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.
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06:31
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Ethereum Foundation Sets 2029 Target for Quantum-Safe L1 With Hegotá Upgrade; 62 EIPs Listed

According to The Block, the Ethereum Foundation's protocol team released a prioritized list of 62 EIPs for the upcoming Hegotá upgrade, with December 2029 set as the target date for achieving full quantum resistance. Two critical S-tier proposals include FOCIL (EIP-7805) on the consensus layer and framework transactions (EIP-8141) on the execution layer. The foundation stated the timeline aligns with quantum migration targets from Google, Cloudflare, and Microsoft, with the January 2027 deadline
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ETH-1.47%
06:31
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Goldman Sachs Raises Gold to Overweight as August U.S. Nonfarm Payrolls Rise 162,000

According to Goldman Sachs report on September 7, U.S. nonfarm payrolls added 162,000 in August with unemployment holding steady at 4.1%, reigniting market expectations for September rate hikes. Despite rising real Treasury yields, gold rallied and was upgraded to overweight by Goldman Sachs with a 12-month price target of $5,275 per ounce, implying approximately 19% upside.
06:27
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Samsung's Taylor 2nm Fab to Enter Trial Production by End of September With Orders at Full Capacity

According to South Korea's Munhwa Ilbo, Samsung Electronics' Texas Taylor semiconductor fab will enter trial production by end of September, with initial monthly capacity of approximately 50,000 wafers. The facility's 2nm orders are already approaching full capacity ahead of production ramp-up, driven by demand from Tesla, Broadcom, and Arm for next-generation AI chips. Samsung has invested $37 billion in the Taylor fab since 2022. The company's 2nm yield rate has improved to approximately 80% f
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06:24
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Japan's 5-Year JGB Auction Bidding Ratio Falls to 3.42x on September 8, Misses Prior and Average

According to Japan's Ministry of Finance, on September 8, Japan's 5-year government bond auction recorded a bidding ratio of 3.42x, falling below the prior auction's 4.15x and 12-month average of 3.44x. The tail—the difference between the average and lowest accepted prices—expanded to 0.04 yen from the previous 0.02 yen, suggesting weaker bidding demand. The 5-year JGB yield fell 2.66 basis points to 4.8093% as of 1:03 p.m. local time.
06:24
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Turtle Capital CEO Matthew Tuttle Dismisses Leveraged ETF Role in Korean Market Decline

According to Yonhap Infomax, Matthew Tuttle, CEO of Turtle Capital Management, said on September 8 that bonds are not attractive at current interest rate levels due to unsustainable government debt globally and inflation pressures. He noted that U.S. official inflation is reported at 3.5%, but he estimates actual inflation closer to 11–12%, requiring bond yields to rise significantly before becoming investable. Tuttle identified artificial intelligence infrastructure bottlenecks as key investmen
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06:23
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South Korea's FSS Probes Bithumb Trading Concentration as Platform Ends API Fee Waiver on Sept 6

According to Yonhap Infomax, South Korea's Financial Supervisory Service (FSS) on September 8 launched an investigation into trading concentration at Bithumb following the platform's suspension of its open API fee waiver on September 6. Bithumb had offered zero trading fees for open API transactions from August 21 but ended the promotion after just 17 days. The FSS is examining whether the fee waiver encouraged artificial trading volume and potential market manipulation, particularly given that
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BTC-1.67%
06:23
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China Approves 84 New Key Foreign Investment Projects Worth $19.46B, Including AstraZeneca Global R&D Hub

According to the Ministry of Commerce, announced recently at the 26th China Investment Promotion Conference, the ministry approved 84 new national key foreign investment projects, including six flagship initiatives: AstraZeneca Global Strategic R&D Center, Qingding AI Server and High-Speed Optical Module Project, Saudi Water and Power Company Green Power Connection Project, Amcare Beijing International Medical Innovation Center, Fujian Benz Phase II Construction Project, and Yuntop Group Guotou
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06:22
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BULK Compensates 385 Users $231,401 for Previous Day ADL Event

According to BULK announcement, users affected by the previous day's automatic deleveraging (ADL) event have received full compensation of $231,401.26 across 385 wallets, with an additional 10% granted as gratitude for early traders. Trading will resume following the platform upgrade.
06:21
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ECB Expected to Raise Key Rate Thursday Amid Eurozone Inflation at 3.3%

According to BlockBeats, the European Central Bank is expected to raise its key interest rate on Thursday (Sept. 11) for the second time since the Iran-U.S. conflict escalated, though it is likely to signal caution on further tightening. Eurozone inflation reached 3.3% in August, the highest level in three years, well above the ECB's 2% target. Policymakers remain concerned about potential second-round inflation effects as energy prices stay elevated, particularly ahead of winter heating demand.
06:21
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Alibaba Releases QoderWake 1.0 Digital Employee Product With 10 Built-in Job Roles

According to Sina Finance, Alibaba has released QoderWake 1.0, a digital employee product that generates customized roles based on natural language descriptions. Users describe job requirements in one sentence, and the system generates a role document for modification and configuration, creating a digital employee with knowledge of job responsibilities, collaboration relationships, and work permissions. The product currently includes 10 pre-built roles: front-end developer, back-end developer, p
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06:20
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South Korean Brokerages Forecast KOSPI in 6,300-8,500 Range in September as Market Awaits Rate Clarity

According to a composite forecast from 13 South Korean securities firms, the KOSPI index is expected to trade within a narrow range in September 2026 as market sentiment remains hinged on interest rate movements and foreign investor flows. Samsung Securities projected a September range of 6,500-8,500, Shinhan Investment Securities 6,600-8,000, Yuanta Securities 6,700-8,100, and Kiwoom Securities the most conservative at 6,300-7,600. The consensus reflects growing concern over valuation-earnings
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06:20
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Nvidia, NextEra Energy, Dominion Energy, and Vertiv Announce M&A Deals Worth Over $80B on Sept. 2-3

On Sept. 2-3, major U.S. corporations announced or secured regulatory approval for significant M&A transactions. Nvidia acquired open-source AI company Hugging Face for $12.93 billion on Sept. 3, gaining control of a major segment of the open-source AI ecosystem. NextEra Energy and Dominion Energy shareholders also approved their merger on Sept. 3, expected to create the world's largest electric utility by market capitalization, with combined equity value of $66.8 billion. Separately, Vertiv ann
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06:16
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South Korea's Finance Ministry Meets Moody's, Euro Bonds Hit Record-Low Spread on September 8

According to South Korea's Ministry of Economy and Finance, on September 8, the Ministry held a meeting with Moody's Vice President Maria Lee to discuss the country's 2027 budget proposal and recent economic conditions. Moody's positively evaluated the budget plan and the newly established Future Response Fund, stating they "seek balance between fiscal soundness and securing future growth drivers," and expressed optimism about South Korea's economic outlook. The Ministry highlighted that South K
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06:13
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Apple Shifts Strategy, Signs 3-5 Year NAND Deal Without Fixed Price Cap to Secure Supply

According to South Korean outlet Economic Forum reported on September 8, Apple has signed a long-term NAND flash memory supply agreement with Japan's Kioxia, marking a strategic shift from traditional aggressive pricing tactics to volume commitments. The agreement spans 3-5 years with no fixed price ceiling, a rare move for the world's largest electronics buyer historically known for ruthless cost negotiation. The shift reflects artificial intelligence's severe pressure on memory chip production
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06:12
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Ethereum EIP-8141 to Allow Gas Payments Without ETH Holdings, Planned for 2027 Hegotá Upgrade

According to CoinDesk, Ethereum core developers included EIP-8141 (Frame Transactions) in the planned Hegotá upgrade, expected to launch in 2027. The proposal allows one account to pay gas fees on behalf of another user, enabling transactions using stablecoins without holding ETH. It also enables bundling token approvals with transactions and supports quantum-resistant key alternatives. The proposal remains in draft stage, with specific details subject to adjustment before final implementation.
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ETH-1.47%
06:12
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Republican Lawmakers Propose Raising Social Security Taxes on High Earners to Avert 2032 Benefit Cuts

According to Roll Call, U.S. Republican lawmakers including Rep. Lloyd Smucker of Pennsylvania and Sen. Bernie Moreno of Ohio have recently proposed raising Social Security payroll taxes on high earners as a potential solution to prevent looming benefit reductions. Under Social Security trustees' 2026 projections, the Old-Age and Survivors Insurance trust fund is expected to exhaust reserves in the fourth quarter of 2032, after which incoming revenue would cover only about 78% of scheduled benef
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