Gate Crypto Flash News and Market Updates

According to Iranian officials, overnight U.S. military strikes on Khuzestan Province on September 2 killed 7 people and wounded 8 others, according to a deputy governor responsible for security affairs in the southwestern region.

According to Chosun Daily, SK Biopharmaceuticals said on September 2 it will deploy 128 Nvidia B200 graphics processing units through SK Telecom's Haein data cluster under a 17 billion won (US$12.4 million) annual subscription contract. The South Korean drugmaker will use the GPUs to support AI-based drug development, including new drug candidate discovery and translational research linking animal studies to human clinical trials.

Danall announced on September 2 that it has signed a memorandum of understanding (MOU) with InfinityExchange Korea (InEx) to build a digital asset-based payment and settlement infrastructure centered on stablecoins. The partnership combines Danall's electronic payment gateway (PG) and prepaid electronic payment licenses with InEx's virtual asset service provider (VASP) license to deliver regulated digital asset payment services. Planned collaboration includes integrating stablecoin payments for

According to Jin10, India's benchmark 10-year government bond yield rose above 7% on September 2, marking the first time in three months. The 2036-dated bond yield initially climbed to 7.0013%, reaching its highest level since June 4.

According to Yonhapinfomax, on September 2, Hwang In-do, head of the Monetary and Credit Research Division at the Bank of Korea Economic Research Institute, stated that the central bank's 6-month forward guidance dot plot can help prepare for future economic challenges amid rapid population aging. The dot plot consists of 21 points, with seven monetary policy committee members each submitting three rate projections for the appropriate policy rate six months ahead. Officials can place all three p

According to Jin10, China's gold jewelry prices fell 36 yuan per gram on September 2 compared to the previous day. Multiple brands reported lower prices, with Zhou Dafu pure gold ornaments and Zhou Daosheng 999 gold jewelry trading at 1,306 yuan per gram, down from 1,342 yuan per gram yesterday, while Chow Sang Sang pure gold jewelry dropped to 1,302 yuan per gram from 1,338 yuan per gram.

According to BlockBeats, on September 2, multiple altcoins posted 24-hour gains as Bitcoin and Ethereum retreated due to geopolitical tensions, according to HTX market data. FIL led gains with a 14.6% increase to $0.79, followed by UNI up 10.9% to $6, CRV up 9.36% to $0.39, PYTH up 7.33% to $0.054, AR up 7.17% to $2.25, SKY up 6.9% to $0.072, and ENA up 6.52% to $0.16.

According to PANews, World Labs, the AI company backed by Fei-Fei Li, released Atlas today (September 2), a multimodal world model designed for visual effects and robotics applications. The model processes images, videos, and camera motion inputs to generate video frames with precise lens control and reconstruct real-world scenes as 3D spaces. World Labs stated that Atlas is currently available in early access to select partners.

According to International News Agency (via Jin10), Russia's Finance Minister Anton Siluanov said on September 2 that Russian-U.S. financial relations still have a foundation for further development. The statement came following Siluanov's meeting with U.S. Treasury Secretary Bessent, during which both sides acknowledged that continued dialogue could help identify common ground in economic areas.

According to TechCrunch, AI training data startup AfterQuery has completed a new funding round at a $3.2 billion valuation. The company raised $30 million at a $300 million valuation in April, marking over 10-fold growth in five months. Y Combinator partner Gustaf Alströmer said AfterQuery is the fastest company in the accelerator's history to reach unicorn status. The company trains AI models by employing domain experts including doctors and lawyers, with clients such as Nvidia, Legora, and Mot

According to Onchain Lens, Multicoin Capital sent 632,300 HYPE tokens (approximately $5.23 million) to Coinbase on September 2. Since the previous day, the investment firm has cumulatively transferred 2,615,500 HYPE tokens (approximately $21.72 million) to the exchange.

According to ChainCatcher, Elon Musk announced on X that Grok 4.7 will be released in 10 days. The xAI founder did not provide additional details on the new version's features.

According to ARK Investment Management Chief Futurist Brett Winton, Tesla's Cybercab could expand the ride-hailing market by 30 to 60 times. Winton expects significantly greater ride availability at prices at least 50% lower than current ride-hailing options to unlock substantial new demand. Tesla's stock fell 3% on Tuesday to $356.09. Recent data indicates Tesla may have nearly 200 vehicles operating without safety monitors across Austin, Dallas and Houston, with the company registering 38 addi

According to an official statement, Fogo's mainnet has restarted and is operating normally following a theft incident. Out of 400 million FOGO tokens stolen, 237 million have been recovered and permanently removed from the total supply. The project is collaborating with centralized exchanges and law enforcement to recover the remaining affected assets.

According to BlockBeats, UNI rose approximately 14% over the past 24 hours on September 2, reaching $6 per token, according to HTX market data. The token has now appreciated over 150% from its bear market bottom. Data from DeFiLlama shows that Robinhood Chain's DEX total trading volume reached approximately $1.673 billion in the past 24 hours, with Uniswap accounting for about $1.232 billion or 73.6% of the chain's DEX volume.

Spot gold declined over 1% intraday to $4,285.07 per ounce, while New York gold futures fell over 1% to $4,331.60 per ounce on September 2.

According to preliminary shipping data from Kpler released Wednesday, only 4 commodity vessels transited the Strait of Hormuz on Tuesday, below the previous day's 10 vessels and the 10-day average of approximately 13 vessels. The four vessels comprised 1 ULCC (ultra-large crude carrier), 1 Panamax tanker, 1 Kamsarmax bulk carrier, and 1 medium tanker, with 1 entering and 3 exiting the strait. Kpler noted that some vessels typically disable their transponders during transit, so figures may be sub

According to Jin10, as of September 2, 11:37 UTC+8, China's futures market recorded significant net outflows across major contracts. CSI 1000 futures (September 2026 contract) led outflows at 6.502 billion CNY, followed by CSI 500 at 4.778 billion CNY and Shanghai Gold at 2.697 billion CNY. On the inflows side, crude oil futures (October 2026) recorded 658 million CNY, rebar (January 2027) 400 million CNY, and hot-rolled coil (January 2027) 330 million CNY.

Gate News message, a wallet address 1279iPFLpQ2DDUKV8rQN5LHDbJvbZBgKQ1 transferred 95 bitcoin (~$7.32M) to Galaxy Digital for an OTC sale.

According to CoinDesk, a consortium of 21 financial institutions including Bank of America, Citi, Goldman Sachs, and UBS plans to form a company in the second half of 2026 to issue a US dollar stablecoin for payments and digital asset transactions, targeting launch in the first half of 2027. The group intends to comply with the US GENIUS Act and the European Union's Markets in Crypto-Assets framework, with plans to add stablecoins tied to other Group of Seven currencies thereafter. The initiativ