Gate Crypto Flash News and Market Updates

According to Nikkei Asia on Friday, Apple is producing only a few hundred foldable iPhones daily in late August, primarily due to the company's stringent quality control standards. The company added an extra trial run in August ahead of full production, as it focuses on surface flatness and hinge performance. Despite these constraints, Apple is working to ramp up output and has targeted production of 8 million to 10 million foldable iPhones this year. Achieving this goal would require tens of th

According to Seoul Economic, Sono International postponed its planned initial public offering on September 4 following a tax authority investigation into chairman Seo Jun-hyuk and other company leadership. The Korea Exchange delayed the listing committee review to early October, citing the need to verify matters related to the tax inquiry. The company had aimed to raise 700 billion Korean won through the IPO, targeting year-end listing. The delay threatens Sono International's ability to financi

According to Yevheniia Yashchina, spokesperson for the Zaporizhzhia Nuclear Power Station, the facility has been operating on diesel generators for 16 consecutive days on September 4 after losing external power supply. The facility's power loss marks the second-longest outage since a month-long disconnection in fall 2025.

According to Bank of England data released as of August, market expectations for self-defined price inflation over the next year fell to 3.8% in the three-month period, down 0.1 percentage point from the previous reading.

According to BlockBeats, Binance Alpha will remove 14 tokens today, including MTP, BDXN, TALE, BOS, MAIGA, TIMI, SAROS, U (Union), SERAPH, RVV, AIAV, PENGUIN, ODOS, and SN3, based on an official announcement. After removal, Binance Alpha will continue to support withdrawals and selling of these tokens.

According to BlockBeats and TradingBeats, crypto whale Garrett Jin short 32,759.57 ZEC today with an average entry price of $444. The position, worth approximately $31.71 million, now carries a floating loss of $17.165 million as ZEC surged 16.6% to $967.97, a gain of 118% from the entry price. His concurrent long BTC position with floating gains of approximately $4.996 million only partially offsets the losses.

China's onshore yuan closed at 6.7108 against the U.S. dollar on September 4 at 4:30 PM, up 73 basis points from the previous trading day.

According to Jin10 data, on September 4, Norway's sovereign wealth fund plans to reduce U.S. Treasury holdings by approximately $80 billion, signaling potential bond market repricing. Meanwhile, Federal Reserve official Waller indicated that September rate decisions will heavily depend on August CPI data, suggesting a more cautious policy stance. Japan's central bank is also expected to raise rates by 25 basis points this month with flexible future adjustments. In China, local government bond is

According to Bank of England data released in August, UK enterprises plan to increase prices by 3.8%.

According to the Bank of England, the expected wage growth rate for the next 12 months remained unchanged at 3.4% over the three-month period through August 2026.

According to Treasury Department announcements and Secretary Scott Bessent, Robinhood was designated in April as the official brokerage and initial trustee for Trump Accounts, a new government tax-advantaged savings program for U.S. children. The program began funding accounts in July 2026, with enrollment exceeding expectations and reaching approximately 3 million children by February. Eligible children born between January 1, 2025 and December 31, 2028 receive a one-time $1,000 Treasury contri

On September 1, the U.S. Securities and Exchange Commission proposes to overhaul transfer-agent regulations for the first time in decades, raising a key question: whether blockchain wallet addresses could replace or supplement the traditional requirement to collect physical mailing addresses for registered shareholders. Under the proposal, registered transfer agents could use a blockchain or distributed ledger as the official master securityholder file. The SEC specifically proposes requiring su

The UK construction sector's PMI declined to 44.3 in August, falling short of the forecasted 44.6 and dropping from July's 44.7, according to official data. The index remained in contraction territory, signaling continued weakness in the construction industry.

According to Naver's official statement on September 4, Brookfield has committed to investing up to $9 billion in the first phase of a joint AI data center project with Naver and Nvidia. The 200-megawatt facility is the initial stage of a planned 1-gigawatt complex. Brookfield's chairman Bruce Flatt pledged to serve as a strategic partner beyond capital provision, supporting equipment procurement and customer acquisition alongside Naver's AI infrastructure expertise.

According to OKX, ZEC broke through $980 for the first time today, with a 24-hour gain of 17.58%, reaching a new all-time high.

According to predict.fun monitoring, DK has a 59% probability of defeating KT in today's LCK playoffs loser's bracket match, which kicked off at 4 p.m. The BO5 elimination match will determine the final World Championship ticket for LCK, with the winner advancing and the loser eliminated from the season. DK and KT previously met five days ago in the playoff opener, when KT swept 3-0. KT later fell to GENG in the winner's bracket and dropped to the loser's bracket, while DK yesterday mounted a co

Taiwan's foreign exchange reserves reached $601.904 billion in August, up from $594.27 billion in the previous period, marking an increase of $7.634 billion.

According to Panama Canal Authority, due to El Niño-induced rainfall reduction affecting reservoir levels, the canal reduced daily transit slots from 36 to 34 starting September 3. From September 15, daily slots will further decrease to 32. The new allocation includes 9 slots for Neo-Panamax vessels and 25 for Panamax vessels. Maximum vessel draft depth was lowered from 15.24 meters to 14.63 meters.