Gate Crypto Flash News and Market Updates

According to Cointelegraph, Thailand's Securities and Exchange Commission issued a proposal to allow intermediaries to provide retail investors access to offshore cryptocurrency derivatives. Compliant products must mirror domestic crypto derivatives structures (underlying assets, expiration dates, leverage, settlement methods) and trade on exchanges with central counterparty clearing mechanisms under international regulatory oversight. Non-compliant products will be restricted to institutional i

According to the German Interior Ministry, the country's foreign and interior ministers will hold a press conference on Tuesday to discuss an attempted drone attack on Leipzig Airport.

According to The Block, DeFi Development Corp (NASDAQ: DFDV), a Solana treasury company, announced plans on Monday to issue up to $20 million in Series C perpetual preferred stock at $10 per share with an initial annual dividend rate of 13%. The company intends to use the proceeds to purchase additional SOL and other crypto-related assets. DFDV currently holds approximately 2.33 million SOL, having increased its position by roughly 19,000 SOL last week at an average price of $98.14 per share.

According to Eugene Investment Securities analyst Kim So-jeong on September 1, POSCO Holdings received a new 'buy' rating with a target price of 490,000 Korean won (approximately $375 USD). The investment bank projects the conglomerate's full-year operating profit will reach 3 trillion Korean won, up 66% year-over-year, driven by stabilized raw material costs and improved margins across steel, energy, and lithium segments. For the third quarter, the bank forecasts operating profit of 430 billion

According to Digital Asset, on September 1 at 6 PM KST, Bitcoin's kimchi premium (price premium of Korean exchanges vs. Binance) averaged 0.59% across five major domestic exchanges: Upbit, Bithumb, Coinone, Cobit, and Gopax. Individual premiums ranged from 0.52% at Cobit to 0.61% at both Coinone and Gopax.

According to the Russian Defense Ministry, Russian Armed Forces have claimed to have "liberated" Novopavlivka and Chervonokrynytsya in the Zaporizhzhia region on September 1.

According to Korea Securities Depository data, South Korean retail investors have net purchased US stocks worth approximately 9.71 trillion Korean won ($70.39 billion) over the past two months. The surge reflects reduced foreign exchange headwinds as the Korean won strengthened to 1,360 against the US dollar—its highest level in 13 months—amid broader shifts away from the domestic KOSPI market. The SOXL ETF, which provides 3x leverage to the Philadelphia Semiconductor Index, emerged as the leadi

According to its official statement, AI Fiesta, an Indian consumer AI app founded in 2025, announced on September 1 that it was expanding in Southeast Asia through partnerships with giga in Singapore and Globe Telecom in the Philippines. The tie-ups will integrate AI Fiesta's service into telecom offerings in both markets—gigaFLEX+ plans in Singapore and micro-tiered plans for Globe's prepaid market in the Philippines. The company reported over 1 million registered users across India, Nepal, Bhu

According to Binance's official announcement, the exchange will adjust collateral rates for 11 assets on September 4, 2026 at 06:00 UTC, with the update expected to complete within approximately 30 minutes. ZEC's collateral rate will increase from 50% to 70%, while AIXBT, RARE, KSM, CATI, RED, FLUX, PIXEL, RONIN, SAGA, and BICO will decrease from 30% to 10%. SYRUP's rate will rise from 10% to 30%. Users are advised to monitor their uniMMR closely to avoid potential liquidation risks.

Italy's harmonized Consumer Price Index (HCPI) rose to 3.2% year-over-year in August, according to preliminary data, beating economists' forecast of 3.4% and rising from 2.90% in the previous month.

According to Istat, Italy's August harmonized consumer price index (CPI) rose 0.1% month-on-month in its initial reading, falling short of the expected 0.4% increase and reversing the previous month's 1% contraction.

Italy's August CPI month-on-month initial reading came in at 0.5%, matching expectations, up from 0.30% in July.

Italy's consumer price index rose to 3.3% year-on-year in August on a preliminary basis, up from 2.9% in the prior period.

Italy's August harmonized consumer price index came in at 0.1% month-over-month (MoM) in its initial reading, falling short of the 0.3% forecast and rebounding from the previous month's -1.0%.

According to Korean Credit Rating, SK Ecoplanet sold its 35.62% stake in SK Ocean Plant to D-Ocean Consortium yesterday (August 31) for approximately 410 billion won, aimed at strengthening artificial intelligence infrastructure operations. The credit rater noted that the stake sale's impact on SK Ecoplanet's consolidated operating results will be limited, as SK Ocean Plant accounted for only 3% of group revenues and 2% of operating profit as of end-June. Net debt is estimated to decrease from a

Eurozone consumer price inflation reached 3.3% year-over-year in August, according to preliminary data, matching economist forecasts and rising from 2.90% in July.

The eurozone's unemployment rate for July came in at 6.4%, exceeding the forecasted 6.3%. The previous month's reading was also revised upward to 6.4% from the initially reported 6.3%.

Eurozone core CPI (consumer price index excluding energy and food) came in at 2.1% year-over-year in August, missing economists' forecast of 2.3% and declining from 2.2% in July.

Cango Inc. reported Q2 2026 results showing total revenue of US$50.8 million and net loss of US$81.6 million, primarily driven by non-cash impairment and disposal losses on mining machines. Bitcoin mining contributed US$47.4 million of total revenue, with the company deliberately reducing operating hashrate by phasing out older S19 series machines and shifting capacity into hosted leasing arrangements. Operating hashrate stood at 27.58 EH/s as of June 30, 2026, split between 19.84 EH/s self-mini

According to Korea Exchange, retail investors in South Korea purchased 2.16 trillion Korean won in net trades on KOSDAQ in August, reversing a selling trend seen earlier in the year. The shift came as foreign investors sold 1.84 trillion won during the same period. KOSDAQ surged 15.91% in August, outperforming KOSPI's 3.4% gain by 12.51 percentage points—the largest monthly relative outperformance since November 2017. Retail buying was concentrated in growth stocks including semiconductors, with