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
10:22
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ZetaChain Proposes L1 Shutdown, Migrate $ZETA to Solana as SPL Token

According to a source tweet, ZetaChain proposed to shut down its Layer 1 network and migrate its $ZETA token to Solana as a native SPL token. The transition aims to leverage Solana's speed, liquidity, and infrastructure, allowing ZetaChain to focus on its private multi-modal AI application, Anuma, which has over 300,000 users.
ZETA-2.12%
SOL-3.16%
10:21
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Pentagon Identifies Intelligence Failures, Outdated Imagery as Cause of February 28 Iran School Airstrike

According to Pentagon investigators and U.S. officials released on September 19, an airstrike on a school in Minab, Iran, on February 28 that killed numerous children resulted from intelligence failures, outdated satellite imagery, and over-reliance on AI systems. The investigation found that although the location was previously designated a military facility, commercial satellite images showed the site had changed use years earlier, with images from 2018 revealing colorful walls and a soccer fi
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10:16
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Aircraft Breaches Trump's Airspace at Camp David, Trump Returns Early and Cancels Sunday Plans

According to NORAD, a general aviation aircraft breached a temporary restricted airspace near Thurmont, Maryland on Sept 19 at approximately 7:50 a.m. local time while President Trump was at the nearby presidential retreat Camp David. The aircraft was safely escorted out of the restricted zone by F-16 fighter jets. Following the incident, Trump cut short his weekend schedule and returned to the White House on the evening of Sept 19, one day earlier than planned. The White House Press Pool report
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10:13
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Crux AI Secures $22B Chip-Collateralized Loan from 10-Bank Consortium Last Week

According to Bloomberg, Crux AI secured a $22 billion chip-collateralized loan from a consortium of 10 banks last week. The funds will be used to purchase Google-designed TPU chips. The lending consortium includes Goldman Sachs, Sumitomo Mitsui Bank, Barclays, BNP Paribas, and Scotiabank, among others. Crux AI is a cloud services joint venture launched by Blackstone and Alphabet in May.
10:03
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Coinbase Derivatives Files for Individual Stock and ETF Perpetual Futures on Sept 20, Awaiting CFTC Approval

According to SEC filings, Coinbase Derivatives filed a rule change on Sept 20 to establish a cash-settled futures trading framework for individual stocks and ETF shares, including perpetual futures with no expiration date. The contracts will be cash-settled without physical delivery or conferring ownership of underlying securities. Coinbase Derivatives simultaneously submitted an application to the CFTC, which has not yet approved the proposal. The proposed rules require underlying securities to
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10:02
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South Korea Bitcoin Premium Hits -1.08% Against Binance on September 20

According to digital asset exchange data, South Korea's four major exchanges—Upbit, Bithumb, Coinone, and Cobit—reported a bitcoin premium of -1.08% against Binance as of 6:30 PM KST on September 20. Ether, XRP, and Tether posted average premiums of -1.03%, -1.08%, and -1.05%, respectively.
BTC-1.05%
XRP-2.10%
10:02
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Apollo Navigation Computer Takes 10.3 Seconds Per Bitcoin Hash; Current Difficulty Would Require 13 Million Times Age of Universe

According to Bitcoin.com News, the Apollo navigation computer was programmed in 2019 to run the Bitcoin mining algorithm, requiring 10.3 seconds to complete one double SHA-256 hash operation. Computer scientist Ken Shirriff's team verified the results using block 286,819 but did not obtain Bitcoin. When tested, the Bitcoin network hashrate was approximately 65 EH/s, meaning the device would need roughly one million times the age of the universe to find a block on average. Following a difficulty
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BTC-1.05%
10:02
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Tesla FSD in Australia and New Zealand Cuts Collision Rate 40%, Reduces Hard Braking 90% Over One Year

According to Tesla's official announcement on September 16, the company's Full Self-Driving Supervised version has operated for one year in Australia and New Zealand, covering 160 million kilometers compared to 2.4 billion kilometers of human-driven miles with active safety enabled. The data shows a 40% reduction in collision rates—FSD averaged one collision per 1.78 million kilometers versus one per 1.07 million for human drivers. Hard braking incidents dropped 90%, occurring once every 1,823 k
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09:59
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Iran Demands Asset Freeze Lifting, Regional Peace as Condition for U.S. Talks on September 19

According to Iran's Supreme National Security Council Secretary Muhsin Rezaei, on September 19, Iran conveyed specific negotiation conditions to the United States through Qatari and Pakistani mediators. Rezaei stated that if the U.S. wishes to resolve its self-created predicament, it must accept Iran's demands, which include unfreezing Iranian assets, ending all regional conflicts including in Lebanon, halting interference in Iran's domestic affairs, ceasing support for Iranian opposition groups
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09:54
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Trump Opposes AI Development Slowdown While Expanding Family Investments in AI Sector

According to financial disclosures, Trump and his family have expanded investments in AI companies and data center infrastructure since returning to the White House, while simultaneously opposing slower AI development, creating a potential conflict of interest. Financial records show Trump's investment accounts have disclosed nearly 30,000 securities trades, including purchases of chip, server, and energy infrastructure companies such as Dell Technologies, Micron Technology, GE Vernova, Broadcom
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09:51
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FutureBit Introduces HashFly, Simulated Fruit Fly Brain Bitcoin Miner With 10x ASIC Efficiency

According to Tom's Hardware, FutureBit launched HashFly this week, a proof-of-concept Bitcoin miner based on Google's recently published fruit fly brain connectome. The web-based application simulates neurons from the adult male fruit fly's central nervous system to perform SHA-256 hashing functions, allowing users to participate in mining through a web browser interface. FutureBit claims that if the concept were scaled to real organic neurons, HashFly could achieve approximately 1 watt per tera
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BTC-1.05%
09:47
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Suzhou Ruixin Chip's RISC-V AI Chip Partners with Qiyuan Robotics for Humanoid Applications

According to Shanghai Securities News, Suzhou Ruixin Integrated Circuit Technology has become a computing ecosystem partner of Qiyuan Robotics. The two companies will collaborate on embodied AI edge computing, jointly advancing the deployment of data-flow architecture AI chips in humanoid robot applications. Ruixin's differentiated approach combines RISC-V instruction set with data-flow architecture; its self-developed RISC-V CPU core has achieved international semiconductor giant certification.
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09:44
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Foreign Investors Sell 9.95 Trillion Won in Samsung, SK Hynix Spot Shares While Buying 2.35 Trillion Won in Futures This Month

According to Korea Exchange, foreign investors sold 9.95 trillion won of Samsung Electronics and SK Hynix spot shares this month through September 18, while simultaneously purchasing 2.35 trillion won in futures. The reverse trading strategy—selling physical stocks while buying futures contracts—signals expectations for a semiconductor rebound. Securities analysts interpreted the moves as evidence that the stocks are entering a consolidation phase near their lows, with foreign investors reducing
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09:44
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Samsung Electronics and SK Hynix Wrap Up Share Buybacks by Mid-October, Raising Supply Gap Concerns

According to Korea Exchange, Samsung Electronics and SK Hynix are nearing completion of large-scale share buybacks by mid-October. As of September 20, Samsung has repurchased 39.8 million shares (74.69% of its 53.3 million-share program) for approximately 10.3 trillion Korean won. SK Hynix has purchased 14.15 million shares (58.79% of 24.07 million total) for 24.39 trillion won. Market participants express concerns over a potential supply gap once the buybacks conclude, as the two companies have
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09:44
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KOSPI Falls 0.22% Week Ending Sept 20 Amid Holiday and U.S.-China Summit Uncertainty

According to Korea Exchange, the KOSPI closed at 6,894.23 for the week ending September 20, down 0.22% from the prior week's 6,909.91. Increased short-term volatility is expected as South Korea prepares for Chuseok holidays and the U.S.-China leaders' summit scheduled for September 24. Multiple Federal Reserve officials are scheduled to speak this week, potentially heightening financial market sensitivity. Historically, KOSPI has averaged a -0.42% return in the five trading days before Chuseok a
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09:44
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Nvidia's Investment Portfolio Surges $45.07B in Q2 as SpaceX IPO Boosts Tech Giants' Valuations

According to latest 13F filings, Nvidia's publicly-listed stock portfolio market value reached $63.44 billion in Q2 (as of June 30), up $45.07 billion or 245.3% from the prior quarter. SpaceX's public listing in June was a primary driver, with Nvidia's stake in the company valued at $20.98 billion, representing 33.1% of its public holdings. Alphabet reported even larger gains, with public stock portfolio value jumping to $99.08 billion from $4.02 billion in Q1—a 2,367% surge. The company held ap
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09:44
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South Korea Auto Stocks Fall as Hyundai Motor Loses Over Half Its Value Since June

According to the Korean Stock Exchange, the KRX Auto Index fell 7.61% from September 1 to 18. Hyundai Motor declined 9.54% this month, with its stock price down 53.38% from a June high of 783,000 Korean won to 365,000 won on September 18. The company's market capitalization dropped from 153.57 trillion won in early June to 74.74 trillion won on September 18, a decline of 51.33%. The sell-off was driven by a weakening won-to-dollar exchange rate hurting export-dependent carmakers, rising interest
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09:43
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Houthi Spokesman Says Yemen Will Escalate Response to Saudi Military Escalation on Sept 20

According to Jin10, Houthi military spokesman Omar Bahi said today (September 20) that Yemen's Houthis will launch stronger counterattacks if Saudi Arabia continues military escalation. Bahi stated this represents a tit-for-tat response and an exercise of self-defense rights. He also claimed that Saudi Arabia has conducted 732 airstrikes against Yemen in recent weeks, with aircraft operating from bases in Hamisat Mushait and Taif. Bahi accused Saudi forces of causing Yemeni casualties and violat
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