Gate Crypto Flash News and Market Updates

According to GMGN data, BUILD, a meme token on BNB Chain, crashed 72% in 24 hours, with its market cap now at $5.88 million as of September 9.

According to HyperliquidNews, elevated funding rates for WTIOIL and BRENTOIL are a normal market phenomenon caused by futures contract rolling arrangements. Oracles reference futures contracts with expiration dates, making higher funding rates expected during rollover periods. COPPER and NATGAS experience the same dynamics.

According to Odaily, PORM crashed to $0.27 overnight today (September 9), now trading at $0.29, down 21% in 24 hours.

According to Lebanon's official news agency, UN Secretary-General António Guterres expressed concern over Israel's military operations escalation in and around Nabatieh in southern Lebanon, calling for an immediate halt to hostilities in the region.

According to Yonhapinfomax, on September 9, Koryoac's interim shareholders' meeting approved Baek In-kyu, a Dankook University professor and former Deloitte Korea executive, as an independent audit committee member with 81.8% approval votes (approximately 5.09 million shares out of 6.225 million total). The candidate backed by Youngpoong and MBK Partners, Park You-kyung, garnered only 27.3% support and was rejected. The board expanded from 14 to 19 members, with Choi Yun-beom's faction holding 1

According to documents obtained by The Intercept via FOIA litigation, the U.S. Defense Department requested a custom AI version from OpenAI with "minimal refusal rate" for military instructions in a two-year contract worth up to $200 million in 2025. The phrase appeared in a contract update for prototype development covering logistics, intelligence decision-making, and combat operations. OpenAI and the Defense Department both disputed the claim, stating the phrase was part of an early draft and

According to Jin10, JPMorgan on September 9 expanded its global corporate banking operations to Greece, appointing Konstantinos Makrydakis as head of corporate banking for large and mid-sized clients in the country. Stelios Papadopoulos continues as senior country manager for Greece, Cyprus, and Malta. The move comes as Greece emerges from a decade-long debt crisis with economic growth now exceeding many European peers and unemployment at its lowest level since 2008. The country regained investm

According to BitcoinTreasuries, on Sept 9, CleanSpark reduced its Bitcoin holdings by 228 BTC, bringing its total position to 13,703 BTC.

According to recent announcements, MeteoraAG has added launchpad support for Solana, integrating platforms including Believe, Bags, Jup Studio, and Moonshot. The enhancement allows users to create token pairs with any Solana token, including tokenized stocks and real-world assets (RWAs). This expansion aims to increase market accessibility and user engagement within the Solana ecosystem.

According to Infomax, on September 9, the USD/JPY exchange rate declined 0.35% to 153.379 yen as of 2:06 p.m. Tokyo time. The drop was driven by accelerating expectations of a faster Bank of Japan rate hike, prompting traders to unwind accumulated short-yen positions. The BoJ is expected to raise its policy rate from 1.0% to 1.25% at its monetary policy meeting scheduled for September 17–18, with market participants anticipating potentially faster rate increases in the near term. Upward pressure

According to Yonhap Infomax, SK Innovation and SK IE Technology announced on Sept 9 that they will hold consecutive shareholder forums on Sept 14-15 to discuss their planned merger. SK Innovation will host sessions at 3:30 p.m. on Sept 14 and 3 p.m. on Sept 15, while SK IE Technology will hold separate forums at 5 p.m. on both days. The companies will present merger rationale, business synergies, and financial restructuring benefits, followed by Q&A sessions. The additional forums follow South K

According to EdDaily, South Korea's stock exchange announced on September 9 that the KOSDAQ 150 index calculation methodology will remain unchanged following the introduction of the new tier system dividing the market into Premium, Standard, and Management segments. Existing ETF products tracking the KOSDAQ 150 will maintain their current structure, with no forced fund consolidation or product conversion for investors. The exchange is simultaneously preparing segment-specific indices, ETFs, and

Block submitted an application Tuesday to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust, a national trust bank offering custody and fiduciary services for Bitcoin and stablecoins, according to the company. The proposed institution would not accept deposits or make loans and would operate under OCC supervision. Lee Woolley, Block's digital asset strategy lead, would serve as president and CEO.

According to founder Jonathan Liem, Singapore-based Nex AI shuts down today after about three years of operation. Liem said he and co-founder Jeremy Soo are exhausted and no longer want to spend the next decade building enterprise data infrastructure. Founded in 2023, Nex AI went through several product iterations and eventually signed its first seven-figure enterprise contract before the founders decided to shut down.

According to Coinglass data, Binance saw net inflows of 69.19 million USDT in the past hour.

According to Coinglass data, 39.8 million USDT transferred into Binance on September 9 at 15:42 UTC from an unknown wallet.

According to Bernstein's September 8 report, global semiconductor sales in July increased 131% year-over-year, though declined 9.5% month-over-month. Memory chip sales surged 452% year-over-year and contributed approximately $355 billion in new revenue for the year, accounting for nearly 70% of the industry's year-to-date growth of 111%. Excluding memory chips, semiconductor sales still grew 35% year-over-year. Individual product categories outperformed typical seasonal patterns, with DRAM decli

OpenAI on Tuesday (Sept. 8) launched ChatGPT Images 2.5, its next-generation image generation model, now available to ChatGPT, ChatGPT Work, and Codex users. The new model reduces generation latency by up to 50% compared to the previous version and improves lighting naturalism and texture detail. The platform has now generated over 3 billion images per week through ChatGPT Images and API. Key features include in-image commenting for local edits, a new "Sketch" function to convert hand-drawn sket

According to Dalian Exchange warehouse data released by Jin10 on September 9, petrochemical futures warehouse receipts showed the following changes: polyethylene (PE) stood at 4,243 contracts, flat from the previous trading day; polyvinyl chloride (PVC) rose to 118,606 contracts, up 17 contracts; polypropylene (PP) totaled 27,069 contracts, down 64 contracts; ethylene glycol (EG) fell to 1,176 contracts, declining 500 contracts; liquefied petroleum gas (LPG) reached 5,228 contracts, up 93 contra