Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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02:21
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Micron Reports Record $54.23B Q4 Revenue, Beats Estimates Amid Chip Supply Crunch

According to Yonhapnews, on October 1, Micron reported record fourth-quarter (June–August) revenue of $54.23 billion, surpassing consensus expectations of $50.7 billion. Adjusted earnings per share reached $33.42, exceeding the Wall Street estimate of $31.61, with gross margin at 87% versus expected 86%. Micron CEO Sanjay Mehrotra said the company has secured over one-third of revenues through long-term supply contracts through 2030 and plans substantial capital expenditure expansion. He project
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02:20
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Micron Posts Record $54.23B Q4 Revenue, Beats Expectations Overnight

According to Micron's earnings report released overnight on October 1, the company posted record-high fourth-quarter revenue of $54.23 billion, surpassing analyst consensus of $51.07 billion and reaching nearly five times the year-ago period. Adjusted earnings per share came in at $33.42, above expectations of $31.61, with gross margin at 87% versus anticipated 86%. Micron CEO Sanjay Mehrotra stated on the earnings call that the company has secured long-term supply contracts covering more than o
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02:20
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Hana Financial Investment Plans 900 Billion Won Capital Raise on October 1

According to Financial News on October 1, Hana Financial Investment's board approved a capital raise of up to 900 billion won, comprising 500 billion won in third-party placement and up to 400 billion won in hybrid capital securities. The funds will strengthen financial stability and support the company's transition to a comprehensive investment firm, with focus on digital asset infrastructure and blockchain partnerships.
02:20
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Grayscale's Zcash ETF Completes 3-for-1 Stock Split, Trading on Adjusted Basis from September 30

According to Globenewswire, Grayscale's Zcash ETF (ZCSH) completed its previously announced 3-for-1 stock split effective before U.S. market open on September 30. Shareholders of record as of September 28 received two additional shares for each share held, with each pre-split share converting to three post-split shares. The split does not change the total value of shareholders' investments; the net asset value (NAV) per share was adjusted to approximately one-third of its pre-split level. ZCSH c
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02:17
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South Korea's 10-Year Treasury Futures Fall 31 Ticks to 104.13 on October 1

According to Yonhapinfomax, South Korea's 10-year Treasury futures declined 31 ticks to 104.13 on October 1 morning, while 3-year futures fell 4 ticks to 102.33. The decline followed gains in the previous two trading days and tracked higher U.S. Treasury yields overnight. The retreat coincided with mixed U.S. economic signals: while August PCE inflation came in below market expectations, cooling rate-hike expectations, strong consumer spending pushed longer-dated U.S. Treasury yields higher. U.S
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02:15
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AI Cloud Platform GMI Cloud Raises $668M in Funding With NVIDIA as Investor

According to Straitstimes, AI-native cloud platform GMI Cloud completed a $668 million funding round on October 1, comprising $223 million in Series B equity and $445 million in credit financing, with ARCHIV leading the round and NVIDIA as a co-investor. The company's inference platform processes approximately 4 trillion tokens weekly, serving customers including Fireworks, Nous Research, OpenRouter, and Trend Micro.
02:14
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Trump Gathers AI Executives at White House Lunch on Sept. 29; Apple Absent

According to CNBC, on Sept. 29, 2026, President Trump held a lunch meeting with AI executives at the White House to discuss artificial intelligence, but Apple was notably absent. While CEO Tim Cook and his successor John Ternus did not attend, leaders from Nvidia, Meta, OpenAI, Google, Microsoft, Amazon and other tech companies participated and later signed an AI safety accord with the White House. Altimeter Capital CEO Brad Gerstler dismissed Apple's absence as a "nothing burger" in an intervie
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02:13
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NH Investment & Securities Cuts Real Estate Exposure to 4.2 Trillion Won, Expands Corporate Lending to 8 Trillion Won

According to Korean Credit Evaluation, NH Investment & Securities reduced its real estate financing exposure by 800 billion won to 4.2 trillion won as of end-March, while aggressively expanding corporate lending to over 8 trillion won under newly appointed dual CEOs Shin Jae-wook and Bae Gwang-soo. Total risk exposure, however, grew from 15.18 trillion won in end-2022 to 25.97 trillion won by end-March, as the company shifted assets from project financing into corporate loans and acquisition fin
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02:08
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South Korea Ranks First in Retirement Savings Focus but Last in Portfolio Diversification, Amundi Survey Finds

According to Amundi's 'Decoding Investors 2026' survey released on October 1, South Korean investors rank first globally in prioritizing retirement savings as their primary investment goal at 57%, far exceeding the global average of 36%. However, the survey of 13,249 investors across 26 countries conducted in March 2026 also revealed that only 22% of South Korean investors consider their portfolios adequately diversified, the lowest rate among all surveyed nations. The survey further showed that
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02:07
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U.S. Court Challenges Trump Administration's Forced-Labor Tariffs on 60 Economies Including South Korea

On September 30, according to Bloomberg reporting cited by Yonhap News, the U.S. International Trade Court (CIT) questioned whether the Trump administration had sufficient legal basis and country-specific evidence to impose 10% to 12.5% tariffs on products from 60 economies under Section 301 of U.S. trade law. The tariffs, which affect 86 countries representing 99.4% of U.S. imports, include a 12.5% rate on certain South Korean products. Three judges pressed U.S. Trade Representative Jamieson Gr
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02:07
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StraitsX Plans XSGD, XUSD Launch on Monad in Early 2027

StraitsX announced on October 1 plans to launch XSGD and XUSD natively on Monad, an EVM-compatible layer-1 blockchain, in early 2027. XSGD will be the first Singapore dollar-denominated stablecoin issued directly on Monad. Both tokens are already live on Solana and have been recognized by the Monetary Authority of Singapore as substantively compliant with the upcoming single-currency stablecoin framework.
MON17.40%
SOL-1.11%
02:03
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Hyperliquid Whales Hold $9.233B in Positions With 0.88 Long-to-Short Ratio

According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold $9.233 billion in positions as of October 1. Long positions account for $4.324 billion (46.83% of total), while short positions stand at $4.909 billion (53.17% of total). Long position unrealized profits are $535 million, while short positions show unrealized losses of $588 million.
HYPE3.69%
02:03
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Osmosis Ends Maintenance Mode, Plans to Cut Validators to 30 and Lower OSMO Inflation

According to ChainCatcher, Osmosis announced it is ending its maintenance phase and will implement three major OSMO adjustments subject to on-chain governance. The protocol will reduce inflation and stop depositing newly minted OSMO into community pools, increasing reliance on actual network revenue. Osmosis also plans to cut active validators from the current set to 30, citing faster security responses and upgrade coordination. The team will burn most OSMO held in community pools and redirect l
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OSMO0.27%
02:03
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Former Japan SDF Member Murata Admits to Breaking and Entering, Denies Extortion Charges on October 1 Court Hearing

According to Jin10, on October 1, former Japan Self-Defense Force member Akira Murata appeared in Tokyo District Court for his first hearing, admitting to charges of breaking and entering and violating the Sword and Firearms Control Law but denying extortion charges related to threatening embassy staff. Murata broke into the Chinese Embassy in Tokyo on March 24 by climbing over the fence with a knife, threatening to kill Chinese diplomats. He was arrested by police shortly after. Japanese prosec
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