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.
2026-08-19
08:37

ASIC Shuts Down 3,106 Crypto Scams on Aug. 17 as AI-Driven Deepfakes Drive $5.3M in Losses

According to the Australian Securities and Investments Commission (ASIC), on Aug. 17, 2026, the regulator shut down 3,106 cryptocurrency investment scams during FY26, marking a nearly 30% increase from the prior period. Simultaneously, ASIC dismantled over 19,400 online scams total, a 182% surge. Deepfake-fueled fraud featuring impersonated figures including Prime Minister Anthony Albanese accounted for over $5.3 million in reported Australian losses, highlighting the escalating sophistication o
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08:37

UK July CPI Rises 2.9% Year-over-Year, Meeting Expectations; Core CPI Exceeds Forecast

According to the UK Office for National Statistics, the country's July consumer price index (CPI) rose 2.9% year-over-year on August 19, matching market consensus and accelerating from June's 2.6% increase. The month-over-month reading rose 0.3%, also in line with expectations. Core CPI, excluding energy and food, climbed 2.6% year-over-year, slightly exceeding the forecast of 2.5%. The UK's July producer price index rose 4.9% annually. Following the data release, GBP/USD strengthened 0.16% to 1
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08:33

Over $183 Million in Crypto Positions Liquidated in 24 Hours, 58,812 Traders Hit

According to Coinglass data, over $183 million in cryptocurrency positions were liquidated in the past 24 hours, with long positions accounting for $75.93 million and short positions $107 million. A total of 58,812 traders were liquidated during the period. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $23.35 million.
08:33

Velaura AI Completes $110M Series A Funding at Over $1B Valuation

According to Reuters, artificial intelligence chip designer Velaura AI announced the completion of a $110 million Series A funding round, with a valuation exceeding $1 billion. The round was led by Seligman Ventures and included participation from Capricorn Investment Group, Samsung Catalyst Fund, StepStone Group, and Maverick Silicon. The company develops low-power chip and software technology for data center and physical AI applications, including robotics and autonomous systems. The newly rai
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08:31

Dekang Livestock Reports 10.089 Billion Yuan Revenue in First Half of 2026, Hog Unit Contributes 77.6%

According to Smart Finance App, Dekang Livestock (02419) reported revenue of 10.089 billion yuan for the first half of 2026, with the hog segment generating 7.829 billion yuan or 77.6% of total revenue. The company's hog production all-in cost fell to 11.89 yuan per kilogram, down approximately 0.6 yuan per kilogram year-over-year. Revenue and profit declined amid weak hog prices and industry headwinds, though the company maintained industry-leading cost efficiency and profitability levels throu
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08:29

XRP Spot Trading Volume Drops 53% in Q2, RLUSD Supply Surges 257%

According to Blockworks' Q2 report, XRP spot trading volume on centralized exchanges declined 53.5% quarter-over-quarter to $57.6 billion. The token finished the quarter at $1.04, down 19.9%, and maintained its position as the fourth-largest non-stablecoin asset with a $65.8 billion market cap. RLUSD supply expanded 257% to $676.9 million, driving overall XRPL native stablecoin supply to $825.5 million, up 195.4% sequentially. Additionally, tokenized RWA (real-world assets) on XRPL grew 102.5% t
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XRP18.34%
08:25

USDGO Becomes Custodial Asset on Ceffu Platform, Expanding Institutional Access

According to PANews, on August 19, OSL Group announced that USDGO has become an approved custodial asset on Ceffu, an institutional digital asset custody platform. Qualified Ceffu clients can now deposit, hold, and withdraw USDGO through their custody accounts. USDGO, issued by Anchorage Digital Bank N.A. and operationally supported by OSL, launched in February 2026 and currently has a circulation scale approaching $1.2 billion. The custody offering addresses institutional constraints regarding
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08:18

Kenya Orders Blockchain Tracking for Imported Medicines Starting January 2027

According to Kenya's Ministry of Health announced during the Kenya Health Summit, the nation will require all imported medicines to carry unique digital identifiers verifiable through a blockchain-backed track-and-trace system, effective January 2027. The framework mandates that each pharmaceutical product receive a serialized digital identity traceable from manufacture through distribution to point of dispensing. Regulators, pharmacists and consumers will verify products through a centralized p
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08:17

Binance SNDK Perpetual Contracts Surpass Bitcoin USDT by Volume to $63.7B on August 19

According to Binance, on August 19, SanDisk (SNDK) U.S. stock perpetual contracts on Binance recorded trading volume of approximately $63.7 billion, surpassing Bitcoin USDT perpetual contracts' $59.6 billion volume, making SNDK one of the platform's highest-volume contract products. TradFi assets are increasingly dominating Binance's high-volume perpetual contracts. Data shows that 10 of the top 15 contracts by trading volume are TradFi-related assets, reflecting growing adoption of traditional
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08:16

Vietnam Launches Regulated Cryptocurrency Market Pilot in Q3 2026 to Address Money Laundering Gaps

According to The Business Times, Vietnam is accelerating its pilot-regulated cryptocurrency market, with the first domestic digital asset trading platforms expected to launch as soon as Q3 2026. The initiative aims to address anti-money laundering and counter-terrorism financing gaps. Vietnam has been on the Financial Action Task Force's gray list since June 2023 due to strategic deficiencies in anti-money laundering, counter-terrorism financing, and anti-proliferation financing controls, and ha
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08:16

South Korea Proposes Using Excess Tax Revenue for Health Insurance and Pension Expansion on August 19

According to Yonhapinfomax, on August 19, South Korea's Health and Welfare Minister Jung Eun-kyung announced a plan to allocate excess tax revenue from the semiconductor boom to expand health insurance government subsidies and increase national pension benefits for military personnel, pregnant women, and low-income groups. Officials from the National Health Insurance Service and National Pension Service supported the proposal, with the pension administrator emphasizing that using the surplus rev
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08:15

Shanghai Launches Web3.0 Innovation Test Mechanism Research as Part of Digital Economy Plan on August 19

According to Shanghai government, the Shanghai Municipal People's Government announced on August 19 the 15th Five-Year Plan for "Digital Shanghai" construction. The plan includes launching research into Web3.0 innovation test mechanisms and accelerating the construction of a safe, reliable digital technology innovation system. The initiative aims to strengthen digital economy development and support application innovation in artificial intelligence, metaverse, and embodied intelligence sectors.