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.
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22:16
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U.S. Authorities Track Cyber Threats Targeting 20 Global Vessels in Late August

According to Bloomberg, U.S. authorities are tracking cyber threats targeting approximately 20 vessels globally, with multiple commercial ships identified as potential targets in late August. The U.S. Coast Guard has requested advance notification if any of these vessels plan to enter American ports, while officials from the Cybersecurity and Infrastructure Security Agency (CISA) and the FBI are jointly pursuing the matter. Hackers have not successfully gained control of the targeted vessels, ac
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22:16
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Fed Should Have Raised Rates by 50bp, Not 25bp, Says Gundlach on September 16

According to Jeff Gundlach, CEO of DoubleLine Capital, interviewed by CNBC on September 16, the Federal Reserve should have raised rates by 50 basis points instead of 25 basis points at today's FOMC decision. Gundlach said a larger hike could have recalibrated market rates toward the federal funds rate level, adding that Fed Chair Kevin Wash's press conference remarks were "very sparse" and lacked transparency. Gundlach also disagreed with Wash's plan to establish a task force to evaluate key op
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22:09
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Fed October Rate Decision Nearly Evenly Split at 50.2% Hold vs 49.8% Hike, CME Data Shows

According to CME Fed Watch Tool, as reported by Jin10 on Sept 17, after the Fed's September rate hike, the probability of the Federal Reserve maintaining rates at 3.75%-4.00% in October stands at 50.2%, while a 25 basis point hike carries a 49.8% probability. Looking to December, the Fed has an 11.3% probability of holding rates unchanged, a 50.1% probability of a cumulative 25bp increase, and a 38.6% probability of a cumulative 50bp increase.
22:04
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Intel Rises 4% as Investors Eye Memory Chip Cooperation With SK Hynix

According to Reuters, Intel discussed yesterday with SK Hynix, a South Korean chipmaker, regarding the potential production of memory chips in the United States. Intel stock rose 4% on Wednesday. Under consideration are options including SK Hynix leasing a portion of Intel's planned Ohio facility or establishing a joint venture with Intel or other companies. Both companies are currently in the exploratory stage, and discussions may not result in a commercial agreement.
22:03
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U.S. Spot Bitcoin ETFs Post $450.4M Net Outflows on Sep. 15 Amid CLARITY Act Setback

According to Farside Investors, the 12 U.S. spot Bitcoin ETFs saw combined net outflows of $450.4 million on Sep. 15, wiping out the prior session's $159.9 million inflow. Fidelity's FBTC led redemptions with $214.8 million, followed by BlackRock's IBIT at $161.7 million and Grayscale's GBTC at $44.1 million. The last comparable outflow occurred on June 25 ($696.29 million). The Senate failed to advance the Digital Asset Market Clarity Act (CLARITY Act) after the measure did not secure the requi
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BTC0.65%
21:52
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Bitpanda Co-Founder Trummer Named Co-CEO as CEO Enzersdorfer-Konrad Departs Q1 2027; Frankfurt IPO Delayed

According to Bitpanda, Co-founder Christian Trummer was appointed Co-CEO effective immediately and will lead the company alongside CEO Lukas Enzersdorfer-Konrad during a transition period. Enzersdorfer-Konrad is set to leave in Q1 2027 to join Erste Group as Executive Director Asset Management. Bitpanda's Frankfurt IPO remains delayed, with Enzersdorfer-Konrad citing unfavorable market conditions. The Austrian investment platform had targeted a listing in H1 2026 at a valuation of €4-5 billion b
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21:51
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House Committee Approves Digital Asset Tax Certainty Act on Wednesday

On Wednesday, the House Ways and Means Committee approved the Digital Asset Tax Certainty Act and advanced it to the full House. The proposal covers transaction fees, stablecoins, mining, staking, and lending activities. Committee Chairman Rep. Jason Smith noted the legislation is the result of more than a year of bipartisan work aimed at bringing clarity to digital asset taxation. The bill must still pass both chambers of Congress in identical form and receive the president's signature before b
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21:49
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Crux AI Secures $22B Loan From 10-Bank Consortium for Google TPU Hardware

According to Bloomberg, a 10-bank consortium has provided Crux AI, a joint venture of Blackstone and Alphabet, with a $22-billion debt facility on Wednesday. The loan includes a primary $22-billion term facility plus a separate $1-billion revolving credit line. The debt is secured by the market value of Google-designed Tensor Processing Units (TPUs) and Crux AI's underlying customer contracts. The banking group includes Goldman Sachs, Sumitomo Mitsui Banking, Barclays, BNP Paribas, and Bank of N
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21:49
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Ukraine-Russia Conflict Intensifies Over 24 Hours as Zelenskyy Sets Conditions for Energy Ceasefire

According to Jin10 data compilation, over the past 24 hours as of September 17, Ukrainian forces reported killing a Russian general in Donetsk, while launching drone strikes on refineries in Russia's Bryansk region. Russia's Defense Ministry stated it struck Ukrainian energy and transport infrastructure supporting armed forces, while a Russian warship fired warning flares at a Danish helicopter. Ukrainian refineries in Syzran and Saratov ceased operations following drone attacks. Ukrainian Presi
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21:47
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CME Fed Watch Shows 40.1% Probability of 25bp Rate Hike in October

According to CME Federal Reserve Watch data released after the Fed's September rate decision, the probability of the Fed maintaining rates at 3.75%-4.00% in October stands at 59.5%, with a 25 basis point hike probability at 40.1%, and a 50 basis point hike probability at 0.5%. For the December meeting, the probability of holding rates unchanged remains at 16.7%, with cumulative rate increase expectations of 25 basis points at 54.0%, 50 basis points at 28.9%, and 75 basis points at 0.3%.
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21:46
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Former OpenAI Researcher Launches Jev LLM Model, Claims 20-200x Speed and 40-400x Cost Improvement

According to Diogo Almeida, founder of TypeSafe and former core researcher at OpenAI who contributed to ChatGPT and GPT-4, a new language model called Jev was launched recently. The model claims to achieve 20-200x faster speeds and 40-400x lower costs compared to existing LLMs while maintaining comparable performance on structured tasks. Jev's end-to-end response time is 70-500 milliseconds versus 3-329 seconds for advanced models. On pricing, Jev charges 0.042 dollars per million input tokens w
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21:43
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BCB Bancorp Plans Stock Sale, Q3 Loss Guidance of $123-136M

According to an official statement, BCB Bancorp, a New Jersey-based bank, announced plans this week to issue additional stock and divest cannabis and real estate-related loans due to facing substantial third-quarter losses. The bank projects a net loss of $126.2 million to $136.1 million for Q3. BCB stated it will seek to sell cannabis-related lending portfolios, deposits, and commercial and multifamily real estate loans, with proceeds to support liquidity and capital levels. The stock fell as m
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21:41
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SushiSwap Launches Permissionless Token Launchpad on Arc

According to SushiSwap, the decentralized exchange recently launched a permissionless token launchpad on Arc, enabling projects to launch tokens and utilize concentrated liquidity AMM features. The initiative aims to expand SushiSwap's infrastructure and attract more users to its ecosystem.
SUSHI1.92%
21:34
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Houthis Attack Saudi Aramco Facility and Airbase; 18M Barrels Crude Oil Flow Through Hormuz Daily

According to reports, Houthi forces conducted overnight attacks on Saudi facilities on September 16, targeting a Saudi Aramco installation in Yanbu and an air base in Mishab. This marks an escalation of military operations in the region. Meanwhile, U.S. Energy Secretary Wright reported that 18 million barrels of oil flowed through the Strait of Hormuz yesterday, compared to a 7-day average of 11 million barrels daily, underscoring the strategic importance of the waterway amid regional tensions.
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