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
03:33

Anthropic Adds Context Locks to Claude's Encrypted Reasoning in Fable 5.1 API

According to 动察 Beating, Anthropic has added context locks to Claude's encrypted reasoning in Fable 5.1. Encrypted thoughts generated via the API must now be returned alongside the original system prompt, tools, and message history. If any preceding content is modified, the API returns an error or discards the encrypted reasoning. The update aims to prevent model distillation attacks. Previously, researchers discovered that while encrypted thoughts are unreadable to users, they could be passed t
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03:31

South Korea's Digital Asset Basic Law Faces Lengthy Approval Timeline Despite September Introduction

According to reporter Park Bum-soo via News Tomato on September 1, South Korea's proposed Digital Asset Basic Law outlined two key legislative disputes: stablecoin issuance authority (bank-led consortium vs. fintech participation) and major shareholder stake limitations (treating exchanges as public infrastructure vs. concerns over innovation constraints). Even if introduced in September, National Assembly discussions are expected to extend until year-end, with full legislative completion projec
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03:31

CNBC Host Cramer Urges Nvidia to Launch $50B Stock Buyback to Capture 10% of Shares

According to CNBC's Mad Money host Jim Cramer on Monday, Nvidia should significantly accelerate stock repurchases, proposing a $50 billion buyback program to purchase roughly 10% of its outstanding shares. Cramer argued the market has not adequately reflected Nvidia's exceptional business growth, and greater buybacks would boost remaining shareholders' ownership stakes and reinforce investor confidence in the company's value. Nvidia's stock has risen only 8% since its October 28, 2025 GTC confer
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03:31

Goldman Sachs: TrendForce Raises Q3 2026 PC DRAM Price Forecast to 18-23%, Mobile DRAM Cut to 8-13%

According to Goldman Sachs research on August 31, TrendForce raised its Q3 2026 PC DRAM price forecast to 18-23%, up from the prior 15-20%, while cutting mobile DRAM expectations to 8-13%. Server DRAM guidance was maintained at 13-18%. In August spot market trading, DDR4 8GB and DDR5 8GB prices each rose 2% sequentially, with DDR5 server module premiums expanding to 16% from 15%. TrendForce attributed mobile DRAM softness to elevated customer inventory levels, expecting price gains to further sl
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03:30

Two Tankers Hit in Strait of Hormuz on August 31; U.S. Strikes Iranian Military Targets

According to maritime security experts cited by Financial Times, two tankers including the South Korean-owned Senegal Prosperity and Saudi-owned Sidra were hit by unidentified projectiles on August 31 in the Strait of Hormuz. The attacks followed U.S. airstrikes targeting Iranian Islamic Revolutionary Guard Corps (IRGC) rocket launcher positions on Larak Island. U.S. forces subsequently targeted Iranian government tankers as part of a new "tanker for tanker" retaliation policy approved by Presid
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03:29

CNH HIBOR Rates Down on September 2, Two-Week Rate Falls to 1.44%

According to Jin10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) on Wednesday, September 2 showed most tenors declining. The two-week HIBOR dropped to 1.43606%, overnight rose to 1.38182%, one-week held steady at 1.40364%, and one-year fell to 1.66939%.
03:25

S&P Dow Jones and Kaiko Launch Joint S&P Kaiko Digital Asset Indices Covering 4,000+ Rates

According to ChainCatcher, S&P Dow Jones Indices and Kaiko announced on September 1 the launch of S&P Kaiko Digital Asset Indices, combining Kaiko's digital asset reference rates and multi-asset indices with S&P DJI's existing crypto indices under a unified brand. The series covers over 4,000 rates and indices across digital asset categories. Kaiko will provide crypto-native data infrastructure and market expertise, while S&P DJI handles global licensing, distribution, and benchmark governance.
03:25

China's PLA Southern Theater Conducts Readiness Patrol Around Scarborough Shoal on September 2

According to China's People's Liberation Army Southern Theater, on September 2, the military organized naval and air forces to conduct a readiness patrol in the waters and airspace around Scarborough Shoal and surrounding regions. The theater stated that Scarborough Shoal is China's inherent territory, and since August, forces have intensified patrol and surveillance operations to strengthen control of the area and safeguard national sovereignty.
03:23

SEC Proposes First Major Update to Transfer Agent Rules Since 1970s, Including Blockchain Provisions

According to ChainCatcher, the U.S. Securities and Exchange Commission has proposed updating transfer agent rules for the first time since the late 1970s. The updated rules address blockchain technology, tokenized securities, and distributed ledger systems that market participants are adopting to maintain securities ownership records. Transfer agents acting as securities custodians must now manage risks related to blockchain data integrity, tokenized security safeguards, and distributed ledger o
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03:22

UK 30-Year Bond Yields Hit 5.91% Today, Highest Since 1998

According to Yonhap Infomax, UK 30-year government bond yields reached 5.91% on September 2, marking their highest level since 1998. The surge reflects a global rise in long-term bond yields, with Japan's 10-year yields surpassing 3% and US 30-year yields approaching 5.31%. The worldwide bond market sell-off has been driven by growing inflation risks, economic uncertainty, and fiscal deficit concerns, as investors shed major government securities.
03:22

U.S. Treasury Proposes GENIUS Act to Require Audits of Foreign Stablecoins

According to recent reports, the U.S. Treasury proposed the GENIUS Act this week, requiring cryptocurrency exchanges to audit foreign stablecoins as part of regulatory efforts to reshape the stablecoin market. Concurrently, the European Central Bank announced plans to integrate blockchain technology into its digital euro initiative, potentially establishing a state-backed alternative to existing stablecoins. In Russia, Sberbank announced it would accept ether and USDT as collateral for business
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03:21

Singapore's MAS Proposes 100% Reserve Requirement for Stablecoins, Bans Yield Payments

According to ChainCatcher, Singapore's Monetary Authority (MAS) has proposed amendments to the Payment Services Act requiring stablecoin issuers to maintain at least 100% of circulating tokens in reserve assets held separately from the issuer's own funds and deposited only with licensed financial institutions. The proposal also prohibits issuers from paying interest or returns tied to stablecoin holdings, as stablecoins should be used for payments rather than investment or yield generation. The
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03:21

Whale Address 0xe2ad Executes $9.3M First Batch From $60M BTC Buy Plan on September 2

According to BlockBeats citing TradingBeats, on early September 2, whale address 0xe2ad triggered its first batch execution from a pre-positioned 60 million USD buying plan, acquiring 121.53 BTC at an average price of 76,499.5 USD for approximately 9.3 million USD, representing 15.4% of the total plan. The whale currently maintains 17 pending limit orders to purchase an additional 671.04 BTC at prices between 75,479 and 76,245 USD, with a total value of approximately 50.88 million USD.
BTC-1.04%
03:19

Credo Technology Stock Falls 8.65% on Tuesday Despite Q1 Beat, Revenue Up 115% to $479M

Credo Technology (CRDO) shares fell 8.65% on Tuesday and dropped another 9% overnight despite the AI connectivity company beating fiscal Q1 estimates. The company reported adjusted earnings of $1.20 per share, ahead of analyst estimates of $1.17, while revenue rose 115% to $479 million, surpassing forecasts of $473 million. For fiscal Q2, management guided for revenue of $525–$535 million (9–12% sequential growth) and expects an inflection in H2 FY2027 with optical revenue exceeding $600 million
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03:15

GebProxyActions Contract Vulnerability Leads to Theft of 5.9436 ETH

According to SlowMist, the GebProxyActions smart contract suffered a critical access control vulnerability, resulting in the theft of approximately 5.9436 ETH. The vulnerability arose because users called GebProxyActions.quitSystem directly instead of through DSProxy delegation, causing the contract to assume unsafe ownership. Attackers exploited this by invoking quitSystem with arbitrary parameters, bypassing GebSafeManager's access checks and transferring collateral to their own addresses.
ETH-1.89%
03:13

Alibaba Upgrades Qwen3.8-Max to 0902: Programming Tests Rise Across 8 Benchmarks, 3 Exceed Claude Opus 5

According to Alibaba, Qwen3.8-Max received an upgrade on September 2, introducing Qwen3.8-Max-0902 with improved coding performance. The model maintains 2.4 trillion parameters and 1 million token context window. Across 8 programming benchmarks, all scores increased: TerminalBench 3.0 rose from 11.3 to 29.0, DeepSWE 1.1 from 56.6 to 69.3, QwenSWEbench V2 from 55.1 to 70.0, and JobBench from 53.4 to 64.0. Compared to Claude Opus 5, Qwen3.8-Max-0902 surpassed the competitor on three benchmarks: ML
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03:11

Ethereum Foundation Hosts Live Privacy Discussion with Web3Privacy Today at 2 PM UTC

The Ethereum Foundation is hosting a live discussion with Web3Privacy today (September 2) at 2 PM UTC to explore privacy initiatives in the blockchain ecosystem. The session will feature discussions on the Privacy Explorer tool, which enables secure data retrieval, and showcase Web3Privacy's framework for privacy-enhancing solutions in decentralized applications.
ETH-1.89%
03:09

Copper Falls Below $14,200/Ton on Sept 2 as Oil Surge Stokes Economic Concerns

According to Jin10, copper prices fell below $14,200 per ton on September 2, marking the second consecutive trading day of losses as oil rallied for a third straight session, intensifying global growth concerns. Rising tensions around the Hormuz Strait and Iran developments clouded near-term supply recovery prospects. The decline comes despite copper gaining nearly 4% in August. Separately, recent hawkish rhetoric from Federal Reserve chair Kevin Walsh, coupled with escalating U.S.-Iran tensions
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03:09

WTI Crude Surges 5.2% to $90.22 on U.S.-Iran Tensions; Hyperliquid Trader Suffers $1.26M Drawdown on Sept 2

According to BlockBeats citing TradingBeats, on September 2, U.S.-Iran tensions escalated with mutual strikes, raising supply risks in the Strait of Hormuz. WTI crude oil surged 5.2% to $90.22 and Brent rose 4.6% to $94.65, both reaching five-week highs. Meanwhile, a major short trader (0x0c4a) on Hyperliquid liquidated 31,461.31 WTI and 50,774.85 Brent short contracts, realizing losses of approximately $53,900 and $161,200 respectively. The account posted a single-day drawdown of $1.26 million
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