Gate Crypto Flash News and Market Updates

According to SolanaFloor, Jump Crypto's Firedancer team will stop maintaining Solana's interim validator client Frankendancer after Alpenglow activation scheduled for October with v4.3 release. The decision stems from maintenance and security burden concerns, with resources to be directed toward the complete Firedancer client.

Blockstream refused a ransom demand for the remaining 598.5 BTC from the Liquid Network exploit on Friday, saying it would not pay a bounty to recover the stolen funds. The company stated that "taking assets without authorization and withholding their return is a crime, not responsible disclosure," and rejected the attacker's terms. The exploiter had already returned approximately 3,400 BTC on Sept. 7 but retained 598.5 BTC, later demanding 10% of the total recovered amount as a bug bounty. Bloc

According to BlockBeats citing GMGN data, Solana-based token EMBER hit a market cap of $37 million today, September 11, surging over 150% in the past hour. The token, launched on Ember Curve (a Meteora-based issuance platform), currently trades at a $28 million market cap with a 460% 24-hour gain and $20.4 million in 24-hour trading volume.

According to market sources, Serbian President Aleksandar Vucic is set to resign from his position on September 25-26.

According to Bonk Guy, the crypto trader bought its first Solana ecosystem token in a long time today, citing cultural shifts in the ecosystem led by key figures that he believes support long-term development. The trader announced several days ago that it had begun turning bullish on Solana and stated that EMBER and its ecosystem represent its next major investment bet.

According to the Shanghai Futures Exchange, effective September 15, 2026 (commencing with the September 14 evening session), the maximum intraday opening position limits for non-broker members, overseas special non-brokerage participants, and customers in fuel oil futures contracts FU2610 and FU2611 are set at 3,000 lots.

According to state broadcaster CCTV, Premier Li Qiang presided over a State Council executive meeting on September 11. The government outlined priorities for computing infrastructure, emphasizing the need to maintain rational layout and orderly development while advancing key technologies and equipment research. Officials called for building a multi-layered, network-based computing system.

According to a Chinese Commerce Ministry spokesperson, on Sept 11, the ministry rejected U.S. claims that China poses a military and economic "dual threat," calling the allegations "completely distorted and baseless." The spokesman stated that China's technological breakthroughs in artificial intelligence, semiconductors, and biotechnology result from the efforts of Chinese researchers and enterprises, not targets for U.S. espionage. The U.S. approach reflects anxiety over China's technological

According to the Shanghai Futures Exchange, effective September 14, the exchange adjusted the daily limit percentage and margin requirements for fuel oil futures FU2610 and FU2611 contracts. The daily limit is set at 16%, while the margin requirement for hedging positions is 17% and for general positions is 18%.

According to Fundstrat's Tom Lee, in an interview with CNBC on Friday, a core CPI reading of 0.2% or lower could trigger a "pretty sizable" equity rally by reducing expectations for a September Federal Reserve rate hike. CME FedWatch Tool currently shows markets pricing a 70% probability of a September rate hike. Lee noted that AI infrastructure spending is adding inflationary pressure and increasing corporate reliance on debt markets, which may limit the effectiveness of rate hikes in slowing i

According to Jin10, on September 11, Egypt's Foreign Minister Badr Abdelatif expressed support for expanding local currency settlements among BRICS members. He stated that Egypt views BRICS as an important and growing economic cooperation model and backs increased use of local currencies for trade among member states. Cairo also advocates raising trade volumes and utilizing favorable loans provided by the BRICS New Development Bank within the framework.

The U.S. dollar declined against the Japanese yen on September 11, falling 0.3% to 153.91, paring half of Thursday's rally.

According to Shanghai International Energy Exchange (Jin10), effective Sept 15, 2026, daily opening transaction limits for non-brokerage members and clients will change. Crude oil futures contracts SC2610 and SC2611 will be capped at 800 lots per day for opening positions. Low sulfur fuel oil futures contracts LU2610 and LU2611 will be capped at 3,000 lots per day for opening positions.

According to a Commerce Ministry spokesperson, U.S. CIA Deputy Director Ellis publicly stated on September 11 that the U.S. is conducting broader espionage activities against China, including Chinese enterprises, in response to what Washington characterizes as China's dual threats in military and economic domains. Ellis specifically cited artificial intelligence, semiconductors, and biotechnology as justified espionage targets. In response, China's Commerce Ministry warned the U.S. to immediatel

According to Bitmine Chairman Tom Lee, the cryptocurrency market faces heightened volatility risks and could experience a pullback later this year. Tom Lee cited multiple factors driving uncertainty: midterm elections, Federal Reserve policy decisions, and excessively high leverage in the market. He noted significant disagreement persists over whether inflation has genuinely declined. However, Tom Lee suggested the Fed could afford greater patience if consumer inflation expectations remain ancho

According to CNBC, President Trump dismissed concerns about AI posing an existential threat to humanity on Thursday, saying he has no such worries. When asked about AI extinction risks, Trump stated, "I have concerns that if we don't win AI, we're going to be put in a very bad position," citing competitive pressure from China. Trump's comments came after more than a dozen researchers at OpenAI and Anthropic, including chief scientist Jakub Pachocki and researcher Jasmine Wang, publicly warned of

According to Zach Pandl, Grayscale's research head, the U.S. CLARITY Act—aimed at establishing comprehensive rules for the crypto market—faces a Senate procedural vote on September 15, requiring 60 votes to advance. With Republicans holding 53 seats, the legislation needs Democratic support to proceed. Prediction markets indicate a low probability of passage in 2026.

According to TheFly, Jefferies and Citi cut their Adobe (ADBE) price targets on Friday following the software maker's fiscal third-quarter results, though the stock declined 4% in premarket trading despite stronger-than-expected metrics. Jefferies analyst Brent Thill lowered his target to $275 from $285, maintaining a Hold rating, while Citi cut its target more sharply to $250 from $301 with a Neutral rating, citing concerns over Adobe's decelerating growth trajectory. Adobe's Q3 revenue rose 13

According to Iranian officials on September 11, Iran's authority in the Strait of Hormuz and its resistance have put the U.S. and its allies in a tactical and strategic stalemate. The officials stated that security cannot be purchased with money, adding that economic crises and related strategic challenges will be borne by the American people and their allies.

According to Jin10, France's Finance Minister Laurent Lecornu on Friday (September 11) downgraded the government's 2026 economic growth forecast from 0.7% to 0.5%, stating that the country will also fail to meet its budget deficit target. Lecornu cited multiple challenges including domestic political uncertainty, surging energy prices, extreme summer weather, and rising borrowing costs in bond markets as drivers of the downgrade. He maintained France's 2027 growth forecast at 1.0%.