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
02:29

OpenAI Fixes 8 Token-Draining Bugs in Codex, Resets Paid User Quotas; 10%-50% More Usage Per Credit

According to Tibo, OpenAI fixed eight classes of token consumption bugs in Codex today and reset usage credits for all Codex and ChatGPT Work paid subscribers. Users can now stretch the same quota by 10-50% more depending on usage patterns. The most wasteful bug was the /goal command, which could consume 15-70% of weekly quota in a single task even after completion; Computer History also caused excessive token drain of approximately 20% in some cases.
02:25

Meme Coin "Niu Lai" Hits $87M Market Cap on BSC, Up 48% in 24 Hours

According to BlockBeats, on August 30, Meme coin "Niu Lai" on the BSC chain briefly reached a market capitalization of $87 million, marking a new all-time high. The token was trading at $83.06 million at the time of reporting, with a 24-hour gain of over 48%, according to GMGN data.
MEME-1.67%
02:23

Russia's Sberbank Plans Crypto-Backed Loans with Bitcoin, Ethereum and Tether

According to TASS, Sberbank, Russia's largest bank, plans to offer crypto-backed loans to corporate clients, initially using Bitcoin as collateral after successfully testing the model with mining firm AO Intelion Data last year. Ethereum and Tether will be added to the collateral offering once Russian regulators authorize their public circulation and the remaining provisions of new crypto legislation take effect, said Anatoly Popov, deputy chairman of Sberbank's management board.
BTC0.35%
ETH0.52%
02:23

Nvidia Posts $96.2B in Q2 Revenue as Jim Cramer Defends Stock Amid $80B Debt Concerns

Nvidia reported fiscal Q2 2027 revenue of $96.2 billion on August 30, 2026, up 106% year-over-year, with data center revenue reaching $89 billion. However, analysts and investors are focusing on the company's growing financial commitments. Nvidia's gross debt has jumped to $33.5 billion from $8.5 billion a year earlier, while estimated peak liabilities through 2028 could reach between $80 billion and $200 billion, including customer financing guarantees and a $105 billion residual-value guarante
More
02:22

Fundstrat's Mark Newton: NVIDIA Performance and Global Liquidity Shifts Reshape Market Landscape

According to Fundstrat's Mark Newton, NVIDIA's recent market moves and global liquidity conditions have altered the market landscape across various asset classes. NVIDIA, the world's largest company by market value, is trading at around $217.55 with a market cap estimated between $5.3 trillion and $5.5 trillion. Concurrently, U.S. Treasury yields have surpassed 5%, significant for equities and risk assets. Newton suggested that the combined impact of NVIDIA's performance and global liquidity dyn
More
02:21

NEAR's near.com Enables On-Chain Financial Privacy by Default

According to Foresight News, NEAR protocol co-founder Illia announced that near.com has enabled privacy as default, with the team completing its transition to full on-chain financial privacy. All account balances, deposits, exchanges, yields, and payment activities are now visible only to the account holder.
NEAR1.98%
02:21

U.S. Government to Hold 35% Stake in Venezuelan Oil Company, Overnight Announcement on Friday

According to the Wall Street Journal, the U.S. government announced on Friday night that it will hold a 35% passive stake in a private Venezuelan oil company and secure first-right-of-purchase on 20% of its production. The company, North American Blue Energy Partners led by Venezuelan businessman Alejandro Betancourt, will be granted a century-long concession to develop 17 oil fields containing an estimated 65 billion barrels—equivalent to one-fifth of Venezuela's reserves.
02:19

Fed's Powell Signals Hawkish Stance, Sept Rate-Hike Odds Surge to 57.5% on Aug 28

According to edaily, Fed Chair Jerome Powell delivered hawkish remarks on August 28 at Jackson Hole, stating concerns over inflation indicators and emphasizing the need for confidence that "core inflation is moving meaningfully toward our 2% objective." The comments sparked a market shift, with CME FedWatch data showing September FOMC rate-hike probability rising to 57.5%. Meanwhile, South Korea's KOSPI fell to 6,788.88 this week after briefly approaching 7,000 earlier. Samsung Electronics and S
More
02:17

Trader Doctor Profit Eyes Bitcoin Sideways Range Between $71K and $82K on August 30

According to Doctor Profit (via BlockBeats), on August 30, Bitcoin is expected to trade sideways between $71,000 and $82,000, with $71,000 as the range bottom and $82,000 as the resistance level requiring a breakout. The trader remains bullish on an eventual upside breakthrough and continues holding spot positions built near $62,000, with no short positions or sales.
BTC0.35%
02:17

Goldman Sachs Predicts Gold to Hit $4,900 by Year-End on Central Bank Demand

According to Goldman Sachs analysts Lina Thomas and Daan Struyven, gold is forecast to reach $4,900 per troy ounce by year-end 2026, driven by elevated central bank demand and expectations for the Federal Reserve to maintain holding rates. Central banks are expected to purchase 50 tonnes of gold monthly this year, representing a roughly 300% increase from pre-2022 levels of 17 tonnes per month. The surge reflects banks' efforts to diversify reserves and hedge geopolitical and financial risks. In
More
02:13

South Korean Oil Refiners Surge in August, GS Up 45% Amid Strong Refining Margins

According to Yonhapnews, South Korean oil refiners surged in August as of August 30, with GS rising 45.17%, S-Oil gaining 17.20%, and SK Innovation up 5.79%, all outpacing the KOSPI's 2.93% gain. The rally was driven by improved crude sourcing conditions that lowered input costs, while relatively low global oil inventories kept refined product prices strong. Weak refinery supply recovery meant refiners could maintain higher profit margins despite lower crude prices.
02:09

Venezuela Announces 25-Year Oil Accord with U.S., Targets 1.5M Barrels Daily Output

According to Jin10, on August 30, Venezuela's interim president Delcy Rodríguez revealed details of a 25-year petroleum agreement with the U.S., covering 17 prospective oil fields with a production target of 1.5 million barrels per day. Under the accord, oil is priced at $69 per barrel, with the Venezuelan government retaining a profit of $19 per barrel, plus a 16% mining concession fee and 34% corporate income tax on operating oil companies.
02:07

KOSPI Retreats to 6,788 After 1.8% Weekly Decline as Foreign Investors Sell 9 Trillion Won

According to Korea Exchange data released on August 30, South Korea's KOSPI index fell 1.8% this week to 6,788.88, weighed down by foreign investors' net selling of approximately 9 trillion won. The index fluctuated between 6,696.96 and 6,912.37 during the trading week. Domestic individual investors purchased 1.1 trillion won in net buying, while institutional investors added 7.8 trillion won, but foreign outflows limited upward momentum. Among institutions, financial investment companies purcha
More
02:03

Kyiv Region Warehouse Attack Kills 37, Zaporizhzhia Nuclear Plant Backup Power Depletes in 10 Days

According to Jin10, Ukrainian authorities reported yesterday (August 30) that a warehouse attack in Kyiv region killed 37 people. Meanwhile, the Zaporizhzhia nuclear power station faces critical power shortages, with backup energy reserves lasting only approximately 10 days as external power supply remains disrupted. Ukrainian officials also claimed that a strike on Russia's Belgorod region resulted in three deaths, while Russia's Foreign Ministry denied that Moscow changed policy following Ukra
More
02:01

Refi Hub Co-founder Hit by Malware From Claude-Supplied Link on Friday

According to Refi Hub co-founder Numa Lunah, a download link provided by Claude on Friday led to a malware infection on his laptop. The link appeared legitimate for a transcription app installation, but executed code attempting to steal his data. After discovering a poisoned SKILL.md file in his Claude Code backups—designed to silently reinstall malware and steal credentials—Lunah wiped and rebuilt the device. Microsoft warned in May 2026 that LLM-poisoning attacks increasingly target cryptocurr
More
02:01

South Korea Expands Household Loan Pool by 30 Trillion Won on August 30, Though General Lending Capped at 6-8 Trillion

According to Korean financial authorities, on August 30, regulators relaxed household loan volume controls and released an additional 30 trillion won in lending capacity. However, only 6 to 8 trillion won of the new pool will be available for general mortgage and credit loans, with the remainder directed toward group loans, mid-to-low credit borrowers, and youth jeonse (deposit) loans. The country's five major banks—KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup—saw their annual household loa
More
02:00

Clutch Markets to Launch Leverage Machine Options Exchange in September via STORMM Mechanism

According to Odaily, Clutch Markets announced the introduction of STORMM (Stock Token Optimized Regenerative Market Maker) and will debut its permissionless on-chain options exchange Leverage Machine in September. On the platform, users can provide stock token or ETH liquidity to earn LP fees, option premiums, and token multiplier rewards, while other users can purchase call or put options backed by that liquidity. Each options position will be minted as a tradable NFT recording position size, s
More
ETH0.52%