Gate Crypto Flash News and Market Updates

According to Okasan Securities economist Ko Nakayama, Tokyo's August consumer prices rose 1.9% year-over-year on August 28, up from 1.8% in July, reflecting mounting cost pressures from Middle East-driven oil price increases. Daily household goods including tissue paper, plastic bags, and food wrap have seen widespread price increases, demonstrating that supply chain impacts from regional tensions are now broadly affecting consumer prices, consistent with the Bank of Japan's expectations.

According to Artemis data, x402 protocol reached 2.1 million daily transactions on August 26, marking an all-time high. Payai processed 1.3 million transactions, while Figment handled 687,000. Total transaction volume was approximately 28,900 USDT, with an average fee of just 0.0138 USDT per transaction.

According to Jin10, as of August 28, Japan's hybrid bond issuance is rising, with total issuance projected to reach 1.18 trillion yen through September—the highest since fiscal 2021. Higher yields and wider credit spreads are attracting investors to these subordinated debt instruments, while companies seek financing for acquisitions and debt repayment while avoiding equity dilution. Nomura's senior credit analyst Kazuma Ogino noted that stable corporate earnings and limited credit risk concerns,

According to Binance, the exchange opened trading bot services for bStocks trading pairs on August 28 at 4:00 PM UTC+8. Additionally, the zero maker fee promotion for all bStocks pairs has been extended to October 1 at 7:59 AM UTC+8.

According to BlockBeats, the Ethena Foundation announced optimization measures for the ENA ecosystem on August 27, including buybacks of locked tokens from early investors, further alignment of token and equity value, a governance proposal to use protocol revenue for ENA buybacks, and cancellation of future monthly VC investor unlocks. ENA tokens surged over 15% in the 24 hours following the announcement, trading at $0.18855.

According to Financial News, Meta Platforms announced plans to issue credit default swap-linked securitized securities (CDS-linked structured products) in South Korea, with an issuance size of approximately 100-200 billion won. The new investment product will allow domestic institutional investors to take positions on Meta's credit risk, currently traded overseas, through structured securities.

According to CNBC, on Thursday, U.S. District Judge Rita Lin ruled that the Pentagon's effort to blacklist artificial intelligence company Anthropic earlier this year violated the First Amendment and deprived the company of constitutionally protected liberties. Lin vacated Anthropic's supply chain risk designation and declared that the Department of Defense's actions violated the Due Process Clause of the Fifth Amendment. The judge directed the DOD to rescind all guidance, directives, communicat

According to Coinglass, Hyperliquid whale positions currently total $7.29 billion today, with long positions at $3.49 billion (47.87%) and short positions at $3.8 billion (52.13%). Long positions show unrealized gains of $456 million, while short positions face unrealized losses of $501 million.

Japan's Chief Cabinet Secretary Minoru Kihara said today that if additional budget measures are necessary, they should be limited to emergency situations only. The statement reflects the government's cautious approach to fiscal policy amid economic considerations.

According to Deputy Minister Yan Dong at a press conference on August 28, China's Ministry of Commerce outlined three key priorities for service trade development during the 15th Five-Year Plan period: cultivating new trade drivers, expanding market opportunities, and upgrading the business environment. The initiatives aim to boost the services sector and foster more "Made in China Services" brands.

According to Yonhapinfomax, South Korea's Korea Investment Corporation (KIC) held the 31st New York Financial Forum on August 27 at the Consulate General of Korea in New York, bringing together Korean financial professionals and local investment experts to discuss global economic outlook and investment strategies. Ronald Temple, chief market strategist at Lazard Asset Management, presented a global economic and financial market outlook covering major economies including the United States, Europe

A U.S. federal judge today blocked enforcement of core restrictions on mail-in ballots imposed by the U.S. Postal Service, according to court filings. The decision halts the implementation of the new policy limits pending further legal proceedings.

According to Financial Supervisory Service disclosures, private equity firm Glenwood Credit divested its entire 6.72% stake in South Korean cosmetics exporter SiliconToo (257720) via block deal yesterday, selling 4.404 million shares at 47,800 won per share for approximately 210.5 billion won. The firm had acquired the convertible preferred shares in March 2025 at 32,695 won per share for 144 billion won, converting them to common stock in April and holding for four months. The divestiture mitig

According to ChainCatcher, Shanghai's Hongkou Public Security Bureau recently arrested nine suspects and dismantled virtual currency platforms involved in approximately 200 million yuan in illegal cross-border settlements and unauthorized foreign exchange trading. The suspects allegedly developed and operated two mobile applications: one for cross-border fund remittance and another for virtual credit card issuance. On the remittance platform, the gang exchanged customer virtual currencies for fo

According to Yonhapnews, on August 28, South Korea's CD (Negotiable Certificate of Deposit) rates surged 15 basis points to 3.120% following the Bank of Korea's back-to-back interest rate increases in July and August. The 91-day CD rate jump narrowed the spread against three-month bank bonds to approximately 6 basis points, marking a partial normalization after CD rates had lagged significantly behind market rates since June. Market analysts noted that while the recent spike signals improved ali

According to Japan's Ministry of Internal Affairs and Communications on August 28, Tokyo's core consumer price index (excluding fresh food) rose 1.8% year-over-year in August, exceeding market expectations of 1.7%. The core-core CPI (excluding fresh food and energy) increased 2.0%, unchanged from the prior month. Tokyo's core CPI has remained below the Bank of Japan's 2% target for seven consecutive months.

According to BlockBeats, Shanghai's Hongkou Public Security Bureau arrested nine criminal suspects on August 28 in connection with illegal virtual currency cross-border settlement and unauthorized foreign exchange trading operations, involving over 2 billion yuan. The suspects had established a technology company since early 2024 and developed two mobile applications. The first platform facilitated cross-border fund remittance by exchanging virtual currencies for foreign currencies and convertin

According to Mirae Asset chairman Park Hyun-joo on August 26, the group plans to secure 300 billion won (approximately $230 million) in external investment for Digital X exchange in the first quarter of 2027. Mirae Asset, which owns 97.15% of Digital X (formerly Korbit), has already completed 500 billion won in capital injection on August 27. The new external investment will target strategic investors and potentially customers. The move is designed to address South Korea's pending Digital Asset

According to ChainCatcher, UPBIT launches EURC trading on August 28 at 14:00 KST, supporting KRW, BTC, and USDT trading pairs. The exchange will only support EURC deposits and withdrawals on the Ethereum network.

According to ChainCatcher, Ethereum core developers have recently approved account abstraction proposal EIP-8141 to be included in the Hegotá upgrade, moving it from "under consideration" to "scheduled" status. The EIP was initially proposed in March as a priority feature for the upgrade, with community consensus supporting its inclusion despite ongoing implementation debates.