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
06:15
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SC Crude Oil Hits Record 900 Yuan/Barrel with 11.12% Surge on September 14; Iraq Signs 25-Year Oil Deal

According to Jin10 data, SC crude oil futures hit a record high of 900 yuan/barrel on September 14, surging 11.12% intraday. In a separate development, Iraq signed a 25-year contract with private energy firm KEPPT to develop the AJIL oil field, planning to raise natural gas output from 1.35 billion to 3 billion cubic feet per day, and boost oil production from 30,000 to 40,000 barrels per day. Meanwhile, Bangladesh was forced to source liquefied natural gas from the spot market to replace 110 pl
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06:13
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China's State Security Minister Announces Six Major AI Development Risks

According to China's Ministry of State Security Minister Chen Yixiang, the country identified six major risks from artificial intelligence development yesterday (September 14). As of June 2026, China's AI product user base exceeded 500 million, with daily token calls surpassing 140 trillion, the ministry stated in an official article published in Chinese Cyberspace Magazine. The identified risks include threats to political security through disinformation, network security vulnerabilities, espio
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06:09
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Taekwang Industries Sues Truston Asset Management over Shareholder Letter; Dispute Emerges on Sept 14

According to Yonhap Infomax, Taekwang Industries on September 14 filed a complaint against three representatives of Truston Asset Management, including CEO Hwang Sung-taek and Lee Sung-won, over alleged defamation and business obstruction. The complaint arose after Truston, a shareholder, sent a letter requesting clarification on ten items with a 30-day response deadline; Taekwang did not respond but filed the police complaint instead. Truston responded by asserting that Taekwang is treating leg
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06:05
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EU Financial Services Commissioner Rejects Bank Calls to Split Reform, Backed by 11 Large Banks Last Week

According to Bloomberg, last week, EU Financial Services Commissioner Maria Luis Albuquerque rejected calls from 11 large banks to split the European financial reform plan into two phases. The commissioner stated that a unified reform approach is the best path for Europe, aiming to reduce regulatory burden and lower cross-border barriers. The 11 banks, from the EU, Switzerland, and the UK, had urged the EU to prioritize regulatory simplification measures in the short term while delaying discussi
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06:00
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Danish Economist Predicts Nasdaq 100 Surge to 39,000 by Year-End, Then Crash to 10,600

According to Odaily, Danish economist Henrik Zeberg recently warned that the U.S. stock market will experience significant volatility over the coming months. He forecasts that the Nasdaq 100 index could surge to 39,000 by the end of 2026, representing a roughly 33% gain, before plunging to approximately 10,600—a level last seen in 2022. Zeberg's model, based on his latest analysis, also suggests the U.S. economy will enter recession alongside the stock market downturn.
05:57
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Samsung Active Asset Management Faces Investigation for Alleged Front-Running; Manages 15 Trillion Won in Pension Assets

According to Yonhap Infomax, South Korea's Financial Supervisory Service launched an investigation on September 14 into fund managers at Samsung Active Asset Management over alleged front-running of undisclosed material information. The managers are suspected of purchasing securities designated for inclusion in the company's KoAct ETF through nominee accounts before the funds themselves acquired them. Samsung Active's pension mandate assets total approximately 15 trillion won, roughly three time
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05:55
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Wintermute Builds $102M Short Position in Perpetual Contracts

Gate News message, Wintermute currently holds approximately $102.1M in perpetual shorts on centralized exchanges and continues to actively deposit additional funds while expanding its short exposure. According to the data, Wintermute's total exposure reaches $122.23M, with unrealized PnL of +$928.4K. The 30-day PnL stands at -$12.04M, while lifetime PnL totals +$176.88M.
05:51
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BitMEX Co-Founder and British Investor Pour £72 Million Into Farage's Reform UK

According to Reuters, BitMEX co-founder Ben Delo and British investor Christopher Harborne each donated £36 million (AU$67.9 million) to Nigel Farage's Reform UK within about 48 hours, bringing the combined donation to £72 million, reported as the largest single political donation in British history. Delo said he wanted to provide Reform "a fair fight and a level playing field" against the governing Labour Party, while Harborne, inspired to match the contribution, called his gift "a philanthropi
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05:43
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Polysilicon Producers Hold Production-Cut Meeting, Cap Output at 1.05M Tons Annually on September 11

According to Guru Club, polysilicon producers held a production-cut meeting on September 11, with market reports suggesting output would be capped at 1.05 million tons annually over the next year. Manufacturers are currently quoting prices of 40-43 yuan per kilogram, adhering to an industry-wide consensus of "no sales below cost." Polysilicon futures contracts on the Shanghai exchange rose 3% intraday on September 14 before retracing. Galaxy Futures analysts noted that downstream inventory level
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05:42
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South Korea Plans Tokenized Securities on XRP Ledger Starting 2027

According to reports, South Korea's Financial Services Commission is preparing to tokenize traditional securities including stocks, bonds, and investment funds, with Ripple's XRP Ledger emerging as the preferred blockchain infrastructure. The initiative is expected to begin with private bonds and money market funds in 2027, enabling blockchain-based trading infrastructure designed to improve market efficiency and support 24/7 securities transactions. XRP Ledger is being considered for its transa
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XRP0.89%
05:42
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Trump Says $5,000 Payment to US Adults Would Be 'Easy' to Fund, Citing $1.2 Trillion Cost

On Sunday in Doonbeg, Ireland, President Trump said the proposed $5,000 payments to US adults would be "easy" to fund, reiterating his pledge to deliver the payouts if Republicans maintain control of Congress in November. Trump estimated the total cost at approximately $1.2 trillion, targeting roughly 240 million adult US citizens. However, funding challenges remain significant. The Congressional Budget Office reports current fiscal-year tariff revenue at $167 billion, far short of the required
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