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
12:12
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ASIC Sets September 30 Deadline for Crypto Firms to Obtain Formal Licensing or Face Penalties

According to ASIC, the Australian Securities and Investments Commission set September 30, 2026 as the final deadline for cryptocurrency firms operating under transitional regulatory relief to secure proper Australian Financial Services (AFS) licensing or risk enforcement action. From October 1, non-compliant businesses will lose regulatory protection and face civil and criminal penalties, including fines reaching up to 10 percent of annual turnover. Firms must submit AFS licence applications, am
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12:10
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NVIDIA to Acquire Hugging Face for $12.93 Billion

According to Guru Club, on September 3, NVIDIA announced it will acquire open-source AI platform Hugging Face for $12.93 billion. The combined entity will expand Hugging Face's infrastructure while maintaining the platform's open-source and multi-cloud approach, enabling developers to choose their preferred models, frameworks, and computing platforms without dependency on NVIDIA's technology.
12:09
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SoFi and Kraken Partner to Connect Banking and Crypto Trading Infrastructure

According to CoinDesk, digital banking platform SoFi and crypto exchange Kraken announced a partnership to interconnect their financial infrastructure. Kraken's parent company Payward will join SoFi's settlement network SEN, enabling institutional clients to transfer dollars and manage liquidity around the clock without waiting for traditional banking hours. Kraken will list SoFi's dollar-backed stablecoin SoFiUSD, while SoFi will integrate Kraken Prime as an additional liquidity source for its
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12:05
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Solana's USELESS Meme Coin Surges 50% in 24 Hours, Market Cap Breaks $150 Million

According to BlockBeats, Solana's USELESS Meme coin surged over 50% in 24 hours on September 3, with market cap breaking $150 million. The token saw 24-hour trading volume of $17.6 million. Bonk Guy, a prominent trader, stated on September 1 that his bullish conviction on USELESS even exceeds his 2023 experience with BONK, adding that the coin previously climbed from $4 million to $450 million market cap in a non-bull market environment.
USELESS49.21%
BONK3.27%
12:04
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ProCap Financial Sells ~50 BTC, Repurchases Over 2% of Outstanding Shares at 40% NAV Discount

According to Businesswire, ProCap Financial, the bitcoin treasury company backed by Anthony Pompliano, sold approximately 50 BTC to repurchase over 2% of outstanding shares at a 40% discount to net asset value (NAV). The company stated that since launching its share buyback program, cumulative repurchases have reached approximately 10% of outstanding shares. As of close, ProCap Financial held approximately 5,305 BTC.
BTC1.46%
12:02
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Binance Leads RWA Perps Market Among CEXs, Holding Over 50% Trading Volume

According to Richard Teng, Binance now holds over 50% of tokenized stock perpetuals trading volume among centralized exchanges, establishing itself as the leader in this emerging market segment. The CEO's confirmation highlights the platform's dominant position in the intersection of traditional finance and cryptocurrency trading.
12:02
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Hyperliquid HIP-4 Surges 2x to $1.97M Daily Volume in 3 Days, Outcome Claims 85% Share

According to Hyperliquid Research Collective, daily trading volume on HIP-4 has more than doubled since the platform opened to external venues on August 29, rising from $545,000 in August to $1.97 million on August 31. Outcome, leveraging a $1 million rebate program offering approximately 1 cent back per $1 traded, captured 85% of trading volume, while Skew accounted for 1%. Two trading platforms also issued $500,000 in HYPE bonds and selected trade types from seven validator-approved templates.
HYPE1.09%
12:01
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Amber Reports Q2 Revenue of $13.9M, Up 38.8% QoQ; Pivots to AI Agent Tech Firm

According to Foresight News, Nasdaq-listed Amber (Nasdaq: AMBR) reported Q2 2026 revenue of $13.9 million, up 38.8% quarter-over-quarter, with gross margin expanding to 79.5%. Operating income and adjusted EBITDA both turned positive, reversing the prior quarter's loss. On September 1, Amber unveiled a new brand identity and announced a strategic pivot from digital wealth management to AI agent technology. The company has launched two products: Ambre for personal finance consumers and MIA for ma
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12:01
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U.S. Natural Interest Rate Rises to 1.65% in Q2 2026, Signaling Structurally Higher Rates Ahead

According to the New York Federal Reserve's Laubach-Williams model, the natural interest rate (R-star)—the rate that neither stimulates nor restrains economic activity—rose to 1.65% in Q2 2026, up from 1.36% in Q1 2025, fueling market concerns that elevated U.S. interest rates may become structural rather than temporary. Market analysts attribute the increase to dual, synchronized borrowing demand: major cloud service providers including Amazon, Microsoft, and Google parent Alphabet are issuing
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12:01
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Bitcoin Holds $76K Support Amid Oil and Rate Pressures; $35B ETF Inflows in August

According to Garrett Jin's latest weekly report, Bitcoin held its key support at $76,000 this week and recovered above $77,000, despite oil prices rising to around $95 and U.S. 10-year Treasury yields breaking 4.8%. The $75,000–$80,000 range has formed a strong cost basis supporting the market. U.S. spot Bitcoin ETFs saw net inflows of approximately $3.5 billion in August, though September opened with mixed flows, including a $237 million net outflow on Tuesday. Jin maintained a constructive vie
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BTC1.46%
12:01
0

TUZKI Surges 370x Intraday on BSC, Market Cap Reaches $2 Million

According to Odaily, TUZKI on BSC surged 370x intraday on September 3, with market cap briefly breaking $2 million and currently trading at $1.51 million. TUZKI, a popular Chinese social media rabbit sticker and emoji, is reported to be among the most widely used stickers on WeChat.
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