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
17:22
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Intel Slashes 39,700 Jobs in Two Years, Q2 Foundry Division Posts $2.1B Loss

Intel's headcount fell to 82,300 employees by the end of Q2 2026, down from approximately 122,000 two years earlier—a reduction of 39,700 roles across divestitures, voluntary attrition, and involuntary cuts. The company reported $16.1 billion in revenue for Q2 2026, up 25% year-over-year, but Intel Foundry recorded a $5.8 billion quarterly revenue against a $2.089 billion operating loss. Despite improving 18A node yields to 85% compared to 65% the prior quarter, the division remains unprofitable
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17:21
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xStocksFi Reclaims Solana Tokenized Equities Lead with 47% Market Share

According to @SolanaFloor, xStocksFi has reclaimed the leading position in Solana's tokenized equities market, holding 47% of total volume and edging out Backpack Securities' 46%. The tight competition between the two platforms underscores the growing investor interest in tokenized securities on Solana.
SOL-3.15%
17:21
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OpenReserve Gets OCC Approval for $210M Full-Service National Bank Charter

On September 2, the Office of the Comptroller of the Currency granted OpenReserve Bank preliminary conditional approval to charter a full-service national bank in Salt Lake City, Utah. The a16z-backed fintech startup must raise at least $210 million in initial paid-in capital and maintain a 12% Tier 1 leverage ratio for three years. OpenReserve has until September 2027 to raise the capital and until March 2028 to open for business. Unlike competitors such as Coinbase and Ripple that pursued nati
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17:19
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QuFi Launches Post-Quantum Verification Platform, Debuts uBTC Proof on Bitcoin Testnet

According to QuFi Network, the post-quantum infrastructure company launched a verification platform today, September 4, designed to protect digital assets against future quantum computing threats without requiring changes to existing blockchain settlement networks. The platform uses three post-quantum cryptographic standards—ML-DSA-65, SLH-DSA, and ML-KEM-1024—and separates verification from settlement through a decentralized node network. QuFi also launched uBTC, a proof-of-concept applying the
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BTC-1.86%
17:13
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American Bitcoin Corp Holds 8,300 BTC, Expands to Nearly 90,000 Miners on Nasdaq Anniversary

According to Eric Trump, American Bitcoin Corp (Nasdaq: ABTC) marked its first year on Nasdaq on September 3, holding 8,300 Bitcoin on its balance sheet with its mining fleet expanded to nearly 90,000 machines. The company achieved record quarterly production and mining operations running at close to 50% gross margins. Eric Trump reiterated the company's mission remains to make the United States the leader of the Bitcoin economy.
BTC-1.86%
17:12
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Bitget in Close Talks With BlackRock on Asia Distribution, CEO Says

According to Bitget CEO Gracy Chen, the cryptocurrency exchange is in close talks with BlackRock regarding distribution opportunities in Asia. Chen stated the company has been engaging with major Wall Street institutions to explore how their digital asset products could reach more investors across the region. "We have very close communication with BlackRock, for example, in terms of our distribution in the Asia market," Chen said. BlackRock confirmed its crypto exchange-traded products are alrea
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17:12
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MicroStrategy Bought 4,603 BTC for $369.7M Between Aug 24-30 After Summer Sales

According to its latest SEC filing, MicroStrategy bought 4,603 BTC for approximately $369.7 million between Aug. 24 and Aug. 30, 2026, at an average price of $80,318 per Bitcoin. This followed the company's sale of 6,916 BTC during the summer to raise liquidity for preferred-stock dividends, debt obligations, and securities repurchases. The purchase brought MicroStrategy's total Bitcoin holdings to 845,050 BTC, acquired for approximately $63.73 billion. The company's balance sheet now includes a
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BTC-1.86%
17:11
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Retirees Receiving 133% of Taxes Paid Into Social Security System, CRFB Analysis Shows

According to a new analysis by the Committee for a Responsible Federal Budget (CRFB), people born in the 1960s are scheduled to receive lifetime Social Security benefits worth approximately 133% of the payroll taxes paid by them and their employers, on a present-value basis. For a median-wage worker retiring in 2027, CRFB estimates approximately $730,000 in lifetime scheduled benefits compared with less than $200,000 in combined payroll taxes paid by employee and employer. Looking only at employ
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17:11
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DashXHQ Integrates Starknet's STRK20 for Private Onchain Payroll in $35B Market

According to Starknet, DashXHQ has integrated Starknet's STRK20 framework to offer private onchain payroll services, targeting the $35 billion payroll market. The integration allows companies to manage sensitive payroll data on blockchain without exposing details on public ledgers, addressing a key barrier to enterprise blockchain adoption. Starknet is a Layer 2 scaling solution for Ethereum focused on privacy and scalability.
STRK-5.67%
ETH-2.08%
17:11
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Hedera Announces $15K Bounty for Builders at ETHGlobal Hackathon Starting Today

According to Hedera's official announcement, the network is offering a $15K bounty to builders participating in the ETHGlobal Hackathon, which begins today. The competition will focus on AI, open source, tokenization, and continuity categories, providing developers with an opportunity to showcase innovation on the Hedera ecosystem.
HBAR-3.10%
17:09
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FATCOIN Hits $35.34M Market Cap, Up 300% in 24 Hours on September 5

According to GMGN, FATCOIN reached a new all-time high market cap of $40 million on September 5, currently trading at $35.34 million with a single-day gain exceeding 300%. The token was launched on the o1 platform and pairs directly with Robinhood-listed tokenized Eli Lilly (LLY) stock.
17:05
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Exempting Small Digital Asset Purchases Could Add $859M to U.S. Federal Revenue in 10 Years

According to Cornell Tech Policy Institute analysis, exempting small digital asset purchases from capital gains tax could increase U.S. federal revenue by approximately $859 million over the next 10 years. Senator Cynthia Lummis' proposed S. 2207 legislation would waive capital gains recognition for qualifying purchases under $300, with an annual exemption cap of $5,000. The research estimates that each $100 of qualifying transactions could generate $3.18 in net federal revenue.