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
17:52
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DigiByte Surges 9.47% in 30 Minutes as DGB Hits $0.00416

DigiByte surged 9.47% in just 30 minutes today, with DGB reaching $0.00416. The asset recorded a 24-hour gain of 10.64% with trading volume of approximately $580,189.54 over the same period, signaling active market participation in the altcoin.
DGB1.06%
17:52
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PhoenixTrade Accepts SOL as Margin Collateral, Enabling Trading Without USDC

According to PhoenixTrade, highlighted by CryptoTwitter commentator @SolanaFloor, the trading platform has announced acceptance of Solana (SOL) as collateral for margin trading. Users can now back perpetual positions across crypto, equities, and commodities without requiring USDC. This integration enhances market accessibility for Solana holders and may increase liquidity on the platform.
17:52
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Fed Rate Increase Aimed at Asserting Central Bank Independence, Not Controlling Inflation: Diamond Hill Manager

According to Henry Song, fund manager at Diamond Hill's fixed income team, the Federal Reserve's anticipated rate increase on September 17 is primarily intended to reinforce the central bank's independence from political pressure rather than significantly curb inflation. Song noted that maintaining rates unchanged could have been justified by macroeconomic indicators but might be perceived as yielding to political pressure. He will monitor whether the hike is a one-time action or marks the begin
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17:51
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Chipotle Taps Palantir for Food Safety AI Platform; CMG Drops 5.94%

Yesterday, Chipotle and Palantir launched a food safety risk platform hosted on Foundry, Palantir's data flagship. The system combines restaurant-level health inspection results, pest incidents and employee illness data to identify locations where risks may be rising. Chipotle shares fell 5.94% to $34.83 on Tuesday amid a broader restaurant-sector selloff. Palantir stock remains down roughly 3% in 2026, despite reporting 93% year-over-year revenue growth in Q2.
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17:51
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Trump Oil Ally Harold Hamm Signs MOU with Venezuela's PDVSA for Orinoco Belt Development

According to Financial Times, U.S. oil tycoon Harold Hamm announced on Wednesday that his company Continental Resources signed a memorandum of understanding with Venezuela's state oil company PDVSA to jointly develop an oil field in the resource-rich Orinoco Belt. Hamm made the statement at the Group of Twenty energy ministers summit in Houston, describing the investment as a potential energy renaissance for Venezuela and a key to restoring and expanding the country's oil production capacity.
17:45
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U.S. Treasury Convenes Global Financial Institutions to Advance Iran Sanctions on Wednesday

According to the U.S. Treasury Department, its Financial Crimes Enforcement Network (FinCEN) convened a meeting of global financial institutions on September 17 to advance "Economic Isolation" measures against Iran. The move aims to cut off revenue sources and procurement networks linked to Tehran and limit its ability to finance Middle East operations. Treasury stated the meeting provided financial institutions with information needed to sever connections with Iran-related funding channels.
17:43
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Iran's Parliament Speaker Posts 'Strait Taylor Rule' on X Mocking Fed Rate Hikes

On September 16, Iran's Parliament Speaker Mohammad Bagher Ghalibaf posted a self-created formula on social media platform X before the Federal Reserve's rate decision, mocking U.S. monetary policy by incorporating Strait of Hormuz (SOH) and oil production (BEM) variables into a modified Taylor Rule equation. Ghalibaf sarcastically challenged whether rate hikes could open the Strait of Hormuz or produce additional barrels of oil, stating that a 25 basis point increase cannot unblock the shipping
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17:43
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Bank of Canada Warns of Possible Rate Hike as Gasoline Prices Stay High on September 17

According to Jin10 data on September 17, the Bank of Canada warned in its meeting minutes that a rate increase may be necessary. The central bank maintained its policy rate at 2.25% earlier this month, but Governor Macklem signaled a hawkish stance, citing excessive inflation and heightened upside risks. Officials expressed concern that prolonged elevated gasoline prices could lead to broader price increases across other goods and services. If higher energy costs spread beyond fuel to other CPI
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17:43
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Meta Starts Paying Creators in USDC Stablecoins Across Colombia and Philippines in April 2026

According to Stripe and Meta, the company began paying creators in Circle's USDC stablecoins across Colombia and the Philippines in April 2026 through Stripe's Bridge payment infrastructure, routing transactions via Polygon and Solana blockchains. The payouts target small cross-border transfers around $100, where traditional wire fees and foreign exchange spreads consume a disproportionate share of the amount. The launch became possible following the GENIUS Act, signed into law in July 2025, whi
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USDC0.01%
SOL-2.44%
17:32
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DeepMind's Shane Legg Dismisses AGI Claims, Says Astra Falls Short of OpenAI's Own Standards

Shane Legg, DeepMind's chief scientist for general artificial intelligence, disputed claims from Nvidia CEO Jensen Huang and OpenAI President Greg Brockman that AGI has arrived. In an interview with the Financial Times, Legg stated that GPT-6 Astra may not meet even OpenAI's own definition of AGI—the ability to perform most economically valuable cognitive work. Legg maintained his long-term forecast that there is approximately a 50% probability of achieving "minimum AGI" before 2028. He warned t
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17:26
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Sen. Blumenthal Calls for AI Product Review Before Deployment, Warns US 'On Verge of Losing Control'

According to CNBC, Sen. Richard Blumenthal on Wednesday urged new artificial intelligence products to undergo "objective review" before release, warning that the U.S. is "on the verge of losing control completely" without safeguards. The Connecticut Democrat, who introduced bipartisan legislation addressing AI safety risks, emphasized the need to balance regulatory oversight with maintaining global competitiveness. "We have to remain competitive," Blumenthal told CNBC, while noting that China re
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17:21
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UK PM Burnham Warns Budget Environment 'Challenging,' Faces 'Difficult Decisions' on October 28

According to Jin10 data (September 17), UK Prime Minister Keir Burnham signaled a shift in tone regarding the government's forthcoming budget, warning it will be 'challenging' and marked by 'difficult decisions' to maintain economic stability. Earlier optimism about growth and tax relief has given way to concerns over deteriorating global market conditions, particularly Middle East tensions driving energy prices higher and intensifying inflationary pressures. Burnham and Chancellor Rachel Reeves
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17:19
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Fed's Overnight RRP Usage Falls to $5.375B on Sept 16

According to Federal Reserve data, on September 16, the Fed's overnight reverse repurchase agreement (RRP) facility usage fell to $5.375 billion from $7 billion the previous trading day, with four counterparties participating in the operation.
17:15
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Tether Provides $1.5B Gold Financing to U.S. Dealer, Accumulates Major Gold Reserves

According to Gold.com Inc's annual report, Tether has become a major gold lender to the U.S. precious metals dealer as of June 30, providing approximately $1.5 billion in financing. Tether accounts for the majority of Gold.com's $1.7 billion in outstanding precious metals loans. The company purchased equity in Gold.com earlier this year; as of the report date, Gold.com owes Tether $1.45 billion in payables and advances.
17:12
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HBO Max Reddit Account Hijacked to Run 108 Malicious Ads Earlier This Month

According to Hudson Rock, hackers hijacked HBO Max's verified Reddit account earlier this month and ran 108 malicious advertisements over roughly 48 hours to distribute information-stealing malware. The cybersecurity firm linked the campaign to PasteSwitch, an operation targeting Windows and Mac users with ClickFix techniques—a method that disguises malicious commands as routine software installation steps. Observed malware payloads included MacSync and Atomic macOS, designed to steal browser cr
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