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
23:17
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Iraq to Import Gasoline Shipments Soon as Demand Surges to 38M Liters Daily

According to Iraq's Oil Ministry, the country will soon receive gasoline shipments to address domestic supply shortages that emerged days ago. Demand has surged from 33 million liters daily to 38 million liters, an increase of 5 million liters driven by public concern, according to Oil Minister Basim Mohammed Khudair.
23:16
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FHFA Director Pulte Criticizes Credit Scoring Pricing, FICO Stock Falls

On September 4, Bill Pulte, director of the Federal Housing Finance Agency (FHFA), criticized consumer credit scoring pricing as too high, triggering stock declines for FICO, Equifax, and TransUnion. Pulte stated the government is considering "bi-merge reports and stronger solutions" and directed mortgage giants to approve all lenders' use of VantageScore, FICO's competitor.
23:16
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South Korea Treasury Futures Fall on Strong U.S. August Jobs Data; 10-Year Hits 105.29

According to Seoul Bond Market, South Korea's Treasury futures fell overnight on September 5 following stronger-than-expected U.S. employment data. The 3-year contract declined 3 ticks to 103.14, while the 10-year fell 15 ticks to 105.29. U.S. non-farm payroll gains reached 162,000 in August, nearly three times the market expectation of 56,000, raising odds of a rate hike this month. The U.S. 10-year Treasury yield rose 1.50 basis points, while the 2-year yield climbed 2.80 basis points.
23:13
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South Korea Pushes Companies to Shift Pension Funds From Guaranteed Returns; 91.9% of DB-Type Assets Currently in Safe Products

According to South Korea's Ministry of Employment and Labor and Financial Supervisory Service, the government recommended in August that companies managing defined-benefit (DB) pension plans set minimum return targets based on wage growth rates. As of end-2025, DB-type pensions account for 228.9 trillion won, or 45.7% of the nation's total 501.4 trillion won in retirement assets. DB-type funds remain heavily concentrated in guaranteed-return products at 91.9%, with 2025 annual returns of just 3.
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23:12
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FinCEN Identifies $12.7B in Crypto Transactions Linked to Overseas Scam Centers Based on 33,000+ Reports

According to FinCEN, the U.S. Treasury Department's Financial Crimes Enforcement Network identified approximately $12.7 billion in cryptocurrency transactions linked to suspected scam operations run by overseas criminal organizations. The figure comes from analysis of more than 33,000 reports filed between September 2023 and December 2025, covering activity linked to pig butchering, romance scams and cryptocurrency confidence schemes where victims are persuaded to transfer money into fraudulent
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23:11
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Grayscale Reports Tokenized Equity Trading Volume Hits $3B in August

According to Grayscale, tokenized equity trading volume peaked at nearly $3 billion in August. The report indicates that only about 5% of this trading volume is currently deployed in onchain finance. Robinhood Chain, BNB Chain, and Solana accounted for most of the trading activity, suggesting significant room for growth as regulatory frameworks develop.
SOL-2.31%
23:07
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Citi Delays Fed Rate Cut Forecast to June 2027 After Strong August Jobs Report

Citi has pushed back its forecast for the Federal Reserve's first rate cut to June 2027, up from an earlier projection of October 2026, after stronger-than-expected U.S. employment data in August. The U.S. economy added 162,000 nonfarm jobs in August, exceeding market expectations, while the unemployment rate held steady at 4.1%. Under its revised baseline scenario, Citi now expects the Fed to cut rates by 25 basis points in June, September, and December 2027, compared to its prior forecast of c
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22:56
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Geyser Rejects Cuba Bitcoin Project Over US Sanctions Compliance

According to Bitcoin.com News, Geyser crowdfunding platform recently rejected a Cuba Bitcoin project over US sanctions compliance concerns, citing a failed wallet sanction check. Cuba Bitcoin, a community fostering crypto adoption and infrastructure for Cubans, accused Geyser of acting as a financial gatekeeper. Forte11, part of the Bitcoin Cuba collective, noted that their project infrastructure and wallet were registered outside Cuba and argued that Geyser should be transparent: if the real re
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BTC-1.86%
22:30
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U.S. Dollar Rises 0.18% to 99.145 on Strong August Employment Data

According to Yonhapinfomax, on September 4 afternoon (US Eastern Time), the U.S. dollar strengthened as better-than-expected employment data boosted expectations for Federal Reserve policy action. The dollar index (DXY) rose 0.18% to 99.145. The dollar-yen exchange rate climbed 0.313% to 156.239 yen, while the euro-dollar rate fell 0.122% to 1.16145 dollars. U.S. nonfarm employment increased by 162,000 in August, roughly triple the market expectation of 56,000 according to the U.S. Department of
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22:25
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Robotis Posts Profitable Q2, Stock Surges 22.54% on Sept 4; Goldman Sachs Sets 630,000 Won Target

According to Seoul Economic, Robotis (108490), a robot component manufacturer, posted its first profitable quarter on Sept 4, prompting sharp stock gains. The company's Q2 revenue reached 15.4 billion won (up 95.1% year-over-year) with operating profit of 2 billion won (up 726%), beating market consensus by 14.3% and 80.2% respectively. The stock closed up 22.54% to 304,500 won. Goldman Sachs set a price target of 630,000 won, roughly double the current level. North America and China revenue sur
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22:24
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Trump to Sign Executive Order Allowing Ranchers to Self-Process Beef

According to Guru Club, President Trump will sign an executive order on September 5 allowing ranchers to directly process and sell beef to consumers. The order will grant farmers the right to self-process food products and enable large, medium, and small-scale ranchers to sell directly to consumers. The executive order will also simplify health and safety regulations in the beef industry.
22:21
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Binance Signs Three Strategic MoUs in Kazakhstan for Digital Finance Advances

According to Binance CEO Richard Teng, the exchange recently signed three strategic Memoranda of Understanding in Kazakhstan focusing on stablecoin research, new payment solutions, and integrating digital assets into investment infrastructure. The agreements are part of Kazakhstan's broader digital finance initiative aimed at advancing its digital economy.
22:21
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Ethereum Post-Quantum Signature Verification Costs Drop 6.6x to 1.23M Gas

According to @FireblocksHQ, Ethereum's post-quantum signature verification costs have recently dropped to 1.23 million gas, down from 8.09 million gas—a 6.6x reduction. The development marks a significant improvement in transaction efficiency and is expected to enhance security measures and encourage adoption of post-quantum cryptography within Ethereum's ecosystem.
ETH-1.81%
22:19
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Trump Confirms Vought and Kushner Will Visit Russia and Ukraine on September 4

President Trump confirmed on September 4 that his envoy Keith Vought and son-in-law Jared Kushner will visit Russia and Ukraine to present a plan to end the war. Speaking at the White House, Trump said the Ukraine crisis "must be resolved" and stated the two would travel to Moscow and Kyiv to explore possibilities for a resolution.
22:19
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Gold Rebounds Above $4,600 Per Ounce as U.S. Treasury Yields Ease and Dollar Weakens

According to South Korea's Gold Exchange, gold prices rebounded on August 23-24, driven by falling U.S. Treasury yields and a weakening dollar. International spot gold surged above $4,600 per ounce, while South Korea's gold price rose 0.58% to 865,000 won per gram (3.75 grams) on August 24. The rebound was fueled by dovish comments from Federal Reserve officials, which eased market expectations for a September interest rate hike, combined with yen strength pushing the dollar index lower. Since g
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