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.
2026-08-20
14:01

Beldex Raises $8 Million Led by Sigma Capital to Expand Privacy Infrastructure for Web3 and AI

According to MetaversePost, Beldex raised $8 million in a new funding round on August 20, led by Sigma Capital and including participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures. The funding will accelerate development of privacy infrastructure for Web3 and AI applications. Beldex plans to invest across developer tooling, confidential applications, protocol security, AI infrastructure and ecosystem adoption. Near-term priorities include the Beldex Extension Wallet, SDKs, accou
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14:01

Nasdaq Biotech Index Falls 1.7% at Market Open; Moderna Drops 14.84%

At market open today, the Nasdaq Biotech Index fell 1.7%, with Moderna sliding 14.84%, EyePoint Pharmaceuticals down 12.01%, and Sionna Therapeutics down 8.39%. Biotech firm Tempus AI rose 8.83%, while Aurinia Pharmaceuticals gained 9.28% and Maravai Lifesciences added 8.04%.
14:01

Fed's Daly Says Treasury Selloff No Sign of Policy Error, Bond Yield Hits 2007 High

According to Federal Reserve Bank of San Francisco President Mary Daly on Thursday, the U.S. Treasury market shows the Fed's current monetary policy stance is broadly appropriate, and the central bank's credibility is not facing threats. The 30-year Treasury yield has reached its highest level since 2007 amid persistent selling, driven by investor concerns over ballooning U.S. debt and inflation remaining above the Fed's 2% target for over five years. Daly noted that yield movements may reflect
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14:01

Semiconductor Firms Announce Price Hikes; Chinese RF Chip Leader Xiaoshengwei Raises Prices 10-20% from Sept 1

According to Odaily Planet Daily and 21Finance, semiconductor companies announced new price hikes from late August 2026 to September 2026. Chinese RF chip leader Xiaoshengwei will raise all RF product prices effective September 1. On the same day, National Technologies increased certain MCU product prices by 10-20%. International chipmakers also joined the wave: ST Microelectronics completed its third price adjustment on August 23, while ADI will execute its second round of new prices starting S
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14:00

Neutrl Protocol Services Remain Paused as Team Evaluates Reserve Recovery Plan

According to Neutrl, the decentralized yield protocol's services remain paused as the team evaluates available reserves and plans an orderly recovery process. Neutrl stated that its primary objective is to secure the best possible outcome for users and will release additional information once next steps are determined. The protocol had previously suspended minting, redemptions, and other functions due to impacts on protocol reserves.
13:59

ICE Considers Continued Investment in Polymarket, Total Commitment Exceeds $1.6B

According to Bloomberg, on Aug 20, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, said it is considering participating in Polymarket's new funding round. ICE has cumulatively invested over $1.6 billion in the prediction market platform. ICE Chief Executive Jeff Sprecher told Bloomberg Television the company would remain open to involvement if it helps complete the current round, suggesting its investment backing could support the financing.
13:59

Intercontinental Exchange Eyes Polymarket Funding Round, With $1.6B Prior Investment

According to Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is considering participating in the latest funding round for prediction market platform Polymarket. ICE CEO Jeff Sprecher said the company would remain open to the investment if it helps complete the round, adding that the company's backing could provide support for the financing. ICE has previously invested over $1.6 billion in Polymarket.
13:53

Robinhood CEO Says Tokenization Will 'Consume Entire Financial System' on August 20

According to BlockBeats, Robinhood CEO Vlad Tenev stated in a CNBC interview on August 20 that tokenization will eventually "consume the entire financial system." Tenev noted that the market is at the beginning of a global tokenization super-cycle. He added that tokenized stocks could bring 24/7 trading, real-time settlement, and self-custody capabilities to the U.S. market, with listed stocks representing only the starting point.
13:52

Bitcoin.com Adds Support for UAE-Regulated Dollar Stablecoin USDU

Bitcoin.com is integrating USDU into its self-custodial web and mobile wallet in August, expanding access for the Ethereum-based stablecoin registered with the Central Bank of the UAE. Users will initially be able to hold, send and receive USDU, with swap functionality and buy/sell options expected to follow. The integration follows Zodia Custody's support in July and a USDT-USDU liquidity pool launch on Uniswap in August, broadening distribution channels for the Foreign Payment Token.
ETH0.32%
UNI5.48%
13:52

Base Enables AWS AI Agents to Make Crypto Payments

According to Jesse Pollak, Base has enabled AWS artificial intelligence agents to make cryptocurrency payments on the Ethereum layer-2 network on August 19, 2026. The integration, involving Coinbase and Stripe, allows autonomous software agents to conduct transactions for digital services, data, and content under developer-defined spending limits. AgentCore Payments, the AWS service that enables this capability, provides controlled access to payment functions with observability and spending cont
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ETH0.32%
13:52

97% of North American Fund Managers Report FX Losses in Q1 2026 as Hedging Participation Hits Record 94%

According to the MillTech North America Fund Manager FX Report 2026, 97% of North American fund managers reported losses from unhedged currency exposure in the first quarter of 2026, with an average loss of approximately $731,000, despite FX hedging participation reaching a record 94%. The survey of 250 senior finance decision-makers at mid-sized North American asset managers found that the average hedge ratio stood at just 48%, leaving more than half of expected currency risk uncovered. Ninety-
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13:51

XTB Adds Stock Trading to Investment Plans Across Seven European Markets on August 19

According to an XTB rollout update published August 19, 2026, the broker expanded its Investment Plans to include individual stocks alongside exchange-traded funds, now live in the UK, Romania, the Czech Republic, Italy, Germany, Spain and Slovakia. Clients can now combine up to 20 instruments with allocations between 5% and 100%, choose from ready-made globally diversified templates across risk levels, or build custom portfolios from over 3,400 stocks and 1,800 ETFs. The minimum entry is £15 in
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13:50

Shein Hong Kong IPO Delayed to September 1 as Valuation Slashes Below $30 Billion

According to South China Morning Post citing sources, fast fashion e-commerce company Shein postponed its Hong Kong initial public offering to September 1, 2026, as investor subscription efforts extended beyond its original late-August target. The company now plans to launch bookbuilding from August 24 and bring in cornerstone investors; however, most subscription positions are expected to be absorbed by existing shareholders. Shein's IPO valuation cap will not exceed $30 billion, down more than
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