Gate Crypto Flash News and Market Updates

According to the Bank of Korea analysis released on August 30, core inflation pressures could rise 0.1 to 0.4 percentage points when the GDP gap expands by 1 percentage point amid heightened demand-side pressures. The central bank warned that demand-driven core inflation could remain elevated at 2–2.5 percent for a sustained period. In the second quarter, real gross domestic income (GDI) grew 15.6 percent year-over-year, significantly outpacing real GDP growth of 3.7 percent. The BoK noted that

According to Yonhap Infomax, on August 27, South Korea's National Tax Service visited Thailand's tax authority to share experience implementing the global minimum tax regime, which applies a 15% minimum rate to multinational groups with annual revenue exceeding €750 million. Thailand is set to implement the system starting 2027. During the meeting, South Korea also relayed tax issues faced by Korean enterprises operating in Thailand and requested cooperation from Thai authorities. Both countries

According to South Korea's Fair Trade Commission on August 30, heating equipment manufacturer Kyungdong Navi (KRX: 009450) was fined 500 million won for violating subcontract law. The company copied temperature sensor blueprints from a small supplier in 2024 without authorization and transferred the designs to a competing supplier in April 2024. Additionally, between March 2018 and August 2019, Kyungdong Navi requested 12 management plans from four suppliers via email without providing required

According to China Coast Guard, on August 30, the China Coast Guard conducted enforcement patrols in territorial waters and surrounding areas of Huangyan Island. Throughout August, the authority has continuously strengthened patrols in the region and handled illegal infringements on vessels in compliance with applicable regulations.

According to TechCrunch, Sony Music Publishing, Warner Chappell, and other music publishers sued Anthropic and co-founders Dario Amodei and Benjamin Mann on August 28 in the US District Court for the Northern District of California. The complaint alleges Anthropic acquired thousands of copyrighted works—including songs, lyrics, and sheet music—through torrenting, scraping, and downloading, then used them without permission to train Claude. In a separate case, Universal Music Group, Concord, and

According to DefiLlama data reported by BlockBeats, Robinhood Chain recorded $10.34 billion in DEX trading volume over the past 24 hours on August 30, ranking third among all chains behind Solana and Ethereum.

According to Bank of America's global research report released on August 27, the global memory chip spot market has deteriorated sharply, with September supply fulfillment ratio (sufficiency ratio) dropping below 50%. The bank forecasts DRAM and NAND spot prices will rise 10-20% in September, driven by robust AI infrastructure demand, prioritized supply to major clients by leading chipmakers, and peak consumer electronics season. BofA raised its global DRAM industry growth outlook for 2027. With

According to Jin10, Chinese President Xi Jinping departed Beijing on the morning of August 30 to attend the 2026 Shanghai Cooperation Organization summit in Bishkek and conduct state visits to Kyrgyzstan and Egypt at the invitation of Presidents Japarov and Sisi. The delegation includes First Lady Peng Liyuan, alongside senior officials including Foreign Minister Wang Yi.

According to RootData, MYX Finance will unlock approximately 18.06 million MYX tokens valued at around $1.28 million on September 6 at 00:00 UTC+8 (Beijing time).

According to Scott Bessent's announcement on the Reuters Econ World podcast in late August, the U.S. Treasury doubled its regular bond buyback operations from $2 billion to at least $4 billion per operation, with the expanded program set to begin on September 9. The 30-year Treasury yield climbed to approximately 5.3%, its highest level in 19 years, while the 10-year note reached 4.73%. Bessent's "Treasury twist" strategy involves issuing short-term debt while buying back longer-dated bonds to r

According to Solana Foundation VP Jacob Creech, the network will undergo major upgrades in coming weeks. Transaction V1 officially launches on September 9, while the first phase of rent exemption measures kicks off next week. The VP also noted slot times will be further reduced, with the Alpenglow upgrade scheduled for October and the Scale or Die conference set for November.

According to Cryptoslate, Deribit will remove its public Proof of Reserves dashboard on September 1. The system previously allowed users to verify whether their balances were included in snapshots and compare the platform's aggregate liabilities against publicly held wallet positions. The move follows Deribit's integration with Coinbase, with approximately 90% of client assets now held under Coinbase custody arrangements. Deribit has not committed to providing a new public Proof of Reserves dash

According to GMGN, PONS (Robinhood ecosystem token) market cap briefly broke through $200 million, hitting a new all-time high, now trading at $194 million. The token has seen 29% of total supply burned, while Pons Treasury continues to use 80% of protocol fee revenue to increase holdings.

According to the Independent Community Bankers of America (ICBA), community banks have swayed at least two Republican senators, Josh Hawley and Jerry Moran, to oppose the CLARITY Act on stablecoin reward provisions. ICBA CEO Rebeca Romero Rainey stated that the organization demands a complete ban on stablecoin rewards rather than a compromise on restricting them to activity-based yields. ICBA warns that stablecoin rewards could trigger a $1.3 trillion deposit flight from the banking system, resu

According to South Korea's Ministry of Economy and Finance, Deputy Prime Minister Koo Yoon-chul departed on August 30 to attend the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, the United States. The meeting will focus on global economic growth policies, monetary policy, debt, global imbalances, and financial literacy. Deputy PM Koo plans to discuss Korea's strong economic fundamentals and long-term growth potential, as well as engage in bilateral talks with senior offi

According to economists, the U.S. Bureau of Labor Statistics will release its August jobs report on Friday, August 30, showing nonfarm payrolls increased 55,000 and unemployment held at 4.1%, following a surprise decline in July employment. Analyst Anna Wong noted that Fed Chair Powell's hawkish speech at Jackson Hole increased the likelihood of a September rate hike and shifted market expectations on how to interpret next week's data. Powell has described the labor market as healthy, attributin

According to Jin10, the U.S. Labor Statistics Bureau is expected to release its August employment report on Friday, showing nonfarm payroll growth of 55,000 jobs, following an unexpected decline in July. The unemployment rate is forecast to remain at 4.1%, consistent with the year-to-date monthly average. Analyst Anna Wong noted that Federal Reserve Chair Powell's hawkish remarks at Jackson Hole have raised expectations for a September rate hike and shifted how markets interpret upcoming data. W

According to PANews, realtrumpcoins issued an official statement on August 30 denying any authorization, issuance, or promotion of digital tokens. The company stated it never authorized the $GOLD token—which had circulated with team members holding 82.45% of supply—and will not issue, promote, or authorize any digital assets in the future. realtrumpcoins characterized the token promotion as malicious third-party activity and said it is cooperating with law enforcement agencies to investigate the

According to @MarioNawfal, U.S. gas prices surged by approximately $1.25 per gallon in August 2026 due to geopolitical tensions linked to the Iran conflict. The American Automobile Association (AAA) recorded the national average price of regular gasoline at $4.081 per gallon, marking a significant year-over-year increase from $3.2013 a year ago. The rise translates to approximately $560 in additional annual spending for the average American driver. August is on track to set a new record for mont

According to Google Research, the company introduced WikiSkill, a framework enabling AI agents to learn from experience and retain knowledge across iterations using a persistent wiki-style knowledge base. The method was validated across five benchmarks testing math reasoning, web search, spreadsheet management, question answering, and embodied interaction. Performance gains were significant: on LiveMathematicianBench, Gemini-3.5-Flash improved from 33.0% to 72.6%; on SpreadSheetBench, scores cli