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
06:49
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Germany Faces €25 Billion Economic Loss from Summer Heat Waves, GDP Growth Down 0.54%

According to a report by Allianz released on September 24, Germany's economy is estimated to suffer approximately €25 billion in losses this summer due to heat waves, with GDP growth projected to decline by 0.54 percentage points. The heat wave impact on worker productivity and increased absences due to lack of cooling infrastructure contributed to the economic slowdown, representing about 0.53% of Germany's annual GDP.
06:45
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BlackRock Flags Kazakhstan and Uzbekistan as Emerging Investment Hubs; Central Asia Attracts $2B Capital Inflows This Year

According to Jin10 and BlackRock's investment research team, Kazakhstan and Uzbekistan are increasingly attracting global capital flows on September 25. Ben Powell, BlackRock's Chief Investment Strategist for Middle East and Asia-Pacific, highlighted that both nations are implementing significant reforms, including pension system overhauls and capital market improvements. Kazakhstan's economy grew 4.1% year-over-year in the first eight months of 2026, while Uzbekistan achieved 8.5% growth in the
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06:42
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KelpDAO Files $292 Million Civil Claim Against LayerZero and CEO Bryan Pellegrino on September 24

According to Finance Feeds, Evercrest, the entity associated with KelpDAO, filed a civil claim against LayerZero and its CEO Bryan Pellegrino in British Columbia on September 24, seeking accountability for the April 18 bridge attack that resulted in $292 million in losses. The attack caused 116,500 rsETH to be released without corresponding blockchain transaction verification. KelpDAO alleges LayerZero failed to disclose technical risks and prevent infrastructure compromise, while LayerZero argu
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ZRO1.51%
06:42
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Evercrest Sues LayerZero Over April 2026 rsETH Bridge Exploit Resulting in $292 Million Loss

Evercrest has initiated a civil claim against LayerZero and CEO Bryan Pellegrino in British Columbia over an April 2026 exploit involving KelpDAO's rsETH bridge. The security breach resulted in a loss of approximately 116,500 rsETH, valued at around $292 million. Pellegrino has labeled the claims as meritless. The lawsuit alleges that LayerZero failed to disclose risks associated with its cross-chain communication technology.
ZRO1.51%
06:40
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Garrett Jin Transfers $146.98M to Binance, Hyperliquid Account Drops to $92,100 on September 25

According to Arkham, Garrett Jin transferred a cumulative $146.98 million to Binance on September 25, with his Hyperliquid account balance falling to only $92,100. Hours later, $200 million was transferred out of Binance to a cluster of wallet addresses previously associated with a $50 million loss in March when attempting to purchase AAVE through a mobile application interface.
HYPE-1.21%
AAVE3.73%
06:31
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NATO Chief Omits Russia From Arctic Plan Discussion, Names Five EU States and U.S., Canada on Sept 25

According to Russian state news agency TASS, NATO Secretary General Mark Rutte on Sept 25 discussed NATO's plans for the Arctic region without mentioning Russia despite being the largest Arctic nation. Rutte stated that NATO countries are collectively taking responsibility for the entire Arctic area, naming the United States, Canada, and five EU countries bordering the Arctic. He described this approach as achieving a "secure Arctic" vision.
06:30
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ESMA Adds AI and Tokenization to 2027 EU Regulatory Priorities

The European Securities and Markets Authority announced that AI and tokenization have been added to its 2027 EU regulatory priorities and launched an "innovation under investor protection" initiative. Regulators will review AI and tokenization applications used by financial institutions toward clients and conduct initial inspections on those with the highest exposure. ESMA highlighted risks including AI output bias and misrepresentation, investor difficulty understanding new products, regulatory
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06:22
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Tether CEO Says USDT Is 'Coming Home' to Bitcoin on September 24

According to Tether CEO Paolo Ardoino, USDT is "coming home" to Bitcoin on September 24, signaling an effort to return the stablecoin to the blockchain where it was originally launched in 2014. The statement reinforces Tether's year-long strategy to make USDT natively usable on Bitcoin infrastructure rather than relying predominantly on networks like Tron and Ethereum. Tether is pursuing two main technical routes: integrating USDT with Bitcoin's Lightning Network via the Taproot Assets protocol
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BTC-0.10%
TRX-1.34%
ETH-0.40%
06:22
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Ondo Finance Launches Three BlackRock-Powered Tokenized Portfolios for Non-U.S. Investors on September 24

Ondo Finance launched three tokenized investment portfolios based on BlackRock strategies on September 24, available to eligible non-U.S. investors in permitted jurisdictions. The products include Ondo High Income Powered by BlackRock (BLKHIon), Ondo Diversified Growth Powered by BlackRock (BLKDIGon), and Ondo High Growth Powered by BlackRock (BLKGRWon). Each token represents a single blockchain asset that packages multiple underlying exposures and automatically follows predetermined rebalancing
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ONDO25.34%
06:22
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RWA Perpetual DEX Trading Volume Reaches $365B in Q3, Up 32% Quarter-on-Quarter

According to CryptoRank, RWA perpetual contracts on decentralized exchanges reached $365 billion in Q3 2026, up 32% from the prior quarter. Public equities dominated the category, generating approximately $175 billion, or nearly 48% of total RWA perpetual DEX volume. The remaining activity includes contracts referencing commodities, indices, currencies, and other traditional financial assets.
06:21
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KMD Plummets 48.36% in 30 Minutes to $0.003559 Amid Market Turbulence

KMD plummeted 48.36% in the past 30 minutes, hitting a price of $0.003559, marking one of its most dramatic moves in weeks. The token's market cap currently stands at approximately $500,656, while 24-hour trading volume remains extremely low at just $0.45, reflecting limited market participation and elevated risk conditions.
06:17
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Hive Files Complaint with EU Commission Over Sweden Bitcoin Mining VAT Dispute

According to ChainCatcher, Hive Digital Technologies has filed a complaint with the European Commission regarding a value-added tax (VAT) dispute in Sweden. Swedish tax authorities reclassified the operations of Hive's two Swedish data center subsidiaries from contracted mining services to self-supplied mining, applying the determination retroactively from 2022 onward. The reclassification excluded the operations from VAT taxation, potentially requiring the subsidiaries to refund previously reco
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BTC-0.10%
06:13
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U.S. Treasury Yields Hit Multi-Year Highs Overnight; Global Bond Markets Face Selling Pressure

According to Zero Hedge, U.S. Treasury yields surged to multi-year highs yesterday (September 24), with the 30-year yield climbing 5 basis points to 5.456%, the highest level since 2004. The benchmark 10-year yield rose over 4 basis points to 5.162%, marking its highest level since July 2007. Global bond markets also experienced broad selling pressure, as Japanese 10-year government bond yields reached their highest since August 1996, while UK and German yields climbed to multi-year highs. The y
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