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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09:48

Xi Jinping Attends SCO+ Meeting in Bishkek, Delivers Speech on Multilateral Global Governance on Sept 1

According to Jin10, President Xi Jinping attended the Shanghai Cooperation Organization+ (SCO+) meeting in Bishkek on September 1 afternoon and delivered a speech titled "Jointly Advocating Equitable and Orderly World Multipolarity and Achieving More Just and Reasonable Global Governance." Xi emphasized the meeting's focus on strengthening the United Nations' role and building a multipolar world, highlighting the SCO's responsibility in global governance reform.
09:47

Sony Music, Warner Chappell Sue Anthropic for Copying Tens of Thousands of Songs, Seeking Billions in Damages

According to Fortune, on September 1, Sony Music and Warner Chappell Music jointly filed a lawsuit against Anthropic in U.S. Northern District of California federal court, alleging the company unlawfully downloaded and scraped tens of thousands of copyrighted songs to train its AI model Claude. The music publishers claim Anthropic obtained songs and lyrics through piracy channels and unauthorized scraping of licensed lyric platforms, then incorporated them into Claude's training data. The plaint
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09:44

South Korea FX Swap Points Close Mixed on September 1, 1-Year Rate at -8.50 Won

According to Yonhapinfomax, South Korea's FX swap points closed mixed on September 1, with the 1-year maturity rate ending flat at -8.50 won from the opening. The 6-month rate declined 0.10 won to -4.20 won, while the 3-month rate rose 0.05 won to -1.75 won. The 1-month rate closed at -0.45 won, up 0.10 won from the open. Overnight and tomorrow-and-next rates both settled at -0.010 won. The mixed performance partially reversed the previous day's decline following Federal Reserve Chair Kevin Wash
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09:43

Japan's FSA Issues Warning to Izakaya Limited for Unregistered Crypto Exchange Activities

According to Japan's Financial Services Agency, Izakaya Limited received a warning today (September 1) for conducting unregistered cryptocurrency exchange business, as stated in an official announcement. The regulatory action highlights Japan's intensifying oversight of the cryptocurrency sector and its commitment to ensuring compliance within the market.
09:41

Coinbase CEO Brian Armstrong Advocates for Clarity Act on August 31

According to his tweet on August 31, Brian Armstrong, CEO of Coinbase, advocates for the Clarity Act as a significant opportunity for the U.S. crypto industry. Armstrong argues that clear regulatory frameworks can benefit all stakeholders, providing banks and financial institutions with necessary clarity to view the evolving crypto landscape as a promising opportunity rather than a threat, ultimately fostering growth in the sector.
09:40

Strategy Repurchases $635.2M in STRC Perpetual Preferred Shares, Latest Tranche at $97.48

According to ChainCatcher, Strategy has cumulatively repurchased $635.2 million in STRC perpetual preferred shares, with the latest purchase totaling $151.8 million at an average price of $97.48. STRC is currently trading at $97.34, below its $100 par value. The ongoing repurchases, backed by a $1 billion authorization, have pushed the stock from a low of approximately $71 to around $97. STRC faces competitive pressure from Strive's ASST perpetual preferred shares, which offers a 13% annualized
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09:40

NeoSoul Launches Skill Builder on NeoTrade, Streamlines AI-Powered Trade Strategy Creation

According to ChainCatcher, NeoSoul, a BSC and 0G ecosystem AI infrastructure project, launched Skill Builder on its NeoTrade trading platform on September 1. The feature allows users to generate customized trading strategies by describing their trading approach in natural language. The system automatically configures parameters including time cycles, market focus, position sizing, and order execution methods. Skill Builder consolidates the traditionally multi-step strategy-building process into
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0G7.59%
09:39

Cloover Completes €86.2M Funding Round, Achieves €301.7M Annual Revenue

According to EU-Startups, Berlin-based AI-native energy platform Cloover has completed €86.2 million (approximately $100 million) in funding and announced profitability three years after launch, with annualized revenue reaching €301.7 million (approximately $350 million). The company also secured €350 million in guarantees from the European Investment Fund, bringing total cumulative funding to €1.12 billion (approximately $1.3 billion). Cloover operates across five European markets, completing a
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09:38

U.S. Army Secretary Dan Driscoll Resigns on Monday Amid Reform Obstruction and Pentagon Turmoil

According to AXIOS, U.S. Army Secretary Dan Driscoll announced his resignation on Monday, citing two main reasons: obstruction of his military modernization initiatives and turmoil caused by Defense Secretary Pete Hegseth's removal of senior military leaders. Driscoll had recently met with President Trump to express concerns about the Army's current state. The Army currently lacks Senate-confirmed leadership at both civilian and military levels. Driscoll's relationship with Hegseth has remained
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09:38

Lotte Group Chairman Shin Dong-bin Sells 12.65 Billion Won Worth of Lotte Shopping Stock, Stake Falls Below 10%

According to Korea's electronic disclosure system, Lotte Group Chairman Shin Dong-bin sold 118,180 shares of Lotte Shopping (code 023530) on August 28 and 31 and September 1, reducing his stake to 9.81% from 10.23%. The sales were executed at a weighted average price of 107,065 won per share, totaling approximately 12.65 billion won. Shin cited liquidity needs as the reason for the share sales. He plans to sell an additional 205,920 shares. In the first half of 2026, Shin received 3.33 billion w
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09:36

India's Payments Body Unveils AI Agent Framework for UPI Transactions Next Week

According to sources cited by Reuters, India's National Payments Corporation is preparing the Unified Agent Protocol framework to enable AI agents to make small Unified Payments Interface (UPI) transactions without per-transaction approval. The protocol is expected to be unveiled next week at the Global Fintech Fest in Mumbai. The framework would leverage existing UPI features including delegated payments through UPI Circle and blocked-funds flows under UPI Reserve Pay. Customers could set rule-
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09:33

Trader BonkGuy Holds Over 2% of MARSCOIN, Up 82.79% in Value

According to Odaily, trader BonkGuy has accumulated over 2% of MARSCOIN's total token supply. After trading in a $30–60 million market cap range for approximately one month, MARSCOIN recently listed on Binance Futures. BonkGuy's holdings total 24.9 million MARSCOIN tokens, valued at approximately $1.7804 million with an unrealized gain of $815,300 on his cumulative investment of $948,000. He views MARSCOIN as one of the key narratives on BNB Chain, combining Musk, CZ, and Mars elements while off
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09:32

MiniMax CEO Sets AGI Milestone at 1% Global GDP, Targets $10B ARR by Year-End

According to Bloomberg, MiniMax co-founder Yeyi Yun stated at the Goldman Sachs Asia Leaders Summit in Hong Kong that artificial general intelligence (AGI) should be measured by AI's ability to independently generate 1% of global GDP. She highlighted early signs of AGI through AI's autonomous planning, execution, and self-evaluation capabilities. Yun emphasized MiniMax's priority is advancing AI capabilities over expansion, expressing growing confidence in reaching $1 billion annual recurring re
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09:32

FGL Market Cap Breaks $1.52M on Robinhood

According to Odaily, FGL's market capitalization on Robinhood surpassed $1.52 million. FGL is based on the Nasdaq-listed Founder Group Limited, with a global market value of approximately $175,000.
09:29

XRP Spot ETF Records $26.2M Inflows on Aug. 28, Extending 10 Consecutive Days of Net Buying

According to Bloomberg Intelligence analyst James Seyffart, spot XRP ETFs recorded $26.2 million in net inflows on Aug. 28, pushing cumulative inflows to over $1.5 billion since launch. The streak of 10 consecutive days of positive flows marks an unusually resilient pattern. XRP traded at $1.37 as of late Aug. 28, gaining slightly in the past 24 hours, while institutional buyers including Goldman Sachs (with approximately $87.4 million exposure per Q2 13F filings) continued accumulating via regu
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XRP-0.58%
09:27

India's LNG Imports Surge 40% to 2.6M Tons in August, Highest Since October 2020

According to Jin10 on September 1, India's liquefied natural gas imports surged 40% year-over-year to 2.6 million tons in August, marking the highest monthly level since October 2020, according to vessel tracking data. The spike reflects increased purchasing by fertilizer producers benefiting from government subsidies, as well as city gas distributors forced to seek spot LNG following government restrictions on domestic natural gas supply. Keshal Sumit, senior global LNG analyst at Energy Aspect
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