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
12:56
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Court Documents Reveal Microsoft Staff Debated OpenAI AI Training as 'Largest Theft of Labor' in Unsealed Filing

According to court documents unsealed Thursday from the New York Times' copyright suit against OpenAI and Microsoft, Microsoft employees discussed whether OpenAI's use of news articles in AI model training amounted to "the largest theft of labor in human history." A 2023 internal Microsoft memo warned that the public would view large models "hoovering up" their work as "an astonishing theft of unprecedented proportions." Microsoft CEO Satya Nadella testified that anything paywalled should be lic
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12:55
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3.3 Magnitude Earthquake Strikes Xinlong County, Sichuan Province on Sept 18

China Earthquake Networks Center automatically detected a magnitude 3.3 earthquake near Xinlong County, Ganzi Prefecture, Sichuan Province on September 18 at 8:50 p.m. local time, according to official seismic monitoring data. The epicenter was located at 30.93°N latitude, 99.87°E longitude. Final results remain subject to official rapid report confirmation.
12:51
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Baosteel Wins Exclusive Seamless Offshore Pipe Supply Contract with CNOOC for 2026-2027

According to Baosteel, the company secured an exclusive supply agreement with China National Offshore Oil Corporation (CNOOC) for seamless offshore pipelines covering 2026-2027 on September 18. The framework agreement is designed to provide comprehensive, high-quality seamless pipe supply services for CNOOC's offshore oil and gas field development projects.
12:51
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ING Warns EUR/USD May Fall Below 1.14 Following Fed Rate Hike Signal on September 18

According to ING analysts, the Federal Reserve's rate hike decision on Wednesday and signals of further monetary tightening are putting the euro under downward pressure against the dollar in coming weeks. If oil prices surge again and the Fed raises rates as early as October, EUR/USD could break below 1.14 and potentially test June's low of 1.132. However, analysts note the Fed is likely to raise rates in sync with the European Central Bank in December, which should have a neutral effect on the
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12:49
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ProCap Financial Added to Russell 2000 and 3000 Indices, Ticker Changes to SVIA on Sept 21

According to PANews, ProCap Financial, the Bitcoin treasury company backed by Anthony Pompliano, has been added to the Russell 2000 and Russell 3000 indices. The change takes effect on Sept 21 at the open of U.S. stock markets. The company will also rebranding to Silvia, Inc. on Sept 22, with its stock ticker changing from the current symbol to 'SVIA'.
12:49
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Strive Discloses $718M in Unexercised Warrants at $27 Per Share Strike Price

According to ChainCatcher, Bitcoin treasury company Strive CEO Matt Cole disclosed on September 11 that the company holds approximately $718 million in PIPE warrants outstanding with a strike price of $27 per share. The exercise deadline was extended from October 12 to October 13 at 5:00 PM Eastern Time due to the U.S. Columbus Day holiday. The unexercised warrants correspond to approximately 26.596 million shares, and full exercise would raise approximately $718 million in capital, per SEC fili
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12:49
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Ethereum Institutional Backs Ethlabs' Plan to Reduce Block Times to 10 Seconds

According to Ethereum Institutional's Friday X post, the non-profit signaled support for Ethlabs' motion to reduce Ethereum block times to 10 seconds from the current 12 seconds. The proposal, known as EIP-8198 or "Quick Slots," was published by Ethlabs on Thursday and has gained backing from 20 DeFi founders. Ethereum Institutional argued that faster block times are needed as "more institutional activity moves onchain" and to address competition from other networks.
ETH1.34%
12:49
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Goldman Sachs: European Stocks Can Withstand Higher Energy Prices, Up 2.4% for Every 10% Oil Rally

According to Goldman Sachs, a research team led by Guillaume Jaisson found that a 10% rise in Brent crude prices correlates with a 2.4 percentage point increase in European corporate earnings, based on data analysis since 1990. The study showed that most gains concentrate in commodities-related sectors, while utilities, financials, and select chemical companies also benefit from higher inflation, stronger pricing power, and rising interest rates.
12:46
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North Korean Group WaterPlum Targets IT Workers Globally, Infects 30,000+ Devices as of July 2026

According to alerts issued jointly by Japan's National Police Agency, FBI, ASD/ACSC, BND, and BfV, North Korean-linked cybercriminal group WaterPlum (also known as Contagious Interview) has targeted job seekers by posing as AI, cryptocurrency, and NFT companies. The group distributed fake job postings that lured victims to download malicious NPM packages containing BeaverTail, InvisibleFerret, and OtterCookie malware. As of July 2026, the group has infected over 30,000 devices across 100+ countr
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12:43
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Bank of America Says Fed's 'Run Hot' Era Over; Recommends Quality, Value Stocks for Q4

According to Bank of America strategy team led by Jared Woodard and Michael Hartnett, the U.S. Federal Reserve's policy stance of "letting the economy run hot" has ended, with recent Federal Open Market Committee statements signaling a return to central bank discipline. The strategists caution that while markets continue flowing into U.S. equities, current sentiment may be too optimistic given slowing profit growth ahead. Market consensus forecasts 10-15% earnings growth for 2027, a target Bank
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12:43
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KB Securities Maintains Samsung Electro-Mechanics Buy Rating, 3M Won Target Price as Stock Falls 41% from June Peak

According to KB Securities, on September 18, the brokerage maintained a buy rating on Samsung Electro-Mechanics with a target price of 3 million Korean won, citing record earnings outlook despite recent market pessimism. The firm projects third-quarter operating profit of 660.1 billion won, up 153.6% year-over-year, driven by surge in demand for AI server components including multilayer ceramic capacitors (MLCC) and flip-chip ball grid arrays (FCBGA). Samsung Electro-Mechanics' stock has decline
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12:42
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China's Central Bank Launches CBETS LIFT Cross-Border Trade Settlement Service at China-ASEAN Forum

According to Foresight News, the Digital Currency Institute of the People's Bank of China unveiled the CBETS LIFT service at the China-ASEAN Financial Cooperation and Development Forum. Built on the Digital RMB Cross-Border Settlement Service Platform (CBETS), the service leverages distributed ledger and smart contract technology to integrate trade, shipping, logistics, and investment financing workflows, achieving unified information, capital, and document flows. The service enables cross-borde
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12:42
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a16z Proposes Using 1998 ATS Framework for Crypto Trading Platform Regulation, Submits Comment to SEC

According to a16z, the firm submitted a comment letter to the U.S. SEC on September 14 in response to the agency's information request on regulating crypto asset trading platforms. a16z proposes adopting the 1998 Alternative Trading System (ATS) framework, allowing Crypto Trading Platforms (CTP) to register via notification filing. The firm also supports enabling the same platform to trade both crypto securities and non-securities pairs, such as BTC/stablecoin.
BTC1.34%
12:41
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Shanghai Cross-Border Trade Digital Platform Launches September 12, Enables Digital RMB in Trade Finance

According to Foresight News, Shanghai Cross-Border Trade Digital Finance Service Limited Company launched its Global Trade Digitalization Service Platform version 1.0 on September 12, with a demonstration event held in Shanghai's Changning District. The platform integrates three core modules: enterprise onboarding, trade matching, and financing information matching. It explores digital RMB applications in cross-border trade scenarios. Agricultural Bank of China Shanghai Branch and China Construc
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12:40
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89% of RWA Capital Stays Outside DeFi Ecosystem

Gate News message, current data shows that with $34 billion in on-chain RWA AUM, only approximately 11.3% is actively deployed across DeFi. The active capital base remains highly concentrated, with Private Credit accounting for roughly 58% of total RWA DeFi TVL.
12:38
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Doosan Announces 1 Trillion Won CCL Investment, Agrees to Acquire SK Siltronnon for $1.7B

Doosan Group announced today its plan to invest 1 trillion won (approximately $750 million) in additional copper clad laminate (CCL) capacity for AI data center applications, and reached an agreement to acquire a 70.6% stake in SK Siltronnon for approximately 2.3 trillion won, marking its expansion into silicon wafer manufacturing. Doosan stock rose 2.99% to 1.447 million won, while subsidiary Doosan Tesna, a semiconductor wafer test company, jumped 9.13% to 86,100 won on the announcements. Over
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12:36
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Warren Buffett Steps Down as Berkshire Chairman After 60+ Years, Son Howard to Succeed

According to CNBC, Warren Buffett announced this morning (September 18) that he will step down as chairman of Berkshire Hathaway after more than 60 years leading the conglomerate. The 96-year-old legendary investor will become chairman emeritus and remain on Berkshire's board, while his son Howard will succeed him as chairman. "Father Time always wins," Buffett wrote in a shareholder letter. "He has, however, been generous with me. He has given me the opportunity to see Berkshire reach a point w
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