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
06:17
0

Hive Files Complaint with EU Commission Over Sweden Bitcoin Mining VAT Dispute

According to ChainCatcher, Hive Digital Technologies has filed a complaint with the European Commission regarding a value-added tax (VAT) dispute in Sweden. Swedish tax authorities reclassified the operations of Hive's two Swedish data center subsidiaries from contracted mining services to self-supplied mining, applying the determination retroactively from 2022 onward. The reclassification excluded the operations from VAT taxation, potentially requiring the subsidiaries to refund previously reco
More
BTC0.25%
06:13
0

U.S. Treasury Yields Hit Multi-Year Highs Overnight; Global Bond Markets Face Selling Pressure

According to Zero Hedge, U.S. Treasury yields surged to multi-year highs yesterday (September 24), with the 30-year yield climbing 5 basis points to 5.456%, the highest level since 2004. The benchmark 10-year yield rose over 4 basis points to 5.162%, marking its highest level since July 2007. Global bond markets also experienced broad selling pressure, as Japanese 10-year government bond yields reached their highest since August 1996, while UK and German yields climbed to multi-year highs. The y
More
06:13
0

Moderna Surges 39% in September, But INDP Soars 249% on $24M Financing and Sleep-Device Plans

According to StockTwits, Moderna (MRNA) has surged 39% in September, tracking to become the S&P 500's second-best performer this month. The rally follows the company and partner Merck's August announcement that their Phase 3 trial of personalized cancer vaccine Intismeran autogene plus Keytruda met its primary endpoint in melanoma patients. Moderna will present detailed trial results at the European Society for Medical Oncology congress on October 24. Indaptus Therapeutics (INDP) has delivered a
More
06:13
0

Moderna Stock Surges to $195 From $63 on Cancer Vaccine Trial Success

Shares of Moderna (MRNA) surged from approximately $63 on August 18 to $195.71 by September 25, driven by positive late-stage melanoma trial results announced in mid-August. The INTerpath-001 trial of 1,137 patients with high-risk melanoma met both primary endpoints, with the company's cancer vaccine intismeran plus Merck's Keytruda outperforming Keytruda alone in preventing cancer recurrence. On August 19, MRNA closed up 177% at $174.38. CEO Stéphane Bancel stated at a Bernstein conference on S
More
06:12
0

Institutional Crypto Holders Avoid Selling as Bitcoin Drops 50%; Spot ETFs Record $2.8B Inflows Over Six Trading Days

According to a recent Bitwise report, none of the 15 institutional crypto holders interviewed—including endowments, foundations, public pension funds, and sovereign wealth funds—sold holdings during Bitcoin's approximate 50% bear-market drawdown. Bitcoin was universally held as a long-term store of value, while Ethereum and Solana were held with less conviction. US spot Bitcoin ETFs have recorded six consecutive trading days of net inflows totaling $2.8 billion, with a single day reaching $999 m
More
BTC0.25%
ETH-0.10%
SOL1.35%
06:08
0

Binance Records Largest Single-Day Bitcoin Outflow Since 2023, 13,800 BTC on September 25

According to CryptoQuant analyst Darkfost on September 25, Binance recorded its largest single-day Bitcoin outflow since 2023, with 13,800 BTC flowing out of the exchange. In just four days, Binance's BTC reserves declined from 705,000 BTC to 685,000 BTC. The outflows occurred amid a broader Bitcoin rally that has delivered approximately 45% gains since July, with BTC sustaining prices above the 82,000 level.
BTC0.25%
06:02
0

JobStreet Launches seekAi Engine for AI Voice Interviews, Saves Recruiters 10-12 Hours Weekly

According to Rappler, on September 24, JobStreet by SEEK unveiled seekAi, an employment-focused AI engine enabling initial voice interviews with job applicants. Candidates can complete pre-screening on their own device and time before human recruiters engage. The platform also automates reference checks, ranks applicants, and identifies candidates likely to fit specific employer needs. JobStreet estimates the AI integration can save recruiters approximately 10 to 12 hours of work each week by re
More
06:02
0

New York Sues Polymarket on September 24, Alleging Illegal Gambling Operation via $3.01 Bet

On September 24, New York Attorney General Letitia James and Governor Kathy Hochul filed a lawsuit against Polymarket US, alleging the prediction market platform operates as an illegal gambling service. The petition details a $3.01 bet placed from a New York account on the New York Mets on July 6, which generated a $6.39 payout when the Mets won, demonstrating unauthorized sports wagering on New York-based events. The filing also lists contracts on Syracuse and St. John's college basketball titl
More
06:01
0

South Korea's Four Major Oil Refiners Enter AI Data Center Immersion Cooling Market, Global Market Projected to Hit $2.5B by 2034

According to BizWatch, today (September 25) South Korea's four major oil refiners—SK Enmuve, GS Caltex, S-OIL, and HD Hyundai Oil Bank—formally expanded their immersion cooling business for AI data centers. The global immersion cooling fluid market is projected to grow from $448 million in 2026 to $2.49 billion by 2034, representing a 24% compound annual growth rate. SK Enmuve signed a technical cooperation agreement with LG Electronics on September 23 to jointly develop and commercialize immers
More
06:01
0

Bitcoin Spot ETFs Record $191M Net Inflows Yesterday; SEC Proposes KYC Reform for On-Chain Securities

According to latest market reports on September 25, Bitcoin spot ETFs saw net inflows of $191 million yesterday, marking the sixth consecutive day of inflows. The U.S. SEC is proposing to adjust KYC requirements, allowing on-chain tokenized securities issuers to complete identity verification only once rather than repeatedly. Other developments: Bitget Wallet confirmed its security incident did not affect user assets or wallet operations. Robinhood Chain's DEX trading volume reached $1.5 billion
More
BTC0.25%
05:56
0

Seven U.K. Banks Complete First Cross-Bank Tokenized Pound Deposit Transaction

According to ChainCatcher, seven U.K. banks—Barclays, HSBC UK, Lloyds, Monzo, Nationwide, NatWest, and Santander—completed the first global cross-bank tokenized pound deposit transaction on September 25. The transaction included two mortgage refinancing settlements with auto-release of funds at maturity, and point-to-point payments simulating online shopping across three additional banks. The platform was built by Quant with EY providing project management and Linklaters drafting operational rul
More
QNT36.06%
05:55
0

South Korea's 14 Securities Firms Report Net Profit Surge 162.97% in H1 2026, But Cut Donations 31.46%

According to F&Guide financial data firm analysis, South Korea's 14 major securities companies reported first-half net profit of 7.024 trillion won, a 162.97% increase from 2.671 trillion won in the same period last year, yet charitable donations fell 31.46% to 6.1 billion won from 8.9 billion won. Donations now represent just 0.09% of net profit, down from 0.33% previously. The profit surge was driven by a threefold increase in daily trading volume to 36.337 trillion won, boosting brokerage com
More
05:54
0

Bitget CEO Confirms Partial Hacker Addresses Frozen; User Funds Protected on September 25

According to BlockBeats, Bitget CEO Gracy Chen released livestream highlights on September 25 confirming that partial hacker addresses have been frozen by multiple blockchain foundations. Affected assets span ETH, XRP, BNB, AVAX, USDT, USDC and other tokens across Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base blockchains. All cold wallets remain secure. Bitget stated that user funds are fully protected by a $464 million protection fund combined with over $1 billion in compan
More
ETH-0.10%
XRP1.56%
AVAX-0.32%
05:52
0

Fed Proposes GENIUS Act Stablecoin Rules Requiring 2% Capital on First $20B Tokens

According to the Federal Reserve Board on September 24, the Fed proposed new stablecoin rules under the GENIUS Act requiring issuers to hold 2% operational-risk capital on the first $20 billion of tokens outstanding, declining to 1% above $50 billion. All stablecoins must be backed by cash, short-dated Treasuries and similar liquid assets at all times. The proposals, open for 60 days of public comment, set reserve requirements and redemption policies requiring payouts within two business days. G
More
05:52
0

Bitget Hit by $351.6M Hack on Thursday, CEO Suspects North Korean Attackers

According to Bitget CEO Gracy Chen, the cryptocurrency exchange suffered a $351.6 million security breach on Thursday, with investigators identifying IP addresses connected to VPN services previously used by North Korean hacking groups. Chen said during a live Q&A that the attack pattern resembled prior North Korean operations, though the investigation has not yet formally established responsibility. Attackers compromised the exchange's backend wallet system and initiated unauthorized transfers
More