Gate Crypto Flash News and Market Updates

According to officials, Vietnam's largest refinery will shut down for approximately 50 days starting in August 2027 for scheduled maintenance.

According to the African Union Commission, on October 2, the organization urged Ethiopia, Eritrea, and Egypt to exercise maximum restraint and refrain from actions or statements that could further escalate tensions and undermine regional peace and stability.

According to BlockBeats, Talus (US) surged over 60% on October 2, rising from an intraday low at 9:38 AM Beijing time to $0.037.

According to Bill Ackman, founder and CEO of Pershing Square, AI development has "significantly increased the risk of corporate disruption" in a recent interview on The Knowledge Project podcast. Ackman stated that some enterprises currently dominating their markets may eventually lose their competitive advantages and potentially disappear due to emerging technologies. He emphasized that investors must reassess how they evaluate corporate moats and competitive advantages, as AI's pace of technol

According to WuBlockchain, Fiserv has launched its digital asset platform with Roughrider Coin, a USD-backed stablecoin developed by the Bank of North Dakota, as the first use case. The platform provides access to over 90 banks and credit unions, marking a significant step in integrating stablecoins into mainstream banking.

According to Foresight News and monitoring by Lookonchain, Maven 11 sold 115,000 HYPE tokens a week ago at an average price of $93.84 per token, valued at approximately $10.79 million. With HYPE's price declining, Maven 11 bought back 40,000 HYPE tokens today at an average price of $89 per token, valued at approximately $3.56 million.

According to the Congressional Research Service (CRS) report released on September 30, U.S. banks engaging in crypto activities must meet two standards: whether the activity qualifies as or is ancillary to "banking business," and whether it affects bank safety and soundness. The report noted that the Senate version of the CLARITY Act proposes to authorize banks to conduct 11 categories of crypto-related business, differing from the House version in scope.

According to Jin10 Data, Sumitomo Mitsui DS Asset Management sold all French government bonds and reallocated funds to German debt and short-term Japanese government bonds on October 2, citing concerns over France's fiscal situation. Eurozone government bond risk premiums surged on Thursday, with French and Italian bond yield spreads widening significantly. Shinji Kunibe, chief investment portfolio manager of Sumitomo Mitsui DS's global fixed income team, stated: "French government bonds previou

According to South Korea's Ministry of Trade, Industry and Energy, exports reached $120.94 billion in September for the first time, with semiconductor shipments surging 262.8% year-over-year to exceed $60 billion. Semiconductors accounted for 49.9% of total exports. Cumulative exports from January through September totaled $814.5 billion, already surpassing last year's full-year record of $709.3 billion. The ministry forecasts South Korea will achieve its $1 trillion annual export target by Nove

According to BlockBeats, Bithumb will launch US won trading pair today (Oct 2).

According to BlockBeats, Walapay, a payments infrastructure platform, completed a $4.6 million seed funding round on October 2, led by Gen Venture Capital. Commerce Ventures, Polygon, AAF Management, Verda Ventures, NGC Ventures, FGV Capital, JSquare, Reflexive, and Big Brain VC also participated in the round. The company plans to use the proceeds to acquire additional licenses, expand banking partnerships, and grow its team.

According to Hong Kong Exchange filings, on September 30, Indigo Star (08373) experienced a custodial position shift, with total deposited market value reaching HKD 10.076 million, representing 21.91% of holdings. A company shareholder deposited 11.38 million shares into Ashton Capital Management, increasing the shareholding ratio by 21.78%.

According to Hong Kong Exchange filings, on September 30, Fiberhome Telecom (06869) saw a shareholder position transfer worth HKD 1.453 billion, representing 2.06% of total positions. The shareholder deposited 3.0965 million shares with HSBC and withdrew 4.17 million shares from Citibank. The company reported 2026 interim results with revenue of approximately RMB 9.809 billion (up 53.6% year-over-year) and net profit of RMB 2.9245 billion (up 889% year-over-year). Basic earnings per share reache

According to Hong Kong Stock Exchange data, shareholder of 5100 Tibet Glacier (01115) deposited 380 million shares into Huatai Hong Kong on September 30, increasing the shareholding ratio by 6.32%. The deposited shares had a total market value of 201 million Hong Kong dollars, accounting for 6.32% of total holdings. The company reported six-month interim results ending June 30, 2026, with revenue of 221 million RMB, up 31.2% year-over-year, and profit attributable to the company's shareholders o

On September 30, XMCN (02699) saw warehouse position changes totaling HK$10.02 million, representing 6.91% of holdings. The transfer involved 980,000 shares moved from Dahua Zhanxian (Hong Kong).

On September 30, PERFECTECH INTL (00765) shareholders deposited 41.6416 million shares into CITIC Securities Hong Kong broker, according to Hong Kong Stock Exchange records. The holdings position is valued at HK$7.028 million, accounting for 8.55% of total outstanding shares, with the shareholding ratio increasing by 8.49%.

According to Hong Kong Exchange data, Shandong Gold (01787) experienced a share transfer on September 30, with a total repositioned value of HK$614 million, representing 3.33% of the company. The company transferred 26.61 million shares to Citibank and transferred out 12.99 million shares from HSBC.

According to Hong Kong Exchanges and Clearing, Dajiao Huigu (08205) saw shareholding changes on September 30, with a total transfer value of HK$4.244 million, representing 7.94% of outstanding shares. The company's shareholders transferred 10.476 million shares from Guotai Junan (Hong Kong) to Yinglijian Securities. The company reported interim results showing revenue of RMB 23.084 million, down 35.08% year-over-year, and a net loss attributable to parent company of RMB 5.027 million, narrowing

According to Hong Kong Stock Exchange filings, on September 30, shareholders of Guminaing (01364) deposited 516 million shares into HSBC, with the overall position valued at HKD 16.416 billion, representing 31.50% of total holdings and increasing their shareholding by 22.08%.

According to Egypt's Pyramid Daily on October 2, Egypt ordered an official from the Ethiopian embassy in Cairo to leave within 48 hours, invoking the principle of reciprocity. This followed Ethiopia's decision on October 1 to declare an Egyptian diplomat as unwelcome and demand departure within 48 hours. Ethiopia's Foreign Ministry stated the action was based on the Vienna Convention on Diplomatic Relations, according to the Ethiopian News Agency.