Gate Crypto Flash News and Market Updates

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activity across multiple cryptocurrency launches suggests a potential token issuance scheme, with funds systematically withdrawn from various projects.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.

According to NADA News, Japanese digital asset firm Delta Foresight secured 324 million yen (approximately 3 billion yen total) on September 25 through a J-KISS warrant offering led by Japanese venture capital firm Coral Capital. Investors include FFG Venture Business Partners, Decima Fund, Animoca Brands, HashPort, DeFiMans, and Narrative. The funds will be allocated toward developing the JPY DeFi mainnet, conducting external security audits, and hiring talent. JPY DeFi enables users to collate

According to CNBC on September 27, U.S. 10-year Treasury yields rose to 5.23% on September 25, reaching their highest level since 2007. Thierry Wizman, global foreign exchange and rates strategist at Macquarie Group, attributed the surge primarily to a surge in corporate and government bond issuance rather than inflation expectations alone. Large technology companies including Alphabet, Amazon, Meta, Microsoft, and Oracle issued approximately $132 billion in bonds through July—significantly exce

Today, the People's Bank of China (PBOC) conducted a 139 billion yuan seven-day reverse repurchase operation at an interest rate of 1.40%, with bidding volume and successful bids both reaching 139 billion yuan. The PBOC also opened a 661 billion yuan overnight reverse repo operation and conducted a 300 billion yuan 14-day reverse repo using fixed-quantity, fixed-rate bidding with multiple clearing prices.

According to China's Ministry of State Security, published on September 28, virtual currency's alleged anonymity is fundamentally a misconception. The ministry outlined that virtual currencies have become key tools for criminal activities including money laundering, covering cyberattacks, and facilitating espionage. However, blockchain's complete transaction records enable full-chain traceability, making it impossible for perpetrators to hide their true identities despite asset safety concerns.

Former U.S. President Donald Trump stated he will meet with the Anthropic team on Tuesday, September 29. Trump described Anthropic CEO Dario Amodei as highly respected.

According to Arkham data, Aave founder Stani Kulechov deposited approximately 30,900 AAVE (worth $4.77 million) to the Uniswap AAVE liquidity pool today to increase liquidity.

According to Zano's core team, the blockchain was rolled back to block 3,833,000 on Sunday, immediately before Hard Fork 6, after a Gateway Address vulnerability allowed unauthorized ZANO and Freedom Dollar tokens to enter circulation. The rollback invalidates approximately one month of legitimate transactions along with the unauthorized tokens. The recovery requires participating nodes, miners, stakers, exchanges and other services to adopt the update. Transactions made during the rolled-back p

According to Korea Exchange data, over the past month (August 21-September 23), Korean retail investors significantly shifted funds from domestic ETFs to U.S. index-tracking products. TIGER S&P 500 led individual net purchases at 402.5 billion won, followed by KODEX Nasdaq 100 (230.1 billion won), KODEX S&P 500 (225.1 billion won), and TIGER Nasdaq 100 (166.4 billion won). Combined individual net inflows into the four major U.S. index ETFs exceeded 1 trillion won. Simultaneously, domestic index

According to Financial News, Samsung Electronics and SK Hynix declined on September 28, the first trading day after the Chuseok holiday break. As of 10:14 a.m. local time, Samsung Electronics dropped 3.59% to 275,250 won, while SK Hynix fell 4.03% to 1,787,000 won. Related subsidiary stocks, including Samsung Electronics Preferred and SK Square, also declined 4.32% and 5.92% respectively.

According to News1, LG Electronics was officially listed as a preferred partner in the Power and Cooling category of Nvidia's Partner Network (NPN) on September 27. The stock rose 3.59% to 216,500 Korean won on September 28. LG will now be able to propose cooling solutions including chillers and coolant distribution units (CDUs) to global customers building AI data centers based on Nvidia technology, with LG products included in review starting from the initial planning and design stages.

According to Guru Club, legendary short-seller Jim Chanos said on September 28 that the current AI boom is uniquely driven by four major factors simultaneously: government policy, technological enthusiasm, credit financing, and real estate construction for data centers. Unlike past financial bubbles, which typically relied on one or two of these drivers, this AI cycle combines all four, significantly amplifying financial risks. Chanos noted that data center expansion alone represents a massive i

China's interbank foreign exchange market reported the following midday rates on September 28: USD/CNY at 6.7399 (down 90 pips), EUR/CNY at 7.6564 (down 67 pips), GBP/CNY at 8.9007 (down 146 pips), AUD/CNY at 4.7182 (down 205 pips), and CAD/CNY at 4.7510 (down 225 pips). Other rates included JPY/CNY at 4.2685 (up 95 pips), CNY/RUB at 12.5469 (down 795 pips), NZD/CNY at 3.8051 (down 168 pips), CNY/MYR at 0.60532 (down 12.5 pips), CHF/CNY at 8.1123 (down 539 pips), and SGD/CNY at 5.2620 (up 22 pip

According to Jin10 data on Sept 28, the Reserve Bank of Australia is expected to raise rates by 25 basis points this week, with a 25bp hike appearing largely priced in. Analysts expect the RBA to emphasize upside inflation risks and unresolved Middle East tensions. The key focus will be the central bank's tone, which is likely to be direct and leave room for further rate hikes in November. The RBA has signaled doubts about achieving its inflation target within a reasonable timeframe and has redu