Gate Crypto Flash News and Market Updates

According to the Ministry of Economy and Finance, South Korea's government on September 30 decided to reduce government bond issuance using excess tax revenue boosted by the semiconductor industry's strong performance. The ministry expects tax revenue to increase by approximately 63.2 trillion won this year compared to projections made in March, with bond issuance cuts estimated at around 10 trillion won. Officials also plan to deploy emergency buyback measures if needed to stabilize markets.

According to Yonhapinfomax, Japan's Nikkei 225 index rose 915.03 points (1.40%) to 66,396.30 on Sept 30, driven by strength in U.S. semiconductor stocks. The TOPIX index gained 0.95% to 4,079.38. The rally was led by AI and semiconductor-related shares, with Tokyo Electron surging over 3% and Advantest also advancing. U.S. semiconductor stocks recovered overnight after earlier weakness, with the Philadelphia Semiconductor Index up 1.32%.

According to Indeed and Yahoo Finance, the U.S. labor force has declined approximately 700,000 this year, marking 2026 as only the second year since 1948 to see employment population contraction without recession. Job postings on the platform showed year-over-year growth turning positive for the first time since 2022, signaling early hiring intent, though experts cautioned the improvement may not translate into actual hiring decisions. Meanwhile, Glassdoor's survey data revealed worker confidenc

According to Calcalist, Israeli cybersecurity startup Rig Security announced a $12 million seed funding round led by Ten Eleven Ventures and Brightmind Partners, with CrowdStrike's Falcon Fund participating as a strategic investor. Founded in early 2025 by former Wiz employee Guy Kozliner, Rig Security provides an AI endpoint security platform that identifies and manages AI agent activity across cloud, on-premises, and identity systems.

The 2026 Financial Street Forum Annual Conference will be held in Beijing from October 19 to 22, jointly hosted by the Beijing Municipal Government and six national authorities including the People's Bank of China, the National Financial Supervision and Management Bureau, the China Securities Regulatory Commission, Xinhua News Agency, and the State Administration of Foreign Exchange, according to the State Council approval.

According to Shanghai Mysteel, on September 30, MMLC battery-grade lithium carbonate mid-price fell to 120,000 yuan per ton in morning trading, down 500 yuan per ton from the previous day's 4:30 PM closing level.

According to Bitcoinist, Verona launched verUSD, a dollar-denominated stablecoin, on September 28 with over $100 million in institutional launch commitments from investors including Animoca Ventures, Figment Capital, and others. The stablecoin is specifically designed for machine-to-machine and AI-agent payments, addressing infrastructure needs for autonomous software to pay for data, computing resources, and APIs at high frequency. Verona deployed verUSD across multiple networks from launch, in

According to ChainCatcher, Binance Pay will allow eligible overseas users to pay PayPay merchants with USDT starting Wednesday (Oct. 1) in Japan. The service operates through the HIVEX payment interoperability framework, with merchants settling in Japanese yen. Binance stated this is the first crypto payment service to connect PayPay's merchant network via HIVEX, and merchants require no additional setup. PayPay is accepted at millions of locations across Japan, including major retailers, small

According to Odaily, Bybit has completed a Deloitte-led SOC 2 Type II audit, independently validating its security framework across governance, technology, processes, and personnel. SOC 2 Type II, established by the American Institute of Certified Public Accountants (AICPA), is recognized as one of the world's most rigorous security and operational assurance standards. The certification complements Bybit's existing ISO/IEC 27001 certification and PCI DSS compliance verification.

According to OKX data, Solana (SOL) breaks through 120 USDT, trading at 120.01 USDT as of September 30, with a 24-hour gain of 2.63%.

According to Yonhapinfomax, as of September 30, South Korea's banking sector recorded a reserve shortfall of 1.48 trillion won, while reserve adequacy surplus stood at 26.64 trillion won. The overnight call rate settled at 3.068% with transaction volume reaching 15.19 trillion won. The central bank reported net reserve increases of 3.2 trillion won against decreases of 6.2 trillion won from fiscal, funding adjustment deposits, and other operations. Month-end constraints in the call market are ex

According to China's National Development and Reform Commission and Ministry of Finance, 62.5 billion yuan in ultra-long-term special government bonds supporting consumer goods old-for-new trade-in were disbursed recently. With this fourth tranche, the full 250 billion yuan allocated for 2026 has now been distributed. The funds are designed to incentivize replacement of aging household appliances and consumer goods, with further work to focus on efficient subsidy processing and prevention of fra

According to Yonhapnews, on September 30, South Korea's KOSPI index opened 1.06% higher at 6,943.47 but momentum faded, trading up just 0.30% at 6,891.40 by late morning. KOSDAQ rose 0.59% to 854.78. Institutional investors and foreign investors turned net sellers, offloading 283 billion won and 166 billion won respectively, while retail investors purchased 30.1 billion won.

According to financial authorities, South Korea is advancing a plan to provide income tax deductions on ETFs investing in KOSDAQ's lower-tier market segment, marking the first tax benefit applied to ETF investments in the country. The measure aims to redirect investment flows from the upper-tier segment to lower-tier segments following the introduction of KOSDAQ's new market tiering system. Financial authorities are examining providing the tax deduction specifically to active ETFs that select lo

According to Yonhapnews, on September 30, Dunamu CEO Oh Kyung-seok outlined the company's next phase at Korea Blockchain Week in Seoul, focusing on connecting the Korean market with global digital asset infrastructure. Oh stated that Dunamu aims to build infrastructure capable of competing in global markets by bridging web3 finance and web2 payment platforms through a comprehensive stock swap agreement with Naver Financial. He emphasized that Dunamu seeks to establish a common infrastructure lin

According to its unaudited financial statement, Bitdeer reported a net loss of $251.8 million for the first half of 2026, compared to a net profit of $42.38 million in the same period last year. Revenue rose to $417.7 million from $225.7 million year-over-year, while gross loss reached $47.57 million. Bitdeer directly held digital assets valued at approximately $34.76 million, including 406 BTC worth $24.46 million, 3,080 ETH worth $4.96 million, and 5.31 million USDT worth $5.30 million. The co

According to Oppenheimer analyst Colin Rush, the firm initiated coverage of FuelCell (NAS:FCEL) with an Outperform rating and $24 price target on September 30. Rush cited surging power demand from artificial intelligence data centers facing severe grid connection delays as a key driver. The analyst highlighted FuelCell's differentiation in providing on-site, reliable power directly to data centers. FuelCell plans to expand its Torrington manufacturing facility from approximately 40 megawatts to

According to Yonhapinfomax, on September 30, South Korea's Deputy Prime Minister Lee Hyung-il announced that 63.2 trillion won in surplus tax revenue would be allocated to housing, employment, and low-income financial support to address wealth inequality. The announcement was made during an expanded macroeconomic fiscal and financial meeting attended by Bank of Korea Governor Shin Hyun-song and other top economic officials. The government said the surplus, stemming from accelerated economic reco

According to Yonhap Infomax, foreign investors more than doubled their net purchases of ultra-long-term Korean government bonds (20+ year maturity) to over 1.5 trillion won from the index fixing date on August 24 through month-end, compared to approximately 700 billion won in July. The increase comes amid passive fund inflows tied to the end-September World Government Bond Index rebalancing. Bond market participants noted that insurers and pension funds are also expanding purchases of 30-year be