Gate Crypto Flash News and Market Updates

According to Jin10, on August 29, Japan's Takaichi cabinet support rating fell to 41%, a record low since her inauguration, according to the latest poll by Mainichi Shimbun.

According to Bitcoin.com News, on Friday, Polish Prime Minister Donald Tusk called for a re-vote on the Crypto-Asset Market Act during a council of ministers meeting, citing the need for clear regulations following the Zondacrypto scandal. The failed cryptocurrency exchange has evolved into one of the country's largest crypto-linked corruption cases, with affected customers losing up to $94 million. Tusk accused politicians of receiving bribes from Zondacrypto and stated the law must be passed,

According to Ripple Prime, Delta One business went live on Aug. 27, offering institutional clients total return swaps on U.S. equities, indices, and digital assets with cross-margining across supported asset classes. The launch expands Ripple Prime's multi-asset prime brokerage platform to include equity derivatives alongside existing foreign exchange, fixed income, derivatives, and digital asset services. Ripple Prime closed a $275 million senior unsecured notes offering on Aug. 18 to support t

According to Benzinga, Broadcom (AVGO) declined over 1.5% on Friday, August 28, as semiconductor tariff uncertainty pressured chip stocks amid broader concerns over AI infrastructure supply chains. The tech sector fell 1.31%, underperforming the S&P 500's 0.14% decline. Reports indicated the Trump administration is considering expanding semiconductor-related tariffs to broader tech products, including laptops, gaming consoles, and data center servers, raising concerns over cost inflation and sup

Circle signed a principal partnership with Chelsea FC that will place USDC branding on the front of the club's men's, women's and academy shirts beginning with the 2026/27 season. The stablecoin will debut at Chelsea men's first Premier League home match of the season against Brighton. According to Circle co-founder and CEO Jeremy Allaire, the partnership connects USDC with a global sports community as stablecoins expand beyond crypto trading into mainstream payments and financial infrastructure

According to S&P Global analyst Naveen Sarma, Meta's long-term data center lease commitments jumped to approximately $280 billion at the end of June, more than 55% higher than the roughly $180 billion recorded in the previous quarter. Sarma flagged the rapid expansion as a growing concern, warning that these lease obligations "will be a liability in a couple of years" and noting that S&P Global is closely monitoring the company's credit quality amid unprecedented AI infrastructure investments.

On August 27–29, China Council for the Promotion of International Trade President Ren Hongbin led a Chinese business delegation to Kyrgyzstan to attend the China-Kyrgyzstan Business and Investment Forum, co-hosted by the CPIT, Kyrgyzstan's State Investment Agency, and Chamber of Commerce. Kyrgyzstan Vice Prime Minister Akimbek Asonkulov, Kyrgyzstan State Investment Agency Director Sabiro Sabirov, Chinese Ambassador to Kyrgyzstan Liu Jiangping, and Kyrgyzstan Chamber of Commerce Chairman Sariyev

According to The Verge, Meta rolled out an update on Friday that closes a loophole allowing users to cover the LED recording indicator light on its AI glasses after starting video capture. The company's executive vice president of wearables, Alex Himel, announced on Threads that the camera will now stop recording if the light is covered during an active recording session. Previously, users could circumvent protections by reversing the order of steps—starting the recording first, then placing a s

According to Financial News, on August 29, South Korea's finance ministry is proceeding with the original draft of a bill designed to prevent stock price depression during shareholder inheritance and gifting, despite a presidential instruction for full review issued earlier this month. The bill is expected to be submitted to the cabinet on September 1. The anti-stock depressing measure modifies valuation methods applied when major shareholders transfer listed shares. Low price-to-book ratio (PBR

According to Reuters, multiple risks are converging in September as global investors return from summer break. Iran's war and tensions in the Strait of Hormuz continue to roil energy prices, while the U.S. Federal Reserve and Bank of Japan will hold rate decisions, potentially driving volatility across equities, bonds, and currencies. The Fed is scheduled to announce its rate decision on September 16, with markets pricing in roughly a 40% probability of a rate hike. The BOJ is expected to raise

According to Bloomberg, Tencent released Hy4 Preview, a 770 billion-parameter foundation model with a 1 million-token context window, on August 28. The company made the model weights available on its cloud platform for integration into products including WorkBuddy and its chatbot. Tencent said Hy4 Preview outperformed Z.ai's GLM-5.3 and Moonshot AI's Kimi K3 in blind engineering tests conducted by Tencent experts.

According to Lookonchain monitoring on August 29, two addresses withdrew 318,000 SOL from exchanges within 9 hours, worth approximately $33.55 million.

According to Zhu Anqing, spokesperson of the East China Sea Branch of China Coast Guard, on August 29, the Fujian Coast Guard conducted routine enforcement and patrol operations in waters near Jinmen. Since August, the Fujian Coast Guard has intensified control of the relevant sea areas through continuous fleet deployment, safeguarding the legitimate rights and interests of fishermen on both sides of the Taiwan Strait and ensuring safe navigation and orderly operations in the Xiamen-Jinmen sea a

According to RootData, Ethena (ENA) will unlock approximately 171.88 million tokens worth about $27.57 million on September 5 (Beijing time), data from the Web3 asset platform shows.

According to RootData, Immutable X (IMX) will unlock approximately 9.62 million tokens worth around $1.24 million on September 5 at 8 AM Beijing time.

According to a ruling by Judge Rita Lin of the US District Court for the Northern District of California, yesterday (Aug 28) the Trump administration's blacklisting of AI company Anthropic was deemed illegal retaliation in violation of the First Amendment. The government had banned all federal agencies from using Anthropic's products and prohibited defense contractors from doing any business with the company. Lin vacated the government directives and ordered the Trump administration to rescind t

According to Bank of America Global Research report released on August 27, global DRAM and NAND spot market supply sufficiency ratio has dropped below 50% in September, with prices expected to rise 10-20%. The bank cited strong AI infrastructure demand, prioritized supplies to major customers from chipmakers like Samsung and SK Hynix, and seasonal peak in consumer electronics as key drivers. DRAM prices have already surged significantly; 16Gb DDR5 reached $54, up 85% year-to-date, while NAND 1Tb

According to Guru Club, on August 29, Binance founder Changpeng Zhao criticized Justin Sun's marketing tactics on social media, stating that while aggressive marketing is acceptable, personal attacks and potential damage to someone's career are unnecessary. Zhao suggested pursuing legal action directly rather than disclosing unnecessary details. Sun responded with agreement and subsequently stated the matter had entered judicial proceedings as a civil financial dispute.

According to Yicai, Blue Owl Capital-managed funds led US$2.4 billion in debt financing for IREN, an Australia-based AI data center operator, to purchase Nvidia Blackwell Ultra graphics processing units and expand its Mackenzie facility in British Columbia. The package comprises a US$1.2 billion senior secured term loan and US$1.2 billion in senior secured notes, both carrying a 9% interest rate and maturing in two and a half years.

According to Odaily, PONS, a token in the Robinhood ecosystem, hit a market cap of $110 million on August 29, marking a new all-time high. Pons Treasury has been using 80% of protocol fees to continuously accumulate PONS.