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
17:26
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U.S. Defense Secretary Pete Hegseth Holds $16K-$65K Bitcoin After Selling Defense Stocks

According to The Street, U.S. Defense Secretary Pete Hegseth disclosed this week that he maintained Bitcoin holdings while selling shares in defense contractors Lockheed Martin and Northrop Grumman. His 2025 annual financial disclosure, released by the Office of Government Ethics, shows Bitcoin held across two Coinbase accounts valued between $16,001 and $65,000 combined. Hegseth took office in January 2025 and divested dozens of individual stocks to avoid conflicts of interest. His family subse
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BTC-0.89%
17:23
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TypeSafe AI Launches Jev Model on September 15, 70 Times Faster and Cheaper Than OpenAI for Classification Tasks

TypeSafe AI's Jev model launched on September 15, immediately attracting so much developer interest that it overloaded its own API. The model specializes in structured decision-making tasks like email classification and transaction flagging. Jev processes requests in 70 to 500 milliseconds and costs $0.042 per million input tokens, with free outputs—10 to 20 times cheaper than Google's Gemini for email classification and 5 to 18 times faster than certain OpenAI models on specific benchmarks. The
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17:23
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D'CENT App Wallet Hacked: 12.4M XRP Stolen from 7,393 Users Between September 15–25

According to Crypto Briefing, approximately 12.4 million XRP were stolen from 7,393 D'CENT App Wallet users between September 15 and 25 due to compromised private keys. The first attack wave on September 15 drained 3.6 million XRP from 1,682 wallets within three hours. The vulnerability affected app versions older than 8.1.0, released in November 2025; hardware wallet users were unaffected unless they imported recovery phrases into the compromised app. Roughly 6.3 million XRP, just over half the
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XRP1.91%
ETH-0.16%
17:22
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Robinhood Hosts AI Economy Investment Summit on September 30

Robinhood will host a summit on September 30 to discuss investment strategies across the expanding AI economy, according to the company's announcement. Industry experts, including Guy Adami and BlackRock's Jay Jacobs, will explore various aspects of AI investments ranging from software to infrastructure. The event aims to guide investors on opportunities and potential challenges within the rapidly evolving AI sector.
17:14
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U.S. Treasury Chief Affirms Yen Strength on Sept 25 as Japan's Economic Fundamentals Warrant Stronger Currency

According to U.S. Treasury Secretary Scott Benson's statement on X, yesterday (September 25) Benson held a productive call with Japanese Finance Minister Satsuki Katayama to discuss yen strength. Benson stated that a stronger yen reflecting Japan's solid economic fundamentals is desirable and emphasized the importance of maintaining close communication on foreign exchange markets. The conversation follows discussions between President Trump and Japanese Prime Minister Sanae Takaichi earlier this
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17:13
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South Korea's 150 Trillion Won National Growth Fund Faces Fraud Risks Amid Rapid Deployment

According to E Daily MarketIn, on September 26, South Korea's National Growth Fund announced a five-year plan to deploy 150 trillion won across advanced industries, with 30.6 trillion won scheduled for 2026 alone. However, as of late July, only 16.3 trillion won had been approved and 4.1 trillion won actually executed, raising concerns that accelerated funding deployment could outpace investment validation capabilities. The risk was highlighted by the recent case of Azweemake, a food platform op
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17:13
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Nvidia, Broadcom Face Limited Stock Upside as Competition Intensifies, Production Hits Ceiling

According to C-port analyst Jay Goldberg on September 25, Nvidia (NVDA) and Broadcom (AVGO) offer limited near-term upside due to TSMC production capacity constraints and intensifying competition in the semiconductor sector. Goldberg noted that Nvidia faces difficulty achieving earnings surprises given capacity limits and the law of diminishing returns as the company scales. NVDA is increasingly reliant on bundled product offerings and financial engineering to drive results. Broadcom faces simil
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17:13
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U.S. Treasury Secretary Bessent Discusses Yen Strength with Japan Finance Minister on Sept 25

According to U.S. Treasury Secretary Scott Bessent, on September 25, Bessent held a productive call with Japanese Finance Minister Satsuki Katayama to discuss yen strength reflecting Japan's strong economic fundamentals. Bessent stated via X that both officials emphasized the importance of close communication on foreign exchange markets. The discussion followed recent talks between U.S. President Trump and Japanese Prime Minister Sanae Takaiichi, reflecting the strengthened U.S.-Japan partnershi
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17:13
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BofA Cuts Nike Price Target to $30, Downgrades to Underperform Ahead of Oct. 1 Earnings

According to The Fly, on Friday, Bank of America downgraded Nike to Underperform from Neutral and cut its price target to $30 from $47, citing a longer-than-expected turnaround and weak earnings expectations. BofA analyst Lorraine Hutchinson also lowered Nike's fiscal 2027 and fiscal 2028 earnings-per-share estimates by 11% and 12%, respectively, with the FY27 EPS forecast now 14% below Visible Alpha consensus. Nike's earnings report is scheduled for October 1 after market close. The latest down
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17:12
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Bitget Confirms $387.5M Breach on September 24; North Korea Suspected Based on IP and On-Chain Patterns

According to Bitget CEO Gracy Chen, hackers stole $387.5 million in cryptocurrency from the exchange on September 24, making it the largest crypto breach of 2026. Attackers spoofed transaction data to trick Bitget's authorization system into approving unauthorized transfers from hot and warm wallets, rather than stealing private keys. The haul includes approximately 103 million XRP worth roughly $157 million. Bitget's User Protection Fund, holding over $464 million, will cover the full loss, lea
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XRP1.91%
17:12
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Bitfinex Confirms USDt Relaunch on Bitcoin via RGB Hub Infrastructure

Bitfinex recently announced the relaunch of USDt on the Bitcoin network, leveraging infrastructure developed by utexo and RGB Hub. According to the exchange, the upgrade utilizes RGB as the settlement layer to enhance USDt functionality within the Bitcoin ecosystem and streamline transactions on the network.
17:09
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UK 2-Year Gilt Yield Falls 7.1 Basis Points to 4.839% on Friday

UK's 2-year gilt yield dropped 7.1 basis points to 4.839% on Friday (September 25), after opening with a gap lower and subsequently trading higher, briefly approaching 4.9%. The 10-year gilt yield fell 1.5 basis points to 5.366% in late European trading, while the 2/10-year curve steepened by 5.459 basis points to +52.526 basis points. Over the week, the 2-year yield gained 1.8 basis points, with the 10-year yield up 7.1 basis points and the 30-year yield up 10.2 basis points.
17:08
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Tesla Optimus Still Requires Manual Assembly of 100+ Screws Per Hand, Sep 25

According to The Information, on September 25, Tesla's Optimus V3 robots still require workers to manually assemble hands with over 100 screws and small components, despite the company aiming to produce 20,000 units weekly. Production reached several hundred robots per week last month after Tesla repurposed its Model S and Model X production lines for Optimus, but the smaller, more precise Optimus parts are creating manufacturing challenges.
17:07
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Tesla FSD Approval Vote Pushed to December, Musk Responds With Sigh as TSLA Slips

Tesla's EU-wide Full Self-Driving approval vote has been pushed back to December from the originally planned October date. An official EU Technical Committee on Motor Vehicles draft agenda for an October 6 meeting lists only further discussions, not a vote, marking a two-month delay. Tesla CEO Elon Musk responded to the postponement on X with a brief, "Sigh." TSLA stock was down 1.4% at the time of reporting, despite opening nearly 2% higher. Meanwhile, seven EU member states including Lithuania
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