Gate Crypto Flash News and Market Updates

According to Hankyung, currency-hedged gold futures ETFs in South Korea significantly outperformed spot gold ETFs in August. KODEX Gold Futures (H), a hedged product, rose 8.41% during the month, while ACE KRX Gold Spot and TIGER KRX Gold Spot gained 5.16% and 5.22% respectively. The won's strength against the dollar was the key driver of the performance gap, with hedged products protecting investors from currency depreciation while capturing commodity gains.

According to market intelligence platform Tracxn, Southeast Asia's blockchain industry raised $680 million in equity funding year-to-date in 2026, more than double the $319 million raised in all of 2025. However, the recovery is concentrated among mature enterprises: only 25 funding rounds have been completed in 2026, compared to 46 in 2025 and 206 at the 2022 peak. Crypto.com's $400 million Series D round accounts for nearly 60% of total funding. By segment, crypto financial services is the lar

According to Jiangxi Province Emergency Command, the provincial government activated a Level 2 geological disaster emergency response effective September 5 at 10 a.m., based on the Jiangxi Province Geological Disaster Emergency Response Plan. All relevant departments are instructed to execute emergency response procedures according to their designated responsibilities.

According to Seoul Central District Court, a 43-year-old virtual asset investment company operator was recently sentenced to five years in prison for violating the National Security Act on charges of espionage. The court found that the man received approximately 666 million won in cryptocurrency from North Korean agents between May and June 2021 in exchange for collecting and providing classified information. The defendant was instructed to gather personal details and activities of anti-North Ko

According to Deutsche Bank, Robinhood Chain recorded $4.01 million in daily revenue on Sept. 2, briefly exceeding major blockchain networks including Solana, Ethereum, and Tron. The Ethereum Layer 2 network, launched by Robinhood on July 1, generated approximately $10.8 million over a five-day period, with about $5.4 million expected as fee revenue to Robinhood. Deutsche Bank raised its price target for Robinhood to $136 from $115, citing stronger-than-expected Chain performance and higher earni

According to Odaily, Connecticut's Attorney General William Tong and Bank Commissioner Jorge Perez issued a consumer alert on September 3 after a resident deposited $200,000 on an unregulated offshore DeFi platform with no recovery. The alert listed seven platforms: GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid, though officials did not confirm the resident used any of them. Officials warned that some platforms offer leverage up to 50x, 100x, and as high as 250

According to Bloomberg, the UAE and Saudi Arabia are advancing major AI data center projects despite security risks from regional tensions. In Abu Dhabi, Khazna, a G42-backed data center developer, said its planned 5-gigawatt AI campus remains on track to deliver its first 200 megawatts in the fourth quarter. In Saudi Arabia, Humain, backed by the Public Investment Fund, plans to raise an initial $2.5 billion and build more than 6 gigawatts of computing capacity. Both projects face infrastructur

According to Odaily's meme monitoring, STRATEGY's market cap surged to $1.6 million on Robinhood earlier today. The token is paired with MSTR, following a narrative linking Bitcoin, MSTR, and STRATEGY.

According to Odaily, Poland's lower house of parliament failed to override President Karol Nawrocki's veto of a cryptocurrency regulation bill on September 4. The vote resulted in 241 lawmakers supporting the override, 198 opposing, and 3 abstaining—falling 25 votes short of the required 266. The bill seeks to designate Poland's Financial Supervision Authority (KNF) as the crypto market regulator. This marks the third presidential veto of the legislation, with Nawrocki citing excessive industry

According to Bloomberg, Beijing-based Moonshot AI confidentially filed for a Hong Kong initial public offering targeting $3 billion to $5 billion as soon as this year. The AI lab, known for its Kimi models, was recently valued at $35 billion after raising $3.5 billion in its latest financing round. Bank of America, China International Capital Corp., Deutsche Bank, and Goldman Sachs are serving as sponsor banks for the offering.

According to GMGN data reported by ChainCatcher, Robinhood-based meme coin SHROOM surged over 330% in 24 hours, breaking through a $30 million market cap on September 5.

According to Justice Department officials, the U.S. and U.K. established a joint framework on Sept. 3 to pursue transnational networks operating cryptocurrency and cyber-enabled investment scams. The agreement links the U.S. Attorney's Office for the District of Columbia with the Crown Prosecution Service of England and Wales and the U.K. National Crime Agency. Participating agencies will conduct parallel investigations into shared targets and exchange information about organized crime syndicate

According to Reuters, U.S. President Trump announced Friday, September 4, that American envoys Steve Witkoff and Jared Kushner will travel to Moscow and Kyiv in coming days to push Russia and Ukraine toward a peace agreement. Trump stated at the White House that the administration has developed a concrete peace plan aimed at ending the five-year-old conflict, though he did not disclose its details. According to CNN, Witkoff and Kushner plan to visit Moscow first, then fly to Kyiv on Sunday, Sept

According to Coinglass, the Crypto Fear and Greed Index stands at 72 today, down 1 point from yesterday. The index remains in greedy territory.

According to Jin10 Data, domestic gold jewelry prices fell about 15 yuan per gram today (September 5). Leading brands including Chow Tai Fook, Chow Sang Sang, and Chow Hong Ji reported the highest quotes at 1,338 yuan per gram.

According to Odaily, HOVER on Robinhood briefly surpassed $3.3 million market cap today. The token's core narrative centers on turning X into an on-chain trading terminal.

On Friday (September 4), memory and storage stocks surged as artificial intelligence demand drives supply shortages. SanDisk gained 11.9%, Micron 6.1%, SK Hynix 8.1%, and Western Digital 6%. The Roundhill Memory ETF closed up 6.6%. Micron's advanced memory production is sold out through end-2026, while Dell accumulates $95 billion in AI server backorders. High-bandwidth memory and NAND storage products remain in short supply as data center expansions accelerate.

According to SoSoValue data cited by ChainCatcher, Ethereum spot ETFs saw net inflows of $26.46 million on September 4. Blackrock's ETHA ETF led with single-day inflows of $57.79 million, bringing its total net inflows to $12.87 billion. Blackrock's staked ETH ETF ETHB recorded $16.44 million in daily inflows, while Fidelity's FETH saw the largest outflow at $48.30 million. Overall, Ethereum spot ETF total assets under management reached $15.57 billion, representing 5.2% of Ethereum's total mark

According to Korean media, Samsung and Arm officially launched the development of a custom edge-AI system-on-chip (SoC) in late August, following Arm's approval of initial engineering fees. The collaboration will utilize Samsung's 2nm advanced process for mass production, with Arm providing AI accelerator architecture and core design technology, while Samsung's System LSI division handles SoC design and the foundry division manages manufacturing. Industry sources suggest OpenAI could be a potent

Circle is launching Arc, a USDC-native Layer 1 blockchain, on September 16, 2026, with an unusually institution-heavy group of 11 founding validators: BlackRock, Depository Trust & Clearing Corporation (DTCC), Visa, Mastercard, Intercontinental Exchange (ICE), Galaxy, Global Payments, MoneyGram, SBI Group, Standard Chartered and Sumitomo Corporation. Arc uses USDC as its native gas token, allowing financial institutions to pay transaction fees in dollars rather than volatile blockchain tokens. T