Gate Crypto Flash News and Market Updates

According to the New York Times, U.S. military officials stated on August 31 that Navy vessels, Air Force aircraft, and Army helicopters are closely monitoring the Strait of Hormuz and are prepared to attack Iranian forces threatening commercial ships transiting the waterway.

According to Jin10, as of August 31 at 15:11, China's futures market experienced significant capital flows. On the inflow side, CSI 1000 (September contract) led with 2.381 billion yuan, followed by CSI 500 with 2.247 billion yuan and coking coal (January 2027 contract) with 1.830 billion yuan. On the outflow side, Shanghai gold (October contract) saw the largest exodus at 4.5 billion yuan, followed by Shanghai silver (October contract) at 3.958 billion yuan and aluminum oxide (October contract)

According to CryptoRank data, DeFi lending volume reached $260 billion as of August 31, rising nearly 30% since June when the market stood at $201 billion. Aave remains the market leader with $125 billion in outstanding loans (48% market share), followed by Morpho at $51 billion and Spark at $21 billion.

According to Xinhua News Agency, Iran's Islamic Revolutionary Guard Corps (IRGC) fired missiles at U.S. military bases overnight on August 31, according to a message posted on social media early in the morning.

According to Jin10 Futures, Shanghai Futures Exchange (SHFE) energy and chemical warehousing receipts on August 31 showed mixed movements: fuel oil declined by 15,000 tons to 80,390 tons; low-sulfur fuel oil warehouse receipts increased by 10,000 tons to 10,330 tons; and petroleum asphalt warehouse receipts fell by 870 tons to 9,890 tons. Pulp, coated paper, and crude oil receipts remained unchanged compared to the previous trading day.

According to China's Foreign Ministry, Vice Premier Ding Xuexiang will visit Russia from September 2-4 at the invitation of the Russian government to attend the 11th Eastern Economic Forum. During the visit, he will hold the 13th China-Russia Investment Cooperation Committee meeting, the 23rd Energy Cooperation Committee meeting, and participate in the 8th China-Russia Energy Business Forum.

According to Yonhapinfomax, South Korea's Democratic Party announced on Aug 31 that it will strengthen disclosure requirements to advance financial market development. Former lawmaker Lee Yong-woo, heading the party's AI-driven financial reform task force, proposed enhanced disclosure standards as a priority reform. Lee emphasized the need for a discovery mechanism in civil litigation to ensure companies provide material information to shareholders and reduce information asymmetry, arguing that

According to Shanghai Futures Exchange data released on Aug 31, most base metal and precious metal futures inventory declined on the trading day. Zinc futures warehouse receipts fell 9,497 tons to 102,672 tons, marking the largest daily decrease among tracked metals. Aluminum inventory dropped 3,816 tons to 241,694 tons; silver fell 14,432 kilograms to 1,395,567 kilograms. Copper declined 1,122 tons to 30,340 tons, while nickel dropped 535 tons to 100,936 tons. Lead inventory increased 703 tons

According to BlockBeats, Pollen Robotics, a subsidiary of Hugging Face, released the open-source biped robot Microduck on August 31, with pre-orders reaching $2.6 million in 24 hours. The $399 robot, approximately 25 centimeters tall, features walking, object grasping, and autonomous recovery capabilities, with pre-order volumes estimated at around 6,500 units. The Microduck's main controller uses Rockchip's RK3566 chip, driving the company's stock to the daily limit up, with the robot's strong

Gate News message, active loans across leading DeFi lending protocols increased from $20.1B in June to $26.1B in August 2026, representing a nearly 30% rise over the summer. Aave remains the dominant player with $12.5B in active loans.

According to Financial News, Jung Jae-gwan, CEO of South Korea's Military Personnel Mutual Aid Association, submitted his resignation on August 31, citing personal reasons. The association manages approximately 15 trillion won in assets. His successor will be selected through document screening, background verification, and interviews by the delegates' assembly, followed by approval from the Defense Ministry, a process typically requiring at least three months. Market observers note that the nex

On August 31, the Ministry of Industry and Information Technology released a notice on cultivating artificial intelligence application service providers. The notice explores first-purchase and risk-compensation models to increase procurement of large language models, AI agents, and token-based services, aiming to enhance industry adoption. The ministry also promotes standardized AI solutions across sectors, encourages service providers to establish best-practice models, and supports qualified re

According to South China Morning Post, in the first half of 2026, Chinese AI chipmakers MetaX and Iluvatar turned profitable, while Biren Technology significantly narrowed its deficit. MetaX reported a net profit of 612 million yuan (US$91.1 million) compared with a 186 million yuan loss a year earlier, as revenue rose 44.7% to 1.3 billion yuan. Iluvatar posted a net profit of 106 million yuan versus a 609 million yuan loss, with revenue surging 191% to 945.7 million yuan. Biren reported a 377 m

According to Jin10, Shanghai gold closed at 959.97 yuan per gram at noon on August 31, 2026, trading 0.7 yuan higher than the international gold price of 959.27 yuan per gram.

According to Jin10 Futures, spot platinum and spot palladium declined at noon Beijing time on August 31. Platinum fell 1.09%, while palladium dropped 1.55%.

According to Caixin Securities, China's Ministry of Industry and Information Technology released a notice on August 31 to launch a specialized campaign aimed at cultivating artificial intelligence application service providers. The initiative seeks to establish a resource pool of service providers and enhance their technical innovation, integration delivery, and compliance capabilities. By the end of 2026, the national resource pool is expected to include more than 2,000 service providers. By th

According to DefiLlama data, Binance recorded net inflows of $15.6 billion over the past month ending August 31, surpassing Robinhood's total platform assets of $14.325 billion. In the same period, OKX saw approximately $1.7 billion in monthly net inflows and Bybit around $1.9 billion, making Binance's inflow volume roughly 8-9 times larger than the two combined.

On August 31, Chinese commodity futures showed broad gains at the noon close, with SC crude oil rising over 7%, liquefied petroleum gas (LPG) and coking coal climbing over 6%, and methanol, propylene, polyvinyl chloride (PVC), ethylene glycol (EG), and bottle flakes hitting daily limits at 6% gains. On the downside, Shanghai gold and Shanghai silver fell over 3%, platinum dropped over 2%, and polysilicon, cotton yarn, Shanghai nickel, and rapeseed meal declined nearly 1%.

According to South Korea's Financial Supervisory Service (FSS), four executives at Hyundai Securities transferred 55,014 shares from an employee stock ownership plan (ESOP) account to personal accounts on August 24, with the disclosure filed on August 28. The shares, valued at 5,380 Korean won per share, represent 0.09% of Hyundai Securities' total outstanding shares of 618.33 million. The withdrawal stems from the company's paid-in capital increase completed last year, when these shares were ma

According to multiple South Korean investment securities firms, Hyundai Motor Group's robotics-related stocks have slumped following an initial surge driven by physical AI expectations. As of August 31, 2026, Hyundai AutoEver traded at 418,500 Korean won, down 61% from its June 1 peak of 1.066 million won, while Hyundai Mobis stood at 456,500 won, off 44% from its 822,000 won high. Hyundai Motor itself fell to 400,000 won from a June 4 high of 727,000 won. Securities analysts maintain optimistic