Gate Crypto Flash News and Market Updates

According to lawyer Ariel Givner, Ledger faced a collective lawsuit today (September 3) over a December 2023 data breach, with plaintiffs alleging the company downplayed the incident and failed to promptly disclose it. The breach exposed customer names, emails, and phone numbers, which hackers subsequently used to impersonate Ledger and trick users into approving fraudulent transactions. The data eventually circulated on the dark web and black markets. Plaintiffs cited a pattern of negligence in

Brent crude oil declined 1.0% intraday, trading at $94.67 per barrel on September 3.

According to Beating AI, enterprise AI platform Wonderful completed a $550 million Series C funding round at a $5 billion valuation in early September. Insight Partners led the round, with Salesforce participating as a new investor. The company's valuation has surged 2.5 times since March, when it raised $150 million at a $2 billion valuation. Wonderful's annualized revenue has reached approximately $70 million, with targets exceeding $100 million by year-end, up from $7 million in December 2025

According to Kommersant, Russia's Digital Currency and Digital Rights Law took effect on September 1 but full domestic crypto trading remains suspended pending Central Bank regulatory guidance expected in early December. The law currently addresses only cross-border foreign exchange transfers. Sberbank plans to complete digital custody infrastructure by December 1, while Finam expects to launch services in early 2027. Central Bank Governor Elvira Nabiullina confirmed that transferring crypto ass

According to Circle, the stablecoin issuer added EURC (Euro Coin) to its Cross-Chain Transfer Protocol (CCTP) on September 2, enabling native transfers of the euro-denominated stablecoin across blockchains. EURC support launched initially on Ethereum and Base, using the same Burn-and-Mint mechanism as USDC, where tokens are burned on the source chain and newly minted on the destination chain. This consolidates fragmented liquidity across supported blockchains and accelerates cross-chain payments

According to TradingBeats, on September 3, a trader at address 0xbf34 was holding 151,515 LIT tokens with an average entry price of $1.2643, generating unrealized gains of $397,000 with a 1,036% return on 5x leverage. The trader initially attempted a long position on January 31 with an average exit price of $1.37, realizing a loss of approximately $17,900. After LIT fell to near-term lows in late March, the trader re-entered on April 1 at $0.858, just 10% above the March 31 low of $0.78. The ini

According to Jin10, Japanese yen strengthened during Asian trading on September 3 amid speculation over Bank of Japan rate hike plans. The currency rallied sharply during the previous U.S. session, triggering market speculation of possible Japanese government intervention. BOJ hawkish member Takahiro Tatsuta's recent comments on rate-hike pace, combined with market expectations that Japan's Government Pension Investment Fund (GPIF) may reconsider asset allocation, have supported the yen. Malaysi

According to Yonhap Infomax, Palantir Technologies (PLTR) stock fell 5.81% to close at $169.46 on September 2, despite the company securing a U.S. Army production contract for its TITAN (Tactical Intelligence Targeting Access Node) AI system and announcing the appointment of former AIG CEO Peter Zaffino as global financial services head. Analysts attributed the decline to profit-taking pressure amid a soaring price-to-earnings ratio of 144x, which has raised valuation concerns for the growth sto

According to U.S. Attorney General Todd Blanche, this week hackers launched a password recovery attack targeting hundreds of thousands of X users. The platform said it successfully blocked the attack to prevent account takeovers. The Department of Justice is working closely with X to identify the attackers.

According to BlockBeats, Robinhood chain DEX trading volume reached an all-time high of $1.89 billion in the past 24 hours, according to Dune data. The Pons launchpad platform dominated token offerings with 24,010 tokens issued in the same period, while generating $5.95 million in protocol fees—ranking fourth across all platforms.

According to U.S. Attorney General Todd Blanche, X platform users were targeted by a large-scale password recovery attack this week. The attack affected tens of thousands of users, but X successfully blocked the assault to prevent account hijacking. The U.S. Department of Justice is working closely with X to investigate and track down the attackers.

According to Beating AI, AI consumer research company Conveo has completed a $50 million Series A funding round, bringing total funding to $55.8 million. Investors include DST Global Partners, Balderton, Visionaries, 6 Degrees Capital, and Y Combinator; the new capital will be deployed for U.S. expansion. Conveo's platform enables AI to conduct interviews with consumers via video, voice, or text, dynamically asking follow-up questions rather than adhering to fixed questionnaires. The company rep

According to PRNewswire, Hyperscale Data ceased all Bitcoin mining operations at its Michigan facility on Wednesday (Sept. 3) to convert the site into an artificial intelligence data center. The shutdown follows inspection by an unnamed California-based AI provider that contracted for 20 megawatts of computing capacity under a 10-year master services agreement, estimated to generate over $1.2 billion. The company has also sharply reduced its Bitcoin treasury to fund the AI expansion. Hyperscale

According to Jin10 data on September 3, Europe's natural gas storage remains insufficient as summer ends, with a potential global supply competition that could drive up winter prices. To meet the minimum 75% storage target, Europe currently needs to add over 100 terawatt-hours (TWh) of natural gas, valued at approximately 7 billion euros (about $8.1 billion), at an unprecedented pace since the 2022 energy crisis. Goldman Sachs, Rystad Energy, and Morningstar have warned that this supply squeeze

According to Jin10 data, approximately 90,000 tons of South Korean diesel will be shipped to northwest Europe this month via the tanker Priamos, with likely destinations being the UK or Rotterdam. The trade, facilitated by Trafigura, marks a rare route spanning over 12,000 nautical miles and likely transiting the Suez Canal. The shipment is driven by a significant price premium for European diesel; according to PVM Energy brokerage, the price spread between European and Asian diesel has recently

According to Kraken's official announcement on September 3, the cryptocurrency exchange's derivatives division will suspend trading of 77 perpetual futures contracts on October 1 at 9 p.m. (Korea time). The delisted contracts include those based on assets such as 2Z, AEVO, AIXBT, AKT, ALT, ANKR, ARKM, AR, BLUR, CELO, ENJ, GMT, GMX, IOTA, MINA, NEO, THETA, VET, ZIL, and ZRX. Some perpetual futures will cease trading earlier: four contracts (SUN, MTL, IOST, XVS) will be suspended on September 3, w

According to the Injective Foundation statement on Sept. 1, the layer-1 blockchain experienced approximately four hours of block production disruption on Aug. 31 in response to an exploit linked to core protocol modules. The network underwent an emergency upgrade to contain the incident. The foundation maintained that its consensus mechanism, native INJ tokens, and staked assets remained secure, though validators were temporarily jailed if they failed to complete the upgrade within the required

According to Korea Exchange, South Korea's KRX banking index surged 5.69% over the past week, marking the strongest performer among all KRX indices. The Bank of Korea raised its benchmark interest rate to 3.0% on August 27, delivering two consecutive monthly hikes. Banking stocks benefit as higher rates typically expand the net interest margin—the difference between lending and deposit rates—driving profit growth. Key constituents including Woori Financial Group, Shinhan Financial Group, and Han

According to PPP prediction market tool, the probability of GPT-6 being released by September 15 on Polymarket surged to 88%, up 45% in 24 hours. The probability of release by September 30 reached 90%, up 34% over the same period. The market contracts resolve to 'Yes' if OpenAI publicly launches GPT-6 (including open beta or waitlist access) before the specified dates, with settlements based on official OpenAI announcements and credible media coverage.

According to Odaily, trader BonkGuy has been monitoring trading opportunities across Robinhood Chain, Solana, BNB Chain, and Base over the past week. BonkGuy expects that while Robinhood Chain has been the primary focus recently, Solana, BNB Chain, and Base are likely to become key market attention drivers in the coming period.