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
23:08

Real Trump Coins Denies Launching GOLD Token on Solana, Blames 'Bad Actors' for 82.45% Concentrated Supply

According to Real Trump Coins' official statement on Saturday, the entity denied launching, promoting, or authorizing the Trump Digital GOLD token that appeared across its online presence before collapsing. The company blamed the promotion on third-party bad actors and said it was working with authorities to investigate. Lookonchain reported the GOLD token exhibited highly concentrated supply, with the developer and newly created wallets controlling 82.45% of total tokens. According to blockchai
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TRUMP-9.45%
23:08

South Korea: Card Loan Balances Fall 460B Won, But Higher-Rate Credit Products Rise 600B Won in May-July Period

According to Korea Credit Finance Association, card loan balances fell 460 billion won between May and July, but cash services and revolving credit increased by 600 billion won during the same period. As of July 31, the combined balance of nine major card issuers' card loans reached 42.796 trillion won, down from 43.253 trillion won in May. Meanwhile, cash service balances rose to 7.025 trillion won from 6.504 trillion won, and revolving credit balances increased to 6.876 trillion won from 6.800
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23:08

KB Investment Partners with AI Chip Developer Rebellion, Launching Group-Wide Scaling Initiative

According to Asia Economics, KB Investment, the venture capital arm of KB Financial Group, announced a strategic partnership with AI semiconductor company Rebellion in May. The collaboration integrates Rebellion's domestically developed AI chips into KB Financial's broader infrastructure. KB Investment led Rebellion's Series A funding in 2022 and continued through subsequent rounds alongside KB Securities, establishing a scaled-up structure where early-stage venture investments transition into g
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23:07

SK Hynix Cuts Stock Price Target to 2.4M Won from 3.3M Won Amid HBM4 Competition

According to LS Securities on August 31, SK Hynix saw its 2027 HBM (high-bandwidth memory) operating profit margin forecast cut to approximately 60% from the previously projected 80%, prompting a target price reduction from 3.3 million won to 2.4 million won. The downgrade reflects intensified competition as Samsung enters the HBM4 market and competitors expand production capabilities. LS Securities analyst Jung Woo-sung noted that while SK Hynix's HBM shipment growth remains solid, supplier div
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23:07

Intel 14A Process Hits Best Defect Density Since 22nm, Customers Begin Asking for Capacity

According to Intel CFO David Zinsner at Deutsche Bank's 2026 Tech Conference, the company's next-generation 14A process shows defect density improvements exceeding its original target and matching the best performance since the 22nm generation. The 14A is on track for risk production in H2 2027 and full-scale production in 2028. Customer sentiment has shifted notably. Intel's internal design teams are already developing products on 14A, while external foundry customers have progressed from revie
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23:06

ECB's Schnabel Calls for Central Bank Money Onchain; Project Pontes Launches September 2026

According to Bloomberg, ECB executive board member Isabel Schnabel called for the European Central Bank to move its reserves onchain on August 28, citing that central bank money can provide liquidity assurance during financial stress better than private stablecoins. Project Pontes, due to launch in September 2026, will synchronize the ECB's TARGET Services payment infrastructure with distributed ledger technology (DLT) platforms used by market participants. The initiative will eventually support
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23:02

Meta Testing Robots from Multiple Vendors to Automate Data Center Tasks

According to current and former Meta workers, the company is currently testing robots from multiple vendors, including Kinova, ABB, and Watney Robotics, to automate various tasks within its data centers. The robots are being evaluated for power cycling servers, swapping networking cables, and restarting devices remotely. One worker estimates that if successful, the technology could replace up to 80 percent of some workers' physical workloads. Meta is conducting experiments with a Kinova Gen3 rob
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23:01

Fed Chair Powell's Hawkish Stance Triggers Semiconductor Rout; Philadelphia Index Plunges 3.47% on August 28

According to Newsis, Fed Chair Kevin Powell's hawkish remarks at the Jackson Hole conference on August 28 sparked a sell-off in U.S. semiconductor stocks. Powell signaled potential rate hikes in September if inflation fails to reach the Federal Reserve's 2% target. The Philadelphia Semiconductor Index plummeted 3.47%, with Nvidia falling 4.57% and Marvell Technology declining 10.28%. CME data showed the probability of a 0.25% rate increase at the September FOMC meeting surged to 57.5% from 35.4%
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23:01

DB Insurance Raises Shareholder Payout Target to 50% by 2030, Sets 10% DPS Growth Goal

According to Edaily, on August 31, DB Insurance announced new shareholder return targets as part of its corporate value enhancement plan. The company raised its standalone shareholder payout ratio target from 35% by 2028 to 50% by 2030. Additionally, DB Insurance committed to increasing dividends per share (DPS) by at least 10% annually. The annual shareholder payout ratio increase was expanded from 1.7 percentage points to 4 percentage points, according to Kiwoom Securities analyst An Young-jun
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22:58

Evercore Raises Amazon Price Target to $355 on Agent AI-Driven Retail Growth

According to CNBC reporting Evercore ISI analysis, on August 28, the investment firm raised Amazon's (NASDAQ: AMZN) price target from $315 to $355, a 12.7% increase, citing Agent AI as a powerful catalyst for e-commerce revenue growth. The firm maintained its "Outperform" rating and said the new target implies approximately 40% upside from the previous close. Analyst Mark Mahaney cited Evercore's annual e-commerce survey showing that autonomous shopping agents are delivering material sales lift
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22:52

Solana Rallies 46% in August, Hits $110.38 as Institutional Inflows Accelerate

According to Bitcoin.com News, Solana (SOL) climbed 46% in August, reaching $110.38 on Aug. 27, its highest level since late January. The token traded near $106 on Aug. 30, with its market valuation near $61 billion, snapping ten consecutive monthly declines. U.S. spot SOL exchange-traded funds have collected $1.34 billion in cumulative net inflows since launching in October 2025, while Charles Schwab announced plans to add SOL access across its platform serving roughly 39 million brokerage acco
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SOL-1.62%
22:51

UK Discloses First Official Crypto Tax Report: 240 People Report 717 Million Pounds in Capital Gains

According to HMRC (Her Majesty's Revenue and Customs), the UK's tax authority disclosed its first official statistics on taxable crypto asset gains for the 2024-25 tax year on August 30. A total of 240 people each reported more than 1 million pounds in capital gains, collectively accounting for 717 million pounds, representing over half of the 1.38 billion pounds reported by 16,000 filers. The data showed that among all crypto reporters, approximately 87% were male and 13% were female, with an a
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22:47

Federal Reserve Rate Hike Odds Jump to 57% for September After Jackson Hole Speech

According to CME's Fedwatch Tool, odds for a 25-basis-point federal funds rate hike on September 16 surged to 57% as of August 30, up sharply from just 39.9% on August 21, following Federal Reserve official Christopher Warsh's Jackson Hole Economic Policy Symposium keynote on August 28. Warsh highlighted persistent inflation as a key concern, noting the Fed's preferred 12-month PCE inflation gauge running at 3.7% and six-month reading at 4.1%, both well above the central bank's 2% target. While
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22:44

Samsung Electronics Target Price Raised 12.5% to 450,000 Won on HBM4 Shipment Expansion to 35%

According to LS Securities, on August 31, Samsung Electronics' target price was raised 12.5% to 450,000 won, driven by expectations of improved profitability from higher high-bandwidth memory (HBM) contribution. LS Securities analyst Jung Woo-sung noted that HBM4's shipment mix within Samsung's total HBM shipments surged from approximately 5% in Q1 2026 to about 35% in Q2, while yield rates improved more than 5 percentage points quarter-over-quarter, indicating stronger production maturity compa
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22:44

Korean Advanced Materials Raises KRW 2.999B via Small-Offering Loophole, Increases Share Issuance 20% After Stock Price Drop

According to Bizwatch on August 26, Korean Advanced Materials, a KOSDAQ-listed company, completed a small-scale public offering valued at KRW 2.999 billion this week after exploiting a regulatory threshold change. The company set the offering size just below KRW 3 billion to qualify for expedited small-offering procedures that bypass standard Financial Services Commission review. After the company's share price fell from KRW 2,310 to KRW 1,901 during the offering process (August 24-26), it incre
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