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.
Today
07:32

Sino-Ecuador Trade Hits $9.83 Billion in H1 2026, Up Over 20% YoY

According to China's Ministry of Commerce, bilateral trade between China and Ecuador reached $9.83 billion in the first half of 2026, with year-on-year growth exceeding 20%. China has become Ecuador's second-largest trading partner, with the growth driven by the effectiveness of the bilateral free trade agreement that went into effect over two years ago.
07:32

Ripple CEO Joins Private CLARITY Act Talks With Commerce Secretary Yesterday

According to former Fox Business journalist Eleanor Terrett, Ripple CEO Brad Garlinghouse joined a private meeting yesterday with Commerce Secretary Howard Lutnick to advance the CLARITY Act ahead of President Donald Trump's White House meeting with crypto industry leaders. The group also included Coinbase CEO Brian Armstrong, Andreessen Horowitz partner Chris Dixon, and Arjun Sethi. Discussions centered on how passing the CLARITY Act could support U.S. jobs, economic growth, and efforts to brin
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07:31

Indonesia Central Bank May Raise Rates 25bp in Q4 if Inflation Pressures Return, CIMB Says

According to CIMB economist on August 20, the central bank of Indonesia may increase rates by 25 basis points in the fourth quarter if external and inflation risks again pressure the Indonesian rupiah. The report noted that narrowing current account deficits could support the rupiah in the latter half of the year, though the Federal Reserve's rate path, US dollar strength, and crude oil prices remain key external factors. Inflation risks are tilted upward due to potential food shortages from El
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07:30

South Korea's National Assembly Passes Capital Markets Act Amendment With 226-1 Vote on August 20

According to Yonhapinfomax, South Korea's National Assembly passed a revised Capital Markets Act amendment on August 20, with 226 votes in favor and 1 abstention out of 227 lawmakers present. The amendment requires listed companies to apply 'fair value' — reflecting asset and earnings value, not just market price — when determining merger ratios. The change addresses concerns that companies have manipulated stock prices around merger dates to benefit controlling shareholders. The revised law als
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07:30

Whale Jason Reopens Binance Position with $222M in BTC and ETH, Up $401K Unrealized Profit

According to PANews and blockchain analyst Ai, whale @Jason60704294 reopened a Binance perpetual trading position today after a month of inactivity, holding $222 million in long positions across BTC and ETH with $401K in cumulative unrealized profits. The whale holds 2,236.384 BTC (4x leverage) worth $156 million at an entry price of $69,826.87, with $369K unrealized gains, and 29.316677 million ETH (6x leverage) worth $66.1 million at an entry price of $2,254.74.
07:27

Crypto Options Worth $1.82B Set to Expire Tomorrow, BTC Max Pain at $66K

According to ChainCatcher, crypto options with a nominal value of $1.82 billion expire tomorrow (August 21). Bitcoin options account for $1.57 billion with a maximum pain point of $66,000 and a put-to-call ratio of 0.65, while Ethereum options total $250 million with a maximum pain point of $1,950 and a put-to-call ratio of 0.77.
07:27

Callosum Raises $100M for Multi-Chip AI Scheduling Platform, Atomico Leads Round

According to Bloomberg, multi-chip AI workload scheduling platform Callosum completed a $100 million funding round on August 20, with Atomico leading the investment. Plural, DCVC, and the U.K. Sovereign AI Fund also participated. The funding will support Callosum's development of an intelligent scheduling layer that automatically matches different AI tasks to the most suitable models and chips, enabling enterprises to reduce costs and improve performance without managing underlying infrastructur
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07:27

Industry Leaders Warn AI Agents Could Enable Billion-Dollar-Scale Crypto Attacks at Wyoming Conference

According to ChainCatcher, at the 2026 Wyoming blockchain conference, industry leaders including Global Settlement Network CEO Ryan Kirkley warned that AI agents could enable hackers to breach Wi-Fi networks, passwords, and wallets at unprecedented scale, making current billion-dollar-level crypto attacks seem trivial. Kirkley stated that attackers could now target entire populations simultaneously rather than individuals, while Web3 Foundation technical operations VP Bill Laboon and other speak
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07:25

South Korea Margin Financing Rebounds 4 Trillion Won in 2 Weeks; SK Hynix Short Positions Spike 36x

According to the Korea Financial Investment Association, as of August 19, South Korea's margin financing balance rebounded to 31.3 trillion won, surging 4 trillion won in just two weeks after falling to a low of 27 trillion won earlier this month. Concurrently, short positions in SK Hynix have surged 36-fold, signaling rising bets on both upside and downside movements as the stock market rallies.
07:25

Korean Won Closes at 1,392.6 Per Dollar on August 20, Down 5.1 Won Over Two Days

On August 20, the Korean won closed at 1,392.6 per dollar on the Seoul foreign exchange market, down 5.1 won from the previous trading day. The currency has held above the 1,300 won level for a second consecutive day, maintaining weakness against the U.S. dollar. The won broke through the 1,400 level for the first time in 10 and a half months on August 19, according to market data.
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07:21

BitGo Korea Becomes First Global Digital Asset Company's New Korean Entity to Secure VASP Registration

BitGo Korea, the Korean subsidiary of global digital asset infrastructure firm BitGo, received Virtual Asset Service Provider (VASP) registration approval from the Financial Intelligence Unit (FIU) under South Korea's Financial Services Commission on August 20. This marks the first time a global digital asset company's newly established Korean entity has secured VASP registration since the country's VASP reporting system was introduced. BitGo Korea established its operations, security, anti-mone
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