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
17:37
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Petrobras Unveils Two Cardano Applications to Track Sustainable Aviation Fuel and Renewable Diesel

According to the Cardano Foundation, Brazilian state-controlled oil company Petrobras unveiled on Wednesday two blockchain applications on Cardano to track sustainability data for sustainable aviation fuel (SAF) and renewable diesel. The first application, developed with PUC-Rio's Ledger Labs, tokenizes environmental attributes of SAF into digital tokens known as CS-SAF, using a Book-and-Claim model to separate environmental benefits from physical fuel and prevent double counting. Passengers can
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ADA2.47%
17:37
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Ken Griffin Commits Record $3 Billion Donation to Carnegie Mellon University

Carnegie Mellon University announced that Ken Griffin, CEO of Citadel, has committed $3 billion in donations, marking the largest single personal gift in higher education history. The majority of the funds will support the establishment of a new campus in Miami, with CMU's main campus remaining in Pittsburgh.
17:32
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OpenStandard's OUSD Proposal Goes Live on Aave V3 and V4

According to Aave, the proposal to onboard OpenStandard's OUSD to both V3 and V4 Core platforms went live on September 30. OUSD is designed for banking, cross-border payments, and institutional trading applications. The integration aims to attract new liquidity and expand Aave's DeFi offerings.
AAVE-3.96%
17:31
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Fed Renovation Project Costs Soar to $2.4 Billion, Up $1 Billion, but No Criminal Violations Found

On September 30, according to the Federal Reserve's Inspector General report, the Fed's headquarters renovation project exceeded its original budget by approximately $1 billion, with costs reaching about $2.4 billion. The inspection found no criminal violations warranting referral to the Justice Department, nor any administrative misconduct. The report revealed significant management and oversight deficiencies in the massive renovation, which originally budgeted at $1.3 billion in 2020. Key issu
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17:22
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U.S. Treasury Announces $6 Billion Buyback of Long-Term Treasuries Starting October 1

According to the U.S. Treasury Department, the department announced on September 30 a buyback of up to $6 billion in long-term U.S. Treasuries, effective October 1. The buyback targets bonds maturing between February 2037 and August 2046, with remaining maturities of approximately 10 to 20 years. The department previously executed two rounds of long-term buybacks, purchasing $5.187 billion on September 10 and $4.08 billion on September 24.
17:21
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Kalshi Raises Approximately $1 Billion at $40 Billion Valuation, Led by Sequoia and Wellington

According to Reuters, prediction market platform Kalshi is in advanced negotiations to raise approximately $1 billion in a new funding round at a $40 billion valuation. Sequoia Capital and Wellington Management are leading the round, with Tiger Global Management and Dragoneer Investment Group potentially participating. This comes after Kalshi completed a $1 billion Series F round in May at a $22 billion valuation.
17:12
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Webull Expands Cloud MCP for AI Trading Without Code, Now Available on Claude, Perplexity and Grok

Webull has expanded its cloud-hosted Model Context Protocol (MCP) server to allow eligible U.S. customers to use AI assistants to research markets, inspect account data and prepare trading orders without installing software or managing API keys, according to the company's official announcement. The update supports Claude, Perplexity and Grok, with ChatGPT integration pending platform approval. Every order still requires separate customer confirmation before submission to the market.
17:07
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OpenAI Thwarts Coordinated Attack on Model Reasoning Capabilities; 15,000 Users Affected

According to OpenAI, the company identified and disrupted a coordinated attack campaign targeting its model's protected reasoning abilities in early July. The attackers did not breach encryption systems, compromise databases, or gain access to stored user conversations. OpenAI discovered associated prompt injection patterns affecting over 15,000 users and fully removed the activity by July 28.
17:06
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OUSD Stablecoin Reaches $477.3M Supply in 2 Hours on October 1, 100% Reserve-Backed

According to BlockBeats, Open Standard's OUSD stablecoin went live on October 1 with a total supply of 477.3 million OUSD and 477.3 million USD in reserve assets, maintaining 100% reserve coverage. The reserves consist of 211.2 million USD in U.S. Treasury bills (44.25%) and 266.1 million USD in cash (55.75%). On Tempo Network, OUSD's circulating supply reached 434.2 million with total cumulative transfers of 533.9 million USD.
17:04
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SNB Official Warns Stablecoins Could Complicate Monetary Policy Transmission

According to Petra Tschudin, a member of the Swiss National Bank's governing board, large stablecoins that operate outside the existing dual-layer financial system pose risks to central bank policy effectiveness. Speaking Wednesday in Zurich, Tschudin acknowledged that modernizing the payment system is justified, but emphasized the need for regulatory measures to safeguard policymakers' influence amid the growing use of stablecoins.