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
03:37
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The Economist Warns Trump-Kim Summit Could Lead to U.S. Troop Withdrawal on October 1

According to The Economist, on October 1, the British weekly warned that an unscripted summit between Donald Trump and North Korean leader Kim Jong Un could result in worst-case agreements, including a potential major withdrawal of U.S. troops stationed in South Korea. The magazine cited the Asia-Pacific Economic Cooperation summit scheduled for November 18 in China as a possible meeting venue. Key risks outlined include North Korea's demand for formal U.S. recognition of its nuclear weapons sta
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03:35
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South Korea's Core Inflation Slows to 2.8% in September, Central Bank May Hike Again in November

According to Moody's Analytics, South Korea's core inflation eased to 2.8% in September from 3.4% in August, suggesting the central bank's recent monetary tightening is starting to ease underlying price pressures. Improved food supplies around the Chuseok holiday and weakening service-sector inflation contributed to the decline. The central bank may have room to consider another rate hike in November, supported by strong trade data, though energy costs remain a pressure point for households and
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03:31
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China and U.S. to Finalize AI Risk Notification Standards in November Dialogue

According to Weibo account Yuyuan Tantan, China and the U.S. plan to advance artificial intelligence cooperation dialogue in November, with at least three concrete areas of focus. The two countries aim to jointly explore AI risk classification and grading standards, finalize the scope, procedures, and requirements for AI risk event notifications, and place AI governance within a broader bilateral dialogue framework.
03:31
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Fervo Energy's Cape Station Geothermal Plant Begins Selling Power to Grid, 23 Months After Groundbreaking

On September 30, Fervo Energy announced that its Cape Station geothermal plant began selling power to the grid, one day ahead of schedule. The first block, representing one-third of the planned 100 MW facility, is now operational, making Fervo the first enhanced geothermal operator to achieve this commercial milestone. The project was completed in just 23 months from groundbreaking to commercial operation. The full Cape Station site has potential to generate up to 4 GW, with Fervo targeting an 1
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03:22
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Some Market Leaders May Disappear Due to AI, Ackman Warns in Recent Interview

According to Bill Ackman, founder and CEO of Pershing Square, AI development has "significantly increased the risk of corporate disruption" in a recent interview on The Knowledge Project podcast. Ackman stated that some enterprises currently dominating their markets may eventually lose their competitive advantages and potentially disappear due to emerging technologies. He emphasized that investors must reassess how they evaluate corporate moats and competitive advantages, as AI's pace of technol
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03:22
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Fiserv Launches Digital Asset Platform with Roughrider Coin Reaching 90+ Banks

According to WuBlockchain, Fiserv has launched its digital asset platform with Roughrider Coin, a USD-backed stablecoin developed by the Bank of North Dakota, as the first use case. The platform provides access to over 90 banks and credit unions, marking a significant step in integrating stablecoins into mainstream banking.
03:21
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Maven 11 Sold 115K HYPE a Week Ago, Buys Back 40K Today as Price Drops to $89

According to Foresight News and monitoring by Lookonchain, Maven 11 sold 115,000 HYPE tokens a week ago at an average price of $93.84 per token, valued at approximately $10.79 million. With HYPE's price declining, Maven 11 bought back 40,000 HYPE tokens today at an average price of $89 per token, valued at approximately $3.56 million.
HYPE-0.43%
03:21
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U.S. Congressional Research Service Outlines Two-Tier Standard for Bank Crypto Activities

According to the Congressional Research Service (CRS) report released on September 30, U.S. banks engaging in crypto activities must meet two standards: whether the activity qualifies as or is ancillary to "banking business," and whether it affects bank safety and soundness. The report noted that the Senate version of the CLARITY Act proposes to authorize banks to conduct 11 categories of crypto-related business, differing from the House version in scope.
03:21
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Sumitomo Mitsui DS Exits All French Bonds, Shifts to German Debt and Short-Term JGBs on October 2

According to Jin10 Data, Sumitomo Mitsui DS Asset Management sold all French government bonds and reallocated funds to German debt and short-term Japanese government bonds on October 2, citing concerns over France's fiscal situation. Eurozone government bond risk premiums surged on Thursday, with French and Italian bond yield spreads widening significantly. Shinji Kunibe, chief investment portfolio manager of Sumitomo Mitsui DS's global fixed income team, stated: "French government bonds previou
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03:20
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South Korea's September Exports Hit Record $120.94B as Semiconductors Surge 262.8% YoY

According to South Korea's Ministry of Trade, Industry and Energy, exports reached $120.94 billion in September for the first time, with semiconductor shipments surging 262.8% year-over-year to exceed $60 billion. Semiconductors accounted for 49.9% of total exports. Cumulative exports from January through September totaled $814.5 billion, already surpassing last year's full-year record of $709.3 billion. The ministry forecasts South Korea will achieve its $1 trillion annual export target by Nove
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03:17
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Walapay Completes $4.6M Seed Funding Round Led by Gen Venture Capital on October 2

According to BlockBeats, Walapay, a payments infrastructure platform, completed a $4.6 million seed funding round on October 2, led by Gen Venture Capital. Commerce Ventures, Polygon, AAF Management, Verda Ventures, NGC Ventures, FGV Capital, JSquare, Reflexive, and Big Brain VC also participated in the round. The company plans to use the proceeds to acquire additional licenses, expand banking partnerships, and grow its team.
03:16
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Fiberhome Telecom (06869) Transfers HKD 1.453B in Shareholder Positions on September 30

According to Hong Kong Exchange filings, on September 30, Fiberhome Telecom (06869) saw a shareholder position transfer worth HKD 1.453 billion, representing 2.06% of total positions. The shareholder deposited 3.0965 million shares with HSBC and withdrew 4.17 million shares from Citibank. The company reported 2026 interim results with revenue of approximately RMB 9.809 billion (up 53.6% year-over-year) and net profit of RMB 2.9245 billion (up 889% year-over-year). Basic earnings per share reache
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03:16
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5100 Tibet Glacier Shareholder Deposits 380M Shares Worth 201M HKD on September 30

According to Hong Kong Stock Exchange data, shareholder of 5100 Tibet Glacier (01115) deposited 380 million shares into Huatai Hong Kong on September 30, increasing the shareholding ratio by 6.32%. The deposited shares had a total market value of 201 million Hong Kong dollars, accounting for 6.32% of total holdings. The company reported six-month interim results ending June 30, 2026, with revenue of 221 million RMB, up 31.2% year-over-year, and profit attributable to the company's shareholders o
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