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
10:45

Unitree Denies 100-Yuan Expense Approval Rumor as Stock Trades at 571 Yuan

According to Bluewhalenews (reported by PANews), Unitree's official statement on September 1 denied widespread claims that CEO Wang Xingxing personally approves expenses exceeding 100 yuan. The company said "much of the content is inaccurate." Unitree trades at 571 yuan per share with a market cap of approximately 230 billion yuan as of September 1 close.
10:45

OpenAI Hires Linear Product Lead Nan Yu and Kairos Co-Founders in Single Day

According to Beating, OpenAI hired three executives today: Linear product lead Nan Yu, who spent four years at the company, and Kairos Computer co-founders Manas Bam and Samarth Patel. All three will join the Codex and ChatGPT teams. Kairos develops AI agents capable of directly controlling computers to log into websites, operate browsers, and manage software across applications.
10:43

Apple Appoints John Ternus as CEO, Joins Board on September 1

According to Apple's official website, John Ternus has been appointed Apple CEO and joined the board as of September 1. Ternus joined Apple's product design team in 2001 and has served as Senior Vice President of Hardware Engineering since 2021, leading the development of iPad, AirPods, iPhone, Mac, and Apple Watch across multiple generations.
10:43

DeFi TVL Posts 17.8% Growth in August, Ethereum Adds $8.6B

Gate News message, Total DeFi TVL recorded its second consecutive monthly increase in August, rising 18% to reach $86.9 billion. Major blockchain platforms drove the growth, with Ethereum alone contributing an additional $8.6 billion. Among newer chains, Robinhoodcrypto entered the top rankings during this period.
ETH0.34%
10:42

Michael Saylor Analyzes BTC Credit Metrics Assuming $77.5K Price and 10% Annual Return

Michael Saylor recently analyzed BTC Credit metrics, assuming a 10% annual return and a Bitcoin price of $77,558. The analysis comes as a 1,500 BTC transfer linked to government wallets and major exchanges including Bitfinex and Kraken has drawn trader attention, with implications for Bitcoin's liquidity. BTC is currently testing critical support levels around $64,000 to $65,000 amid ongoing market volatility.
BTC-0.54%
10:42

London Stock Exchange Partners with Payward to Launch Tokenized Equities Platform xStocks in 2027

The London Stock Exchange (LSE) announced a partnership with Payward, the parent company of Kraken, to develop xStocks, tokenized equities designed for regulated capital markets. xStocks will enable 24-hour trading on LSE's new LSE 24 platform, enhancing liquidity and market programmability. The platform is set to launch in 2027, subject to regulatory approval, integrating blockchain technology with traditional equity trading infrastructure.
10:42

Brent Crude Tops $91.54, WTI Hits $87.03 as U.S.-Iran Tensions Lift Oil

Crude oil prices climbed on Tuesday as U.S.-Iran fighting revived concerns over disruptions to Gulf production and Strait of Hormuz shipments. Brent crude futures rose $1.05 to $91.54 per barrel, up 1.2%, while U.S. West Texas Intermediate (WTI) gained $1.27 to $87.03, up 1.5%, following Monday gains of 2.7% and 2.8% respectively. Both benchmarks are now positioned near technical levels that could determine whether the rally extends toward $100. The advance follows President Donald Trump's threa
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10:41

Coinbase Tokenized Stocks Generate $236M Volume Since Launch

According to CryptoTwitter commentator @base, Coinbase's tokenized stocks have generated $236 million in trading volume and facilitated 992,310 transactions since their launch. The platform has also attracted 7,389 unique holders, indicating growing retail investor interest in digital equities.
10:41

Tailscale Open-Sources Tailcat for Direct P2P Machine Connections Without Login

According to Tailscale Chief Engineer Brad Fitzpatrick, Tailscale has open-sourced Tailcat, a tool that enables two machines to connect directly without requiring account registration or joining the same Tailnet. Users can generate a connection address and share it to establish peer-to-peer connections for file transfers, port forwarding, or SSH access. Tailcat leverages Tailscale's WireGuard encryption, NAT traversal, and DERP relay technology but eliminates the need for Tailscale accounts and
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10:37

Goldman Sachs, Morgan Stanley, Citigroup Slash Law Firm Fees Based on AI Efficiency Gains

According to Beating, Goldman Sachs, Morgan Stanley, and Citigroup have begun requiring major U.S. law firms to pass AI-driven cost savings directly into lower legal fees. While hourly billing naturally decreases when AI compresses 10 hours of work into 4 hours, the banks now demand law firms submit competitive bids and disclose exact AI efficiency gains upfront, then offer fixed lower total prices. Citigroup has already required law firms to bid on projects and justify cost reductions; Morgan S
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10:37

Zcash Surges 82% in August to Peak Near $860, Bitcoin Breaks $81K

In August 2026, Zcash (ZEC) emerged as the month's top performer among major cryptocurrencies, surging 82% from around $472 at the start of the month to peak near $890 on Aug. 30, closing just above $860. The broader crypto market rallied alongside, with Bitcoin rising nearly 25% to breach $81,000 and total market capitalization exceeding $2.7 trillion, buoyed by U.S. Treasury announcements of expanded bond buybacks and dovish commentary from Treasury Secretary Scott Bessent.
BTC-0.54%
10:32

Japan's 30-Year Bond Yield Breaks 3% for First Time; PM Vows Policy Adjustments

According to Jin10, Japan's 30-year government bond yield broke above 3% on September 1, marking the first time in three decades it has reached this level. Prime Minister Takayuki Sakamaki responded to the movement, stating that economic and fiscal policy decisions will be made "appropriately after assessing various economic conditions, including interest rate trends." She emphasized that rate levels are determined by market forces influenced by domestic and international factors, while declinin
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10:32

488,599 HYPE Tokens Worth $41M Move to HyperCore Protocol

According to @whalealert, 488,599 HYPE tokens valued at approximately $41 million have been transferred to the HyperCore protocol from an unknown wallet. HYPE is the native utility and governance asset of the Hyperliquid Layer-1 network, used for transaction fees and staking. The transfer may indicate strategic repositioning or growing interest within the HyperCore ecosystem.
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HYPE1.90%
10:32

Gold Slides to $4,428.54, Tests $4,420 Support as Fed Rate Hike Odds Rise to 66%

Spot gold fell 0.4% to $4,428.54 an ounce on Tuesday, pressing against the critical $4,420-$4,426 support zone as markets price in a 66% probability of a Federal Reserve rate increase in September and an 89% chance by December. According to Goldman Sachs Research, the bank expects gold to reach $4,900 by the end of 2026, citing continued central-bank purchases and reserve diversification as major sources of demand. The forecast now sits roughly $470 above current spot prices, requiring gold to o
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10:31

Orellex Converts 84% of Convertible Preferred Shares to Common Stock; 1.66M Shares to List September 15

According to edaily, Orellex converted 1.657 million convertible preferred shares (CPS) into common shares on August 31 and September 1, representing 84% of the 1.979 million CPS originally issued in August 2025. The resulting 1.662 million common shares are set to list on September 15 at a conversion price of 57,916 Korean won. No lock-up restrictions apply to the newly issued shares, creating potential near-term selling pressure. The remaining 321,825 unconverted CPS comprise 197,901 shares su
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10:31

Fable Meme Coin Surges to $3.18M Market Cap on Robinhood Chain

According to Odaily's meme monitoring, fable surpassed a $3.18 million market cap on Robinhood today. The token was created by Kevin Ngo on Robinhood Chain and is associated with the "Mars" narrative, with some community members comparing it to GOAT.
10:29

Yuansu Technology Denies Rumors on Sept 1, Dismisses Claims of Strict Expense Controls

On September 1, Yuansu Technology denied rumors circulating on social media, stating that "much of the content is inaccurate and should not be taken seriously." The rumors included claims about strict compensation policies and the requirement for CEO approval on reimbursements exceeding 100 yuan. According to sources close to the company, Yuansu's overall salary levels remain lower than those of humanoid AI startups founded after 2023, though higher than traditional industrial robot companies. E
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10:29

Polymarket CLARITY Act Odds Slashed to 15% of Being Passed in 2026

According to Polymarket's prediction market contract, odds for the CLARITY Act (H.R. 3633) passage have collapsed from 82% in February to approximately 13-14% by early August. The bill, which would grant the CFTC exclusive authority over spot digital-commodity markets, faces a critical Senate cloture vote on September 15 and requires 60 votes to advance. Republicans control 53 seats and need seven Democratic votes to reach the threshold. The Polymarket contract, which has generated $11.5M in tra
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