Gate Crypto Flash News and Market Updates

According to BlockBeats, on September 2, Hong Kong's Hang Seng Index closed down 0.96% and Hang Seng Tech Index fell 1.54%. Optical communication stocks declined, with Hon Hai (01347.HK) dropping over 4% and Accelink (03308.HK) sliding over 3%.

According to Foresight News citing Bubblemaps data, PONS generated $4.73 million in single-day fees, exceeding the combined fees of Hyperliquid, Polymarket, and Fomo at $3.46 million. At the public blockchain level, PONS fees also approached the combined total of Robinhood, BSC, and Solana at $4.65 million.

According to the Capital Market Research Institute, on September 2, Lee Seung-ho, a senior researcher from the Macro Finance Division, stated that won-denominated stablecoins could help mitigate capital outflow concerns stemming from the expansion of dollar-based stablecoins such as USDT. At a seminar on stablecoin-driven trade settlement held in Seoul, Lee noted that if won stablecoins are introduced, they could replace the role of dollar assets flowing overseas through dollar stablecoins, ther

According to Foresight News, fashion retailer SHEIN completed on-chain tokenization via xStocksFi on Solana today, the same day it listed on the Hong Kong Stock Exchange. The tokenized product SHEINx has started trading on the blockchain platform.

According to Thai SEC, the Securities and Exchange Commission filed a complaint against application service providers Holdstation and UNO on September 2 for operating digital asset brokerage without authorization. Effective October 1, 2026, access to information from these entities will be blocked. Holdstation and UNO must cease operations until authorized by the regulator.

According to The Block, Kalshi and Polymarket combined trading volume fell 14.5% to $45.33 billion in August, marking the first month-over-month decline in a year. Kalshi accounted for $37.17 billion, while Polymarket and Polymarket US combined for $8.16 billion.

According to BlockBeats citing Bitget data, the Nikkei 225 index fell 3% on September 2, currently trading at 64,225.19 points.

According to ChainCatcher, Chinese enterprises installed 295,000 new industrial robots in 2024, accounting for 54% of global total, according to International Federation of Robotics data. The nation's robotics industry generated over 300 billion yuan ($44 billion) in revenue last year with an average annual growth rate exceeding 20% over five years, per the Ministry of Industry and Information Technology. China became the world's first net exporter of industrial robots in 2025, with exports surg

According to Jefferies, on September 2, the firm cut Oracle's (ORCL) price target from $320 to $290.

According to HTX market data, Solana (SOL) fell below $100 on September 2, trading at $99.94 with a 24-hour decline of 3.56%.

According to financial news reports, Chinese mainland investors purchased HK$10.6 billion worth of Minimax Group Inc stock via Hong Kong Stock Connect in August, surpassing Alibaba and Tencent Holdings. Since being added to Stock Connect on August 6, southbound investors have accumulated a 9.7% stake in the AI startup. The buying trend reflects growing investment enthusiasm among Chinese investors in domestic artificial intelligence model developers.

According to MoneyDJ, Indonesia's government resolved a rare earth export dispute in early August 2026 by implementing clearer export guidelines, allowing over 100 ships previously detained to resume shipping. The bottleneck originated in July when the government delayed issuing inspection reports for nickel iron and aluminum oxide products containing trace rare earth elements, citing unclear management standards. On August 3, Indonesian officials announced that export restrictions would apply o

According to iNews24, South Korea's KOSPI index fell 3.19% to 6,617.90 on September 2 amid a sharp spike in U.S. 10-year Treasury yields to 4.79%, the highest level since January 2025. The surge was triggered by Middle East tensions, as the U.S. military conducted air strikes on Iran, causing WTI crude oil futures (October delivery) to jump 5.2% to $90.22. Foreign investors accelerated their exit from South Korean equities, selling net 9.814 trillion Korean won in July and 12.017 trillion Korean

According to Google, the company has introduced Agentic Video Understanding for Gemini API, reducing processing costs by up to 66% and token consumption by up to 88% in internal tests. The new feature enables the model to automatically select relevant video segments based on user queries, handling quick motions by adjusting frame rates and analyzing audio or transcripts as needed, with accuracy improvements of up to 7%. The functionality is now available on Gemini 3.7 Flash, 3.6 Flash, and 3.5 F

According to MarketWatch and JPMorgan analyst Harlan Sur, Broadcom (AVGO) will hold its third-quarter earnings call after U.S. market close on Wednesday, with investors focused on two key questions: further clarity on the company's AI revenue guidance and management's outlook for sustaining AI chip business growth through fiscal 2028. Analysts estimate Broadcom's Q3 revenue will surge 83% year-over-year to $29.2 billion, with adjusted EPS rising 90.3% to $3.22. The semiconductor solutions segmen

According to Financial Times, ECB Governing Council member Villeroy said on September 2 that the central bank must be prepared to raise rates further if inflation begins moving in the wrong direction. Villeroy noted eurozone inflation remains above 3%, while economic growth is slightly stronger than pre-summer forecasts, a situation that concerns him. He emphasized that even at a 2.5% deposit rate, the ECB's policy would not be restrictive, with restrictive policy only beginning above 2.75%. Vil

According to the Monetary Authority of Singapore, economists have cut the 2026 inflation forecast to 2.1% from 2.3% in the central bank's latest survey.

According to ChainCatcher, Metal, an AI-native operating system for private capital markets, completed a $4.5 million seed funding round led by a16z, Y Combinator, and Speedrun. The funding will accelerate development of software for founders to use during fundraising and throughout the capital formation process.

According to Singapore's Monetary Authority, economists revised the 2026 core inflation forecast to 1.9%, down from the previous estimate of 2%.

According to a Monetary Authority of Singapore survey, 55% of respondents expect the Singapore dollar nominal effective exchange rate (NEER) slope to remain unchanged in the central bank's October monetary policy review.