Gate Crypto Flash News and Market Updates

According to analysts, Meta reached an $18 billion settlement with 29 state attorneys general in August, resolving a long-standing legal dispute. The settlement stemmed from allegations that design features on Instagram and Facebook caused harm to young users. Analysts suggest the agreement may clear the way for new product launches.

According to Binance's official announcement, the exchange recently launched four new bStock listings: CRWDB/USDT, MRNAB/USDT, SQQQB/USDT, and STXB/USDT. These trading pairs offer 24/7 access with 1:1 free and instant exchange for actual stocks, designed to enhance user engagement and expand trading options on the platform.

Russian Deputy Prime Minister Novak stated recently that Russia is importing gasoline, diesel, and aviation fuel.

On Wednesday, Brent crude futures rose to $95.40 a barrel and West Texas Intermediate futures climbed to $90.66 as renewed U.S.-Iran military strikes intensified concerns of supply disruptions through the Strait of Hormuz. According to preliminary Kpler data reported by Reuters, only four commodity vessels crossed the waterway Tuesday, down from 10 Monday and well below the recent 10-day average of about 13 vessels. The Strait carries roughly one-fifth of global oil consumption.

Bank of Canada Governor Tiff Macklem said the central bank is prepared to adjust monetary policy as needed to support economic objectives.

The Bank of Canada stated that financial conditions have tightened since its July policy decision.

The Bank of Canada stated on September 2 that labor force demand remains subdued, with indicators showing persistent excess supply across the economy. The central bank's assessment underscores ongoing slack in the labor market amid broader economic conditions.

According to ChainCatcher, CrowdStrike and U.S. federal agencies recently dismantled a Russian-linked malware botnet called Sality that has been stealing cryptocurrency for over eight years. The malware, active since 2003, used a payload called EggJagger to monitor clipboard activity, replacing Bitcoin and Ethereum addresses with attacker-controlled wallets. CrowdStrike disconnected over 15,000 infected devices from the network by exploiting the botnet's peer-to-peer architecture. The operation

SC crude oil futures, the main contract traded on Shanghai International Energy Exchange, surged over 2% intraday today, reaching 690.90 yuan per barrel.

According to Jin10 Data, USD/JPY surged sharply today (September 2), with the 160 level emerging as a new defense line amid market speculation of potential Bank of Japan intervention. U.S. Treasury Secretary Bessent and the BOJ have been viewed as defending this threshold. Traders attributed the move to stop-loss orders, though some suggested possible official involvement.

According to BlockBeats, FLORK, a meme coin on the BSC chain, surged over 85% on September 2 following its listing on Binance Alpha, according to GMGN market data. The token's market capitalization reached approximately $17.5 million.

According to BlockBeats, Binance Alpha listed FLORK and PONS tokens on September 2.

The Bank of Canada kept its benchmark lending rate unchanged at 2.25% on September 2, in line with market expectations. The rate held steady from the previous decision.

The Bank of Canada announced that upside inflation risks have increased, citing emerging pressures on price growth.

According to Jin10, the Bank of Canada kept interest rates at 2.25% unchanged on September 2, marking the seventh consecutive meeting without a rate adjustment. The decision aligned with market expectations.

On Sept. 2, U.S. stock indexes opened with mixed performance as crude oil retreated from multi-day gains, easing inflation concerns. The Dow Jones Industrial Average rose 236.43 points, or 0.45%, to 53,003.31; the Nasdaq Composite fell 9.63 points, or 0.04%, to 26,090.14; and the S&P 500 rose 9.10 points, or 0.12%, to 7,640.57. West Texas Intermediate crude oil dropped 0.57% to $89.71 per barrel, breaking a two-day rally driven by geopolitical tensions over the Strait of Hormuz. The 10-year U.S.

Spot silver gained 2% intraday on September 2, trading at $65.35 per ounce as of the latest quote.

Spot gold rose 1.0% intraday on September 2, trading at $4,371.86 per ounce.

According to Russian state news agency SPUTNIK, a Mil Mi-8 helicopter carrying election commission staff and journalists made an emergency landing on a highway in Yuzhno-Sakhalinsk today (September 2). The aircraft skidded into a roadside ditch upon touchdown. On board were one election commission staff member, four journalists, and three crew members; all passengers and crew sustained minor bruises and abrasions.

According to Yonhapinfomax, the USD/KRW exchange rate traded in the early 1,360 won range on the New York market on September 1. The pair closed regular trading at 1,368.70 won, then fell to 1,362.80 won during the London session—the lowest level since July last year. Steady export-related selling and yen strength drove the decline.