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
06:38
0

Japan's Nikkei 225 Rises 1.26%, South Korea's KOSPI Gains 1.64% on Sept 4

According to Bitget data, Japan's Nikkei 225 index (Japan's benchmark equity index) rose 806.46 points, or 1.26%, to close at 65,020.94 on Friday, Sept 4. South Korea's KOSPI climbed 107.73 points, or 1.64%, to 6,687.21. Among components, SK Hynix gained over 3%, while Samsung Electronics advanced 2.2%.
06:37
0

Nomura Maintains Samsung Electronics 670,000 KRW and SK Hynix 470,000 KRW Price Targets, Cites Severe Undervaluation

According to Nomura, on September 4, the global investment bank maintained its price targets for Samsung Electronics at 670,000 Korean won and SK Hynix at 470,000 Korean won, while reaffirming buy recommendations. Researcher C.W. Jung noted that despite a 50% rebound from recent lows, memory chipmakers' stocks remain 37% below their peaks. The bank estimates 2027 P/E ratios at approximately 3x on average, indicating severe undervaluation relative to strong memory demand and limited supply increa
More
06:37
0

U.S. Diesel Prices Hit Record High of $5.82 per Gallon

According to data from the American Automobile Association (AAA), U.S. diesel prices reached an all-time high of $5.82 per gallon on September 4, marking the highest level since tracking began. The surge reflects ongoing pressures from global energy markets and supply chain constraints affecting fuel availability and pricing.
06:37
0

Qualcomm Ventures Leads $70M Funding Round in Indian Healthtech Firm Ultrahuman

According to YourStory, Ultrahuman, a Bengaluru-based health intelligence company, raised $70 million in September from investors including Qualcomm Ventures, Labcorp, Alpha Wave, Blume Ventures, Nexus Venture Partners, and Alteria. The company said it will use the funding to expand research and development in sensing, artificial intelligence, miniaturized electronics, and health algorithms, as well as increase investment in clinical science and large-scale research. Ultrahuman indicated the fun
More
06:33
0

Pocket Bitcoin Discloses August Data Breach Affecting 5,400+ Customers

Pocket Bitcoin disclosed in August that a sustained cyberattack exposed information belonging to more than 5,400 customers. Of these, 5,120 customers had email addresses and support communications compromised, while a further 291 faced more extensive exposure including names, addresses, identity documents and copies of source-of-funds documentation. The company confirmed that customer Bitcoin and private keys were never compromised, as Pocket operates on a non-custodial basis where users retain
More
BTC3.83%
06:32
0

Thailand Suspends 49 Data Center Projects, Awaits New Regulations on Sept 4

According to Thailand's National Economic and Social Development Council Secretary General Danusah Pichayanon, the government suspended 49 data center construction projects on Sept 4, pending the rollout of new regulatory rules. Pichayanon said the halt was necessary as the government develops new monitoring framework for existing and forthcoming data centers. The Data Center Oversight Committee, chaired by Thailand's Finance Minister, held its inaugural meeting on Friday. The committee is expec
More
06:32
0

Lululemon Stock Plunges 18% After Earnings Release, Full-Year Guidance Cut

Thursday after-hours, Lululemon shares plunged 18% to around $99.65 after the athletic apparel retailer reported weaker-than-expected Q2 earnings and sharply cut its full-year revenue and profit forecasts. The stock had closed the regular session up 1.42% at $121.77. Lululemon reported Q2 revenue of $2.42 billion, down 4% year over year and below the $2.46 billion expected by analysts. Comparable sales declined 9%. The company now expects full-year revenue of $10.35 billion to $10.5 billion, dow
More
06:31
0

Aprogenesis Stock Hits Daily Limit, Slips on Parent's 200B Won Fundraising

According to the Korea Exchange, Aprogenesis Biologics hit its daily price limit on September 4 but pared gains to 1,823 won, up 96 won or 5.56%, by mid-afternoon. The stock's retreat followed news that its largest shareholder, Aprogenesis, announced a 20 billion won capital injection. Under the third-party allocation, Aprogenesis will subscribe to 12.7 million newly issued common shares at 1,574 won per share, with settlement scheduled for September 11.
06:31
0

IMF Says El Salvador's Post-Review Bitcoin Accumulation Used Private Donations, Not Public Funds

According to an IMF statement released Thursday, El Salvador's Bitcoin accumulation after the lender's first program review in June 2025 came entirely from private donations, not public resources. The IMF confirmed that documents supplied by Salvadoran authorities verified this source of funds. The agency also noted that majority ownership and operational control of the Chivo wallet have been transferred to a private operator, with the government retaining only a minority stake. According to the
More
BTC3.83%
06:31
0

Microsoft Reorganizes Financial Reporting on September 3 to Separately Disclose Azure Revenue

According to MarketWatch, on September 3, Microsoft submitted a new financial reporting structure to the U.S. Securities and Exchange Commission (SEC) that will separately disclose Azure cloud revenue. The company is consolidating its three business segments into two: "Agents and Infra" and "Devices and Consumer," prioritizing its AI strategy. Analysts view the change positively. Bernstein analyst Mark Moerdler called the clearer Azure disclosure "reasonable" given the business's scale and impor
More
06:31
0

Saudi AI Firm Humain Seeks $2.5B Data Center Fund

According to Guru Club, Saudi artificial intelligence company Humain is seeking to raise an initial $2.5 billion fund from domestic and international investors on September 4 to finance data center projects in Saudi Arabia. The fund will support a 250-megawatt data center project jointly developed by Humain and Muammar Information Systems, with plans to potentially expand to 1 gigawatt in the long term.
06:30
0

Most Economists Forecast U.S. August Unemployment at 4.1%-4.2%, Ahead of Friday Release

According to a Jin10 survey of major financial institutions, most economists forecast the U.S. August unemployment rate at 4.1%-4.2%, with a consensus around 4.1%, compared to July's 4.1%. Moody's Analytics and Nomura Securities predicted 4.0%, while institutions including Goldman Sachs, JPMorgan, Morgan Stanley, and UBS forecast 4.1%, and others including Citi and ING projected 4.2%. Reuters consensus stands at 4.1%.
06:26
0

Russian Forces Strike Odesa, Killing 1 and Injuring 3 on September 4

According to Odesa's military administration, Russian forces conducted a dawn strike on the Ukrainian city of Odesa on September 4, killing 1 person and injuring at least 3 others. A residential building and vehicles were damaged in the attack. Recovery efforts are underway at the scene.
06:25
0

MEME Token on Robinhood Chain Breaks $64M Market Cap on Sept 4, Up Over 1000x in 24 Hours

According to BlockBeats, on Sept 4, MEME token on Robinhood Chain broke $64 million market cap for a new all-time high, surging over 1000x in 24 hours. The token is now trading at $52 million with 24-hour trading volume of $49.1 million, according to GMGN data. MEME is paired against tokenized AMC Entertainment stock on the platform, providing liquidity via a MEME/AMC trading pair.
MEME0.07%
06:22
0

OpenAI Launches $1B Cybersecurity Initiative on September 4, Prioritizes Water Utilities and Open-Source Projects

According to CoinDesk, OpenAI announced on September 4 that it will provide $1 billion in subsidized cybersecurity model access over the next six months to help organizations defend against AI-driven attacks, including zero-day vulnerabilities that future models like Astra may discover. The funding covers discounted access to Daybreak cybersecurity products, training, and technical support. Priority recipients include water utilities, power grids, local governments, community banks, nonprofits,
More
BTC3.83%
ETH4.05%