Gate Crypto Flash News and Market Updates

On September 29, South Korea's Financial Services Commission Chair Lee Uck-won met with Bob McCooey, Nasdaq vice chair; Timothy Cuddihy, DTCC chief risk officer; and Eugene Yau, Hong Kong Exchanges and Clearing executive director, to discuss tokenized securities development and settlement cycle shortening initiatives. The U.S. DTCC projected tokenized securities as a core future industry for global capital markets, noting Korea's electronic securities law takes effect in February 2027. The DTCC

According to the Financial Investment Association, ISA (Individual Savings Account) subscriptions in South Korea surpassed 10 million users as of August 29, 2026, nearly 10.5 years after the program's launch in March 2016. The total deposits reached 76.5 trillion Korean won. With South Korea's adult population at approximately 44.07 million, this represents 22.7% penetration. The rapid growth accelerated this year, with subscriptions jumping from 8 million in January to 10 million in just seven

According to ChainCatcher and Onchain Lens, a whale swapped 20,040 stETH for approximately 20,000 ETH worth $54.69 million via 1inch today. Minutes later, the whale transferred the 20,000 ETH to Bitget, valued at approximately $54.66 million.

According to ChainCatcher citing on-chain analyst Yujin, a newly created address withdrew 14,800 ETH worth $39.73 million from Binance and OKX in the past 9 hours.

According to Bloomberg, on September 29, Adam Back's Bitcoin ventures encountered significant difficulties. BSTR Holdings' planned merger with Cantor Fitzgerald's SPAC was terminated, requiring BSTR to pay a $15 million breakup fee. Additionally, Blockstream's Liquid Network sidechain suffered a security breach, with approximately 4,000 BTC stolen; 3,400 BTC were recovered, though the hacker retains roughly $47 million in Bitcoin.

According to Zcash developers and Sean Bowe, the Udon component was released on Monday, incorporating part of the Tachyon scaling upgrade code into Zakura Common, a cryptographic library shared by Zcash projects. Zakura Common handles the cryptographic computations required to create and verify privacy transactions. The integration brings scalability features from the proposed Tachyon upgrade into already-optimized code; prior improvements to Common reduced privacy transaction creation time from

According to Smartkarma, OKURA HOLDINGS (01655) reported full-year profit attributable to shareholders of ¥17.17 billion for the year ended June 30, 2026, up 27.94% year-over-year. Revenue reached ¥6.68 billion, up 4.44% YoY, with earnings per share of ¥2.64.

According to CNBC, Polymarket has appointed Lisa Mantil, a former Goldman Sachs partner of nearly 30 years, as head of institutional business growth, effective today (Sept 29). Mantil previously led the ETF Accelerator platform at Goldman Sachs, which helps clients launch investment products. The appointment supports Polymarket's expansion into institutional markets following the launch of its U.S. exchange in May.

Citi and Coinbase launched a stablecoin payment partnership today, enabling Citi business clients to accept stablecoin payments without directly handling cryptocurrency. Under the arrangement, Coinbase automatically converts stablecoins to dollars behind the scenes, with funds deposited through Citi's standard banking channels. The system works bidirectionally: Citi customers receive dollars while Coinbase users receive stablecoins, with conversion occurring transparently. According to the annou

According to ChainCatcher, the European Central Bank (ECB) announced on September 29 the launch of a new digital euro innovation platform, inviting fintech companies and payment institutions to explore AI-powered payments. Actual testing will run from January to June 2027, with participants developing prototypes for e-receipts, multi-party transactions, and conditional payments. The ECB has selected 36 banks and payment providers, including Revolut, Stripe, and Deutsche Bank, to participate in a

According to Anthropic, the company just rolled out Claude Sonnet 5.5 today, a 30% faster mid-tier model that rivals Opus performance at half the price, scoring 56 on Artificial Analyst's Intelligence Index. Sonnet 5.5 maintains its predecessor's pricing while delivering major gains in knowledge work and coding. The model scores near Opus 5.5 on office-work benchmarks and leads both Opus and competing models on several development tasks, with cost per job running up to 30% lower than the prior S

Oracle announced on September 29 the launch of Oracle Fusion Claw, a governed agentic execution runtime for Oracle Fusion Agentic Applications designed to automate complex business work. The company added 25 new Claw-powered agentic applications, bringing its total to 75 across finance, human resources, supply chain, and sales. The software runs on Oracle Cloud Infrastructure and supports frontier models including Google Gemini and OpenAI. Oracle said it includes governance controls such as appr

According to Shanghai Gold Exchange, on the evening session opening of September 29, gold T+D fell 1.12% to 897.15 yuan/gram, while silver T+D rose 0.18% to 14,818 yuan/kilogram.

According to China's National Climate Center, El Niño continues to intensify and will form the strongest super El Niño event on record, impacting global and domestic climate in autumn and winter 2026 and spring and summer 2027. Sea surface temperatures in the equatorial Eastern Pacific are forecast to show an upward trend, with the index peak expected around November at 3.2–3.5°C.

According to Yonhapnews TV, South Korea's KOSPI index fell for a second consecutive day on September 29, weighed down by a surge in U.S. Treasury yields and elevated oil prices. The benchmark 10-year U.S. Treasury yield climbed to 5.24%, marking its highest level since June 2007, after U.S. President Donald Trump rejected a proposed seven-day ceasefire between the U.S. and Iran. Foreign investors sold net 3 trillion Korean won worth of stocks, while Samsung Electronics and SK Hynix narrowed loss

According to Wintermute's over-the-counter desk report, retail clients sold bitcoin and shifted funds toward altcoins last week. The trading firm noted that market breadth has expanded to levels where historical periods subsequent to such activity show a flat or declining trend over 80% of the time, excluding early cycle phases.

South Korea's Financial Supervisory Service (FSS) chief met with 23 securities company CEOs on September 29 to urge greater profit-sharing and social contribution. The FSS noted that while 37 domestic securities firms posted combined net profits of 8.6 trillion won in the first half of 2026—nearly matching full-year 2025 results—many retail investors faced losses. The regulator highlighted the disparity: securities firms contributed only 50 billion won to social causes versus 2.2 trillion won fr

According to Barclays, T-Mobile (TMUS) and Comcast (CMCSA) shares edged lower on Tuesday, September 29, after the investment bank cut its price targets on both telecommunications companies. Barclays lowered T-Mobile's price target to $200 from $215 while maintaining an 'Overweight' rating, and cut Comcast's price target to $24 from $26 while retaining an 'Equal Weight' rating. Both stocks declined around 0.2% in pre-market trade. Barclays cited concerns that upside from the companies' third-quar

According to Odaily, Bitcoin rose over 40% this quarter and touched $82,500 on Monday before rebounding to around $84,000. Fidelity Investments global macro research head Jurrien Timmer said the breakout above $80,000 triggered a "double bottom" pattern; if Bitcoin confirms a breakthrough above the key resistance at $82,800, the technical target could point to $100,000. Deribit data showed bullish sentiment, with $24.5 billion in open interest for $90,000 call options, $23.3 billion for $95,000

According to Bitcoin Treasuries, The Smarter Web Company has launched its Bitcoin-backed preferred stock MORE for institutional and retail investors, with listing on the London Stock Exchange main board scheduled for October 14. The initial issuance price is set at 90 pounds, approximately $119, with an annual dividend yield of 12% payable weekly.