Gate Crypto Flash News and Market Updates

According to Bloomberg, ECB Executive Board Member Isabel Schnabel called for introducing central bank digital currencies on blockchain to modernize monetary policy execution, collateral management, and liquidity provision. Bringing currencies on-chain would preserve the central bank's role as settlement anchor while leveraging the programmable properties of distributed ledgers to enhance financial stability.

According to Interchain Foundation, the organization has established a discretionary grant program to support blockchain networks impacted by the recent Cosmos EVM incident, as reported by ChainCatcher. The initiative aims to assist teams relying on Cosmos technology with remediation efforts. As part of the program, the foundation will collaborate with the community to strengthen security practices, infrastructure, and incident response capabilities across the Cosmos ecosystem. ICF reaffirmed it

According to BlockBeats, on August 29, Iran and Oman reached fresh consensus on reopening the Hormuz Strait under a coordinated framework, Iranian President Pezeshkian said. Oman had initially supported Iran but later reserved its position; however, the two sides realigned during recent talks. Iran is working to ensure that if the strait reopens under specified terms, the U.S. must meet its obligations, including lifting sanctions, unfreezing Iranian funds, and halting Israeli military operation

Venezuela's Interim President Nicolás Maduro Rodriguez announced that a petroleum agreement reached with the United States will bring $209 billion to the country's national treasury.

According to Onchain Lens, a wallet associated with Bitwise's BHYP Hyperliquid ETF staked an additional 188,790 HYPE tokens (valued at approximately $15.19 million) today (August 29). The wallet now holds a cumulative stake of approximately $74.89 million in HYPE tokens.

According to Fidelity Global Macro Research Director Jurrien Timmer, Bitcoin has held its power law trend line bottom and has adjusted for a sufficient length of time, meeting the time requirements of the four-year cycle.

According to ChainCatcher, Catapult Trade, an iTrading protocol, completed $6.6 million in funding across four rounds, with participation from KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC in the seed round, alongside prominent traders and 30+ KOLs in subsequent rounds. The platform's flagship product, Catapult Turbo, has generated $6 billion in notional trading volume and $3.3 million in net revenue since launch. The native token $PULT is scheduled for launch in fall 2026.

According to MoneyDJ, on August 24, USA Rare Earth announced the completion of a $1.55 billion capitalization of a special purpose vehicle (SPV) to assume production capacity from Serra Verde Phase 1, with the U.S. government contributing $750 million. The arrangement includes a price floor for magnetic rare earths with terms explicitly extending to heavy rare earths dysprosium and terbium. In late August, MP Materials received further concrete support from the U.S. Department of Defense, includ

According to Kitco News, Copper Giant Resources Corp. (TSXV: CGNT; OTCQB: LBCMF) reported Thursday that directional hole MD-070 returned 771 meters grading 0.54% copper equivalent at its Mocoa project in southern Colombia. The interval began 211 meters downhole and included 0.33% copper and 0.039% molybdenum. The company interprets the result to confirm its resource model, with Frank Giustra, principal shareholder, telling Kitco News: "MD-070 confirms the grade and continuity where it matters fo

According to GMGN data, BONER token on Robinhood Chain surged to $5.65 million in market cap today, up 39 times in 24 hours. The Meme coin has seen volatile price movements, with values heavily influenced by market sentiment and trending events.

According to Public Citizen, on Friday, the nonprofit released a report estimating investor losses in Trump-linked crypto ventures at $4.7 billion. Trump's TRUMP memecoin surged over 20% on the day, climbing to $2.93 before settling at $2.82, pushing the digital asset's market cap to $705 million. The report cited Trump's $1.4 billion in crypto profits made in 2025, sourced from supporters, foreign governments, and entities seeking favor with the U.S. government. Public Citizen claimed the profi

According to Bitcoin.com News, Dunamu and Visa signed a stablecoin and AI payments partnership on Aug. 27 in San Francisco. The collaboration will explore Open USD (OUSD), a dollar-pegged stablecoin backed by Visa, Mastercard and more than 140 companies, alongside AI-integrated payment infrastructure and agentic commerce capabilities. Dunamu CEO Oh Kyung-seok said the deal bridges South Korea's largest crypto exchange operator with one of the world's biggest payment networks. Stablecoin payment

According to on-chain analyst Yueyan, a wallet withdrew 281,000 SOL worth $29.68 million from Binance this morning (August 29). The address had deposited 14.06 million USDC to the exchange one month prior.

According to CNBC, Netflix and Twitch experienced significant bandwidth issues on Thursday (Aug 27) while streaming Grand Theft Auto 6's first official gameplay preview. Netflix confirmed that some members briefly encountered access problems, while Twitch faced streaming delays as users posted reactions to the trailer. Global preorders have reached an estimated $260 million, according to analytics firm Newzoo, with projections suggesting $4.5 billion in sales by launch week. GTA 6 launches Nov.

According to S&P Global and FactSet consensus, Big Tech companies including Meta, Amazon, Alphabet and Microsoft significantly increased debt issuance in 2026 as capital spending on AI infrastructure exceeded their operating cash flow. Alphabet's long-term debt reached approximately $115 billion, more than tripling year over year, while Amazon's debt climbed to $222 billion, up 67% from a year earlier. Meta's long-term debt rose 131% year over year to roughly $110 billion by end of June. Credit

According to CNBC, Affirm CEO Max Levchin said on Friday that high gas prices are affecting U.S. shoppers, after the buy now, pay later company reported better-than-expected fourth-quarter earnings. The fintech firm reported Q4 revenue of $1.17 billion, beating analyst estimates of $1.11 billion, with gross merchandise volume reaching $14.1 billion versus the expected $13.39 billion. "The U.S. consumer undoubtedly sees the higher gas prices," Levchin told CNBC, noting that consumers are turning

According to Yonhap Infomax, the USD/KRW exchange rate rose 7.00 won to close at 1,379.50 won on August 29, reversing earlier session losses after Federal Reserve Chair Kevin Warsh's Jackson Hole speech signaled inflation vigilance. Warsh reaffirmed the Fed's 2% PCE inflation target and emphasized that if inflation does not move toward the goal at a sufficient pace, the central bank has "work to do," language markets interpreted as hawkish and signaling potential further rate hikes. The remarks

According to market reports, Apple is set to unveil its first foldable iPhone during its fall event on September 9-10, 2026. The device, potentially named iPhone Ultra, is expected to feature a 7.8-inch internal display when unfolded and a 5.5-inch outer screen, employing a book-style horizontal fold design. Market analysts estimate a starting price of $2,500, with IDC projecting first-year shipments exceeding 10 million units. The foldable model is expected to use Apple's new 2-nanometer A20 Pr

According to Jeffrey Roach, chief economist at LPL Financial, Fed Chair Kevin Warsh's Jackson Hole speech this morning may reveal important policy signals through its footnotes, citations, and references rather than the main text. Roach told Kitco News that investors should focus on three key areas: whether Warsh discusses how stronger productivity growth can offset inflation pressures and reduce the need for restrictive monetary policy; his views on artificial intelligence's economic impact; an

According to Kitco News, the University of Michigan reported on Friday that U.S. consumer sentiment fell to 51.7 in August, beating the economist consensus forecast of 51 but declining sharply from July's 55.2. The decline was driven by ongoing inflation concerns and policy uncertainty. Spot gold fell to a session low of $4,549.15 following the data release and last traded at $4,556.41, down 0.99% on the day. Year-ahead inflation expectations eased to 4.0% from 4.2% in July, while long-run expec