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
14:00

Iranian Armed Forces Spokesman Says Iran Determined to Expel U.S. Forces From West Asia

According to Jin10, Iranian Armed Forces spokesman Kioumars Shekarchi stated on August 31 that Iran is determined to expel U.S. forces from the West Asia region. Dismissing remarks about the Strait of Hormuz, Shekarchi said, "If Trump thinks the Strait of Hormuz is American territory, he must be dreaming." Shekarchi noted that despite significant economic costs, Iranian unmanned aircraft and ballistic missiles have penetrated American and Israeli defensive systems, successfully striking military
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13:51

South Korea's Leveraged ETF Trading Volume Drops to 4% of June Peak Amid Regulatory Curbs

According to Eric Balchunas, South Korea's leveraged ETF trading volume has dropped to just 4% of its June peak, attributed to recent market selloffs and new regulatory requirements. The South Korean government has introduced a mandatory five-day training course requirement for leveraged ETF traders, which is expected to deter market participation. This regulatory approach, combined with ongoing market volatility, has significantly reduced trading activity in the region.
13:49

Metaplanet Transfers 4,800 BTC Worth $377M to Coinbase Today

According to Arkham Intelligence, Metaplanet transferred 4,800 BTC worth $377 million to Coinbase Prime today. The transfer marks part of a larger weekly movement, with the company depositing a total of 10,270 BTC worth approximately $806.3 million to the exchange over the past seven days, triggering speculation about potential Bitcoin sales.
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13:46

Anthropic Removes Specific Weekly Usage Limits for Claude Max from Website

Anthropic has removed specific weekly usage limit figures for Claude Max from its website, according to recent updates. Previously, the company disclosed that the 5x tier ($100) offered 140-280 hours per week, while the 20x tier ($200) provided 240-480 hours, meaning users paid double the price but received only 1.7x more usage. The company now only refers to vague descriptions like "per five-hour sessions" and acknowledges independent weekly caps exist, but no longer discloses exact figures. Th
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13:44

Iran's Pezeshkian Reaffirms Pursuit of Negotiations with U.S. at SCO Summit on August 31

According to Tasnim news agency, Iranian President Masoud Pezeshkian stated on August 31 at the Shanghai Cooperation Organization summit that Iran continues to pursue a negotiated resolution with the United States. Speaking with Indian Prime Minister Narendra Modi, Pezeshkian said Iran has upheld its commitments under the agreement framework, but the U.S. has failed to fulfill its obligations. He emphasized that Iran remains committed to dialogue and mutual understanding, and that prolonging con
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13:43

U.S., Iran Exchange Strikes, Crude Oil Surges Above $85 as Dow Falls 0.54% on August 31

According to CNYES, on August 31, the U.S. and Iran exchanged military strikes for the second time in a month, pushing crude oil prices sharply higher. West Texas Intermediate crude surged 2.53% to $85.51 per barrel, while Brent crude climbed 2.21% to $88.02, intensifying concerns over inflation and potential Federal Reserve rate hikes. The energy spike also lifted the 10-year U.S. Treasury yield to 4.74%. Major U.S. indices opened lower: the Dow Jones fell 0.54%, the S&P 500 declined 0.26%, tho
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13:41

Bank of England Governor Warns Frontier AI Poses Systemic Risk to Global Finance on August 31

According to CNBC, Bank of England Governor Andrew Bailey warned in a letter to G20 finance leaders on August 31 that frontier AI models increasingly capable of high autonomy and sophisticated cyber capabilities could significantly accelerate, scale and reduce costs of cyberattacks. Bailey highlighted that such models increase reliance on concentrated third-party technology providers, potentially undermining market confidence and destabilizing the global financial system. He also noted that most
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13:41

Cronos Network Resumes Block Production After Tectonic Attack, Chain Rolled Back to Pre-Exploit State

According to Foresight News, Cronos Network resumed block production and fully came online on August 31, with the chain state rolled back to before the Tectonic protocol exploit attack that resulted in approximately $74 million in losses. The recovery began at block 90,896,189 following validators' emergency consensus action to protect users. Node operators can now upgrade to Cronos v1.7.8 using the latest mainnet snapshot. The network remains under observation to confirm stability, with some pr
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13:39

Turkey Develops Black Sea Grain Transportation Plan, Maintains Contact with Russia and Ukraine on August 31

According to Turkish Foreign Minister Hakan Fidan on August 31, Turkey has developed a plan to ensure safe grain transportation through the Black Sea and is maintaining contact with Russia and Ukraine regarding the initiative. Fidan stated that Turkey is seeking to establish an agreement similar to the grain corridor if necessary conditions emerge. Turkey and the United Nations previously brokered the Black Sea Grain Initiative, which was established in July 2022 to enable Ukraine to export appr
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13:39

12-Year Dormant Bitcoin Wallet Transfers $1M in March, Then Destroys Funds in May

According to Cointelegraph, a Bitcoin wallet inactive for nearly 12 years transferred approximately 20 BTC (roughly $1 million) to a major centralized exchange in March, withdrew nearly all funds three weeks later, and then permanently destroyed the cryptocurrency in May. Chain analysis firm Chainalysis confirmed the wallet shares common ownership with four other addresses, all receiving initial funding on the same day in April 2014. Most funds are traceable to the defunct Mt. Gox exchange, sugg
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BTC-0.86%
13:35

Ireland Excludes Crypto From New Tax-Advantaged Investment Account Launching in 2027

Ireland's government will exclude cryptocurrencies from a new tax-advantaged personal investment account set to launch in 2027, according to its retail investment tax roadmap. The account will allow savers to invest in listed stocks, bonds, and exchange-traded funds (ETFs), with crypto and derivatives classified as "highly complex and high-risk products" ineligible for inclusion. The government will set an as-yet-undetermined tax-free threshold, with gains above it taxed at low rates annually. N
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