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
21:03

Real Trump Coins Denies Authorizing GOLD Token, Blames 'Bad Actors' After $312K Team Profit

According to Real Trump Coins' official statement, on Saturday (Aug. 29), the organization denied authorizing, launching, or promoting the Solana-based GOLD token that was briefly promoted across its X account and RealTrumpCoins.com website before being deleted. The company said it was investigating with authorities and blamed the promotion on "third-party bad actors." Blockchain analytics platform Lookonchain reported that the developer and newly created wallets controlled 82.45% of GOLD's tota
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SOL-0.43%
21:02

U.S. Treasury Doubles Bond Buyback to $4B; Gold Surges Over 7% to Near $4,700 in Five Days

On August 19, the U.S. Treasury announced it doubled its long-dated bond buyback program to $4 billion, prompting gold traders to increase bullish bets and sending spot prices surging over 7% in five days to near $4,700 per ounce. According to Goldman Sachs, gold call option demand has risen notably, acting as a "price amplifier" for upward momentum. The intervention signals investor concerns over fiscal sustainability, as U.S. national debt approaches $40 trillion amid persistent deficits.
21:02

ECB's Schnabel Calls for Onchain Central Bank Money as Project Pontes Launches in September

According to Bloomberg, ECB board member Isabel Schnabel stated on August 28 that central bank money must move onchain, arguing that stablecoins lack the capacity to expand liquidity during financial stress and only central bank infrastructure can fill this gap. Project Pontes is scheduled to launch in September 2026, synchronizing the ECB's TARGET Services payment infrastructure with distributed ledger technology platforms. Over time, Pontes will support settlement finality directly on a Eurosy
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20:59

U.S. Retailers Adopt Divergent Strategies for Tariff Refunds: Walmart, Home Depot Cut Prices; Lowe's, Target Prioritize Earnings Boosts

According to Q2 2026 earnings reports, major U.S. retailers adopted divergent strategies for deploying billions in tariff refunds following a February Supreme Court ruling that invalidated President Trump's tariff authority. Walmart received approximately $2.9 billion in refunds and plans to use the funds to lower prices for consumers, while Home Depot deployed roughly $685 million of its $730 million refund to reduce cost of goods sold. Conversely, Lowe's, which received $80 million, prioritize
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20:51

Meta Tests Robots to Handle Data Center Tasks, Could Replace Up to 80% of Manual Work

According to Wired, Meta is recently testing robots from multiple vendors, including Kinova and ABB, to perform maintenance tasks in its data centers, such as power cycling servers and swapping networking cables. The company is evaluating whether robotic arms could eventually reduce reliance on human workers as its AI infrastructure spending accelerates. One Meta data center worker estimates that if successful, the robots could replace up to 80 percent of some personnel's workloads. The company
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20:49

South Korea: 2.6 Trillion Won Flows Into Money Market and Covered Call ETFs in Past Week

According to Korea Securities Depository ETF CHECK, money market and covered call exchange-traded funds attracted a combined 2.6 trillion won in net inflows over the past week through Aug 31. Money market ETFs, which invest in short-term bonds and commercial paper, received approximately 1.6 trillion won, with KODEX Money Market Active leading at 539 billion won. Covered call ETFs also saw strong inflows, including 341 billion won into TIGER Dividend Covered Call Active and 251 billion won into
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20:45

Polygon Disclosed Security Vulnerabilities Fixed in Recent Austin and Kyoto Hard Forks

According to ChainCatcher, Polygon disclosed multiple previously undisclosed security vulnerabilities that were fixed through two recent hard forks, Austin and Kyoto. The flaws affected Polygon's Bor and Heimdall clients, including denial-of-service risks and a critical issue where carefully crafted transactions could force validators to perform excessive processing work, disrupting network operations. The Austin hard fork also patched two denial-of-service vulnerabilities in Bor that could slow
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20:44

Major U.S. Retailers Receive Billions in Tariff Refunds in Q2 2026, But Split on Spending Strategy

According to recent Q2 2026 earnings reports released in mid-August, major U.S. retailers including Walmart, Home Depot, Target, and Lowe's received substantial tariff refunds after the Supreme Court ruled in February that tariffs were unauthorized under federal law. Walmart disclosed it was eligible for roughly $2.9 billion in refunds, while Home Depot received $730 million and Target obtained a $994 million pretax benefit. Retailers diverged sharply on deployment. Walmart, Home Depot, and TJX
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20:43

Nvidia Surges 10% as Magnificent Seven Diverge: Alphabet, Meta Plunge Amid AI Capex Concerns

According to Business Insider, Nvidia shares jumped 10% on Thursday, August 27, extending 2026 gains to 23%, as the company's strong earnings reaffirmed AI demand resilience. Despite a $5.5 trillion market cap, Nvidia continues delivering robust revenue and growth guidance. In contrast, Alphabet and Meta face mounting pressure, marking stark divergence within the Magnificent Seven. Alphabet's stock fell 15% from its May peak, erasing $69.2 billion in market value over three months, as AI capital
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20:42

Vietnam Launches Digital Assets Pilot with 5 Licensed Exchanges, VND 10 Trillion Capital Requirement Starting Q3 2026

According to Government Resolution No. 05/2025/NQ-CP signed on September 9, 2025, Vietnam launched a five-year pilot program for tokenized assets running through 2030. The framework mandates that all tokenized assets be backed by real-world assets and issued by Vietnamese entities, with foreign investor access first and domestic participants entering on a delayed six-month timeline after the first license issuance. Five exchanges are progressing toward approval, including VIX Crypto Assets Excha
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20:42

Swedish Tax Authority Denies $84.7M in VAT Deductions to HIVE Digital in 2026

According to The Energy Mag, Sweden's tax authority has contested input VAT deductions claimed by Northern Data AG and HIVE Digital's Swedish subsidiaries for cryptocurrency mining operations, with disputes extending from 2025 into 2026. HIVE's Bikupa Datacenter subsidiaries received decisions beginning December 2022 rejecting VAT recovery and requiring repayment of earlier refunds. After administrative courts ruled against the company in July 2026, HIVE recorded an 822 million-kronor provision,
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20:37

CME Fedwatch Shows 57% Odds of September Fed Rate Hike, Up From 39.9% a Week Earlier

According to CME Fedwatch, the probability of a September 16 federal funds rate hike jumped to 57% as of August 30, up sharply from 39.9% on August 21. The shift follows Federal Reserve Vice Chair Warsh's Jackson Hole speech on August 28, where he emphasized the Fed's commitment to controlling inflation, citing a 12-month PCE inflation reading of 3.7% against the 2% target. Prediction markets show tighter odds. Polymarket traders priced a Fed hold at 52% against a 48% hike probability, with over
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20:32

BIS Chief Slams Stablecoins as Lacking Money Fundamentals as Global Supply Hits $308B

According to Reuters, BIS Chief Pablo Hernández de Cos criticized stablecoins at the Federal Reserve Bank of Kansas City's Jackson Hole Economic Symposium on August 28, stating they "do not yet uphold the foundational properties of money." He identified four structural shortcomings: lack of par redeemability, elasticity, interoperability, and financial integrity. De Cos noted that self-custodied wallets complicate anti-money-laundering enforcement compared to traditional banking. Global stableco
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20:27

Bitcoin Early Adopters Move 6,427 BTC Worth $500M in August, With 22 Wallets Swept in One Hour on Aug. 19

According to btcparser.com, 6,427.59 BTC worth approximately $507 million moved across dormant Bitcoin wallets between August 1-30, 2026, marking a sharp surge in early adopter activity. The movement occurred via 188 distinct spends tracked on the blockchain. Wallets created in 2014 dominated the activity, with 94 transfers moving 3,286.26 BTC. Most notably, 22 wallets created between November 30 and December 26, 2014, were swept within approximately one hour on August 19, each transferring roug
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BTC0.59%
SFP1.98%
20:25

South Korea's Three Major Securities Firms' Total Risk Surges 30.4% in 12 Months

According to MoneyToday, as of August 28, the combined total risk of South Korea's three major securities firms—Mirae Asset Securities, Korea Investment & Securities, and NH Investment & Securities—reached 22.27 trillion won, up 30.4% from 17.07 trillion won a year earlier. The figures underscore growing systemic concerns: in a financial crisis, the projected capital shortfall (SRISK) of the largest brokers would now exceed that of mid-sized banks. The expansion reflects rising interconnections
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20:25

SpaceX Crew Dragon Mission Delayed Due to Oxidizer Leak in Propulsion System

According to NASA, SpaceX and NASA have postponed the launch of their Crew-13 mission to the International Space Station to repair an oxidizer leak detected in the Crew Dragon's propulsion system. Both agencies are conducting additional testing, and no new target launch date has been announced. The mission's crew includes astronauts from the United States, Canada, and Russia.
20:14

Real Trump Coins Denies Launching GOLD Token, Blames Third-Party Bad Actors

According to Real Trump Coins' statement on Saturday, the platform denied launching, promoting, or authorizing the Solana-based GOLD token that briefly appeared across its online presence, attributing the promotion to third-party bad actors. The Real Trump Coins X account had promoted the token on Saturday, Aug. 29, directing users to RealTrumpCoins.com before posts were deleted and the account's link was changed to TrumpCoins.com. Real Trump Coins said it was working with authorities to investi
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TRUMP-6.11%
SOL-0.43%