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
11:22

BlackBerry Backs $950M QNX Robot Orders, Stock Doubles This Year

According to CNBC, BlackBerry's share price has doubled this year as the company's QNX software division, which is embedded in 275 million vehicles, accelerates its robotics expansion. The company has built a backlog of $950 million in orders for QNX, with robotics representing one of the fastest-growing segments in the portfolio. CEO John Giamatteo highlighted that BlackBerry's high safety standards for automotive software position the company well for industrial robots, factory automation, and
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11:22

Federal Judge Rules Pentagon's Anthropic Blacklist Violated First Amendment on Aug. 27

According to Reuters, U.S. District Judge Rita Lin of the Northern District of California issued a permanent injunction on Aug. 27 blocking the Department of Defense from enforcing its "supply chain risk" designation against Anthropic. In her 59-page order, Lin found the Pentagon's measures constituted unlawful retaliation in violation of the First Amendment, stating the agency targeted Anthropic for publicly criticizing government contracting terms rather than any credible national security thr
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11:19

South Korea IPO Market Plunges in Q3: Newly-Listed Stocks Fall Average 28%, First-Day Returns Hit -4.62%

According to the Korean Exchange, 10 newly-listed companies on South Korea's domestic stock market in Q3 saw an average decline of 28.46% from their offering prices, with nine of the ten trading below IPO levels on their first trading day. The first-day average return for Q3 IPOs was -4.62%, a sharp reversal from Q2's stellar 132.47% average first-day gain, when firms like Machina Rocks, Cosmo Robotics, and Poled doubled or quadrupled in value on debut. Analysts attributed the collapse to market
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11:19

Jongeundang Group Chairman Transfers All Shares to Children; Eldest Son Gets 5.32% Stake on Aug 28

According to E Daily and financial regulator filings, Jongeundang Group Chairman Lee Jang-han transferred all his Jongeundang shares to his three children on August 28. Eldest son Lee Ju-won received 528,807 shares, increasing his stake to 5.32%, while daughters Lee Ju-kyung and Lee Ju-ah each received 395,000 shares, raising their stakes to approximately 4.04% each. The transfer is scheduled to complete between September 30 and October 29.
11:17

ETH Spot ETF Sees Record $234M Inflows on August 28, Surging Past BTC Momentum

According to BlockBeats, on August 28, Jiang Zhuoer, founder of Laibit Mining Pool (B.TOP), stated that Bitcoin spot ETF saw inflows of $242 million while Ethereum spot ETF received $234 million in inflows on the day. Despite ETH representing only 18.8% of Bitcoin's total market capitalization, it absorbed inflows equivalent to 96.8% of BTC's volume, signaling substantially stronger capital demand. Against the backdrop of persistent inflows, the market has maintained a consolidation pattern with
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11:17

China Encourages Banks to Issue Mortgage-Backed Securities to Support Housing Market on August 28

According to Jin10, on August 28, the People's Bank of China and the National Financial Supervision Administration issued guidance to encourage eligible banks to issue credit asset-backed securities using personal mortgages as underlying assets, with the goal of dispersing credit risk and increasing lending capacity. The guidance also allows banks to work with borrowers facing temporary income loss to adjust repayment plans through measures such as extended payment terms, loan deferrals, or dela
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11:17

BlackBerry Stock Doubles in 2026 as Company Pivots to Automotive Software and Robotics

BlackBerry's share price has doubled in 2026 as investors reward the company's strategy shift toward critical software for autonomous vehicles and industrial robotics, CEO John Giamatteo told CNBC's The Tech Download. The company's QNX operating system, embedded in 275 million vehicles globally, now serves as a foundation for physical AI applications including robotics, which Giamatteo described as "one of the fastest-growing businesses inside the QNX portfolio." BlackBerry maintains a backlog o
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11:15

ESA Signs Contracts with European Launch Startups Worth 543.6M Euros

On Thursday, the European Space Agency signed contracts with three European launch startups to support the development of small launch vehicles, as part of its European Launcher Challenge initiative to expand European launch service supply. Rocket Factory Augsburg received 186.9 million euros for its RFA One rocket, PLD Space received 158.9 million euros for the Miura 5 rocket, and Isar Aerospace received 197.8 million euros for its Spectrum launcher. The funding is supported by multiple Europea
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11:14

CRWD, OKTA, ZETA Surge to 52-Week Highs on Strong Q2 Earnings

Three technology stocks soared to 52-week highs on Thursday following strong quarterly results. CrowdStrike Holdings (CRWD) jumped 20% to $229.08 after reporting Q2 revenue of $1.47 billion, up 26% year-over-year, with record net new annual recurring revenue of $333 million. Okta (OKTA) surged 29% to $174.85 on Q2 revenue of $805 million, exceeding Wall Street estimates of $793 million. Zeta Global Holdings (ZETA) climbed 7% to $30.39, extending momentum from its earlier-month earnings beat that
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11:13

Marvell Stock Drops 8.2% After Q2 Miss Despite $120B Google Custom Chip Deal

Marvell Technology's shares fell 8.2% in early premarket trading following its Q2 earnings report on August 27, marking the stock's worst single-day decline in over a month. The decline occurred despite the chipmaker's announcement of a major custom chip agreement with Google that could generate up to $120 billion in revenue through fiscal 2033. Marvell reported strong Q2 results with sales rising 37% to $2.74 billion, beating expectations of $2.71 billion. However, the company's long-term reven
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11:13

TTWO Stock Rises Overnight After Netflix Airs 27-Minute GTA 6 Extended Look

Take-Two Interactive's stock rose overnight after Netflix aired 27 minutes of "Grand Theft Auto VI" gameplay on Thursday, according to Stocktwits. The reveal came days after a hacker group called CyberLeek circulated unfinished GTA 6 footage online, prompting Rockstar Games to call the breach "heartbreaking" in its first official statement on Wednesday. TTWO traded over 2% higher ahead of Friday, while retail trader sentiment on Stocktwits shifted to "extremely bullish," with message volume surg
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11:13

U.S. Patriot Ammunition Supplies Strained in Europe as Stocks Transferred to Middle East

According to U.S. defense officials on August 27, U.S. troops and NATO forces stationed in Europe face critical Patriot interceptor ammunition shortages. The Pentagon stated that American forces in Europe have "absolutely" insufficient Patriot interceptor rounds to counter sustained ballistic missile attacks, with defensive capability against single-missile strikes described as "very limited." NATO officials confirmed that both U.S. and NATO units are experiencing ammunition supply constraints,
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11:13

Hyundai Motor Sets 2030 Operating Margin Target of 9%+ at Investor Day, Stock Closes Flat

According to Korea Exchange, Hyundai Motor announced its 2030 operating margin target of above 9% at a CEO Investor Day on August 28, with shares closing at 399,500 won, up 0.38% on the day. The announcement marks a significant mid-to-long-term strategic milestone, though shareholder concerns persist regarding the stock's substantial decline from its annual high of 750,000 won.
11:12

State Street Software ETF Hits All-Time High With 5.2% Rise on Thursday

According to Axios, on Thursday the State Street Software and Services ETF rose 5.2%, hitting a new all-time high. Salesforce stock surged 22.6% on the same day following strong second-quarter earnings released Wednesday and an expanded partnership with Anthropic, which investors viewed as a sign that artificial intelligence would complement the company's business rather than threaten it.
11:11

Bullish Provides $100M Debt Financing to USD.AI for GPU-Collateralized Lending

According to ChainCatcher, Bullish announced providing $100 million debt financing to USD.AI to support GPU-collateralized lending. The financing will enable USD.AI to provide liquidity for AI infrastructure funding through tokenization. USD.AI, developed by Permian Labs, currently has over $225 million in locked crypto assets. Bullish also plans to list USD.AI's sUSDai token and open multiple trading pairs to provide secondary market access for GPU-backed debt exposure.
11:08

IMAX Stock Hits $54.79 All-Time High, Yet No Major Buyers Emerge Nine Months After CEO Opens Door to Sale

According to CNBC, IMAX CEO Rich Gelfond opened the door to a potential sale in December, but nearly nine months later no major suitors have materialized. The company held preliminary talks with potential buyers earlier this year but has not received formal pitches, nor has it hired new investment bankers or formalized a pitch book, sources told CNBC. Meanwhile, IMAX's stock has surged to an all-time high of $54.79 this week, up nearly 80% over the past 12 months, with the company's market cap n
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11:06

240 UK Crypto Millionaires Declared £717M in Gains During 2024-25 Tax Year: HMRC

According to the UK's tax authority HMRC, 240 individuals each declared more than £1 million in cryptoasset capital gains during the 2024-25 tax year, collectively reporting £717 million in total gains. This group represents fewer than 2% of the 17,600 people who reported crypto disposals, yet accounted for over half of the £1.38 billion in taxable gains generated from £13.8 billion in disposal proceeds. Under the OECD's Cryptoasset Reporting Framework, exchanges must begin providing customer da
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11:06

Perp DEX Trading Volume Rebounds 9.1% in August, Hyperliquid Leads Growth

Gate News message, the combined trading volume of the Top 8 perpetual decentralized exchanges reached $423 billion over the past 30 days, increasing 9.1% compared with the previous 30-day period. HyperliquidX led the growth at 21%, followed by AsterDEX at 19%, variationalio at 16%, and Lighterxyz.
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11:05

Jensen Huang Says Frontier AI Labs Like OpenAI Are 'Once-in-Generations' Investment for Nvidia

According to a recent CNBC interview, Nvidia CEO Jensen Huang stated that frontier AI labs such as OpenAI and Anthropic represent companies that appear "once in several generations," positioning them as exceptional investment opportunities. Huang said Nvidia aims not only to be their supplier but also their investor and long-term partner. He noted that these AI companies face rapid growth in customers and token usage, with compute capacity—not demand—now being the primary constraint on their exp
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11:05

EU Intelligence Agencies Find No Evidence of Russian Attack Plans on NATO, Official Says

According to a senior EU official on August 27, European intelligence agencies have not found evidence that Russia is planning to attack NATO European member states. The official stated: 'Overall, European intelligence agencies have not seen the risk of Russian attacks on European countries, and this assessment has not changed.' The assessment equally applies to NATO's European members, with no signs of Russian attack preparations currently detected.