Gate Crypto Flash News and Market Updates

According to ChainCatcher, Iran's Army Chief of Staff declared today that the Strait of Hormuz is closed. While adversaries claim the waterway remains open, it is actually sealed, the military official stated.

According to Reuters, Nvidia settled a trademark dispute with financial technology company Modulus Financial Engineering on Friday, September 25. The companies had filed court documents requesting the suspension of litigation originally scheduled for October as they finalize their settlement agreement. The settlement amount and other specific terms remain undisclosed. Modulus Financial had sued Nvidia in 2024, claiming the company's Modulus open-source software for AI machine learning model deve

According to crypto commentator @Morpho, over $150 million in USDC has been borrowed against cirBTC on the Arc platform recently, indicating a notable uptick in stablecoin demand within the market.

According to the Financial Services Commission (FSC) and Korea Exchange, South Korea launched Korea Premium Week 2026 on September 28, a three-week integrated capital market investor relations campaign running through October 16. The FSC pledged to manage leveraged investments and margin trading more strictly following June-July market volatility driven by semiconductor sector concentration and excessive leverage. The regulator emphasized markets should grow on corporate fundamentals and investo

According to Polish Deputy PM Kossiniak-Kamysz on September 28, a jet drone crashed on the Ukrainian side of the Dorohusk-Yahodyn border crossing, approximately 2 kilometers from the crossing point. Poland's airspace was not violated, the military confirmed.

According to Wall Street Journal, Boeing (NYS:BA) shares dropped 6.14% to $185.90 on September 28, hitting a 10-month low. The decline was triggered by reports of a software defect in the 737 MAX cockpit that could affect autopilot functionality during landing, with the FAA investigating the issue. The flaw stems from a software update and may impact certain automatic pilot functions in specific landing scenarios.

According to Jin10, Kevin Hassett, director of the White House National Economic Council, stated on September 29 that external factors may hinder the Trump administration's plan to achieve its 3% sustained GDP growth target. Hassett said that driven by productivity gains and wage growth, U.S. economic growth "should approach 4% rather than 3%," calling 4% his "baseline scenario" absent external disruptions. Hassett cited AI investment momentum and corporate spending as supporting factors, though

President Trump announced today that the United States held talks with Iran through a mediator.

According to CNBC sources, OpenAI tried to invest $100 million in Hugging Face after the startup's July security breach, but deal talks fell apart in early stages. Nvidia subsequently agreed to acquire the open-source AI platform for roughly $13 billion, announcing the deal on September 3. AMD and Salesforce were also in early discussions with Hugging Face during the bidding process.

According to Bloomberg, JP Morgan's U.S. market strategist Andrew Tyler shifted the bank's stance on U.S. equities on September 28, citing resilient economic growth, corporate earnings, and expectations for stabilized Treasury yields and lower oil prices. Tyler, who had taken a cautious view following Fed Chair Kevin Warsh's Jackson Hole speech in late August, now sees improved market conditions. In the near term, Tyler prefers technology stocks, citing potential support from earnings announceme

According to Gemini, Bitwise's near-native ETF is expected to start trading next week, amid a busy week of events in the crypto and tech sectors. The launch could attract institutional interest and bring increased liquidity to the market. Other notable events include the Tesla Roadster reveal and Korea Blockchain Week.

According to an announcement from OKX, the exchange launched XDP trading in its global spot markets on September 28. XDP is a cryptocurrency designed to facilitate tokenized capital markets. Currently, XDP is trading at $0, with 24-hour trading volume not yet reported.

According to Hedera, the company demonstrated its cross-ledger protocol (CLPR) at the Sibos conference, a platform designed to facilitate seamless digital asset movement across borders. The innovation, highlighted by Hedera's official announcement, aims to enable secure transactions without reliance on traditional bridges, positioning the company as a key player in cross-border digital asset infrastructure.

According to Ukraine's Foreign Ministry, a Russian drone struck the Yahidne-Dorohusk border crossing area once more, hitting an old checkpoint building on the Ukrainian side. Ukraine's top diplomat said Russia continues to attack border infrastructure, pushing the war closer to NATO's boundary.

According to the SEC, the agency updated its frequently asked questions on Friday regarding how securities laws apply to crypto assets and transactions. The latest guidance clarified that token issuers could conduct buyback programs for customers if the crypto system is functional with no central party, which would not necessarily qualify as an investment contract under federal securities law. The SEC also stated that functional networks providing services to secure, maintain, or enhance the sys

According to Saudi Press Agency, Saudi Arabia's Defense Minister has invited the United Arab Emirates Vice President to visit Saudi Arabia on Tuesday (local time).

According to CryptoTwitter commentator @SkyEcosystem, Spark Finance's USDS stablecoin RLUSD/USDS pool surpassed $1 billion in transactions within less than a month of launch. The pool is generating approximately $40 million in daily trading volume.

According to China Earthquake Networks Center, a 4.7-magnitude earthquake struck the Hualien County waters off Taiwan on September 29 at 2:20 AM (local time). The epicenter was located at 23.85°N, 121.78°E with a depth of 23 kilometers.

According to Morgan Stanley analyst Bob Jian Huang, AI-driven medical advances are expected to benefit life insurance and asset management companies. In a research report, the analyst noted that improved lifespans would boost earnings for companies bearing mortality risk, while the retirement sector could see product innovation. The firm raised Reinsurance Group of America to "Overweight" rating, citing potential benefits alongside Globe Life and Primerica.

According to Krebsonsecurity, a 24-year-old convicted cybercriminal Pepijn van der Stap was arrested in the Netherlands on September 16 on suspicion of aiding crypto hacking collective ShinyHunters. Van der Stap, who operated online under the moniker "Umbreon," previously conducted multiple acts of data theft and extortion before being convicted and released in December 2025. Dutch authorities say he will appear in Rotterdam District Court on September 29, while the United States is reportedly a