Gate Crypto Flash News and Market Updates

According to BlockBeats, South Korean cryptocurrency exchange Upbit suspended deposits and withdrawals for Ontology-based digital assets on August 31, citing network checks on the Ontology network. The suspension affects Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL). Trading services for these assets remain unaffected. Upbit warned that deposits sent during the suspension period may fail to arrive or face permanent loss. Deposit address registration and withdrawal processing are also h

According to Yonhap Infomax, Japan's Nikkei 225 index closed down 93.63 points (-0.14%) at 66,311.93 on August 31, amid mixed trading driven by semiconductor-related strength. The TOPIX index rose 9.58 points (+0.23%) to 4,156.29. Both benchmarks opened lower following U.S. Federal Reserve Chair Kevin Walsh's hawkish remarks at the Jackson Hole conference on August 28, but recovered partially as SoftBank Group and other AI and semiconductor stocks rebounded, while automotive and banking sectors

According to CCTV, the Chinese Academy of Sciences' Dalian Institute of Chemical Physics and partner institutions released the Intelligent Chemical Engineering Large Model 3.0 Pro on August 31. The model breaks from traditional applications focused on knowledge Q&A and content generation, introducing a four-layer architecture: the large model analyzes chemical engineering problems and proposes solutions; intelligent agents execute tasks by decomposing complex operations and calling specialized t

According to the Hong Kong Monetary Authority, as of July 31, 2026, the Exchange Fund's total assets stood at HK$44,037 billion, down HK$599 billion from June 30. Hong Kong dollar assets decreased by HK$772 billion, while foreign currency assets increased by HK$173 billion.

According to Jin10, China Pacific Insurance's vice president Cai Zhiwei stated at the company's mid-2026 earnings conference that the insurer's 2021 investment in Longsemicon has delivered returns exceeding 20 times based on the stock's closing price on its July 27 IPO debut on the Shanghai STAR Market. Cai noted that China Pacific Insurance maintains a long-term investment philosophy and has built a pipeline of high-quality projects in its reserve library that are expected to generate attractiv

According to ChainCatcher, China's Ministry of Commerce and six other government agencies released an implementation opinion on expanding consumer goods consumption. The policy aims to strengthen research and development of key technologies, expanding applications of brain-computer interfaces and artificial intelligence in senior care products and rehabilitation devices. The initiative will promote products such as exoskeleton robots, electric wheelchairs, and smart mattresses into elderly house

According to PPP prediction market tool monitoring, an account (0xdb859a551fcf56e49416160911476bea7307152f) purchased $225,000 in prediction shares betting Spirit will defeat FURIA in the CS2 Blast tournament, at an average entry price of 66 cents per share, totaling 340,487.8 shares. The Spirit vs FURIA match is scheduled to begin at 17:00 UTC on August 31 in a best-of-three (BO3) format.

According to BlockBeats, on August 31, the U.S. August nonfarm employment report, scheduled for release on September 4, will be a key driver for crypto markets in early September. The report is expected to show payroll additions of 58,000 with unemployment at 4.1%, compared to a prior decline of 23,000 and 4.2% respectively. Prior months saw significant downward revisions, raising the stakes for this release. Meanwhile, Russia will launch the first large-scale promotional phase of its digital ru

According to GMGN data, the Meme coin derived from the film Bull Rally surged to $144 million overnight before consolidating at $114 million as of August 31. The token recorded $72.6 million in 24-hour trading volume.

According to ARK Invest analysis, Tesla and SpaceX's Terafab semiconductor project could eventually require up to $1 trillion in investment, exceeding the inflation-adjusted $704 billion cost of America's Interstate Highway System. The two companies plan an initial $16.8 billion investment with construction scheduled for December 2028, supporting at least 3,000 jobs at the Grimes County, Texas site. Tesla will hold an invite-only Cybercab event in Austin on September 3, livestreamed publicly, sh

According to Ontology's official blog, the mainnet has suspended block production on August 31 following discovery of potential security vulnerabilities during routine security checks. The core development team has implemented this precautionary measure to allow the technical team and validators to conduct a comprehensive security audit of the network and related components. Ontology confirmed no security incidents have been confirmed and no evidence of user asset loss or theft exists; ONT, ONG,

According to Korea Exchange data released on August 31, South Korea's listed ETF count has more than doubled to 1,163 from 533 since 2021, with asset managers launching 120 new products this year alone amid intensifying competition. Industry observers note that copycat strategies have become commonplace, with portfolio compositions and investment philosophies increasingly replicated across competing funds, leading to concerns about compressed margins and reduced innovation incentives. A prominen

According to Jin10 data on August 31, Pakistan stated that 6 to 7 Muslim-majority nations are interested in joining the Mecca Joint Defense Pact. Senior diplomats from Pakistan, Saudi Arabia, and Turkey met in Istanbul on Monday to discuss security and military cooperation. Pakistan's Foreign Minister Ishaq Dar said officials are developing a framework to ease accession by other countries, though he did not disclose their names. Bangladesh is the latest nation to express interest in the agreemen

According to the Hong Kong Monetary Authority, deposits held by licensed institutions in Hong Kong rose 0.9% in July 2026, with both Hong Kong dollar and foreign currency deposits each increasing 0.9%. Year-to-date through July, total deposits grew 5.8%, while Hong Kong dollar deposits rose 6.2%. Hong Kong yuan deposits increased 2.9% in July to reach 1.1254 trillion yuan.

According to ICE data, Dutch wholesale natural gas prices rose 5.1% recently to €70.10 per megawatt-hour, marking the highest level since March 19.

According to Digitalasset, on August 31, South Korea's National Tax Service plans to introduce a commercial tracking program used by domestic and international investigation agencies to monitor fund flows between digital asset wallets, aiming to close taxation gaps on personal wallet holdings. The government clarified that any gains from transfers or lending of digital assets held in personal wallets or overseas exchanges are subject to taxation. Overseas exchanges will be addressed through the

According to BlockBeats, SHEIN Pre-IPO contract on Hyperliquid plunged nearly 15% on August 31, touching a low of $5.46 and breaching the IPO price range of HK$47.6–49.5 per share, currently trading at $5.6 (approximately HK$43.9). SHEIN is scheduled to list on the Hong Kong Stock Exchange on September 1 with a valuation of $27 billion, offering approximately 280 million shares with a maximum fundraising target of about HK$138.6 billion ($17.7 billion).

According to Yonhap Infomax, on August 31, Samyang Corporation received exemption from antitrust penalties related to starch and corn syrup price-fixing, while CJ Group was ordered to pay 2.34 trillion won in fines by October 29. The fine represents 21.34% of CJ's equity as of end-2025. Samyang's original penalty of 210.3 billion won was waived under Korea's leniency program for self-reporting cartel violations.

WTI crude oil and Brent crude oil both rose more than 3% intraday on August 31, trading at $85.25 per barrel and $90.62 per barrel, respectively.

According to Yonhap Infomax, SK Ecoplant signed a stock purchase agreement with the Deoshan Consortium on August 31 to divest its entire 35.62% stake in SK Ocean Plant for approximately 410 billion won. The company will use proceeds to strengthen its semiconductor and AI infrastructure solution businesses, including semiconductor materials and industrial gases, as well as to improve its financial structure through debt repayment.