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
03:59
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Japan FSA Flags Exchanges for Steering Users to Higher-Margin Dealer Platforms, Proposes UI Design Rules

According to CoinPost, on September 18, Japan's Financial Services Agency flagged exchanges for potentially steering users toward higher-margin dealer platforms during a July 15 meeting with industry associations. The FSA noted that platforms offering both "dealer" (where the platform acts as counterparty and captures bid-ask spreads) and "exchange" (where users trade with each other and platforms charge only fees) services may be directing clients to higher-revenue dealer services. Citing custo
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03:53
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Geopolitical Risks and Supply Tightness Support Elevated China Oil Prices Next Week

According to Jin10 Futures on Sept 18, China's refined oil prices are expected to maintain elevated levels next week, driven by persisting geopolitical risks and domestic supply constraints. The Hormuz Strait passage remains unresolved, while Saudi Arabia's east-west oil pipeline is disrupted following attacks, and U.S.-Iran tensions continue to amplify regional spillover risks supporting crude oil volatility. On the supply side, domestic refinery operating rates face headwinds as independent re
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03:49
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Bitcoin ETF Assets Could Reach Three Times Gold ETF Size Long-Term, Says Bloomberg Analyst

According to Bloomberg senior ETF analyst Eric Balchunas, Bitcoin ETF assets could reach three times the size of gold ETF assets over the long term, he reiterated on X today (September 18). Balchunas attributed this to Bitcoin's younger investor base, anticipated adoption from large funds as Bitcoin matures and volatility stabilizes, and stronger market enthusiasm and investor education efforts for the Bitcoin ETF product category compared to gold.
BTC1.21%
03:49
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World Launches World Money Self-Custody Super App in 150+ Countries on September 18

According to World, the company launched World Money, a self-custody financial super app, on Thursday in more than 150 countries. The app enables users to send stablecoins and digital assets via World username, deposit eligible assets to earn rewards, and trade digital assets through integrated exchanges. Users can also access Mini Apps including Kalshi, Credit and Morpho. World Money operates as a dedicated financial services app separate from World ID App, which handles identity verification.
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MORPHO9.80%
03:49
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NEAR Surges 49.6% in Two Days to $3.44, Trader mk4 Pockets $6.37M Unrealized Gains

According to BlockBeats, on September 18, NEAR surged to approximately $3.44, gaining 29.6% in 24 hours and 49.6% over two days from its September 16 opening price of $2.3012. Seven traders on Hyperliquid holding long NEAR positions accumulated combined unrealized gains of approximately $23.107 million, with positions established between $1.80 and $2.35. Early whale mk4, associated with the 0x7737 address, is the largest position holder, currently maintaining a 10x leveraged long of approximatel
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NEAR29.91%
03:49
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RBA Officials Signal Rate Hike; UBS Predicts Two More Hikes, Pushing Cash Rate to 4.85%

According to Jin10, Reserve Bank of Australia officials signaled continued rate increases today (September 18). RBA Governor Michele Bullock stated inflation risks are tilted to the upside, while Deputy Governor Andrew Hauser affirmed the board's commitment to meeting inflation targets. UBS predicts the September rate hike will not be the last, forecasting two additional hikes that would lift the cash rate to 4.85%. Market pricing currently shows a 70-75% probability of a 25 basis point hike in
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03:49
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Chaoxi Capital Closes 1.6 Billion Yuan Fund on September 18

According to Jin10, Chaoxi Capital completed the final closing of its second-phase RMB fund on September 18, raising 1.6 billion yuan. The fund attracted backing from leading institutional investors including industrial capital, provincial government funds, market-oriented funds, state-owned investment platforms, and financial institutions.
03:46
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Bolivia Commits to Cryptocurrency Regulatory Framework With IMF Agreement

According to Criptonoticias, Bolivia's government has reached an agreement with the International Monetary Fund to establish a regulatory and supervisory framework for virtual assets, aimed at combating illegal capital outflows and strengthening anti-money laundering and counter-terrorism financing mechanisms. The government is also evaluating the feasibility of incorporating USDT (Tether) into its national payment system. Implementation timelines, responsible agencies, and specific legislative
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03:45
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Dragonfly Partner: Zcash Development Fund Should Be Maintained Until Protocol Finalization

According to Haseeb Qureshi, Dragonfly managing partner, on September 18, Zcash's development fund should continue operating to complete technical work before protocol finalization, including Tachyon upgrades and quantum resistance improvements. However, he emphasized this round should be the final one; once Zcash achieves protocol finalization conditions, the fund should be phased out rather than seek new grants. The fund currently expires in 2028 under existing rules but has expanded to over $
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03:44
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AI Pioneer Andrew Ng Dismisses Extinction Warnings as 'Science Fiction,' As Safety Debate Heats Up

According to Bloomberg, Google Brain co-founder Andrew Ng called recent warnings about AI posing an existential threat to humanity "much more science fiction than science" on Thursday, arguing the industry should focus on practical engineering problems instead. Ng said he was "quite dismayed" by the renewed wave of catastrophic AI scenarios from researchers and executives, suggesting some companies amplify such warnings to influence regulation and generate publicity. Investor Steve Eisman echoed
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03:42
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StablecoinX's 3.029 Billion ENA Tokens to Unlock Permanently on October 5

According to Foresight News, StablecoinX, which manages ENA as treasury assets, disclosed in a Form 8-K filing that its entire ENA lock-up period will be permanently lifted on October 5, 2026. The company holds approximately 3.029 billion ENA tokens, representing about 20% of the total ENA supply. Other ENA token holders will also see their lock-ups lifted on the same date. However, any sale of ENA must be preceded by written consent from the Ethena Foundation.
ENA8.74%
03:41
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BOJ Statement Falls Short of Hawk Expectations Today, Wells Fargo Says

According to Jin10, Wells Fargo's Chief Strategy Officer for Asia-Pacific Chidu Narayanan said today that the Bank of Japan's policy decision this morning lacked sufficient hawkish tone for markets, likely to push higher USD/JPY and weigh on near-term Japanese government bond yields. Although two dovish board members voted against the decision, the statement's wording was insufficient relative to pre-meeting market expectations of swift rate hikes.
03:41
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DeFi Protocol Likwid Loses 74.31 BNB in Smart Contract Lending Vulnerability Attack

According to Foresight News, DeFi protocol Likwid suffered an attack due to a lending logic vulnerability in its smart contract, losing 74.31 BNB (approximately $55,700), according to Slow Mist monitoring. The vulnerability stems from the contract failing to update trading pair reserves when leverage parameters are set to zero, causing each lending transaction to return the same quote. The attacker exploited this by executing 14 repeated margin and lending cycles, settling 211.8 million tokens a
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