Gate Crypto Flash News and Market Updates

According to Kyiv Mayor Vitali Klitschko, enemy forces attacked the capital on September 28, resulting in 26 people injured and 2 people killed.

Coinbase announced Monday it has deepened its partnership with Citi on two new features enabling institutional clients to accept stablecoin payments without holding crypto. First, Coinbase's payments infrastructure now connects to Spring by Citi, the bank's merchant payment platform, allowing Citi clients to accept stablecoins at checkout; Coinbase converts the tokens into fiat, and Citi settles the funds. Second, Coinbase Virtual Accounts powered by Citi's Virtual Account Wallet automatically c

Georgia's governor announced on September 28 that the state entered a state of emergency and suspended collection of state motor fuel consumption tax for 30 days due to global market volatility.

According to the company statement, Nanowin Semiconductors' stock surged 22% in after-hours trading today after securing the ALATTIS project contract from the U.S. Army Research Laboratory. The contract will support the development of next-generation 10 kV silicon carbide power semiconductors and related components for defense applications. The project is funded under the U.S. Army's DEVCOM framework with support from JETX. Contract amount, duration, and work location details were not disclosed.

According to Bloomberg, Blockchain.com is targeting a $500 million IPO this year at a valuation between $4 billion and $6 billion. The crypto exchange and wallet provider confidentially filed draft registration documents with the US Securities and Exchange Commission in May, according to Cointelegraph. The company was valued at $14 billion at the height of the previous crypto boom but remains open to a smaller offering if needed to complete the public listing.

According to an employee memo reported by Axios, Meta promoted Tucker Bounds to Government Relations Chief. David Ginsberg was reassigned to a new role focusing on artificial intelligence.

Workers at Antofagasta's Centinela copper mine in Chile have voted overwhelmingly to strike due to failed contract negotiations, with roughly 99% of eligible members rejecting the company's final wage proposal. The Minerales Esperanza union and Centinela zone union, representing over 700 workers, cited wage and benefits disparities for employees in identical roles working under different unions as the core dispute. The unions have called on senior management and the controlling Luksic family to

Russell Vought, director of the White House Office of Management and Budget, said in recent comments that shrinkflation will not face legal challenges. Shrinkflation refers to the practice of reducing product sizes while maintaining prices, a trend under scrutiny in the U.S. economy.

According to Jin10, the 81st UN General Assembly's general debate concluded on Sept 28 at UN Headquarters in New York. The six-day debate, which ran from Sept 22 to 28, saw 194 delegations participate in speeches.

FRONT crashed 40.28% to $0.009748 in just 60 minutes, falling from a 24-hour high of $0.016449. The sharp decline reflects thin trading activity, with 24-hour volume standing at just $70.33 and market cap at $1,466,402. The lack of liquidity has exacerbated volatility in the token's price movement.

On September 28, the North American tech-software stock index ETF fell 0.55% to $105.43. Meanwhile, cybersecurity-focused ETFs gained ground: Global X Cybersecurity ETF rose 1.54%, Nasdaq Cybersecurity ETF increased 0.71%, and ETFMG Cybersecurity ETF climbed 0.94%.

Mexican peso weakened against the U.S. dollar today, falling 1.8% to break through the 18 peso per dollar level for the first time since March.

On Monday (September 28), technology stock index ETFs fell 1.98%, leading declines across U.S. industry ETFs. Global aviation ETF dropped 1.69%, discretionary consumer and regional bank ETFs fell at least 1.19%, and semiconductor ETF declined over 1.1%. Energy sector ETF rose 0.1%, while biotech ETF gained 0.45%.

According to Bitget CEO Gracy Chen, on September 24 attackers exploited a zero-day vulnerability in a third-party security product combined with valid administrative credentials to inject fraudulent withdrawal commands directly into the exchange's wallet backend, resulting in approximately $387.5 million in losses across Ethereum, XRP, Zcash, BNB Chain, Base, Arbitrum, Optimism and Avalanche. The attacker first tested the compromised system at 18:31 UTC with two small unauthorized transfers—0.18

According to Lisa Cook, a Federal Reserve Governor, speaking on September 28 at the Oakland Tech Week conference, AI-driven productivity gains will not arrive soon enough to counteract inflation pressures expected later this year. While Cook expects AI to eventually provide gradual disinflation in coming years, she stated that near-term, AI will add inflationary pressure to the economy and delay the Fed's return to its 2% inflation target. Cook cited ongoing AI infrastructure expansion, rising o

According to an interview with podcaster Nicole Lapin on Sep. 19, Coinbase cofounder and CEO Brian Armstrong reaffirmed his bullish $400,000 Bitcoin price target by 2030 but added an important caveat: the forecast is not guaranteed. Armstrong stated that anyone claiming to perfectly predict crypto prices should not be trusted, describing his projection as "just hypothesizing" based on Bitcoin's historical four-year cycles. He added that Bitcoin could reach $80,000-$90,000 by year-end and suggest

On Monday (September 28), Gold ETF declined 3.94%, leading losses across major U.S. asset class ETFs. Soybean funds, emerging market ETF, and Nasdaq-100 ETF fell between 1.02% and 1.94%, while S&P 500 ETF, Russell 2000 ETF, and others dropped 0.67% to 0.88%. U.S. dollar index ETF rose 0.28%, while oil price and volatility index ETFs gained 1.14% and 0.92% respectively.

According to Bloomberg, on Monday Sept 28, the Bloomberg EV Price Return Index fell 1.41% to 3154.61 points. The index extended losses after the U.S. market open, retreating below the 3190-point level. Among components, Rivian, Aurora Innovation, and Pragma Power led declines, while Hong Kong-listed Horizon Robotics rose 2.11%, Geely Auto increased 3.65%, and Suteng Innovation Technology climbed 4.31%.

Anthropic released Claude Sonnet 5.5 on Monday with pricing unchanged from Sonnet 5 at $2 per million input tokens and $10 per million output tokens—half what Opus 5.5 charges. The model runs over 30% faster than its predecessor and scored 70.6% on Terminal-Bench 4.0, exceeding Opus 5.5's 66.4%, per Anthropic. Independent tester Artificial Analysis confirmed the lead at 63.6% versus 59.6%, highlighting Sonnet 5.5's strength in coding tasks and bug fixes.

According to Iran's National Security Council deputy, the country's negotiating focus has shifted away from nuclear issues to the Strait of Hormuz as the central point of talks. The official statement marks a notable change in Iran's diplomatic priorities regarding ongoing negotiations.