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
09:21

National Pension Fund Increases Large-Cap Stakes in August, Raises GS Construction to 10.02%

According to Korea Economic Daily, South Korea's National Pension Fund increased stakes in large-cap value stocks during August while reducing exposure to underperforming mid-cap companies. The fund raised its stake in GS Construction from 7.82% to 10.02%, purchasing 1.88 million shares, with the company trading at an estimated price-to-book ratio of 0.63x in 2026—a typical undervaluation threshold. The fund also increased holdings in NHN from 9.62% to 10.12% and raised S-Oil stake from 9.35% to
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09:21

SK D&D Closes at 3650 KRW on Ex-Rights Day, Down 11.62% Despite 29.89% Intraday Gain

According to Korea Exchange, SK D&D closed at 3650 Korean won on September 1, the ex-rights day for its paid-in capital increase, marking a gain of 840 won (29.89%) from the adjusted benchmark price of 2810 won. However, compared to the previous trading day's close of 4130 won, the stock fell 480 won (11.62%). The benchmark price was adjusted downward to reflect share dilution from the new share issuance. The company's first-tranche offering price was set at 2260 won per share on August 28, 26%
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09:18

Thailand's SEC Proposes Allowing Retail Investors Access to Offshore Crypto Derivatives by September 30

According to Cointelegraph, Thailand's Securities and Exchange Commission issued a proposal to allow intermediaries to provide retail investors access to offshore cryptocurrency derivatives. Compliant products must mirror domestic crypto derivatives structures (underlying assets, expiration dates, leverage, settlement methods) and trade on exchanges with central counterparty clearing mechanisms under international regulatory oversight. Non-compliant products will be restricted to institutional i
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09:17

DeFi Development Corp Plans $20M Series C Preferred Share Issuance to Expand SOL Holdings

According to The Block, DeFi Development Corp (NASDAQ: DFDV), a Solana treasury company, announced plans on Monday to issue up to $20 million in Series C perpetual preferred stock at $10 per share with an initial annual dividend rate of 13%. The company intends to use the proceeds to purchase additional SOL and other crypto-related assets. DFDV currently holds approximately 2.33 million SOL, having increased its position by roughly 19,000 SOL last week at an average price of $98.14 per share.
SOL-1.11%
09:15

POSCO Holdings Receives 'Buy' Rating and 490,000 KRW Price Target as Profit Forecast Rises 66%

According to Eugene Investment Securities analyst Kim So-jeong on September 1, POSCO Holdings received a new 'buy' rating with a target price of 490,000 Korean won (approximately $375 USD). The investment bank projects the conglomerate's full-year operating profit will reach 3 trillion Korean won, up 66% year-over-year, driven by stabilized raw material costs and improved margins across steel, energy, and lithium segments. For the third quarter, the bank forecasts operating profit of 430 billion
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09:07

South Korean Retail Investors Net Purchase $70.39B in US Stocks in Two Months as Won Strengthens to 1,360

According to Korea Securities Depository data, South Korean retail investors have net purchased US stocks worth approximately 9.71 trillion Korean won ($70.39 billion) over the past two months. The surge reflects reduced foreign exchange headwinds as the Korean won strengthened to 1,360 against the US dollar—its highest level in 13 months—amid broader shifts away from the domestic KOSPI market. The SOXL ETF, which provides 3x leverage to the Philadelphia Semiconductor Index, emerged as the leadi
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09:07

AI Fiesta Expands Across Southeast Asia With Partnerships in Singapore and Philippines, Reaches 1M+ Users

According to its official statement, AI Fiesta, an Indian consumer AI app founded in 2025, announced on September 1 that it was expanding in Southeast Asia through partnerships with giga in Singapore and Globe Telecom in the Philippines. The tie-ups will integrate AI Fiesta's service into telecom offerings in both markets—gigaFLEX+ plans in Singapore and micro-tiered plans for Globe's prepaid market in the Philippines. The company reported over 1 million registered users across India, Nepal, Bhu
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09:06

Binance Adjusts Collateral Rates for 11 Assets Including ZEC on September 4

According to Binance's official announcement, the exchange will adjust collateral rates for 11 assets on September 4, 2026 at 06:00 UTC, with the update expected to complete within approximately 30 minutes. ZEC's collateral rate will increase from 50% to 70%, while AIXBT, RARE, KSM, CATI, RED, FLUX, PIXEL, RONIN, SAGA, and BICO will decrease from 30% to 10%. SYRUP's rate will rise from 10% to 30%. Users are advised to monitor their uniMMR closely to avoid potential liquidation risks.
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AIXBT-2.26%
KSM2.49%
RED1.42%
FLUX-0.08%
BICO1.96%
09:02

SK Ecoplanet Sells 35.62% SK Ocean Plant Stake for 410 Billion Won Yesterday

According to Korean Credit Rating, SK Ecoplanet sold its 35.62% stake in SK Ocean Plant to D-Ocean Consortium yesterday (August 31) for approximately 410 billion won, aimed at strengthening artificial intelligence infrastructure operations. The credit rater noted that the stake sale's impact on SK Ecoplanet's consolidated operating results will be limited, as SK Ocean Plant accounted for only 3% of group revenues and 2% of operating profit as of end-June. Net debt is estimated to decrease from a
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