Gate Crypto Flash News and Market Updates

According to Der Spiegel and Die Zeit, Berlin's city government was hit by a ransomware attack approximately two weeks ago. Cybercriminal group Rhysida is allegedly responsible, demanding 30 Bitcoin (approximately 2 million euros) in exchange for not releasing stolen data. The attack primarily affected the city's traffic and construction management departments. Berlin Mayor Kai Wegner stated the city will not give in to the ransom demand. Berlin's state government has not confirmed the scope of

According to Jin10, as of 4:00 p.m. on August 31, the CNEX overall market liquidity sentiment index dropped 2 points to 50. The sentiment indices for major banks, mid-sized banks, and non-bank institutions stood at 49, 51, and 49, respectively, each declining by 2 points from 2:30 p.m.

USD/KRW declined 0.6% to 1,368.94 today, marking the lowest level since July 2025. The South Korean won has extended its recent strength against the U.S. dollar.

Turkey's Central Bank launched a 1-week gold-for-lira reverse repo auction today, with a total size of 6 tons. The operation is conducted through traditional methods.

According to BlockBeats, on August 31, Unitree Technology experienced extreme volatility on its first trading day (August 19), surging 6 times at peak with a market cap exceeding 440 billion yuan, then declining nearly 50% and wiping out over 200 billion yuan. The company's turnover rate reached 85.28% on debut, marking the highest for Shanghai Stock Exchange new listings in 2026. Institutional investors and retail traders dominated the selling pressure, with large and mid-sized traders accounti

Spain reported a current account surplus of €2.41 billion in June, up from €1.84 billion in the previous month. The increase represents a month-over-month improvement of approximately 31% in the country's current account balance.

According to OECD data, the U.S. dollar's purchasing power has eroded by nearly 23% since the end of 2019. This means $100 at the end of 2019 had purchasing power equivalent to $77.16 in April 2026, reflecting persistent cost-of-living pressures despite moderating inflation. In comparison, the Swiss franc depreciated less than 7% over the same period. Turkey experienced the steepest currency erosion, with consumer prices rising more than 814% cumulatively since 2019, reducing the purchasing powe

According to LS Securities, on August 31, the firm raised Samsung Electronics' target price to 450,000 Korean won from 400,000 won (up 12.5%), while cutting SK Hynix's target price to 2.4 million won from 3.3 million won (down 27.3%). The adjustment reflects shifting HBM4 supply dynamics; Samsung's HBM4 shipments grew from about 5% of total HBM output in Q1 2026 to roughly 35% in Q2, while production yield improved. As Samsung expands supply, SK Hynix's previous supply concentration premium may

According to Jin10, seven foreign exchange option strikes valued at over $1 billion each across euro, Japanese yen, British pound, and Australian dollar are set to expire at 22:00 Beijing time on August 31. Market participants are advised to manage related risk exposure.

According to Jin10 Data, the Shanghai Gold Exchange released its trading update on Aug 31 (Monday). For deferred compensation fees: Au(T+D) longs pay shorts, while Ag(T+D) shorts pay longs.

According to EdailyReport, South Korea's preferred stock discount has widened significantly to 30-70% as of August 31, with the top 10 listed preferred shares averaging a 71% price gap versus common shares. The Korea Corporate Governance Forum held its 55th seminar on August 31 to discuss the issue, with attorney Kim Kyu-sik citing tunneling practices where companies exclude preferred shareholders during treasury stock buybacks and tender offers. Kim emphasized that Korean preferred stocks lack

According to Gate's official announcement, the platform has completed cash dividend distributions for 99 U.S. stock holdings, including Starbucks (SBUX), Citigroup (C), and Novo Nordisk (NVO), with USDT equivalents credited to eligible users' accounts for ex-dividend dates between August 24-28. No user action is required. The distribution covers stocks across technology, semiconductors, financial services, energy, consumer goods, healthcare, industrials, REITs, utilities, materials, media, telec

According to E-Daily, South Korea's Kosdaq market implemented tightened delisting criteria effective July. The market-capitalization threshold was raised to 20 billion won, and penny stocks trading below 1,000 won are now included in mandatory delisting conditions. Companies failing to meet the standard for 30 consecutive trading days are designated as under management. If they fail to recover the standard for 45 consecutive trading days within a subsequent 90-day period, they face delisting. As

According to Iran's Hormozgan Province Port and Maritime Organization, Iranian authorities detained a bulk carrier vessel on Monday for allegedly dumping oil-contaminated waste directly into the Persian Gulf.

According to Odaily, Amazon Web Services recently expanded AI model availability in AWS GovCloud (U.S.), enabling government agencies to access third-party large language models through the Amazon Bedrock platform. Supported models include OpenAI, Meta, Anthropic, xAI, and Nvidia offerings, alongside Amazon's self-developed Nova series. All services run in compliance-aligned isolated cloud environments.

According to Beating AI News, fal Research deployed MiniMax's H3 Max video model to Twitch today (August 31), enabling real-time streaming where video generation speed exceeds playback speed. The model generates a 5-second video in under 3 seconds, allowing continuous streaming without pre-rendered content. Audience members can input prompts via Twitch chat, with new scenes appearing in seconds, allowing viewers to influence the narrative in real-time. H3 Max achieves 35 times higher throughput

According to the latest RootData rankings, Binance, Hyperliquid, and Gate rank as the top three derivatives exchanges. Binance leads with a score of 96.2, holding approximately $3.454 billion in open interest and generating $6.17 billion in 24-hour trading volume, commanding 41.83% market share. Hyperliquid ranks second with a score of 95.3, $1.761 billion in open interest, and $1.491 billion 24-hour volume at 10.11% market share. Gate ranks third with a score of 95.1, $841 million in open inter

According to Jin10 and China's Foreign Ministry, the 2026 Asia-Pacific Economic Cooperation (APEC) third high-level officials meeting concluded in Dalian on August 28. Officials conducted in-depth discussions on APEC's "China Year" theme of "Building an Asia-Pacific Community and Promoting Common Prosperity" and the three priority areas of openness, innovation, and cooperation. The meeting primarily focused on coordinating outcomes for the APEC Leaders' Informal Meeting scheduled for November in

According to Yang Ki-tae, Deputy President of Sh Sukhyup Bank, U.S. M2 money velocity rose to 1.415 in Q2 2026, following increases from 1.407 in Q3 2025 to 1.409 in Q4 2025 and 1.413 in Q1 2026. High-yield bond effective rates climbed from the low-14% range in early July to mid-14% levels by August, while the spread between 10-year and 3-month U.S. Treasury yields widened to approximately 0.80 basis points in August from 0.66bp in June. Yang stated that the combination of rising money velocity,

EUR/USD surged past 1.16 during today's trading session, rising 0.16% intraday as of August 31.