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
13:19

Uzbekistan Central Bank to Convene Wall Street Firms in Mid-September to Discuss $64.3B Foreign Reserves Strategy

According to Jin10 Data, on August 26, Uzbekistan's Central Bank planned to hold a roundtable discussion with major U.S. asset managers, including Goldman Sachs, BlackRock, and JPMorgan Chase, in mid-September to explore potential investment channels for its foreign reserves. Central Bank Governor Timur Ishmetov stated the bank aims to diversify beyond gold, which currently comprises 87% of its $64.3 billion in reserves, down from $66.3 billion at the start of 2026. The World Gold Council report
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13:16

B.AI Daily API Users Hit 23,432 and Token Throughput Surges to 594.71B on August 25, Both All-Time Highs

According to B.AI, on August 25, the platform's daily new API users reached 23,432, marking an all-time high, while daily token throughput surged to 594.71 billion tokens, also setting a new record. During the same period, B.AI accumulated 79,500 new API users, processed 74.108 million token calls, and handled over 3 trillion cumulative tokens across its one-stop AGI infrastructure platform.
13:13

Chinese NAND Maker YMTC Targets Global Leadership by End of 2027, Claiming 14% Market Share

According to Financial Times, on August 25, Chinese NAND flash memory manufacturer Yangtze Memory Technologies (YMTC) aims to become the global leader by end of next year amid its large-scale initial public offering (IPO). Counterpoint Research data shows YMTC claimed 14% global NAND flash market share in Q2 2026, rising from just 4.8% in 2021—nearly tripling in five years. Currently third behind Samsung Electronics (25%) and SK Hynix (22%), YMTC's parent company CCSH submitted IPO documents to
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13:13

Musk Reveals Tesla AI5 Chip Can Match Nvidia's Power Efficiency 2-3x Better, Costs Only 10%

According to Wccftech, Tesla CEO Elon Musk recently shared progress on the company's AI5 inference chip during a discussion with hedge fund manager Ron Baron. The AI5, which completed tape-out in April and is now being produced by Samsung Electronics, delivers 2-3x better power efficiency per watt compared to Nvidia's chips for automotive and robotics inference workloads, while costing roughly 10% of Nvidia's chips. Musk stated the single-SoC AI5 matches Nvidia's Hopper architecture performance
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13:12

Coinbase Chief Policy Officer Refutes ABA Opposition to Stablecoin Rewards in Clarity Act

According to ChainCatcher, Faryar Shirzad, Coinbase's chief policy officer, recently wrote in CoinDesk refuting claims by the American Bankers Association (ABA) that stablecoin rewards would drain community bank deposits. The ABA warned that permitting such rewards under the proposed Clarity Act could cause deposit losses. However, Shirzad pointed out that Coinbase has been paying stablecoin rewards on USDC for over four years, yet community bank deposits grew 26% from June 2019 to March 2026, t
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13:05

Amazon AWS Announces Agreement to Acquire DuckLabs, Developer of Open-Source DuckDB

According to reports, Amazon Web Services announced it has signed a definitive agreement to acquire DuckLabs, the company behind the open-source analytics database DuckDB. Upon deal completion, the DuckLabs team will join AWS to enhance the speed, usability, and cost efficiency of AWS data analytics services. Amazon emphasized that the acquisition does not include the DuckDB open-source project itself, which will remain maintained by the independent DuckDB Foundation under the MIT license. DuckD
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13:03

Greece Orders Two Multi-Purpose Frigates from Italy, Deliveries Expected 2028-2029

According to state media on August 26, Greece's military will soon sign a procurement agreement to acquire two multi-purpose frigates from Italy. The first vessel is expected to be delivered to the Greek Navy in the first half of 2028, with the second following in the first half of 2029. Greek shipyards will participate in the maintenance and modification of the vessels.
13:02

Clear Street Adds 27 Markets and Routes Overnight Orders Across Four US Venues

According to Clear Street's August 25 announcement, the electronic equities execution platform extended its service yesterday to 27 markets across Europe and Asia-Pacific while introducing a four-venue smart router for US overnight trading. The expansion comprises 22 EMEA markets and five Asia-Pacific markets (Australia, Hong Kong, Japan, New Zealand, and Singapore), accessible through a single execution connection. The overnight router connects Blue Ocean, Bruce, MOON, and OTC Link N to automat
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13:01

Core PCE Rises 0.25% in July, 6-Month Annualized Rate Hits 3.5%: Fed's Timiraos

According to Nick Timiraos, a key Federal Reserve communicator, core PCE rose 0.25% month-on-month in July, equivalent to a 2.99% annualized rate. The monthly increase was roughly in line with July 2025, pushing the year-over-year rate to 3.34% from 2.86% a year earlier. On an annualized basis, core PCE's 6-month increase stands at 3.5%, while the 3-month annualized rate is 3.0%.
13:01

China's Commodity Futures Decline Broadly in Night Session; EG Down Nearly 4%

On night session opening today (August 26), China's commodity futures contracts declined broadly. Ethylene glycol (EG) led declines with a drop of nearly 4%, followed by methanol and propylene falling more than 2%, and pure benzene declining nearly 2%. Other decliners included low-sulfur fuel oil (LU), short fibers, bottle-grade polyester chips, and para-xylene, each down more than 1%. On the upside, rapeseed meal rose nearly 2%, soybeans II climbed more than 1%, and soybean meal and zinc (SHFE)
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13:01

ECB Outlines Digital Euro Privacy Design; 36 Payment Providers to Pilot in Late 2027, Launch Targeted for 2029

According to Decrypt, European Central Bank (ECB) Executive Board member Piero Cipollone announced that the digital euro will provide the highest level of privacy feasible with current technology. Offline payments will be visible only to payer and payee; online transactions will not reveal parties' identities to the euro system, though participating banks retain identification capability. The ECB confirmed 36 payment service providers are participating in a 12-month pilot launching in the second
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