Gate Crypto Flash News and Market Updates

According to ChainCatcher, DyorSwap's official announcement revealed that the previously identified "GIWA mainnet" is actually a fake chain created by scammers. The fraudulent network used the correct GIWA chain ID (9134), making it appear legitimate during initial verification. The deceptive cross-chain bridge has resulted in significant user losses. DyorSwap announced three immediate actions: engaging security experts to conduct on-chain tracking and investigate related addresses and fund flow

According to spokesman Turki al-Maliki, the Saudi-led coalition intercepted and destroyed two ballistic missiles fired by Yemen's Houthi forces toward Haymaa, Saudi Arabia's southwestern city, on September 26. The coalition also shot down two unmanned aircraft launched at Riyadh Province on the same day, al-Maliki stated.

According to Foresight News, Optimism launched Upgrade 20 on September 25, upgrading its fault-proof system to support future cross-chain interoperability. The core upgrade transforms the proposal mechanism from single-chain output root to multi-chain super root, which hashes version bytes, timestamps, and multiple (chainID, outputRoot) pairs to snapshot arbitrary chain states at the same timestamp. Dispute resolution continues per-chain independently while gaining cross-chain dependency capabil

According to the Financial Supervisory Service, KB Securities recorded operating profit of 1.0245 trillion won in the first half of 2026 as of September 27, a 146% increase year-over-year and marking the first time the brokerage surpassed 1 trillion won in half-year operating profit—exceeding its entire 2025 full-year profit of 867.4 billion won. Net profit reached 789.9 billion won, up 140% from the same period last year. Retail customer assets under management hit a record 289 trillion won, up

According to Korea Securities Depository, the country will introduce a securities-based settlement promotion payment system by the end of September to ease liquidity pressures on domestic and foreign institutions. Under the new system, government bonds will be eligible as collateral with a maximum recognition rate of 98%, while listed shares on KOSPI will be evaluated using a Value-at-Risk (VaR) model with variable daily rates. Additionally, Korea Securities Depository estimates the measures wil

According to a survey by Korean Economic Daily released today (Sept 27), fund managers at 12 domestic asset management firms have significantly lowered their Q4 KOSPI forecast to an average of 7,764, down 1,864 points from 9,628 in June. U.S. stocks have become the most favored asset class for Q4 returns at 39.6% of respondents, surpassing domestic large-cap stocks at 34.0%, a major reversal from June when large-caps led at 68.9%. About 72% of the 53 surveyed fund managers view the recent market

According to Korea Securities Depository's Savero portal, Korean retail investors' U.S. stock holdings rebounded to $196.2 billion as of September 25, approaching the $200 billion mark. Holdings peaked at $204.1 billion in May before declining through June and July, then recovered from August onward. Top purchases included short-term U.S. Treasury ETFs and dividend-focused funds.

President Donald Trump said on Saturday that his administration approved new fuel economy standards replacing Biden-era EV requirements, marking a major reset for the U.S. auto industry. According to Trump, the changes will give automakers more flexibility and reduce regulatory compliance costs, translating into lower vehicle prices for consumers; the administration claims families could save thousands of dollars on new car purchases. Trump also highlighted over $100 billion in automotive invest

According to KB Securities officials today, the company's Capital Markets Division is combining derivative sales and investment operations to strengthen hedge solutions for stock positions amid rising market volatility. The reorganized division now works with sales teams to assess client needs, then designs market-appropriate product structures and hedging strategies. KB Securities is also expanding solutions targeting interest rate, oil price, and currency fluctuations, including structured pro

According to Jin10, on September 27, multiple men were arrested at RAF Fairford, a U.K. airbase used by U.S. forces, following a major incident. The arrested individuals are suspected of violating the Explosives Act, with several residential properties evacuated in the area. The U.K. Army's professional explosives disposal unit has arrived at the scene and is currently inspecting multiple vehicles.

According to Guru Club, Indonesia's Jakarta Composite Index fell 4.2% to 5,688.574 points on June 4, marking its lowest level since December 2020.

According to BlockBeats, Upbit's L2 project GIWA clarified on September 27 that its mainnet has not yet launched and RPC leaks are not possible. The project warned users to guard against FUD and scam messages.

According to Bitget CEO Gracy Chen, the exchange launched a bounty program on September 27 offering 5% rewards for freezing attacker funds and an additional 5% for successful recovery. Circle and Tether have already frozen 218,023 USDT and 99,990 USDC totaling approximately $318,000 from addresses linked to the attack. Bitget reported total losses of approximately $351.6 million from the incident.

According to the Korea Exchange and KOSCOM ETF Check, from Sept. 1–23, foreign investors were the largest net buyers of KODEX Leverage ETFs, purchasing 214.4 billion Korean won worth of KODEX Leverage—a product that tracks twice the daily returns of the KOSPI 200 index. Foreign investors also acquired significant amounts of SK Hynix single-stock leverage products. Meanwhile, retail investors favored inverse strategies, with KODEX 200 Inverse 2X being the most purchased domestic ETF among retail

According to Korean brokerages including Shinyang Securities and Hana Securities, since Sept. 14 when U.S. 10-year Treasury yields surged above 5%, Korean semiconductor stocks have shown resilience despite heavy foreign investor net selling exceeding 1 trillion won daily. Samsung Electronics and SK Hynix supported prices through share buybacks, which analysts attribute to improved chip maker earnings visibility and reduced yield sensitivity. Shinyang Securities noted semiconductor earnings cycle

Chinese President Xi Jinping conducted a state visit to the United States from September 23 to 25, during which he and U.S. leadership exchanged views on strengthening constructive strategic stability between the two nations and major international and regional issues. The two sides reached an eight-point consensus on these topics.

According to Elevetha Therapeutics, on September 23, the FDA approved Lirifegratinib (Ripifuratinib) for second-line treatment of cholangiocarcinoma with FGFR2 fusion or rearrangement. The approval marks the first time a South Korean biopharmaceutical company has directly submitted and received FDA approval for a global cancer drug new drug application. Elevetha, the U.S. subsidiary of South Korean KOSDAQ-listed HLB, acquired the global development and commercialization rights to the drug from R

According to the Korean Exchange, biotech companies' average IPO review period has been halved to 70 business days this year, down from 140 business days in 2022. The exchange implemented an industry-specific review system in July 2024, establishing dedicated teams for biotech, ICT, and manufacturing sectors. The fastest approval this year went to Nexai, an immunotherapy developer, which received confirmation on September 17, just 41 business days after filing on July 21, setting a new record fo

According to Hanwha Investment Securities, South Korea's five major banks face a record 27.1 trillion won in maturing bank bonds during the fourth quarter of 2026, more than double the recent 10-year average of 11.8 trillion won and surpassing the previous peak of 20.6 trillion won in Q4 2022. The large maturity volume could trigger a crowding-out effect in the corporate bond market, as investors shift toward higher-rated bank bonds, making it harder for lower-grade corporate bonds to attract fu

According to Hanwha Investment & Securities, South Korea's five major banks are set to refinance a record 27.1 trillion won in maturing bank bonds during the fourth quarter (October–December 2026), more than double the 10-year average of 11.8 trillion won and surpassing the previous high of 20.6 trillion won in Q4 2022. The surge is creating a potential crowding-out effect in corporate bond markets, with investor flows concentrated in high-quality bank bonds, putting pressure on lower-rated corp