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
11:41

HyperLend Co-Founder Confirms Platform Won't Exit, Backed by $2B+ Loan Volume

According to HyperLend co-founder ness.hl, the platform will not exit the market despite Hyperliquid's recent composite margin and lending updates. HyperLend and Hyperliquid are independent products serving different use cases, with HyperLend offering more efficient lending operations. The platform currently supports multiple crypto assets as collateral and plans to expand to stocks and commodities. HyperLend has generated over $2 billion in cumulative loan volume since launch.
HYPE-1.91%
11:41

Iran's President Pezeshkian Meets Pakistan PM Sharif During SCO Summit

Iran's President Masoud Pezeshkian and Pakistan's Prime Minister Muhammad Shehbaz Sharif held talks during the Shanghai Cooperation Organization summit. The two leaders exchanged views on bilateral relations, cooperation progress, and ways to deepen dialogue, emphasizing the need to unlock greater potential in their partnership.
11:39

Sberbank Plans to Add Ethereum and USDT as Crypto Loan Collateral Ahead of Russia's Sept. 1 Crypto Law

According to deputy chairman Anatoly Popov cited by TASS, Russia's largest bank Sberbank plans to expand its crypto collateral loan business by accepting Ethereum (ETH) and Tether stablecoin (USDT) alongside Bitcoin, pending regulatory approval. Russia's Central Bank included BTC, ETH, and USDT in a draft list of cryptocurrencies eligible for public trading on Russian exchanges, based on market capitalization, daily trading volume, and at least five years of price history on foreign platforms. R
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ETH-0.37%
BTC0.34%
11:38

Hyperliquid and Pump.fun Account for Nearly 90% of Record $638M Crypto Buybacks Year-to-Date

According to Financial Times citing Allium Labs data, Hyperliquid and Pump.fun accounted for nearly 90% of the record $638 million in token buybacks conducted by cryptocurrency projects year-to-date as of August 25, 2026. Hyperliquid spent approximately $370 million on buybacks, while Pump.fun allocated nearly $200 million, as the two platforms led a surge in repurchase activity compared to $545 million in 2025 and $366,000 in 2024.
HYPE-1.91%
PUMP-10.71%
11:37

Meta Could Overtake Google Search Ad Revenue Before End of 2026, Bernstein Says

According to Bernstein analysts, Meta may surpass Google Search in advertising revenue before the end of 2026, driven by artificial intelligence. Meta captured nearly half of every incremental digital advertising dollar in the second quarter, the firm said. Bernstein attributed the acceleration to AI improving content recommendations, user engagement, ad targeting, and delivery. During its Q2 2026 earnings, Meta said its Advantage+ automated campaign platform generated roughly $60 billion in ann
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11:37

Zhipu Reduces Token Inference Costs 80% Since Start of 2026 Using 100K Domestic Chips

According to Zhipu, the company has achieved scaled low-cost inference with 100,000 domestic chips, reducing token inference costs by 80% since the start of 2026. The GLM-5.3-Flash model previously processed 6.2 trillion token calls during beta testing under the alias Ox-Alpha on OpenRouter and OpenCode. Following its official release, all online traffic continues to run on the 100K domestic chip fleet, validating the infrastructure's production-scale capability.
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11:37

Fed Chair Walsh Signals Rate Path Flexibility at Jackson Hole, PCE at 3.7% on August 28

According to Maeil Business Newspaper, on August 28, Federal Reserve Chair Kevin Walsh delivered his first Jackson Hole Economic Symposium speech in Jackson Hole, Wyoming. Walsh emphasized the need for inflation to move toward the Fed's 2% target at a "clear and sufficiently fast pace," signaling potential further tightening if progress stalls. He noted the Fed's preferred PCE inflation gauge stood at 3.7% year-over-year, with core inflation remaining elevated across both PCE and CPI metrics. Wa
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11:33

Ireland Excludes Cryptocurrency from Tax-Advantaged Savings Accounts on August 31

According to BlockBeats, Ireland announced on August 31 that cryptocurrency will be excluded from tax-advantaged savings accounts set to be opened to all adult residents nationwide, as revealed in a video statement by Deputy Prime Minister and Finance Minister Simon Harris. Eligible assets include stocks, bonds, funds, exchange-traded funds (ETFs), and insurance products. Derivatives and interest-bearing cash are also excluded. All Irish tax residents aged 18 and over can open such accounts, wit
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11:32

Microsoft Free Cash Flow Falls to $66.99B as FY2026 Capex Surge 80% Outpaces Cash Generation

According to Microsoft's Q4 FY2026 earnings report released on July 29, operating cash flow rose 34.4% to $182.94 billion in fiscal 2026, marking the largest increase in the company's history. However, capital expenditure surged 79.6% to $115.95 billion, outpacing the cash-flow growth and causing free cash flow to decline 6.5% to $66.99 billion from $71.61 billion in the prior year. Commercial remaining performance obligation (contracted revenue not yet recognized) grew 84% to $678 billion, exce
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11:30

Polymarket CLOB Read Delay Issue Resolved on August 31, All Systems Operational

According to Odaily, Polymarket's CLOB trading system marked a read delay issue affecting open order retrieval as resolved on August 31 at 18:47 UTC+8. The platform had previously paused trading multiple times and switched to cancellation-only mode during the outage. All services—CLOB, Web interface, account access, market data, on-chain settlement, and perpetuals—are now showing as Operational, with full system functionality restored.
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11:23

China's State Council Holds Meeting on Foreign Investment Policy Reform on August 31

According to Jin10, China's State Council held a regular meeting on August 31 to study measures for promoting high-quality foreign investment. The council emphasized that standardizing foreign investment is key to building a unified national market. It outlined plans to clarify specific government behaviors regarding encouraging and restricting foreign investment practices, while shifting focus toward improving business environment, cultivating industrial ecosystems, and enhancing government ser
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11:22

Trump Coin Brand Denies GOLD Launch as Connected Wallets Cash Out $1M

According to blockchain tracker Lookonchain and on-chain researcher EmberCN, the licensed Trump merchandise brand Real Trump Coins has denied authorizing or promoting the Trump Digital GOLD token on Solana, after connected wallets controlling 82.45% of the token's supply sold their holdings and the asset collapsed by approximately 99%. EmberCN reported that the concentrated wallet cluster sold roughly 824.54 million GOLD tokens for about 9,784.6 SOL, worth approximately $1.01 million. GOLD had b
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TRUMP-5.58%
SOL-1.24%
11:22

NAKA Surges 10.22% to $0.0449 in Last Hour

NAKA surged 10.22% in the last hour to reach $0.0449, marking its strongest move in weeks. The price jump reflects active trading participation, with 24-hour volume at $540,037 and a market cap of $4,368,926.
11:21

UAE Condemns Iran Drone Attack, Intercepts Aircraft Over Territorial Waters on August 31

According to Jin10, the United Arab Emirates' foreign ministry on August 31 strongly condemned an Iranian drone attack on the country. The unmanned aircraft was intercepted by the UAE's air defense systems over its territorial waters. The UAE stated the attack represents a dangerous escalation and a direct violation of its sovereignty and security, threatening citizens and residents.
11:21

MSX Opens Pre-IPO Phase 3 Subscription for Neuralink and Anduril Today

According to MSX official announcement, the platform opened subscription for its Pre-IPO third phase projects Neuralink and Anduril today at 18:00 UTC+8, with the application window closing on Sept 6 at 00:00 UTC+8. Neuralink, Elon Musk's brain-computer interface company, and Anduril, an AI defense technology firm, are now available for subscription. Allocation amounts will be determined based on users' effective $MSX holdings, according to platform guidelines.