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.
2026-08-17
07:09

China's Industrial Power Generation Down 0.1% Year-on-Year in July at 943.9 Billion kWh

According to China's National Bureau of Statistics, industrial power generation in July reached 943.9 billion kilowatt-hours, declining 0.1% year-over-year, with daily average output at 30.45 billion kilowatt-hours. For the first seven months of 2026, cumulative industrial power generation stood at 569.85 billion kilowatt-hours, up 3.0% compared to the same period last year.
07:08

South Korea Delays Token Securities Implementation Guidelines as Market Sees Fewer New Issues

According to the Financial Services Commission, detailed implementation guidelines for South Korea's token securities system, initially targeted for July release, have been delayed ahead of a February 2027 launch. The rules will cover eligible underlying assets, disclosure standards, and trading limits for fractional investment products. Issuance of fractional investment products—covering real estate, music copyrights, and art—fell sharply: 14 new issues through mid-August 2026 versus 60 in 2024
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07:08

U.S. Strategic Oil Reserves Hit Lowest Level Since 1983, Raising Geopolitical Risk Amid Iran Tensions

According to iM Securities analyst Park Sang-hyun, U.S. strategic petroleum reserves have recently fallen to their lowest level since January 1983, driven by prolonged Iran-related tensions. The reserves stood at 298.7 million barrels, representing a decline of over 100 million barrels compared to late February when military conflict between the U.S. and Iran appeared imminent. Park noted that approximately 130 million barrels remain unusable due to aging infrastructure, while commercial crude o
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07:08

China's Fixed Asset Investment Falls 6.7% in First Seven Months of 2026

According to China's National Bureau of Statistics, the country's fixed asset investment (excluding farmers) totaled 260,328 billion yuan in the first seven months of 2026, falling 6.7% year-on-year. Among sectors, intellectual property product investment rose 9.1% during the same period.
07:05

People's Bank of China Adds 8 Banks as Digital Yuan Operators, Expanding to 30 Total

According to Jin10, the People's Bank of China on August 17 designated eight banks—Ping An Bank, Hengfeng Bank, Bohai Bank, Shanghai Bank, Hangzhou Bank, Huishang Bank, Changsha Bank, and Guangxi Beibu Gulf Bank—as digital yuan business operators. The new institutions will join the PBOC's digital yuan system after completing technical preparations. The total number of digital yuan operators has expanded to 30.
07:05

China's First-Tier Residential Prices Flat in July as Second- and Third-Tier Cities Decline

According to the National Bureau of Statistics, newly built residential prices in first-tier cities remained flat month-on-month in July, shifting from a 0.1% increase in June. Among them, Shanghai, Guangzhou, and Shenzhen rose 0.2%, 0.1%, and 0.2% respectively, while Beijing fell 0.3%. Second-tier cities saw prices decline 0.1% month-on-month, and third-tier cities dropped 0.3%, unchanged from June's pace.
07:05

China's NSB Signals Stronger Policy Support for Jan.-July as Demand-Supply Gap Widens

According to China's National Bureau of Statistics (NBS), the economy showed stable growth for the first seven months of 2026, but faces growing pressures. The key challenge is a supply-demand imbalance: strong supply paired with weak demand. In response, policymakers plan to intensify counter-cyclical adjustments and boost domestic consumption while improving supply-side efficiency.
07:05

macOS Screen Sharing Vulnerability CVE-2026-65400 Exploited to Deploy XMR Mining, CVSS 9.8

According to the Dutch National Cyber Security Center (NCSC-NL) on August 17, attackers are actively exploiting a critical authentication bypass vulnerability (CVE-2026-65400) in macOS screen sharing to target Mac devices exposed to the internet. The vulnerability has a CVSS score of 9.8 and allows attackers to bypass authentication without valid credentials and gain root access. Multiple active exploitation cases have been confirmed, with attackers successfully accessing port 5900 and deploying
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07:05

China's New Home Sales Prices Decline Narrows in July; First-Tier Cities Down 1.1%

According to China's National Bureau of Statistics, first-tier cities' new home sales prices declined 1.1% year-on-year in July, with the decline narrowing by 0.2 percentage points compared to June. Beijing, Guangzhou, and Shenzhen fell 2.3%, 2.2%, and 2.9% respectively, while Shanghai rose 3.0%. Second-tier cities' new home prices declined 2.8% year-on-year, narrowing 0.3 percentage points month-over-month. Third-tier cities fell 4.2%, unchanged from June.
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07:03

SNDK Stock Perpetual Open Interest Hits $1.73 Billion, Largest Among Equity Perps

According to Wu Blockchain, open interest in perpetual futures linked to SanDisk shares reached approximately $1.73 billion across crypto trading venues, making SNDK the largest stock perpetual market. The figure is approximately 1.86 times the $928 million in open interest for SpaceX-linked SPCX perpetuals. Major crypto platforms including Binance, Coinbase International and Bybit have launched equity-linked perpetual contracts this year, extending 24/7 leveraged trading infrastructure to tradi
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07:02

Report Supporting Australia's Teen Social Media Ban Contains 6 AI-Generated Citation Errors, Author Admits Using ChatGPT

According to The Guardian, a key report backing Australia's proposed teen social media ban contains at least six erroneous academic citations, including links to non-existent papers and incorrect DOI references. The report, commissioned by the U.K.-based Age Check Certification Scheme (ACCS) at a cost of $3.48 million to test age verification technology, was analyzed by the outlet. ACCS initially denied using AI but later admitted using ChatGPT to rewrite portions of the text, claiming all citat
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07:02

Binance Shares User Data With Russian Authorities After Russia Exit, Triggering $700 Donation Charges

According to Reuters, Binance provided Russian investigators with transaction records that led to terrorism financing charges against IT specialist Yuri Belenkiy in October 2025. Belenkiy allegedly sent over $700 in cryptocurrency to Ukrainian military-linked groups, including the Azov Brigade, between January 2023 and March 2024, in response to appeals from exiled Kremlin critic Arkady Babchenko. The exchange announced its Russia exit in September 2023, yet documents show it continued respondin
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