Gate Crypto Flash News and Market Updates

According to an announcement on Monday (Aug. 31), Nasdaq-listed DeFi Development Corp (DFDV) proposed an initial public offering of $20 million in Variable Rate Series C perpetual preferred stock to fund additional Solana purchases. The shares carry a $10 stated amount with dividends accruing at 13% annually, with the first dividend payment set for Oct. 1, 2026. The company plans to use offering proceeds for general corporate purposes, including purchases of additional SOL and crypto-related inv

According to Farside Investors, U.S. spot Bitcoin ETFs recorded net inflows of $216.7 million yesterday (August 31), with IBIT accounting for $205.9 million of the total. Ethereum ETFs saw net inflows of $87.6 million during the same period, with ETHA contributing $59.9 million.

According to Whale Alert, USDC Treasury minted 250 million USDC on Solana today at 11:41 UTC (Beijing time).

According to Jin10, the 11th Eastern Economic Forum opened on September 1 in Vladivostok, Russia, hosting over 5,000 delegates from 80 countries and regions. The four-day event, organized by the Russian Exhibition Foundation, features 100+ sessions across five thematic tracks covering economic development, private investment, emerging technologies, logistics infrastructure, and Asia-Pacific cooperation. The forum agenda includes dedicated business dialogues on China-Russia cooperation, ASEAN eng

According to BNB Chain's August ecosystem update, the network recorded new decentralized application launches during the month, signaling continued developer activity across the ecosystem. The dApp expansion demonstrates builder interest in the network even as competition across Layer 1 and Layer 2 blockchains intensifies. New applications can strengthen on-chain activity, though sustained usage and utility remain critical measures of success.

According to CEO Vlad Tenev, Robinhood Banking's assets under custody have surpassed $4 billion, reflecting growing user trust in the platform's deposit services. Robinhood Banking is operated by Robinhood Money and partners with Coastal Community Bank, an FDIC-member institution.

According to BlockBeats, Mancer, a decentralized exchange protocol on the Robinhood chain, launched its beta version on September 1. The protocol supports limit orders and scheduled trades. As of press time, Mancer had accumulated $2.8 million in trading volume, with the MANCER token reaching a $14 million market cap and gaining 68.37% in 24 hours.

According to Yonhapinfomax, on August 31, U.S. President Donald Trump intensified public criticism of Federal Reserve Chair Kevin Warsh, stating he believes U.S. interest rates are too high. Speaking to reporters at the White House, Trump said he "very much respects" Warsh and that "he'll do what he has to do," while asserting that the U.S. economy is stronger than ever. Market participants have expressed concern that political pressure on the Fed could undermine its independence and, paradoxica

According to Peckshield, 50 major hacking incidents hit the crypto industry in August, representing a 67% month-over-month increase from 30 incidents in July, with total losses of approximately $136.3 million. Losses declined 49.5% compared to July. The largest attack in August was the Tectonic.cro breach, resulting in $74 million in losses and ranking as the fourth-largest crypto theft incident of 2026, behind Drift, KelpDAO/LayerZero, and Coldcard vulnerability. Other significant incidents inc

According to Reuters, Qualcomm announced double-digit chip price hikes effective September 1 for shipments from that date onward. CEO Cristiano Amon stated the company is passing through substantial cost increases from suppliers that it can no longer absorb. The chip maker expects revenue from Apple to decline approximately 50% from the September quarter through December quarter due to supply constraints reducing Qualcomm component share in the iPhone 18 series, despite Apple continuing to sourc

According to Wang Liping, director of the Asia Department at China's Ministry of Commerce, the government will advance mutually beneficial supply chain integration with ASEAN through three key initiatives. These include deepening mutual investment in emerging sectors such as digital economy, green development, and blue economy; leveraging bilateral industrial parks and cross-border zones to strengthen R&D, manufacturing, and application collaboration; and hosting networking sessions at the China

According to South Korea's National Assembly, the Democratic Party and People Power Party policy committees held a meeting on September 1 to establish regular biweekly meetings and coordinate legislative efforts. The parties agreed to fast-track bills with consensus while subjecting contentious legislation—including the Digital Assets Basic Law—to deliberation. The next meeting is scheduled for September 15 at 7:30 a.m. The Digital Assets Basic Law remains contested, with the ruling party opposi

According to Foresight News, OSL Group reported mid-year results for H1 2026 (ended June 30) showing total revenue of HKD 55.813 billion, up 65.8% year-over-year. Payment services contributed HKD 49.083 billion, representing 88% of total revenue. The company became the largest B2B stablecoin payment infrastructure provider by transaction volume, with USD 12.3 billion recorded in 2025.

According to DefiLlama, in the past 24 hours, the top three centralized exchanges by net inflows were Binance ($113 million), Bitget ($86.83 million), and Bybit ($67.52 million), with combined net inflows exceeding $267 million.

According to China Iron and Steel Association, China exported 10.121 million tons of steel in July, down 1.9% month-on-month but up 2.9% year-on-year. The export price averaged $715.7 per ton, up 0.7% month-on-month and up 1.9% year-on-year.

According to reports last week, Anthropic is preparing to file with the U.S. Securities and Exchange Commission within coming weeks to initiate an IPO potentially raising $86.2 billion or more, rivaling SpaceX's record financing. The looming IPO timing is forcing other companies to compete for investor attention, with some attempting premature exits. Historical data shows 14 large firms went public one month before SpaceX's listing, with weighted average stock declines of 9.5%, highlighting the

According to Jin10, gold jewelry prices in China fell about 6 yuan per gram today (September 1) compared to the previous day. Major brands including Zhou Dafu and Zhou Daisheng reported spot gold prices at 1,342 yuan per gram.

According to Beating, Tencent's Hunyuan team took a one-week break after releasing Hy4 preview on August 28. The model is Hunyuan's largest open-source version to date, featuring 770 billion total parameters, 49 billion active parameters, and context length exceeding 1 million tokens. The team had been working at high intensity for several months leading up to the release; after the version went live and gained internal approval, the company arranged the team for rest.

According to Barron's, Tesla stock climbed 5.5% to $367.95 on Monday (Aug 31), with CEO Elon Musk announcing that the company's Full Self-Driving system will soon gain the ability to detect and avoid road potholes. The gain pushed Tesla's August performance to an 18% monthly increase. Investor attention is expected to focus on Tesla's Cybercab robotaxi unveiling later this week in Austin, Texas.

Japan's 10-year government bond yield rose to 3% for the first time since September 1996, marking a significant milestone for the nation's bond market after three decades.