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.
Today
04:26
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South Korea's 34 Listed Firms to Unlock 99.32M Shares from Mandatory Holdings in October

According to Korea Exchange, 34 listed companies will have a combined 99.32 million shares released from mandatory holding registrations next month. The Korea Composite Stock Price Index market will see 1 company unlock approximately 7.02 million shares, while the KOSDAQ market accounts for 33 companies with roughly 92.30 million shares. On October 28, HJ Heavy Industries will release 7.02 million shares (8% of total issued stock). Other major releases include KakaoGames (6.90M shares), Ppia (6.
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04:21
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Bitget Hot Wallet Exploited on September 25 via Third-Party Zero-Day, Theft Lasted 2 Hours 52 Minutes

According to SlowMist, Bitget's hot wallet was compromised on September 25 starting at 02:31 UTC due to a zero-day vulnerability in a third-party security product, with on-chain transfers spanning approximately 2 hours 52 minutes across multiple blockchains. The attack involved unauthorized access to a third-party management platform using compromised internal employee credentials, followed by recovery of a customized withdrawal tool designed to interact with the wallet system's withdrawal logic
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BTC0.28%
04:21
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Goldman Sachs Opens $105B Treasury Fund Access via Avalanche's Lynq on September 28

According to Avalanche, on September 28, Goldman Sachs opened access to its $105 billion Financial Square Treasury Instruments Fund to qualified U.S. institutional investors through Lynq, a private settlement network built on the Avalanche blockchain. The arrangement serves as an alternative settlement and access channel for the existing institutional share class, rather than creating a tokenized version of the fund. Investors continue to receive shares of the underlying fund structure; Lynq pro
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AVAX8.22%
04:21
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Arthur Hayes Predicts AI Agent Payment Network Could Exceed Bitcoin's Scale

BitMEX co-founder Arthur Hayes stated on September 30 at Korea Blockchain Week 2026 in Seoul that a payment network for AI agents could grow to a larger market than Bitcoin. Hayes unveiled plans to develop FLOP, a cryptocurrency designed to directly connect with computing resources consumed by AI agents during inference operations, using a Proof of Useful Inference consensus model similar to Bitcoin's Proof of Work. He aims to begin calculating airdrop eligibility in late October, with plans for
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BTC0.28%
04:16
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USD/KRW Hits 1,358.30 Won on Sept 30, Up 1.60 Won as Foreigners Buy Dollar Futures

On the morning of September 30, the USD/KRW exchange rate rose to 1,358.30 won, up 1.60 won from Seoul's previous close of 1,356.70 won. The gains were driven by foreign investors' net purchases of approximately 39,000 dollar futures contracts in the currency derivatives market, combined with dollar demand from custody banks related to foreigners' stock sell-off of around 2.9 trillion won the previous day. Additional upward pressure came from the Australian dollar's sharp decline following the r
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04:14
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Arthur Hayes Predicts Bitcoin Will Hit $1M, Criticizes AI Infrastructure Investment at Korea Blockchain Week

According to speakers at Korea Blockchain Week on September 30, Arthur Hayes, chief investment officer of Maelstrom and co-founder of BitMEX, predicted Bitcoin will reach $1 million within ten years and criticized U.S.-led AI infrastructure expansion as "the most inefficient capital allocation since 19th-century railroad development." Hayes stated that AI data center infrastructure has failed to deliver expected returns and warned of potential economic crisis comparable to 2008, ultimately pushi
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BTC0.28%
04:13
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Anthropic's GLM-5.3 Cybersecurity Test Shows Exploit Capabilities Near Claude Mythos, Zhipu Stock Up 2%

According to Anthropic, GLM-5.3 demonstrated vulnerability exploitation capabilities approaching Claude Mythos Preview in a cybersecurity benchmark released today (Sept 30), with Zhipu's stock rising over 2% during intraday trading. On ExploitBench, GLM-5.3 completed 50 end-to-end exploits out of 410 attempts, compared to Claude Mythos Preview's 56 successes, significantly outpacing Claude Opus 4.6, GLM-5.2, Kimi K3, and DeepSeek-V4.1-Flash. Anthropic noted that GLM-5.3 has crossed a notable cap
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04:07
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Samsung, SK Hynix Could Trade 24/7 Through Tokenization, Korean Securities Execs Say

On Sept 30 at an industry forum in Seoul, executives from South Korea's leading securities firms discussed how tokenizing stocks and bonds could enable overseas investors to trade Korean assets around the clock without market hour restrictions. Kim Ji-won, research director at KB Securities, emphasized that payment infrastructure must evolve alongside tokenized securities, noting that digital currencies or deposit tokens would need to support the entire lifecycle of securities trading, settlemen
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04:07
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SBI Holdings, Mesh, Money Forward Agree on Japan Crypto Joint Venture Launching Q4 2026

According to SBI Holdings, on September 30, the company agreed with Mesh, a San Francisco-based crypto payments network, and Money Forward, a Japan-based fintech firm, to establish a joint venture in Japan. The venture, set to launch in Q4 2026, will focus on digital asset connectivity and payments infrastructure, including account connectivity between crypto exchanges and wallets, onboarding workflows, infrastructure for regulated stablecoins, tokenized assets, and cross-border integration. The
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04:06
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Hong Kong Hang Seng Down 0.04% as CRO Stocks Surge; Huanchuang Tech Jumps 196% on IPO Debut

Hong Kong's Hang Seng Index declined 0.04% to 24,513 points in morning trade on September 30, with Hang Seng Tech Index falling 0.15%. CRO concept stocks led gains as business development expansion and laboratory experiment demand picked up: Zhaoyuan New Drug rose 11%, Kingsbury Biotechnology climbed 8%, and Kailey's Advanced surged 5%. Huanchuang Technology surged 196% on its IPO debut, positioning itself as a global leader in smart robotics spatial perception solutions. Separately, Jin Chuan I
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04:04
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JPMorgan Shifts to Tactical Bullish on U.S. Stocks, Citing Five Key Drivers

According to JPMorgan's Market Intel Desk, the bank shifted its U.S. equity outlook from tactical neutral to tactical bullish recently, citing improved risk-reward dynamics. The five supporting factors include stronger-than-expected macroeconomic fundamentals, resilient consumer spending, potential upside in corporate earnings expectations, stabilizing Treasury yields, and improved technical conditions. The trading desk adjusted its strategy away from the previous long Nasdaq-100 and short Russe
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04:01
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Rayence to Cancel 512,744 Treasury Shares Worth 959.4B Won, Representing 3.09% of Outstanding Stock

According to Edaily, South Korean software company Rayence announced on September 30 that its board approved the cancellation of 512,744 treasury shares valued at approximately 9.594 billion won. The shares represent about 3.09% of the company's total issued shares. The cancellation is scheduled for October 14 and involves only shares already held by the company, with no additional share purchases planned.
04:01
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Samyoung E&C Wins Court Approval for 10 Billion Won Capital Increase, 4-to-1 Stock Consolidation

According to E-Daily, Samyoung E&C (065570) received corporate restructuring plan approval from Busan District Court on Sept 30. The plan includes a 10 billion won capital increase through issuance of 20 million common shares at 500 won per share to subsidiary Fiveocean. Existing shareholders will see differentiated adjustments, with 80% of shares held by related parties marked for cancellation. The company will subsequently implement a 4-to-1 stock consolidation, with the consolidation effectiv
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04:01
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Micron Set to Report Earnings Wednesday as Analysts Expect Strong Chip Prices to Support Stock

According to Barron's, Micron will release earnings after hours Wednesday (Sept. 30), with analysts expecting strong chip prices to support a potential rally. The chipmaker closed Tuesday at $1,065.08, up 1%, and has surged roughly 550% over the past year as a major beneficiary of AI demand. Analysts at Wedbush and JPMorgan Chase both expressed optimism, stating that chip prices should significantly exceed Micron's prior guidance levels, pointing to constructive memory market fundamentals and po
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03:57
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Zcash Approves $1.5M Bug Bounty for Orchard Vulnerability Discoverer in Q3 Vote

According to ChainCatcher, Zcash's third-quarter token holder retroactive funding vote approved two proposals for researcher Taylor Hornby, the discoverer of a counterfeit coin vulnerability in Orchard. The funding comprises a $750,000 bug bounty requested by Hornby and an additional $750,000 community-nominated award, totaling $1.5 million. Recipients must complete identity verification (KYC) and fund distribution procedures.