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
09:53
0

Hong Kong's Hang Seng Index Falls 0.39% on Sept 3 as Tech Stocks Decline

According to Yi Cai (Cnyes), Hong Kong's Hang Seng Index fell 0.39% to close at 25,213.31 points on Sept 3, amid a mixed market performance. The Hang Seng Tech Index declined 1.08% to 4,468.48, while the National Enterprises Index dropped 0.77% to 8,385.24. Tech and Apple-linked stocks led declines, with Alibaba-W, Xiaomi-W, NetEase, and Kuaishou all falling over 2%; Meituan-W and Tencent also closed lower. In contrast, property and gold stocks rallied, with Ronshine China surging over 7% and go
More
09:52
0

Broadcom Q3 Revenue Rises 86% to $29.6B, AI Sales Triple, but AVGO Falls 4-6% on Guidance Miss

According to CNBC and other outlets, Broadcom reported fiscal Q3 2026 results on September 2 with revenue rising 86% to $29.6 billion versus a $29.43 billion consensus, and adjusted EPS of $3.32 beating the $3.24 estimate—extending a streak of nine consecutive quarterly beats. AI semiconductor revenue more than tripled to $16.7 billion, up 221% year over year, and now represents 56% of total company revenue. Despite topping expectations, AVGO shares fell 4% to 6% in extended trading. The decline
More
09:52
0

GPIF Will Expand JGB Holdings More Slowly Than Markets Expect, Daiwa Securities Says on Sept 3

According to Daiwa Securities, on September 3, the Bank of Japan's Government Pension Investment Fund (GPIF) will expand its domestic bond allocation at a much slower and more gradual pace than many market participants anticipate, despite managing over 300 trillion yen in assets. Makoto Imai, head of Daiwa's FICC division, stated that GPIF must invest solely for pension beneficiaries' benefit and cannot support government policy or market management. Meanwhile, Japan's 10-year government bond yi
More
09:52
0

South Korea Government Bond Yields Fall on Sept 3, 3-Year at 3.888%, 10-Year at 4.367%

According to Yonhap Infomax, South Korean government bond yields declined across all maturities on September 3, with the 3-year yield falling 4.2 basis points to 3.888% and the 10-year yield dropping 5.1 basis points to 4.367%. The 30-year yield declined 2.2 basis points to 4.635%. The decline followed weakness in U.S. and Japanese government bond markets, as well as softer-than-expected U.S. private employment data from ADP showing 38,000 jobs added versus an expected 47,000.
09:50
0

Global Fund Managers Urge to Abandon Traditional 60-40 Asset Allocation as Geopolitics Reshape Markets

According to the 2026 Jeonju International Finance Conference (JIFIC) held on September 3, global asset managers warned that the traditional investment playbook built on globalization and low inflation is no longer viable. The U.S. now accounts for 60% of global stock indices, up from 50% two decades ago, while supply chain fragmentation and defense spending driven by geopolitical tensions have created structural inflation pressures. Lazard Asset Management CEO Chris Hobin stated that geopolitic
More
09:45
0

USD/KRW Falls to 1,359.30 Won, 14-Month Low, on September 3 Amid Exporter Dollar Sales

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,359.30 won on September 3 afternoon (Seoul time), down 9.40 won from the previous close. The decline marks the lowest level since July 2, 2025, based on Seoul market closing rates. Exporter dollar sales and yen strength weighed on the won, with demand from semiconductors driving the downward pressure.
09:44
0

Kalshi Files for CFTC Approval of WTI Crude Perpetual Futures Contract Next Week

According to Bloomberg and Reuters, Kalshi will file a request with the Commodity Futures Trading Commission (CFTC) for approval of a West Texas Intermediate (WTI) crude oil perpetual futures contract as soon as next week. The product would trade 24 hours a day, five days a week, and would never expire. If approved, it would be the first oil-linked perpetual futures product to trade on a regulated U.S. platform.
09:44
0

Coldcard Hacker Swaps 10% of Stolen Bitcoin for Ether via THORChain on Wednesday

According to Galaxy Research head Alex Thorn, the third-wave Coldcard hacker moved about 10% of stolen Bitcoin and began swapping it for Ether via THORChain on Wednesday. Thorn reported on X that the remaining 90% of the stolen funds remain untouched, marking the first time any of the three waves of Coldcard exploits have moved onchain from the original hacker addresses. The attacker encountered multiple refunds during the THORChain swap and kept retrying. Onchain analysts traced the converted f
More
BTC1.12%
ETH0.45%
09:44
0

Fomo Platform Top Trader's Portfolio Grows $9.8M in Past Month

According to Lookonchain, the top-ranked trader on the Fomo platform saw portfolio value increase by over $9.8 million in the past month as of September 3. The trader's largest gain came from $PONS holdings, generating $5.63 million in profit.
09:44
0

Southeast Asia Blockchain Sector Raises US$6.2B, with US$680M in 2026 Year to Date

According to Tracxn Technologies' September 2026 report, Southeast Asia's blockchain sector has raised US$6.2 billion in equity funding across 1,323 funded companies to date, with US$680 million raised in 2026 year to date. The region tracks 3,957 blockchain companies overall. Singapore and crypto financial services attracted the most capital. Funding peaked at US$2.2 billion in 2022, then fell to US$386 million in 2023, recovered to US$804 million in 2024, and declined to US$319 million in 2025
More
09:42
0

Robinhood Chain DEX Volume Hits $1.851B in 24 Hours, Chain Revenue Tops $4.01M

According to DeFiLlama, Robinhood Chain's DEX trading volume reached $1.851 billion in the past 24 hours on September 3, marking its sixth consecutive day of all-time highs. The chain's fee revenue hit $4.45 million and network-layer income reached $4.01 million, both ranking first among major protocols. Robinhood Chain's 24-hour revenue of $4.01 million exceeded the combined total of Base, Solana, Ethereum, and BSC by approximately 13.9 times.
More
SOL1.09%
ETH0.45%
09:37
0

Echo Base Establishes BitMart Creditor Committee, Pursues $10M Recovery Plan for Frozen Assets

According to ChainCatcher, Echo Base has established a BitMart creditor committee to represent users with frozen assets on the exchange, hiring legal advisors to evaluate recovery options including unfunded bankruptcy proceedings. The firm previously proposed a $10 million funding plan to support a pre-negotiated BitMart bankruptcy filing, which remains unanswered. Sonn Law Group is investigating users with at least $500,000 in frozen BitMart assets to assess potential claims and recovery strate
More
09:35
0

Trump Signs Emergency Order Over China's Role in U.S. AI Data Center Power Supply

According to CNBC, President Trump signed an executive order last week declaring a national emergency over foreign threats to U.S. bulk-power system equipment used in AI data centers. Chinese suppliers account for 30-40% of transformers and switchgear, over 40% of battery imports, and roughly two-thirds of global optical transceiver supply. The order authorizes the Energy Department to prohibit or impose conditions on certain transactions involving components used in grid and data center infrast
More