Gate Crypto Flash News and Market Updates

According to Bitquery and PeckShieldAlert, an attacker stole hundreds of millions of tokens from Fetch.ai, NuNet, and SingularityNET over the weekend (September 20-21), netting approximately $2.25 million in realized profits, with unrealized profits reaching nearly $17 million. The hacker first drained 8.7 million FET tokens from Fetch.ai's bridge, then minted 400 million NuNet NTX tokens and 900 million SingularityNET AGIX tokens. The sale of genuine FET tokens for 523 ETH generated approximate

On September 19, President Trump announced plans to form an 'AI Force' and appoint an 'AI Czar' via his Truth Social platform. Trump compared the initiative to the creation of the U.S. Space Force and emphasized that his administration will not hinder AI industry growth, but will instead 'cherish it, help it, and watch over it' as it develops. The announcement provided no implementation details or naming the AI Czar, though reports suggest venture capitalist David Sacks, Trump's former AI and cr

According to Goldman Sachs, on September 20, the bank projected synchronized gains across stocks and bonds by year-end if oil prices decline and the U.S. midterm elections proceed smoothly. The bank's base case assumes Middle East tensions ease, oil supply stabilizes, and Brent crude remains at $80 per barrel, allowing inflation expectations to cool and the Federal Reserve to reduce interest rates. However, strategist Jeff Currie warned of a sharply different scenario: if geopolitical tensions e

Iran's Islamic Revolutionary Guard Corps shot down a U.S. military MQ-1 drone above the Strait of Hormuz on the morning of September 21, according to a statement from the Revolutionary Guard's Aerospace Force.

TypeSafe AI last week introduced Jev, its first System One model designed for probabilistic decision-making and code integration. Created by former OpenAI engineer Diogo Almeida, who co-authored ChatGPT's core training techniques, Jev claims to be 193x faster and 445x cheaper than frontier models like GPT-6 Astra. Unlike conventional LLMs, Jev produces structured answers with confidence ratings rather than open-ended prose, enabling parallel processing of multiple questions and eliminating the n

According to Decrypt, Grayscale filed with the U.S. Securities and Exchange Commission on September 20 to execute a 3:1 stock split of its Zcash spot ETF (ZCSH). Zcash (ZEC), a privacy-focused cryptocurrency using zero-knowledge proofs, has risen approximately 2800% over the past year amid growing demand for privacy protection in the AI era. The stock split takes effect September 28–30, lowering per-share prices to improve retail accessibility. Since ZCSH began trading on August 25, the ETF has

According to South Korea's securities industry, SK Hynix ADR joined the MVIS US Listed Semiconductor 25 Index on Sept 18, with the change taking effect in SMH's portfolio from Sept 21 onwards. The ADR will comprise 4.75% of the $70 billion Semiconductor ETF, triggering approximately 4.6 trillion won in passive fund purchases. Including flows from domestic and European semiconductor-focused ETF products tracking the same index, total passive inflows are estimated at 5.2 trillion won. However, str

According to Korea Securities Depository, South Korean retail investors surged net purchases of Global X Nikkei 225 ETF to $14.35 million through September 18, the highest-ranked stock this month. The newly listed ETF, which launched on Tokyo Stock Exchange on September 9, tracks Japan's 225 largest companies and includes dividend returns. The strong inflows follow signals from Berkshire Hathaway CEO Greg Abel, who visited Japan this month and met with executives of five major Japanese trading c

According to PANews, on September 21, Ant Group CEO Han Xinyi announced the consolidation of Alipay's business group, digital payment business group, and Sesame Credit business unit into a new unified Alipay business group to accelerate smart agent commerce. Wu Minzhi has been appointed president of the new Alipay business group and will also serve as Ant's Chief Product Officer. The reorganization aims to consolidate technology, product, and ecosystem capabilities to strengthen merchant service

According to PANews, Deep Blue Aerospace completed B6 and B7 funding rounds totaling nearly 2 billion yuan on September 21, attracting participation from Wuxi High-Tech Zone Investment & Control Group, Yida Capital, Baotong Technology, and Hongrun Construction. The funds will support development of the company's Xingcloud Series launch vehicles, with focus on the mid-sized reusable liquid rocket Xingcloud-1 and the large-scale reusable rocket Xingcloud-2.

According to S&P Global Ratings, on Monday, Sept 21, AI applications are expected to increasingly influence bank credit ratings over the coming years. A survey of approximately 179 global financial institutions conducted in June showed these institutions anticipate AI-related costs will decline by up to 4% this year, expanding to 6-8% by 2028. About 84% of surveyed institutions reported using AI for support functions and process automation, while fewer than one-third leverage AI for developing n

According to ChainCatcher, DeepBlue Aerospace recently completed B6 and B7 funding rounds totaling nearly 20 billion yuan. The round attracted investments from Wuxi High-tech Zone Investment & Control Group, Yida Capital, listed companies Baotong Technology and Hongrun Construction, among others. Proceeds will be directed toward the development and commercialization of two rocket families, including the mid-size recoverable liquid-fueled Yunxiao-1 and large-scale recoverable liquid-fueled Yunxia

According to ChainCatcher, Tim Draper, founder of Draper Associates, said during a Bitcoin Magazine podcast that Apple and Meta's failure to hold Bitcoin on their balance sheets is "irresponsible." Draper proposed that companies should hold Bitcoin equivalent to four weeks of operating expenses, individuals should maintain six months of Bitcoin reserves, and governments should hold Bitcoin as a hedge against currency debasement.

According to PANews on September 21, Fairshake, a crypto industry super PAC, plans to spend approximately $30 million to oppose Democratic Senator Sherrod Brown's reelection bid in Ohio's upcoming Senate race. The spending surge follows the failure of the Clarity Act, a crypto-friendly legislation proposal backed by the industry.

Amazon plans to deploy 5,000 smart glasses devices this year, with a target to exceed 20,000 units by the end of 2027.

U.S. diesel prices have surged to an all-time high, breaking through $6.50 per gallon for the first time. The price spike follows supply disruptions in the Middle East and recent strikes on Moscow refineries, intensifying concerns over global fuel supply shortages. The increase is raising transportation, agricultural, and heating costs, adding pressure on U.S. inflation.

According to PANews, Google launched the GoogleBook laptop series today starting at $899. Qualcomm will provide its Snapdragon X Elite platform for the first batch of GoogleBook notebooks.

Qualcomm recently announced a collaboration with Google to integrate the Snapdragon X Elite platform into the first Googlebook notebooks. The partnership marks the debut of Qualcomm's flagship processor in Google's consumer-facing laptop line.

According to the Czech Ministry of Finance, the country expects its excise tax on the refining industry in 2026 to generate revenue of 5.5 billion Czech koruna.

Federal Reserve official Austan Goolsbee commented on mixed inflation pressures from both supply and demand sides, saying the impact on the pace of rate decisions is greater than on the terminal rate level. If inflation is primarily demand-driven, the Fed's rate response would need to be more aggressive and front-loaded, Goolsbee noted. Recent inflation data suggests supply shocks are weakening, with some current pressure stemming from demand. Given the mixed nature of inflationary pressures, th