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
12:49
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Federal Reserve's Banking Monitoring Database Suffered Over 24-Hour Outage in August

According to the Wall Street Journal, the Federal Reserve's National Information Center database experienced an outage lasting more than 24 hours in early August, according to people familiar with the matter. The system, which provides banking data to regulators, was offline on or around August 5. Senator Elizabeth Warren raised concerns in a letter that the outage highlights potential risks from Federal Reserve staff reductions affecting system maintenance and banking supervision.
12:47
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Bank of America Warns Investment Banking Fees to Fall Over 10% in Q3, Down from 50% Q2 Growth

According to Bank of America CEO Brian Moynihan, investment banking fees are likely to fall by more than 10% in the third quarter compared with a year prior, yesterday, September 14. This marks a steep reversal from the 50% growth the bank reported in its second quarter. Moynihan cited Dealogic data showing the investment banking market has declined 10% across the board. Because Bank of America is not as well positioned as competitors with greater activity, the bank will likely fall "a bit more
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12:47
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South Korea's Central Bank Warns AI Expansion Could Widen Regional Employment Gap, With Seoul Capturing 80.8% of New Jobs

According to Yonhap News, South Korea's central bank warned on Sept 15 that artificial intelligence expansion could further widen employment disparities between Seoul and non-capital regions. The Bank of Korea released analysis showing that generative and agent-type AI-exposed jobs concentrated heavily in Seoul: generative AI high-exposure roles added 247,000 jobs over three years from 2023, with Seoul capturing 80.8%; agent-type AI roles added 105,000 jobs last year, with Seoul's share reaching
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12:42
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Grayscale Research: Bitcoin Allocation Improves Private Portfolio Sharpe Ratios

According to research published by Grayscale on September 15, even modest Bitcoin allocations have historically improved the risk-adjusted returns of private market portfolios. The analysis by Grayscale's head of research Zach Pandl argues that Bitcoin functions as a portfolio diversifier due to its low correlation to private equity, venture capital, real estate, and private debt—assets typically sensitive to the same macroeconomic cycles. Bitcoin's value proposition centers on fixed supply and
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BTC-1.37%
12:38
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Tom Lee States AI Debt Doesn't Necessarily Mean Bubbles End Badly, on Sept 15

According to BlockBeats, on Sept 15, Fundstrat co-founder Tom Lee stated that while debt concerns around AI infrastructure financing are rising, growing industries typically don't rely solely on equity capital. He argues that AI companies increasing debt financing does not inherently signal flawed business models or an imminent bubble collapse. Lee views AI as the "third major engine" of economic growth, suggesting that investors often underestimate the long-term value and adoption speed of emer
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12:36
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The Smarter Web Company Plans 25M GBP Perpetual Preference Share Offering on LSE to Boost Bitcoin Holdings

According to ChainCatcher, The Smarter Web Company (trading under code MORE) plans to issue perpetual preference shares on the London Stock Exchange to raise between 15M and 25M GBP, with a minimum raise of 10M GBP. The offering will require support from three market makers for admission. Holders will receive cumulative weekly dividends and liquidation priority but carry no voting rights; the company retains redemption rights. As of mid-2026, SWC holds 2,878 bitcoin, with 132.5M GBP in distribut
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BTC-1.37%
12:32
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Crusoe and Perplexity AI Sign Multi-Year Cloud Deal Powered by Nvidia Chips

According to Bloomberg, today Crusoe and Perplexity AI signed a multi-year cloud services agreement under which Crusoe will provide AI computing power based on Nvidia chips and infrastructure management. Perplexity will use Crusoe's Nvidia-powered systems to train and run models. Crusoe will also supply Perplexity Enterprise Max product to over 1,800 Perplexity employees.
12:31
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Joe Lubin Confirms Attendance at Ethereum Ecosystem Summit on October 8 in Singapore

According to Odaily, Joe Lubin, Ethereum co-founder and ConsenSys founder, has confirmed attendance at the Ethereum Ecosystem Summit scheduled for October 8, 2026, in Singapore. Lubin will participate in a fireside chat with Sharplink CEO Joseph Chalom, discussing Ethereum's decade-long development and the future of open finance under the theme "Ethereum's Ten Years: From an Idea to the Future of Open Finance." The summit, organized by Sharplink, BlockUnion, and ETH HK Hub with support from Lido
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ETH-1.48%
12:31
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Canada's Wholesale Sales Drop to 0.3% in July from 2.8%

Canada's wholesale sales declined 0.3% month-over-month in July, compared to growth of 2.8% in the prior month, according to Statistics Canada data. The slowdown marks a significant deceleration in the sector's monthly performance.