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
06:04
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Military Ammunition Depot in Syria's Aleppo Triggers Massive Explosions Early Sept 21

According to Jin10, a military ammunition depot in northern Aleppo, Syria triggered massive explosions early morning on September 21, with flames and smoke shooting high into the air. The ongoing blasts temporarily hampered rescue operations, and the highway connecting Damascus to Aleppo was closed. The cause of the explosion remains under investigation.
06:03
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The Pink Fong Company Stock Rallies 7.11% on Sept 21, Up 18% Intraday Amid Busan Shark Buzz

According to Korea Exchange data, The Pink Fong Company, the South Korean IP holder of Baby Shark, saw its shares rally 7.11% to 12,960 Korean won on September 21 afternoon. The stock hit an intraday high of 14,280 won (up 18.02%) earlier in the day. The surge occurred without any official company announcements, with market observers attributing the buying interest to viral social media coverage of a shark spotted swimming in Busan's North Port waterway since September 18.
06:03
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Kiwoom Securities Fails to Monitor Over-Trading; South Korea's FSS Issues 5 Management Warnings on September 21

According to South Korea's Financial Supervisory Service, Kiwoom Securities failed to establish adequate monitoring systems for overseas stock over-trading on September 21. The brokerage offered incentive events tied to overseas stock trading volume, causing U.S. short-term bond ETF commitments to surge 5,532% from 509.6 billion won in December 2024 to 28.4 trillion won by March 2025. Despite a regulatory notice from the Financial Investment Association warning against excessive economic incenti
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06:03
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Russia's Ruling Party Wins Landslide in First Elections Since Ukraine War, 57.76% on Sept 20

According to TASS news agency, Russia's ruling United Russia party secured a landslide victory on September 20 with 57.76% of the vote in the country's first parliamentary elections since the Ukraine war began in February 2022. The party is expected to secure over 130 proportional representation seats plus the majority of 225 single-mandate district seats, ensuring a supermajority in the State Duma. The election included participation from Russia-occupied Ukrainian territories—Donetsk, Luhansk,
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06:02
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Hansom Launches 30 Billion Won Three-Year Share Buyback Program, Stock Jumps 6.49% on September 21

According to South Korea Stock Exchange, Hansom (020000) announced on September 21 a three-year share buyback program worth 30 billion won to be fully cancelled. The company will repurchase 100 billion won annually from 2026 to 2028, acquiring approximately 629,000 shares (2.9% of outstanding shares) and retiring them. This year's buyback period runs from September 21 to October 22, with 629,327 shares targeted for cancellation on November 6. The announcement boosted the stock 6.49% intraday to
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06:01
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Forbes 2026 List: 10 Under-40 Billionaires, Anthropic Co-Founders Occupy 4 Spots

According to Forbes, the 2026 U.S. 400 richest list features 10 billionaires under age 40, up from 4 the prior year, with Anthropic co-founders occupying 4 of the 10 spots. The net worth threshold to enter the list reached a record $4.4 billion. The four Anthropic co-founders—Tom Brown (39), Daniela Amodei (39), Jack Clark (37), and Sam McCandlish (36)—each hold an estimated net worth of $15.5 billion, tying for 75th place. Anthropic raised $65 billion in May, pushing its valuation to $965 billi
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05:57
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Kalshi Analyst Beni Calls for Evidence of Misconduct on Sept 21 Amid Trading Volume Dispute

According to BlockBeats, on September 21, analyst Beni called for evidence of misconduct at Kalshi, soliciting screenshots, emails, data, and timestamps of improper conduct on the platform. Beni previously questioned Kalshi's reported trading volumes, noting that ETH-PERP showed only $3.1 million in open interest while reporting $538.6 million in 24-hour trading volume, implying a turnover of approximately 174 times per day. In response, Kalshi's crypto head IcoBeast.eth clarified that the figur
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05:53
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Trader Boomer Records $12.27M in Net Profits on Hyperliquid, Ranks in Top Three in 30 Days

According to BlockBeats, citing TradingBeats monitoring data, trader Boomer (X: solanadoomer1) recorded net profits of $12.27 million on Hyperliquid within the past 30 days, ranking in the top three for contract profitability as of September 21. The bulk of gains came from two rounds of ZEC long trades: between September 2–10, Boomer bought approximately 13,000 ZEC at an average price of $869.6 and sold at $1,261.6, generating $5.096 million in profit; from September 15–19, he accumulated 15,000
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HYPE2.99%
05:52
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Fed Raises Rates 25bp to 3.75%-4.00% in September, Gold Surges 0.68% on Week

According to Jin10 Futures, the Federal Reserve raised rates by 25 basis points to 3.75%-4.00% in its September FOMC meeting last week, marking the first rate hike since July 2023. U.S. core CPI rose 0.3% month-over-month in August, exceeding expectations by 0.1 percentage point, while PPI jumped to 5.4% year-over-year, significantly above the prior 4.7%. Spot gold rose 0.68% for the week as markets digested the hawkish decision, supported by easing geopolitical tensions that helped ease inflati
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05:45
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South Korea Launches Global AI Hub Candidate Selection Process Today

According to Yonhapinfomax, South Korea's government launched the candidate selection process for a Global AI Hub today (September 21), targeting its opening next year. Prime Minister Han Seung-soo announced at the first Global AI Hub promotion committee meeting that the government will conduct public hearings in October to gather opinions, followed by candidate recruitment and evaluation procedures. The initiative aims to establish an international collaboration platform involving international
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05:43
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South Korean Ruling Party Warns Against Rushed Crypto Taxation on Young Investors

On September 21, South Korean ruling party representatives warned that rushing into digital asset taxation without sufficient preparation would unfairly burden young investors. At a policy meeting in parliament, the party's floor leader Jung Jeong-sik stated that youth participation in crypto markets is driven by economic pressures, and hasty tax implementation could cause confusion and losses to fall on inexperienced investors. Legislators raised concerns about tax fairness, noting that domesti
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05:42
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BiFu to Debut at TOKEN2049 Singapore on October 7, Hosting RWA-Themed Series

According to Foresight News, BiFu, a cross-asset trading platform bridging Web2 and Web3, will debut at TOKEN2049 Singapore on October 7. The platform will host two offline events centered on the theme "Beyond the Hype: What's Still Missing for Real RWA Adoption?" A VIP private dinner will gather core RWA builders, capital representatives, and infrastructure leaders to discuss asset tokenization and real liquidity pathways. This will be followed by an open industry sharing and networking recepti
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