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
06:04
0

Binance to Delist Stablecoin USDP on September 24, Terminates Related Services

According to Binance's official announcement, the exchange will delist Pax Dollar (USDP) spot trading pairs effective September 24, 2026 at 03:00 UTC. The delisting includes discontinuation of Trading Bots, Spot Copy Trading, Convert, and Gift Card services. USDP deposits will stop being credited after September 25 at 03:00 UTC, while withdrawals remain supported until November 24 at 03:00 UTC. Various modules including Simple Earn, Margin, and Pay will be phased out or undergo forced liquidatio
More
06:02
0

Consensys to Split Into MetaMask and Institutional Business by End of 2026

According to its official announcement, Consensys plans to split into two independent companies by the end of 2026: MetaMask will focus on consumer financial services including payments, savings and investing, while the new Consensys will concentrate on Ethereum protocols and infrastructure for institutional customers. Joe Lubin will serve as chairman and CEO of MetaMask, with Mike Kriak leading the institutional infrastructure business. MetaMask has exceeded 100 million downloads and supported
More
ETH-0.57%
LINEA-1.95%
05:50
0

Trump Administration Targets 10,000 Annual Space Launches by 2035 With New SPACE Task Force

On Wednesday, Transportation Secretary Sean Duffy announced the formation of the SPACE Task Force, aimed at accelerating commercial-space growth and targeting 10,000 FAA-licensed launches and reentries annually by 2035. The task force will coordinate policy across the Department of Transportation and implement President Trump's National Space Transportation Policy, with mandates including faster permitting, expanded infrastructure, and better airspace integration. Meanwhile, SpaceX is reportedly
More
05:45
0

BOJ Board Member Eyes Rate Decision Based on Yen Strength, Commodity Prices Next Week

According to Bank of Japan board member Masaaki Shirakawa, the central bank will comprehensively review currency and commodity price movements ahead of next week's monetary policy meeting to determine interest rate policy. Shirakawa cited rising yen strength, elevated oil prices, and climbing global food prices as key factors the BOJ will assess in its decision-making process.
05:44
0

South Korea's KIC Shifts to Strategic Sovereign Fund Model with 20 Trillion Won Investment Target

According to Yonhapnewsplus, South Korea's Korea Investment Corporation (KIC) announced today a strategic transformation from a savings-focused sovereign fund to a strategic fund focused on domestic industries. The government has set an investment target of at least 20 trillion won for the new strategic investment account, with amendments to the KIC Act planned for later this year. KIC President Park Il-young stated that the fund will serve as a catalyst for attracting global capital to Korea wh
More
05:43
0

Korean Investment & Securities Lowers H2 KRW/USD Forecast to 1,380 from 1,420 on Sept 10

According to Korean Investment & Securities, the firm revised down its H2 2026 average KRW/USD forecast to 1,380 won on September 10, lowering it by 40 won from the previous 1,420 won estimate. The brokerage expects Q3 and Q4 average rates at 1,410 won and 1,350 won respectively, and narrowed the year-end fair-value range to 1,280–1,420 won from the prior 1,340–1,520 won range. The firm noted that short-term volatility could push rates into the 1,200 won range, citing sustained dollar selling pr
More
05:43
0

AI Hyperscalers' Data Center Capex to Peak at $1.47 Trillion in 2027, Morgan Stanley Says

According to Morgan Stanley's latest research, Amazon, Google, Microsoft, and Meta's combined data center capital expenditure is projected to peak at approximately $1.47 trillion in 2027, rising from $466 billion in 2025, before growth decelerates to 12% year-over-year in 2028. Morgan Stanley's analysis reveals significant return-on-invested-capital (ROIC) disparities across AI business models: hyperscalers with proprietary infrastructure and in-house AI models, such as Meta and Google, achieve
More
05:38
0

South Korea Crypto Industry Seeks Tax Filing Extension Beyond 2028 Over Asset Verification Issues

According to DAXA, the Digital Asset Exchange Association of South Korea, on September 10, the country's virtual asset industry called for additional deferral of income tax filing deadlines, citing insufficient technical infrastructure and unresolved taxation standards. Under current law, virtual asset gains exceeding 2.5 million Korean won annually face a 22% tax rate, with first reporting and payment scheduled for May 2028. The industry's primary concern centers on verifying acquisition prices
More
05:35
0

TSMC Posts August Revenue of NT$514.8B, Up 53.3% YoY

Taiwan Semiconductor Manufacturing Company reported August revenue of NT$514.8 billion, up 53.3% year-over-year. Cumulative revenue for January through August reached NT$3.39 trillion, marking a 39.3% increase compared to the same period last year.
05:33
0

Qianwen Unveils AI Glasses N1 with Iris Recognition, Error Rate Below One in a Million

According to PANews and Xinhua Technology, Qianwen's new AI glasses model N1 debuted today (September 10) at the 2026 Bund Summit AI Payment Exhibition. The device introduces iris recognition capability for the first time with an error rate below one in a million, enabling identity verification through eye tracking in complex environments. The glasses lack a display screen, which staff suggested may result in a lower price point compared to the S1 model.