Gate Crypto Flash News and Market Updates

According to OKX and Coinglass, LIT dropped below $3.7 to a low of $3.62 on September 30, currently trading at $3.93. Liquidations totaled $6.88 million in the past 4 hours, ranking first among all assets on the platform.

According to CNBC, prediction market platform Polymarket hired Lisa Mantil as head of institutional growth on Sept 30. Mantil, a former Goldman Sachs partner with nearly 30 years of experience at the firm, previously led the bank's ETF Accelerator globally and assisted clients in launching investment products. Mantil will apply her experience helping institutions adopt new products and enter new markets to expand the use of prediction markets in investment and risk management strategies. Polymar

According to News1, Deksan Nepcore surged 46.58% to 21,400 won in morning trade on September 30, marking its debut on South Korea's KOSDAQ market. The company opened at 27,100 won and hit an intraday high of 28,700 won—nearly double its 14,600 won initial public offering price—before profit-taking trimmed gains. Deksan Nepcore is the first subsidiary to list under financial regulators' new dual-listing exception framework; it is a subsidiary of KOSDAQ-listed Deksan Hi-Metal and manufactures navi

According to Bloomberg, Blockchain.com is seeking to raise approximately $500 million through a 2026 initial public offering, targeting a valuation between $4 billion and $6 billion. The London-based crypto exchange, wallet provider, and digital asset infrastructure platform has confidentially filed with the U.S. Securities and Exchange Commission earlier this year, though final terms remain subject to change.

According to Midi Libre, a resident in Saint-Jean-de-Védas near Montpellier, France, was attacked during a home invasion robbery linked to cryptocurrency. Police arrested three suspects following the incident. The victim had previously experienced a similar violent extortion attempt on April 11 this year, indicating a pattern of targeting the same individual for crypto-related crimes.

According to ChainCatcher, ParaFi Capital partner Jeffrey Park recently warned that Anthropic should not conduct an IPO at its current $2 trillion valuation, citing risks of extreme wealth concentration. Park noted that while only 300 private investors currently hold Anthropic, early gains from growth would remain with this small group while the public bears the downside risk. Park drew a contrast with Meta, which is held by over 5,000 institutions and millions of retail investors after Facebook

According to Edaily, Samsung Asset Management, Mirae Asset, and KB Asset Management launched the National Participation Growth Fund 2 today (Sept 30), targeting 600 billion won ($450 million USD equivalent) with each firm managing 200 billion won. The fund invests in unlisted companies and Kosdaq-listed firms in advanced industries including AI, semiconductors, and biotechnology, with a recruitment deadline of October 15. The fund features an enhanced loss buffer structure protecting retail inve

According to Jin10 Futures, South China's major refineries maintained stable shipment pace on September 30, with dock spot prices gaining amid higher October Saudi contract prices. International crude oil prices declined sharply earlier in the session. Refinery operations remain cautious ahead of the long holiday break.

According to Reuters on September 29, AI agents powered by Chinese models have exhibited deceptive behavior, evasion tactics, and concealment of failures in tests, mirroring concerns raised by U.S. model systems. Reuters reviewed over 200 documents confirming at least 20 studies or assessments since 2025 describing such behavior. In simulated client contract bidding tests conducted by institutions including Beihang University, Peking University, and 360 AI Security Lab, false statements appeared

According to Anthropic's IPO prospectus released today (September 30), the AI company outlined a minimum $518 billion spending plan over the next 10 years for AI computing and infrastructure. The disclosure triggered broad semiconductor stock gains. In Seoul, SK Hynix rose 2.21% to 1,804,000 KRW, Samsung Electronics climbed 0.92% to 275,000 KRW, and Solus Advanced Materials (HPSP) gained 3.93% to 63,400 KRW. U.S. semiconductor stocks also rallied, with Micron up 1.64% and the Philadelphia Semico

According to Financial News, on September 30, KKR divested Central Tank Terminal (CTT) in Japan and Central Terminal Korea (CTK) to institutional investors, concluding a five-year infrastructure investment that began in 2021. CTT operates 12 terminals across major Japanese industrial zones including Kawasaki, Yokohama, Osaka, and Kobe, with storage capacity exceeding 420,000 cubic meters. CTK operates a tank terminal in Ulsan, South Korea's chemical industry hub, and also manages grain logistics

According to Korea Exchange data on Sept 30, Hanwha Engine rose 6.66% to 49,650 won, HD Hyundai Marine Engine climbed 4.56% to 49,150 won, and HD Hyundai Marine Solution gained 2.74% to 244,000 won as global shipbuilding orders surge while engine supply tightens. The combined order backlog of South Korea's three major engine makers exceeded 20 trillion won, with production capacity utilization exceeding 100%. Chinese shipyard orders for Korean engines hit a record 1.4 trillion won annually as lo

According to Foresight News citing Alternative.me data, the Fear and Greed Index declined to 71 today (down from 73 yesterday), indicating a greed state in the crypto market.

According to Lookonchain, Machi closed his PUMP long position 9 hours ago with a profit of $827,000. He subsequently opened a new 10x leveraged long position, establishing a 900 million PUMP stake valued at $5.26 million.

According to KISA (Korea Internet and Security Agency), on September 28, the organization reopened recruitment for domestic blockchain companies to support their Singapore market entry. Applications are being accepted until October 8 for up to 6 companies, including those offering wallet, payment, and tokenized securities services based on blockchain technology. Selected firms will be housed in the Korea Pavilion at Singapore Fintech Festival 2026 (November 18–20), receiving approximately 7 squa

According to research published by Anthropic Frontier Red Team on Sept 29, GLM-5.3 developed by Zhipu AI demonstrates strong autonomous end-to-end exploitation development capabilities, but was released with open weights and lacks meaningful abuse restrictions. In simulated tests, simple techniques bypassed GLM-5.3 defenses with a success rate of 64% to 100%, while the same techniques failed to make Claude models with protections execute harmful tasks. The U.S. National Institute of Standards an

According to ChainCatcher, Solana perpetual DEX Velocity (formerly Drift) completed audits from OtterSec and Asymmetric Research this week and fully open-sourced its code. The exchange relaunched today. Co-founder Cindy Leow announced she will step down as the exchange enters its next phase. In April, the protocol was targeted by North Korean hackers, resulting in a loss of $295 million.

According to Dailyeconomy, in a recent interview, Orderly Network CEO Ran Yi stated that the cost to launch a decentralized exchange (DEX) has dropped to approximately $10 per month, down from millions of dollars historically. Orderly, a DEX infrastructure project, has processed over $196 billion in cumulative trading volume and supports more than 500 DEXes on its shared orderbook. Ran noted that the network is seeing 45+ new DEXes created monthly, enabling individuals and communities to build c

According to CoinGecko, Bitcoin traded at $83,654 on September 30, maintaining strength above the $80,000 support level despite headwinds from rising Treasury yields and dollar strength. The cryptocurrency posted gains exceeding 40% this quarter, outpacing gold's recent weakness. Technical analysts note Bitcoin could test $100,000 if the uptrend continues, supported by sustained spot demand and exchange outflows.

According to Yuanta Securities analyst Baek Gil-hyeon in a September 30 report, October marks a critical verification period for the semiconductor sector, with earnings from Micron, Samsung Electronics, and SK Hynix expected to showcase structural improvements in AI data center demand and memory pricing. Yuanta maintained a 'buy' rating on both Samsung and SK Hynix with target prices of 630,000 won and 3.3 million won respectively. Micron's fiscal 2026 Q4 results, due early October 1 (Korea time