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
21:37
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Morpho Founder Proposes Vault Classification; Aave Founder Calls It Self-Serving

According to ChainCatcher, Morpho founder Paul Frambot recently proposed classifying on-chain vaults into two categories: "noncustodial" and "discretionary," to help clarify their regulatory status. Aave founder Stani Kulechov opposed the proposal, calling the classification "self-serving." Multiple vault developers also raised concerns, arguing that timelock mechanisms do not truly eliminate the role of administrators.
MORPHO10.93%
AAVE4.78%
21:33
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Peru's Energy Minister Welcomes Expanded Chinese Investment in Mining and Energy Sectors on Sept. 24

On September 24, Peru's Energy and Mining Minister Guillermo Xinya announced that Peru welcomes expanded Chinese investment in mining and energy sectors, particularly in unconventional renewable energy. Xinya noted that bilateral trade cooperation has deepened significantly since the Peru-China Free Trade Agreement took effect in 2010, with mining collaboration standing out as a key area of partnership.
21:32
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Coinbase Launches Gold and Silver Perpetual Futures, Pushes Toward 24/7 Markets

Coinbase has launched GOLD-PERP and SILVER-PERP perpetual contracts for eligible non-US traders, according to reporting on the platform's product expansion. The company is also moving its US-regulated gold and silver commodity futures toward 24/7 availability through Coinbase Derivatives, a CFTC-regulated designated contract market. The products provide derivatives exposure to precious metal prices rather than physical bullion ownership. Traders face derivatives-specific risks including leverage
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21:26
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Meta Launches AI Gaming Tools Horizon Create and Studio on Thursday; META Stock Hits 4% Gain

Meta announced on Thursday two AI-powered gaming tools, Horizon Create and Horizon Studio, enabling users to generate games via natural-language prompts without coding expertise. Horizon Create, a mobile app, lets creators prototype concepts on smartphones, while Horizon Studio provides web-based granular editing controls. Games publish directly to Facebook, Instagram, and Meta Horizon feeds, bypassing traditional app stores. The platform integrates automated safety checks and age ratings. META
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21:26
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Meta Reveals Muse Charm AI Device, Stock Up 25% Since Early September Announcement

At Meta's Connect conference on Wednesday, Sept. 23, CEO Mark Zuckerberg revealed the Muse Charm, a keychain-like device designed to provide hands-free access to the company's Muse AI agent. Meta also announced plans to launch over 100 styles of AI glasses by year-end and will bring Muse to Ray-Ban smart glasses, enabling voice-activated interactions. The company's stock rose 4.5% on Thursday and has gained more than 25% since Muse's announcement earlier this month. Zuckerberg said the Muse Char
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21:23
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Lynq Settlement Network Completes Migration to Avalanche L1 on April 29

Tassat Group's Lynq settlement network completed its migration to a dedicated Avalanche Layer 1 on April 29, 2026, delivering deterministic transaction finality within seconds and enhanced validator governance. The upgrade maintained full state continuity during transition, ensuring no disruption to ongoing operations for the network that has historically processed more than $2.5 trillion in transactions. The dedicated L1 structure grants Lynq institutional control over validator management and
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AVAX1.34%
21:22
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US Government Joins X's Challenge Against EU's €120M DSA Fine on September 24

According to Crypto Briefing, the US government formally filed to intervene in X's legal challenge against a €120 million fine imposed by the European Commission on September 24, 2026. The penalty, issued on December 5, 2025, marked the Commission's first non-compliance action under the Digital Services Act against a very large online platform. The fine targeted X's paid blue verification checkmark, which regulators said misled users, along with alleged shortcomings in advertising transparency a
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21:14
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Physical AI ETFs Plunge Over 30% in 3 Months Amid High Rates and Commercialization Delays

According to Koscom ETF Check data released on September 23, physical AI-focused exchange-traded funds have significantly underperformed in recent months. RISE Hyundai Fixed Physical AI fell 32.11% over the past three months, while SOL Auto TOP3 Plus declined 30.37% and KODEX Hyundai Robotics Value Chain TOP3 Plus dropped 29.1%. The selloff reflects rising global interest rates and growing concerns over the timeline to commercialize physical AI technologies, including humanoid robots and autonom
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21:14
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South Korea Completes Broker Authorization Wave; IMA Market Now Includes 3 Brokers, Commercial Paper Market 9

According to Newsis, South Korea's financial authority approved Meritz Securities on September 23 to offer Integrated Management Account (IMA) services and commercial paper issuance business, concluding authorization rounds that began in the second half of 2025. The IMA market now comprises three brokers (Mirae Asset, Korea Investment, and NH Investment), while the commercial paper market includes nine brokers. The financial regulator mandates that brokers allocate venture capital as a percentag
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21:13
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Oracle Reports $664 Billion Backlog as Project Jupiter Loans Trade at 89-91 Cents on Sept. 24

Oracle reported $664 billion in remaining performance obligations, up 46% year-over-year, in its Q1 fiscal 2027 results, nearly matching Microsoft's $678 billion; however, the $18 billion leveraged loans financing Project Jupiter, the company's data centre campus in New Mexico, are trading at 89-91 cents on the dollar in the secondary market, signaling market doubt about execution timelines. On July 9, S&P Global Ratings downgraded Oracle's long-term credit rating to BBB-, one notch above specul
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21:12
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API3 and Artificially Inu Launch USDG Borrowing Incentives via Morpho

According to @Api3DAO, API3 and Artificially Inu have launched new borrowing incentives for USDG powered by Morpho on Robinhood Crypto, aiming to boost liquidity for users. The initiative enables individuals to borrow USDG while awaiting market developments. This collaboration enhances the utility of USDG and could attract increased interest from traders and investors seeking stable borrowing options.
API34.12%
MORPHO10.93%
21:09
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Gold Futures Fall to $4,302.60 on Sept 24 as U.S. Treasury Yields Rise

According to CME COMEX, December gold futures (GCZ6) fell to $4,302.60 per troy ounce on September 24, down 0.37% from the previous close of $4,318.40. U.S. Treasury yields rose across most maturities, with 30-year yields hitting 5.474%, the highest since June 2004. As a non-yielding asset, gold faces downward pressure in a higher-rate environment, making bonds relatively more attractive to investors.
21:05
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Argentina's Milei Pledges Not to Expel Falkland Islands Residents if UK Transfers Control

According to Bloomberg, Argentine President Javier Milei stated in New York that if the United Kingdom transfers control of the Falkland Islands (known as the Malvinas Islands in Argentina), residents will not be expelled and their rights will be respected. Milei affirmed that islanders will be treated with dignity and fairness. The UK rejected Argentina's position, stating that sovereignty remains non-negotiable unless islanders consent, and reaffirmed its commitment to defend residents' right
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21:03
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Meta Stock Surges 11% on AI Agent Muse Launch, Settles $18 Billion Youth Lawsuit

According to Korean financial reports, Meta's stock surged 11.43% to $741 on September 21 following the launch of its AI agent Muse and a settlement of youth harm lawsuits for up to $18 billion over 10 years. The AI assistant, which performs daily tasks like sending emails and requesting flight refunds, drove the stock rally while eliminating significant legal risk previously valued at up to $140 billion. However, Meta faces mounting financial pressures from its $301 billion AI infrastructure in
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21:02
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South Korea's Stock Market Turnover Rate 11.6x U.S. Level; Long-Term Investing Services Gain Traction

According to South Korea's Financial Supervisory Service, the domestic stock market's short-term trading activity far exceeds global peers. In April 2026, KOSPI's average daily turnover rate was 1.48% and KOSDAQ reached 2.56%, compared to just 0.22% for the S&P 500 and 0.37% for Japan's Nikkei index—meaning KOSDAQ trades nearly 11.6 times faster than U.S. markets. In response, domestic brokerages are promoting "stock accumulation" services that allow investors to systematically build positions i
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21:02
0

Barry Diller Withdraws MGM Resorts Bid; Shares Fall 10%

According to the WSJ, Barry Diller has withdrawn his bid to acquire MGM Resorts. MGM shares fell more than 10% following the announcement. Diller's company, which includes publications such as People magazine and Food & Wine, had sought the acquisition as a hedge against artificial intelligence disruption in the media sector.