Gate Crypto Flash News and Market Updates

According to CNBC on September 4, optical networking company Ciena saw shares fall 10% after reporting 2026 revenue guidance of $6.42 billion, below analyst expectations of $6.34 billion. Citigroup analyst Arif Malik maintained a buy rating, arguing the earnings miss reflects conservative guidance and that margin expansion will follow as supply increases. Malik cited Ciena's strong market position in optical transmission and anticipated improved pricing in telecommunications and cable markets. T

According to PANews, approximately 4,000 Bitcoin (worth ~$320 million) were stolen from Liquid Network's Federation wallet today (Sept 7), representing 95% of the sidechain's reported Bitcoin reserves. The network confirmed the funds were extracted via the SideSwap PAK (Peg-out Authorization Key); the company stated the key and others remained uncompromised but did not disclose the underlying vulnerability. Liquid Network has suspended sidechain operations and notified major exchanges to halt LB

According to Guru Club, on September 7, the Korean won rose to its highest level against the US dollar since October 7, 2024.

According to BlockBeats, on September 7, ZEC surged to $1,230, breaking through the $1,200 level for the first time, with a 24-hour gain of 19.5%. Bitcoin rebounded above $80,000, trading at $80,281.19, while Ethereum held at $2,515 with a 24-hour gain of 1.52%, according to HTX market data.

According to South Korea's Financial Supervisory Service (FSS) on September 7, insurers will be allowed starting 2027 to include interest-bearing assets from investment products (revenue securities) when calculating liquidity premiums. Previously, revenue securities were classified entirely as non-interest-bearing assets with liquidity premium set to zero. The policy change aims to reduce insurance liabilities and free up capital for productive financial investments. The adjustment is expected t

According to ChainCatcher, Solana-based Meme coin ZCAT hit a market cap of $170 million early today (September 7), reaching a new all-time high. The token was trading at $141 million at the time of reporting, with a 24-hour gain of over 220%, according to GMGN data. ZCAT is a privacy-themed Meme coin pegged to Zcash's narrative, featuring an anonymous cat character. Its core mechanism distributes trading revenue in ZEC tokens to ZCAT holders, creating a "hold Meme coin, earn ZEC" yield narrative

According to data from Japan's Finance Ministry released on September 7, Japan likely sold foreign securities including U.S. Treasuries in August to raise funds for record-level yen intervention. Foreign securities held by Tokyo fell by $87.8 billion at the end of August compared to the previous month. The Finance Ministry previously confirmed that authorities deployed approximately $96.4 billion—a record amount—for intervention over a one-month period through August 26, with some operations con

According to Economic Daily, TSMC's third-quarter 3-nanometer (3nm) chip production value exceeded 400 billion yuan for the first time, marking a new record. The strong demand from artificial intelligence and high-performance computing applications drove the company to expand 3nm production capacity. 3nm production is expected to surpass 5nm for the first time in the second half of 2026, and will account for over 30% of total revenue while boosting gross margin performance.

According to DB Securities analyst Seo Seung-yeon on September 7, the firm raised its target price for SK Hynix to 2.3 million won from 2 million won, citing strong pricing for HBM4 (sixth-generation high-bandwidth memory) chips. DB Securities expects HBM4 prices to rise approximately 70% year-over-year in 2027, supporting robust earnings improvement. The analyst noted that SK Hynix's 2027 operating profit is projected at 393 trillion won, up 52% from 2026 estimates, driven by sustained AI infra

According to Coinalyze data, altcoin open interest has surpassed Bitcoin for the first time in over a year, marking a significant shift in derivatives market positioning between the two asset classes.

According to Nikkei, 128 Japanese companies have been confirmed for delisting from the Tokyo Stock Exchange so far this year as of September 6, already exceeding the previous annual record of 125 delistings in 2025. An additional 29 companies listed as at-risk have been designated for possible delisting, potentially increasing the total further. Around 20% of the companies choosing delisting, or 28 firms, partnered with private equity funds to streamline shareholding structures and accelerate ma

According to Chosun Daily, SK Hynix began supplying 1c DRAM in the second quarter of 2026 and expects production to reach approximately 34% of total output by the fourth quarter, up from 13% in Q2. The South Korean chipmaker's 1c process is set to surpass its older 1b process by the first quarter of 2027. SK Hynix is using the 1c node for HBM4E high-bandwidth memory modules as the technology enters customer sampling phase. Samsung commenced HBM4E sample shipments on May 29, 2026, while SK Hynix

According to ChainCatcher, Nvidia CEO Jensen Huang said today that OpenAI's GPT-6 Astra was trained on over 100,000 Nvidia Grace Blackwell NVLink72 chips.

According to Bitget, on September 7, South Korea's KOSPI index broke through 6,900 points, rising 3.34% at market open. Samsung Electronics gained 4.5%, while SK Hynix surged 5.4%.

According to Korean Economy TV, stronger-than-expected U.S. employment data over the weekend lifted market expectations for a Fed rate hike in September to 60% from 49%, pressuring risk assets. Bitcoin tumbled to $79,000 before recovering to test $80,000, while gold dropped below $4,500 per troy ounce to trade at $4,477. U.S. Treasury yields surged across the curve, with the 2-year at 4.37%, 10-year at 4.78%, and 30-year at 5.24%, while the dollar index climbed back to 99. August's CPI data, due

According to Maeil Business Newspaper, SK Square's share price fell from a peak of 2.126 million won on June 22 to 1.038 million won as of September 4, marking a decline of more than 50% from its year-to-date highs. The stock had surged to around 2 million won earlier in 2026 from 396,500 won at the start of the year, but has since reversed sharply. NH Investment Securities lowered its target price for SK Square from 2.7 million won to 2.28 million won in late August, citing adjustments in SK Hy

According to Meritz Securities on September 7, Fine M-Tek reported Q2 revenue of 95.2 billion won, surging 118.5% year-over-year, with operating profit of 7.3 billion won and margin of 7.7%, exceeding Meritz's estimates by 1.5% on revenue and 45.2% on operating profit. The growth was driven by shipments of back plates for foldable smartphones from domestic customers starting in Q2, supported by laser etching technology that raised average selling prices and expanded market share. Yield improveme

According to Jin10 Futures, CBOT soft red winter wheat futures fell 6.4% for the week ending September 4, retreating from three-and-a-half-year highs reached earlier in the week following signals from Russian President Putin that a peace accord ending the Black Sea conflict may be within reach. Russia's wheat exports for the first three months of the 2026/27 season reached only 5.6 million tons, down 50% year-over-year, according to SovEcon. Ukraine's grain exports fell to 1.2 million tons in Au

According to reports, as of the week ending September 4, 2026, CBOT soybean oil futures fell 2.5% in the benchmark December contract, primarily driven by the U.S. Environmental Protection Agency's approval of renewable fuel exemptions for small refineries exceeding initial expectations, combined with higher-than-anticipated U.S. soybean oil inventories. The EPA approved 1.76 billion RIN exemptions for small refineries in the 2025 compliance year and extended the compliance deadline from Septembe

According to Yonhapinfomax, MetLife Life Insurance will relocate its headquarters from Gangnam to G1 Seoul in Jongno-gu on September 21, occupying approximately 12,900 square meters. The move comes as the company pursues cost reduction measures amid a high dividend-distribution strategy, sparking speculation about a potential sale of the Korean subsidiary.