Radoslaw Sikorski criticized President Trump's invitation to Russian President Putin to attend this year's G20 summit in Atlanta on October 1. Sikorski stated that as long as Putin continues to wage an aggressive war, he should not be treated as a welcome guest. He said Trump's move "regrettably helps Putin escape isolation."
07:21
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Korea Exchange Holds 2026 Healthy Stock Market Forum on Oct 1, Discusses Market Management Amid Volatility

According to the Korea Exchange, the bourse held the 2026 Healthy Stock Market Forum on October 1 at its Seoul headquarters to address market management and investor protection amid capital market volatility and technological change. The forum, titled "Rational Market Management and Investor Protection in a Changing Stock Market Environment," drew around 160 officials from academia, law, financial investment, and regulatory agencies. The Healthy Stock Market Forum, hosted annually by the Exchang
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07:21
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South Korea's IPO Market Halves Through Q3, Q4 Recovery Expected as Large Unicorns Prepare Listings

According to data compiled by IR Kudus, as of September 30, South Korea's IPO market saw new listings drop 40% year-over-year to 33 companies through the third quarter of 2026, with total fundraising declining 52.1% to 1.63 trillion Korean won. Notably, Kospi listings fell to just one company versus six in the same period of 2025, reflecting the absence of large-cap deals. The financial industry expects Q4 recovery driven by pre-regulation IPOs ahead of November's new institutional reforms and c
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07:21
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Korean Won Weakens to 1,358.4 per Dollar on October 1, Up 5.6 Won as US Growth Data Supports Rate Durability

According to Yonhapnews, on October 1, the Korean won weakened to 1,358.4 per US dollar as of 3:30 PM in Seoul, up 5.6 won from 1,352.8 won the previous day. The decline was driven by strong U.S. economic data and growing expectations that high interest rates will persist longer than anticipated. U.S. second-quarter GDP growth was revised upward to 2.2% annualized, while August personal consumption expenditures rose 3.4%, both signaling durable economic momentum despite elevated borrowing costs.
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07:20
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South Korea's KEPCO Engineering Stock Rises 2.61% on U.S. Nuclear Framework Agreement

According to the Ministry of Trade, Industry and Energy, on October 1, KEPCO Engineering & Construction's stock rose 2.61% to 125,800 Korean won following South Korea and the U.S. agreement on a nuclear framework deal. Under the framework, the two countries will invest up to $120 billion from a $200 billion bilateral fund to construct eight large reactors in the U.S., comprising two Korean APR1400 units and six Westinghouse AP1000 units. The agreement resolves a key obstacle in Korean nuclear ex
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07:19
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Two Explosions Reported Overnight in Addis Ababa, Ethiopia

Two explosions were reported overnight in Ethiopia's capital Addis Ababa on September 30, according to diplomats familiar with the situation. One blast occurred near the 4 Kilo district in the city center, while another was reported near the headquarters of the Ethiopian National Defense Force. In response, the National Intelligence and Security Agency announced Wednesday evening that the government has suspended all drone flight permits in the capital and surrounding areas to protect national l
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07:17
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BOJ September Minutes Do Not Signal Consecutive Rate Hikes; OIS Markets Price 20% October Rate Increase Probability

According to Jin10 data on October 1, Bank of Japan's September meeting summary did not display dovish enough views to support some investors' expectations of consecutive rate hikes, according to Yoshimasa Maruyama, economist at Sumitomo Mitsui DS Securities. Regarding financial conditions as a key factor in rate decisions, there are views emphasizing corporate behavior and asset prices, suggesting the BOJ may not need to rely excessively on benchmark rate levels when deciding on further hikes.
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07:16
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Apollo Global Management to Provide $15B Financing for Japan AI Infrastructure Project

According to ChainCatcher, Apollo Global Management will provide $15 billion in financing support for a major AI infrastructure project in Japan. Apollo will serve as a strategic investment and financing partner alongside British developer RHAELM Holdings, Japan's largest power company Jera, and Dell Technologies. The project aims to build infrastructure to support AI computing demand.