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
01:39

China's Deputy Finance Minister Liao Min Attends G20 Meeting in U.S. on August 31-September 1

According to Jin10, Deputy Finance Minister Liao Min led a delegation to the G20 finance ministers and central bank governors meeting held in Asheville, North Carolina on August 31-September 1. Liao stated that the global economy faces multiple challenges and that G20 members should strengthen macroeconomic policy coordination and promote robust global growth while upholding free trade and inclusive economic globalization. He also emphasized the need to address artificial intelligence's impact o
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01:37

AfterQuery Raises Funding at $3.2B Valuation, 10x Growth in Five Months Since Series A

According to TechCrunch, AI training data startup AfterQuery completed a new funding round at a $3.2 billion valuation on September 2, achieving a tenfold increase from its $300 million valuation in April. Y Combinator partner Gustaf Alströmer stated this is the fastest YC-backed company to reach unicorn status in the accelerator's history. AfterQuery's founders, both under 24, joined YC's Winter 2025 batch 18 months ago. The company announced $100 million annualized revenue in April, with clien
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01:37

Bitcoin Decouples from Nasdaq 100, Bitcoin-Gold Correlation Breaks 50%

According to Unfolded data, Bitcoin's correlation with gold has surged above 50% while its correlation with the Nasdaq 100 index has fallen to 33% from approximately 60%. The shift reflects institutional portfolio repositioning, with investors moving Bitcoin from a high-beta tech asset category into an inflation-hedging and macro uncertainty hedge alongside traditional safe havens.
BTC-1.60%
01:37

Anthropic Drops 30-Day Data Retention Rule for Claude Fable 5 and Mythos 5 on September 1

According to CNBC, Anthropic on September 1 dropped the 30-day data retention rule for enterprise customers using Claude Fable 5 and Mythos 5, replacing it with Enterprise Frontier Safeguards. The new controls allow enterprises to manage data review, storage, and handling while enabling automated safety monitoring without Anthropic's human review. The feature will be offered at no charge and roll out in phases with broader availability planned for fall.
01:33

Crypto Markets See $315M in Liquidations in 24 Hours, 82,945 Traders Liquidated

According to Coinglass data, crypto markets saw $315 million in liquidations over the past 24 hours on September 1-2, with long positions accounting for $251 million and short positions $64.81 million. The largest single liquidation occurred on Binance ETHUSDT pair, valued at $11.99 million. A total of 82,945 traders were liquidated during the period.
01:31

Ripple and SettleMint Combine Custody and RWA Tokenization for Asia-Pacific Institutions

According to SettleMint, Ripple and blockchain company SettleMint announced a strategic partnership on September 1 to provide regulated financial institutions in Asia-Pacific with integrated digital asset custody and real-world asset (RWA) tokenization services. The collaboration combines Ripple's Ripple Custody platform—enabling banks, fintech companies, and enterprises to custody digital assets, stablecoins, and RWA—with SettleMint's Digital Asset Lifecycle Platform (DALP), which supports RWA
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01:30

U.S. Stock Indices Fall Overnight; AI Stocks Plunge with Cadence Down 7.6%

According to MSX.COM data, U.S. stock indices closed lower yesterday (Sept 1), with the Nasdaq Composite falling 1.03%, the S&P 500 declining 0.71%, and the Dow Jones Industrial Average dropping 0.79%. The VIX fear index rose 9.52%. AI-related stocks fell broadly, with Cadence declining 7.6%, CrowdStrike dropping 6.9%, Dell falling 6.8%, Astera Labs down 5.75%, and Synopsys declining 5.63%.
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01:29

Long.xyz Breaks $425M in Tokenized Stock Trading Volume in 24 Hours on Robinhood Chain

According to BlockBeats, Long.xyz's tokenized stock trading volume on Robinhood Chain surged to $425 million over the past 24 hours as of September 2. The platform's stock TVL currently stands near $12 million, representing approximately 20% of all on-chain stock TVL. Long.xyz enables users to issue tokens and pair them directly with tokenized stocks such as NVDA, AAPL, and TSLA.
01:28

Quantum-Resistant Layer 1 DAC Raises $1M from Unicorn Crypto Ventures

According to PANews, quantum-resistant EVM Layer 1 blockchain DAC announced today (September 2) that it has raised $1 million in investment from Unicorn Crypto Ventures. DAC is building an EVM-compatible blockchain infrastructure designed to resist quantum computing attacks.
01:27

Hong Kong Gold Stocks Open Lower on Sept 2, Leading Names Down Over 4%

Hong Kong gold stocks opened lower on September 2, with Shandong Gold (01787.HK), Lingbao Gold (03330.HK), and Zijin Gold International (02259.HK) each declining over 4%. Other gold miners including Tongguan Gold (00340.HK), Zhaojin Mining Industry (01818.HK), Zijin Mining (02899.HK), and Chifeng Gold (06693.HK) followed the decline.