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
17:41

Bernie Sanders Vows Legislation Targeting Flock Safety's 120,000 AI Cameras Scanning 20B Vehicles Monthly

Sen. Bernie Sanders pledged on X on August 26 to introduce legislation targeting Flock Safety's AI surveillance cameras, warning that unchecked tracking technology risks steering the U.S. toward totalitarianism. Flock has installed more than 120,000 AI-powered cameras across 6,000-plus communities, scanning and recording 20 billion vehicles monthly. Sanders noted that newer Flock models can combine images with databases of phone numbers, relatives and court records to identify individuals and tr
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17:41

Meta Agrees to Pay $16.7 Billion Settlement with State Attorneys General This Week

According to CNBC, Meta agreed this week to pay approximately $16.7 billion in a landmark settlement with a coalition of state attorneys general over allegations that Facebook and Instagram misrepresented the extent of child mental health damage caused by their platforms. The settlement includes daily usage limits, nighttime blocks for teenage users, enhanced age assurance measures to prevent children's access, and creation of parental control tools. An independent auditor will monitor Meta's co
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17:34

Meta Agrees to Pay $17 Billion in Landmark Settlement with State AGs This Week

According to CNBC, Meta agreed this week (Aug. 26, 2026) to pay nearly $17 billion in a landmark settlement with a coalition of state attorneys general that had sued the company for misrepresenting child mental health damage caused by Facebook and Instagram. The settlement requires Meta to implement daily usage limits and "nighttime blocks" for teenagers, enhance age assurance measures to prevent children from using the apps, and create additional tools for parents and guardians. An independent
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17:20

Russia's Sber Plans to Accept USDT and Ether as Loan Collateral Ahead of Sept. 1 Crypto Market Rollout

According to Sber Deputy Chairman Anatoly Popov, reported by TASS on Friday, Russia's largest bank plans to expand its crypto-backed lending to accept Tether's USDT stablecoin and Ether as collateral alongside Bitcoin. The expansion will proceed as Russia's regulated crypto market takes effect on Sept. 1 under a law signed by President Vladimir Putin on Aug. 4. Sber will add the assets after the Bank of Russia permits them for public trading on regulated exchanges, Popov said. The central bank h
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BTC1.21%
17:15

Mass Shootings in Chicago and Trenton Kill 3, Injure 18 on August 30

According to Jin10, Chicago and New Jersey's Trenton experienced back-to-back mass shootings on August 30, leaving 3 dead and 18 injured. A shooting at a Chicago park late on August 29 killed a 35-year-old man and wounded 9 others; police said multiple shooters may be involved. Hours later, a shooting in a Trenton residential area killed 2 and injured 9. No arrests have been announced, and investigations into both incidents are ongoing.
17:07

Bitcoin Hits $78,960 on Sunday, Up 1.5% as Bulls Challenge $79K Resistance

According to Bitcoin.com News data, Bitcoin hit $78,960 on Sunday (Aug 30), up 1.5% as buyers challenged the $79,000 resistance level. At 10:10 a.m. Eastern time, BTC was trading at $78,650. Over the past 24 hours, Coinglass logged $75.71M in crypto liquidations across all positions, with Bitcoin accounting for $21.84M. Bitcoin's futures open interest stood at $54.83B. Traders are eyeing $81,000 as the next target heading into September.
BTC1.21%
17:02

Michael Saylor Posts Cryptic 'We're Back' Message, Strategy Holds 840,447 BTC and $1.59B Cash on Aug. 30

According to Bitcoin.com News, on Aug. 30, Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), posted a cryptic message on X hinting the company may resume bitcoin purchases. The post simply read "We're ₿ack," accompanied by a chart showing Strategy's holdings at 840,447 BTC valued at $65.72 billion. The message came after the company paused bitcoin transactions for two consecutive weeks. Strategy holds $1.59 billion in USD Cash that may finance future acquisitions.
BTC1.21%
16:57

ECB's Schnabel Calls for Central Bank Money Onchain; Project Pontes Launching September 2026

According to a Bloomberg report on August 28, European Central Bank official Isabel Schnabel stated that central bank money must be brought onchain to provide liquidity during financial stress—a capacity she says stablecoins lack. The ECB plans to launch Project Pontes in September 2026 to synchronize its TARGET Services payment infrastructure with distributed ledger technology (DLT) platforms. Over time, Pontes is designed to support settlement and smart-contract functionality on a Eurosystem-o
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16:52

HIVE and Northern Data Face VAT Denials; HIVE Recognizes $84.7M Tax Provision in August 2026

According to The Energy Mag, HIVE Digital (NASDAQ: HIVE) and Northern Data AG face VAT decisions from Sweden's Tax Agency in September 2025, which classified certain cryptocurrency mining activities as outside the VAT system and denied input-VAT recovery. HIVE recognized an 822 million-kronor ($84.7 million) provision for disputed periods through June 2026, while Northern Data faces proposed VAT denials totaling approximately €48 million across three subsidiaries, alongside a criminal investigat
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16:52

BIS Chief Says Stablecoins Lack Credible Money Properties as Global Supply Hits $308B

According to Reuters, on August 28, BIS Chief Pablo Hernández de Cos said at Jackson Hole that stablecoins "do not yet uphold the foundational properties of money," citing four key failures: par redeemability, elasticity, interoperability, and financial integrity. De Cos noted that issuers cannot guarantee one-to-one cash redemption, supply does not expand with economic activity, cross-blockchain transfers remain limited, and self-custodied wallets complicate anti-money-laundering enforcement. G
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16:43

Pump.fun Mobile App Surges to $50M Daily Volume, Up From $250K at Launch

Pump.fun's mobile app crossed $50 million in daily trading volume today, up from $250,000 when it first launched. Daily transactions have scaled to 905,000 from 2,500 over the same period. The Solana-based memecoin launchpad has generated $214 billion in lifetime trading volume, accumulated $1.3 billion in total fees, and attracted approximately 80 million unique wallets.
PUMP0.70%
SOL1.13%
MEME0.88%
16:43

DTCC, BitGo Successfully Tokenize US Treasuries and Equities in July Pilot; Full Launch Planned for October 2026

The Depository Trust Company, DTCC's subsidiary, successfully tokenized eligible US Treasuries and equities on July 15, with BitGo Bank & Trust serving as the OCC-regulated custodian for settlement and onchain asset movement. Over 30 financial firms, including BlackRock, Goldman Sachs, and J.P. Morgan, participated in the pilot program testing the Tokenization Service's interoperability and operational capabilities. BitGo is the only qualified custodian integrated with the DTCC Tokenization Serv
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16:43

Chainlink Records 9 Integrations Across 5 Services and 5 Chains

On August 30, Chainlink recorded 9 new integrations spanning 5 of its core services across 5 blockchain networks. The batch included participation from 8 platforms, among which Coinbase and Robinhood Crypto were the most notable participants. The integrations encompass Chainlink's Data Feeds and Cross-Chain Interoperability Protocol (CCIP) services.
LINK2.12%
16:43

Vietnam Launches Regulated Crypto Market Pilot, Five Exchanges to Begin Operations in Q3 2026

Vietnam's government, as outlined in Government Resolution No. 05/2025 signed in September 2025, launched a five-year pilot program for tokenized assets with operations set to begin in Q3 2026 for five licensed exchanges. The framework requires all tokenized assets to be backed by real-world assets and issued by Vietnamese entities, with all settlements conducted in Vietnamese Dong. Foreign investors gain first access, while domestic investors enter six months after the first license is official
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16:42

Apple Names 25-Year Veteran John Ternus as Next CEO, Starting September 1

Apple named John Ternus as its next CEO on April 20, with the 25-year company veteran set to officially take charge on September 1. He succeeds Tim Cook, who will transition to executive chairman. Cook's 15-year tenure added roughly $3.6 trillion to Apple's market value. Ternus, who joined Apple in 2001 and was promoted to senior vice president in 2021 overseeing iPhone, iPad, and Mac product lines, has already begun restructuring the design team ahead of his official start.
16:42

Prediction Markets Hit 11% Odds for Iran Reconstruction Funding Amid US-Iran Conflict Economic Resilience

According to Fortune, six months into the ongoing US-Iran conflict, global markets have shown resilience with no significant economic disruption reported. Prediction markets are pricing the inclusion of Iran Reconstruction Funding in a potential US-Iran deal at approximately 11% YES, reflecting slight optimism regarding diplomatic negotiations. Key potential negotiators include U.S. President Donald Trump and Iranian Foreign Minister Javad Zarif, with Qatar and Pakistan involved in mediation eff
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