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
14:51
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NetDragon Signs Memo with Jiuzhou to Establish JV, Invests 50M Yuan for 51% Stake, Issues 25M Warrants

According to Chituangshi Finance, NetDragon (00777) and Jiuzhou signed a binding memorandum on September 28 to establish and operate a joint venture group. NetDragon's subsidiary NetDragon BVI will invest Hong Kong dollar equivalent of 50 million yuan in cash to acquire 51% equity stake in the JV, while Jiuzhou retains 49% and contributes target IP and assets including Harness system business intellectual property. NetDragon will issue 25 million non-listed warrants to Jiuzhou or its designated
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14:46
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China ZGC Tech Leasing Signs 71.21M Yuan Asset Purchase Deal on Sept 28

China ZGC Tech Leasing (01601) entered into a purchase agreement and financing lease agreement on September 28, the company announced. Under the purchase agreement, the company will acquire leasing assets from Taiyuan Boiler Group for approximately 71.21 million yuan. The corresponding financing lease agreement with Inner Mongolia Beitung Yuan New Energy Technology stipulates a 60-month lease term with total rental payments of approximately 79.1 million yuan, comprising a financing lease princip
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14:46
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AMC CEO Adam Aron Calls Out Robinhood, Warns Against Defying SEC on Tokenized Stock Voting Rights

According to ChainCatcher, AMC CEO Adam Aron recently criticized Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher on X, accusing the trading platform of inconsistency. Robinhood had previously supported the SEC's position on U.S. stock tokenization, which calls for tokenized shares to retain voting rights with opt-out provisions for companies. Aron warned that failing to apply the same principle to overseas tokenized stock operations would be hypocritical, urging Robinhood not to d
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14:45
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UK FCA Recovers £851,402 in Crypto Scam Case, to Return Funds to 65 Victims

According to The Block, on September 28, the UK's Financial Conduct Authority obtained a court order requiring two individuals involved in a crypto investment scam to jointly repay £851,402, with the funds to be returned to affected investors. At least 65 victims suffered combined losses of £1.54 million from the scheme; the recovered amount represents approximately half of total losses.
14:43
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CryptoUK Announces Webinar on UK Stablecoin Regulation This Thursday

According to CryptoUK, the organization announced a webinar this Thursday focused on UK stablecoin regulations and their practical implications for firms. The discussion will extend beyond standard CARF and HMRC reporting requirements, providing insights into compliance and operational strategies as the UK's regulatory framework for stablecoins and decentralized finance evolves.
14:42
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Binance Alpha Launches Doppler Finance (XDP) with 1,666-Token Airdrop

Binance Alpha has launched Doppler Finance (XDP), according to Binance Wallet's announcement. Users holding at least 230 Binance Alpha points can claim 1,666 XDP tokens from the Alpha activity page on a first-come, first-served basis until the airdrop pool is depleted or the event ends. The point threshold automatically decreases by 5 every 5 minutes if the activity is ongoing. Claiming the airdrop consumes 15 Alpha points, and users must confirm their claim within 24 hours on the Alpha activity
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14:41
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Beimo Technology (06731) Prices Hong Kong IPO at HK$21.60, Public Tranche 208.56x Oversubscribed

According to Smart Finance, Beimo Technology (06731) announced IPO allocation results on September 28, pricing its global offering at HK$21.60 per share. The company offered 50 million H shares, with Hong Kong public offering accounting for 20% and international offering 80%. The Hong Kong public tranche received 208.56 times oversubscription, while the international tranche achieved 2.72 times. The global offering raised approximately HK$982.5 million. Trading of H shares is expected to commenc
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14:41
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BFB HEALTH Divests 100% Stake in Kinmen Services for 10,000 HKD on Sept 28

According to its official announcement on Sept 28, BFB HEALTH (00205) has entered into a share transfer agreement to sell its entire issued capital in Kinmen Services Limited for 10,000 HKD. Upon completion, Kinmen Services will no longer be a subsidiary of BFB HEALTH, and the financial results of the subsidiary will cease to be consolidated in the group's financial statements.
14:38
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UK Finance Minister John Healey Pledges Fiscal Discipline and Welfare Reform on September 28

According to The Guardian, UK Finance Minister John Healey outlined on September 28 the government's commitment to fiscal discipline, stating that controlling borrowing and maintaining fiscal buffers against uncertainty are essential to lowering inflation and rebuilding public trust. Speaking at the Labour Party annual conference in Liverpool, Healey emphasized that welfare benefits should serve as a bridge to employment and social participation for those able to work, not a trap, while the safe
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14:37
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Robotic Technology Prices Hong Kong IPO at HK$436 Per Share, Raises HK$4.961 Billion

According to Guzhan Finance, Robotic Technology (03757) today priced its Hong Kong IPO at HK$436 per share, raising HK$4.961 billion globally. The Hong Kong public offering was oversubscribed 8.65 times. The company is offering 11.876 million H shares, with Hong Kong public offering accounting for 10% and international offering 90%. Trading on the Hong Kong Stock Exchange is expected to commence on September 29 at 9:00 a.m. HKT. Each board lot consists of 50 shares.
14:36
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Tai Tele-Energy Group (00559) Reports HK$8.4M Loss for FY2026, Swing From Profit

According to SmartFinance, Tai Tele-Energy Group (00559) reported revenue of HK$31.183 million for the fiscal year ended June 30, 2026, down 8.39% year-over-year. The company posted a loss attributable to shareholders of HK$8.405 million, compared to a profit of HK$33.614 million in the prior year. Loss per share stood at 1.61 HK cents.