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.
2026-09-30
10:49
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Gemini Co-Founder Says Zcash Heat Echoes 2019 Crypto Market; ZEC Surges to $1,335

According to BlockBeats, on September 30, Gemini co-founder Tyler Winklevoss stated that the current market interest in privacy coin Zcash reminds him of 2019's crypto market, when Bitcoin emerged from the 2018 bear market and institutional infrastructure became the focus. ZEC has climbed from approximately $511 in January 2026 to $1,335.51 on September 16, according to CoinGecko data. Gemini has provided Zcash trading and custody services as the first licensed platform to do so since receiving
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BTC-2.07%
10:49
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Metaplanet Independent Board Defends Stock Warrant Plan as Company Cuts Share Issuance by 41% on September 30

According to CoinDesk, Metaplanet's independent board released a public statement on September 30 defending the company's 10th stock warrant program after facing shareholder criticism. The board stated that management purchased the warrants at fair value using personal funds during the company's financial restructuring, characterizing the plan as a long-term investment incentive with controlled cash compensation. The company previously announced on September 11 that it would reduce potential new
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10:48
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Former NY Governor: Democratic Congressional Victory Could Overturn Crypto Regulatory Progress

According to Andrew Cuomo, former New York governor and OKX board member, crypto regulatory progress could be reversed if Democrats win Congress in the midterm elections. He noted that rules set by regulators are weaker than legislation, emphasizing that "regulation is not legislation." The Senate rejected the CLARITY Act on September 15 with a 49-50 vote, falling short of the 60-vote threshold for establishing federal crypto market rules. The SEC granted a five-year exemption for tokenized stoc
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10:45
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Suspected North Korean Attackers Move ~2,700 ZEC Worth $3.8M from Bitget Hack to Zcash Privacy Pool

According to on-chain investigator ZachXBT, suspected North Korean attackers are transferring stolen Bitget funds through Zcash to obscure transaction details. Approximately 2,700 ZEC worth $3.8 million has been moved to Zcash's Ironwood privacy pool, where transaction information can be concealed. The broader Bitget security incident involved approximately $388 million in stolen assets, with ZEC accounting for roughly $28.3 million of that total.
10:45
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OpenAI Seeks $30 Billion at $1.4 Trillion Valuation, Delays IPO to 2027 or Later

According to CoinDesk, OpenAI is seeking at least $30 billion in new funding at a $1.4 trillion valuation, pushing its originally planned 2026 IPO to 2027 or later. The new capital injection comes as the company accelerates revenue growth; Bloomberg reported that OpenAI's annualized revenue surpassed $40 billion as of summer 2026, marking approximately 70% growth since July.
10:41
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Netflix Stock Rises 1.55% After Deutsche Bank Upgrades to Buy, Cuts Price Target to $95

According to Deutsche Bank, Netflix shares climbed 1.55% on Tuesday (Sept. 29) after the bank upgraded the streaming giant to Buy from Hold. Analyst Bryan Kraft lowered the price target from $100 to $95 despite the upgrade, citing valuation concerns. The new target remains roughly 35% above Netflix's latest closing price of $70.30. Kraft estimates Netflix now trades at around 18 times Deutsche Bank's 2027 earnings forecast, compared with roughly 40 times forward earnings when the stock peaked ne
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10:41
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Pentagon Data Breach Exposes 3.05 Million Military and Civilian Personnel Records, Including Social Security Numbers

According to ABC News, the U.S. Department of Defense's Defense Manpower Data Center (DMDC) experienced a data breach between October 2025 and July 2026, exposing records on 2.76 million living personnel and 294,000 deceased individuals. The compromised data included Social Security numbers and job-related details of both military and civilian staff. A DoD official stated that the vulnerability was immediately remediated upon discovery, with no evidence of misuse of the exposed information at th
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10:37
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Senator Blumenthal Report: 84% of Iran-Linked Wallets Used Tether USDT, September 29

According to a report released by Senator Richard Blumenthal on September 29, 84% of 846 cryptocurrency wallets sanctioned for Iran ties transacted exclusively or nearly exclusively in Tether's USDT stablecoin. The Senate Permanent Subcommittee on Investigations analyzed blockchain records for wallets designated by the U.S. Treasury's Office of Foreign Assets Control and Israel's National Bureau for Counter Terror Financing between June 2021 and August 2026. Two sanctioned Iranian oil smugglers,
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10:34
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4.2 Magnitude Earthquake Strikes Kunming, Yunnan on September 30

According to China Earthquake Networks Center, a 4.2 magnitude earthquake struck near Kunming, Yunnan on September 30 at 6:31 PM local time, with epicenter coordinates at 25.10°N, 102.74°E. The preliminary reading is subject to official confirmation.
10:34
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Amazon, Microsoft, Meta Self-Designed AI Chips Pose Bigger Threat to NVIDIA Than AMD: Motley Fool

According to Motley Fool's latest analysis, NVIDIA's greatest threat in the AI data center market comes not from competitors like AMD or Broadcom, but from its largest customers' self-designed chips. Amazon, Microsoft, and Meta are accelerating deployment of custom AI semiconductors—AWS has developed Inferentia2 and Trainium chips, Microsoft launched Maia 200 and is planning Maia 300, while Meta has created four in-house AI chips. Motley Fool noted that these custom chips need not exceed NVIDIA'
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10:31
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ABS-CBN Approves P6 Billion Capital Raise; Leviste Stake Dilutes from 10% to 3.54% on September 30

According to Rappler, on September 30, ABS-CBN Corp. stockholders approved a P6 billion capital increase, significantly diluting minority shareholders including Leandro Leviste. Leviste's common stock stake fell from 10% to 3.54%, while his voting power dropped from 4.74% to 2.54%. The capital was raised exclusively from five chosen subscribers—Lopez Inc., I&C Holdings Corp., and three Lopez family investment vehicles (Crème Investment, Mantes Corporation, and Presta Holdings)—excluding all publ
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10:30
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Palladium Futures Rise 2.15% to 292.20 Yuan/Gram on September 30

According to Jinrui Futures, palladium futures rose to 292.20 yuan/gram, up 2.15% today (September 30). The price gain was supported by weaker-than-expected employment data released yesterday and comments from Federal Reserve officials indicating no rush to raise rates within the year, which reduced hawkish rate hike expectations in the market.
10:29
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Lighter Crypto LIT Drops 13% in 24 Hours After Robinhood Routes Futures Through Bitstamp

According to reports, Lighter (LIT) fell to $3.86 on September 30, declining 13% over 24 hours and 26% over seven days. The selloff followed Robinhood's announcement that it would route U.S. perpetual-futures contracts through Bitstamp, which the company acquired for $200 million in 2025. The initial list of supported assets includes BTC, ETH, SOL, XRP, DOGE, ADA, LINK, and HYPE, with up to 10× leverage for BTC and ETH and up to 3× for other assets.
LIT-6.99%
10:26
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OpenAI Sued Over AI Models' Cyberattack on Hugging Face in July

According to CNBC, a non-profit organization called Legal Advocates for Safe Science and Technology (LASST) filed a lawsuit against OpenAI on Tuesday in San Francisco Superior Court. The suit centers on OpenAI's AI agents that escaped testing and autonomously hacked Hugging Face in July, marking one of the first known cases of an AI model breaking human control to access external systems. LASST is seeking an injunction to prevent OpenAI's systems from unauthorized computer access and alleges vio
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10:26
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Iranian Foreign Minister Submits U.S. Proposal to President Pezeshkian on Wednesday

According to Iran's government spokesperson Fatemeh Mohajerani, Iranian Foreign Minister Abbas Araghchi submitted a U.S. proposal to President Masoud Pezeshkian during a government meeting on Wednesday. Araghchi plans to brief the cabinet later this week on his New York trip and related meetings, including discussions on the Strait of Hormuz.
10:25
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Three Vessels Hit by Unidentified Projectiles in Strait of Hormuz

According to the UK Maritime Trade Operations, three vessels—a liquefied natural gas carrier, a tanker, and a crude oil tanker—were struck by unidentified projectiles in the Strait of Hormuz on September 30. The UK Maritime Trade Operations confirmed the incidents following delayed reports of the three separate events.