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
07:32
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Latest RootData Ranking: OrangeX, KuCoin, Extended Show Smallest Weighted Depth Among Top 20 Exchanges

According to RootData's latest exchange ranking, OrangeX, KuCoin, and Extended have the smallest weighted depth at ±2% among the top 20 exchanges, with figures of $32,700, $124,400, and $132,400 respectively. By comparison, Binance, ranked first overall, has a weighted depth of approximately $13.28 million. The weighted depth metric measures the ±2% depth weighted by 24-hour trading volume.
07:31
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O-Bank Launches Stablecoin Cross-Border Payment Service for Corporate Clients

According to O-Bank's official statement via CNA, O-Bank and BitoGroup launched a pilot stablecoin cross-border payment service for corporate clients today (September 15). Taiwan-based enterprises can now receive U.S. dollar stablecoin payments from overseas trading partners. Received stablecoins are converted to U.S. dollars within 24 hours and deposited into the company's O-Bank USD account. During the pilot phase, transaction limits apply: up to 500,000 TWD per transaction, 5 million TWD dail
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07:30
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Sky Completes First SKY Token Burn, 2.86M Tokens Permanently Removed From Circulation

According to Odaily, citing Sky monitoring data, the protocol has completed its first SKY token burn. A total of 2.86 million SKY tokens, repurchased on the open market using 5% of monthly net protocol revenue, have been permanently removed from circulation. The mechanism linking protocol performance to SKY supply reduction is now officially in effect.
SKY0.85%
07:29
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Long Bridge Drained of 46.79 WETH via Compromised RPC on September 14

According to ChainCatcher, on September 14 at 07:07 UTC, the Long cross-chain bridge was drained of 46.7928 WETH (approximately $118,000) through a compromised RPC data source. A public RPC endpoint provided forged withdrawal event logs to the bridge's keeper, triggering the unintended transfer. No user funds were lost; the vault was fully replenished from platform revenue. The bridge has been rebuilt and continues operating, though some orders experienced multi-hour delays during recovery.
07:28
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GSK Acquires Experimental Blood Cancer Drug from Immuno for Up to $750M on Tuesday

According to Bloomberg, GlaxoSmithKline agreed to acquire an experimental blood cancer drug from unlisted Chinese biotech firm Immuno for up to $750 million on Tuesday. The British pharmaceutical company will conduct multiple myeloma treatment testing on the drug and plans to launch early-stage clinical trials next year.
07:25
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China Reaffirms Nansha Islands as Sovereign Territory; Construction Activities Justified

According to Chinese Foreign Ministry spokesperson Guo Jiakun on September 15, China reaffirmed that the Nansha Islands, including Meiji Reef, Zubi Reef, and Zhongye Island, are Chinese territory. Construction and other development activities by China on its own territory are legally justified within China's sovereign rights. The spokesperson stated that the Philippines' territorial scope is defined by international treaties, and the Nansha Islands have never been part of Philippine territory. C
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07:23
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Dollar-Yen Rises 0.25% to 154.731 Yen on September 15 as U.S. Long-Term Rates Top 5%

According to Yonhap Infomax, the dollar-yen exchange rate rose 0.25% to 154.731 yen on September 15, driven by U.S. long-term interest rates climbing above the 5% psychological threshold. The exchange rate earlier touched 154.885 yen during intraday trading. Market participants attributed the dollar strength to diverging U.S.-Japan rate differentials, with the yen unlikely to narrow the gap quickly. Additionally, futures markets priced in a 93% probability that the U.S. Federal Reserve will rais
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07:23
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Anthropic Co-Founder Urges Mandatory AI Kill Switch on September 15

According to BBC on September 15, Anthropic co-founder Jack Clark called for mandatory AI kill switch capabilities, arguing that companies and regulators should require systems to forcibly halt malfunctioning artificial intelligence tools. Clark stated that as AI systems grow more powerful, society should eventually establish regulations mandating these safety mechanisms, and that third-party verification of kill switches should be considered. While he acknowledged that most AI labs already poss
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07:22
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Guangdong Released Greater Bay Area Data Zone Plan Featuring Blockchain Network and Nine Application Scenarios

According to Southern Net, Guangdong's Administration of Affairs Service and Data Management released a work plan for building the Guangdong-Hong Kong-Macau Greater Bay Area Data Special Zone. The plan includes building a provincial blockchain network and cross-border trusted data space, exploring "space-as-a-service" model. It also promotes cross-border computing resource interconnection between Hong Kong and Guangdong, and Macau and Guangdong. The plan covers nine application scenarios spannin
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07:21
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BabyDoge Acquires LimeWire, Appoints Abel Czupor as Leader on Sept. 14

According to an official announcement on Sept. 14, BabyDoge has acquired LimeWire, with Abel Czupor taking over leadership from founders Julian and Paul Zehetmayr. Financial terms of the acquisition were not disclosed. The deal positions BabyDoge as a DAO-style backer rather than a corporate parent, supporting LimeWire's independence. LimeWire will pivot toward creator ownership, decentralized storage, and AI-powered content tools. The platform currently serves approximately 8 million monthly us
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BABYDOGE-2.97%
07:20
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China Urges U.S. to Cease Space Militarization After Space Force Claims Orbital Weapons on Sept 15

According to Foreign Ministry spokesperson Guo Jiakun, on September 15, China responded to U.S. Space Force claims of possessing orbital space weapons. China reaffirmed its commitment to peaceful use of outer space and opposition to space weaponization and militarization. "We urge the United States to stop military expansion in outer space and take concrete actions to maintain global strategic stability," Guo stated.
07:20
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U.S. Military Official Cites Troop and Resource Shortages Due to Iran Operations; China Urges Diplomatic Resolution on September 15

According to Jin10 data, on September 15, a U.S. military official stated yesterday that the United States faces troop and resource shortages while executing operations due to Iran-related military engagements. In response at a regular press briefing, Chinese Foreign Ministry spokesperson Guo Jiakun said China is monitoring the situation in the Middle East and Gulf region, urging relevant parties to resolve disputes through political and diplomatic channels.
07:20
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China Deems Japan PM Ishiba's Taiwan Comments Greatest Obstacle to Relations on Sept 15

According to China's Foreign Ministry spokesperson Guo Jiakun, on September 15, Japan's Prime Minister Ishiba Shigeru's erroneous remarks on Taiwan are deemed the greatest obstacle to current China-Japan relations. The Foreign Ministry called on Japan to uphold the spirit of bilateral diplomatic documents and take concrete actions to restore trust.
07:18
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South Korea's Central Bank Raises Rates 25 Basis Points to 3.0% Amid Internal Disagreement

According to Jin10, South Korea's central bank raised its benchmark rate 25 basis points to 3.0% on August 27, marking a second consecutive rate hike. Meeting minutes released on Tuesday revealed significant internal dissent over the decision, suggesting future tightening pace may slow as divisions persist within the board. The hikes stem from elevated inflation and ongoing financial stability concerns.
07:17
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CoinEx Announces Closure, Withdrawals Open Until December 22

According to ChainCatcher, Binance founder CZ commented on CoinEx's planned shutdown, noting that users can withdraw their assets before the December 22 deadline. CoinEx, which operated for nine years, is closing in what CZ highlighted as a more user-friendly manner compared to past CEX failures like QuadrigaCX.