Gate Crypto Flash News and Market Updates

According to CoinDesk on September 24, StarkWare estimates the GPU computing cost to prepare a quantum-safe Bitcoin transaction has dropped from approximately $320 to $66, representing a 79% reduction. The initial figure was based on an August transaction that required about 100 GPUs and 3,100 cumulative computing hours. The $66 estimate remains preliminary and has not yet been verified in an actual mined Bitcoin transaction using the optimized code.

CryptoUK has warned of rising violence against cryptocurrency holders, referencing a Gart report that documents 305 cases where individuals were threatened, kidnapped, tortured, or killed due to their crypto holdings. Nearly half of the documented cases involved severe violence or torture. The organization has highlighted how social media and leaked customer records are exploited to identify and target individuals, and stressed the urgent need for enhanced security protocols and data protection

Richmond Federal Reserve President Thomas Barkin, a 2027 FOMC voter, will participate in a fireside chat at the Economic Club in 10 minutes.

According to Bonk Guy on X, reported by PANews on September 24, most popular altcoins have declined by over 50% in the past two weeks amid on-chain market weakness, with only a few assets like USELESS and STONK showing relative resilience compared to the strong momentum of 1-2 months ago. Bonk Guy advised investors against selling high-conviction holdings during market downturns, noting that the real challenge is holding and buying on dips during painful consolidation phases rather than buying d

According to a statement by Ethiopia's Prime Minister's office, Ethiopia, Djibouti, and Nigeria will construct a $660 million petroleum refining pipeline jointly led by Nigerian billionaire Aliko Dangote.

According to Whale Alert, Kraken transferred 1,000 Bitcoin worth approximately $83.7 million to an unknown wallet today (September 24). The transaction marks notable activity among large holders in the market.

According to Jin10, on Sept 24, U.S. heating oil spreads against European diesel hit their lowest level since late April amid escalating concerns over a potential Trump administration diesel export ban. The single-day price differential swung at its largest magnitude since 2022, fueled by worries over domestic supply constraints. U.S. Energy Secretary Wright told oil industry leaders to prepare for possible export restrictions due to rising retail fuel prices. The EU has also expressed concerns

According to Jin10, the eighth China-OPEC high-level dialogue was successfully held in Beijing on September 23. China's National Energy Administration (NEA) Director Wang Hongzhi and OPEC Secretary General Haitham Al Ghais co-chaired the meeting. Both sides conducted in-depth discussions on global energy markets, energy transition, and deepening cooperation, reaching broad consensus. Wang emphasized China's commitment to closer partnership with OPEC on oil and gas policy coordination, energy tra

According to Specter, a blockchain security researcher, a MetaMask Swap router contract address has been on Tether's blacklist since 2021 and remains blacklisted today, spanning nearly five years. The discovery was made while investigating the Payy Network attack, Specter noted.

According to Bybit CEO Ben Zhou in an interview with Cointelegraph on Thursday, the era of pure crypto exchanges is ending as customers demand stocks, gold, forex, and other assets alongside digital assets. Zhou stated, "The people who trade crypto also want stocks, gold, forex, indices, and derivatives. They want to pay, save, and grow their wealth in the same place." Bybit launched "Make Your Move," a campaign positioning the exchange as a broader financial platform offering derivatives tied t

According to the National Hurricane Center, a storm located several hundred miles south-southeast of the Cape Verde islands has a 70% probability of developing into a cyclone within the next 48 hours.

Qualcomm renewed its global patent licensing agreement with Apple, effective April 1, 2027, the chipmaker announced. The new agreement will replace the current licensing terms.

According to Federated Hermes, the Federal Reserve's 25 basis point rate hike last week underscores the reality facing bond investors throughout 2026: interest rates have risen significantly with uncertain downside paths ahead. Karen Manna, the firm's fixed income strategist, noted that elevated U.S. Treasury yields reflect multiple factors including resilient economic growth, persistent inflation concerns, large fiscal deficits, and market reassessment of "normal" rate levels. Manna stated that

White House chief economist Kevin Hassett criticized the Federal Reserve on Wednesday for raising interest rates despite core inflation remaining at about 2% annually. Speaking at an event at Georgetown University, Hassett questioned why non-Trump-appointed Fed officials were supporting the rate increase and described Fed Chair Kevin Warsh as leading an "exceptionally politicized" central bank. Several Fed officials, including Warsh, Powell, and Barr, voted to support the rate hike last week, wi

According to on-chain analyst Yulin, HypeStrat (0x6436...0103) accumulated 1.44 million HYPE tokens over the past week at an average price of approximately $93.7 each, worth around $135 million. The address now holds approximately 35.1 million HYPE tokens valued at roughly $3.206 billion, with an average cost basis of $46.7 per token. The unrealized gain stands at approximately $1.567 billion.

According to regulatory filings, Starbucks will close 250 underperforming locations across North America as CEO Brian Niccol accelerates a business restructuring aimed at boosting sales.

According to JP Morgan analyst Samik Chatterjee on September 24, CoreWeave's investment rating was upgraded from neutral to overweight, with the 2027 target price raised from $120 to $125, implying 42% upside from the previous close. The upgrade reflects strong product demand; CoreWeave raised prices across its product line by 25% in July, expanding new contract contribution margins by 5-10 percentage points compared to existing contracts. Pre-market trading on the day showed the stock up 1.09%

According to DeFi researcher Ignas, Binance token listings have become potential "favorable news realization" events today, creating selling pressure on projects. Ignas noted that projects must allocate tokens for airdrops and marketing on platforms like Binance Launchpool, which eventually flow to BNB or FDUSD holders who may sell them for immediate returns. Ignas cited examples: Scroll allocated 5.5% of total supply to Binance Launchpool, while Zama recently provided 45 million ZAMA tokens for

According to Jin10, China's insurance institutions have been approved to invest in Hong Kong Stock Connect ETFs, effective from September 20, 2026. Institutions already permitted to invest in Hong Kong Stock Connect stocks can now invest in related ETFs under the same regulatory guidelines. The approval aims to optimize insurance asset allocation and regulate investment behavior in exchange-traded funds linked to the Stock Connect mechanism. This move is expected to enhance market liquidity and