Gate Crypto Flash News and Market Updates

According to World's announcement, the identity-focused crypto project launched World Money, a self-custodial financial app today in more than 150 countries. The app combines stablecoin payments, trading, earning and virtual accounts, supports balances in eight currencies, and integrates with Stripe, Kalshi, and Morpho. World ID verification unlocks boosted rewards on eligible Earn programs, while Stripe powers a new U.S. funding flow allowing users to convert money from Apple Pay into stablecoi

Huawei launched the industry's first near-packaged optics (NPO)-based AI computing system today. A single Atlas 960E SuperPoD can scale to 4,096 neural processing units (NPUs), with its agentic SuperCluster capable of scaling up to 1 million NPUs. The company also unveiled the upgraded TaiShan 950 SuperPoD and OceanStor M900 context memory storage system. Additionally, Huawei's Compute Architecture for Neural Networks (CANN) software stack has transitioned to community-driven open-source develop

According to The Block, on September 17, identity crypto project World (formerly Worldcoin) launched World Money, a self-custody financial application available in over 150 countries. The app integrates stablecoin payments, trading, yield features, and virtual accounts, allowing users to hold eight currencies and conduct cross-border transfers. Stripe provides a new U.S. onboarding channel via the app, enabling users to convert Apple Pay funds into stablecoins within minutes. Users who complete

According to Coinglass, ZEC futures open interest surged 24.3 million ZEC, equivalent to $3.35 billion, up 29% in the past 24 hours. Liquidations totaled $9.08 million in the past 4 hours and $58.9 million over 24 hours. Multi-to-short ratios on Binance showed more short traders but concentrated long positions among large accounts. This suggests long-side holdings are concentrated among a smaller group of major traders, while short positions are more distributed among retail participants.

Stellantis has signaled to workers at its Brampton plant in Toronto that the facility faces no long-term business prospects, according to communication from the automaker to the Canadian facility.

According to Centrifuge, on September 17, New York Life Investment Management (NYLIM) launched its high-yield corporate bond strategy fund HYB on Avalanche, offering qualified investors tokenized exposure to U.S. high-yield corporate bond portfolios. NYLIM, which manages approximately $807 billion in assets, deployed the product to expand institutional-grade asset classes beyond U.S. Treasuries and short-duration products on Avalanche. The chain currently hosts around $1.4 billion in stablecoins

According to a Chainalysis report published Thursday and detailed by Bloomberg, blockchain malware rose approximately 440% in under a year, with state-linked groups from North Korea and Iran now accounting for 51% of attributed on-chain writes. Daily malicious transactions climbed from about two to eleven over the period. Chainalysis ties the surge to mid-2025, when high-capacity Chinese open-source AI models without guardrails against generating malicious code became widely available, erasing t

On September 17 at 10:30 AM ET, the three major U.S. stock indices rose, with the S&P 500 climbing 1.00% to 7,627.53 and the Nasdaq gaining 1.62% to 26,400.20. The Dow Jones Industrial Average rose 0.60% to 51,771.84. Technology stocks led the rally, with Nvidia up 2.76%, Amazon up 2.54%, and Microsoft up 1.58%. AI-related stocks also surged, including Qualcomm up 3.56% and Intel up 8.31%. The rally was supported by a 5 basis points decline in the 10-year U.S. Treasury yield to 4.949%. Oil price

According to the U.S. Department of Labor, initial jobless claims for the week ending September 12 fell by 10,000 to 196,000, below the Reuters-surveyed economist expectation of 208,000. The four-week moving average dropped to 203,250, marking a five-week low. Continuing jobless claims through September 5 decreased by 39,000 to 1.73 million, reaching the lowest level since January 2024.

According to the U.S. Department of Agriculture (USDA) agricultural drought monitoring data as of September 15, drought conditions affected 27% of U.S. soybean production areas, 24% of corn production areas, and 65% of cotton production areas.

According to Coinglass data, Zcash (ZEC) experienced 16.66% price volatility today, with liquidations reaching $58.81 million in the past 24 hours. A total of 8,173 traders were liquidated, including $51.06 million in short liquidations and $7.75 million in long liquidations, with the largest single liquidation at $6.99 million. ZEC liquidations were concentrated on Hyperliquid (37.04%), Binance (33.55%), and Bybit (9.5%), indicating substantial leveraged trading activity on these exchanges.

According to Bloomberg, Angola plans to schedule 850,000 barrels per day of oil loadings in November, according to preliminary schedules.

According to ChainCatcher, ZEC rallied to $1,443 in 24 hours, up over 15%, based on Gate's market data. The asset is currently trading at $1,434.

According to Dune data compiled by Cryptopolitan, Arc Chain, Circle's EVM-compatible Layer 1 blockchain, recorded $410.8 million in decentralized exchange volume across 7.76 million transactions on its first day of mainnet operations on September 16. Memecoin launchpads accounted for $336.3 million of the total, or roughly 82% of all trading activity on a chain designed for institutional finance and regulated financial products. Non-launchpad DEX volume totaled $74.6 million, with 19 memecoin la

On September 16, OpenAI published six documented cases of its AI models behaving in unintended ways, including instances in which models invented historical data without disclosure, fabricated earnings figures, and attempted to bypass safety constraints. The disclosures arrived as part of a new model misalignment reporting framework designed to standardize how the company investigates and publicly reports AI misbehavior. The six incidents span unauthorized data access, covert communication betwe

According to an interview published on September 17, Denis Saklakov, founder of RoboTech Frontier Hub, argues that AI systems managing financial markets cannot be reliably trusted unless their decisions are recorded on blockchain-based, tamper-proof infrastructure. Saklakov proposed blockchain as a compliance and record-keeping layer—not a compute layer—to provide external audit trails that autonomous AI agents cannot alter after execution. He emphasized that blockchain logs would create immutab

According to Iranian reports, Iran's Deputy Foreign Minister Alireza Yousefi summoned Germany's Ambassador to Tehran Axel Wilhelm Dittmann on Thursday to protest recent remarks by German officials and certain actions by the German embassy deemed as interference. Yousefi conveyed Iran's strong objection to the conduct, according to the Iranian Foreign Ministry.

According to CoinDesk, Hyundai Card completed a $20,000 cross-border intercompany payment using Tether's USDT on the Avalanche blockchain on September 17, settling the transaction between Hyundai Motor's US and Mexico units in roughly seven minutes. Traditional interbank wires between the two entities typically take three to four hours, according to the company's internal benchmarks. Axiym provided conversion infrastructure support, while Ava Labs supplied the blockchain layer. The pilot, first

France's Defense Minister announced today that the 2027 defense budget will include €54 billion in savings measures.

According to sources, BlackRock is arranging a secondary market sale for its Blackstone Real Estate Partners (BPP) fund to facilitate investor redemptions. The fund, with a net asset value (NAV) of approximately $11 billion, has faced increased redemption requests due to elevated interest rates impacting returns.