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
10:20

EU Vows Continued Cooperation with US and G7 to Press Iran on Monday

According to Jin10 data on Monday, the European Union issued a statement vowing to continue cooperation with the United States, G7 members, and other international partners to maintain pressure on Iran. The statement noted that the EU welcomes efforts to ensure Iran halts destabilizing activities and engages in peace negotiations in good faith. The bloc committed to working closely with the US, G7, and other international partners to press Iran while seeking to de-escalate tensions and maintain
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10:16

Contrarian Investors Waiting for Two Signals to Shift to Defensive Mode: BofA CIO

According to Michael Hartnett, Bank of America's Chief Investment Officer, contrarian investors are closely monitoring two potential market-turning signals before shifting to defensive assets. In his latest Flow Show report, Hartnett identified the first signal as easing U.S.-Iran tensions and further oil price declines, which could cap earnings-per-share optimism and create opportunities to short risk assets. The second signal is the outcome of the U.S. midterm elections; Republican losses in S
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10:16

Binance to Remove 12 Leverage Trading Pairs on September 3 at 2 p.m. UTC+8

According to Binance, on August 31, the exchange will remove 12 leverage trading pairs on September 3 at 2 p.m. UTC+8. The full-margin pairs include TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC, and BREV/USDC; isolated-margin pairs additionally include USDE/USDC, WBETH/ETH, BFUSD/USDT, BNSOL/SOL, SUI/BTC, AVAX/BTC, and LINK/BTC. Binance will suspend borrowing for isolated-margin pairs on September 1 at 2 p.m. and automatically liquidate positions on September 3, with the delisting process expect
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10:14

BR Rubber Surges 610 Points to 15,000 as Middle East Tensions Escalate on August 31

According to Sanlide Futures, BR rubber futures surged on August 31 as Middle East geopolitical tensions escalated. The main BR2610 contract jumped 610 points to close at 15,000. U.S. military strikes on Iranian military facilities near the Strait of Hormuz drove a rapid increase in crude oil risk premium, raising expected costs for butadiene feedstock and boosting synthetic rubber valuations. On the supply side, butadiene production fell 420 tons to 32,470 tons in the week ending August 27, dri
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10:14

Samsung Electronics' Q3 Operating Profit Forecast to Hit 1.1636 Trillion Won, Exceeding 1 Trillion Won for First Time

According to Seoul Economic Daily, reported today (Aug 31), Samsung Electronics' Q3 operating profit is forecast to reach 1.1636 trillion won, exceeding 1 trillion won for the first time, with estimated Q3 revenue of 206.64 trillion won. The surge is driven by soaring HBM and DRAM prices amid AI accelerator demand. Korean trade data shows DRAM export unit prices rose 36.6% from May to July, reaching $22.9 per unit, while export volumes fell 13.2% but revenues increased 18.5% to $135.52 billion.
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10:14

House Report Accuses South Korea of Targeting Coupang; U.S. Threatens Tariffs

According to CNBC reporting, a House Judiciary Committee report released in July accuses South Korea of waging a targeted campaign against Coupang, the Seattle-headquartered e-commerce firm, in response to a November 2025 data breach. The South Korean government has rejected the findings, stating through its Washington embassy that the National Intelligence Service engaged only in "working-level consultations" and "at no point did the NIS coerce or instruct Coupang to take any particular action.
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10:14

SB Energy Proposes $55 Billion Warrant Grant to OpenAI, Plans IPO Filing This Week

According to Beating, SB Energy plans to file an initial public offering (IPO) application as early as this week and aims for listing next month, targeting fundraising of $50 billion to $70 billion. The SoftBank-controlled renewable energy company proposes to grant OpenAI warrants valued at approximately $55 billion to secure its partnership as a major data center customer. Last month, SB Energy signed 17 lease agreements with OpenAI to provide 8 gigawatts of computing capacity in southern Ohio
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10:09

South Korea's IRS Rates Surge on August 31, 3-Year Rate Hits 3.8650%

According to Yonhapinfomax, South Korea's interest rate swap (IRS) rates surged on August 31, with the 3-year rate climbing 4.75 basis points to 3.8650% and the 1-year rate rising 2.75 basis points to 3.5275%. The 10-year rate increased 1.75 basis points. The Credit Risk Swap (CRS) rates also rose, with 1-year and 3-year rates climbing 4.00 and 3.50 basis points respectively. The movement came amid comments from President Lee Jae-myung on real estate-related rates and Bank of Korea Governor Shin
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10:08

Modi, Iran's Pezeshkian Reaffirm Commitment to Deepen Bilateral Ties in Recent Talks

According to India's Prime Minister Modi, he recently met with Iran's President Pezeshkian and both sides reaffirmed their commitment to deepening long-term friendly relations. During the talks, the two leaders discussed expanding bilateral trade and exchanged views on the current regional situation. India reiterated its support for all efforts aimed at achieving lasting peace.
10:07

Shinhan Seobu T&D REIT Ends Home Plus Lease, Secures 6-Month Rent Settlement Through February

According to E-Daily, Shinhan Seobu T&D REIT terminated its lease with Home Plus, the major tenant at its Incheon Square One shopping mall, on August 31. Both parties agreed to settle six months of rent through February 2027, preserving the REIT's dividend reserves for the remainder of 2026. Sponsoring company Seobu T&D will assume a master lease (guaranteed rental) on the vacated space, directly bearing vacancy risks while the REIT seeks new tenants. The REIT's board and shareholder meeting, sc
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10:07

SHFE Launches Hot-Rolled Coil, Stainless Steel Options Trading on September 10

According to Shanghai Futures Exchange (SHFE) official announcement, hot-rolled coil options and stainless steel options will commence trading on September 10, 2026 at 9:00 AM. Pre-opening call auction will run from 8:55–9:00 AM. Maximum order size for limit orders is set at 100 contracts, while market orders are capped at 30 contracts.
10:06

China's MIIT Launches AI Application Service Provider Initiative Targeting 2,000 Providers by End of 2026

According to ChainCatcher, China's Ministry of Industry and Information Technology (MIIT) launched a cultivation initiative for AI application service providers today (August 31), aiming to establish a nationwide resource pool of such service providers. The initiative encourages regional governments to increase procurement of large language models, AI agents, and token services through mechanisms like preferential purchasing and risk compensation, while using tools such as computing power vouche
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10:02

South Korea's 3-Year Government Bond Yields Rise 5bp to 3.838% on August 31 Amid Fed Rate Hike Signals

According to bond market data, South Korean government bond yields surged on August 31, with 3-year yields rising 5.0 basis points to 3.838% and 10-year yields climbing 2.9bp to 4.313%. The move followed U.S. Federal Reserve Chair Kevin Warsh's comments on August 28 suggesting a potential rate increase in September. Rising U.S.-Iran tensions also pushed crude oil prices higher, with WTI for October delivery trading up 2.39% to $85.39 per barrel. U.S. Treasury yields had jumped sharply the previo
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10:01

LG Electronics Outsources AI Chip Development to Samsung, 310 Billion Won Deal Through 2030

LG Electronics has delegated the development of AI-powered home appliance chips to Samsung Electronics and CoAsia SEMI, marking a shift away from Taiwan Semiconductor Manufacturing Company (TSMC). The project, valued at 310 billion Korean won (approximately 151 million yuan), runs from July 2026 through December 2030. The initiative is part of South Korea's "K-On-Device AI Semiconductor Technology Development" government program.
10:01

LG Electronics Outsources AI Home Appliance Chips to Samsung, 31 Billion Won Contract Through 2030

According to ChainCatcher, LG Electronics will delegate AI home appliance chip production to Samsung Electronics starting July 2026 through December 2030, with CoAsia SEMI leading the development of two IoT chips. The project carries a total cost of 31 billion Korean won (approximately 15.1 million yuan), as part of South Korea's government-sponsored "K-On-Device AI Semiconductor Technology Development" initiative. The outsourcing aims to reduce LG's dependence on Taiwan Semiconductor Manufactur
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