Gate Crypto Flash News and Market Updates

According to Saudi Arabia's Civil Defense Authority on September 17, a drone launched by Yemen's Houthi militants was intercepted and destroyed over the western city of Taif, with debris causing one death and two injuries. The deceased was Yemeni national, while the two wounded were Saudi and Pakistani nationals respectively, with the Pakistani victim sustaining serious injuries. Multiple buildings and vehicles were also damaged.

According to CCTV International News, the United Nations Security Council failed to pass a draft resolution extending the term of the Iran Sanctions Committee's expert panel by one year on September 17. China and Russia voted against the measure.

According to Merriam-Webster, the dictionary recently completed its latest vocabulary update, officially adding 1,400 new words and definitions to its online edition. The additions include 'looksmaxxing,' 'meme coin,' and 'vibe coding,' among other newly recognized terms reflecting contemporary language trends.

Moonshot announced Thursday that its Kimi AI model launched a financial services version, integrating with leading Wall Street data providers including S&P Global Market Intelligence, Crunchbase, and U.S. Securities and Exchange Commission's EDGAR system, as well as the IMF, World Bank, and Federal Reserve Economic Data site (FRED). Financial industry clients now using Kimi include investment bank CICC and venture capital firm Hong Shan (formerly Sequoia China), according to the company.

According to the First Financial, Xpeng Group chairman and CEO He Xiaopeng announced that the company will unveil new international partnership cases at next month's Paris Auto Show. He stated that Xpeng is in discussions with Volkswagen on expanded cooperation and engaging with multiple automakers and non-automotive companies on technology and chip partnerships. The deals are expected to materialize in the fourth quarter.

According to Russian state media TASS, Russia's Ambassador to Canada Oleg Stepanov stated today (September 17) that normal bilateral relations between Russia and Canada no longer exist, blaming Canada for the situation. When asked if relations had reached a low point, Stepanov said the concept of a "low point" is relative, adding that "from a general perspective, there have been no normal bilateral relations between the two countries for a long time." He noted that even long-term stability in th

According to crypto commentator @solana, Galaxy has officially taken on the role of vault curator on Kamino, managing lending vaults in USDC and USDT. Galaxy, a cryptocurrency asset management firm with over $7 billion in assets under management, will leverage its expertise to enhance lending opportunities on the platform.

Canopy completed its first named protocol upgrade, Banyan (v2.0), live and without downtime on September 17, using its Canopy Auto Update feature to execute a network-wide consensus change during pre-launch. According to the company, every application built on Canopy now inherits the same ability to evolve in place without redeploying or migrating users. Banyan also brings fuller compatibility with standard Ethereum tooling and performance improvements.

According to investing.com, on September 17, Microsoft and Nokia announced an expansion of their partnership to integrate Nokia Data Suite with Microsoft Fabric's analytics and AI platform. The integration will enable telecom operators to access network data in minutes instead of weeks, significantly accelerating data preparation and integration. Microsoft shares rose 0.90% in pre-market trading to $494.70, while Nokia gained 5.82% to $10.73.

According to the U.S. Geological Survey, a 6.3-magnitude earthquake struck the Nikolski area of Alaska's Aleutian Islands on September 17.

The EUR/GBP exchange rate broke through the 0.86 level today, rising 0.42% during intraday trading.

According to Guru Club, LME copper touched $14,500.545 per ton on September 17, gaining 1.88% during the day.

According to the U.S. Energy Information Administration (EIA), U.S. natural gas futures rose 2.1% after the agency reported storage builds lower than expected.

According to the EIA report, U.S. natural gas inventories totaled 329.8 billion cubic feet for the week ended September 11, up 4.4 billion cubic feet from the prior week but down 12.2 billion cubic feet year-over-year, representing a 3.6% decline compared to the same period last year.

According to Royal Bank of Canada analyst Neil Mehta, on September 17, the Bank of England slowed its quantitative tightening annual pace to £46 billion from £70 billion. While the announcement triggered a slight decline in UK gilt yields, government bonds remain under pressure from inflation concerns and fiscal uncertainty, Mehta noted.

According to FinanceFeeds, Gold-i has integrated Crypto Finance Group, a Deutsche Börse-owned firm, into MatrixNET, enabling brokers and fund managers to access regulated digital asset trading and liquidity services through MT4, MT5, DXtrade and CLEO without requiring separate integration work. Crypto Finance AG is supervised by Switzerland's FINMA, while Crypto Finance Germany holds MiCAR (Markets in Crypto-Assets Regulation) approval as of early 2025, providing institutional-grade regulated li

According to NEAR Protocol, the network introduced Chain Signatures on September 16, a cross-chain transaction feature enabling users to move digital assets across more than 30 blockchains and over 180 assets through a single NEAR account without relying on traditional bridging infrastructure. The system executes transactions natively on destination blockchains, eliminating intermediate bridge processing steps. Use cases include transferring assets between Tron and Ethereum. The unified account

According to the U.S. Energy Information Administration (EIA), American natural gas inventories increased by 44 billion cubic feet last week, falling short of analyst expectations of 48.44 billion cubic feet. The weekly gain of 1.35% slightly outpaced the prior week's increase of 1.24%, bringing total inventories to 3.30 trillion cubic feet.

On September 17, the Bank of England's Monetary Policy Committee held its policy rate at 3.75%, with six of nine members voting for the pause and three voting for a 25 basis point increase. The committee cited Middle East tensions as disrupting energy transportation and supply, which has driven up household fuel and utility costs, pushing inflation to 3.1% and likely higher ahead. While evidence of wage-price spirals remains limited so far, the committee noted that prolonged elevated energy cost

According to Gate data, the UK 100 (FTSE 100) crossed 10,800 points today (September 17), reaching 10,800.41, up 1.1% in 24 hours.