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
08:29
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North Korean Hackers Launder Tens of Millions in Stolen Crypto Via Xinbi's 'Black U' Service, Per Chainalysis

According to Chainalysis, North Korean-linked hackers today used the 'Black U' money laundering service on the now-sanctioned Xinbi platform to transfer and clean tens of millions of dollars in stolen crypto assets. The hackers exchanged traceable stolen funds with stablecoins from pig-butchering and romance scam operations, then converted them to fiat through unlicensed over-the-counter exchanges to obscure the money trail. The scheme involves funds tied to Bybit and WazirX exchange breaches. C
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08:27
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Criminal Rings Use Credit Card Fraud and Virtual Currency to Launder Illegal Funds, Defendants Convicted

According to CCTV Finance, criminal networks have been using virtual currency to launder money obtained from overseas gambling and telecom fraud. The schemes typically begin with offers of free credit card repayment to lure targets into providing card details and personal information. The groups then use fraudulent transactions to clean the illicit funds before exchanging them into cryptocurrencies and transferring the assets overseas. Multiple participants in these operations have been convicte
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08:26
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PBOC to Standardize Issuance of Government Bonds and Central Bank Bills During 15th Five-Year Period

According to Lu Lei, Vice Governor of the People's Bank of China, on September 10, the central bank will standardize the issuance of government bonds and central bank bills during the 15th Five-Year Period (2026-2030) to enrich the pool of high-grade yuan-denominated assets. The PBOC will also optimize the layout of offshore yuan clearing banks and establish a multi-tiered liquidity supply mechanism across different maturity periods to maintain sufficient and stable offshore yuan liquidity.
08:23
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Brazil Crypto Firms Must Apply for Authorization by October 30 or Face Market Cut-Off

According to Brazil's Central Bank regulations, existing virtual-asset service providers must submit authorization applications by October 30, 2026, or face restrictions from regulated financial institutions. The deadline applies to companies that were operating when the regulatory framework took effect on February 2. From October 30 onwards, Brazilian banks, payment institutions and other Central Bank-supervised entities are generally prohibited from conducting or facilitating virtual-asset ope
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08:23
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German Think Tank IFO: Over One-Third of 2025 Defense Debt Redirected to Other Purposes

According to analysis by German think tank IFO released Thursday, the German government redirected more than one-third of new debt issued in 2025 under defense spending exemptions to other purposes. IFO researcher Emilie Hoeslinger noted that fiscal space released from the core budget through the defense exemption clause was allocated elsewhere. Germany's total covered spending under the exemption increased from €54.6 billion in 2024 to €72.2 billion in 2025. Despite the €17.6 billion increase i
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08:22
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CME Group Names Jack Tobin as CFO Ahead of March 2027 CEO Transition

CME Group announced that Jack Tobin will become Chief Financial Officer in March 2027, when current CFO Lynne Fitzpatrick assumes the CEO role and Terry Duffy steps down as chief executive to become Executive Chairman. Tobin will first move into the Deputy CFO position in November 2026. John Marchese will be promoted to General Counsel effective September 2026, replacing Jonathan Marcus. Matthew Render will succeed Tobin as Chief Accounting Officer. Duffy, who has led CME for more than 25 years,
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08:19
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Mirae Asset 2nd-Generation Heirs Move to Investment Units in January and June 2026

According to iNews24, Mirae Asset Financial Group Chairman Park Hyun-joo's two eldest children have been assigned to key investment departments as part of a planned succession strategy. Eldest son Park Jun-beom moved to Mirae Asset Securities' proprietary investment (PI) department as senior manager in January 2026, while eldest daughter Park Ha-min joined the group's U.S. investment platform in June 2026 to lead global venture capital strategy. The group has stated it will maintain a "separatio
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08:19
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ShiGong Tech Launches 4.3 Billion Won Public Tender Offer for IceCream Edu at 1,200 Won Per Share

According to News1 and the Korea Exchange, ShiGong Tech announced today a public tender offer for IceCream Edu (289010) at 1,200 won per share, investing 4.3 billion won to expand its stake. IceCream Edu shares surged 197 won to 1,115 won, up 21.46%, but remain below the tender offer price. Even at 1,200 won, the company's market capitalization would only reach approximately 167 billion won, still falling short of the 200 billion won threshold required to maintain listing status.
08:17
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Circle's Arc Launches Transaction Memo Feature on Testnet

According to ChainCatcher, Circle's Arc blockchain has made a transaction memo feature available on testnet. The feature allows developers to attach structured context to individual contract calls without modifying existing contracts. Supported use cases include invoice numbers, payment references, customer IDs, and reconciliation tracking.
08:16
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Novo Nordisk's Semaglutide Receives NMPA Approval for MASH with F2-F3 Fibrosis, First GLP-1 RA in This Indication

According to Novo Nordisk's official announcement, semaglutide injection (Novo Yealing) received approval from China's National Medical Products Administration (NMPA) today (September 10) for treating metabolic-associated fatty liver disease (MASH) with moderate-to-severe liver fibrosis (F2-F3) in non-cirrhotic adults. The approval makes semaglutide the first and only GLP-1 receptor agonist approved for treating MASH.
08:16
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Bank of Communications Launches Cross-Border Trade Service Solution on CBETS Blockchain on September 10

According to PANews, Bank of Communications officially launched a cross-border trade service solution based on the CBETS (数币达) blockchain infrastructure on September 10. The solution focuses on cross-border settlement and compliance requirements, leveraging on-chain confirmation and smart contracts to enhance coordination between capital flows, information flows, and documentation. The platform supports multi-party participation and data sharing, offering cross-border payments, trade background
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08:13
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Overseas Entities Hold Over 11 Trillion Yuan of Onshore RMB Assets, PBOC Deputy Governor Announces on September 10

According to Jin10, on September 10, PBOC Deputy Governor Lu Lei announced at a State Council press conference that overseas entities held more than 11 trillion yuan of onshore RMB financial assets. Over 80 countries and regions' central banks or monetary authorities have included the yuan in their foreign exchange reserves. Lu Lei also noted that panda bond issuance exceeded 1.3 trillion yuan, with issuers spanning 26 countries and regions across five continents.
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08:11
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PinGo Confirms TON Attack Tied to Asynchronous Execution, Plans Contract Upgrade

According to PinGo's official statement, the DePIN project on TON network recently confirmed that a security incident was related to TON blockchain's asynchronous execution mechanism. The team announced it will upgrade its smart contract to improve protocol security and prevent similar issues. PinGo is also coordinating with ecosystem partners and exchanges to restore $PINGO deposit services, with progress updates to follow once the contract upgrade and necessary security audits are completed.
08:11
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China's Financial Regulator Announces Support for Cross-Border E-Commerce, Overseas Warehouses on September 10

On September 10, China's Financial Regulatory Administration announced plans to support cross-border e-commerce development, overseas warehouse construction, and exports of intermediate goods. Vice Director Cong Lin stated that the regulator will guide financial institutions to meet consumption upgrades and strengthen support for key sectors including the nation's major engineering initiatives.
08:11
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China Achieves Basic Convertibility in Direct Investments, SAFE Announces on September 10

According to China's State Administration of Foreign Exchange (SAFE), on September 10, China has achieved basic convertibility in direct investments, Deputy Director Li Bin announced at a State Council Information Office press conference. SAFE has also established cross-border securities investment mechanisms centered on institutional investor systems, mutual access arrangements, and direct market entry for overseas investors, while implementing comprehensive macro-prudential management for cros
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