Gate Crypto Flash News and Market Updates

According to OKX official announcement on September 2, the exchange launched perpetual futures for Samsung and SK Hynix 2x leveraged ETFs, alongside Shein equities futures. Trading begins at 4:15 PM KST for SK Hynix 2x (CSOPSKHYNIX2L) and 4:30 PM KST for Samsung 2x (CSOPSAMSUNG2L). All products settle in USDT and operate 24/7.

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,370.10 won on September 2, down 0.30 won from the previous Seoul session close of 1,370.40 won. The pair opened at 1,375.00 won before declining on supply-driven weakness as exporters sold dollars. U.S.-Iran military tensions overnight pushed global risk-off sentiment higher, with WTI crude rising 0.9% to $91 per barrel and the U.S. 10-year Treasury yield touching 4.81%, the highest level in approximately 2 years and 10 months. Sout

According to CNBC on September 1, Palo Alto Networks (NAS: PANW) CEO Nikesh Arora warned that the global technology industry must urgently replace approximately $1 trillion in outdated security infrastructure to defend against AI-powered cyberattacks. Arora stated that security systems built 7-10 years ago cannot handle AI threats, and enterprises face a $1 trillion "cybersecurity debt" to modernize their defenses. The company's stock rose 113% since April 7, following heightened awareness of AI

According to Istanbul Province Government, two cargo ships flying Turkish flags collided in the Marmara Sea near Istanbul, with authorities unable to contact 10 crew members aboard one of the vessels. The exact cause of the collision and details of the missing crew's location remain under investigation.

According to Midi Libre, a couple in Arles, France was recently attacked by two armed masked individuals in their home. The suspects, wielding handguns and knives, held the victims captive for over two hours while threatening them to surrender their crypto assets. The couple's young children were also present during the incident. Police arrived after neighbors alerted authorities, and the suspects fled. The case is now under investigation by police in Nîmes. Midi Libre reported that France has r

According to Beating AI, OpenAI's upcoming Astra model employs a looped transformer architecture (recurrent depth), allowing the same information to pass through transformer layers multiple times before generating output. This approach differs from standard transformers, which process each token through fixed sequential layers. The technique enables models to increase internal computational reasoning without extending the visible thought chain. ByteDance's Seed team previously pioneered this met

According to Treasury Secretary Scott Bessent in an interview published Aug. 30, the U.S. plans to sanction another bank this week as part of Operation Economic Outcast, a campaign targeting Iran-linked financial transactions. On Aug. 28, the Treasury proposed sanctions against Banque Misr UAE, alleging its five branches processed approximately $1.8 billion between January 2024 and June 2026 for 103 companies potentially connected to Iranian shadow banking networks. The proposal, posted in the F

According to Yonhapinfomax, the Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points to 2.75% on September 2, citing inflation pressures stemming from Middle East tensions that have driven up oil prices. The monetary policy committee's decision was unanimous, marking the second consecutive rate increase. The central bank noted inflation reached 4.1% in the second quarter, with core inflation expected to return to the 2% target midpoint by the second half of n

According to Samsung Electro-Mechanics' regulatory filing on September 1, the company signed a long-term supply contract worth 1.0722 trillion KRW ($827 million USD equivalent) with a global AI semiconductor company for high-capacity MLCC components used in AI servers. The contract represents 9.5% of Samsung Electro-Mechanics' annual revenue and signals the company's expansion in the high-performance MLCC market as AI server demand accelerates. Top-performing investors tracked by Mirae Asset Sec

According to Bloomberg, decentralized cryptocurrency exchange Hyperliquid is in advanced negotiations with Payward, the parent company of Kraken, to introduce perpetual futures products to the US market on September 1. If approved by regulators, US traders would be able to trade perpetual futures contracts linked to crypto token prices on Hyperliquid blockchain through Bitnomial, a Payward subsidiary exchange.

According to PwC's report released on September 2, global data center spending is projected to reach $31.6 trillion by 2050 to meet surging artificial intelligence demand worldwide. In an extreme scenario where AI adoption accelerates faster than the firm's base case, expenditure could reach $50 trillion over the next 25 years, surpassing historical megaprojects like railways, the internet, and electrification. For context, U.S. GDP currently stands at approximately $30 trillion. Data center exp

According to Microsoft, the company and Amazon Web Services announced on September 1 a collaboration on multicloud networking that enables customers to establish private connections between Azure and AWS. The offering, which uses AWS Interconnect Multicloud and Azure Multicloud Interconnect, is designed to simplify connecting applications, data, and infrastructure across both cloud environments. At general availability, the service will support speeds up to 100 gigabits per second (Gbps) with MA

According to Guru Club, on Wednesday, corn futures fell 1.8% to $5.37 per bushel, marking the largest decline in three weeks. The Chicago Board of Trade saw intraday losses of up to 1.8%, the steepest drop since August 13. Wheat declined 1.8% to $7.68 per bushel, while soybeans fell 1.1%. The selloff followed weeks of gains driven by geopolitical risks and weather concerns that had supported grain prices.

According to Jin10 Futures, China's domestic liquefied petroleum gas (LPG) price climbed to 6,197 yuan per ton as of September 1, up 430 yuan from mid-August. The rally reflects tight supply conditions: domestic refinery output increased in August but remains insufficient, while geopolitical disruptions—including the persistent closure of the Strait of Hormuz and Panama Canal restrictions—have reduced international LPG availability and driven landed prices to around 6,800 yuan per ton.

South Korea's 3-year government bond yield rose to 3.915% on the morning of September 2, breaking the 3.9% threshold for the first time since July 24, according to bond market data. Foreign investors drove the short-term weakness by selling 8,859 contracts of 3-year Treasury futures, marking the fifth consecutive day of net outflows. The 10-year yield climbed to 4.409% and the 30-year yield reached 4.659%, reflecting a broader global rate-hiking environment amid rising oil prices.

According to Seoul Economics, on September 2, Doosan Fuel Cell signed a 501.4 billion won fuel cell supply contract with its U.S. subsidiary HyXiom for data center applications, marking the company's first entry into North America's power market. The contract value equals 110% of the company's prior-year annual revenue, with delivery through April 2028. Despite the major contract announcement, the stock fell 12.85% to 38,650 won by 11 a.m., declining from an opening price of 44,850 won. Market a

The New Zealand dollar fell over 1.00% against the U.S. dollar intraday on September 2, trading at 0.5831.

According to Yonhap Infomax, on September 2, Hajime Takata, a Bank of Japan policy board member, proposed raising the policy rate toward the neutral level to address secondary inflation effects and contain rising inflation expectations. Japan's 10-year government bond yield rose to 3.0168% in morning trading, up 0.70 percentage points from the previous trading day. Takata emphasized the need to shift from the gradual pace of rate hikes seen in 2024-2025 to a more agile approach starting in 2026.

According to Iran's Central Command, Iran launched missile and drone strikes on U.S. military bases overnight on September 2 in response to recent American airstrikes. The strikes caused significant damage to U.S. military infrastructure, weapons and equipment, and resulted in casualties among U.S. commanders and troops. Iran's military said it will continue strikes until the U.S. "regrets its actions." The statement warned that further American military operations in the region will face "heavi

Dyson unveiled its first AI-powered toothbrush, the CameraJet, on Sept. 2 in Taiwan, priced at 16,990 New Taiwan dollars (499 U.S. dollars). The device features a built-in micro camera and AI algorithms to locate interdental gaps within 0.1 seconds, then uses a cone-shaped water jet for precise cleaning between teeth. The integrated system combines brushing, interdental cleaning, and rinsing in a single cycle. Pre-orders began Sept. 1, with units now available at Dyson's official website and dep