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
08:26
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Stable and Aracore Plan Institutional Stablecoin Pilots in Asia on September 30

According to Aracore, on September 30, the digital financial infrastructure company entered a partnership with Stable, a USDT-native layer 1 blockchain network, to explore institutional stablecoin settlement and plan joint pilots in Asia and other markets. The companies will connect Stable's blockchain settlement infrastructure with Aracore's Institutional Settlement Network, which links banks, payment providers, and digital asset infrastructure, focusing on cross-border settlement use cases for
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STABLE-0.86%
08:23
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OpenAI Launches Dots AI Agents, Pursues $1.4T Valuation in $30B Funding Round

According to OpenAI and Bloomberg, today the company unveiled Dots, an always-on AI agent powered by GPT-6 Astra, designed to work autonomously on behalf of users. The agent operates with its own cloud computer and browser access to over 4,000 applications, handling tasks such as research, document drafting, and software development. Simultaneously, OpenAI is reportedly seeking at least $30 billion in bridge financing at a valuation of approximately $1.4 trillion, according to people familiar wi
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08:22
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European Investors Boost Korea Stock Holdings to 702 Trillion Won, Up 137% Since Last Year

According to South Korea's Financial Supervisory Service, foreign investors from nine European countries including the UK, Luxembourg, Ireland, and the Netherlands held 702 trillion won worth of Korean-listed stocks as of end-August, representing a 137.2% year-over-year increase that outpaced the KOSPI's 114.1% gain. Domestic securities firms are intensifying their European expansion strategies. Korean Investment & Securities, Samsung Securities, and NH Investment & Securities are targeting inst
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08:21
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Standard Chartered Initiates ENA Coverage, Targets $2 Price by End of 2028

According to BlockBeats, Standard Chartered initiated its first coverage of Ethena (ENA) on September 30, targeting the token at $2 by the end of 2028. The report positions Ethena at the intersection of perpetual contracts, tokenization, and stablecoins, with ENA expected to benefit from growth in these sectors and a newly launched buyback program. Ethena is the fourth-largest stablecoin issuer after Tether, Circle, and Sky, and the second-largest interest-bearing stablecoin issuer after Sky, wi
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ENA-1.24%
SKY-0.58%
08:21
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Fortitude Appoints Kimberly Pittman as Chief Legal Officer Ahead of NASDAQ Merger

According to Foresight News, Zcash mining platform Fortitude has appointed Kimberly Pittman as Chief Legal Officer. Pittman will oversee legal and regulatory affairs and support Fortitude's proposed business combination with NASDAQ-listed company HeartSciences. Pittman previously served as Chief Legal Officer and General Counsel at ReserveOne. She has held senior legal positions at HubSpot, SmileDirectClub, and CBS Corporation.
08:17
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Hanwha Life Acquires 50.54% Stake in Acuon Capital for 440 Billion Won Today

According to Yonhap Infomax, Hanwha Life Insurance approved the acquisition of a 50.54% stake in Acuon Capital from EQT Partners for 440 billion won on September 30. Acuon Savings Bank, which Acuon Capital fully owns, will become a subsidiary of Hanwha Life. Centroid Investment, a private equity fund manager in which Hanwha Life acquired a 15% stake in January, will jointly purchase approximately 46% of Acuon Capital's remaining shares. Hanwha Life stated the acquisition aims to diversify its bu
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08:14
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Korea Police Mutual Aid Association Raises Member Retirement Benefit Rate to 5.3% Effective October 1

According to Signal, Korea's Police Mutual Aid Association will raise the member retirement benefit rate from 5.0% to 5.3% effective October 1, 2026. This marks the first rate increase for retirement benefits in approximately two years. The move follows similar rate hikes by other major mutual aid associations in July, including the Teachers' and Military associations. The increases aim to stem member fund outflows as commercial banks offer competitive deposit rates, with the baseline rate havin
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08:13
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Solana's Alpenglow Did Not Activate on September 28; Anza Research Head Says "No Alpenrush"

According to Roger Wattenhofer, head of research at Solana developer firm Anza, Solana's highly anticipated Alpenglow consensus upgrade did not activate on mainnet on September 28, contrary to media reports and calendar expectations. "Why would we test a protocol for only a few days before activating it?" Wattenhofer wrote on September 28, concluding "There is no Alpenrush." Solana co-founder Anatoly Yakovenko reinforced the message the previous day with "decel"—signaling developers are slowing
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SOL-0.91%
08:13
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VARA Outlines Regulatory Strategy for Dubai's Virtual Asset Ecosystem

The Virtual Assets Regulatory Authority (VARA) recently outlined its regulatory strategy for Dubai's expanding virtual asset market through an interview featuring Senior Director Sean McHugh, available on X. The discussion emphasized VARA's focus on maintaining quality standards and robust oversight mechanisms as diverse firms establish operations in Dubai. Sean McHugh highlighted the importance of strong regulatory frameworks to ensure investor confidence and market integrity as the ecosystem m
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08:11
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China's CNY Sentiment Index Falls to 48 as of 16:00 on September 30

According to data from Jin10 Futures, China's CFETS-NEX funding sentiment index reported 48 as of 16:00 on September 30, down 3 points from 14:30. Among sector participants, large banks' index stood at 45, mid-sized banks at 48, and non-bank institutions at 50, each declining 3 points. The index uses a 0-100 scale, with 50 marking equilibrium and readings above 50 signaling fund tension.
08:03
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Bitwise NEAR ETF Launches with $35.5M Net Inflows on First Day

According to Bitwise, the Bitwise NEAR ETF (NRR), the first spot NEAR ETP in the United States, launched on September 30 with assets under management of $36 million and net inflows of $35.5 million. Trading volume reached $15.1 million on the opening day.
NEAR6.30%