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
10:57
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Lizhu Pharma Subsidiary Receives Approval for Leuprorelin Acetate Microspheremg 3-Month Injection

According to an announcement, Lizhu Pharma's (01513) subsidiary Shanghai Lizhu Pharmaceutical recently received approval from China's National Medical Products Administration for leuprorelin acetate microspheremg 11.25mg injection (3-month formulation). The product is indicated for three conditions: premenopausal breast cancer, prostate cancer, and central precocious puberty. The 3-month formulation, administered via subcutaneous injection every 12 weeks, maintains stable drug concentration over
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10:56
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Taiko Releases Maintenance Client Updates for Mainnet and Hoodi on September 29

According to PANews, Taiko released maintenance updates for all node operators on September 29, deploying them to both mainnet and Hoodi environments. The update includes three client versions: alethia-reth v1.4.1, taiko-alethia-client-v2.7.0, and simple-taiko-node v2.6.3. Node operators are advised to upgrade promptly to avoid potential runtime issues.
10:55
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Ethereum Schedules Glamsterdam Upgrade on Sepolia Testnet for Oct. 6

Ethereum developers have scheduled the Glamsterdam upgrade to activate on the Sepolia testnet on Oct. 6, according to the Ethereum Foundation. Node operators must update both execution-layer and consensus-layer clients before activation. Glamsterdam introduces enshrined proposer-builder separation, moving the handoff between block builders and validators into Ethereum's protocol. The upgrade also implements block-level access lists to record accounts and storage locations per block, and adjusts
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ETH2.48%
10:55
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Taiwan Weighted Index Falls 0.82% on September 29 Amid Profit-Taking

According to Newsis, Taiwan's Weighted Index fell 0.82%, or 392.64 points, to close at 47,631.96 on September 29, marking the second consecutive day of decline. The drop was driven by profit-taking following a series of record highs, alongside headwinds from rising U.S. long-term interest rates and overseas market movements during the Mid-Autumn Festival holiday period.
10:53
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France Supports Estonia Over Alleged Russian Arson Attack on Defense Firm

According to French President Emmanuel Macron on Tuesday (September 29), France expressed full support for Estonia. Estonia has determined that a fire in August at defense company Milrem Robotics was a Russian-directed arson attack. Macron stated that increasing hostile actions reflect Russia's dangerous course and pledged France's continued support for Ukraine despite threats from Russia.
10:53
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U.S. Companies Mention Open-Weight AI Models 6 Times More in August-September Earnings Calls; Chinese Models Hit 54% Market Share

According to the Financial Times citing AlphaSense data, mentions of open-weight or open-source AI models surged 6-fold in U.S. corporate earnings and investor calls during August and September compared to the same period last year. The shift appears most pronounced among tech companies, though enterprises including AT&T, PNC Financial Services, Robinson Global Freight, and Siemens also discussed adopting open-weight models in recent weeks. Open-weight models—which allow customization and can ru
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10:53
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River Financial Sues Blockstream Services Canada for $6.7M Settlement Default

River Financial filed a lawsuit against Blockstream Services Canada on September 11, 2026, alleging the company defaulted on a $6.7 million settlement tied to a canceled bitcoin mining hosting agreement. According to the complaint, monthly payments of $239,389.40 commenced on August 1, 2025, but stopped on March 31, 2026, remaining unpaid through the filing date. The $6.7 million total comprises a $3.5 million reimbursement for prepaid hosting fees plus a $3.1 million early termination charge. R
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10:49
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France Proposes Using 4.6 Billion Euro Google Fine to Cut EU Members' Budget Contributions

According to Reuters, on Tuesday, France's European Affairs Minister Benjamin Hadad proposed that the EU should use a 4.6 billion euro fine against Google to reduce member states' budget contributions to the bloc. Hadad stated in a French news interview that the funds represent a new revenue source for the EU and should be automatically applied to lower contributions from all member states. The fine stems from Google's breach of EU regulations designed to curb major tech companies' market power.
10:48
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Wangsu Technologies Invests 300 Million Yuan in Video Generation AI Company Sand.ai

According to Wangsu Technologies' announcement, the company will invest 300 million yuan in Sand.ai on September 29, acquiring 4.3963% equity in the company's A+ round preferred stock offering. As an interim arrangement, Wangsu will first provide 300 million yuan in convertible bonds to Shanghai Sandai Technology, gaining A+ round subscription warrants. Sand.ai, founded in January 2024, focuses on developing visual content generation models and video model-based application products.
10:47
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Vice Premier He Lifeng Meets Japan Trade Promotion Association Delegation on Sept 29

According to Jin10, Vice Premier He Lifeng met with a delegation from Japan's International Trade Promotion Association on September 29 at the Great Hall of the People. He Lifeng stated that China welcomes Japanese enterprises to develop in the country and share market opportunities, and hopes the association will uphold its friendly traditions toward China and play a greater role in promoting China-Japan economic and trade cooperation. Iwaya Takeshi, newly appointed president of the association
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10:45
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Ukrainian Cities Face Overnight Drone Strikes as Russia Escalates Attacks

According to Ukraine's foreign minister, Russian forces conducted sustained drone strikes on Ukrainian cities yesterday (September 28), with air raid sirens active throughout the day. The Ukrainian official stated that Russian jet-powered unmanned aircraft conducted continuous attacks on civilian areas.
10:45
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Ukraine Faces $54 Billion Financing Gap Through 2029, IMF Forecasts

According to IMF preliminary data, Ukraine faces a financing gap of up to $54 billion through 2029, as of September 29. The fund forecasts Ukraine will face a gap of $30-35 billion in 2027. The projected gaps are estimated at $17 billion in 2028 and $2 billion in 2029, according to sources familiar with the matter. IMF noted the figures remain subject to revision.
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10:43
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El Salvador Partners with Modveon to Launch Base-Powered Stablecoin Payment App

According to Bloomberg, El Salvador is shifting toward dollar-backed stablecoins after five years of limited Bitcoin adoption for daily transactions. The government is partnering with Modveon to develop an official app on the Base network, enabling residents to send and hold digital dollars, primarily for remittance use cases.
BTC1.62%
10:42
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Canada's 'Crypto King' Aiden Pleterski to Represent Himself at Fraud Trial Starting Monday

According to CBC News, Aiden Pleterski, 27, will represent himself at his fraud and money laundering trial starting Monday after an Ontario judge refused to delay the proceedings. Justice Shaun Nakatsuru denied Pleterski's adjournment application, leaving him without counsel for the four-week jury trial. Pleterski faces charges of fraud over $5,000 and laundering proceeds of crime. Investors handed him approximately $40 million to trade cryptocurrency and foreign exchange; bankruptcy proceedings
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10:41
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Cardano Foundation Partners with UCLA Anderson Accelerator for Multi-Year Educational Collaboration Starting 2027

According to Foresight News, Cardano Foundation announced a multi-year partnership with UCLA Anderson School of Management's Venture Accelerator. The collaboration will provide blockchain education and entrepreneurship support to UCLA students, founders, and accelerator participants, connecting them with the Cardano ecosystem. Cardano Academy content will be integrated into UCLA courses beginning in 2027.
ADA2.88%