Gate Crypto Flash News and Market Updates

According to M0, PayPal's PYUSDx developer platform launched on Sept 9, enabling enterprises and developers to build custom stablecoins and on-chain financial products based on PYUSD. Transaction volume across the platform has exceeded $100 million. M0 provides the technical infrastructure while MoonPay custodies PYUSD reserves. Three initial projects—Saturn, Concrete, and Cap—have already deployed services on PYUSDx, issuing custom stablecoins USDat, concUSD, and cUSD respectively. The platform

According to X's Help Center, on September 9, X overhauled its content monetization program. Creators must now achieve at least 500,000 home timeline impressions from verified paying users over the past 90 days to participate, along with 500 verified followers. The social media platform ended its previous Revenue Sharing program on September 7 and began rolling out the new Original Content Rewards Program on September 8, with eligible former participants gaining access on a rolling basis.

According to Korbit's announcement on September 9, the South Korean cryptocurrency exchange will rebrand to Digital X starting September 16, with its new official website address changing to digitalx.miraeasset.com. The existing website korbit.co.kr will automatically redirect to the new address. User assets, transaction history, and account information will remain unchanged. The exchange's mobile app will automatically update with the new branding; no manual reinstallation is required. However,

According to DeFiLlama, Huobi HTX recorded net inflows of $447 million in the past 24 hours as of September 9, ranking first among all centralized exchanges tracked by the data platform. The exchange's total platform assets reached $4.232 billion, with clean assets at $4.218 billion. Over the same period, HTX's 24-hour spot trading volume stood at $1.036 billion, and open interest in perpetual contracts reached $3.948 billion.

According to Odaily and Gate data, USD/JPY rebounded to 153.543 as of September 9, down 0.2% over the past 24 hours.

According to the State Council Information Office, a press conference will be held on September 10, 2026 at 3 PM to discuss the financial sector's implementation of the 15th Five-Year Plan and the advancement of building a financial powerhouse. The event will feature remarks and responses from People's Bank of China Deputy Governor Lu Lei, Financial Regulatory Commission Vice Chair Cong Lin, Securities Regulatory Commission Vice Chairman Li Chao, and State Administration of Foreign Exchange Spok

According to Odaily, as of writing on September 9, a whale has liquidated approximately $3.67M of its short LIT positions and realized losses of $626K. The whale now holds a remaining short position of 1.14M LIT tokens worth approximately $6.43M on 4x leverage, with an open average price of $4.324. The position is currently $1.119M in drawdown. With LIT trading at $5.30, the whale's liquidation price stands at $5.4450, leaving a margin of just $0.1373 or 2.59%. The whale has initiated a 5-hour T

According to CNBC, the British pound strengthened against major currencies on September 9, gaining 1.6% against the euro, 2.8% against the Swiss franc, 4.9% against the Swedish krona, and 1% against the Canadian dollar since the start of 2026. The gains have been supported by a smooth political transition following Prime Minister Keir Starmer's successor taking office and stronger-than-expected UK economic performance, with GDP growth of 0.6% in the first quarter and 0.4% in the second quarter.

According to Bernstein analyst Gautam Chhugani, on Sept. 9, the firm maintained an outperform rating and $160 price target for Robinhood Markets, citing its Layer 2 network as a rapid source of profitability. Since launching on July 1, Robinhood Chain has accumulated approximately $1.5 billion in total value locked (TVL). Over the past 15 days, the network generated the highest fee revenue across all blockchains at around $33 million, surpassing Solana's $11 million and BNB Chain's $9 million. R

According to Solid Intel monitoring, Robinhood Chain's daily fees reached a record $6 million, while weekly fees surged to $25 million with 17x growth. DEX trading volume doubled to $12.4 billion.

According to German Chancellor Friedrich Merz, Germany's economic growth reached 1.3% in 2026, indicating that initial policy measures are yielding results. "We are on the right path," Merz stated, signaling confidence in the government's economic strategy.

According to Kepler, a ship-tracking institution, only 6 commercial vessels transited the Strait of Hormuz on September 8, down from 9 vessels the previous day and below the typical daily average of around 12 vessels. The data may vary as some vessels typically disable their automatic identification systems during transit.

According to Bloomberg, South Korea has selected a $22 billion natural gas power plant project in Encinal, Texas, as its first investment commitment under last year's Korea-U.S. trade agreement framework. The project will have a total capacity of 6.3 gigawatts, with an initial 1.4 gigawatt gas turbine facility followed by an additional 4.9 gigawatt combined-cycle generation unit, designed to meet growing electricity demand from artificial intelligence data centers.

According to Edaily, South Korea's strategic US investment program began implementation on September 9, with an annual funding limit of $20 billion against a total commitment of $200 billion. The investment will be executed through staged capital calls rather than lump-sum transfers, reducing immediate dollar demand pressure on forex markets. The government plans to fund the initiative using foreign exchange asset returns from the central bank and foreign exchange stabilization fund, supplemente

According to BlockBeats and BIT.com market data, on September 9, semiconductor, storage, and optical communications stocks rose in U.S. pre-market trading Wednesday, with Nokia (NOK) surging nearly 5%. Among semiconductor stocks, Lam Research (LRCX) gained 0.91%, Applied Materials (AMAT) rose 0.41%, and Arm (ARM) climbed 1.12%. Storage names including SK Hynix (SKHY), up 1.63%, and Micron Technology (MU), up 0.84%, also advanced. Optical communications leaders Astera Labs (ALAB) rose 1.31% and C

According to Citigroup's Atif Malik team on September 9, near-packet optics (NPO) has replaced chiplet-package optics (CPO) as the preferred near-term trading direction, with lasers and fiber supply constraints positioning them as the next HBM equivalent. The research, based on interviews with Lightmatter executives during a global TMT conference, indicates NPO will enter the market in 2027 and achieve large-scale deployment by 2028. Lightmatter's dual-directional fiber technology reduces fiber

LeBron James signed with Polymarket on September 5 for a partnership focused on promoting football prediction markets, but the legal status of athlete participation in such trading remains unresolved. While the NBA has no specific policy preventing players from endorsing prediction markets, Polymarket's rules prohibit athletes and insiders from trading contracts tied to events they could influence. As an NBA player, James trading NFL-related contracts using only public information may be permiss

According to ChainCatcher, India's Financial Intelligence Unit (FIU-IND) recently issued non-compliance notices to 15 offshore virtual digital asset service providers under the Anti-Money Laundering (AML) Act Section 13. The platforms named include Weex, Blofin, Rezorex, Bitunix, DigiFinex, Toobit, XT.com, Latoken, WOO X, Pionex, ChangeNow, SimpleSwap, Fixedfloat, WhiteBIT, and Guardarian. They are accused of providing services to Indian users without registering with FIU-IND. Since March 2023,

According to PR Newswire, Polymarket has launched Squads in its US prediction market app, enabling users to create private groups for discussing markets and sharing trading positions. Members can exchange messages, display individual positions and multi-market combinations, and execute trades directly from shared selections, while each participant maintains their individual Polymarket account. The feature is initially limited to Polymarket US, which operates through a federally regulated designa