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
09:45
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USD/KRW Falls to 1,359.30 Won, 14-Month Low, on September 3 Amid Exporter Dollar Sales

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,359.30 won on September 3 afternoon (Seoul time), down 9.40 won from the previous close. The decline marks the lowest level since July 2, 2025, based on Seoul market closing rates. Exporter dollar sales and yen strength weighed on the won, with demand from semiconductors driving the downward pressure.
09:44
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Kalshi Files for CFTC Approval of WTI Crude Perpetual Futures Contract Next Week

According to Bloomberg and Reuters, Kalshi will file a request with the Commodity Futures Trading Commission (CFTC) for approval of a West Texas Intermediate (WTI) crude oil perpetual futures contract as soon as next week. The product would trade 24 hours a day, five days a week, and would never expire. If approved, it would be the first oil-linked perpetual futures product to trade on a regulated U.S. platform.
09:44
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Coldcard Hacker Swaps 10% of Stolen Bitcoin for Ether via THORChain on Wednesday

According to Galaxy Research head Alex Thorn, the third-wave Coldcard hacker moved about 10% of stolen Bitcoin and began swapping it for Ether via THORChain on Wednesday. Thorn reported on X that the remaining 90% of the stolen funds remain untouched, marking the first time any of the three waves of Coldcard exploits have moved onchain from the original hacker addresses. The attacker encountered multiple refunds during the THORChain swap and kept retrying. Onchain analysts traced the converted f
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BTC1.12%
ETH0.45%
09:44
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Fomo Platform Top Trader's Portfolio Grows $9.8M in Past Month

According to Lookonchain, the top-ranked trader on the Fomo platform saw portfolio value increase by over $9.8 million in the past month as of September 3. The trader's largest gain came from $PONS holdings, generating $5.63 million in profit.
09:44
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Southeast Asia Blockchain Sector Raises US$6.2B, with US$680M in 2026 Year to Date

According to Tracxn Technologies' September 2026 report, Southeast Asia's blockchain sector has raised US$6.2 billion in equity funding across 1,323 funded companies to date, with US$680 million raised in 2026 year to date. The region tracks 3,957 blockchain companies overall. Singapore and crypto financial services attracted the most capital. Funding peaked at US$2.2 billion in 2022, then fell to US$386 million in 2023, recovered to US$804 million in 2024, and declined to US$319 million in 2025
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09:42
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Robinhood Chain DEX Volume Hits $1.851B in 24 Hours, Chain Revenue Tops $4.01M

According to DeFiLlama, Robinhood Chain's DEX trading volume reached $1.851 billion in the past 24 hours on September 3, marking its sixth consecutive day of all-time highs. The chain's fee revenue hit $4.45 million and network-layer income reached $4.01 million, both ranking first among major protocols. Robinhood Chain's 24-hour revenue of $4.01 million exceeded the combined total of Base, Solana, Ethereum, and BSC by approximately 13.9 times.
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SOL1.09%
ETH0.45%
09:37
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Echo Base Establishes BitMart Creditor Committee, Pursues $10M Recovery Plan for Frozen Assets

According to ChainCatcher, Echo Base has established a BitMart creditor committee to represent users with frozen assets on the exchange, hiring legal advisors to evaluate recovery options including unfunded bankruptcy proceedings. The firm previously proposed a $10 million funding plan to support a pre-negotiated BitMart bankruptcy filing, which remains unanswered. Sonn Law Group is investigating users with at least $500,000 in frozen BitMart assets to assess potential claims and recovery strate
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09:35
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Trump Signs Emergency Order Over China's Role in U.S. AI Data Center Power Supply

According to CNBC, President Trump signed an executive order last week declaring a national emergency over foreign threats to U.S. bulk-power system equipment used in AI data centers. Chinese suppliers account for 30-40% of transformers and switchgear, over 40% of battery imports, and roughly two-thirds of global optical transceiver supply. The order authorizes the Energy Department to prohibit or impose conditions on certain transactions involving components used in grid and data center infrast
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09:35
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Top 5 Crypto Derivatives Exchanges See 24h Trading Volume Decline; Binance Falls 11.66%

According to RootData data released by ChainCatcher, the top five derivatives exchanges all experienced trading volume declines in the latest 24-hour period. Binance's 24h trading volume reached approximately $14.849 billion, down 11.66%. OKX recorded $2.796 billion, down 2.40%. Hyperliquid saw $2.272 billion, declining 19.77%. Gate's 24h volume was approximately $1.079 billion, down 3.33%.
09:34
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SK Hynix Explores Parallel Investment in Yongin and Gwangju Semiconductor Facilities

SK Hynix is exploring plans to advance semiconductor production investments in both Yongin and the southwestern Gwangju region in parallel. According to internal discussions, the company is developing a comprehensive strategy to coordinate long-term construction in Yongin while simultaneously proceeding with Gwangju-focused investment.
09:34
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Huobi Group's August AUM Breaks $200 Million, Up 30% MoM as Trading Volume Hits $100M for Second Consecutive Month

According to PANews on September 3, Huobi Group (01611.HK) achieved record August operating metrics as the crypto market rebounded. The company's assets under management (AUM) surpassed $200 million, representing approximately 30% month-over-month growth. Platform trading volume exceeded $100 million for the second consecutive month, with both AUM and trading volume hitting monthly highs, reflecting growing institutional and high-net-worth demand for professional digital asset services.
09:34
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Shanghai International Energy Exchange Imposes Opening Restrictions on Accounts Exceeding Daily Trading Limits on September 3

According to Jin10 Futures citing Shanghai International Energy Exchange, on September 3, the exchange imposed opening restrictions on accounts that exceeded daily opening transaction volume limits on related futures contracts. The trading activity violated the exchange's regulations on abnormal trading behavior management, prompting the regulatory measure against the affected customers.
09:33
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China's Service Trade Reaches 4.4467 Trillion Yuan in First Seven Months of 2026, Up 8.3%

According to the Ministry of Commerce, China's service trade totaled 4.4467 trillion yuan in the first seven months of 2026, up 8.3% year-over-year as of September 3. Service exports reached 1.7723 trillion yuan, rising 17.1%, while imports stood at 2.6735 trillion yuan, up 3.2%. The service trade deficit narrowed to 900.25 billion yuan, down 176.33 billion yuan from the same period last year.