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
16:11

Solana Meme Coin SOLCAT Breaks $3.4M Market Cap, Surges 14x Intraday

According to ChainCatcher, citing GMGN data, Solana-based meme coin SOLCAT briefly surged to a market cap of $3.4 million, currently trading around $2.5 million with intraday gains exceeding 1,400%. The rally is attributed to Solana's official account updating its profile picture to include cat imagery linked to SOLCAT, sparking community interest in the token narrative. Meme coin prices are volatile and heavily influenced by market sentiment and trend events; traders should exercise caution.
SOL-2.66%
16:11

Polygon Labs Completes SOC 2 Type 1 Audit for Open Money Stack

According to ChainCatcher, Polygon Labs has completed SOC 2 Type 1 audit for its Open Money Stack API and dashboard, with independent auditor Schellman & Company LLC confirming appropriate security control measures are in place. SOC 2 Type 1 assesses whether controls are designed correctly at a point in time, while Type 2 audit—currently underway—will test the execution of these controls over several months of actual operations. Polygon Labs CEO Marc Boiron noted that as a technology vendor hand
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16:03

Arbitrum DAO Realizes $6.19M Revenue in H1 2026, Robinhood Chain Contributes $360K

According to The Block, Arbitrum DAO realized revenue of $6.19 million in the first half of 2026, primarily from Arbitrum One transaction fees, Timeboost sequencing auctions, licensing fees from Arbitrum-powered scaling chains, and treasury management yields, with a gross margin exceeding 97%. The network processed 478 million transactions during the period, with stablecoin monthly transfer volumes exceeding $70 billion and active addresses reaching 10.5 million. Robinhood Chain, which launched
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ARB6.25%
16:02

Vanguard to Acquire Altruist for $4.6 Billion, Re-Enters RIA Custody Business

According to Axios on 26 August, Vanguard has agreed to acquire Altruist, a registered investment adviser custody platform, in an all-cash deal valued at approximately $4.6 billion. The acquisition marks Vanguard's return to the RIA custody business, which it exited in 2003 when it handed its RIA book to TD Waterhouse. Altruist, founded in 2018, currently serves more than 6,000 advisers and held 6.25% market share in 2025, up from 2.85% the year prior. The deal is expected to close later in 2026
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16:01

World Open-Sources ProveKit Zero-Knowledge Identity Toolkit This Week

According to The Block, World, the identity startup co-founded by OpenAI chief Sam Altman, has open-sourced ProveKit this week, a zero-knowledge identity proving toolkit. ProveKit enables users to generate cryptographic proofs directly on their phones or browsers to prove claims such as age, nationality, or valid identity document ownership without revealing underlying personal data. The toolkit uses local proof generation instead of delegated proving, keeping sensitive information on users' dev
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16:01

Nasdaq-100 Stocks Show Divergence Intraday; Nvidia Rallies 4.51%, Allergan Up 7.18%

According to Bitget market data, Nasdaq-100 components showed divergent performance intraday on September 2, with semiconductors and pharmaceutical stocks leading gains while cybersecurity and chip equipment sectors faced pressure. Nvidia (NVDA.O) rose 4.51%, Allergan Specialty Therapeutics (ALNY.O) climbed 7.18%, Intuitive Surgical (ISRG.O) gained 2.85%, Teradyne (TER.O) advanced 3.08%, and NXP Semiconductors (NXPI.O) increased 3.17%. Consumer and financial services stocks also performed positi
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16:01

Pyth Network Rises 14.32%, NEAR Falls 8.53% Among Top-100 Cryptocurrencies Today

According to CoinMarketCap data, today top-100 cryptocurrencies by market cap showed mixed performance. Among gainers, Pyth Network (PYTH) led with a 14.32% rise to $0.05812, followed by Kite (KITE) up 12.18% at $0.1368 and Filecoin (FIL) up 7.49% at $0.7722. On the decline, NEAR Protocol (NEAR) dropped 8.53% to $1.85, OFFICIAL TRUMP (TRUMP) fell 7.74% to $2.20, and Ethena (ENA) decreased 7.52% to $0.1505.
PYTH16.16%
NEAR-8.27%
KITE12.28%
FIL9.72%
TRUMP-7.44%
16:01

Google Gemini 3.8 Flash Launches With 71% DeepSWE Score, Nearly Matching Claude Opus 5

According to Testing Catalog, Google's Gemini 3.8 Flash model has launched on Gemini, Google AI Studio, and API. The model achieved a 71% score on the DeepSWE 1.1 benchmark, approaching Claude Opus 5's 74% while offering significantly lower pricing. Through December 31, 2026, input costs are $0.75 per million tokens and output costs (including thinking tokens) are $3.75 per million tokens.
16:01

Global Bond Yields Rise to Multi-Year High, But Falls Short of 2022 Selloff

According to Bloomberg data, on September 2, global government bond yields rose 17 basis points over the past 20 days, with the U.S. 10-year Treasury climbing to 4.81% and Japan's 10-year yield reaching 3% for the first time this century. However, the gains remain modest compared to 2022, when yields surged 62 basis points in the same period. Bond prices have fallen 4.2% year-to-date versus a 23% drop in 2022. Market volatility, as measured by global government bond yield fluctuations, declined
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16:01

UK 10-Year Gilt Yields Hit 5.289% on September 2, Highest Since 2007

On Wednesday (September 2), UK 10-year gilt yields reached 5.289% during European afternoon trading, marking the highest level since Q3 2007 when they peaked at 5.564%. Earlier in the session, the yield rose 0.8 basis points to 5.228%. Two-year gilt yields climbed 1.0 basis point to 4.616%, reflecting a broader steepening across the curve. The 2/10-year yield spread held roughly flat at 61.4 basis points.