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
13:28

SEC Submits Cryptocurrency Custody Rule Proposal to White House

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has submitted a new rule proposal to the White House Office of Management and Budget (OMB) regarding custody of client digital assets by investment advisers and investment companies. The proposal aims to clarify the framework for advisers and funds to hold customer cryptocurrencies, addressing institutional inquiries on compliant asset custody practices. The SEC plans to remove existing custody requirements deemed obsolete
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13:26

Federal Reserve Official: Core PCE Momentum Faces Tougher Comparisons in H2 2026

According to Wall Street Journal reporter Nick Timiraos, the Federal Reserve faces a more challenging inflation comparison for the remainder of 2026. Core personal consumption expenditures posted month-over-month increases of 0.18% to 0.23% from August to November 2025. Since November 2025, only June 2026 saw a monthly increase below 0.23%, suggesting tighter comparisons ahead could complicate the Fed's inflation assessment.
13:23

34 Mobile Malware Families Targeted 1,243 Banking Apps Across 90 Countries in 2025

According to Zimperium's zLabs team, 34 mobile malware families contained tools or targeting data to attack 1,243 banking and fintech applications across 90 countries during 2025. Europe, the Middle East and Africa accounted for more than 800 of the identified app targets and 30 of the 34 malware families. The United Kingdom led the regional targets with 72 apps, followed by Spain with 65, Italy with 57, Turkey with 56 and Germany with 55.
13:22

39-State BankChain Alliance Plans U.S. Banking Blockchain Network for 2027 Launch

Thirty-nine U.S. state bankers associations have formed the BankChain Alliance, a nationwide permissioned blockchain initiative led by the Texas Bankers Association with a planned launch targeted for 2027. Kathy Kraninger, president and CEO of the Florida Bankers Association, is serving as interim chair. The alliance intends to create bank-owned and governed blockchain infrastructure supporting tokenized deposits, smart payment applications, automated settlement and bank-issued stablecoins. Tech
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13:19

Uzbekistan Central Bank to Convene Wall Street Firms in Mid-September to Discuss $64.3B Foreign Reserves Strategy

According to Jin10 Data, on August 26, Uzbekistan's Central Bank planned to hold a roundtable discussion with major U.S. asset managers, including Goldman Sachs, BlackRock, and JPMorgan Chase, in mid-September to explore potential investment channels for its foreign reserves. Central Bank Governor Timur Ishmetov stated the bank aims to diversify beyond gold, which currently comprises 87% of its $64.3 billion in reserves, down from $66.3 billion at the start of 2026. The World Gold Council report
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13:16

B.AI Daily API Users Hit 23,432 and Token Throughput Surges to 594.71B on August 25, Both All-Time Highs

According to B.AI, on August 25, the platform's daily new API users reached 23,432, marking an all-time high, while daily token throughput surged to 594.71 billion tokens, also setting a new record. During the same period, B.AI accumulated 79,500 new API users, processed 74.108 million token calls, and handled over 3 trillion cumulative tokens across its one-stop AGI infrastructure platform.
13:13

Chinese NAND Maker YMTC Targets Global Leadership by End of 2027, Claiming 14% Market Share

According to Financial Times, on August 25, Chinese NAND flash memory manufacturer Yangtze Memory Technologies (YMTC) aims to become the global leader by end of next year amid its large-scale initial public offering (IPO). Counterpoint Research data shows YMTC claimed 14% global NAND flash market share in Q2 2026, rising from just 4.8% in 2021—nearly tripling in five years. Currently third behind Samsung Electronics (25%) and SK Hynix (22%), YMTC's parent company CCSH submitted IPO documents to
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13:13

Musk Reveals Tesla AI5 Chip Can Match Nvidia's Power Efficiency 2-3x Better, Costs Only 10%

According to Wccftech, Tesla CEO Elon Musk recently shared progress on the company's AI5 inference chip during a discussion with hedge fund manager Ron Baron. The AI5, which completed tape-out in April and is now being produced by Samsung Electronics, delivers 2-3x better power efficiency per watt compared to Nvidia's chips for automotive and robotics inference workloads, while costing roughly 10% of Nvidia's chips. Musk stated the single-SoC AI5 matches Nvidia's Hopper architecture performance
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13:12

Coinbase Chief Policy Officer Refutes ABA Opposition to Stablecoin Rewards in Clarity Act

According to ChainCatcher, Faryar Shirzad, Coinbase's chief policy officer, recently wrote in CoinDesk refuting claims by the American Bankers Association (ABA) that stablecoin rewards would drain community bank deposits. The ABA warned that permitting such rewards under the proposed Clarity Act could cause deposit losses. However, Shirzad pointed out that Coinbase has been paying stablecoin rewards on USDC for over four years, yet community bank deposits grew 26% from June 2019 to March 2026, t
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13:05

Amazon AWS Announces Agreement to Acquire DuckLabs, Developer of Open-Source DuckDB

According to reports, Amazon Web Services announced it has signed a definitive agreement to acquire DuckLabs, the company behind the open-source analytics database DuckDB. Upon deal completion, the DuckLabs team will join AWS to enhance the speed, usability, and cost efficiency of AWS data analytics services. Amazon emphasized that the acquisition does not include the DuckDB open-source project itself, which will remain maintained by the independent DuckDB Foundation under the MIT license. DuckD
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13:03

Greece Orders Two Multi-Purpose Frigates from Italy, Deliveries Expected 2028-2029

According to state media on August 26, Greece's military will soon sign a procurement agreement to acquire two multi-purpose frigates from Italy. The first vessel is expected to be delivered to the Greek Navy in the first half of 2028, with the second following in the first half of 2029. Greek shipyards will participate in the maintenance and modification of the vessels.
13:02

Clear Street Adds 27 Markets and Routes Overnight Orders Across Four US Venues

According to Clear Street's August 25 announcement, the electronic equities execution platform extended its service yesterday to 27 markets across Europe and Asia-Pacific while introducing a four-venue smart router for US overnight trading. The expansion comprises 22 EMEA markets and five Asia-Pacific markets (Australia, Hong Kong, Japan, New Zealand, and Singapore), accessible through a single execution connection. The overnight router connects Blue Ocean, Bruce, MOON, and OTC Link N to automat
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