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
08:50
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Global Pension Funds Back MBK-Backed Audit Director Candidate at Korea Zinc Vote on Sept 9

According to Financial News, Norway's central bank investment office (NBIM) and California's largest public pension CalPERS announced on Sept 6 they will support MBK Partners' audit committee candidate Park You-kyung at Korea Zinc's shareholder meeting on Sept 9. The stance contradicts recommendations from most proxy advisory firms, which backed the company's nominee. With foreign investors holding roughly 20 percent of Korea Zinc's shares, their votes are seen as decisive under a newly implemen
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08:49
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News Trader Pays 40.8 BNB in Bribes, Frontrunns Hakimi on Binance, Nets $378K Profit

According to BlockBeats and on-chain analyst Yujin, on September 6, a news trader frontran Hakimi's contract launch on Binance by purchasing within 1 second of the announcement at 13:55:12. The trader paid 40.8 BNB (approximately $31,000) in total, including 35.3 BNB ($26,800) in node bribes to BNB48 Club and 5.5 BNB ($4,200) in gas fees. Using a private RPC channel, the trader bought 9.89 million Hakimi tokens at approximately $0.02 per token for 264.7 BNB ($200,000). The trader subsequently so
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NODE0.08%
GAS-0.69%
08:44
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ECB to Raise Rates on Sept. 10 as BOJ Hikes Near 90% Probable; U.S. August CPI Due Sept. 11

According to Yonhapinfomax, the European Central Bank is nearly certain to raise rates by 25 basis points on September 10, while signals for a third rate hike this year stand at roughly 80% probability. The Bank of Japan's September rate hike is priced at over 90% likelihood in overnight index swap markets, with year-end rate increase odds at about 80%. U.S. August consumer price index data arrives on September 11, with headline CPI expected at 3.4% year-over-year and core CPI at 2.4%. A below-f
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08:43
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Xi Jinping to Visit U.S. on September 24 for State Dinner as China Maintains Rare Earth Sanctions

According to EBC News, Chinese President Xi Jinping will visit the United States on September 24, with U.S. President Trump planning a state dinner reception. Reports indicate China is organizing a large business delegation to accompany the visit, signaling support for Sino-U.S. trade cooperation. However, beneath these diplomatic gestures, substantive disputes persist. China's Ministry of Commerce sanctioned six U.S. companies on August 5 and restricted rare earth supplies, prompting U.S. prote
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08:43
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South Korean Airline Stocks Surge on Won Strength; Korean Air Up 12.27% in Past Month

According to Korea Exchange, South Korean airline stocks surged yesterday (September 6) as the won strengthened significantly against the dollar. Korean Air gained 12.27% over the past month, while Jin Air rose 12.25%, Asiana Airlines 11.76%, and Jeju Air 7.77%. The won appreciated over 200 won per dollar versus June lows, declining from 1,560 won per dollar to around 1,340 won per dollar recently. Since airlines pay jet fuel, aircraft leasing fees, and maintenance costs in dollars while carryin
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08:43
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OpenAI Enters AGI Era With Astra, First Model Trained on 100K GPUs: Brockman

According to a Stratechery interview, OpenAI president Greg Brockman stated that the company has entered the AGI era with Astra, its first model trained on over 100,000 GPUs. Brockman highlighted that Astra has crossed a critical application threshold by directly operating computer software without requiring individual API connectors, effectively functioning as a universal interface for AI to interact with various applications. Brockman also revealed that OpenAI is leveraging Astra to audit its
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08:42
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Minds Launches AI Virtual Football League With AWS, Alpha Season Begins Sept 11

According to Foresight News, Minds, an AI Agent platform under Animoca Brands, partnered with AWS to launch a virtual football league, with the Alpha season registration now open and matches set to begin on September 11, 2026. The Alpha season will host up to six leagues with a maximum of 2,000 teams per league. Teams will compete in five-on-five football matches three days weekly, controlled by participants through natural language instructions. Winning teams from the six league championships a
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08:38
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SK Hynix, Micron Surge on GPT-6 Astra Launch; Philadelphia Semiconductor Index Up 3.37% on September 4-5

According to Maeil Economic Daily, semiconductor stocks surged on September 4-5 following OpenAI's release of GPT-6 Astra, an AI agent with enhanced capabilities. SK Hynix ADR jumped 8.14% and Micron rose 6.10%, while the Philadelphia Semiconductor Index climbed 3.37%. The rally contrasted sharply with broader U.S. market weakness: the Dow Jones fell 0.51%, S&P 500 declined 0.38%, and Nasdaq dropped 0.29%, pressured by stronger-than-expected August employment data fueling Federal Reserve rate hi
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08:38
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South Korea's Listed Companies' Inventory Assets Surge 18.6% in H1 2026, With Chips Rising and Autos Falling

According to FnGuide's analysis of H1 2026 earnings reports, inventory assets of 1,850 listed companies surged 18.6% to 353.6 trillion won from 298.3 trillion won a year earlier. Semiconductor and shipbuilding sectors showed strong growth on export demand, while automotive and chemical industries faced headwinds. Samsung Electronics' inventory assets increased over 20 trillion won in H1 2026 as memory chip prices rose amid strong demand, reaching 71.4 trillion won from 51 trillion won year-over-
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08:32
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Hyperliquid's Largest ZEC Short Position Faces $23.57M Unrealized Loss

According to Ai Yi monitoring, Hyperliquid's largest ZEC short position currently faces an unrealized loss of approximately $23.57 million. The position is held by Garrett Bullish, a trader who previously liquidated a $230 million account. The current 32,759.57 ZEC short position is valued at approximately $38.18 million on 2x leverage, with an entry price of $444 and liquidation price of $2,566. ZEC has risen to become the 10th largest cryptocurrency by market capitalization.
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HYPE2.41%
08:30
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U.S. 10-Year Treasury Yield Hits 4.78%, Highest Since November 2023, as CPI Looms Over FOMC Decision

According to Federal Reserve and CME FedWatch data, U.S. Treasury yields reached their highest levels in nearly three years on September 4, with the 10-year yield rising to 4.784% and the 2-year yield climbing to 4.368%. The 30-year yield also increased to 5.245%. Market participants are looking to August consumer price index data, set to be released later this week, as a critical factor in determining the Federal Reserve's September 15-16 policy decision. If the CPI reading significantly exceed
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08:30
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Trader Loracle Launches Zero-Fee Pons Fork After Building $23M Short Position

According to BlockBeats, on September 6, trader Loracle launched a zero-fee fork of the Pons token platform called pez.family using the Fable 5.1 AI model, as Pons approached a $1 billion market valuation. Loracle currently maintains a $23 million short position in PONS with an average entry price of $0.65 and a liquidation price of $1.82, currently facing approximately $7 million in unrealized losses. The move to introduce a competing platform with no transaction fees is seen as an attempt to u
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08:30
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George Russell's Odds for 2026 F1 Italian GP Victory Surge to 49%, Up 13% in 24 Hours

According to PPP prediction market tool monitoring Polymarket, George Russell's probability of winning the 2026 F1 Italian Grand Prix surged to 49% over the past 24 hours, up 13%. Additionally, Pierre Gasly's winning odds unexpectedly jumped from 0% to 6%. The Italian GP race is set to begin at 9:00 PM Beijing time today at the Monza circuit.
08:29
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AI Company Humain Seeks $2.5 Billion to Establish Data Center Investment Fund

According to ChainCatcher, AI company Humain is seeking to raise $2.5 billion to establish an investment fund focused on financing data centers. The fund will support a 250-megawatt data center capacity being built in partnership with Al Moammar Information Systems, with potential expansion to 1 gigawatt in the future. Humain is backed by Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), and is advancing local AI computing infrastructure to meet growing computational demand
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08:20
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SpaceX Surges Back Above $2T Valuation on AI Infrastructure Expansion Hopes

According to Daily Economy, SpaceX stock rose 29.1% over the past month to close at $147.95 on September 4, returning the company's valuation above $2 trillion. The rally was driven by investor optimism over the company's AI computing business, with major brokerages raising price targets. Oppenheimer increased its target to $280 from $250, citing faster-than-expected AI computing revenue growth. JP Morgan maintained a $240 target, while Bernstein raised its target to $248. Analysts project Space
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