Gate Crypto Flash News and Market Updates

According to Energy Secretary Sharon Garin, fuel prices in the Philippines will decrease starting September 29, with gasoline rolling back by P0.24 per liter, diesel by P7.57 per liter, and kerosene by P5.85 per liter. President Ferdinand Marcos Jr. also suspended excise taxes on liquefied petroleum gas and kerosene for up to three months to further ease consumer costs.

According to The Financial Times survey using AlphaSense data, U.S. enterprises mentioned open-source or open-weight models approximately 6 times more frequently in their earnings calls and investor meetings during August and September compared to the same period last year. Tinder's annual AI spending increased from approximately $1 million in January to $10 million by July, with the company now routing routine requests to open-weight models. AT&T reported that roughly 40% of its AI tasks curren

According to Yonhapnews, South Korea's KOSPI index closed down 191.18 points at 6889.74 today, marking a 2.70% decline.

According to News1, South Korea's KOSPI index fell 191.17 points (down 2.70%) to close at 6,889.75 today (September 28).

According to News1, South Korea's KOSDAQ index (benchmark equity index) closed up 2.10 points, or 0.25%, at 846.58 on September 28.

According to South Korea's Financial Supervisory Service and Democratic Party lawmakers, a seminar held on September 28 in Seoul identified critical gaps in real-world asset (RWA) tokenization following the codification of security token offerings (STO). Global on-chain RWA balances reached $38.17 billion, with tokenized U.S. Treasury securities accounting for $16.2 billion of that total, speakers noted. Kim Tae-rim, chief attorney at Axis Law Office, highlighted that while domestic legislation

According to BIT (bit.com) market data, on September 28, U.S. stock index futures declined across the board, with Nasdaq 100 index futures down 1%, S&P 500 index futures down 0.44%, and Dow Jones index futures down 0.4%. Spot gold fell below $4,170 per ounce, declining over 2.6% intraday, according to Bitget data.

According to U.S. Treasury Secretary Scott Bessent, the United States and China agreed on September 25 to extend their trade ceasefire agreement from November 2026 through January 10, 2027. The original agreement, signed at a meeting in Busan, South Korea, included U.S. tariff reductions and Chinese constraints on rare earth and critical mineral exports. The two-month extension fell short of market expectations for a potential six-month renewal. Senior adviser Scott Kennedy from the Center for S

According to Jin10, Australia's S&P/ASX200 index rose 0.2% on Monday (Sep 28) as investors awaited the Reserve Bank of Australia's widely expected rate decision on Tuesday. Financial stocks led the advance. KCM Trade's chief market analyst Tim Waterer noted the market focus will shift to whether the RBA signals further policy tightening, with more hawkish signals potentially pressuring rate-sensitive sectors.

According to Jin10 Futures, on September 28 as of 14:30, the CNEX money market sentiment index stood at 48, unchanged from 10:15. Large banks, mid-sized banks, and non-bank institutions each reported readings of 45, 48, and 50 respectively, also holding steady. The index operates on a scale of 0 to 100, where 50 indicates equilibrium and readings above 50 reflect money market tightness.

According to Circle's SEC filing on September 28, co-founder P. Sean Neville resigned from the board effective immediately due to personal reasons, reducing the board size from 8 to 7 members. Chief Financial Officer Jeremy Fox-Geen also notified the company of his intention to step down and will remain in position through the end of 2026 to assist with the transition. Circle said both departures are unrelated to any disagreement with the company's operations, policies, or practices.

According to blockchain investigator Wazz on September 27, 53 token launches on Robinhood Chain were linked to a coordinated rug-pull operation that extracted at least $18.43 million over roughly two months. Of the 53 launches, 45 were directly connected through onchain fund flows, with money repeatedly transferred within seconds between wallets funding successive tokens. Four additional launches shared the same private key, while another four used a common collector wallet. The operations used

According to Financial News, South Korea's first unified investor relations event Korea Premium Week 2026 launched today (September 28) with participation from 42 financial institutions and 55 listed companies. The three-week event, running through October 16, will feature approximately 25 events designed to showcase the Korean capital market to global investors and address the structural 'Korea discount' through market reforms. Participants include Japan's Financial Services Agency chief, Goldm

According to the SEC's Division of Corporation Finance, the agency issued nine frequently asked questions (FAQs) on September 25 regarding the classification of crypto assets. Staff said token buybacks do not, on their own, make a crypto asset a security when the underlying network is already functional. The guidance builds on the SEC and CFTC's March interpretive release, which designated Bitcoin, Ether, Solana and XRP as digital commodities. Staff clarified that buybacks pitched as yield or re

According to F&Guide consensus data, Korean Air's third-quarter operating profit reached 313.1 billion won on September 28, nearly doubling year-over-year from 157.5 billion won in the same period last year. Cargo operations drove the results, with freight rates rising 39% and cargo revenue jumping 41.6% to 1.51 trillion won, as high-value Korean exports including semiconductor equipment and cosmetics surged demand for air transport. International passenger fares also climbed 18% quarter-over-qu

TotalEnergies confirmed it will allocate 40% of cash flow to shareholder returns while pursuing deleveraging, with net debt expected to fall below 10% by end-2026. The energy company set oil and gas production growth targets of 2-3% annually for 2030-2035, while planning to increase renewable power generation by 10-12 terawatt-hours yearly over the same period. The company aims for renewables to represent 25% of its energy portfolio by 2035.

TotalEnergies announced targets to increase energy production by 4% annually through 2030, with free cash flow expected to grow by $10 billion through 2030 (based on constant oil price assumptions). The company plans share buybacks of $2.5 billion in Q4 2026 and $2.0–2.5 billion in Q1 2027, with net debt expected to fall below 10% by end-2026. The board committed to increasing annual dividends by over 5% through 2030.

According to The Block, Zano network was attacked via a Gateway Address vulnerability recently, resulting in unauthorized minting of ZANO and fUSD tokens that were released to the market. The team initiated an emergency blockchain restart to contain the impact. The Zano team is actively negotiating compensation with affected projects and counterparties, and plans to announce formal compensation and claim procedures in the coming weeks.

According to Odaily, a whale transferred 1.37 million UNI tokens to Wintermute's hot wallet today around 11 UTC, with the transaction worth approximately $12.83 million. The tokens were withdrawn from Coinbase Prime and reached Wintermute within about 5 minutes, suggesting an over-the-counter liquidation.

According to ChainCatcher, Baola, a social Meme trading platform backed by Gate Ventures, has entered closed beta testing. The platform aggregates trending shouts, KOL updates, on-chain trading data, and community interactions. Users can track caller performance, token mentions, and market pivots, while discovering active market participants through KOL leaderboards and Callout rankings. Baola aims to connect social commentary with Meme trading participation.