Gate Crypto Flash News and Market Updates

The Russian government extended its ban on diesel exports on Saturday through September 30 to secure domestic fuel supply amid intensified Ukrainian strikes on Russian refineries. The government stated the decision aims to support stability in the domestic fuel market.

According to GMGN data cited by BlockBeats, on August 30, the Meme token Microduck's market cap surged past $26 million, reaching a new all-time high, with a 24-hour gain of 18.7%. The token recorded $12.6 million in 24-hour trading volume.

According to a PRNewswire statement, Bullish announced this week that it extended a $100 million debt facility to USD.AI for GPU-backed artificial intelligence loans. The funds will support loans to AI infrastructure businesses using their graphics processing units (GPUs) as collateral, tapping into what Bullish calls a capital-intensive sector larger than legacy debt markets such as auto loans and home equity lines of credit. Bullish's shares have gained 44% over the past month. Thomas Cowan, H

On Aug. 29-30, crypto markets ended the week virtually flat at $2.73 trillion as altcoin performance diverged sharply. Solana (SOL) spearheaded gains following Charles Schwab's announcement to add SOL, AVAX, and LINK to its accounts, while Dogecoin (DOGE) fell 7.2%. Other losers included XRP, which dropped nearly 7%, and ADA, XLM, and BCH, each declining more than 10%. Despite mixed performance, the combined altcoin market capitalization rose 4% from $1.13 trillion to $1.18 trillion over the wee

According to Trader DonAlt, Ethereum is trading around $2,460 on Aug. 30, with the token's daily structure described as crypto's cleanest technical setup right now. DonAlt, known for identifying XRP's major rally early, has turned his attention to ETH, viewing it as a potential market guide for the broader altcoin sector. Ethereum has climbed roughly 30% from the $1,880 area where it traded in mid-August, building a consolidation zone above $2,400 support. DonAlt identified the next key resistan

According to a research report by Barclays Bank, AI model companies see approximately $35 to $40 out of every $100 in revenue flow to the three major cloud providers—Amazon Web Services (AWS), Microsoft's Azure, and Google Cloud Platform (GCP)—in the form of inference computing costs. Cloud service providers retain $10 to $20 of this flow as operating profit, corresponding to operating margins of 35% to 45%.

According to Chainalysis, in June 2026, an unidentified attacker drained Jaredfromsubway.eth's sandwich bot of $7.5 million using 66 fake token contracts designed to mimic WETH, USDC, and USDT. The bot's automated trading logic scanned the contracts for arbitrage opportunities, granting token-spending approvals to the attacker's malicious contracts. Once sufficient approvals accumulated, the attacker swept the bot's real holdings in coordinated transactions, with proceeds later laundered through

According to HTX market data, SOL breaks below $105 at $104.96, up 1.39% in the last 24 hours.

According to BlockBeats, on Aug 30 at 19:30 UTC+8, Niulai, a BSC-based meme token, surged 10% following its listing on Binance Futures, with market capitalization rising from $93 million to $104 million. The token gained 85% over the past 24 hours with $45.5 million in trading volume.

According to the Reuters Econ World podcast, U.S. Treasury Secretary Scott Bessent announced in late August plans to double the size of regular Treasury buyback operations from $2 billion to at least $4 billion per operation, with the expanded program set to begin on September 9. The move, part of what market observers call a "Treasury twist" strategy, aims to reduce long-term bond supply and lower borrowing costs. However, yields briefly dipped on the buyback announcement before rebounding, wit

According to Xinhua, on August 29, Iceland held a nationwide referendum to decide whether to restart negotiations on joining the European Union. Voting took place from 9 a.m. to 10 p.m. local time, with voters choosing "yes" or "no"; a "yes" vote authorizes the government to resume EU accession talks. Iceland's population is approximately 400,000. The country first applied to join the EU in 2009 but halted negotiations in 2013 after a eurosceptic government took office.

Since early 2025, the Trump administration has converted federal grants into direct equity stakes in private companies, holding roughly $27 billion across 30 transactions, including a 10% stake in Intel and 15% stake in MP Materials tied to CHIPS Act funding and the Defense Production Act. The policy faces mounting opposition. A July 2026 CNBC poll found 49% of voters view government ownership stakes as inappropriate versus only 19% in support. Among economists, 67% believe government equity sta

According to Galaxy Research data, a Bitcoin address that had remained dormant since 2011 transferred 10 BTC on Aug. 29, marking the first movement of the coins in approximately 15.2 years. The transfer was recorded in block 964,539, mined by Foundry USA, and the 10 BTC were valued at approximately $777,000 at the time of the transaction. The wallet initially received the Bitcoin on June 17, 2011, when BTC traded near $15 per coin, representing a gain of roughly 503,000% from the estimated 2011

According to Ukraine's State Emergency Service, Kyiv region was struck by Russian military forces again on August 29, with multiple logistics infrastructure facilities hit and large-scale fires ignited. Local rescue teams have begun firefighting and post-incident recovery operations.

According to The Energy Mag, Swedish tax authorities have intensified scrutiny of cryptocurrency miners, with HIVE Digital and Northern Data AG facing significant VAT (value-added tax) disputes in August 2026. HIVE has recognized an $84.7 million provision for disputed VAT periods through June 2026, including $76.6 million in VAT and $8.1 million in supplements and interest. Northern Data faces proposed VAT denials totaling €28 million and €20 million at two subsidiaries, alongside a separate cr

According to Korea Exchange, KOSPI fell 1.79% to 6,788.88 on August 28 as markets prepare to test the 7,000 level next week. South Korea's August export data, scheduled for release on September 1, and U.S. employment figures due on September 4 are viewed as key factors that will determine the index's direction in the coming week.

According to Chinese state media CCTV, the barrier lake that formed in Puzhepuqiang Zangbu following a mudslide disaster in Nepal on August 26 has now naturally drained. The barrier body is basically cleared, with water flowing normally through the barrier outlet, according to China's Ministry of Water Resources emergency monitoring data.

According to Reuters, Federal Reserve Chair Kevin Warsh's Aug. 28 Jackson Hole speech emphasizing persistent inflation pushed the U.S. 2-year Treasury yield to 4.36% today. Warsh highlighted that the Fed's preferred PCE inflation gauge was running at 3.7% over 12 months and 4.1% over six months, with unemployment at 4.1%, reinforcing expectations that policymakers could tighten further if price pressures do not cool. Markets responded by raising the probability of a September rate increase from

According to rwa.xyz, Stellar's tokenized real-world asset market reached $3.996 billion as of August 29, up 360% from $868.8 million at the end of 2025. The expansion spans U.S. Treasurys, private and public credit, non-U.S. government debt and other securities. Major contributors include Spiko Amundi at $1.55 billion, Realiz at $559 million, Tradable at $548 million, Franklin Templeton at $546 million and Ondo at $535 million. Despite the institutional tokenization surge, XLM has trailed the g

According to CryptoSlate, Polygon Labs issued an emergency notice on August 29 after the Austin and Kyoto hard forks activated, requiring nodes running outdated Bor or Heimdall versions to upgrade immediately. The Austin hard fork activated at mainnet block 91,949,700 and requires Bor v2.10.0 or higher; Kyoto activated at height 51,533,000 and requires Heimdall v0.11.0 or higher. Nodes not upgraded have fallen out of consensus. Austin patched two Bor resource exhaustion vulnerabilities affecting