Gate Crypto Flash News and Market Updates

The Federal Reserve reported that seasonally adjusted outstanding commercial paper declined $5.9 billion in the week ending September 2. Unadjusted commercial paper fell $11.8 billion over the same period, with foreign financial institutions' outstanding commercial paper declining $6.3 billion.

International copper futures closed up 0.67% overnight, with Shanghai copper gaining 0.53%, aluminum rising 0.47%, zinc up 0.28%, and nickel declining 0.47%. Shanghai lead fell 0.12%, while tin advanced 0.76%. Aluminum oxide surged 1.33%, aluminum alloy increased 0.08%, and stainless steel eased down 0.04% in overnight trading on September 2.

According to the U.S. Attorney's Office for the Southern District of New York, Linqto founder William Sarris has been charged with six federal counts over an alleged $450 million pre-IPO investment scheme. The 75-year-old is charged with two counts of securities fraud, one count of broker-dealer fraud, one count of wire fraud and two conspiracy counts. Joseph Endoso, who succeeded Sarris as CEO, pleaded guilty on August 27 to securities fraud, broker-dealer fraud and two conspiracy counts. Prose

According to Kyiv's Military Administration, a Russian strike on Kyiv today resulted in one death.

OpenZeppelin will host an Onchain Finance Soirée at Sibos Miami on September 30 from 6-9 PM ET, according to an announcement on Twitter. WisdomTree and DFNS are participating as co-hosts for the curated reception, which aims to bring together institutional leaders pivotal in transforming capital markets and forging connections among key players in the onchain finance sector.

According to GMGN data, CASHCAT, a meme coin on Robinhood Chain, broke through $275.4 million in market capitalization on September 3, marking a new high. The token was up 7.68% in the past 24 hours.

According to CNBC, the Alliance for Automotive Innovation urged Congress on Thursday to permanently ban the domestic sale, import, and manufacturing of Chinese connected vehicles, hardware, and software before the end of Congress' current session on Jan. 3. "Right now, Chinese automakers are dumping subsidized vehicles with connected software and hardware around the world," John Bozzella, CEO of the alliance, said in a letter. "Given the scale and urgency of this threat, we urge you to enact a C

According to sources, Israeli forces fired four rockets near Bayt Warda Mountain in the countryside of Daraa province near Bayt Kin town on September 3.

According to Jin10 data, on September 2, the USS Abraham Lincoln docked in Thailand's Laem Chabang port with approximately 5,000 sailors for rest. The carrier showed extensive rust corrosion on its hull, particularly above the waterline and along the flight deck edges where aircraft are stationed. The carrier departed San Diego in November last year and was suddenly redirected to the Middle East in January to support U.S.-Israeli military operations against Iran. Spending over nine months primar

According to Nigerian media reports and Rivers State police, about 40 people died on September 3 after inhaling toxic gases during an illegal oil product transfer operation at a dock near an oil refinery in Rivers State, Nigeria. Around 200 people had boarded boats to illicitly offload petroleum products from a vessel at the dock when multiple individuals succumbed to fumes from the oil products. At least 37 bodies have been recovered, and several people remain missing. Police said they have lau

According to Businesswire, ProCap Financial, the bitcoin treasury company backed by Anthony Pompliano, sold approximately 50 BTC on Sept 4, with proceeds used to repurchase over 2% of outstanding shares at a 40% discount to net asset value (NAV). Since launching its share buyback program, the company has repurchased approximately 10% of outstanding shares. As of Sept 2, ProCap Financial held approximately 5,305 BTC and stated it will continue evaluating additional buyback opportunities when shar

According to German media, a mass production project for combat drones has been launched near Munich to supply Ukraine with over 5,000 unmanned aircraft.

According to media reports, Oman has rejected a toll collection proposal for the Strait of Hormuz that Iran had put forward. The specifics of Iran's proposal and Oman's reasons for the rejection were not disclosed.

According to GMGN, on September 4, CASHCAT, a meme coin on Robinhood Chain, reached a market cap of $300 million, marking a new all-time high. The token surged 10.2% over the past 24 hours, with trading volume hitting $43.3 million during the same period.

Blackstone imposed a 5% quarterly redemption cap on its flagship private credit fund BCRED in Q2 2026 after withdrawal requests reached approximately 10% of outstanding shares, roughly $4.4 to $4.5 billion. This marks the first time the firm has enforced the redemption gate since BCRED's launch in 2021. The fund, which manages $79 billion in assets, saw net outflows of about 3% as a result. In the prior quarter, Blackstone had temporarily lifted the cap and honored all redemptions using capital

According to Hargreaves Lansdown platform data, gilt purchases surged 34% in the 30 days leading up to August 21, 2026, as long-term UK yields climbed to 5.83%, the highest level since 1998. The sell-off was driven by concerns about the UK fiscal deficit, heavy global debt issuance, and geopolitical tensions. Retail investors were attracted partly by tax advantages: capital gains on UK gilts are exempt from Capital Gains Tax. Low-coupon gilts trading at discounts offered particularly compelling

Bitwise's Premium RWA Vault (PAPY) reached $8.022 million in deposits on September 3, within one day of its launch on the Morpho lending protocol on Ethereum. The vault, which went live on September 2, offers an instantaneous net APY of 5.22%. Deposits are denominated in AUSD, Agora's USD-pegged stablecoin backed by short-term US Treasuries and managed by VanEck with custody at State Street. The vault charges a 0.39% management fee with no performance fee and a capacity cap of approximately $1 b

Tyson Foods, the U.S. largest meat processor, slashed its full-year adjusted operating income outlook for the second time in a month, citing severe cattle shortages that have compressed profit margins significantly. The company now projects adjusted operating income of $1.85 billion to $2.05 billion, with beef operations expected to post an operating loss of $625 million to $775 million. The stock fell 8.5% on the revised guidance, marking its lowest level since November of last year.

According to Bitwise, on September 2, XRP was the most asked-about cryptocurrency at a presentation to roughly 400 wealth managers, surpassing Bitcoin, Solana, and stablecoins. US-listed XRP ETFs have accumulated approximately $1.8 billion in net inflows since their November 2025 launch, according to SoSoValue data as of early September 2026. Bitwise's internal survey found 67% of attendees do not currently allocate client portfolios to cryptocurrency, yet 60% expect crypto prices to finish 2026

According to Michael Darda, chief economist at Roth Capital Partners, the U.S. labor market showed no signs of overheating as of June 2026. Labor force participation fell to 61.5% that month, marking its lowest level since March 2021, before declining further to 61.4% in July. Nonfarm payrolls added just 57,000 jobs in June, undershooting expectations, though the unemployment rate did tick down to 4.2%. The Bureau of Labor Statistics attributed roughly 43% of the participation decline to a popul