Gate Crypto Flash News and Market Updates

According to on-chain data tracked by U.Today, on Sept. 6, Ripple moved 1.36 million RLUSD from the XRP Ledger to Ethereum in what appears to be a supply rebalance rather than new token creation. Current chain data shows Ethereum now holds approximately $1.38 billion of RLUSD compared to $1.03 billion on XRPL, giving Ethereum roughly 57.3% of total supply and a lead near $350 million.

According to PANews, on-chain analyst余烬 detected that whale Garrett Jin closed 1,331 BTC long positions worth $107 million on Sept 7, netting a $1.02 million profit over 3.5 months of holding. Jin still holds 39,760 ZEC short positions valued at $47 million, currently underwater by $24 million.

According to Changhao Storage, the company's self-developed LPDDR6 chip has achieved mass production and commercial use, with first adoption in Xiaomi 18 Fold foldable flagship phone. This marks the first commercial deployment of LPDDR6 globally on a flagship smartphone. The chip features 16Gb per die and 16GB per package, with maximum transmission rate of 12,800 Mbps. Compared to LPDDR5X at 10,667 Mbps, the new chip offers 60% increased bandwidth and 20% reduced power consumption.

According to Dealroom, decentralized perpetual futures exchange Antarctic Exchange completed a $7 million funding round on September 7, with a valuation of $70 million. Investors include Valisa Capital Markets, Lucidity Capital, and Republic Crypto. The Singapore-based platform targets retail derivatives traders with tools comparable to centralized exchanges. The founding team comprises former executives from OKX, Binance, and MEXC.

According to Bitcoin News, Chilean cryptocurrency exchange Orionx halted withdrawals and is gradually ceasing operations after a forensic audit discovered more than $7 million transferred to wallets beyond its control. The exchange filed criminal complaints against founders Joaquín Díaz and Roberto Zibert, alleging customer assets were used for external trading between 2018 and 2021. OvER 100,000 users face uncertainty regarding full asset reimbursement. Chile's Financial Market Commission noted

According to Bloomberg, Iran and Oman are in final stages of reaching an agreement on Strait of Hormuz navigation management, expected to be completed within days, Iran's Foreign Ministry spokesman Esmail Baghaei said on Monday (Sept 7). The two countries plan to establish a temporary secure shipping corridor and submit the arrangement to the International Maritime Organization for registration. Baghaei stated negotiations are "progressing very smoothly" and hopes to avoid third-party interferen

Dell Technologies closed Sept. 4 at $524.14, up roughly 316% in 2026 and now the S&P 500's third-best performing stock year-to-date, with only SanDisk and Moderna delivering stronger gains. The rally added approximately $255 billion to Dell's market capitalization, which climbed from $83.4 billion at the end of 2025 to $338.7 billion. Dell will join the S&P 100 index on Sept. 21, alongside Palo Alto Networks, Arista Networks, and SanDisk, replacing Honeywell Aerospace, Nike, Simon Property Group

According to ABC News and CNBC, U.S. Energy Secretary Chris Wright stated that the Trump administration may never achieve a deal to prevent Iran from acquiring nuclear weapons. Wright said the government might instead focus on destroying Iran's capability to develop weapons rather than pursuing a negotiated agreement, suggesting any accord could wait until a future Iranian government takes office.

Kazakhstan Deputy Prime Minister and Minister of AI and Digital Development Gaslan Madiyev met with Binance founder Changpeng Zhao on September 4 to discuss cooperation on digital economy development, emerging technologies, and digital infrastructure.

According to Korean media reports cited by Citrini analyst jukan, Samsung and Arm have begun jointly developing an edge AI chip, with OpenAI reportedly being the target customer.

Bitcoin slid from above $81,000 into a range spanning the high $78,000s to low $80,000s on September 6 after US employers added 162,000 jobs in August, far exceeding the roughly 65,000 economists had expected, while the unemployment rate held steady at 4.1%. The stronger-than-expected labor data weakened the case for near-term Federal Reserve rate cuts, prompting traders to reprice expectations ahead of the September 15-16 FOMC meeting. The market repricing reflects concerns that robust employme

According to President Volodymyr Zelensky's official statement on Telegram on Monday, Ukraine's long-range strike forces attacked oil refineries in Russia's Perm and Tatarstan regions on Sunday evening. Zelensky confirmed the operation but did not provide additional details. The strikes resumed after a weekend visit by a U.S. envoy to Moscow.

According to BlockBeats, Trade.XYZ launched its prediction markets trading page today (Sept. 7), covering 26 contracts across three sectors: finance, sports, and others. The platform previously deployed its HIP-4 DEX on Hyperliquid on Sept. 5 at 21:15 UTC+8. HIP-4 supports binary and multi-outcome prediction markets without leverage liquidations, distinct from Hyperliquid's HIP-3 perpetual contracts.

According to Solana, the community will gather in London this November to explore innovations in tokenization and capital markets. The event is expected to bring together key figures from the blockchain ecosystem to discuss the token supercycle and its transformative potential for digital assets.

TARA surged 22.72% in five minutes today (Sept 7), reaching $0.00004397, according to trading data. The token has climbed 54.53% over the last 24 hours with $82,949 in trading volume, reflecting strong bullish momentum in the market.

According to Avalanche, Hanwha Investment & Securities has completed development of a tokenized securities platform supporting Avalanche today. The platform, built with blockchain firm FairSquare Lab, supports multiple distributed ledgers including Hyperledger Besu, preparing the brokerage for South Korea's regulatory framework taking effect on Feb. 4, 2027. The development aligns with South Korea's planned amendments to the Electronic Securities Act and Capital Markets Act, which will recognize

According to Guru Club, citing data from Chile's central bank, the world's largest copper producer saw exports drop to 4.62 billion dollars in August, down 14% from July and 3.2% year-over-year—the lowest monthly figure since July 2025. The decline occurred despite copper prices averaging 40% higher than the same period last year. Winter storms, heavy rainfall, and strong winds disrupted mining operations in July and August, while rough seas intermittently halted port operations. As Chile accoun

According to CoinDesk, management consulting firm Bain & Company released a report indicating that traditional bank accounts face growing competition from stablecoins and digital wallets. The report predicts banks' revenue share in consumer financial services will decline from the current 80% to 69% by 2030, compared to 95% in the early 2000s. The shift reflects stablecoins' expanding role in payments and fund transfers, with some industry experts suggesting banks will increasingly issue tokeniz

According to Foresight News, Ledger Chief Technology Officer Charles Guillemet called for the hardware wallet industry to maintain responsible vulnerability disclosure processes today, warning against sensationalized announcements. He criticized actors who bypass proper channels by repackaging fixed vulnerabilities as active exploits, prematurely revealing unpatched vulnerability details, or publishing teaser disclosures to attract attention. Guillemet stated such behavior creates panic without

According to German inland waterway authorities (WSV), the Rhine River's key navigable point at Kaub, near Koblenz, dropped to approximately 34 centimeters on September 7, compared to 50 centimeters the previous week. The declining water level has forced cargo vessels to reduce loads again, with shipments split across multiple vessels. Although current levels remain significantly higher than the record low of below 10 centimeters recorded in mid-August, commodity traders noted the situation cont