Gate Crypto Flash News and Market Updates

Gate News message, JPMorgan has ended its banking relationship with Polymarket due to regulatory concerns, according to The Wall Street Journal. The financial institution discontinued its services to the prediction market platform amid ongoing regulatory scrutiny in the crypto and decentralized finance sectors.

According to Federal Reserve Chicago President Austan Goolsbee, the central bank's decision to hold interest rates steady in July remains appropriate. Goolsbee flagged recent weak productivity data as a potential concern, noting that persistent low productivity could force the Fed to reassess market expectations around artificial intelligence. Goolsbee said the latest consumer price inflation data was encouraging but more time was needed for a fuller assessment. While consumer spending remains s

Neutrl, a decentralized finance protocol, suspended minting and redemptions for its NUSD synthetic dollar on Thursday after unspecified circumstances affected protocol reserves. The protocol also paused other functions on legal advice while assessing the impact but did not disclose which asset or counterparty was affected or the size of any potential impairment. About $53.6 million of NUSD was in circulation at the time. Structured-yield protocol Strata subsequently paused minting and redemption

According to Alex Thorn, Galaxy Research's head of research, on August 15, a Coldcard hardware wallet vulnerability led to the theft of 1,778.84 BTC (approximately $112.7 million) from over 8,600 addresses. Galaxy has directly contacted 190 victims and confirmed the loss figures. If unconfirmed suspicious activities are included, the total damage could reach 2,417.35 BTC (approximately $153 million). Galaxy confirmed that the primary confirmed attacks occurred before August 6, with no new attack

The U.S. oil drilling rig count for the week ending August 14 will be released in approximately 10 minutes.

According to Forbes columnist Jim Osman, reported on August 15, Anthropic's potential IPO could mark a critical test of AI investment logic. The company's annualized revenue run rate surged from $14 billion in February to over $47 billion by May, while its latest private valuation climbed from $3.8 billion to $9.65 billion in the same period. Market discussions suggest the IPO valuation could reach $2 trillion or higher, though the company has not yet disclosed pricing or final listing timing. A

The Federal Reserve announced it will halt reserve management purchases (RMP) of U.S. Treasury securities through its monthly operations ending September 14, marking the first pause since the program launched in December 2025. During this period, the Fed will continue reinvestment purchases of approximately $17 billion. Wall Street strategists, who had expected the Fed to maintain or increase RMP purchases to $10–15 billion monthly, view the decision as unexpected. Analysts from Bank of America,

According to the University of Michigan, the U.S. consumer sentiment index preliminary reading fell to 51.0 on August 14, down 4.2 points (7.6%) from July's 55.2, marking an end to two consecutive months of improvement. The current economic conditions index declined 3 points to 51.8, while the consumer expectations index fell 4.8 points to 50.6. One-year inflation expectations rose slightly to 4.3%, up from 4.2% in July. According to Joan Shue, director of the consumer surveys for the University

According to research published in Economics Letters, analysis of over 6,700 launches from 1960 to 2025 shows SpaceX's Falcon 9 has dramatically reshaped the global launch market. The United States' share of yearly global payload climbed from less than 20 percent in the early 2010s to over 82 percent in 2024, while cumulatively, the U.S. has more than doubled all of Russia's payloads to orbit since 1990. The shift accelerated in the early 2020s as SpaceX ramped up Falcon 9 launches through rocke

According to Fed Vice Chair Austan Goolsbee on August 15, U.S. GDP and the labor market remain fundamentally stable. Weak retail sales represent a single-month performance rather than a trend, though persistent consumer weakness would be concerning. Goolsbee noted CPI data is encouraging but said more data is needed before drawing firm conclusions.

According to BlockBeats, Luigi Mangione pleaded guilty to federal charges on August 15 in the fatal shooting of UnitedHealth CEO Brian Thompson. Federal sentencing is scheduled for December 18. Mangione also faces state murder charges, with trial set for September 8. If convicted of second-degree murder at the state level, he faces 25 years to life in prison.

According to BlockBeats citing BIT trading data, Applied Optoelectronics (AAOI) rallied 15.37% to $150.075 on August 15.

According to ChainCatcher, fixed-rate lending and looping strategy protocol TermMax announced its governance and utility token TMX will undergo Token Generation Event (TGE) on August 25, 2026. The protocol currently has over $90 million TVL, more than 1.5 million registered wallets, and over 90,000 daily active users across 10 EVM chains including Ethereum, BNB Chain, Arbitrum, Base, and Berachain. Rewards earned through XP, AP, and MP mechanisms will become claimable after TGE, with detailed al

According to SEC filings, SoftBank reduced its stake in Taiwan Semiconductor Manufacturing Company (TSMC) by 71.5% to 560,000 American Depositary Receipts on August 15.

According to ChainCatcher, YZi Labs launched EASY Residency Season 5 on August 14, a 10-week acceleration program for early-stage crypto projects. The program combines five weeks of online mentorship with five weeks of in-person residency in Thailand, culminating in a Demo Day. All accommodation, meals, and workspace costs are covered. Selected projects can receive up to $500,000 in initial funding, comprising a $150,000 SAFE for 5% equity plus an additional $350,000 uncapped SAFE, with opportun

According to SEC filings, SoftBank Group reduced its stake in Taiwan Semiconductor Manufacturing Company (TSMC) by 71.5%, cutting its holdings to 565,000 American Depositary Receipts.

According to Forbes, Goldman Sachs disclosed plans on August 15 to acquire ETF manager NEOS Investments for up to $2.25 billion. NEOS manages approximately $30 billion in assets, with its flagship product being the Bitcoin High Income ETF BTCI, which holds around $1.1 billion and generates approximately 27% monthly yields through Bitcoin holdings and covered call strategies. Goldman's move positions it to compete with BlackRock's Bitcoin Yield ETF BITA, which currently holds about $59 million in

According to an official announcement on Friday, Las Vegas-based Bitcoin miner Hyperscale Data sold approximately 685 Bitcoin for roughly $43 million to fund the expansion of its Michigan data center. The company, which trades on NYSE American under ticker GPUS, will use proceeds to develop AI infrastructure and reduce debt by approximately $30 million. Hyperscale retains about 275 Bitcoin and plans to continue mining cryptocurrency, with Executive Chairman Milton Ault stating the sale reflects

According to Bloomberg, Liverpool Football Club has sold approximately 30% of its stake to a consortium led by Jeff Bezos in a recent transaction.

According to Bloomberg, China's central bank injected a net 348 billion yuan (approximately $51.7 billion) into its banking system on Friday, August 14, through overnight reverse repos, the first mid-month use of this tool in its history. Bitcoin (BTC) fell 1.7% on the day. The People's Bank of China (PBOC) has already scheduled three additional injection days from August 17 through August 19, each capped near 600 billion yuan (close to $88 billion).