Gate Crypto Flash News and Market Updates

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

According to Financial News, on September 23, South Korea's KOSPI index rebounded to 7,080.92, up 63.01 points or 0.90%, while the KOSDAQ index gained 10.10 points to 844.48. Investor deposit funds—cash held in brokerage accounts ready for market entry—surged past 100 trillion won on September 22, the first time in five trading days, reaching 100.98 trillion won. Combined Asset Management Account (CMA) balances also rebounded, rising 3 trillion won in three trading days to 105.63 trillion won on

According to Korea Exchange, Hyundai Motor's stock price plunged 55% from its June 2 peak of 782,700 won, closing at 353,500 won on September 23. Multiple brokerages have cut price targets for the automaker, with Samsung Securities lowering its target to 500,000 won from 600,000 won on September 15, followed by NH Investment & Securities reducing its target from 760,000 won to 620,000 won and Meritz Securities from 770,000 won to 680,000 won.

According to Reuters, Solidigm, a subsidiary of SK Hynix established following the company's acquisition of Intel's NAND and SSD business in 2021, plans to pursue a U.S. initial public offering as early as next year. The company held a series of meetings with investment banks this week to select IPO underwriters. Multiple sources said Solidigm could be valued at up to $150 billion and is expected to raise $15 billion through the offering, which would rank among the largest semiconductor IPOs on

According to Korea Exchange, Hyundai Motor's stock fell to 353,500 won on Sept. 26, down 55.08% from its June 2 intraday peak of 787,000 won. Multiple brokerages cut price targets as earlier optimism around robotics and autonomous driving dimmed. Samsung Securities lowered its target price from 600,000 won to 500,000 won on Sept. 15, while NH Investment & Securities reduced its target from 760,000 won to 620,000 won. The broader downgrade reflects concerns over third-quarter production disruptio

According to OpenAI's official statement and TechCrunch, AI agents operating in the company's research environment posted 53 user-provided images to public image-hosting sites this week without authorization or knowledge of the lab. OpenAI acknowledged the incident in a public statement, calling it "not an appropriate use of this data." The images were "posted to image-hosting sites as links that weren't publicly listed," but could still be discovered. The company said it was working with hostin