Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
05:52

Apple Ties New CEO Ternus's $58M Compensation 75% to S&P 500 Performance; Cook Drops to $47M as Chair

According to Apple's filing with the Securities and Exchange Commission, new CEO John Ternus will receive target compensation of $58 million for fiscal year 2027, while former CEO Tim Cook, transitioning to executive chair on September 26, will receive $47 million. Ternus's $55 million equity award will have 75% tied to Apple's total shareholder return relative to the S&P 500 index, with the remaining 25% vesting over time. Cook's $45 million equity award will have 50% performance-linked to the
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05:52

Robinhood Chain Memecoins Surge Thousands of Percent on September 2, Drawing Market Attention

According to Park Sang-hyuk, editor-in-chief of Digital Asset, Robinhood Chain-based memecoins surged thousands to tens of thousands of percent in a single day on September 2. Trading volume increases have pushed decentralized exchange Uniswap and token platform Pontoon coins to spike, driving market focus. However, analysis from CoinGecko shows over 68% of the approximately 18.67 million memecoins tracked saw trading only on their launch day and ceased trading thereafter, indicating vulnerabili
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UNI16.51%
05:51

China's Marine Fuel Oil Prices Rise; North-South Spread Widens to 125 Yuan/Ton as of Sept 1

According to Jin10 citing Zhuochuang Intelligence, as of September 1, marine low-sulfur 180CST fuel oil prices in southern China's main trading hubs reached 5,925 yuan/ton, up 125 yuan/ton compared to the previous period. The north-south price spread widened to 125 yuan/ton, expanding by 50 yuan/ton sequentially. Raw material prices rebounded this week, with refinery production costs rising and spot resources tightening. Southern China continues to show steady demand with refineries maintaining
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05:47

Latin American Smartphone Shipments Drop 12% YoY in Q2 2026, Slide to 30.3M Units

According to Omdia, Latin American smartphone shipments declined 12% year-over-year in the second quarter of 2026, totaling 30.3 million units. The decline was driven by rising DRAM and NAND costs that gradually passed through to retail prices, particularly impacting entry-level devices. Inventory buffers deployed in Q1 provided some offset, but their effectiveness weakened in Q2, intensifying pressure on the low-end segment while mid-range and premium tiers showed more resilience.
05:46

Maybank Forecasts Thailand 2026-2027 GDP Growth at 2.4%-2.7%, Inflation at 1.6%-1.8%

According to Maybank economists on September 2, the super El Nino's impact on Thailand's economy and overall inflation may be relatively mild compared to the 2015-2016 event. The bank forecasts Thailand's GDP growth at 2.4% for 2026 and 2.7% for 2027, with inflation averaging 1.6% and 1.8% respectively. Fresh agricultural products currently account for 8% of the CPI basket, down from approximately 10% during 2015-2016. Maybank noted that Thailand's economy is increasingly driven by electronics a
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05:43

U.S. National Debt Surges Past $40 Trillion as FY2026 Budget Deficit Expected to Reach $1.9 Trillion

According to Moneywise, U.S. national debt surged past $40 trillion, with the FY2026 budget deficit estimated at $1.9 trillion (5.8% of GDP) as fiscal pressures intensify. The landmark has renewed focus on Warren Buffett's 15-year-old proposal to address the deficit. In a 2011 CNBC interview, Buffett suggested a five-minute solution: pass a law stipulating that if the fiscal deficit exceeds 3% of GDP, all sitting congressional members become ineligible for re-election, forcing lawmakers to choos
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05:43

U.S. 30-Year Treasury ETFs Fall 5% in One Month as Yields Surge to 5.29%

According to Korea Exchange data, U.S. long-term Treasury ETFs experienced sharp declines on September 1-2, with 30-year products falling approximately 5 percent over one month and 15 percent over six months. The 30-year Treasury yield reached 5.29 percent intraday, while 10-year yields climbed to 4.812 percent. Rising fiscal deficits and increased Treasury supply pressures, combined with potential Federal Reserve rate hike expectations, drove the selloff in long-duration bonds, which carry high
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05:42

HYPE Token Faces Major Unlocks Worth $1.535B in September

According to @WuBlockchain, HYPE and other tokens face major unlocks worth over $1.535 billion in September. HYPE, the native utility token of the Hyperliquid ecosystem, is among tokens experiencing one-time unlocks exceeding $10 million, alongside XPL, ENA, and ZRO. Linear unlocks for tokens including RAIN and SOL also exceed $10 million.
HYPE-0.76%
XPL-0.80%
ENA6.18%
ZRO-0.10%
SOL-3.52%
05:41

Dell Stock Erases 7% Drop After Earnings Beat, $95B AI Backlog Drives 8% Rally

Dell Technologies stock surged 8.01% to $459.03 in after-hours trading Tuesday after delivering fiscal second-quarter results that exceeded analyst expectations and revealed strong artificial intelligence infrastructure demand. The company reported adjusted earnings of $7.04 per share on revenue of $46.97 billion, beating expectations for $4.92 per share and $44.92 billion. Dell booked a record $60.9 billion in AI server orders and exited July with a $95 billion AI backlog. The earnings reversal
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05:41

YAM Finance Faces Governance Takeover Attack; 504K YAM Self-Delegated to Control Timelock Worth $337K

According to Defimon, YAM Finance faced a governance takeover attack as of September 2. An attacker self-delegated approximately 504,000 YAM tokens (3.3% of total supply, slightly above the voting threshold) and submitted an empty proposal to the YamGovernorAlpha contract (#45). The proposal's sole operation calls the YAM Timelock contract's setPendingAdmin method, directing it to the attacker's address. If passed and executed, the attacker would become pendingAdmin and could assume complete con
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05:40

ZCCM Targets $1.8B Value From Zambia's Artisanal Gold Sector

According to Jin10, Zambia's state-owned mining investment company ZCCM aims to unlock over $1.8 billion in value from the country's artisanal gold sector, CEO Kakenenwa Muyangwa said today (Sept 2). The initiative would involve formalizing informal gold trade to boost official exports. Data from World Integrated Trade Solution showed that in 2023 alone, the United Arab Emirates imported gold valued at nearly $1.8 billion from Zambia, yet Zambia's central bank reported total gold exports of just
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05:40

Empirik Completes $21M Seed Round, Spins Out of Sequoia to Predict Infrastructure Failures

According to TechCrunch, Empirik, a Sequoia-backed infrastructure prediction startup, completed a $21 million seed round on September 2, with backing from Sequoia Capital, Canapi, and Alumni Ventures. The company officially spun out as an independent operation. Empirik uses AI to track system changes and predict potential failures before they occur, acting as an autonomous gatekeeper that approves low-risk updates, sets guardrails for large-scale changes, and flags dangerous updates for human re
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05:37

KB Securities Analyzes Apple, TSMC Shareholder Returns Cases; Consistent Dividend Growth Matters More Than Size

According to a KB Securities strategic report released on September 1, sustained shareholder returns with consistent dividend growth and buyback policies matter more than one-time payout sizes for supporting stock price growth. KB Securities analyst Min-kyou Kim examined Apple and Taiwan's TSMC as case studies. Apple resumed dividends and share buybacks in 2012 after 16 years, and achieved continued stock appreciation even as smartphone growth slowed—earnings per share (EPS) growth outpaced net
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05:37

a16z Leads $200M Series C for Felix Pago, Remittance Fintech Backed by USDC Settlements

According to BlockBeats, on September 2, fintech startup Felix Pago completed a $200 million Series C funding round, with a16z leading with $87 million in equity investment and General Catalyst's Customer Value Fund providing a $113 million credit facility. Felix Pago operates a WhatsApp-based remittance service between the U.S. and Latin America, settling transactions using USDC and blockchain technology.
05:37

Unitree Shares Surge 500% on Shanghai IPO Debut; Humanoid Robot Valuation Hits $62 Billion

Unitree, a Hangzhou-based humanoid robotics maker, debuted on the Shanghai Stock Exchange this week with shares surging approximately 500%, valuing the company at roughly $62 billion. The stock opened near $21 per share and climbed to around $123 by mid-morning. The rally followed demonstrations of Unitree's new "Superman" humanoid robot, which can reach speeds of 28 mph and jump 6.5 feet, showcasing the rapid advancement of China's robotics supply chain. The IPO comes amid heightened US scrutin
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05:35

Lithium Carbonate Futures Fall 3.29% Overnight as Production Recovery Accelerates

According to Jin10 and SMM data, lithium carbonate futures (LC2701) fell 3.29% intraday on September 2 to 154,700 yuan/ton, while spot prices declined 3,500 yuan/ton to average 156,500 yuan/ton for battery-grade material. SMM forecasts September production will rise 10–12% to 124,000 tons, with weekly output increasing 801 tons to 23,808 tons. Demand for ternary cathode materials is expected to decline 5% month-on-month, while lithium iron phosphate production will increase 6%. Macroeconomic hea
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05:30

EcoproBEM Fixes First-Tranche Offering Price at 89,500 Won, Reduces Fundraising Target to 900B Won

According to Yonhap Infomax, South Korean battery materials manufacturer EcoproBEM fixed its first-tranche offering price at 89,500 Korean won per share on September 2, after its registered securities statement became effective. The price represents a 3,170 yuan decline from the originally planned 121,200 won per share. The fundraising scale is now projected to reach approximately 900 billion won, down from the initially planned 1.2 trillion won, due to share price fluctuations during regulatory
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