Gate Crypto Flash News and Market Updates

According to NBC News, an Iranian cruise missile struck a U.S. Navy vessel carrying Marines in the Strait of Hormuz two weeks ago, injuring eight U.S. Marines, three U.S. officials disclosed. The attack occurred while the Marines were conducting operations in the strategic waterway.

According to ChainCatcher citing Economic Daily, CPO (Co-Packaged Optics) equipment suppliers including Chih-teh, Gaoming Iron, and Dongyou reported surging demand yesterday, with order visibility extending through Q2 2027. The companies are launching expansion plans, with new capacity expected in Q4 2026 and continued ramp-up in 2027. Chih-teh received thousands of orders for linear motors from leading international CPO equipment makers and is in talks with major domestic and European customers

According to Yonhap News, South Korean financial institutions and fintech companies are accelerating infrastructure preparations for won-backed stablecoins as legislative discussions continue as of September 28. Kakao Group, including Kakao Bank and Kakao Pay, has signed memorandums of understanding with regional and global partners including Thailand's SCBX, Grab, and Binanza Factory to develop digital asset services. Kakao Pay has completed technology demonstrations enabling stablecoin storage

According to Yonhapnews, on Sept 28, Korean financial institutions and fintech companies including Kakao, Kakao Bank, and Kakao Pay are accelerating infrastructure development for Won stablecoin ahead of expected legislation. The companies signed multiple memoranda of understanding with domestic and international partners, including Thailand's SCBX and Grab, to prepare digital asset wallets, payment systems, and settlement capabilities. Kakao Pay has completed technical verification enabling sta

According to South Korea's Ministry of Trade, Industry and Energy, major retailers' sales rose 7.7% year-over-year in August, driven by early Chuseok holiday purchasing shifted from September. Department stores posted the strongest growth at 11.9%, with food gift set pre-sales up 14.5%. Large supermarkets rebounded to growth after five months, rising 4.5%, while convenience stores gained just 0.8% amid reduced outdoor activity due to extreme heat. Analysts expect the early holiday effect to cont

According to Yahoo Finance on Sept 27, rising U.S. Treasury yields reflect growing economic concerns rather than debt fears, as major companies report mounting pressures. Paycheck's management said they operate in an environment of "hiring less and firing less," while General Mills warned of sustained profit pressure from inflation in grains, diesel, and packaging costs over coming quarters. Restaurant chain Cracker Barrel reported a 6.1% decline in customer visits this week, and Olive Garden sa

According to China's National Bureau of Statistics, the petroleum refining industry turned profitable from losses in January-August 2026, achieving total profits of 56.29 billion yuan, as announced on September 28. The raw materials manufacturing sector drove growth, with profits up 47.3 percent year-over-year. Rising international crude oil and non-ferrous metal prices boosted sector performance, with chemical industry profits increasing 51.0 percent and non-ferrous metals up 82.9 percent durin

According to Yonhapinfomax, SpaceX, OpenAI, and Anthropic—collectively valued near $6 trillion—face exclusion from the S&P 500 index due to strict profitability requirements, despite qualifying for Nasdaq 100 via its fast-entry rule that expedites inclusion of companies ranking in the top 40 by market cap. The S&P 500 maintains a 12-month listing delay and cumulative GAAP profitability requirements, preventing these mega-cap AI and aerospace companies from inclusion. Meanwhile, Nasdaq 100 adopti

According to Yonhapinfomax, SpaceX, valued at approximately $2 trillion following its recent Nasdaq listing, was excluded from the S&P 500 (SPX) due to the index's strict profitability requirements, which mandate cumulative earnings over the most recent quarter and trailing four quarters. In contrast, the Nasdaq 100 (NDX) adopted a "Fast Entry" rule allowing companies ranking in the top 40 by market cap to be included within 15 trading days of IPO. OpenAI and Anthropic, each valued at $1 trillio

According to Coinglass, in the past 24 hours, the crypto market experienced $192 million in total liquidations, with long positions accounting for $96.38 million and short positions for $95.66 million. A total of 82,443 traders were liquidated during the period. The largest single liquidation occurred on Hyperliquid with an XRP-USD contract worth $3.35 million.

According to Ai 姨 monitoring (via PANews), a GNGN-associated address deposited 6,100 ETH worth $16.38 million to Coinbase 8 hours ago. The ETH was transferred from Robinhood network to Ethereum mainnet 6 days prior.

According to China's National Bureau of Statistics, the country's electronics industry profits surged 110% year-over-year from January to August 2026, accounting for 62.0% of total profits growth across large-scale industrial enterprises. Within the sector, optoelectronic device manufacturing and semiconductor discrete device manufacturing reported profit increases of 72.0% and 51.8%, respectively, driven by rising chip demand from emerging applications. Electronic materials manufacturing and el

According to Axios, President Trump on September 27 rejected Iran's '7-Day Plan' proposal but indicated he expects additional talks with Iran this week. Trump stated that "Iran wants a deal, but this is not the deal I want. Iran continues to take an overly strong stance." Iran's proposed plan, presented during indirect negotiations on September 22, calls for the U.S. to halt wars across the Middle East, lift its maritime blockade and sanctions on Iran, and return to nuclear negotiations—in excha

According to Bitget data, South Korea's KOSPI index declined 2.00% intraday on September 28.

According to CCTV News, the Asian Infrastructure Investment Bank (AIIB) is holding its 11th Annual Board of Governors Meeting in Doha, Qatar, on September 28. The bank was established with participation from 57 founding member nations and focuses on financing infrastructure projects. As of the latest update, AIIB has approved over 400 projects with a total financing volume of nearly $80 billion, benefiting 43 member states within and outside Asia.

Over the past two months, a team associated with Robinhood has cashed out $18.43 million across at least 53 token projects, according to on-chain analysis. The group's coordinated activity across multiple cryptocurrency launches suggests a potential token issuance scheme, with funds systematically withdrawn from various projects.

China's industrial enterprises with annual revenue above 20 million yuan recorded a profit growth rate of 4.2% year-over-year in August, a sharp deceleration from the previous month's 11.2%.

Hanhwa Asset Management has deployed Odin, an internally developed AI data platform, across the organization, the company announced recently. Built on Claude and leveraging the firm's own technology and infrastructure, Odin aggregates approximately 60,000 news articles, over 100,000 research materials and YouTube reports, and domestic and international disclosures daily to provide real-time market insights. The platform comprises two core functions: Market Intelligence, which analyzes market dat

According to Korea Exchange, South Korea's KOSDAQ index rallied 1.88% to 860.36 on the morning of Sept 28, buoyed by biotech stocks following HLB's announcement that its U.S. affiliate Elevate Therapeutics received FDA approval for Ripictumab, a cholangiocarcinoma treatment. All HLB group stocks, including HLB Biotech and HLB Pharma, hit daily limits with gains of 29–30%, spurring broader biotech sector gains. Meanwhile, KOSPI declined 1.16% to 6998.62 as semiconductor heavyweights Samsung Elect

According to BlockBeats data from TradingBeats, crypto trader Huang Licheng (known as "Maji Dage") trimmed his Bitcoin long position on September 28, with his account recording a loss of $1.42 million in the past 24 hours. His 7-day profits also shrank to $1.62 million. His current positions include Ethereum longs worth approximately $92.62 million and Bitcoin longs worth approximately $25.18 million.