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
16:42
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Zano Rolls Back Blockchain 30 Days After Attackers Mint Over $200M in Illegal Tokens

According to ChainCatcher, Zano disclosed on September 25 that attackers exploited a validation flaw in Gateway Addresses (introduced in Hard Fork 6) to illegally mint approximately 18.4 million ZANO tokens on two separate occasions, along with an equivalent amount of fUSD. The unauthorized tokens were valued at over $200 million. Zano recovered its blockchain state from block 3,833,000 and disabled Gateway Addresses. The project confirmed that all affected balances will be fully restored, and Z
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16:40
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U.S. Treasury Issues New Iran-Related Sanctions

According to the U.S. Department of Treasury, the United States issued new sanctions related to Iran. Further details regarding the scope and implementation of the sanctions were not immediately disclosed.
16:38
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Three Fed Presidents Warn Inflation Remains Too High Amid Recent Remarks

According to Yonhapinfomax, three regional U.S. Federal Reserve presidents expressed concern about inflation during recent remarks. Boston Fed President Susan Collins stated that inflation is "too high and has remained elevated for too long." Kansas City Fed President Jeffrey Schmid, who voted against the last two rate cuts, emphasized that the Fed has not yet fully met its price stability commitment. Richmond Fed President Thomas Barkin said inflation is "the child acting up right now," highlig
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16:34
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Financial Sector Posts Worst Relative Performance Since 1990 in September, Truist Analyst Says

According to Truist analyst Brian Foran, the financial sector's relative performance in September hit its worst level since 1990. In a report, Foran noted that this extends a bear market that began in April 2025, comparing the current weakness to the internet bubble era: "what's unusual now is that earnings revision expectations are actually positive," he wrote. Major banks are set to report Q3 results starting October 13, with JPMorgan and other leading lenders providing updates on industry con
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16:34
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Retail Investors Poised to Return to U.S. Equities in October, Says Citadel Securities

According to Scott Rubner, Citadel Securities' equity and derivatives strategy chief, retail investors are poised to return to U.S. stock markets in October following a significant pullback in September. In a report to clients, Rubner noted that while volatility may persist, the month offers a better entry point as earnings season approaches and stock buybacks resume. "The market enters the fourth quarter from a cleaner starting point with expanded room to rebuild positions," he wrote.
16:33
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Nubank Denies Monzo Acquisition, Stock Rebounds 6.6% on September 30

According to a securities filing on September 30, Nubank denied pursuing an acquisition of British digital bank Monzo, moving to shut down takeover speculation. The Brazilian fintech's shares had fallen 10% on Monday following reports of preliminary discussions valuing Monzo at £8 billion to £10 billion, but rebounded 2.5% on Wednesday and 6.6% in after-hours trading to close at $12.66. Monzo's valuation in the reported deal represented a significant premium to its £4.5 billion valuation from an
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16:32
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Bitwise's Matt Hougan Discusses BSOL and Q4 Outlook Live on X; BSOL Up 5.7% This Week

According to Bitwise, Chief Investment Officer Matt Hougan held a live discussion on X today covering Q4 market outlook and insights on $BSOL, the first spot Solana staking ETF. $BSOL has gained approximately 5.70% over the past week, outperforming the broader crypto market's 1.30% gain. The discussion emphasizes developments in the ETF landscape and their potential influence on Solana-based assets.
SOL-1.81%
16:32
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S&P 500 Earnings Set to Grow 35% in 2026, but Face Headwinds as Growth Slows to 15% in 2027

According to Reuters and LSEG IBES data, S&P 500 enterprises are projected to deliver 35% earnings growth in 2026, the highest since 2021, supported by robust economic performance. However, with a higher comparison base looming, growth is expected to decelerate to 15% in 2027, reflecting concerns over sustained profitability. Valuation pressures have already emerged. The S&P 500 forward price-to-earnings ratio has compressed from 22x at the start of 2026 to 19.2x, while artificial intelligence i
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16:26
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U.S. 10-Year Treasury Yield Hits 5.34%, Highest Since 2002, as Stocks Fall Thursday

According to CNBC Investing Club with Jim Cramer, the 10-year Treasury yield climbed to 5.34% on Thursday, its highest level since 2002, as the Institute for Supply Management's prices-paid index came in hotter than expected, reinforcing expectations that the Federal Reserve could raise rates again this year. The S&P 500 Oscillator fell to negative 5.1%, indicating oversold conditions. Despite delivering strong quarterly results, Micron Technology shares declined; Jim Cramer said the company's l
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16:26
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Ethereum Staking Reward Burn Proposal EIP-8363 Withdrawn from Hegota Upgrade

According to Jérôme de Tychey, co-author and president of Ethereum France, the proposed EIP-8363 was withdrawn from consideration for Hegota on Thursday. The proposal aimed to burn an increasing share of validator rewards as ETH staking grows, reaching 100% burn at approximately 60.25 million ETH staked. De Tychey stated that core protocol contributors and industry participants argued during the Consideration for Inclusion process that a fork was not the appropriate venue to settle issuance poli
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ETH-0.08%
16:26
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New York and Wyoming Sign MOU to Coordinate Crypto Oversight on Thursday

The New York State Department of Financial Services (NYDFS) and Wyoming Division of Banking signed a Memorandum of Understanding on Thursday to coordinate oversight of crypto companies operating across both states, including licensing, examinations and enforcement actions. The agreement applies to firms already regulated in either state and those seeking approval in both jurisdictions. Under the pact, regulators will share examination data, coordinate inspection schedules and establish joint exa
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16:23
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U.S. Bank Stocks Fall to 5-Month Low on Thursday; Citi Leads Decline With 4.6% Drop

U.S. bank stocks fell sharply on Thursday, with the KBW Bank Index dropping as much as 2.4% to its lowest intraday level since late May, as investors assessed the impact of rising Treasury yields on the economy and banking operations. Citigroup led the decline with a drop of as much as 4.6%, marking its steepest fall since July. All components of the index declined during Thursday's trading session. The KBW Bank Index has now fallen approximately 14% since mid-August, with year-to-date gains sta
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16:22
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Crypto.com Launches Tokenized U.S. Stocks and ETFs to EEA Users; 1,500 Stocks, 12,000+ ETFs Available

According to Crypto.com, the cryptocurrency platform recently unveiled tokenized U.S. stocks and ETFs for eligible users in the EEA region. The offering provides access to approximately 1,500 tokenized stocks and over 12,000 ETFs available for trading 24/7 with a minimum investment of just $1. The expansion aims to broaden Crypto.com's multi-asset ecosystem and allow users to diversify portfolios beyond traditional cryptocurrencies.
16:21
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Drift Foundation Launches DFX Claims and Redemption for April 1 Incident, Offers 1:1 Compensation

According to Drift Foundation, users who suffered verified losses in the April 1 security event can now claim and redeem DFX tokens. The foundation offers 1 DFX per 1 USDT lost. Each DFX represents a claim on the Recovery Pool, which currently holds approximately 3.11 million USDT funded by Velocity protocol revenues, Tether's up to 127.5 million USDT commitment, strategic partners' up to 20 million USDT, and recovered assets. Users can redeem DFX for USDT at a rate calculated as Recovery Pool b
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DRIFT0.65%
16:18
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UK 10-Year Gilts Fall to 5.398%, Retreating from 2007 Peak Levels on October 1

On Thursday (October 1), UK 10-year gilt yields fell 2.7 basis points to 5.398% after earlier reaching 5.504% in European morning trading, retreating from its approach toward the 2007 Q3 peak of 5.564%. Two-year gilt yields dropped 8.6 basis points to 4.801%, while 30-year gilts fell 0.4 basis points to 5.945% and briefly touched 6.021%, marking the first break above the 6% psychological level since Q1 1998. The 2/10-year gilt spread widened 5.779 basis points to +59.429 basis points.