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
13:43
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Ondo Finance Shopped to Buyers After Founder Nathan Allman's Death in May

People familiar with the matter said Ondo Finance was presented to potential buyers after founder and CEO Nathan Allman died on May 25 at age 32. Ondo strongly denied that the company itself pursued the outreach, with a spokesperson stating that "nobody at the company has shopped it for sale, been in sales talks, or engaged or asked anyone to do so on its behalf." Allman died without a will while holding a controlling stake in the $3.8 billion tokenized asset platform. His estate passed to his p
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ONDO15.47%
13:41
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Mint.io Expands Cross-Game Player Economy With 200% XP Boost Ahead of MNTD Launch

Mint.io has expanded its Web3 player economy across its full platform, connecting multiple games through shared progression infrastructure ahead of the planned MNTD token launch. Players can earn XP through eligible activity, advance through ranks, and compete in prize pools, with progression tracked across supported games rather than confined to individual titles. Eligible activity has received a 200% XP boost during the pre-launch period. Players' accumulated leaderboard positions are expected
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13:41
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Jumper Launches JUMP Token Sale via Legion, Spins Off from LI.FI on Sept 25

According to BlockBeats, on September 25, multi-chain DEX Jumper launched its JUMP token sale through Legion and split off from LI.FI as an independent company. Jumper has processed over $40 billion in cumulative trading volume with over 100,000 monthly active users, holding a market-leading 15% share of cross-chain swap aggregation. The token sale marks Jumper's first fundraising, with proceeds allocated to product development, user acquisition, and market expansion.
13:37
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IRS Issues New Crypto Tax Rules on September 25; Investors Must Self-Report Gains Despite Incomplete Exchange Data

According to Cointelegraph on September 25, the U.S. Internal Revenue Service (IRS) issued new crypto asset reporting requirements. For 2025 transactions, brokers must report sales proceeds but typically do not need to report cost basis; starting 2026, brokers must report cost basis for eligible digital assets. The IRS emphasized that taxpayers must report crypto-related income and capital gains even without receiving Form 1099-DA. A survey by Awaken Tax of 1,000 U.S. crypto investors found that
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13:32
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KuCoin Launches 20x MOONSHOTUSDT Pre-IPO Perpetual Contract on September 23

According to Bitcoinist, KuCoin launched a MOONSHOTUSDT pre-IPO stock index perpetual contract linked to Beijing Moonshot AI Technology on September 23. The contract trades with up to 20x leverage and settles in USDT on a 24/7 basis. Each contract represents 0.1 MOONSHOT exposure under KuCoin's index methodology, based on an estimated one billion share count. Traders gain synthetic price exposure to the Chinese AI company behind the Kimi assistant, but do not acquire actual equity ownership, vot
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13:32
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Ethereum Holds $2,717 as ETF Buyers Return Amid 19-Year Treasury High

According to CoinGecko, Ethereum was trading at $2,717.02 as of 13:10 UTC on September 25, up 2.4 percent on the day, with prices confirmed across Coinbase ($2,713.93) and Kraken ($2,714.05). US spot ether ETFs recorded net inflows on four consecutive sessions from September 21 to 24, totaling $270 million, $162.2 million, $104.5 million, and $66.01 million respectively, per SoSoValue data. On September 24, no US spot ether ETF registered an outflow, marking a shift from a $140 million net outfl
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ETH1.50%
13:31
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Dragonfly Partner Haseeb: AI Extinction Risk Must Be Ruled Out Before Accelerating Development

According to Odaily, Dragonfly managing partner Haseeb said on X today that AI acceleration should not proceed as long as extinction risk remains a reasonable possibility. Drawing on his background as a professional gambler, Haseeb likened the principle to "risk of ruin"—maintaining reserves to survive worst-case scenarios. While AI risks may be less severe than feared or easily resolved, humans cannot determine which outcome will occur. Therefore, unless extinction risk is confirmed eliminated,
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13:30
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Trump Administration Requires OpenAI, Anthropic to Get U.S. Approval Before Sharing New AI Models with Allies

According to Bloomberg, the Trump administration has required OpenAI and Anthropic not to provide new AI models to the UK's AI Safety Institute (AISI) and other partners before completing U.S. government review. U.S. officials aim to ensure AI models developed domestically are safe before sharing with allies including the United Kingdom. OpenAI declined to comment, while Anthropic and the White House have not yet responded to requests for comment.
13:25
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Bitwise Files NEAR ETF Registration on NYSE Arca on September 25

According to BlockBeats, Bitwise filed a Form 8-A registration statement to register a NEAR ETF on NYSE Arca on September 25. The ETF will be sponsored by Bitwise Investment Advisers, LLC, with the corresponding S-1 filing submitted to the SEC on September 16. The Form 8-A was signed by Bitwise Chief Operating Officer Teddy Fusaro.
13:22
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Morgan Stanley Joins NEXTPredict Summit as Strategic Partner, to Lead Institutional Capital Panel on October 22-23

According to Pierre Lindh, co-founder of NEXT.io, Morgan Stanley has joined the NEXTPredict summit in New York on October 22-23 as a strategic partner and will lead a panel on institutional capital, marking the first major bank to publicly commit to the prediction markets category. The bank's analyst Stephen Grambling, head of U.S. gaming, lodging and leisure research, will guide the discussion on opportunities and market structure challenges. Industry valuations reflect expectations for institu
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13:22
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Nscale Closes $33.6B Convertible Debt Round Led by Third Point, First Tranche of $23.6B Completed

According to PANews on September 25, Nscale, an AI cloud computing company, completed a $33.6 billion convertible debt financing round led by Third Point, with participation from Nvidia, funds managed by Apollo, Citadel, Hudson Bay Capital, and the Abu Dhabi Investment Authority. The first tranche of $23.6 billion has closed, while Nvidia committed an additional $1 billion expected to be deployed in mid-November 2026. Nscale will deploy the proceeds to accelerate AI cloud infrastructure expansio
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13:22
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21Shares Launches Zcash ETP on Euronext With 2.5% Fee on September 22

According to 21Shares, on September 22, the company launched Europe's first exchange-traded product (ETP) providing exposure to Zcash on Euronext Paris and Euronext Amsterdam. The product trades under ticker ZCASH and carries a 2.5% annual management fee. The physically backed structure allows European investors to gain exposure to Zcash's native cryptocurrency, ZEC, through a regulated exchange without requiring direct ownership or wallet management.
13:17
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Hyperliquid Whale MK4 Unrealizes $16M Gains on NEAR Long at 10x Leverage

According to BlockBeats citing Arkham, on Sept 25, Hyperliquid address MK4 holds a long NEAR position worth $29.7 million with unrealized gains of approximately $16 million. The address opened the position at $2.35 per NEAR using 10x leverage. Over the past three years, the address has accumulated total gains of approximately $58 million on Hyperliquid.
NEAR13.16%
13:13
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DXtrade Integrates Notofin Behavioral Analytics Tool for Traders

DXtrade has integrated Notofin to provide brokers with behavioral and execution analytics for their clients. The service imports trading activity and combines it with traders' written notes, screenshots and emotional records to help users examine the decisions behind their trading results. Brokers licensing Devexperts' multi-asset platform can optionally add Notofin to their client offering as part of DXtrade's strategy of expanding functionality through third-party integrations.
13:12
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PancakeSwap Chef Kids to Discuss Tokenization at KBW on September 30

PancakeSwap's Chef Kids will participate in the 'More Assets, More Geos' panel at KBW 2026 on September 30 at 3:40 PM KST, focusing on the role of tokenized assets in decentralized finance. The discussion reflects PancakeSwap's strategic focus on expanding asset diversity and liquidity on its DEX platform, aligning with the broader industry shift toward asset tokenization.
CAKE3.93%