Gate Crypto Flash News and Market Updates

President Trump will host an AI risk discussion lunch on Tuesday (September 29) with Nvidia CEO Jensen Huang, Anthropic CEO Dario Amodei, and Meta CEO Mark Zuckerberg, according to White House officials. OpenAI President Greg Brockman, Alphabet CEO Sundar Pichai, and Anthropic co-founder Tom Brown are also expected to attend the event co-hosted by Trump and House Speaker Mike Johnson. Separately, U.S. lawmakers have introduced multiple AI safety bills, including a proposal from Republican Rep. N

According to analysis by Rep. Park Sung-hoon's office based on data from the Financial Supervisory Service, Korea Exchange, and Financial Investment Association, 82 complaints and disputes regarding single-stock leveraged ETFs were filed between May and August 2026, with 67% concentrated in July-August as stock prices declined. The Korea Exchange's comparison of volatility metrics before and after the May 15 product launch showed Samsung Electronics' annualized volatility increased from 78% to 1

According to Samsung Electronics' investor briefing on September 29, AI-driven semiconductor demand is expanding beyond high-bandwidth memory (HBM) to general-purpose DRAM and NAND flash. Kim Tae-woo, vice president of Samsung's Memory Business Division, stated that while initial AI model training concentrated demand on GPUs and HBM, inference and agentic AI deployment are now driving broader memory consumption across server DRAM and solid-state storage. Samsung highlighted production constraint

According to Peter Stein, CEO of ASIFMA and GFMA, on September 29 at Korea Premium Week 2026, global investors called for Korea to address underlying market infrastructure gaps before accelerating settlement cycle reforms. Stein likened the issue to fixing "rusty pipes," highlighting operational bottlenecks in trading, settlement, and collateral systems that could obstruct foreign investor participation. While supporting the government's capital market reform roadmap, Stein cautioned that transi

According to Korea Exchange, the exchange and Korea Development Bank will jointly host a seminar on 'Derivatives Market Development and Marine Finance Development Direction' on October 2 at Lotte Hotel Busan. The event is part of Korea Premium Weeks 2026, a three-week capital markets conference and investor relations program running from September 28 through October 16. The seminar will feature two sessions covering recent trends in KRX derivative products and South Korea's marine finance landsc

According to ZhiTong Finance, on September 29, Hong Kong's Hang Seng Index declined 0.63%, dropping 155 points to 24,486 in early trading. The Hang Seng Tech Index fell 1.37%, with total morning turnover reaching 90.9 billion Hong Kong dollars. Kangfang Biotech (09926) led market gainers with a surge over 14%, while Konno Pharma-B (02162) rose more than 9%. AstraZeneca's $2 billion strategic investment in Summit and endorsement of Ivosidenib supported the biotech sector's strength.

South Korea's KOSPI (benchmark equity index) fell 1% intraday on September 29.

According to ChainCatcher citing Coinglass data, Ethereum liquidation levels are currently projected at $902 million in long positions if ETH drops below $2,532, and $735 million in short positions if ETH breaks above $2,795.

According to Jin10, on September 28, China's deputy UN envoy Sun Lei exercised China's right of reply during the 81st UN General Assembly's general debate, responding to statements by the Philippines. China urged the Philippines to halt multilateral manipulation of South China Sea disputes and return to bilateral negotiations. Sun Lei stated that China maintains its consistent position that the United Nations is not an appropriate venue for discussing South China Sea issues. He reaffirmed China'

According to India's Commerce Ministry, Commerce Minister Piyush Goyal will visit the United States this week to hold bilateral talks with U.S. officials, with both sides seeking to finalize an interim trade agreement. Goyal departs on Tuesday for a seven-day visit and will attend the Group of Twenty trade ministers meeting in Milwaukee on September 30 to October 1, where he is scheduled to meet with the U.S. Commerce Secretary to advance a balanced and mutually beneficial trade deal.

According to Cerebras, on September 28 the US AI chip company said it plans to supply AI chips and hardware with 100 megawatts capacity to Gimlet Labs for the startup's cloud computing business. Cerebras will deliver its CS-4 systems over one to two years, with Gimlet targeting 2027 to launch the service. The systems, built around Cerebras's wafer-scale WSE-3 Turbo chip, will run frontier models for AI inference—the stage when AI models generate responses to user prompts. Gimlet will maintain an

According to a post on X, Martin Carrica has joined Coinbase as Head of Stablecoins, tasked with expanding stablecoin distribution and adoption. Carrica previously spent four years working on regulated stablecoins at stablecoin issuer Mountain Protocol and licensed crypto platform Anchorage. In his announcement, Carrica stated that stablecoins represent the most transformative financial product and remain relatively small in scale despite significant progress, with his focus on scaling the techn

According to Guru Club, Michael Burry on Monday, September 29, announced he is converting short positions in key AI-related stocks to put options to achieve more cost-effective leverage over a shorter timeframe. Burry is replacing his Micron short with June-expiring puts at 500-strike, Nebius short with June-expiring puts in the two-digit range, and his iShares Semiconductor ETF (SOXX) short with September 2027-expiring puts at the low end of 400-strike, citing relatively cheaper options due to

According to ChainCatcher, Verona announced the launch of verUSD, positioned as the first stablecoin designed for AI agents. The project has secured over $100 million in institutional commitments, with participating investors including Animoca Ventures, Figment Capital, Sfermion, Pentos Ventures, and ArkStream. verUSD is intended to facilitate value transfer and settlement between AI agents on-chain.

On Monday, September 29, Tesla stock fell to $357.45, marking its worst day in nearly a month, as analysts lowered expectations for third-quarter vehicle deliveries. Cantor Fitzgerald expects 421,758 deliveries versus the 448,679-unit consensus, while JPMorgan cut its forecast to 482,000 from 516,000 units, citing weaker-than-expected results in China and the U.S. The company is scheduled to report Q3 results on Friday. Meanwhile, construction of Elon Musk's Terafab semiconductor project is unde

Apple has released iOS/iPadOS 26.7.1 to address CVE-2026-86950, a critical out-of-bounds write vulnerability that could allow arbitrary code execution, according to the company's official announcement. The flaw has been actively exploited in targeted attacks. Security researcher @SlowMistTeam recommends users prioritize updating their devices to protect sensitive wallet data and digital assets.

Ari Paul, founder of BlockTower Capital, alleged today that Coinbase concealed hundreds of millions of dollars in hacking attack losses and failed to reimburse customers. Paul stated that BlockTower lost approximately $25 million to hacking years ago, which he claims was part of a pattern of concealed large-scale attacks. According to Paul's investigation, at least 12 companies were affected, with total undisclosed losses exceeding $1 billion. Paul noted that multiple lawsuits are ongoing but de

According to Luzhong Morning Post, on Sept 28, Apple confirmed that iPhone 18 Pro and iPhone 18 Pro Max models have a critical Face ID system vulnerability. The glitch causes devices to freeze during facial recognition unlock or third-party app authentication scenarios, followed by automatic restart. The bug triggers in specific conditions: unlocking in low-light environments with skewed grip angles, or activating Face ID through apps like WeChat or payment platforms. Apple's customer service ac

According to ChainCatcher, ITC Crypto founder Benjamin Cowen questioned bearish Bitcoin forecasts for Q4, noting that technical indicators currently favor bulls. BTC is now less than 1% away from its May high, making it premature to draw firm conclusions about the fourth quarter before it begins.

According to independent investigator tanuki42, Circle has frozen approximately $201,000 in stolen Bitget funds. The assets are currently stranded between Noble and Ethereum after an attempted cross-chain transfer was halted due to CCTP (Cross-Chain Transfer Protocol) daily limits.