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
11:01
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Circle Mints $750M USDC on Solana in Past 24 Hours

According to crypto commentator @SolanaFloor, Circle minted approximately $750 million in USDC on the Solana blockchain in the past 24 hours. This minting activity increases the stablecoin's supply on the Solana network.
USDC0.04%
SOL-3.68%
11:01
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Circle Launches Arc Mainnet, Completes 10 Billion ARC Genesis Mint on September 16

According to Odaily, Circle launched its Arc public blockchain mainnet on September 16, completing a genesis mint of 10 billion ARC tokens. The network's 11 founding validators include BlackRock, Visa, Mastercard, and the Depository Trust and Clearing Corporation. Circle stated that the token supply represents a technical milestone but does not constitute a commitment to public distribution. Arc uses USDC as its native gas token and supports sub-second finality with optional privacy features for
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USDC0.04%
10:59
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KREMLIN Malware Uses Ethereum Smart Contracts to Dynamically Update C2 Infrastructure, 1,515 Hosts Infected

According to Slow Mist, the Brazilian banking malware campaign REF9334, active since at least May 2025, was recently disclosed. The KREMLIN malware ecosystem employs Ethereum smart contracts as dynamic resolvers to update command-and-control endpoints and payload hosting locations. The malicious infrastructure also distributes browser extensions to steal credentials and session tokens by bypassing Chromium security mechanisms. Researchers observed 1,515 infected hosts checking in after the campa
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ETH-3.17%
10:57
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Former Robinhood Crypto Engineers Charged With Insider Trading on Hyperliquid, Each Profited Over $50K

According to the U.S. Attorney's Office for the Southern District of New York, on September 15, 2026, former Robinhood engineers Hefu Chai, 36, of Menlo Park, California, and Huaisong "Jerry" Xiang, 30, of Jersey City, New Jersey, were charged with one count of commodities fraud and one count of wire fraud each. Prosecutors allege the engineers accessed nonpublic information about upcoming cryptocurrency listings at Robinhood and used it to trade perpetual futures on the decentralized platform H
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10:52
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Base Launches B20 Token Standard to Simplify Token Management

According to its official announcement, Base recently introduced B20, a new token standard designed to streamline token management and development on its blockchain. The standard aims to enhance the speed and safety of token operations, enabling developers to create and manage tokens more efficiently directly within the Base ecosystem. B20 is expected to attract more projects to the platform by reducing complexity and improving the overall developer experience on the network.
10:52
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U.S. Senate Fails to Advance CLARITY Act, Triggering $525M Liquidations

The U.S. Senate failed to advance the CLARITY Act, sparking over $525 million in long position liquidations within 24 hours, according to a post by @SolanaFloor. Traders reacted sharply to the legislative setback, with the market experiencing significant sell-offs as uncertainty around regulatory clarity intensified.
10:49
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US 30-Year Mortgage Rate Hits 7.22% on September 15, Highest Since January 2025

According to Jin10, U.S. 30-year fixed mortgage rates hit 7.22% on September 15, marking the highest level since January 2025 and continuing an upward trend following the 7% breakthrough on September 10. The surge is driven by rising U.S. 10-year Treasury yields and market expectations of Federal Reserve rate increases. Data from the National Association of Realtors showed existing home sales fell 2% month-over-month in August, equivalent to 3.98 million units annualized, the lowest since June 2
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10:44
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Zcash Community Votes 98.9% for Bitcoin-Style Halvings, Backs 25-Second Block Times on September 14

According to sentiment polls closed on September 14, 98.9% of Zcash coinholders voted to maintain Bitcoin-style halvings rather than adopting a smoothed issuance model for Network Upgrade 7. The same polls showed strong support for reducing the target block interval from 75 seconds to 25 seconds, a change intended to triple network transaction throughput without altering ZEC's 21 million coin hard cap. The next halving is expected in late 2028.
BTC-1.42%
10:43
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Saudi Arabia Declares Mecca Targeting a 'Red Line', Market Bets on Strait of Hormuz Normalcy Fall to 17.5%

According to Crypto Briefing, Saudi Arabia on September 16 accused the Houthi movement of targeting Mecca and declared the incident a "red line," escalating tensions in the Middle East. The accusation has dampened market confidence in the normalization of Strait of Hormuz traffic by December 31, with prediction-market odds now priced at 17.5% for a YES outcome, reflecting concerns over potential disruptions to critical oil shipping routes.
10:43
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Middle East Crude Hits Highest Since March as Supply Concerns Rise; Oman Blend Reaches $132.09/bbl

According to Bloomberg, Middle East crude prices surged to their highest levels since March following concerns over potential supply disruptions reminiscent of early conflict escalation. After an attack last week temporarily shut down a key Saudi pipeline, traders scrambled to secure alternative supplies. Oman crude futures jumped to $132.09 per barrel, with the premium to international benchmark Brent crude widening to nearly $24, the highest since March. Abu Dhabi's Murban crude, another key b
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10:42
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Sumsub Launches Workforce Verification with Identity Checks for Password Resets

Sumsub has launched Workforce Verification, a product that integrates document verification, biometric liveness detection and background screening into identity-access systems to counter deepfakes targeting employee accounts. The service covers recruitment, onboarding, account recovery, privilege changes and suspicious logins, inserting identity checks at high-risk moments such as password resets. The company claims its deepfake detection efficiency can reach 99.98%, though it notes performance
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