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
15:08
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Seoul National University Finance Alumni Used Unpublished M&A Data to Earn 20+ Billion Won, South Korean Regulators Uncover

According to South Korea's financial authorities, on September 29, a group of five to six financial executives who met through Seoul National University's business club exploited unpublished mergers and acquisitions information to generate over 20 billion won in illegal gains over approximately five years. The suspects, who held positions at private equity firms and listed companies, shared material non-public information obtained during their work, purchasing stocks before public disclosure and
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15:08
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Ethereum Slashes Transaction Confirmation from 200 to 8 Seconds; Buterin Outlines Quantum-Resistant Roadmap

According to Decrypt, on September 29, Vitalik Buterin outlined Ethereum's 10-year development roadmap in an essay titled "The Cryptographic World Computer." Buterin stated that Holesky, the network upgrade scheduled for next year, will likely be Ethereum's last "normal" fork upgrade. The roadmap aims to reduce transaction confirmation time from approximately 200 seconds to 8–32 seconds while enhancing security and privacy. Future upgrades will introduce recursive STARKs (Scalable Transparent Ar
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ETH1.66%
15:07
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EU Member States Push for China-Focused Trade Tool on September 29, China Warns of Response

According to China's Commerce Ministry, multiple European Union member states are pushing the European Commission to develop a China-focused trade tool modeled on the U.S. Section 301 mechanism on September 29. China's Commerce Ministry spokesperson stated that such protectionist and unilateral measures would not resolve issues and could disrupt China-EU trade and global supply chain stability. The spokesperson warned that if the EU proceeds with discriminatory restrictions against Chinese enter
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15:06
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Norco Technology Posts HK$480M Loss for FY2026, Swings From Prior-Year Profit of HK$9M

Norco Technology (00519) posted a loss attributable to shareholders of HK$480 million for the fiscal year ended June 30, 2026, according to its annual financial results announced on September 29. This marks a swing from a profit of HK$9.046 million in the prior year. Revenue declined 8.32% to HK$30.984 million, and the company recorded a loss per share of HK$15.7 cents. The loss was primarily driven by a net decrease in fair value of investment properties of HK$494 million, alongside impairment
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15:03
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China Futures Mixed as of Market Close on Sept 29; Synthetic Rubber Up 5%

As of 23:00 close on September 29, China's futures market showed mixed performance across major contracts. Synthetic rubber led gains with a 5% surge, followed by No. 20 rubber and rubber up over 3%, and soybean oil and soybeans up nearly 2%. On the downside, low-sulfur fuel oil (LU), liquefied petroleum gas (LPG), fuel oil, and asphalt declined over 1%.
15:03
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Iran War Polymarket Odds: $33.5M Placed on 2027 Blockade End, Trading at 74.5% Yes

According to Polymarket data, the Iran War contract pricing a U.S. announcement ending the naval blockade of Iran no earlier than March 31, 2027, traded at 74.5% Yes as of September 29. The event has logged over $33 million in cumulative volume since launch. However, the March 31 contract carries thin volume of just $24,290, meaning its 74.5% print reflects a smaller pool of capital than the headline suggests. Nearer-term contracts show heavier trading: the September 30 deadline has drawn $5.2 m
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15:03
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Metaplex Launches MPL-3643 Standard for Tokenized Securities on Solana

Metaplex has launched MPL-3643, a new standard for tokenized securities and permissioned real-world assets on Solana. The standard incorporates issuer-controlled compliance features including transfer restrictions, lockups, and jurisdictional limits to address regulatory concerns and facilitate broader institutional adoption of tokenized assets on the blockchain.
SOL1.84%
15:01
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TBKS HLDGS Reports 32.95M MYR Net Loss for FY2026, Revenue Down 22.6% to 78M MYR

According to Zhitong Finance APP, TBKS HLDGS (01960) reported annual results for the fiscal year ended June 30, 2026, with revenue of 78 million Malaysian ringgit, down 22.6% year-over-year. The company posted a net loss attributable to shareholders of 32.95 million ringgit, up 16.3% YoY, with basic earnings per share loss of 3.30 sen.
15:01
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Jinxin Reproductive Plans 1.93 Billion Yuan Asset-Backed Securities Issuance on Shanghai Exchange

According to an announcement by Jinxin Reproductive (01951), the company plans to issue asset-backed securities with a total fundraising scale of approximately 1.93 billion yuan, pending approval from the Shanghai Stock Exchange. The securities will be listed and traded on the exchange. The company expects to receive net proceeds of approximately 1.2 billion yuan after subscribing for about 20% of the asset-backed securities. According to the company's June 30, 2026 financial position, the issua
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15:01
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SHHHHH Launches Claim Guide; Estimated Fee Around $2.5

According to Odaily, SHHHHH has released a claim guide with estimated transaction fees of around $2.5 based on current mempool rates. The platform will open claims soon. SP1 wallet addresses must match those submitted to the linked X account, while BC1P wallets require UniSat wallet addresses. Tokens are minted using a queue system and may take time to arrive. The project recommends reserving additional Bitcoin to cover potential fee increases.
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BTC0.89%
15:00
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Stride Chain to Cease Operations; stToken Redemptions End October 12, Migration to Osmosis

According to Odaily, Cosmos ecosystem liquid staking protocol Stride announced plans to orderly cease Stride chain operations. Users can redeem stTokens directly on Stride until October 12; redemption functionality will then pause. Once underlying staked assets complete unlocking, redemption pools are expected to launch on Osmosis by November 20. stTokens will not expire and require no user action before migration. stATOM, stOSMO, and other stTokens deployed on external chains need not bridge ba
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OSMO2.32%
ATOM4.87%
14:58
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Blockworks Launches Blockworks Intel On-Chain Intelligence Tool Integrating Messari Data on Sept 29

On September 29, Blockworks launched Blockworks Intel, an on-chain market intelligence platform combining self-built data with acquired Messari resources, according to PANews. The tool enables users to screen, conduct due diligence, and monitor over 40,000 assets across multiple dimensions including 30-day revenue, unlock schedules, development activity, market attention, and sentiment. Users can generate filter conditions through natural language and save monitoring lists. The platform consolid
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14:55
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Kuwait International Petroleum Announces Month-Long Fuel Price Caps in Italy From October 1

According to state news agency Xinhua, Kuwait International Petroleum Company (Q8) announced on September 29 that it will implement price caps on gasoline products at its Italian gas stations starting October 1 for one month. Italian energy company Eni and Azerbaijan's State Oil Company (SOCAR) have made similar commitments to support the Italian government's oil price stabilization plan.
14:53
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Aiden Pleterski Criminal Trial Begins Oct. 5 Over $30 Million Crypto Fraud Allegations

According to Canadian authorities, Aiden Pleterski's criminal trial begins Oct. 5 over allegations he defrauded investors of approximately $30 million through a cryptocurrency investment scheme between 2021 and 2022. The Canadian crypto personality faces charges of fraud and money laundering in Ontario's Superior Court of Justice, with the trial expected to last around four weeks. Prosecutors allege Pleterski solicited investments by claiming he could generate large weekly profits through digita
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