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
20:17
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Ondo Finance Founder Nathan Allman Dies at 32; Company Faces Succession Crisis, Denies Sale Talks

According to ChainCatcher, citing three informed sources, real-world asset tokenization platform Ondo Finance was recommended to potential buyers after founder and CEO Nathan Allman died on May 25. Allman passed away at 32 without leaving a will; his estate has been transferred to his parents following probate proceedings. In early August, Allman's estate representatives filed a lawsuit against interim CEO Ian De Bode, alleging illegal seizure of company control and funds. An Ondo spokesperson d
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ONDO24.29%
20:16
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DoubleZero Launches Dedicated Fiber-Optic Market Data Feed for Hyperliquid

According to ChainCatcher, DoubleZero has launched a dedicated fiber-optic market data feed for Hyperliquid, enabling institutional traders to access complete order book data via fiber lines rather than public APIs. The feed covers Hyperliquid's native perpetual contracts market and derivatives offered by trade[XYZ], including perpetual contracts tied to crude oil, gold, and silver. The data source was developed jointly with validator operators and ecosystem partners Hyperion DeFi, MAVAN, and Ki
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2Z13.09%
HYPE0.93%
SOL2.46%
20:14
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$55B Vanguard Bond Manager Shifts to Defensive Stance as Treasury Yields Spike

According to Reuters, on Sept 24, senior portfolio managers at top asset management firms overseeing roughly $700 billion are prioritizing capital preservation over aggressive macroeconomic positions amid surging U.S. Treasury yields. Narayan, co-head of investment-grade credit at Vanguard Group and senior portfolio manager of the Vanguard Short-Term Investment Grade Fund ($55B fund), told Reuters: "It's time to be selective, conservative, and pick your spots carefully. This is not the time to b
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20:13
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Xi Urges Trump to Handle Taiwan Issue 'Prudently', Warns of Thucydides Trap on September 24

According to China's state media Xinhua, during talks with President Trump on September 24, Xi Jinping urged the U.S. president to handle the Taiwan issue "prudently." Xi also reiterated warnings about the Thucydides Trap, emphasizing that competition between the two nations should be healthy and bounded, resembling a race rather than a zero-sum contest. Xi stated that China and the U.S. have a responsibility to develop and manage artificial intelligence responsibly, ensuring AI remains under hu
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20:13
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Kamino Launches sUSDai Collateral Market on Solana With 80% Max LTV

According to ChainCatcher, Kamino, a lending protocol on Solana, has launched a sUSDai collateral market today (Sept. 24). Users holding sUSDai, an asset tied to GPU loans, can now deposit it as collateral to borrow USDC at a maximum loan-to-value (LTV) ratio of 80%. Liquidation will be triggered when the collateral ratio reaches 85%.
KMNO6.94%
SOL2.46%
USDC0.02%
20:13
0

Blue Origin Raises $10 Billion at $140 Billion Valuation, Bezos Invests $20 Billion

According to Wall Street Journal documents, Blue Origin raised $10 billion at a $140 billion valuation in 2026, with Bezos contributing $20 billion. The company generated $800 million in revenue during 2025 and an estimated $1.4 billion in revenue through the current year. Bezos has invested a total of $30 billion in Blue Origin since 2000.
20:07
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South Korean Retail Investors Continue U.S. Stock Trading During Chuseok Holiday as Markets Remain Open

According to Korean securities depository data, U.S. stock markets remain open on Sep 25 during South Korea's Chuseok holiday, while domestic exchanges are closed. South Korean retail investors continue active trading, with year-to-date net inflows reaching approximately $17 billion through Sep 22. Investments are concentrated in technology stocks and index-tracking ETFs, including Alphabet A ($1.7 billion), Invesco Nasdaq-100 ETF ($1.7 billion), Vanguard S&P 500 ETF ($1.5 billion), and Micron (
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20:07
0

OpenAI Faces Class-Action Lawsuit Over Sharing ChatGPT Conversations With Contractors, 8 Legal Claims

According to ChainCatcher, two California ChatGPT users filed a proposed class-action lawsuit against OpenAI this month in U.S. District Court for the Northern District of California, alleging the company failed to adequately disclose that it shares user conversations with external contractors. The complaint, served on September 2, centers on OpenAI's Project Lily, through which "AI data reviewers" and "chatbot evaluators" recruited via third-party labor companies read actual ChatGPT prompts and
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20:02
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DTCC Announces Ondo as First Tokenization Platform to Join Fund/SERV on September 16

According to HIFI CEO Zach Walsh, on September 16, DTCC announced that Ondo's broker-dealer subsidiary became the first tokenization platform to join Fund/SERV, the processing and distribution network that handles over 85% of U.S. mutual fund transaction activity. The move signals growing integration of tokenized products with existing institutional market infrastructure. Tokenized U.S. Treasury funds have reached nearly $15 billion in distributed value, with tokenized stocks and ETFs at roughly
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ONDO24.29%
20:01
0

FIO Price Climbs 10.91% to $0.000532 in Last Hour

FIO Protocol's price rose 10.91% in the last hour, reaching $0.000532. The 24-hour gain stands at 7.21%, with trading volume recorded at $5,525.6 over the same period. The daily price range has moved between $0.000438 and $0.000532.
20:01
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Google Launches Gemini 3.8 Live with Live Avatar, Supporting 97 Languages on Sep 24

According to The Verge, Google launched Gemini 3.8 Live with Live Avatar on Sep 24, enabling conversations with an animated AI persona that lip-syncs and displays different facial expressions in real-time. The Live Avatar supports 97 languages without visual degradation or drift, and can transition between languages seamlessly while pulling information on-screen. Currently available only to Gemini Enterprise customers, the feature includes a library of preset avatars and allows organizations to
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20:01
0

S&P 500 Closes Flat as Telecom Surges 1.9%; Arm Drops 8.5% on Nasdaq 100

U.S. stock indices closed mostly flat on September 24. The S&P 500 finished flat with the telecom sector up 1.9%, while the tech sector fell 0.2% and materials declined 1%. The energy sector gained 0.4%. On the Nasdaq 100, Meta led gainers with a 4.6% rise, followed by Nebius Group (+7.6%) and Rocket Lab (+4.8%). Arm Holdings fell 8.5%, Western Digital dropped 4.9%, and SanDisk declined 3.5%.
19:55
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XRP Falls 8% to $1.50 in 24 Hours Despite $18.04M ETF Inflows

XRP price fell to $1.50 on September 23-24, down 8% over the prior 24 hours, even as U.S. spot XRP ETFs pulled in $18.04 million in net inflows during the session. The decline highlights a disconnect: ETF demand continued while spot-market selling pressure overwhelmed fund purchases. XRP's 24-hour range ran from $1.60 down to $1.46, with market capitalization falling to $92 billion. Against Bitcoin, XRP slipped 5.6% to 0.00001755 BTC. The Bitwise XRP ETF led the session with $11.54 million in in
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XRP2.33%
BTC-0.09%