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
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Oracle Stock Falls 3.64% After Fresh Layoff Round Begins on Sept. 14

Oracle initiated a new round of layoffs on Monday, Sept. 14, as the software giant continues its restructuring effort to fund AI infrastructure expansion. Affected U.S. employees received early-morning emails informing them their positions were eliminated effective immediately. The exact number of employees impacted has not been disclosed, though earlier reports indicated some teams could face double-digit percentage reductions. Severance packages included four weeks of base pay plus one additio
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04:52
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CoinEx to Cease All Operations by December 22, Cites Market Struggles

According to WuBlockchain, CoinEx announced today it will cease all operations by December 22, 2026, citing prolonged market downturn, shrinking trading volumes, and rising compliance costs. New registrations stop immediately; futures trading transitions to reduce-only mode on September 15; all non-spot services end on September 22; spot trading ceases on September 29.
04:52
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Bitcoin's Post-Quantum Roadmap Advances with P2MR and SHRINCS Proposals

According to Protocol Watch founder Christine D. Kim, Bitcoin's post-quantum security roadmap is gaining clarity with focus on two key proposals: Pay-to-Merkle-Root (P2MR) and SHRINCS. The BIP-360 draft aims to reduce long-term public-key exposure while creating an upgrade path for future quantum-resistant signatures. P2MR is designed to enhance Bitcoin's security by mitigating risks associated with quantum computing, while SHRINCS, a hash signature scheme developed by Blockstream Research, is i
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BTC-0.09%
04:49
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Nokia Stock Rises Over 1% Overnight as Rosenblatt Initiates Buy Coverage With $15 Price Target

According to Rosenblatt Securities, Nokia (NOK) stock rose over 1% overnight after the firm initiated Buy coverage with a $15 price target, implying 55% upside. Rosenblatt called Nokia an AI optical powerhouse trading at a potentially conservative valuation, citing the company's growing optical networking business and positioning to benefit from expanding AI infrastructure demand. The firm highlighted Nokia's meaningful exposure to scale-across optical networking, a specialized data center inter
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04:49
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FAO Warns Hormuz Strait Disruptions to Cut Global Grain Production Through 2027

According to FAO official Oleg Kobyakov, shipping disruptions in the Strait of Hormuz are projected to reduce global grain production and supply from the second half of 2026 through 2027. The disruptions will drive grain prices higher and disrupt fertilizer supply chains, particularly for urea exports from the region, potentially intensifying food shortages in countries already facing long-term or severe food crises.
04:48
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About $16.6B in Bitcoin and Ethereum Options Expiring in Q3, Bullish Positions Dominant

According to Coinbase Markets, approximately $16.6 billion in Bitcoin and Ethereum options positions are set to expire in Q3 2026. Bitcoin accounts for roughly $14.73 billion of the total with 186,000 open contracts, while Ethereum represents about $1.92 billion with 756,100 open contracts. Both markets show bullish positioning dominance. Bitcoin's put-to-call ratio stands at 0.52 with a maximum pain point at $72,000, while Ethereum's ratio is 0.57 with a maximum pain point at $2,200. Long calls
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04:44
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Ethereum, Base Developers Halt Account Abstraction Alignment, Pursue Separate Standards

According to Ethlabs developer Derek Chiang, Ethereum and Base developers stopped collaborating to align account abstraction proposals EIP-8130 and EIP-8141 last week. The two sides diverged on their core priorities: Ethereum prioritizes censorship resistance, privacy, and security, while Base is optimizing for scale, customization, and compliance. "While we identified a number of technical solutions, they all required one side or the other to compromise at least a little bit on their core goals
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ETH-0.89%
04:44
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IBK Securities Rejects Two Auditor Proposals as Minority Shareholders Vote Down Management Slate on September 15

According to Yonhapinfomax, on September 15, IBK Securities held a shareholder meeting where minority shareholders voted down two auditor appointment proposals. The proposals were rejected with 6.03 million opposing votes against 5.28 million supporting votes, representing approximately 4.8% of issued shares. The rejections occurred under South Korea's 3% voting cap rule for majority shareholders, which limited IBK Bank's stake to 3% despite its larger ownership. Minority shareholders coordinate
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ARK Invest Unloads $65 Million in Crypto Holdings on Monday, Trimming Coinbase and Circle

According to ARK Invest Tracker, Cathie Wood's ARK Invest unloaded more than $65 million worth of crypto-related holdings on Monday, selling shares across Coinbase, Circle, Bitmine, Bullish, and its own Bitcoin ETF product, ARKB. The company sold approximately 1.87 million shares in total, including 1.5 million ARKB shares for about $40 million and 142,350 Circle shares for nearly $14 million. The moves align with ARK's documented strategy of selling strength during market rallies to rebalance p
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BTC-0.09%
04:44
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Tokenized Gold Reaches $5.1B On-Chain, Hits 0.02% of $30.1T Global Market

Tokenized gold reached approximately $5.1 billion in on-chain value as of recent data, representing less than 0.02% of the estimated $30.1 trillion global gold market. The sector is dominated by two tokens: Tether Gold (XAUt) with $2.4–2.7 billion in market cap and Pax Gold (PAXG) with $1.8–1.9 billion, together commanding 89–98% of all tokenized gold supply. The market has more than tripled since late 2024, when on-chain tokenized gold sat below $1.5 billion. In the first quarter of 2026, spot
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XAUT-0.58%
04:43
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China's Urban Unemployment Rate Reaches 5.3% in August, Up 0.1 Percentage Points as New Graduates Enter Labor Market

According to the National Bureau of Statistics, China's urban unemployment rate reached 5.3% in August, up 0.1 percentage points from July, driven by seasonal inflows of new graduates entering the labor market, spokesman Fu Linghui said at a State Council Information Office press conference. The unemployment rate for the core working-age population (ages 30-59) held steady at 3.9%, unchanged from July and year-over-year, indicating overall employment stability. Manufacturing employment remained
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04:43
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Bill Gates: China and U.S. Each Have Four Leading AI Models, Eight Global Leaders Close in Performance

According to Bill Gates on September 15, the U.S. and China each have four or more institutions with models maintaining the most advanced level. The performance gap between the highest-scoring model and the next seven leading models is relatively small. Gates added that the world's top eight large language models have already surpassed the best performance from four months ago, with China and the U.S. entering intense competition in talent and computing power.
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Solana Activates Transaction V1 on Mainnet, Expanding Max Transaction Size to 4,096 Bytes on September 15

According to Crypto Briefing, Solana activated Transaction V1 on mainnet on September 15 at approximately 01:20 UTC (epoch 1035), expanding the maximum transaction size from 1,232 bytes to 4,096 bytes—a 3.3x increase. The upgrade, driven by Solana Improvement Documents SIMD-0296 and SIMD-0385 and implemented by Anza, enables atomic execution of zero-knowledge proofs, large multisig configurations, and confidential transfers in a single on-chain operation. Legacy and v0 transaction formats remain
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SOL0.18%
04:43
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Tencent Cloud Partners with U Mobile on 5G and AI in Malaysia

Tencent Cloud and U Mobile signed a memorandum of understanding on September 14 in Kuala Lumpur to explore 5G and AI solutions for enterprises and small and medium-sized businesses. The partnership will combine U Mobile's ULTRA5G network and enterprise customer base with Tencent Cloud's AI and cloud capabilities to develop and test applications. Successful use cases will progress through pilot deployments to commercialization and sales. Tencent Cloud described the deal as its first official AI-f
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Chile Becomes First South American Country to Eliminate Dog-Mediated Human Rabies

According to the World Health Organization on September 14, Chile has become the first country in South America to eliminate dog-mediated human rabies, following over 50 years of sustained public health prevention and monitoring efforts. The organization noted that Chile's last recorded case of dog-mediated human rabies occurred in 1972, after which the country eradicated the disease through mass pet vaccination campaigns, post-exposure prophylaxis for at-risk populations, improved dog managemen
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ECB Vice President Warns AI-Driven Asset Valuations Risk Market Pullback on Sept 15

According to Jin10, European Central Bank Vice President Bovic warned on Monday (September 15) that market valuations driven by artificial intelligence hype are susceptible to correction. "These price-to-earnings and forward price-to-earnings ratios are unprecedented or unseen for a long time," he stated, adding that while these valuations could eventually prove justified, "the related risk exposure is enormous and increasing." He cautioned that massive capital inflows into the sector pose signi
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Hedge Fund Urges Samsung to Buy Back Preferred Shares Trading at 26% Discount on September 14

According to Life Asset Management, on September 14, the hedge fund urged Samsung Electronics to repurchase and cancel its preferred shares, which are trading at approximately 26% discount to the company's common stock. Life Asset Management has asked Samsung's board to review the proposal at its October meeting, with share cancellations targeted for completion by December. Samsung announced a massive shareholder-return plan in August worth up to 110 trillion won (approximately $81.8 billion) th
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04:42
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Tokenized Stocks Hit $1B DEX Volume in 30 Days, SPYx Leads on Solana

Tokenized equities platform xStocks achieved over $1 billion in decentralized exchange trading volume in the past 30 days, with SPYx, a tokenized version of the SPDR S&P 500 ETF, driving the surge. Raydium, an automated market maker on Solana, processed approximately 75% of the flows. SPYx has attracted between 63,000 and 73,000 holders with an on-chain market cap ranging from $46 million to $73 million. On September 14, xStocks expanded its ecosystem by launching yield-generating vaults for SPY
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SOL0.18%
RAY-3.54%
KMNO-0.24%