Gate Crypto Flash News and Market Updates

According to CNBC, Meta agreed this week to pay approximately $16.9 billion in a landmark settlement with a coalition of state attorneys general over allegations that the company misrepresented the extent of mental health damage caused by Facebook and Instagram to children. The settlement includes daily usage limits and "nighttime blocks" for teenage users, enhanced age verification measures to prevent children from accessing the apps, and new parental control tools. An independent auditor will

According to ChainCatcher, Michael Saylor, founder and executive chairman of MicroStrategy, published a Bitcoin Tracker update on Aug. 29, stating 'We're ₿ack.' Based on historical patterns, MicroStrategy typically discloses changes to its Bitcoin holdings within one business day of such announcements, with fresh position data expected as early as next week.

According to Matthew Whitaker, the U.S. permanent representative to NATO, Europe ranks fourth in America's global security priorities, following the U.S. homeland, the Western Hemisphere, and the Pacific region including the so-called "First Island Chain," as stated on August 27 during an interview with a U.S. news outlet reported by CCTV News. Whitaker noted that the Trump administration is pressing NATO members to significantly increase defense spending and assume greater responsibility for co

According to CNBC, major U.S. retailers received significant tariff refunds in Q2 2026 following a February Supreme Court ruling that determined President Donald Trump lacked authority to impose the tariffs under the International Emergency Economic Powers Act. Walmart was eligible to receive approximately $2.9 billion, Home Depot received $730 million, and TJX Cos. received $331 million. Retailers diverged sharply in how they deployed these funds. Walmart, Home Depot, and TJX applied most refun

According to CCTV Finance, Shengyuan Technologies will launch online IPO subscription on September 2 on Shanghai Stock Exchange's STAR Market, with stock code 688801. The company plans to issue approximately 43.04 million shares and raise 6 billion yuan to fund the development of fifth and sixth-generation AI chips and artificial intelligence software-hardware collaboration projects.

According to Iranian media MEHR, Iran is allowing ships to pass through the Hormuz Strait on the Iranian side on a limited basis.

According to The Information and CNBC, the Trump administration is developing new rules on August 30 to restrict Chinese AI companies from remotely accessing advanced U.S. AI chips through overseas data centers. White House officials publicly named Moonshot AI for utilizing GB300 chips at a Thailand data facility. Multiple Chinese firms including ByteDance, Alibaba, and Tencent are reported using cloud services in Southeast Asia and Singapore to access Nvidia chips, circumventing existing export

According to Reuters, SpaceX's Falcon Heavy successfully launched NASA's $4 billion Nancy Grace Roman Space Telescope on Sunday (Aug. 30) at 7:26 a.m. EDT from Kennedy Space Center. The mission puts the observatory on course toward the second Sun-Earth Lagrange point (L2), approximately one million miles from Earth. Falcon Heavy's three first-stage cores combine 27 Merlin engines capable of producing roughly 5 million pounds of thrust. Roman is expected to spend about three months traveling and

According to CFO David Zinsner at Deutsche Bank's Technology Conference, Intel's 14A manufacturing process is reducing defects faster than planned in Q2 2026. Zinsner said 14A defect density is tracking better than Intel's internal target curve, marking the best improvement rate the company has seen since its highly successful 22-nanometer process. Intel's Foundry division remains deeply unprofitable despite technical progress. The unit generated $5.765 billion in Q2 revenue, up 31% year over ye

According to PANews citing Token Unlocks data, multiple tokens will see significant unlocks next week: Hyperliquid (HYPE) will unlock approximately 433,000 tokens worth around $36.1 million on September 6 at 8 AM Beijing time; Sui (SUI) will unlock about 13.53 million tokens valued at roughly $10 million on September 1 at 8 AM; and EigenCloud (EIGEN) will unlock approximately 36.82 million tokens worth approximately $7.2 million on September 1 at 12 PM Beijing time.

According to Jin10, Enflame Technology is scheduled to list on Shanghai Stock Exchange's STAR Market on September 2, seeking to raise 6 billion yuan through an IPO of 43.035 million shares, representing 10% of post-IPO total capital. The funds will primarily support research and development of fifth and sixth-generation AI chips and advanced AI software-hardware collaborative innovation projects. With Enflame's listing, China's four leading domestic GPU makers—Moore Threads, Moxin Technology, Bi

According to recent reports, Russia's largest bank, Sberbank, will accept Bitcoin, Ethereum, and USDT as collateral for loans. This marks a notable shift toward cryptocurrency integration in traditional banking, as major financial institutions increasingly recognize digital assets in lending operations.

According to GMGN, Robinhood chain's MOO token market cap surged to $5.4 million today, up 931% in 24 hours. MOO is a stock-themed meme token on the Robinhood chain, paired with Micron Technology (MU) tokenized stock.

According to Bitcoin.com News, ECB Executive Board member Isabel Schnabel stated at the Jackson Hole economic policy symposium on August 30 that the ECB must place central bank reserves on-chain, as they remain superior to stablecoins as final settlement assets. Schnabel noted that tokenization enables faster, safer, and programmable financial transactions, provided central bank money and other tokenized assets operate on the same infrastructure. The ECB's Pontes project is set to launch in Sept

According to CCTV Finance, Sunwoda Technologies will launch online IPO subscription on the Shanghai Stock Exchange's STAR Board on September 2, with stock code 688801 and subscription code 787801. The company plans to issue approximately 43.04 million shares, representing 10% of post-IPO total capitalization, and raise 6 billion yuan for fifth and sixth-generation AI chip development and AI software-hardware collaboration projects. Sunwoda is one of the "Four Dragons of Domestic GPU" alongside M

On Sunday, August 30, Qatar's main stock exchange index closed down 0.13% at 9,863.10 points, ending a five-day winning streak. Kuwait's super market price return index gained 0.04%, closing at 9,306.53 points.

The Russian government extended its ban on diesel exports on Saturday through September 30 to secure domestic fuel supply amid intensified Ukrainian strikes on Russian refineries. The government stated the decision aims to support stability in the domestic fuel market.

According to GMGN data cited by BlockBeats, on August 30, the Meme token Microduck's market cap surged past $26 million, reaching a new all-time high, with a 24-hour gain of 18.7%. The token recorded $12.6 million in 24-hour trading volume.

According to a PRNewswire statement, Bullish announced this week that it extended a $100 million debt facility to USD.AI for GPU-backed artificial intelligence loans. The funds will support loans to AI infrastructure businesses using their graphics processing units (GPUs) as collateral, tapping into what Bullish calls a capital-intensive sector larger than legacy debt markets such as auto loans and home equity lines of credit. Bullish's shares have gained 44% over the past month. Thomas Cowan, H

On Aug. 29-30, crypto markets ended the week virtually flat at $2.73 trillion as altcoin performance diverged sharply. Solana (SOL) spearheaded gains following Charles Schwab's announcement to add SOL, AVAX, and LINK to its accounts, while Dogecoin (DOGE) fell 7.2%. Other losers included XRP, which dropped nearly 7%, and ADA, XLM, and BCH, each declining more than 10%. Despite mixed performance, the combined altcoin market capitalization rose 4% from $1.13 trillion to $1.18 trillion over the wee