Gate Crypto Flash News and Market Updates

According to Financial News, cosmetics-focused exchange-traded funds in South Korea declined sharply over the past week (Aug 31–Sept 4) as the won strengthened against the dollar. TIGER Cosmetics fell 11.11%, SOL Cosmetics Top 3 Plus dropped 10.82%, and HANARO K-Beauty retreated 10.40%. The won-dollar exchange rate fell to 1,345 won on Sept 4, marking its lowest level since October 2024 and down 15.89% from a July 1 peak of 1,599.2 won. Despite the price decline, the funds attracted net inflows

According to ChainCatcher, PAIR, a multi-pool RWA token issuance platform on Robinhood Chain, has burned over $3 million worth of PAIR tokens, representing over 10% of the total token supply. The protocol has accumulated nearly $100 million in trading volume and issued over $600,000 in creator rewards across more than 2,000 projects. PAIR announced it will release a major update within the next 24 hours.

According to Korea Exchange, Kiwoom's KIWOOM Samsung-SK Group TOP4+ ETF was listed on September 1 with net assets of 19.2 billion won as of September 3. The fund tracks semiconductor leaders Samsung Electronics (27.93%) and SK Hynix (22.58%), along with their affiliates Samsung C&T, Samsung Life, SK, and SK Square that hold their stakes. The portfolio also includes AI semiconductor value chain components including Samsung Electro-Mechanics (13.74%), SK Square (12.85%), and other subsidiaries. Th

According to Whale Alert, dormant Bitcoin addresses were activated yesterday (September 5), moving 50 BTC previously mined across seven early blocks: 43361, 43452, 43647, 43680, 43765, 43855, and 43871. Whale Alert's research indicates none of these blocks were mined by Satoshi Nakamoto.

According to Whale Alert, dormant transactions involving 350 bitcoins were activated yesterday (September 5), with coins previously mined across seven early Bitcoin blocks: 43361, 43452, 43647, 43680, 43765, 43855, and 43871. Whale Alert noted that research indicates none of these blocks were mined by Satoshi Nakamoto.

According to Coinglass, Zcash (ZEC) surged past $1,200 in the last 24 hours, triggering $44.32 million in liquidations across all platforms—the highest liquidation volume globally during the period. Short liquidations accounted for $41.86 million, while long liquidations totaled $2.45 million.

According to HyperliquidNews, Hyperliquid added SYN as a new spot trading asset today. The first trade was executed at 500 HYPE, valued at $42,600.

According to The Kobeissi Letter, Bitcoin and gold prices' 90-day correlation has risen to +0.50, nearly matching the 2020 pandemic high. The metric has more than doubled since the start of the year, marking a significant shift in asset correlation patterns. Meanwhile, Bitcoin's 90-day correlation with the Nasdaq-100 index has fallen to approximately 0.30, a one-year low.

According to Jin10, Russia and Ukraine agreed today (September 6) to halt strikes on each other's capitals for three days, ostensibly to ensure the safety of a U.S. delegation's travel in the region.

According to the company announcement on X on Thursday, Orionx, a Chilean crypto exchange backed by Tether, announced permanent closure after a forensic audit discovered more than $7 million in custodial assets had moved to wallets it did not manage. The exchange suspended withdrawals and prioritized returning clients' remaining assets. An internal audit on August 27 detected a significant mismatch between balances in Orionx's systems and actual assets held in custody across Bitcoin, Ether, XRP

According to Binance Wallet, Binance Alpha will launch Canopy (CNPY) on September 7 as the first platform to list the token. Eligible users can claim airdrop rewards using Binance Alpha Points from the Alpha Events page after trading opens. Additional details will be announced later.

According to Coinglass data, ZEC broke through $1,200, hitting a new all-time high, with $44.29 million in liquidations over the past 24 hours—the highest across all cryptocurrencies. Short position liquidations accounted for $41.84 million of the total.

On September 6, Iran's Parliament Speaker Mohammad Baqer Qalibaf warned that the United States must understand the rules of the game have changed before it is too late. Qalibaf stated that any future attack on Iran's security or interests will be met with a faster, heavier, and more painful response.

According to Korean media MK, South Korean individual investors in September shifted holdings away from U.S. semiconductor stocks and rotated into semiconductor leverage ETFs. Net sell-offs included Micron exceeding $100 million, SanDisk $68.61 million, Marvell Technology $49.37 million, and Nvidia $15.56 million. SK Hynix ADRs, which listed on NYSE in July, saw net selling of $46.16 million during the period, reversing from cumulative net buying of $811 million through end of August. Investors

According to Jin10, on September 6, the foreign ministers of Saudi Arabia, Jordan, the United Arab Emirates, Indonesia, Pakistan, Turkey, Qatar, and Egypt issued a joint statement condemning Israeli National Security Minister Itamar Ben-Gvir and Defense Minister Israel Katz for their remarks regarding the displacement of Palestinians from Gaza. The statement criticized proposed plans and mechanisms aimed at forcibly removing Palestinians from their homes.

According to HTX, ZEC surged past $1,200 to reach $1,193, with a 24-hour gain of 17.8%, pushing its market capitalization to an all-time high.

According to News1, on September 6, Youngpoong and MBK Partners alleged that Choi Yun-beom, a director at Korea Zinc (010130), and his family engaged in a 'pre-investment, early exit' scheme. The claim details a pattern where Choi's family invested personal funds in unlisted companies first, followed by subsequent investments from the One Asia Partners fund backed by Korea Zinc, before Choi's family recovered their investments ahead of the company. The scheme reportedly involved multiple compani

According to Jin10, China's Ministry of Finance allocated 10 billion yuan to China Export Credit Insurance Corporation today (September 6) to strengthen its core capital base. The capital injection aims to enhance the company's risk absorption capacity and increase insurance coverage for export credit operations.

According to Korean media and DIGITIMES, SK Hynix is considering adding Intel as a second foundry supplier for HBM4E high-bandwidth memory base dies to reduce dependency on TSMC and increase supply flexibility. Base dies—the logic control chips at the bottom of HBM stacks—are becoming increasingly complex in the HBM4 generation, requiring advanced logic process capabilities beyond traditional memory manufacturing. SK Hynix currently relies on TSMC's 12-nanometer process for HBM4 base dies. Other

According to the China Export-Import Bank, China's Ministry of Finance will inject 30 billion yuan (approximately $4.2 billion USD) into the bank on September 6, 2026. The capital infusion aims to strengthen the bank's capital base and enhance its capacity to serve the real economy and support China's opening-up initiatives.