Gate Crypto Flash News and Market Updates

According to Jin10 Data, on Monday, September 28, Turkey's cabinet will convene to discuss the country's fund crisis. Finance Minister Muhammad Simsek is expected to brief cabinet members on investigation progress and preventive measures. The government will assess the latest developments and work on potential legal and administrative adjustments to prevent systemic spillover to the financial sector and real economy. During this month's market turmoil, massive redemption requests left some fund

According to the National Assembly and financial investment industry sources on September 28, South Korea's Parliamentary Committee on Political Affairs and Legislation postponed approval of a witness list for hearings on single-stock leverage exchange-traded funds (ETFs). The committee deferred decisions on whether former presidential office policy director Kim Yong-beom, Mirae Asset Group Chairman Park Hyun-joo, and Korean Investment Finance Holdings Chairman Kim Nam-gu would testify, pending

According to Foresight News, MEXC's customer service team responded to allegations that a user's account was compromised and approximately $340,000 was stolen. The exchange stated it has completed an initial investigation and provided a solution, with plans to communicate one-on-one with the affected user via email regarding progress updates and required information. MEXC's official account confirmed the platform established a dedicated task force immediately to track the account situation and h

According to Smart Finance App, Hang Seng Index night futures (September contract) opened at 24,704 points on September 28, trading at 24,665 points by 5:08 PM Beijing time, down 51 points or 0.206%. The contract traded at a premium of 22 points with a trading volume of 182 contracts.

According to Yonhapnews, South Korea's Financial Services Commission announced on September 28 it is reviewing regulatory measures against high-frequency trading (HFT) to curb market volatility. FSC Capital Markets Bureau Director Byun Je-ho stated the agency will strengthen management of leveraged investment products and credit financing, noting that "excessive leverage amplifies investor losses and market volatility." The government will also intensify emergency market stabilization measures a

According to Korea Exchange, Duksan Nepcore received approval for a Kosdaq listing on September 28, with trading set to begin on September 30 at an offering price of 14,600 won per share. Founded in 2012, the company specializes in anti-jamming navigation solutions for military and defense applications, and operates as a subsidiary of Duksan High Metal. In its last fiscal year, Duksan Nepcore reported revenue of 48.5 billion won and operating profit of 4 billion won.

According to CNBC, CFTC Chair Mike Selig said on Wednesday, September 23, that the regulator is preparing for the transition of markets moving "24-7, on-chain." Selig stated that the CFTC needs to reevaluate its rules and regulations to ensure readiness for this shift toward on-chain markets and automated markets facilitated through algorithms and AI-driven finance.

According to CryptoQuant, Bitcoin's price crossed above its 365-day moving average over the weekend in September, marking the first time since March 2023 and signaling the end of the bear market. Bitcoin was recently trading at $86,598 after reaching nearly $87,330 on Monday. CryptoQuant noted that this crossover is a definitive technical signal historically marking the start of Bitcoin's bull markets in past cycles. The firm stated that the 365-day moving average is a cycle-defining line whose

According to Bitcoin Magazine, on Wednesday, September 23, NYSE and crypto exchange Blockchain.com signed a memorandum of understanding to debut tokenized stocks. If approved, Blockchain.com users would be able to trade tokenized U.S.-listed stocks and exchange-traded funds on NYSE's planned digital alternative trading system, with 24/7 settlement on the blockchain.

Ukrainian President Volodymyr Zelenskyy announced today that Ukraine has struck two defense factories in Russia's Tula and Voronezh regions in response to Russian attacks. Ukrainian Security Service forces also targeted oil facilities in the Krasnodar region, according to Zelenskyy's statement.

According to SEC statement, SEC Commissioner Hester Peirce advocated for privacy-preserving technologies on September 24 at SIFMA's Digital Assets Conference, arguing that regulators should reduce personal data collection rather than expand it. Peirce criticized know-your-customer and anti-money-laundering rules, stating that larger data collection does not help identify criminals and increases privacy risks. She promoted cryptographic tools such as zero-knowledge proofs and attribute-based cred

According to Zhitong Finance, Hengrui (03389) announced on September 28 that it will distribute a special dividend of HK$0.266 per share on November 16, 2026.

According to reports from Seoul Economic Daily and KIPOST, Nvidia is assessing glass substrate technology for next-generation AI chip packaging and collaborating with German equipment maker SCHMID and other suppliers. Nvidia aims to have South Korean, Japanese, and Taiwanese substrate manufacturers complete glass substrate development within two years, with potential deployment as early as 2028. In May 2026, Nvidia already committed up to $2.7 billion in investment to Corning and secured warrant

According to JPMorgan Chase's September 24 report, U.S. corporate financial surplus reached nearly 2% of GDP in Q2 2026, marking the highest level outside crisis periods since 1952. Nonfinancial enterprise surplus stood at approximately 1.5%, the highest since 1958 outside crisis periods. The bank noted that cash flow growth exceeded capital expenditures, with total corporate sector requiring no additional financing. Global stock buybacks are projected to reach $1.7 trillion in 2026, with U.S. c

According to a new report from Bitwise Asset Management released September 24, institutions that held Bitcoin during the 50% price decline between October 2025 and April 2026 did not reduce their positions, and several bought the dip. The research interviewed senior allocators at 15 major institutions including endowments, pension funds, sovereign wealth funds, family offices and public companies. All institutions in the study that own crypto hold Bitcoin as their largest cryptocurrency holding.

According to Farside Investors data, U.S. Bitcoin exchange-traded funds received $999 million in new investment on Monday, September 21. This marks the largest single-day inflow since October 6, when the funds took in over $1.2 billion as Bitcoin's price hit an all-time high of $126,080. BlackRock's iShares Bitcoin Trust led Monday's flows with $381.4 million, followed by ARK 21Shares Bitcoin ETF at $289.1 million and Fidelity's Wise Origin Bitcoin Fund at $238.8 million. Bitcoin's price stood a

According to a September 23 video interview on Bitcoin Magazine, Dave Weisberger, co-founder of CoinRoutes, explained that removing Bitcoin's near-100% bank collateral haircut will have greater institutional impact than spot ETFs or corporate treasury strategies like MicroStrategy. Weisberger noted that the Basel committee and banking regulators have described normalizing Bitcoin's collateral treatment based on volatility and liquidity metrics as inevitable, though it has not yet been implemente

According to Bitcoin Magazine, on September 22, Strive's Chief Risk Officer Jeff Walton said the company is on pace to double its Bitcoin holdings roughly every 12 weeks. Strive was one of the best performing stocks in the Russell 2000 over the past month, with its balance sheet now exceeding $2.5 billion in total assets. The company uses common stock and preferred ATMs to fund its Bitcoin accumulation strategy, and has $700 million in warrants expiring on October 13.

According to Tass, Russia's digital ruble became available for transactions on September 1, as part of developing a "fast and independent" payment infrastructure, Russian Prime Minister Mikhail Mishustin said on September 22. The move comes as bitcoin payments remain prohibited in the country since 2022. Under regulations signed by President Vladimir Putin in August, retail investors are capped at 300,000 rubles ($3,556) per year in crypto trading, while qualified investors face no restrictions.

According to Bitcoin Magazine, New York Attorney General Letitia James and Governor Kathy Hochul filed a lawsuit against prediction market Polymarket on Thursday, alleging the platform operates as an unlicensed gambling business in violation of state law. The complaint states Polymarket failed to obtain a required license from the New York State Gaming Commission and allowed users aged 18 to 20, below the state's minimum requirement of 21 for sports betting. The state is seeking to bar Polymarke