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
02:01

Circle Partners with OKX to Expand USDC Liquidity and Trading Markets

According to Foresight News, Circle announced a partnership with OKX to expand USDC liquidity and trading on the OKX platform. The collaboration will support additional USDC-denominated spot, margin, and futures trading markets, providing eligible users with expanded trading options.
02:01

Crypto Taxation Postponement Petition Hits 25,065 Co-sponsors, Surpasses 50% Threshold on Sept 2

According to the National Assembly e-Petition website, a petition calling for a two-year postponement of digital asset taxation reached 25,065 co-sponsors on September 2, exceeding the 50% threshold (25,000 signatures) required before formal committee review. The petition requires 50,000 total co-sponsors to advance to the relevant standing committee. A separate petition seeking complete abolition of crypto taxation surpassed the 50,000 threshold in May and was referred to committee.
02:01

Figure Completes $717M Acquisition of AI-Powered Real Estate Lending Platform Kiavi

According to Foresight News, Figure (Nasdaq: FIGR) has completed its acquisition of AI-powered real estate lending platform Kiavi for $717 million. Figure acquired Kiavi's technology, operating platform, and certain other assets. The platform and technology will be integrated into Figure's network of over 480 ecosystem partners and expand lending services through Figure Connect, its blockchain-native marketplace. Kiavi CEO Arvind Mohan will join Figure as Chief Commercial Officer.
02:01

Berkshire Hathaway CEO Greg Abel to Appear on CNBC Today

According to BlockBeats, Berkshire Hathaway CEO Greg Abel will appear on CNBC's Squawk Box on September 2, early morning ET (around 6 a.m. ET / approximately 6 p.m. Beijing time) for an interview with Becky Quick and others. This marks a rare media appearance by Abel. The show has not yet specified topics, though the interview may touch on the company's stock buyback plans and capital allocation strategies.
02:01

JOHNDOG on Robinhood Breaks $1.02M Market Cap

According to Odaily Meme 速递 monitoring, JOHNDOG on Robinhood has reached a market cap of $1.02 million. The meme coin is built around the "John Dog" character featured on Robinhood's government bond educational page, where the figure appears as an example bondholder. The community has connected this character to the Robinhood Chain ecosystem, framing it as a "native character from Robinhood's official website."
02:00

Whale With 45,000 ETH Faces $4.1 Million Unrealized Loss as ETH Falls Below $2,400

According to on-chain analyst Ai Yie, as Ethereum fell below $2,400 on September 2, a major whale holding 45,000 ETH faces an unrealized loss of $4.1 million. The whale added 28,300 ETH to its position on August 31 when ETH broke below $2,500, bringing its total holding on Hyperliquid to over $107 million (the second-largest ETH position on the platform). The whale's average entry price is $2,486.37, with a liquidation price of $2,252.68.
ETH-2.56%
01:59

BOJ Hawk Takada Calls for Flexible Rate Hikes; Had Backed 1.25% Increase in July

According to Jin10, on September 2, Bank of Japan hawkish board member Takada Tsukuru said the central bank must flexibly proceed with rate hikes after assessing domestic financial conditions and reviewing overseas developments. Takada stated he believes the BOJ should shift from its current stance of pushing up potential inflation and demonstrate to markets its resolve to prevent price movements above target levels. Takada was the sole dissenting voter when the BOJ held its policy rate at 1% in
More
01:58

South Korea Allocates 8.5 Trillion Won to Korea Electric Power on September 2

According to South Korea's Ministry of Climate, Energy and Environment, the government allocated 8.5 trillion won (approximately $6.3 billion) to Korea Electric Power Corporation on September 2, marking the first major cash injection for the state-run utility. Of the total, 5 trillion won will be direct capital investment and 3.5 trillion won will support electricity welfare discounts for low-income households. The allocation aims to ease the company's accumulated 35 trillion won deficit. Depend
More
01:57

China's Open-Source LLM Core Revenue Reaches 60-80 Billion Dollars on Sept 1

According to the China Open-Source LLM Tracker published by Robonomics author FD on September 1, the core large language model revenue of China's open-source sector reached 60-80 billion dollars, with total ARR standing at 100-150 billion dollars after excluding ByteDance and Seedance. The sector's growth has shifted from price competition to premium pricing, with DeepSeek raising prices 3-12 times while usage continued to increase. Zhihu raised API prices 101% while token usage surged over 40 t
More
01:53

OpenAI's Astra Reaches 'Critical' Security Threshold, Hits 100% on ExploitBench With 2 Zero-Day Discoveries

According to OpenAI, Astra has reached the 'Critical' security capability threshold and is the first model evaluated to this level by the company. In testing on ExploitBench, Astra achieved 100%, and when tested against 20 recently disclosed high-risk vulnerabilities, it discovered and exploited 2 previously unknown zero-day vulnerabilities. OpenAI resumed large-scale frontier reinforcement learning (RL) training on August 28, which had been paused following a Hugging Face security incident, tho
More
01:51

SOL Spot ETFs Record $10.19 Million Net Inflows on September 1

According to ChainCatcher citing SoSoValue data, U.S. Solana spot ETFs recorded combined net inflows of $10.19 million on September 1 (Eastern Time). Bitwise Solana Staking ETF (BSOL) led the inflows with $6.17 million inflow on the day, bringing its cumulative net inflows to $1.028 billion. Fidelity Solana Fund ETF (FSOL) followed with $2.67 million in daily inflows.
SOL-4.01%
01:51

U.S. Central Command Denies Targeting Wedding in Airstrike, Says Civilians Not Targeted

According to Axios, on September 2, the U.S. Central Command responded to Iranian media allegations that American airstrikes hit a wedding in Kohstak, killing at least 4 people and injuring 35. Captain Tim Hawkins, a Central Command spokesperson, stated: "We have noted these reports, which originate from Iranian state media. Unlike the Iranian Revolutionary Guard, the U.S. military does not target civilians as a matter of policy."
01:51

G20 Reaches Consensus on Key Economic Issues, 19 Members Agree Under US Leadership

According to the U.S. Treasury, 19 of the 20 G20 members recently reached consensus on key economic issues during discussions led by Treasury Secretary Scott Bessent. The agreement focuses on multilateral development bank reforms and enhanced financing strategies for developing nations, reflecting a shift toward greater inclusivity in global economic cooperation.
01:51

Japan's 30-Year Stagnation Linked to Rapid Aging; Korea Faces 3x Faster Demographic Pressure

According to research presented by Fumio Hayashi, professor emeritus at Japan's Policy Research Institute (GRIPS), on September 2, Japan's three-decade economic stagnation can be substantially explained by early population aging. Hayashi found a negative correlation between aging speed and growth rates among developed economies, noting that countries where the population aged 50-79 exceeds 40% of the working-age population (20-49) experience slower growth the faster their aging occurs. Hayashi w
More
01:51

South Korea Drafts Record 820.9 Trillion Won Budget on September 2, Up 93 Trillion as Interest Rates Rise

According to the Presidential Office's fiscal planning secretary Lyu Deok-hyun on September 2, South Korea announced a 820.9 trillion won budget for the coming year, an increase of approximately 93 trillion won from the current year. The policy aims to support vulnerable groups hit hard by the Bank of Korea's rate hikes while maintaining investment in future industries such as semiconductors, AI, and AI data centers. Lyu explained that monetary tightening and fiscal expansion serve different pur
More
01:51

AI Security Startup AIR Closes $50M in Series A and Series B Funding

According to ChainCatcher, AI security startup AIR has closed $50 million in funding across two rounds. Sequoia Capital led a $10 million Series A, while Greenoaks led a $40 million Series B, with participation from Swish, Netz, and multiple angel investors. The company, founded by Yair Saban and Niv Hoffman, both veterans of Israel's Unit 8200, offers an AI agent security platform that discovers, audits, and controls AI agents running within enterprises, while blocking interactions with non-com
More