Gate Crypto Flash News and Market Updates

According to Bloomberg, on Monday (August 31), Hyperliquid Labs is nearing a partnership with Payward, the parent company of Kraken, to offer crypto perpetual futures to U.S. traders through Payward subsidiary Bitnomial. Under the arrangement, Bitnomial would provide registered U.S. users access to perpetual contracts linked to markets on Hyperliquid's decentralized exchange. Payward has already pitched the Commodity Futures Trading Commission with the structure outline but is still awaiting fin

According to The Block, OpenSea has added full support for Solana non-fungible tokens (NFTs), enabling users to buy, sell, and trade digital collectibles on the blockchain through its platform. The rollout comes more than four years after OpenSea first launched Solana NFTs in beta in April 2022, when the offering covered only 165 collections and saw limited adoption. OpenSea's NFT support now includes popular Solana collections such as Claynosaurz, Mad Lads, BoDoggos, Collector Crypt, and Phygit

According to Jin10, on August 31, Bilame Diop, former Senegalese Defense Minister, was sworn in as the new chair of the Economic Community of West African States (ECOWAS) Commission in Abuja, Nigeria.

According to BMO, Mizuho, and Wells Fargo, shares of PG&E (PCG) and Edison International (EIX) crashed over 20% each on Monday after California's latest wildfire legislation failed to provide the financial protections Wall Street had anticipated. The selloff followed several downgrades as analysts warned that utilities remain exposed to severe wildfire liabilities not adequately addressed by the bill. BMO downgraded PCG to 'Market Perform' from 'Outperform' and cut its price target to $21 from $

According to Axios, Trump is considering limited military strikes on Iran to deter attacks on the Strait of Hormuz.

According to the U.S. Navy, USS North Dakota, a nuclear-powered attack submarine, completed its maintenance and modernization ahead of schedule and returned to fleet operations on August 29, resuming its combat-ready status.

Intercontinental Exchange and tZERO announced Monday a memorandum of understanding to collaborate on infrastructure for tokenized securities. Under the agreement, tZERO will serve as a premier design partner for digital transfer agent and broker-dealer infrastructure to support on-chain settlement of tokenized securities transactions. ICE will invest in tZERO's latest financing round and license the company's blockchain patent portfolio, which covers 103 patents across 23 patent families address

According to Mortgage News Daily, the average 30-year fixed mortgage rate jumped 6 basis points to 6.87% on Monday, marking its highest level since June 2025, as renewed hostilities in the Iran war pushed oil prices higher and drove bond yields up. The rate has climbed 12 basis points since Thursday and more than 30 basis points over the past two months. For a buyer purchasing a $450,000 home—near the U.S. national median—with 20% down on a 30-year fixed mortgage, the monthly principal and inter

According to Bloomberg, Phil Schiller, 66, stepped down from his roles leading Apple's App Store and overseeing the company's global product presentations, though he will retain his Apple Fellow title and continue involvement in undisclosed projects. Eddy Cue's Services division will now oversee the App Store, which generates over $30 billion annually, while Nola Weinstein assumes responsibility for product events. The transition marks a significant step in Schiller's gradual departure from acti

According to Wells Fargo analyst Timna Tanners, Canada's recent retaliatory tariffs on U.S. steel and aluminum products are largely symbolic in nature. Tanners noted that rising Canadian steel prices have incentivized domestic producers to retain output for the domestic market rather than export to the United States, structurally reducing metal inflows to the American market.

According to CNBC, President Trump on Monday criticized U.S. communities opposing AI data centers, saying they risk ending up "backwards and poor" if they reject the projects. Trump's Truth Social post urged communities to "let Data Reign," warning that China benefits from opposition to data center construction. The comments come as Republican campaigns confront growing voter backlash ahead of November's midterm elections. A Gallup survey in March found 70% of Americans oppose constructing AI da

According to OpenAI's announcement on Monday, the company's ChatGPT advertising platform reached a $1 billion annualized revenue run rate in less than 200 days since launch, representing 2.5% of its $40 billion total revenue. The self-service ad portal is expanding across Europe, North Africa, the Middle East, and South Asia, with approximately 26% of ChatGPT responses currently including sponsored ads that trigger when users demonstrate purchase intent.

According to Aerodrome's official announcement, Aerodrome launched the Aero Audit Contest on August 31, 2026. The contest will run for three weeks and aims to conduct essential audits to improve onchain liquidity and prepare the platform for expanded operations.

According to Aon's announcement, Aon agreed to acquire USI Insurance Services for $17 billion in cash on August 31, with the deal expected to close in the fourth quarter of 2026 subject to regulatory approval. Aon shares fell roughly 7% on the announcement, while KKR gained approximately 2%. KKR, which originally invested in USI in 2017 at a valuation of roughly $4.3 billion before adding capital in subsequent years, is realizing approximately a 6x return on its initial equity investment and 3.4

CoreWeave reported a contracted backlog of $104 billion as of Q2 2026, representing a 246% increase from $30.1 billion in the previous year, according to the company. An additional $25 billion in contracts was added in the first weeks of Q3. The crypto commentator @Filecoin highlighted the development as evidence of Filecoin's importance as a data layer amid growing demand for decentralized storage solutions.

Webull announced Monday that it is expanding into Canada's cryptocurrency market through a collaboration with Coinbase. The self-directed brokerage will operate its Canadian crypto offering on Coinbase's Crypto-as-a-Service infrastructure, leveraging Coinbase's trading and custody services. Webull's Canadian platform currently displays 10 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Solana (SOL), with additional assets becoming available. The expansion broadens Webull's Canadian s

According to Bitcoin.com News, crypto ETFs pulled in $2.07 billion this week, with Bitcoin ETFs capturing $924.48 million and Ether ETFs drawing $824.42 million. Solana, XRP, and HYPE ETFs attracted a combined $321.22 million, marking persistent institutional demand spreading beyond major cryptocurrencies.

Stand With Crypto has launched its 'On the Block' tour to engage voters and lawmakers ahead of the September 15 CLARITY Act cloture vote. The grassroots initiative has already reached cities including Cincinnati and Des Moines, bringing together crypto advocates, business owners, and policymakers to discuss the impact of digital assets on Main Street communities. The tour aims to amplify voter concerns about crypto regulation and influence legislative priorities as the crucial vote approaches.

According to the Russian Defense Ministry, Russia shot down 180 Ukrainian drones across multiple regions within its territory on August 31.

According to Gate data, Europe Stoxx 50 (EUSTX50) dropped to 6,399.94 points, down 1.2% from the previous trading session close.