Gate Crypto Flash News and Market Updates

According to CoinDesk, roughly 54 million XRP stolen from Bitget has been transferred out of the original hacker-controlled wallets into new addresses, a pattern often preceding liquidation attempts. The breach involved 103 million XRP initially split across five wallets; two accounts holding around 20 million XRP each were nearly completely drained. Approximately 49 million XRP remains in the original accounts. XRP fell 3% over the past 24 hours to $1.47 but retained a weekly gain of 3%, sugges

According to Farside Investors data, U.S. spot crypto ETFs recorded $308.2 million in combined net inflows on September 25, with Bitcoin funds leading at $134.5 million, followed by Ether ETFs at $87 million and Solana funds at $86.7 million. Bitcoin ETFs accumulated approximately $2.39 billion during the September 21-25 trading week, while Ether and Solana ETFs accumulated $689.8 million and $188.1 million respectively, bringing the three-category total to roughly $3.26 billion for the week.

The Bitwise NEAR ETF received SEC approval and NYSE Arca listing clearance on September 24, 2026, setting the stage for shares to begin trading under ticker NRR on September 29. The spot ETF will carry an annual sponsor fee of 0.75% and holds NEAR tokens directly while pursuing additional returns through staking. NEAR's token price recently reached a one-year high near $5 after gaining over 7% in a single day, according to market reports.

Bitcoin dropped 2% intraday, trading at $82,788 as of September 28.

According to the World Bank's Philippines Public Finance Review released on Monday (Sept. 28), the institution recommends capping unprogrammed appropriations (UA) at 5% of the General Appropriations Act to enhance budget scrutiny and prevent discretionary spending from bypassing normal oversight processes. The proposal comes after UA ballooned in recent years, averaging P769 billion annually (equivalent to 12-15% of budgets), allowing expenditures outside the regular budget framework. The propos

According to Beijing's Shijingshan District police, officers froze 780,000 yuan on September 24 in a cross-border telecom fraud operation targeting Chinese citizens abroad. The case involved multiple victims, including a 53-year-old Beijing resident and overseas students, who were coerced by scammers posing as police officers into transferring funds through cryptocurrency exchanges. The fraudsters falsely claimed victims were implicated in criminal cases and forced them to convert funds into USD

According to World Advanced Chairman Fang Lüe on September 28, VSMC Phase 1 has achieved full customer bookings and the company is accelerating Phase 2 planning, potentially moving toward 28/22nm manufacturing processes. Phase 1 capacity is anticipated to reach full utilization by 2029, producing 44,000 twelve-inch wafer starts monthly. Fang Lüe noted that VSMC is on track to begin limited risk production in Q4 2026, with formal mass production scheduled for Q1 2027. Initial products will includ

According to Macquarie analysis reported by the Australian Financial Review on Sept 28, Australia's building and infrastructure approvals have surged to as high as 11% of GDP, marking the steepest growth since 1973. The construction boom, driven by simultaneous projects including AI data centers, renewable energy infrastructure, and 2032 Brisbane Olympics-related public works, has severely strained labor supply and materials costs, directly fueling inflation. Core inflation rebounded to 3.6% fro

Brent crude oil reached $100 per barrel today, climbing 2.70% intraday.

According to ZhiTong Financial, Robotic Technology (03757) dark board trading opened down 5.96% to 410 HKD per share today (September 28), with trading losses of 1,300 HKD per hand (50 shares). The company's IPO offering price was set at 436 HKD per share ahead of its Hong Kong listing scheduled for September 29.

According to Signal, South Korea's National Pension Service announced on September 28 that it will introduce artificial intelligence starting next year to strengthen oversight of environmental, social, and governance (ESG) activities at invested companies. The AI system will monitor KOSPI-listed companies, KOSDAQ 150 constituents, and approximately 300 firms in which the pension fund holds stakes of 5% or more, including their subsidiaries. The fund will use AI to identify ESG-related issues, as

According to Zhitong Caijing and Livermore Securities gray market data, Kingwong Electronics (03228) is set to list on Hong Kong Exchange on Sept 29. In early gray market trading today, the stock was quoted at HK$65.20, down 6.70% from the IPO price of HK$69.88, resulting in a loss of HK$468 per 100-share lot.

According to Financial News, South Korea's Korea Securities Depository (KSD) and Korea Securities Finance signed a 1 trillion won securities-backed loan agreement on September 28 to ease foreign financial institutions' settlement burden. Under the agreement, if institutional settlement participants fail to make payments, Korea Securities Finance will provide liquidity to KSD using the participant's pledged securities as collateral. The measure aims to reduce cash settlement pressure on foreign f

According to Bithumb, cryptocurrency assets declined sharply on September 28 afternoon. Bitcoin fell 1.77% to around 112 million KRW from midnight, while Ethereum dropped 1.4% and XRP slid 2.2%, indicating major digital assets retreated after rallying the previous week.

According to KuCoin, the exchange has officially completed the rebranding of Avantis (AVNT) to Veranta (AVNT). Trading, deposit, and withdrawal services will remain unaffected by the change. The rebranding maintains the same token symbol (AVNT) and ensures service continuity for users.

According to on-chain analyst Ai 姨 monitored via BlockBeats, Bitget transferred 2,042.28 BTC (approximately $169 million) from its 5,500 BTC protection fund to hot wallets on September 28, following the opening of BTC withdrawal access. The remaining 3,457.72 BTC remains on-chain. Analysts note this represents advance transfers into hot wallets to support potential withdrawals, rather than actual withdrawal volumes.

Tsingcheng New Materials (09607) saw its IPO gray market price fall over 11% earlier today (Sept 28), with each lot trading at a loss of HK$520. The company is set to list on the Hong Kong Stock Exchange on Sept 29 (Tuesday).

According to Morningstar citing Goldman Sachs research, S&P 500 earnings are expected to jump 26% in the third quarter, following a massive 51% surge in Q2. However, Goldman Sachs forecasts earnings growth will slow to approximately 11% in both 2027 and 2028, suggesting the current profit boom may not be sustainable as the AI investment cycle matures.

According to Shanghai Securities Report, Jingdong 101HOME's first global flagship store officially opened in Shanghai's Jing'an district on September 28. The store is positioned as a lifestyle experience space combining retail, art curation, and social activities.

According to Al Jazeera, on September 28, Iran's Deputy Chief of Military Staff Habibollah Sayyari claimed that Tehran maintains complete control over the Strait of Hormuz. Sayyari stated: "Despite enemy rhetoric, the fact is that the Strait of Hormuz is completely under our control. We take decisive action in the northern Oman Sea and eastern Hormuz Strait, allowing no one to pass through." He added that waters west of the Strait, the Strait itself, and the Persian Gulf are controlled by Iran's