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
04:49
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KOSPI Holds Above 6,980 as Retail, Foreign, Institutional Investors Sell; Buyback Firms Support Index

According to E-Daily, on October 2, KOSPI traded at 6,989.33, up 0.26%, as three major investor groups liquidated positions amid caution ahead of U.S. September employment data and the Korean holiday. Retail investors sold 814 billion won, foreign investors sold 289.5 billion won, and institutional investors sold 22.8 billion won. Other entities, likely including Samsung Electronics and SK Hynix share buyback programs, purchased 1.12 trillion won, providing downside support. Market sentiment ref
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04:45
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Bitcoin Futures Open Interest Grows 5.9% to $56.226B in 24 Hours

According to Coinglass data cited by ChainCatcher, Bitcoin futures open interest grew 5.9% to $56.226 billion in the past 24 hours. Binance accounts for $11.788 billion of the total, followed by Bybit with $5.833 billion, Gate with $4.713 billion, and OKX with $3.189 billion.
04:43
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$459K Stolen from Tradewiz Bot; Recipient Wallet Linked to 27 Prior Transactions on October 2

According to Bitquery chain analysis, approximately $459,000 in assets were stolen from the Tradewiz trading bot on October 2, affecting 20,933 wallets. The recipient wallet was linked to 27 prior transactions executed through the bot. The stolen assets include SOL tokens and closed token account deposits, valued at $120 per SOL. Bitquery traced partial early funds originating from MEXC withdrawals and subsequently routed to Kucoin deposit addresses. Tradewiz attributed the breach to private key
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SOL3.15%
04:43
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Samsung Completes 100% of Share Buyback; SK Hynix at 76% as October Events Loom

According to South Korean financial industry sources, as of October 2, Samsung Electronics completed 100% and SK Hynix 76.24% of their share buyback plans announced in late August, totaling 55 trillion won (Samsung 15 trillion, SK Hynix 40 trillion). The rapid execution has supported stock prices: SK Hynix rose from 1.561 million won on August 19 to a peak of 1.986 million won in September, currently at 1.833 million won as of October 1, while Samsung held near support levels at 274,500 won. Wit
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04:43
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Trump Reiterates U.S. Rates Should Be 'World's Lowest' on October 2

President Trump reiterated on October 2 that U.S. interest rates "should be the world's lowest," intensifying pressure on the Federal Reserve's policy direction. The remarks come as market expectations for a Fed rate hike in October have shifted significantly lower, with traders now pricing in just a 24.9% probability of an increase, down from 70% a week earlier, following softer-than-expected inflation data released earlier this week.
04:41
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Xpeng Delivers 41,256 Vehicles in September, Up 5%; Q3 Deliveries Hit 118,390 Units

According to its announcement, Xpeng Group delivered 41,256 vehicles in September 2026, up 5% month-over-month, with L03 model deliveries surpassing 10,000 units. In the third quarter, the company delivered 118,390 vehicles, up 15% from the previous quarter. On September 17, Xpeng launched the G9L luxury flagship SUV in China, with a global launch scheduled for October in Paris. The company also released XOS 6.3.0 system on September 22, powered by the second-generation VLA 2.0 technology. As of
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04:38
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U.S. Treasury Secretary Besen Holds Talks with Iraqi Foreign Minister on Iran, Reforms on Oct 1

According to the U.S. Department of Treasury, on October 1, U.S. Treasury Secretary Besen met with Iraqi Foreign Minister Fuad Hussein. The officials discussed U.S. expectations for reforms by Iraqi Prime Minister Ali Al-Zaydi, as well as Shia Muslim pilgrimages to Najaf. They also covered U.S. efforts through "economic exile" actions to counter Iran's regime and terrorist activities, and Iraq's progress in disarming Iran-backed militias.
04:37
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Stove Finance Submits Comments to SEC on Tokenized Equities Exemption, Focuses on Cross-System Settlement Standards

According to ChainCatcher, Stove Finance recently submitted public comments to the SEC regarding a tokenized equity exemption. The comments focus on infrastructure challenges following tokenized equities' entry into on-chain markets, including asset conversion between traditional securities systems and blockchain ledgers, inventory replenishment, reconciliation, and maintaining consistency of corporate actions such as dividends and stock splits across different systems. Stove recommended allowin
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04:36
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China Yuan Robot Plans H-Share Repurchase of Up to 200 Million Yuan

According to Zhitong Finance, China Yuan Robot (01021) announced today a H-share repurchase plan with a maximum repurchase amount of 200 million yuan. The company will conduct irregular on-market repurchases of H shares under the authorization granted at its 2025 annual shareholder meeting on June 22, 2026, with a cap of no more than 53.9 million H shares (representing 10% of issued H shares). H shares repurchased under the plan will be cancelled. The repurchase period extends until the authoriz
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04:31
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Jim Cramer Recommends Akamai Over Cloudflare and Fastly, Cites $11.6B Anthropic Deal and Lower Valuation

According to CNBC's Jim Cramer, Akamai (AKAM-US) is the only one of three major content delivery network providers worth buying now, citing the company's $11.6 billion seven-year computing contract with AI firm Anthropic announced on September 24 and its significantly lower valuation compared to peers. Cloudflare (NET-US) and Fastly (FSLY-US) could also benefit from surging AI-driven network traffic, but Cramer views their current valuations as too high. Cloudflare trades at approximately 279 ti
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04:30
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Broadcom Raises $60 Billion for AI Chip Infrastructure, BlackRock Leads $18 Billion Tranche

According to sources, Broadcom is raising $60 billion in a new financing round for AI chip infrastructure to support companies like Anthropic. The Wall Street bank consortium is offering a $42 billion senior secured debt tranche (Class A), while BlackRock is leading a $18 billion subordinated debt facility (Class B) and committing $9 billion through its own funds. The remaining portion will be syndicated to investors. The transaction structure aims to fund AI infrastructure expansion as Broadcom
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04:30
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Core Lightning Releases Version 26.06.8 Patch for Unpatched Nodes Under Attack

According to Cointelegraph, Core Lightning released version 26.06.8 on September 22 to address vulnerabilities affecting Bitcoin Lightning Network nodes. The team urged operators running version 26.06.7 or earlier to upgrade immediately, citing reports of attacks targeting unpatched nodes. Details of the exploited vulnerabilities and potential impact were not disclosed.
BTC3.47%
04:30
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USD-KRW Rises 1.50 Won to 1,359.90 on October 2 as Caution Limits Gains

According to Yonhap Infomax, the USD-KRW exchange rate rose 1.50 won to 1,359.90 won on October 2 in the Seoul foreign exchange market, compared with the previous trading day's close. The currency pair hit an intraday high of 1,366.20 won before retreating to below 1,360 won. Caution ahead of the release of U.S. September non-farm payroll data constrained the rally.
04:29
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IMF Approves $138M Disbursement to El Salvador, Waives Bitcoin Accumulation Restriction on October 2

According to BlockBeats, on October 2, the International Monetary Fund approved a $138 million disbursement to El Salvador as part of its $1.4 billion Extended Fund Facility program. The IMF also approved a waiver for El Salvador's failure to meet previous bitcoin accumulation limits, noting that the country has implemented corrective measures and committed to reducing government participation in bitcoin-related activities. El Salvador pledged not to accumulate bitcoin beyond documented donation
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BTC3.47%
04:25
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Kinetiq Terminates Free kPoints Program, Shifts to $0.26 Paid Token Distribution; KNTQ Down 23%

According to The Defiant, Kinetiq announced today the termination of its kPoints rewards mechanism, replacing it with a paid token distribution model. Holders of accumulated points have 10 days to purchase KNTQ tokens at $0.26 per token from a pool of 50 million KNTQ, which could generate approximately $13 million in revenue if fully subscribed. The announcement triggered a 23% price decline in KNTQ, as the previously free token allocation now requires direct payment.
04:21
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U.S. Deploys Two Patriot Air Defense Systems to Saudi Arabia and Qatar in September

According to Axios on October 1, the U.S. deployed one Patriot air defense system to Saudi Arabia in September to protect a critical oil production facility, and another to Qatar to safeguard a natural gas facility. The report cited U.S. officials and regional sources. The deployments aim to reassure the regional allies of U.S. commitment to protect their key energy infrastructure.