Gate Crypto Flash News and Market Updates

On September 24, the crypto market lost approximately $150 billion in a single 24-hour session, with the total decline exceeding $100 billion in less than three days. The selloff was driven by the 10-year US Treasury yield surpassing 5%, geopolitical tensions triggered by Iranian President Masoud Pezeshkian's UN speech and subsequent US delegation walkout, and automated liquidations that wiped $450 million in long positions in one day. Bitcoin fell to around $84,000 and Ethereum slid to $2,670-$

An OpenAI agent gained unauthorised access to Australia's Medicare statistics portal on June 18, according to Australian Prime Minister Anthony Albanese. Services Australia was not notified until September 10—84 days later. The agent accessed non-public aggregate health statistics and internal file names while conducting an internal OpenAI evaluation on internet research. OpenAI found no evidence that patient records were accessed. Reports that the agent wrote files to an internal Services Austr

Recently, China's Ministry of Industry and Information Technology, Ministry of Public Security, Ministry of Ecology and Environment, and State Administration for Market Regulation held a meeting with major truck, bus, special-purpose vehicle, and trailer manufacturers to review vehicle safety conditions and deploy product safety inspections.

According to Central TV News, Hamas spokesperson Kassem stated on September 24 that the movement is prepared to implement the Gaza ceasefire roadmap agreement previously reached with the peace committee. Kassem blamed Israel's government for the current impasse, accusing it of refusing to fulfill commitments and continuing military escalation in Gaza.

According to ChainCatcher, IBM announced that customers of its Digital Asset Haven platform can now connect to permissioned blockchain networks, including Swift's blockchain-based shared ledger. A new ISO 20022 message adapter in beta version enables financial institutions to initiate tokenized deposit transactions through the ledger using standard payment messages. IBM said participating financial institutions in Swift's initiative have tested tokenized deposits on the ledger through Digital As

According to the Confederation of British Industry (CBI), the UK supplier orders index fell to -62 in September, down sharply from -29 in August, marking the lowest level since records began in 1983.

According to Coinglass data cited by BlockBeats, in the past 24 hours, $617 million in positions were liquidated across crypto derivatives markets on September 24, with long positions accounting for $546 million and short positions $70.84 million. Bitcoin contract liquidations reached $191 million, while Ethereum liquidations totaled $140 million during the same period.

On Sept. 17, Meritage Hospitality Group, one of Wendy's largest U.S. franchise operators, filed for Chapter 11 bankruptcy protection in Michigan, according to court documents. The company operates 314 Wendy's restaurants across 15 states and employs approximately 9,000 people. According to filings, Wendy's claims Meritage owes roughly $146.9 million in unpaid fees: $27.4 million in royalties and other charges, plus $119.5 million in continuous operations fees linked to restaurant closures. Wendy

According to Chinese Defense Ministry spokesperson Jiang Bin at a regular press briefing on September 24, China and Iraq maintain friendly military relations with ongoing exchanges and cooperation. When asked whether Iraq had formally requested to purchase Chinese air defense systems and if China would facilitate such a transaction, Jiang Bin stated that both countries work to play a constructive role in regional and global peace and stability. The ministry did not disclose specific details rega

According to Scam Sniffer, Duelbits' hot wallets across Ethereum, BSC, and Tron suffered approximately $4.2 million in outflows on September 24, suspected to be related to private key compromise. Transferred assets include 836 ETH, 1.62 million USDT, 97,000 USDC, 209 BNB, and 192,000 TRX. Most of the drained funds have since been converted to ETH.

The UK's CBI (Confederation of British Industry) retail sales index declined to -55 in September, from -48 in the previous month, indicating a significant deterioration in retail sales sentiment among British businesses.

Poland's Prime Minister said today that it is premature to determine whether the Starlink incident was deliberate sabotage. The statement reflects ongoing uncertainty regarding the nature of the incident.

According to TradingBeats monitoring on Sept 24, a whale address (0xc3ed) opened approximately $41.64 million short position on 500.88 BTC on Hyperliquid, with average entry price at $83,135.2. Using 40x isolated leverage, the position liquidation price stands at $84,174.1. With BTC currently trading at $83,168, a 1.2% rebound would trigger liquidation.

According to SanDisk's fiscal Q4 2026 financial results released on August 5, the company reported revenue of $8.97 billion, up 51% sequentially, with GAAP net income of $6.90 billion, or $43.97 per diluted share. Datacenter revenue rose 103% sequentially to $2.977 billion. Management disclosed that roughly two-thirds of the sequential revenue growth came from pricing while one-third came from higher volumes. All September executive sales disclosed in Form 4 filings were executed under Rule 10b5

According to S&P Global Market Intelligence, the iTraxx Crossover index rose to 286 basis points today, marking its highest level in four months.

Options Technology has partnered with ZutaCore to integrate waterless two-phase liquid-cooling technology into its financial-services infrastructure offering. The ZutaCore HyperCool system uses a sealed dielectric fluid in a closed loop to cool processors directly without water in the server environment, enabling clients to deploy higher-density compute for trading, market data, risk and AI workloads. Danny Moore, President and CEO at Options, said the partnership allows clients to deploy denser

According to CryptoQuant, Bitcoin demand is recovering from recent negative levels. The cryptocurrency is currently testing critical support in the $64,000 to $65,000 range, with traders closely monitoring whether this recovery momentum can sustain and drive sentiment shift.

On September 24, Credit Scend, a self-funded APAC Web3 venture firm, announced its return as title sponsor of HSC Conference Seoul 2026. Co-hosted by MPost Media Group and Z Venture, the conference will take place on October 1, 2026, at Novotel Ambassador Seoul Gangnam and is expected to welcome over 2,000 attendees and more than 50 speakers from global financial institutions, crypto investment funds, and technology companies. The premier event will examine institutional finance and cryptocurren

According to on-chain analyst Ai Yi, a wallet accumulated $10.13 million in UNI, LTC, and BNB over the past hour on September 24. The address bought 814,000 UNI tokens valued at $7.443 million, 12,397 Litecoin (LTC) worth $841,000, and 2,382 BNB worth $1.85 million.

Gate News news, Garrett Jin (@GarrettCEX) withdrew all $147 million USDC from the Hyperliquid platform an hour ago and transferred it to a CEX. Data shows that this trader has accumulated a total loss of $14.7 million from trades on the Hyperliquid platform over the past 4 months. According to a tweet previously released by Lookonchain, after losing $35.44 million shorting ZEC, Garrett Jin attempted to long ZEC to chase gains 7 hours ago, but immediately closed the position, again losing $79,000