Gate Crypto Flash News and Market Updates

According to Rappler, Kita, an AI platform co-founded by Filipino entrepreneur Carmel Limcaoco and Rhea Malhotra, raised $4.5 million in seed funding led by BoxGroup. The platform assists lenders in processing loan applications by analyzing various document formats, including handwritten records and e-wallet screenshots. In its first five months, Kita processed over $130 million in loan volume, with more than 60 percent from the Philippines. The platform has achieved over 97 percent accuracy in

According to GMGN data, Robinhood ecosystem token PONS briefly surpassed $360 million market cap today, marking a new all-time high. The token is currently trading at $331.7 million with a 24-hour gain of 105.4%.

According to SEC 13F filings analyzed by Joongang Ilbo's Global Money Club, four major Wall Street investors took different paths within AI investing in the second quarter of 2026. Dan Loeb's Third Point liquidated positions in Nvidia, Broadcom, KLA, and Lam Research, instead increasing TSMC and Alphabet holdings while adding Keysight and Flex. Stanley Druckenmiller's Duquesne Family Office similarly exited Broadcom, Micron, and Intel, shifting heavily into TSMC, Amazon, and newly acquiring AMD.

According to GMGN data reported by BlockBeats, PONS—the native token platform on Robinhood Chain—briefly surpassed $360 million in market cap on August 30, now trading at $328 million, up 104% in 24 hours and reaching a new all-time high. The platform supports fixed-supply token creation and uses collected WETH fees for PONS buybacks while burning collected PONS fees.

According to GMGN data, Robinhood ecosystem token PONS broke $260 million in market cap overnight, marking a new all-time high. The token currently trades at $233 million. PONS has burned 29% of its total supply, with Pons Treasury allocating 80% of protocol fee revenues toward buybacks.

According to Bitcoin.com News, the Independent Community Bankers of America (ICBA) recently demanded a complete ban on stablecoin rewards in the CLARITY Act, warning that cryptocurrency yield incentives could trigger a $1.3 trillion deposit flight from the banking system. ICBA CEO Rebeca Romero Rainey stated that allowing any form of stablecoin rewards would reduce local lending by $850 billion. The organization has swayed at least two Republican senators, Josh Hawley and Jerry Moran, to oppose

According to Vietnam News Agency, Vietnam approved five companies for initial assessment by cryptocurrency exchanges today as part of a pilot crypto asset market with strict regulatory oversight. The companies must meet Level 4 security requirements and invest at least VND 100 trillion (approximately $383 million), with assets required to be backed by real-world assets (RWA) and initially available only to foreign investors, according to the government's Resolution No. 05 issued in September 202

According to KCGS report on August 30, South Korea's Korea Corporate Governance Service recommended supporting Park Yu-kyung, an independent director candidate proposed by Youngpoong and MBK Partners, for Kores Co.'s audit committee. KCGS opposed Baik In-kyu, nominated by Kores' board, citing independence concerns. KCGS stated that Baik maintained material business relationships with Kores through his prior role at Deloitte, where he chaired the advisory firm's board and led its ESG center durin

According to Iceland's public broadcasting company RUV, opponents of EU membership talks narrowly led with 50.1% versus 49.9% in Saturday's referendum. Most votes have been counted, though ballots from opposition-dominated regions remain pending; official results are expected Sunday afternoon. The vote reflects the island nation's concerns over sovereignty and control of its fishing and agricultural sectors.

According to a report by the Institute of International Finance (IIF) released today, South Korea's won is expected to continue strengthening amid robust semiconductor exports and major domestic investments by Samsung Electronics and SK Hynix. The IIF projects South Korea's current account surplus could reach approximately 10 percent of GDP by next year, supporting further won appreciation toward pre-pandemic levels. The won fell to 1,372.5 per dollar on August 28, marking a 13-month low. The II

On August 29, 2026, Cursor CEO Michael Truell revealed that OpenAI models account for roughly 5% of the platform's user traffic, one day after OpenAI announced it was terminating its model-supply contract. The decision follows SpaceX's $60 billion acquisition of Cursor's parent company Anysphere, which closed on August 14. OpenAI cited compliance concerns related to SpaceX and Elon Musk. With 95% of traffic already flowing through providers including Anthropic, Google, and xAI, Cursor faces mini

According to Jin10, on August 30, Iran's Supreme Leader Mujtaba Khamenei issued a written statement calling on West Asian rulers to recognize their true enemies and confront them. Khamenei stated that resolving regional issues requires unity, lasting friendship, and cooperation among nations, describing the United States and Israel as adversaries to such unity.

According to Foresight News, Kraken Wallet will introduce a co-signer multi-signature feature allowing users to split private keys into fragments, with one held by Kraken and requiring 2FA for signing. The iOS version is now available for download, with Android coming next week. The wallet supports multiple account types including EOA and smart accounts, charges a 0.1% fee, and integrates with existing hardware signers and multi-sig wallets.

According to Jin10 Data, Chinese President Xi Jinping arrived in Bishkek, Kyrgyzstan's capital, this afternoon (August 30) for a state visit. Xi will attend the 26th Council of Heads of State meeting of the Shanghai Cooperation Organization member states.

According to HTX market data, Helium (HNT) broke $0.6 on August 30, trading at $0.6143 with a 24-hour surge of 101%.

According to ChainCatcher, recently Hong Kong's Securities and Futures Commission (SFC) listed Star Bridge Capital and related entities as unlicensed companies prohibited from conducting regulated activities or actively promoting services to Hong Kong residents. The move follows reports of abnormal liquidation events on the platform's London Gold trading service, after which its Hong Kong office was abandoned. Authorities cited the complexity of asset recovery, noting that some funds were deposi

According to Dune data, Robinhood DEX recorded $702 million in daily trading volume in the past 24 hours on August 30, marking the second-highest single-day record in the platform's history.

Chinese DRAM leader Changxin Memory Technologies (CXMT) posted explosive growth in its first earnings report following its IPO, raising concerns for South Korean semiconductor majors Samsung Electronics and SK Hynix. The surge underscores accelerating momentum in China's memory chip push, as CXMT ramps production capacity. In August, after volatility subsided, Korean semiconductor shares rebounded; however, the faster-than-expected pace of Chinese memory advancement has renewed caution toward do

Serenity, a prominent X-based investment content creator, recently criticized the trend of paid investment research and reaffirmed his commitment to free, public sharing of investment logic and research. In a statement, he described a troubling pattern where creators first compete for the same audience before redirecting followers to paid communities or expensive services; those who refuse to promote such offerings face personal attacks framed as "fundamental disagreement." Serenity noted that w

According to Guru Club, Venezuela's interim president Delcy Rodriguez disclosed details of an oil agreement with the United States on August 30, targeting daily production of 1.5 million barrels from 17 oil fields over 25 years. The agreement sets crude prices at $69 per barrel, with the government earning $19 per barrel after production costs. Additional revenue includes a 16% mining fee and 34% income tax on operating companies. These earnings are expected to supplement the $20.9 billion in pr