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
06:02
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SK On Secures 160 Billion Won LFP Cathode Supply Deal with LnF Through Sept 2028

According to SK On's official announcement on September 17, the South Korean battery maker signed a 160 billion won (approximately $120 million) supply contract with LnF to source high-density third-generation LFP cathode materials over three years through 2028. The deal supports SK On's strategy to localize and de-risk its energy storage system supply chain away from Chinese suppliers. The secured cathode material will be deployed at SK On's manufacturing facilities in Seosan, South Korea and G
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06:01
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UK Airport Disruptions Traced to Millisecond Software Glitch; 2,000+ Flights Cancelled on September 8

According to UK air traffic control authorities, the September 8 airport disruptions across Britain that led to the cancellation of over 2,000 flights were caused by a millisecond-level software malfunction, a preliminary investigation released on September 18 confirmed. The glitch, which lasted less than 1 millisecond, affected the system responsible for assigning flight identification codes used by air traffic controllers on radar.
06:01
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Liu Yuanchun States Pursuing Short-Term Economic Balance Risks Losing Cyclical Resilience

According to Liu Yuanchun, President of Shanghai University of Finance and Economics, speaking at Tsinghua PBC Chief Economists Forum on September 19, expanding domestic demand is a long-term strategic priority rather than a short-term policy measure. He noted that over-pursuit of short-term equilibrium during China's economic transition from investment-driven to innovation-driven growth could undermine the economy's ability to navigate cyclical shifts.
05:56
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Global Semiconductor Market Expected to Hit 2 Trillion Won in 2026, Memory Chips Surpass Non-Memory for First Time

According to KB Securities' analysis released September 19, the global semiconductor market is expected to reach 2 trillion won this year, with the memory chip market hitting 1.1 trillion won for the first time surpassing non-memory chips. The shift reflects growing AI infrastructure demand, as memory becomes increasingly critical for AI computing performance beyond raw processing power. KB Securities estimated U.S. hyperscalers' AI infrastructure investment for 2027 at 1.75 trillion won, up 63%
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05:56
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KB Securities Forecasts Global Semiconductor Market to Hit 2 Trillion Won in 2026, with Memory Chips Surpassing Non-Memory for First Time

According to KB Securities, the global semiconductor market is forecast to reach 2 trillion won in 2026, with memory chip market size reaching 1.1 trillion won and surpassing non-memory chips for the first time. The shift reflects surging AI infrastructure demand, the firm noted. KB Securities estimates U.S. hyperscalers' AI infrastructure investment will grow 63% year-over-year to 1.755 trillion won in 2027. The firm recommends Samsung Electronics and SK Hynix as top beneficiaries, citing stron
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05:52
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Switchboard Oracle Shuts Down Operations, Support Ends September 25

According to PANews, Switchboard oracle announced on September 19 that it is shutting down operations effective immediately. The oracle's core development contributor, Switchboard Technology Labs, will wind down remaining business, with all support terminating on September 25. Protocols using Switchboard are required to migrate immediately to alternative solutions such as Pyth and RedStone.
PYTH0.66%
RED8.08%
05:48
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Bolivia Ends Diesel Subsidies to Combat Fuel Shortage; Weekly Cost $55M

According to Jin10, on September 19, Bolivia's President Rodrigo Paz announced the cancellation of diesel subsidies and shifted to unified international pricing to address persistent fuel shortages. The government spends approximately $55 million weekly on subsidies, while 90% of Bolivia's diesel depends on imports. Fuel smuggling and black market resales have driven these losses. Diesel prices will now track global benchmarks, adjusting downward if international costs fall. The move replaces an
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05:44
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Nasdaq-100 ETF Outperforms South Korea's Kospi-200 by 5 Times Over 16 Years, Returns Show 1,673% vs 347%

According to ED Daily, a 100 million won investment made in South Korea's TIGER Nasdaq-100 ETF on October 18, 2010, grew to 1.77 billion won as of September 18, 2026, representing a cumulative return of 1,673%. By comparison, an identical investment in the KODEX 200 ETF, which tracks the Kospi-200 index, reached 447 million won over the same 16-year period, yielding a 347% return. The Nasdaq-100 ETF substantially outperformed its domestic counterpart, driven by strong earnings growth from major
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05:32
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South Korea's DigitalX Faces Scrutiny Over Undisclosed VIP Trading Event; Rivals Deny Similar Practices

According to lawmaker Jo Jung-hoon's office on September 18, DigitalX exchange faced controversy over a non-public VIP trading event that drove a 16-fold surge in trading volume in late August. Data from South Korea's Financial Supervisory Service showed that major rivals Dunamu (Upbit operator), Bithumb, and Streami (Gopax operator) all stated they had not conducted such undisclosed VIP events over the past three years. DigitalX and Coinone declined to disclose specifics, citing business confid
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05:18
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Brazil's Securities Regulator CVM Launches 60-Day DLT Pilot for Tokenized Securities

According to Ledger Insights, Brazil's securities regulator (CVM) on September 19 announced a distributed ledger technology (DLT) pilot program for tokenized securities. The simulation-based test will run for 60 days, with a possible 30-day extension, and will not involve real securities or live investors. Coordinated by CVM's Tokenization Working Group, the pilot will cover the full lifecycle of stocks, bonds, receivables certificates, and investment fund shares from issuance to settlement. The
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05:14
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Defense Firms Racing to Build Underwater Drones, Fincantieri Invests €600M

According to CNBC, governments and defense companies are increasingly investing in autonomous underwater vehicles and seabed monitoring systems to protect critical infrastructure, marking what experts describe as an emerging "arms race" on the ocean floor. The shift follows sabotage incidents including the 2022 Nord Stream pipeline explosions and growing hybrid warfare concerns. Italian shipbuilder Fincantieri announced in July plans to acquire majority stakes in four companies for approximately
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05:12
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Arbitrum Tokenized Funds Reach $800M Milestone This Week

According to Arbitrum, the platform's tokenized funds reached $800 million in market cap this week, marking a significant milestone for decentralized finance. The growth is attributed to projects including Spiko Finance, USDai, FTDA, and WisdomTree, which have contributed substantially to the expansion of tokenized assets on the layer-2 network. The surge reflects increasing interest in tokenization within the Arbitrum ecosystem.
ARB-1.36%
05:07
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KOSPI Could Fall Below 5200 in H1 2027, Sogang Professor Warns; Won-Dollar Rate May Hit 1200s

According to Financial News, on Sept. 15, Sogang University economics professor Kim Young-ik forecasted that South Korea's KOSPI index could fall below the 5200 level in the first half of 2027. Speaking on KBS YouTube channel Money Ola, Kim attributed the downside risk to a confluence of headwinds: U.S. 10-year Treasury yields reaching 5%, international crude oil prices exceeding $106 per barrel, and emerging concerns about AI semiconductor momentum slowdown. He noted that KOSPI entered a downtr
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05:06
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Putin Criticizes European Leaders for Preparing War with Russia on Sept 18

According to Jin10, Russian President Putin criticized European leaders at a military-industrial committee meeting on Sept 18 for publicly declaring preparations for war with Russia, saying they are attempting to cover up failures in economic and social policies and boost declining approval ratings. Putin stated that European citizens oppose conflict with Russia, yet some leaders continue escalating tensions and treating Ukrainians as cannon fodder. He reaffirmed that Russia has no aggressive in
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05:03
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IOC President Attends Nagoya Asian Games Opening on Sept 19, Calls for Closer Olympic Ties

According to Xinhua, International Olympic Committee President Kirsty Coventry attended the opening ceremony of the 20th Asian Games in Nagoya on September 19 evening. During an interview, Coventry acknowledged that continental sports organizations should independently determine their sport programs but emphasized that closer coordination with the Olympic Games should be the future direction.