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
05:45
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CoreWeave Stock Rebounds as ARK Buys $19M in Shares Amid $3B Convertible Notes Offer

CoreWeave (CRWV) shares rebounded over 1% overnight Thursday after hitting a one-month low, as Cathie Wood's ARK Investment Management purchased nearly 240,000 shares across its ARKK and ARKW funds. The combined purchase was worth approximately $19.1 million based on CoreWeave's closing price. The equity acquisition coincided with CoreWeave's announcement of a $3 billion convertible senior notes offering, with an option to increase it to $3.5 billion. The company also launched an at-the-market p
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05:44
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South Korea Expands Housing Finance Support to $47.8T Won While Restricting Household Loans

According to President Lee Jae-myung at a press conference on September 18, South Korea will expand financial support for housing supply while maintaining restrictions on household purchase loans. The government increased guarantees and funding for project financing (PF) and redevelopment projects from 26.3 trillion won to 47.8 trillion won, plus additional support. This includes 23 trillion won in PF guarantees this year and 33 trillion won next year, alongside a 3 trillion won normalization fu
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05:44
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KB Asset Management's Covered Call ETF AUM Exceeds 300 Billion Won with 99% 1-Year Return

On September 18, KB Asset Management announced that its RISE Korea Value-Up Weekly Fixed Covered Call ETF surpassed 300 billion won in net assets. The fund delivered a 1-year return of 99% and maintained a 24.69% annual distribution rate. For three consecutive months through September, the ETF distributed over 3% monthly, with distribution rates of 3.22% in July, 3.21% in August, and 3.08% in September.
05:44
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Generac Signs $2.4B Data Center Generator Supply Deal with Amazon

According to Generac, the company signed a deal with Amazon today (September 18) to supply emergency generators for data centers, with an initial contract worth $2.4 billion through 2028 and potential expansion to $8 billion. Generac shares surged 20% overnight on the announcement. South Korean power cable and equipment stocks rallied in sympathy, with Kaon Cable up 21.31% and Daehan Electric up 9.89%, as the deal signals growing power infrastructure demand from AI data center investments.
05:44
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JPMorgan CEO Backs Light-Touch Federal AI Regulation, Opposes State-Level Rules on Wednesday

According to Guru Club, JPMorgan Chief Executive Officer Jamie Dimon expressed support for light-touch federal-level regulation of the artificial intelligence industry on Wednesday, opposing a patchwork of state rules. Dimon stated that if regulation is necessary, it should be implemented at the federal level with a light touch, as different state laws would complicate AI business operations. He said: "If each matter is governed by different state laws, commerce becomes nearly impossible to cond
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05:44
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Amazon Secures $2.4B Generac Generator Contract, Triggering 20% Surge in Power Equipment Stocks Overnight

According to Generac's statement released overnight, Amazon signed a $2.4 billion contract to supply backup generators for data centers from 2027 to 2028, with potential long-term commitments reaching up to $8 billion. Generac shares surged over 20% on the news. The announcement triggered a rally across Korea's power equipment sector on September 18, with Gaon Electric jumping 21.31%, Daihan Electric rising 9.89%, and other major players including LS Electric, LS Industrial Systems, and HD Hyund
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05:43
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Anthropic's Claude Model Used to Infiltrate OpenAI, Hacktron AI Gains Internal Code Access on September 18

According to Guru Club, security research team Hacktron AI utilized Anthropic's Claude model to exploit a series of vulnerabilities on September 18, successfully accessing an OpenAI employee's ChatGPT account and gaining access to OpenAI's internal Monorepo private code repository. The authorized security research was conducted as part of OpenAI's vulnerability bounty program. OpenAI subsequently awarded Hacktron AI $6,500 and confirmed that all identified security issues have been resolved.
05:42
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NYSE Evaluates 24-Hour On-Chain Trading Via ATS, Engages With Avalanche

According to Foresight News, the New York Stock Exchange (NYSE) is evaluating 24-hour on-chain trading through its alternative trading system (ATS) under development. Executives from the Intercontinental Exchange (ICE) and NYSE, including Michael Blaugrund, stated that Avalanche meets multiple criteria in their assessment, and both parties are in active discussions. The ATS platform remains in development stage, and NYSE has not yet announced final adoption of Avalanche.
AVAX5.20%
05:39
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ECB Vice President Says Global Bond Yields at High Levels Pose No Financial Stability Risk

According to Jin10 on September 18, European Central Bank Vice President Pavol Kovacic stated that market expectations for further ECB rate hikes are primarily driven by rising energy prices, but policymakers will consider broader economic indicators when determining next steps. He said: "Rate path pricing is mainly driven by energy price increases. We do not rely solely on energy prices in monetary policy decisions, but examine broader data and standards. Focusing only on energy prices is not a
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05:38
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Stablecoin Payments Firm dtcpay Closes $25M Series A with SBI Group Investment

According to its official statement on Friday, Singapore-based stablecoin payments firm dtcpay completed a $25 million Series A funding round, with Japan's SBI Group joining as a strategic investor through SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund. Vertex Ventures Southeast Asia & India led the initial tranche. The capital will be used to scale dtcpay's product suite and merchant network, including a revamped business portal for enterprise clients and new features
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05:37
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Renaiss and GIWATER Complete TCG Card Machine Integration; GIWATER Becomes First South Korean DEX Adopter

According to BlockBeats, on September 18, Renaiss and GIWATER completed integration of the TCG card machine application, making GIWATER the first decentralized exchange in South Korea to adopt the application. GIWATER, a participant in Upbit's GIWA ecosystem incubation program, focuses on providing native liquidity and asset distribution services to the GIWA ecosystem, which is an Ethereum Layer 2 network jointly built with Upbit for South Korean market development.
ETH1.69%
05:33
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China-Europe Shipping Futures Rise 3% as Rate Decline Slows, Shipper Support Expected

According to Jin 10, China-Europe container shipping futures maintained elevated levels today with a daily gain of nearly 3%, as rate declines decelerated and market sentiment turned optimistic. Maersk held its Shanghai-to-Europe quote at $3,100 per FEU for early October, while spot transaction prices averaged around $3,000, signaling a slowdown in price erosion compared to the previous two years. National Day holidays are expected to significantly reduce supply in early October, supporting rate
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