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
18:41
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NEAR Protocol Hosts Virtual NEAR Day Live Event Today With Polysukhin, Skidanov

According to its official announcement, NEAR Protocol is hosting Virtual NEAR Day live today, featuring keynote speakers Illia Polosukhin and Alex Skidanov. The event focuses on critical discussions around privacy and artificial intelligence, highlighting the platform's commitment to emerging technological trends in the blockchain space.
NEAR-3.58%
18:34
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Jim Cramer Recommends 6 Stocks to Buy While Narrowing AI Exposure

According to CNBC Investing Club, on Thursday at the club's September Monthly Meeting, Jim Cramer and portfolio director Jeff Marks highlighted six stocks to buy while becoming more selective about artificial intelligence investments. The six picks are Kimberly Clark, which benefits from a pending Kenvue acquisition offering scale and cost reductions; Bank of New York, a lower-risk financial with 70% fee-based revenue; Intel, viewed favorably after its stock pullback; Micron, trading at six time
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18:32
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UK Offshore Trustees Reject 240 Crypto Millionaires Over Source-of-Wealth Verification

According to Financial Times reporting, offshore trust companies are rejecting crypto millionaires who seek to integrate digital-asset wealth into traditional estate structures, citing an inability to verify the origin of funds. HMRC data released on August 27 showed that 240 UK taxpayers declared capital gains exceeding £1 million each from crypto in the 2024-25 tax year, accounting for £717 million in total declared gains. Trustees cite challenges in satisfying source-of-wealth requirements, a
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18:31
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Valinor Launches Tokenized BDC Fund VBDC on Ethereum, Superstate Assets Surpass $1B

According to ChainCatcher, Valinor Digital launched the tokenized Valinor BDC Exposure Fund (VBDC) on September 1, offering qualified investors daily redemption and subscription access to a basket of publicly listed business development company (BDC) stocks. The fund operates on Superstate's FundOS platform as a series of Superstate Asset Trust, managed by Valinor Digital Capital. VBDC charges a 1.25% management fee on top of existing BDC fees and caps daily redemptions at 7.5% of net asset valu
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ETH-1.24%
18:25
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Boring Company Reaches $23 Billion Valuation, Raises $3B from UAE Investors

According to an announcement late Wednesday, Elon Musk's Boring Company reached a $23 billion valuation in its latest funding round. The round was led by the United Arab Emirates, bringing in an additional $3 billion. The company plans to use the investment to build over 150 kilometers (93 miles) of tunnels in the UAE, including the Dubai Loop project announced in February last year. Additional backers include Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, and Singapore's Temasek.
18:22
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Coinbase and Moov Partner to Bring Stablecoin Infrastructure to 1,000 U.S. Banks

Coinbase partnered with payments platform Moov this week to bring stablecoin infrastructure to over 1,000 U.S. community banks and credit unions. The collaboration combines Coinbase's digital asset infrastructure with Moov's payments technology, giving smaller financial institutions access to stablecoin payment acceptance, settlement and real-time funding tools without requiring independent development of blockchain systems. The partnership arrives as major U.S. banks are also advancing stableco
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XLM-3.84%
18:19
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SolarEdge Targets $2.4B Revenue by 2029, Advances 800 VDC AI Data Center Powertrain

According to SolarEdge at its 2026 Investor Day on Thursday, the company targets $2.4 billion in revenue by 2029, with a projected gross margin of 35% and earnings before interest and taxes (EBIT) of $360 million. The company also announced that the medium-voltage-to-800 VDC conversion stage of its AI data center powertrain is now operating under load. SolarEdge jointly published an 800 VDC protection and grounding framework with Nvidia, detailing protection and grounding requirements for 800 VD
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18:16
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BIS Warns AI Is Shortening Banks' Software Vulnerability Repair Window From Weeks to Minutes

According to the Bank for International Settlements' Financial Stability Institute, published on Wednesday, advanced AI is significantly reducing the time banks have to fix software vulnerabilities before attackers exploit them. The paper states that the window between vulnerability discovery and exploitation has narrowed from weeks to minutes, rendering traditional periodic security assessments and scheduled patching insufficient. Supervisors including Germany's BaFin and Hong Kong's Monetary A
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18:12
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StripChain Completes Community Sale of 5.5M STRIP Tokens on August 15, Bringing Total Funding to $10.3M

Per ICO Analytics, StripChain completed its community token sale on August 15, 2026, selling 5,526,316 STRIP tokens at $0.0608 for approximately $336,000. Combined with a $10 million funding round led by Sora Ventures in May 2024, StripChain's total capital raised stands at approximately $10.3 million. The STRIP token supply is capped at 300 million units with no vesting requirements for community-sale participants.