Gate Crypto Flash News and Market Updates

According to South Korea's financial investment industry, alternative exchange Nexttrade plans to introduce a single-price auction mechanism in its pre-market trading session, with implementation targeted for January 2027. The single-price auction system collects orders during a specified period and executes all transactions at a single unified price, designed to mitigate extreme price movements such as daily limit-down scenarios.

Japan's Nikkei 225 index closed up 273.58 points, or 0.41%, at 66,405.56 on Friday, August 28.

Virtu Financial, M1X Global and Tradeweb recently completed the first known repo transaction combining natively issued sovereign digital collateral with fully onchain atomic settlement. The transaction used USDM1, a U.S. dollar-denominated sovereign bond issued onchain by the Republic of the Marshall Islands and backed 1:1 by short-term U.S. Treasurys. The entire repo and repurchase cycle, including securities delivery, cash transfer and return, was settled on the Canton Network in under 10 minu

According to an open letter published August 27, 2026, over 100 technology companies, financial institutions, and cybersecurity firms—including OpenAI, Anthropic, Google, Microsoft, Amazon Web Services, Citi, Visa, and CrowdStrike—have signed a collective pledge to combat rapidly advancing AI-enabled cyber threats. The signatories warned that AI-powered cyber attacks will become "far more widespread and sophisticated" in coming months. Real-world incidents already demonstrate the threat: OpenAI

According to Morgan Stanley's Aug. 25 report, SpaceX announced a $100 billion Starbase project in Louisiana with plans for 10 launch pads across 5 complexes, with construction beginning in 2027 and first flight targeted for 2029. Morgan Stanley maintained its overweight rating and set a $300 price target, representing 118% upside from the current $137. The bank projects Starship launch costs will decline to $500 per kilogram by 2030 and below $200 per kilogram by 2035.

According to Odaily, Coinbase's newly launched US500 index perpetual contracts surpassed $100 million in 24-hour trading volume one week after launch, according to Brian Armstrong's statement on X. The index comprises the 500 largest U.S. companies and is available for trading in the United States.

According to Bitwise CEO's X post, the company has launched ATPs, a tokenized stock product that enables on-chain equity trading. The CEO stated: "Tokenized stocks are now live. We're excited to introduce ATPs. Finance, on-chain."

According to an analysis report by Hyundai Car Securities released on Aug 28, the Bank of Korea raised its base rate by 25 basis points to 3.25% on Aug 27 in a preemptive response to core inflation trends. Economist Choi Je-min stated the central bank's repeated rate hike reflects forward-looking action to address price pressures before they intensify. Choi forecasted a 60% probability the rate cycle will end at 3.25%, with a 40% chance of reaching 3.5% if additional tightening becomes necessary

U.S. stock futures traded mixed in the overnight session late Thursday as investors awaited Federal Reserve Chair Kevin Warsh's speech scheduled for Friday at the Fed's annual Jackson Hole symposium in Wyoming. Nasdaq-100 futures fell 0.05%, while Dow futures and S&P 500 futures gained 0.15% and 0.01%, respectively. The move came after all three major indexes closed higher on Thursday, with Nasdaq Composite adding 1.57%, S&P 500 rising 0.72%, and Dow Jones Industrial Average advancing 0.20%, dri

According to Seoul Economic Daily, Samsung Electronics is developing 8-layer HBM4E high-bandwidth memory to meet Nvidia's specifications for its custom NVHBM product, as of August 28. The target speed is 17–18Gbps, representing approximately 20% improvement over Samsung's earlier HBM4E samples at 14.4Gbps. The 8-layer design reduces wafer thinning, precision stacking, and backend packaging complexity while easing yield pressure and increasing supply capacity. NVHBM is expected to be deployed sta

According to Crypto Briefing, Strategy Inc. (formerly MicroStrategy) briefly ranked among the 10th-most actively traded equities in the United States in late August, generating $4.4 billion in daily trading volume and surpassing Microsoft and Meta in share turnover. On August 19, the company's stock moved 49.2 million shares; on August 20, volume reached 46.9 million shares; by August 24, it remained above 40 million shares. Strategy holds over 840,000 BTC on its balance sheet, accumulated throu

According to the Associated Press, Meta agreed to pay up to $18 billion and implement stronger child-safety measures on Facebook and Instagram on Wednesday as part of a legal settlement. The settlement resolved claims filed by nearly every U.S. state regarding teen social media addiction allegations.

According to StarkWare, the first quantum-safe Bitcoin transaction was confirmed in block 964,199 on Wednesday, August 26 at 8:48 p.m. UTC, mined by MARA Pool. The transaction combined 39,179 and 10,000 satoshis into a 44,000-satoshi output, paying 5,179 satoshis in fees, and was designed to shield coins from future quantum attacks without altering Bitcoin's consensus rules. The Quantum Safe Bitcoin (QSB) method, developed by StarkWare researcher Avihu Levy, uses "signature grinding" to base sec

According to analyst firm The Kobeissi Letter, Solana processed a record 4.2 billion transactions in July, up 13.5% from June and 91% above December 2025. On Aug. 28, validators entered the final epoch of the network's first formal governance vote, with three measures on the ballot including SIMD-0550, a proposal to accelerate disinflation by removing about 18.9 million SOL—worth approximately $1.5 billion—over six years. All three proposals met quorum by Aug. 28, with 47.29% of staked SOL parti

According to the National Pension Service (NPS) fund management division, the South Korea state pension achieved a 27% return rate in the first half of 2026, marking a historic high. As of June 28, the NPS fund accumulated assets reached 1,866.6 trillion Korean won, up 408 trillion won or 28% from 1,458 trillion won at the end of 2025, surpassing the full-year 2025 return within just six months.

According to the Financial Times, UK Chancellor of the Exchequer Jeremy Hunt shelved his target for defense spending to reach 3% of gross domestic product (GDP) by 2030, today (August 28).

According to Korea Exchange, SK Telecom established a separate entity called SK Horizon on August 28 to house its artificial intelligence data center business and secured approximately 3 trillion won in external funding. The spinoff aims to unlock independent value in the AIDC business and reduce financial burden from large-scale investments. SK Telecom's stock was trading down 1.31% at 97,800 won as of 2:50 p.m. KST.

According to Bloomberg, Nvidia filed paperwork Thursday to establish an employee-funded Political Action Committee. Eligible employees can contribute up to $5,000 annually to the PAC, which will donate to candidates from both parties. Nvidia spent more than $2.5 million on federal lobbying in 2026 and hired former Intel government affairs executive Bruce Andrews as chief external affairs officer. Meanwhile, tech billionaires are accelerating political donations. Tesla and SpaceX founder Elon Mus

According to Stocktwits, Strive Inc. (ASST) shares gained more than 7.5% at close on Thursday and are tracking their best monthly performance since May 2025, following strong quarterly results and continued Bitcoin accumulation. The company recently disclosed in a regulatory filing that it purchased 1,110 BTC between August 17–21 at an average price of $73,409 per BTC, bringing its total holdings to 21,356 BTC, or more than 1 out of every 1,000 Bitcoin that will ever exist. BTC prices have surge

According to Jin10, Tencent Hunyuan unveiled Hy4 preview on August 28, featuring 770 billion total parameters and 49 billion activated parameters with a 1 million token context length. The model demonstrates advanced performance across code, office productivity, and scientific tasks.