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
07:26
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Refine Stock Surges 50% in 50 Days Before Public Takeover Announcement, Raising Insider Trading Suspicions

According to Korea Exchange data, Refine, a Kosdaq-listed company, saw its stock price surge 50.7% between July 1 and August 14, 2026—approximately 50 days before its largest shareholder Realty Fine announced a public takeover bid on August 18. The stock climbed from 9,010 Korean won to 13,580 won during this period, with no material positive company news to justify the gains, prompting market suspicions of insider trading. Realty Fine subsequently purchased 5.199 million shares (30% of outstand
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07:25
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Donga Socio Holdings Completes Merger of Donga Pharma After 13 Years, Assets Reach 1.4 Trillion Won

According to E-Daily, Donga Socio Holdings completed the absorption merger of its 100% subsidiary Donga Pharma on October 1, marking a reunification into a single entity 13 years after being split in 2013. The surviving company, Donga Socio Holdings, changed its name to Donga Pharma, while the previous Donga Pharma entity was dissolved. As of June 30, combined total assets reached 1.4116 trillion won, up approximately 43% from Donga Socio Holdings' pre-merger assets of 985 billion won. The compa
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07:22
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Illinois Postpones Crypto Transaction Tax Plan This Week

Illinois has postponed consideration of a proposed tax on cryptocurrency transactions regardless of profit or loss. The measure would levy taxes based on transaction value rather than realized capital gains, departing from conventional U.S. tax treatment. The proposal faced significant industry opposition because it could create tax liability even when an investor sells assets below their purchase price. Existing federal and state tax obligations on digital assets remain in place, including capi
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07:22
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Ukraine's SkyFall Unveils Thor Hammer Attack Drone With 600km Range, Deployed on Front Lines on October 1

According to Yonhap News citing Ukrainian military media Militarny and United24 Media, the Ukrainian defense company SkyFall unveiled the Thor Hammer medium-range attack drone on October 1, with the system already deployed on the front lines. The drone operates in two models with maximum flight ranges of 350km and 600km respectively. It has a top speed of 180 km/h, can carry up to 50kg of payload, and uses artificial intelligence and computer vision technology for target tracking during the fina
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07:22
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U.S. Sunshine Protection Act Stalls in Senate; Trump Urges Permanent Daylight Time Before Nov 1

According to reports, the Sunshine Protection Act passed the U.S. House of Representatives on July 14 with bipartisan backing (308-117 votes), but remains stalled in the Senate due to a recess before the midterm elections. The bill aims to eliminate the twice-yearly clock adjustments and implement permanent daylight saving time. President Trump strongly supports the measure, stating on social media that switching clocks twice annually is "stupid, inconvenient, and costly," and arguing that perma
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07:20
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South Korean Biotech Stocks Fall on Profit-Taking; Peptron Down 9.12% on October 2

According to Korea Exchange, biotech stocks retreated sharply on October 2 after rallying the previous day, with profit-taking driving losses across the sector. Peptron declined 9.12% to 129,500 KRW, GI Innovation fell 7.55% to 8,820 KRW, and AlzNomics dropped 5.06% to 28,150 KRW. The pharmaceutical sector fell more than 2% overall, the steepest decline among Korean market segments. Analyst Lee Kyung-min of Daishin Securities attributed the selloff to "profit-taking pressure following yesterday'
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07:20
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Sangsangin Announces 1 Billion Won Share Buyback Plan on October 2

According to E-Daily, Sangsangin (KOSDAQ: 038540) announced on October 2 that it will repurchase 534,188 common shares for a total of 1 billion Korean won to enhance shareholder value and stabilize the stock price. The buyback will be conducted on the KOSDAQ market from October 6, 2026, through January 2, 2027, with NH Investment & Securities acting as the underwriting broker.
07:20
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South Korean Banks Launch IRP ETF Same-Day Trading, Cut Fees as Competition Heats Up

South Korea's major banks have launched same-day ETF trading on personal retirement accounts (IRP) and slashed fees to compete with securities firms. According to Financial Supervisory Service data, Kookmin Bank initiated the service in August, followed by Shinhan Bank on September 21. Shinhan waived fees for accounts with 100 million won or more, while Kookmin will exempt accounts with 50 million won or more starting next month. Hana and Woori banks plan similar launches by year-end. Despite na
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07:16
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UK PM Burnham Does Not Rule Out Early General Election in May 2027

According to i Paper, UK Prime Minister Burnham has not completely ruled out the possibility of calling an early general election in May 2027. Multiple sources close to the Prime Minister's office indicated that while Burnham publicly maintains he will not hold an early election, the possibility remains open. Insiders suggested the timing could coincide with efforts to prevent right-wing forces from reunifying, and that the final decision may depend on market and public response to this month's
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07:15
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South Korean Individual Investors Shift $3.63 Billion From Stocks to Bonds in Q3, Money Market ETFs Surge

According to Korea Securities Depository data, in Q3 2026 individual investors shifted funds from U.S. equities to bonds, with net purchases of U.S. stocks dropping from $4.64 billion in July to $1.01 billion in September. Over the same period, net purchases of U.S. bonds increased from $889 million to $1.36 billion, driven by U.S. 10-year Treasury yields reaching 5.3%. Domestically, investors moved funds into money market ETFs. Samsung Asset Management's KODEX Money Market Active grew to approx
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07:13
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Nvidia Authorizes $150 Billion Buyback Increase This Week, Largest in Company History

Nvidia's board authorized a $150 billion increase to its share repurchase program this week, bringing the remaining authorization to $235 billion. According to the chipmaker, this represents the largest buyback increase in its history, with the program running through fiscal 2028, which ends in January 2028. The authorization reflects continued strong cash generation from demand for Nvidia's AI accelerators.
07:12
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QUICK Plummets 12.45% in 60 Minutes to $0.0109

QUICK fell 12.45% within 60 minutes, declining from $0.01245 to $0.0109, with trading volume reaching $651,192.55 over the past 24 hours. The asset recovered slightly, gaining 1.96% in the last 24 hours, though the sharp intraday drop has raised concerns about volatility among traders.