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
17:32
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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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17:09
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EU to Establish 'Climate Insurance Coalition' on September 16, Targeting 25% Coverage Gap

According to EU Commission President Ursula von der Leyen, on September 16, the European Union will establish a 'climate insurance coalition' to address increasingly frequent extreme weather events and expand insurance coverage for climate-related disasters. Currently, only one-quarter of climate-related economic losses in the EU region are covered by insurance. The new insurance plan aims to address this gap. The EU will also improve early warning systems for extreme heat and strengthen drought
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17:07
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OpenAI and GitHub Win Copyright Lawsuit Over AI Coding Tool

According to Bloomberg Law, OpenAI and GitHub have won their copyright lawsuit related to AI programming tools. The legal victory marks a significant development in ongoing disputes over intellectual property rights in artificial intelligence development.
17:02
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Iran Enters IAEA Board of Governors Despite US Opposition

This week, Iran secured a seat on the IAEA Board of Governors despite U.S. opposition, marking a diplomatic victory for Tehran. The U.S. representative Preston Wells Griffith III called the move an "affront" to the International Atomic Energy Agency and its work.
17:01
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Iran Wins IAEA Board Seat This Week Despite US Opposition

Iran secured a seat on the International Atomic Energy Agency (IAEA) Board this week, even as the United States opposed the move, according to reports on the UN nuclear watchdog body. Middle Eastern countries had nominated Iran for the board, which prompted objection from the U.S. delegation. U.S. Representative Preston Wells Griffith III called the action an "affront" to the IAEA and its work.
16:44
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Morgan Creek CEO: Bitcoin Trading at 29% Discount to $105K Fair Value, Buy Opportunity Now

According to Morgan Creek Capital CEO Mark Yusko on Bitcoin Magazine TV, Bitcoin's fair value is approximately $105,000 based on Metcalfe's law, while the current price around $75,000 represents a 29% discount. Yusko stated this is the best time to accumulate Bitcoin as a wealth protection asset. Bitcoin hit a peak of $126,000 in October 2025 and has since declined about 40%, currently trading at $75,700. The recent rally was supported by the U.S. Treasury's announcement to at least double its l
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BTC-1.05%
16:37
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House Ways and Means Committee Passes Digital Asset Tax Certainty Act with 38-5 Vote on September 17

According to BlockBeats, on September 17, the House Ways and Means Committee passed the Digital Asset Tax Certainty Act with 38 votes in favor and 5 against, advancing it to the full House for consideration. The bill seeks to clarify fundamental tax rules for digital assets, establishing a $10 daily transaction threshold to reduce compliance burden for cryptocurrency payments. The legislation also addresses crypto income recognition, asset transfers, wash sale rules, mining, staking, and broker
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16:37
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Zuckerberg Says AI Labs Can Act Alone on Safety, Opposes Coordinated Slowdown

On Tuesday, Meta CEO Mark Zuckerberg argued in a post on X that AI labs can independently implement safety measures without waiting for industry-wide coordination. Zuckerberg stated that companies face liability when their systems cause harm and have strong incentives to move safely. He cited Meta's decision to delay Muse for several months to focus on safety and security as an example of unilateral action. His comments responded to recent calls from rival executives, including Anthropic CEO Dar
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