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
09:55

Justin Sun Posts Photo With TRON Block Hash From Victoria Harbour on August 31

According to PANews, Justin Sun posted a photo of Victoria Harbour and Hong Kong's International Finance Centre (IFC) on X platform on August 31, holding a paper showing a TRON block hash. In his caption, Sun wrote: "IFC records the height of capital, TRON hash records the height of time. One carved in Victoria Harbour, one carved on-chain." The post appears to use the on-chain hash as a timestamp to suggest his presence in Hong Kong.
TRX-1.35%
09:52

OKX Releases 46th Consecutive Proof of Reserves With $22.96B in Assets

According to OKX, the exchange released its 46th consecutive Proof of Reserves recently, confirming $22.96 billion in primary assets with customer assets backed above 1:1 across all market conditions. The announcement, shared on social media, underscores OKX's commitment to transparency and user security amid evolving regulatory scrutiny in the cryptocurrency space.
09:52

DFI Surges 59.29% in 30 Minutes to $0.000753 Amid Market Momentum

DFI surged 59.29% in 30 minutes to $0.000753 over the past 24 hours, with a 24-hour price change of 42.84%. The token's market cap reached $436,179 as trading activity accelerated, with 24-hour trading volume at $16.05. The price fluctuated between a 24-hour low of $0.000472 and high of $0.000753.
09:52

OpenAI Launches Outcome-Based Pricing for Major Clients, Currently Applied to Customer Service

According to The Information, OpenAI has recently launched a new pricing model for select major customers, charging based on task completion rather than token usage or seat licenses. The outcome-based approach is currently applied to customer service, allowing enterprises to pay only for tasks actually completed by the AI. OpenAI has not disclosed specific clients, pricing per task, or its criteria for determining task completion. This remains a custom contract arrangement for large clients, not
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09:49

Crypto Primary Market Funding Drops 74% in August to $596M; RWA Coverage Rate Reaches 28.2%

According to RootData data via ChainCatcher, the crypto primary market disclosed 49 financing rounds in August with total funding of approximately $596 million, down 74.2% month-on-month from $2.312 billion in July, and down 35.5% year-over-year from $924 million in August 2025. By sector, DeFi led with 19 rounds ($73.1 million disclosed), followed by infrastructure with 14 rounds ($311 million), and CeFi with 8 rounds ($199 million). Among RWA projects, RootData tracked 529 total projects with
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09:49

IREN Stock Falls 12.5% on Q4 Miss, But H.C. Wainwright Sees Buying Opportunity

According to H.C. Wainwright, Iren stock fell 12.5% on Friday after the company's fourth-quarter results missed Wall Street expectations. However, the analyst sees the selloff as a potential buying opportunity, reiterating a 'Buy' rating with a $90 price target. Iren reported Q4 revenue of $137.2 million, slightly above consensus at $136 million, but total revenue declined $7.6 million quarter-on-quarter due to decommissioning of Bitcoin mining hardware to make room for GPU installations. The co
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BTC0.84%
09:49

New Address Places $79M in BTC Buy Orders at $75K-$76K on August 31

According to BlockBeats and TradingBeats, on August 31 at 14:22 UTC, a newly activated address placed 30 BTC limit buy orders totaling 1,046.7831 BTC ($79.032 million) at prices between $75,000-$76,000. The orders are currently 3.42% to 4.69% below the spot price of $78,689.4. Each of the 30 orders is identical at 34.892 BTC ($2.62-$2.65 million per order). The address, activated four days ago with $5.1 million in funding, previously executed four short trades generating $330,000 in profits. If
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BTC0.84%
09:47

Cronos Halts Entire Blockchain After $75M Tectonic Exploit on Sunday

According to onchain researcher Weilin Li and security firm PeckShield, the Cronos blockchain halted on Sunday after a $75 million exploit at Tectonic, its largest lending protocol. The attacker used price manipulation of Tectonic's TONIC governance token to borrow against inflated collateral. About $6 million was bridged out to Ethereum before the halt, while the remaining $60 million remains frozen on Cronos. As of Monday, the chain remained offline while Cronos investigated with industry secu
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CRO-1.58%
ETH-0.26%
09:42

Robinhood Chain App Revenue Hits $2.66M in 24 Hours, Beats Ethereum and Hyperliquid

On August 30, Robinhood Chain generated $2.66 million in application revenue over 24 hours, surpassing Ethereum's $1.27 million and Hyperliquid L1's $1.7 million the same day. Gmgn, a onchain trading terminal, led with $1.11 million in revenue, followed by Pons, a token-launch platform, at $930,587, and Uniswap with $306,877—combining for 88% of the chain's total daily revenue. Despite the milestone, Hyperliquid remains dominant in perpetual futures volume, processing $8.9 billion on July 13 com
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ETH-0.26%
HYPE-2.40%
UNI7.32%
09:42

RQD Clearing Raises $74 Million Backed by Bain Capital, Clears 69.5 Billion Shares

According to Bain Capital, on 27 August 2026, RQD Clearing secured a $74 million minority growth investment led by Bain Capital Tech Opportunities, with ABN AMRO Clearing Bank and Nyca Partners participating. The company did not disclose its valuation or the investors' ownership percentages. RQD, a US broker-dealer that clears transactions and connects market participants to US equity and options markets, reported clearing 69.5 billion shares and 64.8 million options contracts over a seven-month
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09:37

SK Hynix Hits 11.4% Daily Turnover in August, 50% Above Year-Ago Level

According to Korean Economic TV, SK Hynix saw its daily average turnover rate surge to 11.4% in August, meaning over 10% of all shareholders changed hands each day. This represents a 50% increase from the same period last year (7.6%). Samsung Electronics also experienced a significant uptick, with daily turnover rising to 7.8% from 4.7% year-over-year, driven by heightened short-term trading demand amid market volatility and unclear directional momentum in the Korean stock market.
09:34

Chinese Film "Bull Coming" Extends Theatrical Run to October 4 With 59.67M Yuan Box Office

According to China Film Digital (Beijing) Co., Ltd. on August 31, the theatrical release of Chinese film "Bull Coming" has been extended to October 4, 2026, 23:59. The film has accumulated 59.67 million yuan in box office revenue (including pre-sales), with AI projections forecasting over 69 million yuan. China Film Digital is a wholly-owned subsidiary of China Film Group Corporation (600977.SH), a Shanghai-listed company.
09:33

BB Gains 5.94%, AVNT Rises 6.9% in 24-Hour Rally

According to ChainCatcher, Binance spot market data shows BB rose 5.94% and AVNT gained 6.9% over the past 24 hours, both displaying recovery patterns after testing lows. ZBT also recovered, rising 5.71%. Elsewhere, AUCTION and API3 hit daily lows with declines of 5.88% and 8.09% respectively.
API3-7.76%