Gate Crypto Flash News and Market Updates

Defense Minister Israel Katz approved on Aug 31 the appointment of Brigadier General Dodo Bar-Klipi as commander of the Central Command, on recommendation of Chief of Staff Ayalon Zmirah. The officer will assume the position in 2027 following operational situation assessment.

According to BIT data, Circle rose over 6% on September 1, trading at $92.67.

According to S&P Global, a super El Niño pattern will deliver above-average rainfall to Argentina, boosting wheat, soybean, and corn production. Among Latin America's six largest economies, Argentina is the only country where El Niño will lift GDP growth. The agricultural benefits are forecast to contribute 1.49 percentage points to GDP in 2026 and 2.03 percentage points in 2027, driven by increased crop yields and exports.

According to the Russian Defense Ministry, Russian forces struck a warehouse facility belonging to West Gate Logistics in Kyiv tonight. The facility was being used for drone assembly, according to the statement.

According to Russia's Finance Ministry, Russian Finance Minister Anton Siluanov met with U.S. Treasury Secretary Janet Yellen during the G20 summit held in the United States.

According to ChainCatcher, Telegram has set its self-custodial Gram wallet as the default option in user settings and rebranded Wallet in Telegram to Walt. Gram wallet serves as Telegram's transaction and payment layer, enabling users to purchase Telegram Collectibles and pay for services and daily expenses. Walt remains connected to Gram wallet and supports deposits, holdings, and withdrawals of over 300 crypto assets across four blockchains, plus trading of 200-plus assets. Walt also offers to

According to PANews, Hyperliquid is in discussions with Kraken's parent company regarding a potential entry into the U.S. market as of September 1.

According to Slowmist founder Yu Xin, users of iToken wallet were targeted in a mass theft on Sept. 1, affecting over 100 addresses and dozens of real users. Private keys were leaked, and attackers stole approximately $200,000. The wallet has a history of collecting user private keys and seed phrases; related gang members have been arrested previously.

According to Dexter Yang, a ByteDance employee, his U.S. stock portfolio returned 23 times over seven years from January 2019 to September 1, 2026, with an annualized return of 51%. Yang noted that ByteDance equity options appreciated 4.5 to 5 times at buyback prices (22-24% annualized) or 8 to 13 times at market valuation estimates of $600 billion to $1 trillion (31-40% annualized). Yang attributed his investment success to a core strategy of "buying early and holding firmly," emphasizing that

IREN Ltd reported a net loss of $684 million for fiscal Q4 2026 ending June 30, driven largely by approximately $450 million in non-cash impairment charges tied to decommissioning Bitcoin mining equipment. Co-CEO Daniel Roberts clarified via social media that the losses are overwhelmingly non-cash, reflecting the company's deliberate pivot away from crypto mining rather than operational weakness. The company guided capital expenditures of $25 billion to $30 billion for fiscal 2027, with AI cloud

According to Iran's deputy parliament speaker, the country should target all oil-exporting nations as a strategy to increase economic pressure on the United States, amid ongoing geopolitical tensions and sanctions affecting Iranian oil exports. Brent crude oil is currently trading at approximately $90.55 per barrel, reflecting a 33% increase from a year earlier.

Goldman Sachs CEO David Solomon and JPMorgan Chase CEO Jamie Dimon participated as direct participants in the G20 Finance Ministers and Central Bank Governors' meeting on August 31, marking the first time private-sector leaders joined official policy discussions rather than observing from the sidelines. The meeting runs through September 1, 2026, in Asheville, North Carolina, hosted by U.S. Treasury Secretary Scott Bessent. Executives from roughly 20 firms attended, including companies like 3M,

Macadamia Wallet announced on August 30 the rollout of bearer ecash transfers to its iOS app, enabling users to receive tokens from any Cashu-compatible device—though the feature is currently limited to EU users. The advancement improves interoperability among privacy-focused wallets; users running different implementations, such as Minibits, can now send bearer tokens directly to iPhone-based Macadamia users. Bearer ecash tokens operate as digital cash: whoever holds them owns the value without

According to Polygon, Mercuryo, a crypto payment service specializing in stablecoin transactions, now handles the bulk of funds entering the network through its on-ramp. Nearly every dollar routed through Mercuryo to Polygon arrives as a stablecoin rather than as a volatile token, marking a significant shift in how users are choosing to onboard onto the layer-2 network.

According to ChainCatcher, Bitcoin miner BitMine Immersion Technologies disclosed on August 30 that it holds 5,067,309 staked ETH, valued at approximately $12.7 billion at $2,511 per ETH. The company added 53,501 ETH in the past week, bringing total holdings to 5,901,112 ETH, which represents 4.9% of Ethereum's total supply of 120.7 million ETH. BitMine reported a staking yield of 2.63% over the past seven days, translating to approximately $335 million in annual staking income based on current

Gate News: According to BWENEWS, Telegram has rolled out Gram Wallet to some users within its app. Durov said that after validators approve the smart contract supporting the feature, they plan to gradually roll it out to over 1 billion users in the coming weeks.

According to commentator @SolanaFloor, JupiterExchange's revenue hit $822K yesterday (Aug 30), marking a seven-month high. The surge was primarily driven by the platform's aggregator business.

According to a16z's latest analysis, stablecoins account for 94% of Argentina's peso-denominated crypto trading volume. The finding highlights growing cryptocurrency integration in everyday financial transactions within the country, as reported by @WuBlockchain. The analysis reveals that approximately one in five Argentines now engages with cryptocurrency, while downloads of the nation's top 15 crypto apps surged 93% year-over-year in 2024, demonstrating robust interest in crypto solutions.

The Iranian Revolutionary Guard shot down an MQ-9 unmanned aerial vehicle (UAV) east of the Strait of Hormuz on August 31, according to the organization's statement.

According to JPMorgan's market intelligence team, the S&P 500 is more likely to decline following Friday's (September 4) nonfarm employment data release. The team, led by Andrew Tyler, expects a "good news is bad news" market dynamic, where stronger-than-expected job additions would push bond yields higher and weigh on equities, while significantly weaker data could reignite recession concerns. JPMorgan identifies 30,000 to 70,000 new jobs as the optimal range for equities, compared to the conse