Gate Crypto Flash News and Market Updates

According to ETNews, Samsung Electronics announced its next-generation memory strategies on September 1. The company targets HBM5 performance at 2x that of HBM4E, with successor zHBM reaching 8x HBM4E performance. For large language model applications, Samsung is developing zNAND-O, designed to achieve 10x the bit density of DRAM while boosting read bandwidth and energy efficiency to 7x that of NAND flash. Mass production samples of zNAND-O are scheduled for 2028.

According to BlockBeats, on September 1, the U.S. government and private oil company NABEP (North American Blue Energy Partners) reached a 100-year lease agreement covering 17 Venezuelan oil fields with approximately 65 billion barrels of proven reserves. Under the deal, the U.S. government will hold a 35% stake in NABEP's parent company and receive 20% of oil production volumes plus first-purchase rights on remaining output. NABEP plans to increase Venezuelan crude production from roughly 170,0

According to MoneyDJ, Hong Kong stocks declined on September 1, with the Hang Seng Index closing at 25,329.73 points, down 237.26 points or 0.93%, while the Hang Seng Tech Index fell to 4,550.88 points, down 68.99 points or 1.49%. Tech and property stocks led the losses, pressuring the broader market.

On Sept. 1, Bitcoin's price hovered around $77,850-$78,125 as the $77,000 support level faced another test, according to Bitstamp data. Market technicals remain broadly bullish, with moving averages showing 14 positive signals and zero negative readings, though short-term momentum has cooled. Bitfinex analysts identified $77,100 as key support, citing healthy spot buying demand without excessive leverage buildup as a positive sign for price stability. Macro headwinds could limit upside, as marke

According to Newtalk, on August 31, Shein's dark-market shares plunged over 13% in pre-IPO trading in Hong Kong, falling well below the IPO price of 48.56 Hong Kong dollars per share. The dark-market low reached approximately 42 Hong Kong dollars, marking what the market termed a "dark-market break," with some trading platforms recording drops exceeding 15%. Shein raised approximately $1.7 billion in the IPO, corresponding to a valuation of about $26.5 billion—a decline of over 70% from its 2022

According to Guru Club, Xingcloud Technology disclosed on September 1 that its computing power order backlog reached 150.82 billion yuan as of end-July 2026, all under 5-year long-cycle agreements. The company's major customers include state-owned enterprises and leading AI model developers. Key orders follow a monthly delivery, monthly payment, and monthly revenue recognition model. First batch deliveries for V, VB, and VC customers commenced in August, with revenue recognition beginning in the

According to Pashechnik, a Russian-appointed official in Ukraine's Luhansk region, Ukrainian forces conducted a drone attack on civilian vehicles in the region on September 1, killing 4 people and injuring 3 others.

The yield on U.S. 2-year Treasury securities rose to its highest level since January 2025 as of September 1, 2026.

As of 20:30 Beijing time, WTI crude oil futures rose 1.77%, while U.S. natural gas futures fell 1.77%.

According to EY data reported by Jin10 on September 1, foreign investment in UK energy projects fell to a 12-year low last year, with the number of projects halving to 27. Oil and gas projects plummeted to just 3, down from 16 a year earlier, as investors increasingly avoid North Sea operations. The Labour government's suspension of new North Sea drilling and its continued windfall tax on energy company profits have triggered investor concerns, with further tax rate increases anticipated during

According to SB Energy's IPO filing on Tuesday, Nvidia is committing $3 billion to the data center developer through a combination of investments: $1.5 billion in non-voting Class N shares via private placement at the IPO price, plus a separate $1.5 billion prepaid forward contract from August 17. OpenAI holds nearly 4 million warrants with a strike price of $0.01 per share, with 1.73 million set to vest upon IPO completion. SB Energy filed for Nasdaq listing under ticker "SBE," with offering si

According to blockchain security firm PeckShield, crypto suffered 50 major hacks during August, up 67% from 30 incidents in July and the highest monthly total of 2026. However, combined losses fell 49.5% month over month to approximately $136.3 million, the firm reported on September 1. Tectonic, the largest lending protocol on Cronos, accounted for over half of August's losses with a reported $74 million theft, ranking as 2026's fourth-largest crypto hack. The incident highlights how August's h

According to a written statement to Reuters, Micron's Taiwan union representing approximately 15,000 employees across Taoyuan and Taichung facilities said on Tuesday (Sept 1) that more than 80% of participating members voted in favor of strike action unless the company reforms its incentive pay plan and increases profit-sharing with employees. Taiwan is Micron's largest global production hub, manufacturing DRAM and high-bandwidth memory (HBM). A strike would pose significant risks to Micron's op

According to Jin10, Iran stated it cannot restore the memorandum of understanding with the United States given current circumstances, citing the country's violation of the agreement. The Iranian statement comes amid ongoing tensions between the two nations over the accord's implementation.

According to Tyler Warner's Morning Minute newsletter, MicroStrategy purchased 4,603 Bitcoin on Monday for $369.7 million at an average price of $80,318 per coin. This marks the company's first Bitcoin purchase since June. The move comes after MicroStrategy sold 6,948 BTC between May and August for approximately $432.5 million, or $62,250 per coin, using proceeds from a Digital Credit Capital Framework to manage preferred stock buybacks when equity funding became too expensive. With Bitcoin now

According to CCTV News, the U.S. military recently transported two Black Hawk helicopters on trailers away from a base in Jordan. Analysts suggested the move may be a precaution against potential Iranian retaliation, given that the base had previously come under Iranian attack.

According to Arkham analyst Emmett Gallic, Lazarus Group-linked wallet addresses moved $30 million through the decentralized exchange Hyperliquid on Monday. The wallets converted Bitcoin into Ether or Solana, bridged the assets to Tron, Solana, or Ethereum networks, then transferred them to crypto exchanges KuCoin, Kraken, and Lbank, as well as several unlabeled Tron-based services.

According to Guru Club, the bitcoin premium between Korean and international exchanges, known as the 'Kimchi Premium', reappeared on September 1 as rising crypto prices revived risk appetite among South Korean retail traders. BTC Markets analyst Rachael Lucas stated that the reappearance of the Kimchi Premium historically signals further bitcoin price gains, as Korean retail investors typically increase purchases during periods of rising risk appetite. Capital controls mean their buying pressure

According to Guru Club, Longban Media (605577.SH) disclosed on September 1 that its stock experienced abnormal trading volatility on August 31 and September 1, with cumulative price deviation exceeding 20% over the two trading days. Following internal review and confirmation with controlling shareholder Heilongjiang Publishing Group, the company stated no undisclosed material matters exist. The company's main business includes traditional publishing, printing, and distribution, plus digital publ

According to Guru Club, Binance co-founder Changpeng Zhao publicly criticized Sun Yuchen's recent actions as unnecessary and unfollowed the entrepreneur on social media today (August 29), amid ongoing controversy surrounding Sun's personal affairs.