Gate Crypto Flash News and Market Updates

According to Bloomberg, BP is considering selling its biofuels operations in Brazil, people familiar with the matter said.

Over the weekend, a fraudulent GIWA bridge contract drained approximately $2 million in ETH from over 1,335 DYORSWAP users who attempted to bridge funds into what they believed was the GIWA mainnet, an upcoming Ethereum layer-2 network. Scammers replicated the legitimate GIWA chain ID (9134) and integrated the fake bridge into DYORSWAP, convincing both the exchange and users of its authenticity. DYORSWAP confirmed that users sent 767.65 ETH to the counterfeit bridge, with scammers draining 766.2

According to William Castro Alves, chief strategist at Avenue, emerging market bonds recorded their worst month since March's Iran conflict on September 28. The 10-year U.S. Treasury yield surged past 5.20%, marking a near-two-decade high, while oil prices climbed close to $110 per barrel amid persistent uncertainty over the Hormuz Strait. Alves attributed the pressure on emerging market assets to rising U.S. borrowing costs pushing yields higher across the board, compounded by oil price gains a

According to Goldman Sachs, U.S. high-yield bond supply has surged significantly, straining investors' ability to absorb the influx and pushing risk premiums to their highest level in five months. Amanda Lynam, Goldman's chief credit strategist, noted that the market is experiencing absorption challenges similar to those seen in the investment-grade debt market earlier this summer.

According to TotalEnergies' investor presentation, the company will delay routine maintenance at its Normandy refinery to 2027, reversing an earlier plan to begin work within days. Vincent Stocquart, president of TotalEnergies' downstream, refining and chemicals division, announced Monday that the 240,000 barrel-per-day facility will continue operating for an additional three months in 2026.

Houthis said Saudi warplanes launched 38 airstrikes and missile attacks over the past 24 hours, using F-15 and Typhoon fighter jets from Hemmis Mousheet and Taif air bases. Since the escalation of hostilities, the total number of Saudi airstrikes and missile attacks has reached 1,123, according to the Houthi statement.

According to Tom's Hardware, the Dutch government launched DAWO (Digital Autonomous Work Environment for Government), a NixOS-based system designed to reduce reliance on U.S. software and services following American sanctions on the International Criminal Court in The Hague. Eight municipalities are currently running trial programs, with the first stable version expected by the end of 2027. The initiative, overseen by the Ministry of the Interior and Kingdom Relations, involves three service pro

On Monday, the U.S. dollar surged to 2.45 million Iranian rials on Iran's free market, marking a historic low for the rial. The pair opened at approximately 2.405 million and continued climbing throughout the trading session. Less than a week earlier, the rate stood near 2.33 million; one year ago it was around 1.11 million, representing a depreciation of more than 100%.

According to E-Daily, AI-related stocks fell sharply on September 28 after OpenAI halted training of its latest AI model due to safety concerns over AI agents losing control. Bloom Energy dropped 9.34% to $261.74, while Intel fell 6.42% to $115.09, SanDisk declined 4.91% to $1,690.69, and Marvell Technology lost 4.30% to $250.68. According to Barron's, OpenAI stated it would resume training only once additional safety measures and alignment improvements are implemented, with a comprehensive revi

According to Barron's, Meta stock fell 4.11% to $718.12 on Sept 28 (U.S. trading hours), marking its second consecutive trading day of decline since mid-August. The selloff followed broader weakness in AI-related stocks after OpenAI announced it was halting training of its latest model until additional safety measures are in place.

According to Bitget, Bitcoin broke through 84,000 USDT today, trading at 84,004.89 USDT with intraday gains of 0.57%.

According to OKX, PUMP broke through 0.0055 USDT in the last 24 hours, with a 12.25% gain. The token is currently trading at 0.005509 USDT.

On Monday, Russian President Putin ordered Metro's Russian subsidiary under temporary management, with assets to be managed by JSC UK Torg Rus. The move marks the latest step by the Kremlin to tighten control over foreign-invested enterprises operating in Russia.

According to Reuters, on September 29, the Trump administration is considering a limited sanctions waiver to allow Iraqi Airways to operate flights between Iraq's Najaf and Iran carrying Shia pilgrims. The U.S. Treasury Department is drafting approval for a one-month exemption, with potential for longer-term arrangements. The waiver remains under discussion, according to sources familiar with the matter. Najaf is a major Shia religious pilgrimage site.

According to ChainCatcher, the Defend American Jobs PAC, backed by Coinbase and Ripple Labs through Fairshake, has spent $11.4 million on media advertisements supporting Republican Jon Husted and opposing Democrat Sherrod Brown in Ohio's 2026 Senate race, according to filings with the U.S. Federal Election Commission. The spending is part of Fairshake's initial $30 million commitment to block Brown's bid for re-election. Brown, a former Senate Banking Committee chair, has been a vocal critic of

According to Jim Cramer on CNBC, Nvidia's board approved an additional $150 billion in share repurchases on Monday, bringing the total remaining authorization to $235 billion. The chipmaker said the increase is the largest in its history and expects to complete the program through fiscal 2028. Nvidia shares rose 3% on Monday, with year-to-date gains reaching roughly 24%. "If they're active and in there every day, it will change the trajectory of the stock," Cramer said. CEO Jensen Huang noted on

According to budget documents, Russia expects to collect 200 billion rubles annually from windfall taxes on mining and metals companies between 2027 and 2029.

According to Capital Economics chief economist James Reilly, the 10-year U.S. Treasury yield—currently near its June 2007 high—will "significantly decline to 4.25%" by the end of 2027. Reilly attributes recent yield increases primarily to rising oil prices and strong U.S. economic growth, rather than artificial intelligence-related debt issuance or fiscal concerns. While AI-related debt offerings will continue to exert upward pressure on yields, the effect is more limited than media coverage sug

According to the SEC's most recent fails-to-deliver disclosure covering the second half of August, defense drone company Ondas (ONDS) became Wall Street's most failed-to-deliver security, with 20,954,097 shares undelivered in the National Securities Clearing Corporation's Continuous Net Settlement system on the Monday after the company's latest quarterly earnings. Ondas carries short interest of 40.9% of its float, and the stock landed on the SEC's Threshold Securities list on August 18, staying

According to CCTV, the Israel Defense Forces completed a large-scale military operation in Mansouri, southern Lebanon, on September 28, destroying Hezbollah infrastructure in the designated security zone. The operation, described as a brigade-level action, aimed to prevent Hezbollah from regrouping and establishing positions in the area. The military directed local residents to evacuate the region approximately two months prior to the operation.