Gate Crypto Flash News and Market Updates

According to Jin10 data and the University of Michigan Consumer Sentiment Survey on August 14, U.S. consumer confidence declined approximately 8% in August, ending two consecutive months of improvement. Short-term economic expectations fell 11% and long-term expectations dropped 17%. The August decline was observed across all political groups, with Republicans experiencing the largest monthly decrease. Consumer confidence among Republicans is now 19% below pre-Iran conflict levels and marks the

According to Bitcoin News, 256 Foundation has launched the 256 Red Team security initiative to audit ASIC mining firmware through reverse engineering, real-time traffic capture, and share-level reconciliation. The team submitted 41 problem reports covering Bitmain's original firmware and third-party variants including LuxOS, VNISH, and Braiins OS. Identified vulnerabilities include unauthenticated factory APIs, root access paths, default credentials, embedded vendor SSH keys, and update mechanis

According to the RCN Capital/CJ Patrick Company Investor Sentiment Index survey, investor confidence in the single-family housing market fell to an all-time low at the end of June, with only 26% of respondents saying market conditions are better than a year ago, down from 35% in the first quarter. The survey of over 300 investors also found 45% believed the market has worsened, the highest share since the survey began in 2023. High financing costs, rising home renovation expenses, and limited in

According to Coinglass data, if ETH breaks $1,961, short liquidations on major cryptocurrency exchanges will reach $770 million. Conversely, if ETH falls below $1,789, long liquidations will reach $720 million.

Paxos announced on August 13 that it has upgraded the allocation system for its gold-backed token PAXG, implementing real-time tracking of physical gold bar ownership. The new system reduces processing time from approximately two hours to 1.24 milliseconds, with transfers, minting and burning transactions now reflected almost instantly. The upgrade replaces Paxos's previous batch-based allocation process and is designed to be chain-agnostic, supporting PAXG's expansion beyond Ethereum to additio

The University of Michigan's 5-year inflation expectations initial reading came in at 3.3% today (August 14), matching both the forecast and the prior month's level of 3.3%.

U.S. business inventories grew 0% month-over-month in June, falling short of the 0.1% forecast and down from 0.3% in May.

In August, the initial reading of U.S. five-to-ten-year inflation expectations came in at 3.3%, matching both the forecast and the previous reading of 3.30%, according to market data.

The University of Michigan's Consumer Sentiment Index came in at 51 for August, missing the consensus expectation of 54.5 and falling from the prior month's reading of 55.2.

Coinbase announced it will halt USDC deposits and withdrawals on the Noble network starting August 17. USDC services on other supported networks, including Ethereum, Base, Solana, Arbitrum, Optimism, and Polygon, will remain unaffected. The exchange reminded users not to send funds to its Noble network USDC deposit address after August 17, as they may not be recoverable.

The U.S. one-year inflation rate expectation came in at 4.3% in August, exceeding the forecast of 4.2% and slightly above the prior reading of 4.20%.

The University of Michigan's Sentiment Index for August came in at 51.8, missing the expected reading of 55 and falling short of the previous month's 54.8.

The University of Michigan consumer sentiment index came in at 50.6 in August, falling short of the expected 55.2 and down from 55.4 in the prior month.

According to MSX.COM data, U.S. stocks opened on August 14 with AI stocks climbing broadly. AeroVironment surged 8.52%, while Micron rose 2.56%, AMD gained 1.79%, SAP climbed 1.77%, and CoreWeave increased 1.57%. The broader market showed mixed performance: the Dow Jones dipped 0.24%, the S&P 500 index rose 0.07%, and the Nasdaq gained 0.21%. The VIX fear index fell 0.82%.

According to Odaily, Lumentum rose over 5% in early trading on August 14, with the company guiding Q1 FY2027 net revenue of $1.23B–$1.28B, above market consensus of $1.15B.

According to Galaxy research lead, since August 6, no new confirmed Coldcard exploit attacks have been recorded. The researcher has connected with over 190 affected victims and is requesting additional victims to reach out via direct message for loss-tracking assistance and institutional reporting support.

According to Korean media reports, on August 14, Microsoft co-founder Bill Gates, founder of TerraPower, met with SK Group Chairman Chey Tae-won, HD Hyundai Group Chairman Jung Ki-seon, and other South Korean business leaders to discuss cooperation in small modular reactors (SMR) and AI power supply. Gates discussed with Chey the power demand growth driven by AI data center expansion and the future of next-generation nuclear energy. SK and SK Innovation, which invested $250 million in TerraPower

According to Onchain Lens, Grayscale transferred 572.9 BTC (valued at approximately $35.9 million) and 44,320 LINK (valued at approximately $391,000) from its Bitcoin and Chainlink trust wallets to Coinbase Prime on August 14.

According to Smart Finance, Yanzhiwu (01497) reported interim results for H1 2026 with revenue of RMB 1.182 billion, up 16.49% year-over-year. Shareholders' profit reached RMB 107 million, increasing 42.72% compared to the same period last year. Earnings per share stood at RMB 0.24, with an interim dividend of RMB 2.17 per 10 shares proposed.

According to Ruichang International Holdings' announcement, the company is expected to report a net loss of approximately 24.75 million yuan for the six months ended June 30, 2026, down about 35% from a loss of 38.06 million yuan in the same period of 2025. The narrowing loss was driven by increased revenue from business expansion and strong order backlog. However, the company remains unprofitable as several newly secured contracts are still in execution phases with revenue not yet recognized, a