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
11:11
0

Shanghai International Energy Exchange Adjusts Crude Oil and Low Sulfur Fuel Oil Futures Trading Limits Starting Sept 15

According to Shanghai International Energy Exchange (Jin10), effective Sept 15, 2026, daily opening transaction limits for non-brokerage members and clients will change. Crude oil futures contracts SC2610 and SC2611 will be capped at 800 lots per day for opening positions. Low sulfur fuel oil futures contracts LU2610 and LU2611 will be capped at 3,000 lots per day for opening positions.
11:11
0

U.S. CIA Deputy Director States Wider Espionage Against China; Beijing Warns of Countermeasures

According to a Commerce Ministry spokesperson, U.S. CIA Deputy Director Ellis publicly stated on September 11 that the U.S. is conducting broader espionage activities against China, including Chinese enterprises, in response to what Washington characterizes as China's dual threats in military and economic domains. Ellis specifically cited artificial intelligence, semiconductors, and biotechnology as justified espionage targets. In response, China's Commerce Ministry warned the U.S. to immediatel
More
11:09
0

Bitmine's Tom Lee Warns of Excessive Market Leverage, Predicts Potential Pullback Later This Year

According to Bitmine Chairman Tom Lee, the cryptocurrency market faces heightened volatility risks and could experience a pullback later this year. Tom Lee cited multiple factors driving uncertainty: midterm elections, Federal Reserve policy decisions, and excessively high leverage in the market. He noted significant disagreement persists over whether inflation has genuinely declined. However, Tom Lee suggested the Fed could afford greater patience if consumer inflation expectations remain ancho
More
11:05
0

Trump Dismisses AI Extinction Risks as Dozen OpenAI, Anthropic Insiders Call for Slowdown

According to CNBC, President Trump dismissed concerns about AI posing an existential threat to humanity on Thursday, saying he has no such worries. When asked about AI extinction risks, Trump stated, "I have concerns that if we don't win AI, we're going to be put in a very bad position," citing competitive pressure from China. Trump's comments came after more than a dozen researchers at OpenAI and Anthropic, including chief scientist Jakub Pachocki and researcher Jasmine Wang, publicly warned of
More
11:02
0

Jefferies and Citi Cut ADBE Price Targets to $275 and $250 Following Q3 Beat, Stock Falls 4%

According to TheFly, Jefferies and Citi cut their Adobe (ADBE) price targets on Friday following the software maker's fiscal third-quarter results, though the stock declined 4% in premarket trading despite stronger-than-expected metrics. Jefferies analyst Brent Thill lowered his target to $275 from $285, maintaining a Hold rating, while Citi cut its target more sharply to $250 from $301 with a Neutral rating, citing concerns over Adobe's decelerating growth trajectory. Adobe's Q3 revenue rose 13
More
11:02
0

Iranian Officials Claim Country's Hormuz Authority Has Put U.S. in Strategic Stalemate

According to Iranian officials on September 11, Iran's authority in the Strait of Hormuz and its resistance have put the U.S. and its allies in a tactical and strategic stalemate. The officials stated that security cannot be purchased with money, adding that economic crises and related strategic challenges will be borne by the American people and their allies.
11:01
0

France Downgrades 2026 GDP Growth Forecast to 0.5%, Says Budget Deficit Target Unachievable

According to Jin10, France's Finance Minister Laurent Lecornu on Friday (September 11) downgraded the government's 2026 economic growth forecast from 0.7% to 0.5%, stating that the country will also fail to meet its budget deficit target. Lecornu cited multiple challenges including domestic political uncertainty, surging energy prices, extreme summer weather, and rising borrowing costs in bond markets as drivers of the downgrade. He maintained France's 2027 growth forecast at 1.0%.
11:01
0

Standard Chartered Projects SKY Token to $0.325 by End of 2028, Five Times Current Price

According to Standard Chartered, the bank set a target price of $0.325 for Sky's SKY token by end of 2028, a five-fold increase from the $0.065 price cited in the report. The bank expects Sky, the third-largest stablecoin issuer globally after Tether and Circle, to track Ether's performance while outpacing Bitcoin by 2028. Standard Chartered also projects Ether will reach $18,000 and Bitcoin $300,000 by the same period. Sky's yield-bearing sUSDS token has total value locked of $4.5 billion with
More
SKY-1.87%
BTC-1.11%
10:58
0

Samsung Active Asset Management Fund Manager Under Investigation for Front-Running on September 11

According to Yonhap Infomax, South Korea's Financial Supervisory Service launched an investigation into Samsung Active Asset Management fund managers on September 11 on suspicion of insider trading. Fund manager A, who manages approximately 400 billion Korean won across three funds including an active ETF, allegedly purchased KOSDAQ-listed stocks through nominee accounts before the company's KoAct ETF added them to its holdings, allowing the manager to profit from subsequent price increases. The
More
10:56
0

Anthropic Finds Yemen-Based Group Using Claude AI to Develop 2,000+ km Ballistic Missile

According to Anthropic's AI abuse detection report released on September 11, a Yemen-based group is using Claude AI to develop missile and rocket systems, including a guided rocket, a ballistic missile with a claimed range exceeding 2,000 kilometers, and a series called R2000. The unidentified actors used Claude to assist with developing guidance, navigation, and control software, effectively replacing tasks typically performed by software engineers. The group reportedly distributed work across
More
10:50
0

India Launches Tokenized Bond Pilot With $107M Issued Across Three Companies

According to the Securities and Exchange Board of India (SEBI), India's securities regulator and central bank launched a tokenized corporate bond pilot on Thursday, with three companies issuing a combined 10.25 billion rupees ($107 million) through Demat 2.0 infrastructure. Public-sector lender REC raised 5 billion rupees from 18 investors on Monday, while engineering conglomerate Larsen & Toubro (L&T) raised another 5 billion rupees from four investors on Wednesday. Non-bank lender IIFL issued
More
10:47
0

EU Approves €6.1 Billion Aid Package for Ukraine's Defense on September 11

According to the European Commission, on September 11, the EU approved €6.1 billion in aid to Ukraine for procurement of air defense systems, missiles, drones, and electronic warfare equipment. The funds will support purchases from both EU and Ukrainian defense contractors, including PAC-3 missiles needed for Patriot air defense systems. With this allocation, the €28.3 billion designated for Ukraine's 2026 defense assistance has been fully distributed, with specific equipment, suppliers, quantit
More