Gate Crypto Flash News and Market Updates

According to India's Commerce Ministry, Commerce Minister Piyush Goyal will visit the United States this week to hold bilateral talks with U.S. officials, with both sides seeking to finalize an interim trade agreement. Goyal departs on Tuesday for a seven-day visit and will attend the Group of Twenty trade ministers meeting in Milwaukee on September 30 to October 1, where he is scheduled to meet with the U.S. Commerce Secretary to advance a balanced and mutually beneficial trade deal.

According to Cerebras, on September 28 the US AI chip company said it plans to supply AI chips and hardware with 100 megawatts capacity to Gimlet Labs for the startup's cloud computing business. Cerebras will deliver its CS-4 systems over one to two years, with Gimlet targeting 2027 to launch the service. The systems, built around Cerebras's wafer-scale WSE-3 Turbo chip, will run frontier models for AI inference—the stage when AI models generate responses to user prompts. Gimlet will maintain an

According to a post on X, Martin Carrica has joined Coinbase as Head of Stablecoins, tasked with expanding stablecoin distribution and adoption. Carrica previously spent four years working on regulated stablecoins at stablecoin issuer Mountain Protocol and licensed crypto platform Anchorage. In his announcement, Carrica stated that stablecoins represent the most transformative financial product and remain relatively small in scale despite significant progress, with his focus on scaling the techn

According to Guru Club, Michael Burry on Monday, September 29, announced he is converting short positions in key AI-related stocks to put options to achieve more cost-effective leverage over a shorter timeframe. Burry is replacing his Micron short with June-expiring puts at 500-strike, Nebius short with June-expiring puts in the two-digit range, and his iShares Semiconductor ETF (SOXX) short with September 2027-expiring puts at the low end of 400-strike, citing relatively cheaper options due to

According to ChainCatcher, Verona announced the launch of verUSD, positioned as the first stablecoin designed for AI agents. The project has secured over $100 million in institutional commitments, with participating investors including Animoca Ventures, Figment Capital, Sfermion, Pentos Ventures, and ArkStream. verUSD is intended to facilitate value transfer and settlement between AI agents on-chain.

On Monday, September 29, Tesla stock fell to $357.45, marking its worst day in nearly a month, as analysts lowered expectations for third-quarter vehicle deliveries. Cantor Fitzgerald expects 421,758 deliveries versus the 448,679-unit consensus, while JPMorgan cut its forecast to 482,000 from 516,000 units, citing weaker-than-expected results in China and the U.S. The company is scheduled to report Q3 results on Friday. Meanwhile, construction of Elon Musk's Terafab semiconductor project is unde

Apple has released iOS/iPadOS 26.7.1 to address CVE-2026-86950, a critical out-of-bounds write vulnerability that could allow arbitrary code execution, according to the company's official announcement. The flaw has been actively exploited in targeted attacks. Security researcher @SlowMistTeam recommends users prioritize updating their devices to protect sensitive wallet data and digital assets.

Ari Paul, founder of BlockTower Capital, alleged today that Coinbase concealed hundreds of millions of dollars in hacking attack losses and failed to reimburse customers. Paul stated that BlockTower lost approximately $25 million to hacking years ago, which he claims was part of a pattern of concealed large-scale attacks. According to Paul's investigation, at least 12 companies were affected, with total undisclosed losses exceeding $1 billion. Paul noted that multiple lawsuits are ongoing but de

According to Luzhong Morning Post, on Sept 28, Apple confirmed that iPhone 18 Pro and iPhone 18 Pro Max models have a critical Face ID system vulnerability. The glitch causes devices to freeze during facial recognition unlock or third-party app authentication scenarios, followed by automatic restart. The bug triggers in specific conditions: unlocking in low-light environments with skewed grip angles, or activating Face ID through apps like WeChat or payment platforms. Apple's customer service ac

According to ChainCatcher, ITC Crypto founder Benjamin Cowen questioned bearish Bitcoin forecasts for Q4, noting that technical indicators currently favor bulls. BTC is now less than 1% away from its May high, making it premature to draw firm conclusions about the fourth quarter before it begins.

According to independent investigator tanuki42, Circle has frozen approximately $201,000 in stolen Bitget funds. The assets are currently stranded between Noble and Ethereum after an attempted cross-chain transfer was halted due to CCTP (Cross-Chain Transfer Protocol) daily limits.

According to Foresight News, citing Bitget market data, Numeraire (NMR) reached a high of 15.4 USDT this morning on September 29, with the token currently trading at 14.1 USDT and posting a 24-hour gain of 37.36%.

According to both governments, Israeli Prime Minister Benjamin Netanyahu visited the United Arab Emirates on September 27 at the invitation of UAE President Mohamed bin Zayed Al Nahyan. The two leaders met in Abu Dhabi to discuss strengthening bilateral ties and addressing regional challenges. Netanyahu's delegation included Israel's National Security Council chief and Mossad director.

Japan conducted an auction of 40-year government bonds today, achieving a subscription ratio of 3.1, the highest level since 2020. The previous 12-month average subscription ratio was 2.67.

According to Citrini analyst Jukan citing TickerTrends data, Anthropic's annualized recurring revenue (ARR) reached approximately $76.8 billion as of September 24, with a month-over-month increase of only 1.8%. In comparison, OpenAI's ARR stood at $50.44 billion with a month-over-month increase of 13.4% during the same period.

According to CNBC, Nvidia CEO Jensen Huang said on Monday that using competitor products for training or learning constitutes competition and refused to characterize AI model distillation as theft. Huang stated that people can test others' products, and Nvidia products are sometimes reverse-engineered to understand how they work. He expressed hope that others would not learn from Nvidia products, but noted that competition makes everything better. He added that if companies do not want others to

According to Jin10, offshore CNH Hong Kong Interbank Offered Rates (HIBOR) rose across most tenors on Tuesday, Sept 29. The one-week HIBOR increased to 1.43788%, reaching its highest level since July 22. Overnight HIBOR rose 2 basis points to 1.38962%, marking a new high since Sept 18, while the two-week rate climbed to 1.46576%.

China's domestic futures contracts declined broadly during early morning session today (September 29), with No. 20 rubber futures dropping over 3%, containerized freight European route and crude oil (SC) falling nearly 3%. Eggs, polysilicon, rubber, ethylene glycol (EG), platinum, palladium, and Shanghai silver all declined over 2%. On the upside, methanol, bitumen, and propylene rose over 2%, while pure benzene and styrene (EB) gained over 1%.

QNT surged 10.47% in the last hour, reaching $229.14 as trading activity spiked. Despite a 24-hour decline of 11.41%, the asset rebounded from $207.43 to $229.14, driven by heightened network engagement. Trading volume over the past 24 hours reached approximately $205.48 million, with the asset recording a 24-hour high of $237.38 and low of $206.24.

According to Odaily, Hyperliquid whale Boomer (X: solanadoomer1) closed long positions across 10 altcoins including ZEC, NEAR, UNI, HYPE, PUMP, ENA, AERO, ONDO, SKY, and PENGU this morning, with a combined notional value of $31.1 million. The liquidation resulted in a net loss of approximately $1.248 million, with only PUMP recording a small gain. Approximately five minutes after closing his ZEC long, Boomer initiated short positions in ZEC and NEAR totaling $9.707 million. His ZEC short holds 6