Gate Crypto Flash News and Market Updates

According to Korea Central Bank, as of end of June, South Korea's major institutional investors' foreign currency securities holdings reached $549.68 billion, up $46.72 billion or 9.3% in the second quarter. This marked a rebound from a 0.9% decline in the first quarter. The central bank attributed the increase to sustained net investments in foreign equities, driven by global stock gains amid expectations for expanded artificial intelligence investment. Asset management companies held $397.9 bi

Late Monday, U.S. stock futures were mixed following a strong August rally, with Dow futures up 0.07% while S&P 500 and Nasdaq-100 futures fell 0.04% and 0.22%, respectively, as geopolitical tensions escalated after the U.S. struck Iranian positions over the weekend. Monday's cash market closed lower across all three benchmarks: the Dow Jones Industrial Average fell 0.70% to 53,185.90, the S&P 500 dropped 0.33% to 7,686.14, and the Nasdaq Composite declined 0.12% to 26,370.89. Meanwhile, the U.S

According to BlockBeats, Robinhood posted a teaser video on its official Twitter account on September 1, captioned "something new is brewing." The community widely interpreted this as a hint toward an upcoming blockchain-related product. Crypto KOL him suggested the new offering could be a social trading platform, while other community members speculated it might be a tokenized stock gamification feature.

According to RootData token unlock data, STABLE will unlock approximately 888.89 million tokens worth $25.37 million on September 8 at 1:00 PM Beijing time.

According to CFTC Commitments of Traders data, XRP short positions have reached 115.7 million tokens in net exposure. The positioning creates a setup where the market becomes more sensitive to sharp upside moves, as heavily short traders may need to cover if prices rally quickly. The data offers a formal view of regulated derivatives positioning but does not guarantee a short squeeze or price reversal.

According to Arc, the blockchain platform owned by Circle will host Technical Office Hours on September 3 at 10 p.m. Beijing time to discuss wallets and account abstraction on Arc. The session will cover how account abstraction works with USDC as gas fees, current wallet provider support for Arc, and methods for subsidizing user gas costs, followed by a live demonstration.

According to HitPay, the Singapore-based payments firm integrated its platform with Superbench, an AI customer engagement platform, on September 1. The integration enables small and medium enterprises to manage customer inquiries, bookings, and payments in a unified system. The offering targets B2C service businesses including beauty clinics, tuition centers, and home services across Singapore, Malaysia, Australia, and the United Arab Emirates.

According to Reuters, Shanghai Enflame Technology announced on August 31 that it expects to raise $907.8 million in a Shanghai IPO, pricing the deal at 142.18 yuan (US$21) per share. The AI chipmaker plans to sell 43 million shares on Shanghai's STAR Market, slightly above its original 6 billion yuan fundraising target. Investor subscriptions open on September 2.

According to Odaily, two wallets lost approximately $187,000 in funds on August 27-30 due to unrevoked authorizations signed in 2024. The first incident involved 124,000 SYN (worth ~$124,000), with the authorization signed in February 2024 and funds transferred out approximately 25 hours after arriving on August 30. The second case involved 62,489 USDC, with authorization dated July 2024 and funds drained roughly 4 days after arriving on August 27.

According to Dune data, paired coin-stock Meme tokens surpassed stock token trading volume for 4 consecutive days on the Robinhood blockchain, capturing the primary market share of RWA trading. On August 31, paired coin-stock Meme trading volume reached $93.1 million, up approximately $20 million from the previous day, while stock token trading volume hit $91.4 million, up roughly $40 million.

According to JPMorgan Chase and Citadel Securities, the two major financial institutions issued caution warnings on September 1 ahead of the Federal Reserve's policy meeting on September 16. JPMorgan's trading team, led by U.S. market intelligence chief Andrew Tyler, downgraded its U.S. equity stance to tactical caution, citing persistent inflation signals from Federal Reserve Chair Powell's August 28 speech. The bank recommends investors strengthen downside hedges using options currently priced

According to PANews, on September 1, Manus announced it has resumed independent operations and entered a new development phase. Founder team member Red Xiao and colleagues will continue leading company operations, focusing on advancing universal AI Agent capabilities. As an independent Agent laboratory, Manus aims to expand AI Agent abilities and integrate them into user workflows to help handle complex tasks.

According to the South Korean government, on September 1, 2026, the cabinet approved the 2027 fiscal budget plan, which includes 222.8 trillion won in Treasury bond issuance, down 1.3% from this year's original budget of 225.7 trillion won. The net increase in government bonds will be 96.3 trillion won, a decline of 12% compared to 109.4 trillion won this year. Deficit-financing bonds for 2027 are set at 100.1 trillion won. The government debt-to-GDP ratio is projected to improve to 48.3% from 5

According to South Korea's Ministry of Strategy and Finance, the government announced on September 1 the establishment of a 162 trillion won Future Response Fund to strategically allocate additional tax revenue from the semiconductor boom. Of the fund's projected income, 45.4 trillion won will be invested in youth employment, industrial growth, regional development, and education initiatives, while 104.4 trillion won will be reserved to address potential revenue shortfalls or economic downturns.

According to South Korea's Ministry of Science and Technology Information and Communications, the government set its 2027 R&D budget at 39.5 trillion won on September 1, representing an 11.2% increase from 2026's 35.5 trillion won. The allocation marks a record high and surpasses the 20-year average annual growth rate of 7.2 percent. The budget earmarks 5.8 trillion won for three mega-projects in artificial intelligence, semiconductors, and robotics, with AI receiving 4.1 trillion won (a 69.1% i

South Korea's Ministry of Industry announced on Sept 1 its 2027 budget at 13.26 trillion won, a 40.5% increase from 2026 and the largest since the ministry's establishment in 2013. Including allocations from the Future Response Fund, the actual budget reaches 14.17 trillion won. The ministry established a new semiconductor special account with 2.1 trillion won and created a resource security fund of 1.4 trillion won. A key initiative allocates 1.5 trillion won to develop the Southwest Semiconduc

According to the Ministry of Science and Technology, on September 1, South Korea's 2027 government budget was approved at 29.6 trillion won, a 24.5% increase from 2026. The AI sector received 9.4 trillion won, up 84.3% year-over-year, with 3.85 trillion won specifically allocated for securing 10,000 GPUs, expected to be Nvidia's next-generation Vera Rubin platform. The remaining AI budget will support AI services and applications (1.9 trillion won), inclusive AI society initiatives (1.2 trillion

According to BlockBeats, SHEIN officially listed on Hong Kong Stock Exchange (HKEX) on September 1 under stock code 00625. The company's IPO was priced at HK$48.56 per share, raising approximately HK$13.6 billion. SHEIN opened flat but quickly declined, hitting around HK$43.72 during the session, a drop of approximately 10%. Trade.xyz, a Pre-IPO market within the Hyperliquid ecosystem, demonstrated strong price discovery capabilities. SHEIN trading on Trade.xyz crashed 15% yesterday, pre-signali

According to Guru Club, zinc prices reached their highest level in over four years on September 1, extending a months-long rally driven by tight supply conditions. The metal gained 27% year-to-date and posted its fifth consecutive monthly gain in August, significantly outpacing copper and aluminum. LME warehouse zinc inventories remain below 100,000 tons despite a slight recent increase, while smelter treatment charges fell sharply to minus $117.50 per ton, reflecting acute ore shortages that ar

According to Qichacha APP, Alibaba and SAIC recently invested in Yuanxin Satellite, increasing the company's registered capital to 2.48 billion yuan. Alibaba's investment vehicle Hangzhou Ali Entrepreneurship Investment Co., Ltd. and SAIC's wholly-owned subsidiary Shanghai Automotive Group Finance Management Co., Ltd. became new shareholders. Yuanxin Satellite is the exclusive builder and operator of the Qianfan Constellation, a commercial low-earth orbit satellite constellation.