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
22:37

Meta Releases Muse Spark 1.3 Model with Enhanced Coding and AI Agent Capabilities

According to Guru Club, Meta released the Muse Spark 1.3 model on September 3, marking significant performance improvements in coding and agentic tasks. The model is described as competitive with frontier models and is designed to support future personal AI agent products that can work on behalf of users around the clock. Meta maintained the same pricing as the previous version, with AI lead Alexandr Wang calling the strategy "aggressive." The Muse Spark 1.3 will be available on Muse Code and Me
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22:31

U.S. Mint Launches Trump Dollar Coins, First Sitting President on Circulating Currency

According to multiple media outlets, the U.S. Mint on Wednesday, September 2 released one-dollar coins featuring President Trump's portrait, making him the first sitting U.S. president to appear on everyday circulating currency. The coins, minted to commemorate America's 250th anniversary, are expected to total approximately 9 million pieces. Collectors can purchase rolls of 25 coins for $61 or bags of 100 coins for $154.50, though the coins remain legal tender with a face value of one dollar.
22:31

Spot Gold Traces V-Shaped Recovery to Approach $4,400 on September 3

According to Guru Club, on September 3, spot gold traced a V-shaped recovery, falling to a low of $4,282.63 (the lowest since August 7) before rallying 1.38% to approach $4,400 during the U.S. session. The U.S. Dollar Index declined 0.11% to 99.51, recording its largest single-day drop since August 21. Spot silver rose 1.92% to $65.14.
22:29

U.S. Judge Blocks Trump Executive Order Limiting Birthright Citizenship on September 2

According to Jin10 Data, on September 2, a U.S. federal judge in Maryland issued a preliminary injunction blocking the Trump administration from enforcing an executive order that restricts birthright citizenship eligibility. The order, signed by President Trump in January 2025, stipulated that newborns whose parents are neither U.S. citizens nor lawful permanent residents cannot automatically obtain U.S. citizenship. The injunction follows the U.S. Supreme Court's June 30 ruling that overturned
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22:25

Korean Won Hits 13-Month Low at 1,368.7 vs Dollar; Investors Shift to U.S. Money Market ETFs

According to Dailian, the Korean won fell to 1,368.7 against the U.S. dollar on September 2, marking its lowest level in approximately 13 months. The currency had surged to 1,559 won on July 1, reaching a 17-year high, before declining sharply over two months. Facing persistent volatility, Korean investors are increasingly turning to U.S. money market ETFs—such as Samsung Asset Management's KODEX U.S. Money Market Active—as an alternative to traditional foreign currency deposits. These ETFs offe
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22:25

U.S. Treasury Chief Bessent Blames Ukraine's Drone Strikes on Russian Energy Assets for Global Oil Price Surge

According to Treasury Secretary Janet Bessent on Wednesday, Ukraine's drone strikes on Russian energy facilities and petroleum refineries are a primary driver of global energy price increases contributing to elevated U.S. living costs. Speaking on Fox News, Bessent stated the U.S. is experiencing an energy shock stemming from the Ukraine conflict, as Ukrainian strikes on Russian energy assets are putting upward pressure on global prices, alongside impacts from the Iran conflict. The strikes have
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22:22

Full Sail Shuts Down After Switchboard Oracle Compromise Results in $91,000 Loss

According to Full Sail, the Sui-based DeFi protocol announced its shutdown on Tuesday (September 1) following a security incident linked to oracle provider Switchboard. An attacker exploited a suspected compromise of Switchboard's Move-based infrastructure to withdraw approximately $91,000 from three of Full Sail's automated vaults. Full Sail has disabled new deposits and liquidity provider reward claims, with regular pools expected to move to withdrawal-only mode after security verification. Th
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SUI2.44%
MOVE0.07%
APT6.65%
22:22

EMXETF Launches China AI Tigers LLM ETF Targeting Emerging AI Model Developers

According to EMXETF founder Kevin Carter, the asset manager recently launched China AI Tigers LLM ETF (TGRZ-US), a specialized fund targeting China's leading artificial intelligence model developers rather than the broader Chinese tech sector. The launch follows Chinese AI model companies' recent entry into public markets. Z.ai and MiniMax both listed in January 2026, bringing previously private-market AI model investments into public trading for the first time at scale. Carter noted that Moonsh
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22:22

Solana Integrates Fasanara Capital's Private Credit Strategy via Midas RWA

According to Solana, Fasanara Capital has integrated its private credit strategy into the Solana blockchain via Midas RWA, enabling users to access private credit through the Kamino and SteakhouseFi platforms. The integration aims to enhance liquidity options within Solana's DeFi ecosystem and provide innovative financing solutions for digital asset holders.
SOL-0.19%
KMNO2.53%
22:22

Venezuela and U.S. Sign Oil Cooperation Agreement; U.S. Gains Majority Control of 65 Billion Barrels

On September 2, Venezuela's interim president Rodríguez and U.S. Energy Secretary Wright signed multiple cooperation agreements, including a major oil project accord. According to Trump's announcement, the U.S. obtained majority control over more than 65 billion barrels of Venezuela's proven oil reserves. Rodríguez stated the 25-year partnership aims to increase crude production to 1.5 million barrels per day while maintaining Venezuela's sovereignty over its natural resources.
22:19

Trump Administration Targets Semiconductor Tariffs, Demands U.S. Production from Samsung and SK Hynix

The Trump administration is reviewing targeted semiconductor tariffs to incentivize domestic chip manufacturing, according to Commerce Secretary Gina Raimondo. Companies producing semiconductors in the U.S. would be exempt from tariffs, while those manufacturing outside America would face additional costs to access the U.S. market. Raimondo indicated Taiwan's government plans to announce $20–30 billion in additional U.S. investment next week. She specifically called on Samsung and SK Hynix to es
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22:17

Pentagon Spokesman Sean Parnell Emerges as Leading Candidate for Army Secretary Role

According to Semafor, Sean Parnell, the U.S. Defense Department's chief spokesperson, emerged this week as a leading candidate to replace Army Secretary Dan Driscoll, who resigned. Multiple Trump administration officials confirmed Parnell has not yet received final appointment, though he has internal support. Parnell maintains close ties with Defense Secretary Pete Hegseth and has served as chief spokesperson since Trump's second term began. Republican Representative Brian Mast of Florida is als
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22:14

Korean Visitors to Japan Hit Record 894,000 in July as Yen Falls to 3-Year Low

According to Japan National Tourism Organization (JNTO) data, 894,700 Korean visitors traveled to Japan in July 2026, marking a record monthly high and 31.9% increase year-over-year. The surge follows a sharp yen weakening, with the won-yen exchange rate falling to 854 per 100 yen on September 2, the lowest since November 2023. The currency decline has made Japan travel significantly more affordable. Converting 100,000 yen now costs approximately 850,000 won, down from 970,000 won in early June—
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22:14

U.S. Treasury ETFs Hit 52-Week Lows as 10-Year Yields Surge to 4.812%

According to the Korea Exchange, on September 3, multiple U.S. Treasury bond ETFs recorded 52-week lows, including ACE U.S. 10-Year Treasury Active and KODEX U.S. 10-Year Treasury Futures. The 10-year Treasury yield climbed to 4.812% on September 1 (local time), reaching its highest level since January 2025, while the 30-year yield approached a 20-year peak. Bond prices decline when interest rates rise, as existing fixed-rate securities become less attractive. U.S. crude oil (WTI) rose 5.2% to $
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22:13

Nvidia Q2 Receivables Spike 54.9% While FCF Margin Halves, KB Securities Questions 'Circular Finance' Model

According to KB Securities on September 3, Nvidia's second-quarter accounts receivable surged 54.9% while revenue grew 17.9%, raising concerns about the company's "circular finance" structure—whereby Nvidia finances AI infrastructure for customers who then purchase its chips. The Days Sales Outstanding (DSO) extended from 46 to 60 days, and free cash flow (FCF) margin compressed from 59.5% to 22.2%. KB Securities attributed the shift to extended payment terms on multi-quarter contracts with Open
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