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
23:31
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XRP Ledger Releases xrpld v3.4.0 on Sept 17 With LendingProtocolV1_1 Amendment

According to XRPL Foundation, xrpld v3.4.0 was released on September 17, introducing the LendingProtocolV11 amendment. The update adds support for closed-ended vaults and cash-basis accounting to the ledger's lending infrastructure. The new lending features require validator consensus before becoming active on-chain. XRPL Foundation is encouraging node operators to upgrade to v3.4.0 to maintain service continuity, allowing the software to propagate across the network before the amendment activat
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XRP1.04%
23:31
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Only 24.6% of Korean Households Qualify as 'True Middle Class', September 20 Study Finds

According to NH Investment & Securities' 100-Year Society Research Institute on September 20, only 24.6% of Korean households meet the definition of 'true middle class' when measured by current and future living sustainability. The figure drops dramatically from 52.9% when using OECD income-based standards alone. The institute evaluated households across six criteria: income, consumption, savings, assets, debt, and retirement preparation. Retirement readiness emerged as the weakest link, with on
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23:30
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Bitcoin Falls to $76,404 This Week on Sept 18 Following Fed's 25bp Rate Hike to 3.75–4.00%

According to Zangle, Bitcoin fell 1% to $76,404 this week as of Sept 18, while Ethereum declined 2.69% to $2,447, following the Federal Reserve's decision on Sept 16 to raise rates by 25 basis points to 3.75–4.00%. Major crypto assets remained under pressure despite some altcoins showing strength tied to individual project catalysts and inflows. U.S. economic data released this week also weighed on risk assets. August retail sales rose 1.2% month-over-month, initial jobless claims fell to 196,00
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BTC0.37%
ETH0.69%
23:25
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Standard Chartered Forecasts ARB to Hit $10 by 2030, Arbitrum Monthly Revenue to Reach $5M

According to Standard Chartered analyst Geoff Kendrick, ARB is forecast to reach $10 by end of 2030, implying 48 times upside from the current $0.21 price. Interim targets include $0.5 in 2026, $1.5 in 2027, $3.5 in 2028, and $6.5 in 2029, per ChainCatcher. Arbitrum's monthly revenue is projected to reach $5 million, a five-fold increase driven by Robinhood Chain's integration, with 10% of protocol net income returning to the ecosystem. Key risks include slower tokenization adoption, blockchain
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ARB-6.69%
23:22
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South Korea's NXT Outpaces KRX in Aftermarket Trading Value Despite Lower Volume in First Week

According to data disclosed by South Korea's Korea Exchange (KRX) and NXT (an alternative exchange) on September 20, NXT led in aftermarket trading value during the first week of September 14-18, averaging 1.45 trillion Korean won daily compared to KRX's 1.12 trillion won. However, KRX significantly exceeded NXT in trading volume, recording 54.85 million shares daily versus NXT's 10.31 million shares—roughly five times higher. The volume-to-value gap reflects KRX's strength in mid-cap and small-
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23:07
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KOSPI Heads for 6,400-7,500 Range This Week Amid Holiday Caution, Geopolitical Risks

According to NH Investment & Securities, South Korea's KOSPI is expected to trade between 6,400 and 7,500 this week (September 21–23) amid heightened risk-off sentiment ahead of the Chuseok holiday. KOSPI closed at 6,894.23 on September 18, up 2.66%, but faces near-term pressure from a cautious market environment and geopolitical uncertainties. Key risks include a Trump-Xi summit scheduled for September 24 in Washington, where potential U.S. sanctions relief on Chinese semiconductors could hurt
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23:01
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Neosapiens and WisePlanetCompany List on KOSDAQ on Sept 21-23; Neosapiens Priced at ₩10,000 Amid 219.56x Institutional Demand

AI voice generation platform operator Neosapiens listed on South Korea's KOSDAQ on September 21, with a public offering price of ₩10,000, below the initial guidance range of ₩13,800–₩15,800. The company's institutional demand forecast recorded a subscription rate of 219.56 times, with retail investors achieving 1,047.78 times. Following the listing, 23.21% of total shares became available for trading, while 44.02% of institutional allocations were locked under mandatory holding agreements. On Se
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22:52
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Trump Announces U.S. Will Not Restrict AI Development, Plans to Appoint "AI Czar" on September 20

According to Guru Club, on September 20, President Trump announced the U.S. will not restrict AI development and plans to establish an "AI Czar" position to oversee the industry. Trump described artificial intelligence as the "next industrial revolution" with potential impact reaching 25% of U.S. GDP. He stated the U.S. currently leads other nations in AI and aims to maintain this advantage. The administration plans to create an AI working group, similar to the Space Force established previously
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22:48
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OpenAI Nears Solution to Hodge Conjecture, a Millennium Prize Problem

According to sources familiar with the research, OpenAI is close to solving the Hodge Conjecture, one of the Millennium Prize Problems presented by the Clay Mathematics Institute. The Hodge Conjecture explores whether specific geometric features of shapes defined by polynomial equations can always be described using simpler algebraic components. Sources indicate that OpenAI employees anticipate a breakthrough soon. However, the company is deliberating on how to collaborate with the mathematics c
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22:32
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Ripple Batch V1.1 Nears September 29 Activation With Support From 30 of 35 Validators

According to Ripple, asset managers are preparing to use Batch V1.1, an XRP Ledger upgrade that bundles up to eight transactions into a single atomic operation, as the amendment approaches activation on September 29. The feature ensures all transactions in a batch execute together or the entire batch fails, particularly useful for delivery-versus-payment settlements where an asset and payment must move simultaneously. The amendment had support from 30 of 35 tracked XRP Ledger validators when its
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XRP1.04%
22:25
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Four ETFs Including Samsung, SK Group Focus Will Launch on Korea Exchange on September 22

According to the Korea Exchange, four exchange-traded funds (ETFs) will debut on the Korean securities market on September 22. The lineup includes three passive ETFs from Mirae Asset, KB, and Kiwoom Asset Management, plus one active ETF from IBK Asset Management. Mirae Asset's TIGER Hyundai Motor-LG Electronics Physical AI Value Chain ETF will allocate 25% each to Hyundai Motor and LG Electronics, with the remaining 50% invested in domestic and international physical AI-related companies. KB Ass
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22:19
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1.35 Trillion Korean Won Flows Into Cash-Equivalent ETFs in One Week as Investors Flee Volatile Stock Market

According to Korea Exchange, 1.35 trillion Korean won flowed into four cash-equivalent and short-term interest rate ETFs during the week of September 9-16 as investors shifted away from equities amid rising market volatility. The four products—KODEX Money Market Active, KODEX CD Rate Active (synthetic), RISE Money Market Active, and TIGER CD 1-Year Rate Active (synthetic)—saw the largest inflows go to KODEX Money Market Active with 692.1 billion won. Money market mutual funds (MMF) also surged,
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22:19
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South Korean Investors Shift 1.35 Trillion Won to Money Market ETFs in One Week Amid Stock Volatility

According to Korea Exchange, investors shifted approximately 1.35 trillion won into four money market and short-term rate ETFs during the week of September 9-16 as domestic and global equity market volatility increased. Money market funds saw inflows of 4.5 trillion won in the same period, while investor deposits and securities management accounts declined by 3.27 trillion won and 2.98 trillion won respectively. The moves came as KOSPI fell 6% from 7,051 to 6,627 over four trading days before a
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22:15
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Fetch AI Suffers $1.54M Exploit on Ethereum Token Converter

Gate News message, Fetch AI's token converter on Ethereum has been exploited for approximately $1.54 million worth of FET tokens (ethereum:0xaea46a60368a7bd060eec7df8cba43b7ef41ad85). The same exploit cluster additionally received around $452,000 in newly minted NTX tokens from the @nunetglobal deployer. The total loss from this security incident amounts to approximately $1.99 million across both assets.
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ETH0.69%
FET-5.17%
22:11
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Switchboardxyz to End Operations by September 25

According to SolanaFloor, permissionless oracle and on-chain data infrastructure provider Switchboardxyz will cease operations on September 25, 2026. The project, which has been operational since 2021, is urging users to migrate to alternative oracle providers before the shutdown deadline.
22:09
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U.S. Stocks Show Mixed Performance; Nasdaq Gains 0.72%, S&P 500 Declines 0.08% Ahead of Fed Rhetoric

According to Yonhapnews, U.S. stock indices posted divergent results last week as the Federal Reserve raised its benchmark rate by 25 basis points, signaling a hawkish shift. Nasdaq-100 climbed 0.72%, while the S&P 500 slipped 0.08% and the Dow Jones Industrial Average dropped 1.69%; the Philadelphia Semiconductor Index gained 1.59%. The coming week (Sept. 21-25) will focus on Fed commentary, escalating Middle East tensions, and the U.S.-China summit on Sept. 24. Houthi forces, backed by Iran, a
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22:09
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Korean Airlines Fuel Surcharges Rise Up to 14% in October as Brent Oil Tops $100 Per Barrel

According to Yonhapinfomax on September 19, Korean airlines increased international flight fuel surcharges for October amid elevated crude oil prices. Brent oil traded at $104.82 per barrel as of September 18, holding above the $100 mark and pressuring the aviation sector's costs. Jeju Air raised surcharges by up to 14% on routes of 1,000 to 1,500 nautical miles, from $50 to $57, with increases ranging from 10.1% to 12.1% on other distance tiers. Trinity Air, Korean Air, and Asiana Airlines also
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22:08
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U.S. Federal Reserve Raises Rates 0.25% to 3.75%-4.00% for First Time in Over 3 Years, Widening Korea-U.S. Rate Gap

According to financial industry sources, the U.S. Federal Reserve raised its benchmark interest rate by 0.25% to 3.75%-4.00% on September 16, marking its first rate increase in over three years. The Fed's move widened the Korea-U.S. rate gap to 1.00 percentage point, with the South Korean central bank's policy rate currently at 3.00%. The KOSPI index rose 2.66% to 6,894.23 on September 18, driven by gains in semiconductor stocks. Samsung Electronics gained 3.37% to 261,000 won, while SK Hynix su
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22:07
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Novo Nordisk, SK Biopharm Accelerate AI Adoption in Drug Development; SK Deploys 128 Nvidia B200 Chips

According to Newsis, pharmaceutical companies globally are rapidly integrating artificial intelligence into drug discovery processes. Novo Nordisk, maker of obesity treatment Ozempic, is collaborating with Anthropic to leverage its specialized AI platform Claude Science for accelerated drug development, following earlier partnerships with OpenAI and Amazon Web Services. SK Biopharm has secured 128 Nvidia Blackwell architecture B200 AI accelerators to build large-scale in-house computing infrastr
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