Gate Crypto Flash News and Market Updates

According to BlockBeats, Predict.fun launched a SHEIN price prediction market today (September 4), allowing users to forecast daily price movements and execute trades based on the stock's direction.

According to Yonhapinfomax, the USD-KRW spot mid-rate (MAR) traded at minus 0.05 won in Seoul foreign exchange market before 9 a.m. on Sept 4. NDF fixing positions were held at square, indicating neutral market positioning among regional participants at market open.

On September 2, Curve DAO appointed yRisk as risk manager for crvUSD and Llamalend projects, replacing LlamaRisk, with the governance vote receiving approximately 536.9 million veCRV in support. yRisk will receive 125,000 frxUSD and 568,181 CRV through one-year vesting streams. The appointment comes despite prior concerns over a $9.6 million exploit linked to Resupply, a developer group associated with yRisk, raising questions about the DAO's risk management strategy.

According to FinCEN's Sept. 3 announcement, the Treasury Department's Financial Crimes Enforcement Network identified approximately $12.7 billion in financial activity tied to suspected digital asset investment scams. The analysis covered 33,904 Bank Secrecy Act reports filed between September 2023 and December 2025, affecting people across all 50 U.S. states. Transnational criminal organizations based predominantly in Southeast Asia operate the scam infrastructure, using fake personas, shell co

According to ChainCatcher, blockchain verification and audit platform Assure DeFi announced it will cease operations and no longer accept new business. The company stated it has completed verification for over 1,500 projects, involving assets valued at over $2 billion. Existing KYC and audit records will remain valid and publicly searchable after closure. The team will shift focus to its AI agent business, Brainverse.

According to Economist, on September 4, foreign investors and institutional buyers returned to Korean markets after six trading days, driving the KOSPI higher as U.S. Treasury yields declined. However, Samsung Electronics and SK Hynix—the index's primary drivers—showed gains of roughly 2% but remained unable to break key resistance levels, with Samsung capped near 255,000 KRW (below 260,000 KRW) and SK Hynix stuck around 1.6 million KRW (below 1.7 million KRW). U.S. Treasury yields remained elev

According to the Capital Market Research Institute, South Korea's retirement pension assets have accumulated to 501.4 trillion won as of end-2025, yet the 10-year average return rate stands at only 2.64%, according to a policy briefing held today (September 4). Research fellow Nam Jae-woo highlighted that 75.4% of total assets remain concentrated in principal-guaranteed products, limiting long-term wealth accumulation. Last year, the overall fund return was 6.5%, but principal-guaranteed product

According to TradingBeats monitoring, on September 4, four major addresses placed approximately $118 million in buy orders below the $76,700 level when Bitcoin was trading at $78,765. Although the addresses serve different purposes, they align on a bullish signal.

According to Yonhap News, Japan's Nikkei 225 index rose 244.30 points (0.38%) to 64,458.78 on September 4, following dovish remarks from Federal Reserve official Christopher Waller overnight. Waller stated that recent inflation indicators suggest disinflationary trends, and if this momentum continues over the next two weeks, he would lean toward maintaining the current federal funds rate target range. The index was supported by bank stocks including Mitsubishi UFJ Financial, Sumitomo Mitsui Fina

According to Jin10, as of September 4 at 10:30 AM, gold bar prices from major Chinese banks and brands rose broadly, with A-One Gold Shop posting the largest gain of 20 yuan per gram compared to the previous day.

According to Bluewhale News on September 4, Bytedance and ZTE's Nubia NaviX Ultra smartphone will feature Changxin Technology's 10667Mbps LPDDR5X memory. Changxin confirmed this marks the first mass production application of domestically-produced 10667Mbps high-speed LPDDR5X memory chips.

According to JPMorgan Chase, on September 4, the bank warned that if USD/JPY breaks below the 155 level, approximately $102.6 billion in unhedged Japanese yen shorts could trigger concentrated covering, potentially pushing the pair into the 142-146 range. JPMorgan strategist Junichiro Tamase noted that large-scale yen short positions may not yet be fully unwound, and breaking 155 would heighten the risk of a cascading selloff.

At early trading close on September 4, Japan's Nikkei 225 index rose 0.9%, while the Topix index fell 0.2%.

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate midpoint price stood at 152,200 yuan per ton today, down 1,900 yuan from the previous day's 16:30 close.

According to ICE, on Sept 3 New York close, raw sugar futures fell 3.80% while white sugar futures declined 2.66%. Arabica coffee futures dropped 1.42%, with robusta coffee falling 1.15%. New York cocoa futures fell 2.12% to $6,140 per ton, while London cocoa futures declined 1.33%.

Recently, Michigan courts issued a preliminary injunction against Kalshi, a prediction market platform, citing violations in sports wagering operations. The state alleges the platform operated illegally in the sports betting sector. Potential daily fines could reach $500,000.

On September 2, a federal court in California rejected Tesla's motion to dismiss a copyright lawsuit filed by drone pilot James Quellich over a video reposted by CEO Elon Musk on X platform without authorization. The court found Quellich's allegations merit: Musk acted as Tesla's agent when reposting the content, significantly amplifying the copyright infringement's reach. The court determined Tesla's conduct constituted willful infringement, as Quellich repeatedly notified the company of the co

OpenAI released GPT-6 Astra on Thursday, with president Greg Brockman calling it a "generational leap" and announcing the arrival of artificial general intelligence (AGI). The model is OpenAI's first designated "critical" under its Preparedness Framework for dangerous capabilities, meaning it can autonomously discover zero-day vulnerabilities and chain them into working exploits without human oversight. In testing, Astra scored 100% on ExploitBench and discovered two previously unknown zero-day