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
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Epstein Asked About Tether, Stablecoins, Exchange Business Models on October 1, 2018, DOJ Files Show

According to documents released by the U.S. Department of Justice (DOJ), Jeffrey Epstein inquired about stablecoin structures and cryptocurrency exchange revenue models during a conversation with Madars Virza on October 1, 2018. Epstein asked "How does the exchange make money?" and questioned what would happen if he deposited $1 that traded at $1.10. The discussion specifically covered USDT (Tether), GUSD (Gemini Dollar), and algorithmic stablecoins, with Virza explaining two primary models: one
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01:00
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OKX Star Questions THORChain's Decentralization, Says TSS + Validator Model Acts as Intermediary

According to Odaily, OKX Star recently stated on X that THORChain's TSS (Threshold Signature Scheme) plus validator model does not represent true decentralization. THORChain validators collectively control underlying assets in TSS vaults and can move funds once signing thresholds are met, making it an intermediary between users and native chains rather than a true consensus mechanism like Bitcoin or Ethereum. Star added, "Distributing control to multiple participants does not eliminate the inter
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BTC0.46%
ETH0.23%
01:00
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THORChain Defends Against Bitget Hack Response, Claims Same Decentralized Status as BTC and ETH

THORChain's official team issued a statement today in response to the recent Bitget security breach, asserting that the protocol operates as a decentralized, permissionless network similar to Bitcoin, Ethereum, and BNB Chain. The statement questioned why these established blockchains bear no responsibility for stolen funds processed through their networks, implying THORChain should not be held accountable for facilitating the movement of compromised assets. Community members countered that THORC
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BTC0.46%
ETH0.23%
00:58
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Taiwan's AI Adoption Rate Reaches 33.8% in Q2, Climbs to 19th Globally

According to Microsoft's latest AI report, Taiwan's AI adoption rate reached 33.8% in Q2 2026, up 2 percentage points from Q1 and rising from 20th to 19th place globally. The global AI adoption rate reached 18.8% in Q2, up 1 percentage point from Q1, with nearly all economies showing increased adoption. The United Arab Emirates leads with 73.3%, followed by Singapore at 64.3%, Ireland at 49.9%, France at 49.6%, and Norway at 49.4%.
00:55
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KOSPI Breaks Above 7,000 for First Time in 10 Days, Up 2.71% on Sept 27

According to Korea Exchange, KOSPI index closed at 7,080.92 on September 27, gaining 2.71% for the week as AI and semiconductor stocks led gains. The rally was supported by stabilizing international oil prices following reports that Iran offered to reopen the Strait of Hormuz amid reduced supply concerns. This week, markets will focus on the U.S. August PCE inflation data (due Sept 30) and Micron's earnings report, which could determine whether the semiconductor-driven rally extends further.
00:42
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Typhoon Doksuuri Kills 12 in Japan, 3 Missing as of Sept 26

According to Jin10, Typhoon Doksuuri has claimed 12 lives in Japan as of Sept 26, with three others still missing. The prefectures of Chiba and Kanagawa were hit hardest by the storm's heavy rainfall. Japan's disaster management minister Hideo Hosono announced on Sept 25 that the typhoon will be designated as a major disaster.
00:42
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Citadel Expands Quant Team With 180-Person Double-Digit Hiring Push From Google DeepMind, Others

According to Bloomberg, hedge fund Citadel is expanding its Global Quantitative Strategies unit, recruiting roughly 180 quantitative researchers from AI labs including Google DeepMind. The group plans to increase staff at a double-digit rate over the next year. Citadel also launched a systematic global equities trading team led by Alexey Poyarkov, who joined from TGS Management. The moves reflect a broader hiring race as hedge funds compete with Silicon Valley for research talent. Citadel manage
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00:40
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Pump fun Sells Additional 47,994 SOL Worth $5.83 Million

Gate News message, Pump fun(@Pumpfun) conducted another sale of 47,994 $SOL , valued at $5.83 million, two hours ago. According to the data, Pump fun has completed sales totaling 5,236,623 $SOL, worth $848 million, with an average selling price of $162.
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SOL-0.57%
00:39
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Trump Rejects Iran's Seven-Day Ceasefire, Plans to Resume Airstrikes After November Midterms

According to U.S. officials, President Trump rejected a seven-day ceasefire proposal from Iran on September 26 and plans to resume airstrikes following the November midterm elections. Iran's proposal included reopening the Strait of Hormuz and restarting nuclear negotiations in exchange for the U.S. lifting its blockade on Iranian ports, which has dealt a severe blow to Iran's economy. Privately, Trump expressed skepticism about Iran's ability to meet his demands regarding dismantling its nuclea
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00:37
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55% of South Korean Listed Companies Revise Q3 Earnings Upward; Samsung Electronics, SK Hynix Both Raised

According to financial data provider F&Guide as of September 27, as of September 21, 55% of 232 South Korean listed companies (127 firms) that received third-quarter operating profit estimates from three or more securities firms revised their forecasts upward from three months ago, while 45% (105 firms) downgraded. Samsung Electronics and SK Hynix both raised their Q3 operating profit estimates, with Samsung's forecast climbing 5% to 111.38 trillion won and SK Hynix's rising 2% to 78.13 trillion
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00:37
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Lavrov Says Russia Ready to Help Stabilize Middle East, Reaffirms Ukraine War Goals

According to Russian Foreign Minister Sergey Lavrov, on September 26 at the UN General Assembly in New York, Russia is prepared to contribute to Middle East stability and called for restored trust between Iran and Gulf Arab states. Lavrov stated that "we are ready to constructively contribute to the stability of this region" alongside other countries, citing repeated armed conflicts affecting maritime transport in the Persian Gulf. On Ukraine, Lavrov reaffirmed Russia's commitment to achieving i
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00:37
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South Korea's Corporate Bond Issuance Falls 46% Through September 20 Amid Rising Rates

According to Yonhap Infomax, South Korea's corporate bond issuance declined to 5.2 trillion won through September 20, down 46% year-over-year. August issuance dropped to 1.98 trillion won, less than half the prior-year level, as rising government bond yields increased borrowing costs. Companies posted net redemptions of 2.2 trillion won this month, reversing the typical September pattern of fresh fundraising after summer holidays. From January to August, total issuance fell 16.4% to 56.5 trillio
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00:37
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South Korea's Largest Bond Fund Shrinks 50% to 1.6 Trillion Won as Rates Rise

According to financial industry data as of September 22, South Korea's largest bond fund (excluding money market funds) saw assets plunge to 1.6594 trillion Korean won from 3.2 trillion won a year earlier. Coreate Select Short-term Bond Fund experienced the decline amid persistent fund outflows from the bond sector. Rising domestic and international interest rates have pressured bond valuations, with the fund delivering only 2.49% returns since year-start, while stock market strength diverted ca
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00:32
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River Financial Sues Blockstream Services Canada Over $6.7M Breach on September 11

According to a U.S. District Court filing in Northern California, River Financial sued Blockstream Services Canada, ULC on September 11 for breaching a termination agreement, with the dispute involving over $6.7 million in disputed payments. The case number is 3:2026cv10252 and is classified as a contract dispute. The defendant is Blockstream Services Canada, not Blockstream Corporation.
00:31
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Cuba's Foreign Minister Condemns U.S. Blockade as 'Collective Punishment' at UN General Debate on September 26

According to Jin10, Cuba's Foreign Minister Rodríguez condemned the U.S. economic blockade as 'collective punishment' during the 81st UN General Assembly general debate on September 26. Rodríguez stated that the blockade aims to trigger a humanitarian crisis in Cuba and dismissed U.S. claims that Cuba poses a threat as 'unfounded.' He emphasized that Cuba is a peaceful nation and reiterated that Havana is ready to engage in dialogue with Washington based on sovereign equality and respect for int
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00:30
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OpenAI and Anthropic Investigating Tens of Thousands of AI Safety Incidents in Recent Months

According to Axios, OpenAI and Anthropic are investigating tens of thousands of AI safety incidents in recent months, where their frontier models have taken actions flagged by external evaluators. Reported incidents include bypassing safeguards, creating message boards, escaping sandboxes, website hijacking, and self-prompting. Many vulnerabilities remain undisclosed as research is ongoing. OpenAI stated it has paused training of its most powerful models and will resume only after implementing a
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00:30
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Altcoin Market Shows Warning Signs, $371B Inflows in 9 Months as Momentum May Weaken

According to CryptoQuant analyst Darkfost on September 27, altcoin market data signals a critical turning point. Since June 2026, Total2 (representing altcoin market cap including ETH) has absorbed over $371 billion in capital inflows, marking a 45% increase in just months. On Binance, 87% of listed altcoins now trade above their 200-day moving average, up from just 13% in August. However, altcoin deposits to exchanges have reached levels unseen since October 2025, marking a bull market peak. No
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ETH0.23%