Gate Crypto Flash News and Market Updates

According to financial investment industry sources, on October 1, Hanmi Pharmaceutical's audit committee and management approved a special audit of Beijing Hanmi's transaction structure with local distributor Runmaikang, conducted by an independent external auditor. However, Hanmi requested to extend the October 30 deadline proposed by activist fund Life Asset Management for releasing audit results, citing challenges in auditor selection and on-site due diligence scheduling. Beijing Hanmi's unco

According to Bitfinex, rising real yields from Treasury securities are challenging Bitcoin's appeal as a non-yielding asset in October 2026. The increase in yields raises the opportunity cost of holding Bitcoin, prompting investors to reconsider their positions as traditional financial products offer better returns. October marks a critical test month for Bitcoin as it navigates these macroeconomic headwinds.

According to Reuters, Citigroup raised its 12-month price targets for Bitcoin and Ethereum on October 1. The bank increased Bitcoin's target from $82,000 to $113,000 and Ethereum's target from $2,240 to $3,028, citing renewed crypto market activity, supportive macroeconomic conditions, and resumed ETF inflows. Citigroup expects $5 billion in crypto market inflows over the next 12 months as investment advisors and brokers gradually increase Bitcoin allocations, though at a slower and more stable

According to official reports, a Ukrainian drone attack struck Russia's Belgorod region, resulting in one fatality. Local authorities confirmed the incident, though specific timing details were not immediately disclosed.

According to Samsung Electronics executive Paek Won-seok at Korea Blockchain Week 2026 on October 1, Samsung is accelerating integration of stablecoins into Samsung Wallet as a basic feature. The company aims to provide users with unified financial services—combining credit cards, bank accounts, investments, and remittances—through a single wallet interface. Paek highlighted that reducing conversion costs and simplifying on-ramp and off-ramp procedures are critical barriers to mainstream stablec

According to Samsung Electronics' Park Won-seok, Global Payment, ID and Blockchain Group Lead, Samsung is accelerating the integration of stablecoin as a core feature in Samsung Wallet, announced today at Korea Blockchain Week 2026 in Seoul. The move aims to unify fragmented financial services—including credit cards, bank accounts, investments, and remittance—into a single wallet experience. Park emphasized that reducing conversion costs and simplifying onramp and offramp procedures are critical

According to panelists at Korea Blockchain Week 2026 (KBW2026) held on October 1 in Seoul, South Korea's Digital Asset Law has earned recognition from international experts for elegantly bridging regulation and technology. Former U.S. Federal Reserve CIO Sunaina Tuteja emphasized that rapid implementation should not wait for perfect regulation, noting that regulators must adopt flexible, continuous improvement approaches rather than one-time solutions. Vanderbilt Law Professor Yesha Yadav highli

According to panelists at Korea Blockchain Week 2026 on October 1, trusted market data and credit rating systems are essential infrastructure for institutional entry into digital assets. Participants from Kaiko, Moody's Ratings, S&P Global, and Franklin Templeton discussed standards needed for pricing financial products and assessing credit risk. Kaiko CEO Ambr Suvaring emphasized that beyond on-chain transaction visibility, institutions require data processing and verification to determine asse

According to Reuters and state-owned Vietnam Exchange (VNX), all stocks listed on Hanoi Stock Exchange (HNX) will transfer to Ho Chi Minh Stock Exchange (HOSE) by late December 2026. HNX-listed stocks will close on December 23 and resume trading on HOSE on December 28. HNX's market capitalization stands at approximately 24.3 trillion won, representing only 5.4% of HOSE's 449 trillion won valuation, limiting market impact. The consolidation aligns with Vietnam's upgrade to FTSE Russell's secondar

According to Korea Economic Daily, on October 1, Jin Seung-wuk, newly appointed CEO of Daishin Securities, outlined the company's strategy to become the leading brokerage in shareholder return investments. The company has maintained consecutive cash dividends for 28 years, with a payout ratio of 51.0% as of end-2025, and plans to distribute up to 400 billion won in tax-exempt dividends over the next four years. Daishin Securities is expanding shareholder-focused products and services, including

According to SoftBank, the company completed the final $10 billion tranche of its planned $30 billion follow-on investment in OpenAI on October 1 through SoftBank Vision Fund 2. The Japanese technology investor's cumulative investment in OpenAI now stands at $64.6 billion, representing approximately 13% ownership. The investment was funded with proceeds from senior notes announced in September, and SoftBank canceled the remaining $10 billion of undrawn bridge facility capacity.

According to ChainCatcher, Binance will launch its USD1 airdrop campaign on October 2, 2026 at 08:00 UTC. Eligible users can share a total reward pool of 150 million WLFI tokens and up to 2.5 million USD1 tokens. The airdrop spans two phases. Phase 1 offers 75 million WLFI tokens, while Phase 2 provides 75 million WLFI tokens plus up to 2.5 million USD1 tokens. Rewards will be distributed every Saturday at 02:00 UTC.

According to TradingBeats monitoring, on October 1, Huang Lisheng's address (known as trader 'Ma-Zhi') continued reducing long positions in BTC and ETH, with account total floating gain narrowing to $73,000. The current holdings include: 35,224 ETH at 25x leverage with floating gain of $590,000; 272 BTC at 40x leverage with floating loss of $20,000; 209,000 HYPE at 10x leverage with floating loss of $220,000; and 1.225 billion PUMP at 10x leverage with floating loss of $277,000.

According to Binance spot data, ARK crashed 40.71% in 24 hours as of October 1, while RE surged 12.78% to touch a weekly high, according to ChainCatcher. Other tokens showed significant volatility: BLUR fell 14.3%, NIL dropped 13.14%, RAY declined 8.28%, and SPK fell 7.74% in 24 hours. RARE recovered to gain 5.93% in the same period, while ZRO hit today's low with a 6.6% decline.

According to onchain monitoring of addresses linked to the Bitget breach, the attacker transferred approximately $3.8 million in stolen Zcash (ZEC) from publicly visible addresses into Zcash's shielded pool as of October 1. The transfer represents roughly 1% of the $387.5 million total loss from the September 24 hack. Zcash's shielded transactions use zero-knowledge proofs to obscure transaction details including sender-receiver links and amounts, complicating blockchain investigators' ability t

According to the Financial Services Commission, announced on October 1, the nine largest securities firms in South Korea must allocate at least 25% of their published research reports to small- and mid-cap stocks. Under the new policy, companies ranked below 300 on the Korea Exchange must be covered, with at least half of the allocation (12.5% of total reports) dedicated to firms outside the top 150 on the Kosdaq market. The commission also approved anonymous research reports to encourage more s

U.S. corporate layoffs fell to a month-over-month rate of -18.15% in September, compared to 58.19% in the previous month, according to employment data reports. The significant decline suggests a moderation in workforce reductions among American enterprises during the month.

BestEx Research has extended its Pulse Market Impact Model to US equities today, incorporating over 1 million institutional parent orders to produce pre-trade cost estimates that vary by symbol, order size, execution speed, execution duration, and time of day. The model is accessible through Pulse AI conversational interface, a REST API for systematic workflows, and the AMS One trading and analytics platform.

WasabiCard will host "Stablecoin & Payments: Funds Flow" on October 6 in Singapore during TOKEN2049, convening executives from stablecoin issuers, payment networks and fintech firms to discuss enterprise-scale settlement and on-chain value integration into commerce. Circle Vice President of Partnerships Vidit Agrawal and Visa's US Head of Crypto Partnerships Komil Desai are among confirmed participants. The forum will examine operational requirements including stablecoin conversion, card issuanc

According to investment banking sources, SK Innovation revealed today that hidden financing arrangements including securitized assets and equity swap contracts (PRS) total 4.6 trillion won. Combined with disclosed corporate bonds and commercial paper of 5.2 trillion won, total financial exposure reaches approximately 9.8 trillion won—significantly exceeding the company's cash liquidity of 2 trillion won as of June. The PRS structure, which transfers price risk to the parent company while funds f