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
19:02

Evernorth Revises XRP Valuation to $2.36-Plus Mechanism; Nasdaq Debut Expected Late Q3 2026

Evernorth Holdings has revised its planned Nasdaq debut structure, changing how XRP is valued for investor share allocations. According to the company, investors representing over 95% of committed capital approved the amended terms, effective expected late Q3 or early Q4 2026. The original agreement priced XRP at $2.36 when calculating share allocations. The new mechanism uses XRP's volume-weighted average price at the transaction's closing date. If XRP trades below $2.36 at close, each $10 shar
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XRP-0.03%
19:00

UBS Holds 2.5M IBIT Shares Worth $90M as of June 30, Up 230% Since End of 2025

According to Bitcoin.com News, UBS Group AG disclosed in a 13F filing to the U.S. Securities and Exchange Commission that it held approximately 2.5 million shares of BlackRock's iShares Bitcoin Trust (IBIT) as of June 30, valued at roughly $90 million. The position increased approximately 230% from $27 million at the end of 2025, when UBS held about 549,000 IBIT shares.
BTC-0.29%
18:59

Russia to Seize Western Vessels in Retaliation, Says Foreign Minister Lavrov on August 13

According to Russian Foreign Minister Sergey Lavrov on August 13, Russia will independently decide which Western vessels to seize as a reciprocal response to Western countries' confiscation of Russian ships. Lavrov stated that the West has adopted "banditry and piracy" as official policy, and Russia will autonomously select target vessels serving Western interests for detention, with Moscow determining how to handle them.
18:57

Bitcoin Dips to $62,912 on Aug. 14, $122M in Long Positions Liquidated

Bitcoin dipped to $62,912 yesterday as elevated volatility triggered a liquidation cascade across crypto markets. According to Bitcoin.com News, long positions accounted for $122 million of the $227 million in total liquidations, while short bets made up roughly $105 million. The digital asset traded down 0.5% at the time, with its market capitalization briefly falling to $1.26 trillion before paring losses.
BTC-0.29%
18:56

Baltimore Files Lawsuits Against Kalshi, Polymarket Over Illegal Sports Betting on Thursday

According to official filings, Baltimore filed consumer protection lawsuits against prediction market operators Kalshi and Polymarket on Thursday (August 13), alleging they offer sports-betting contracts in violation of city law. The Kalshi complaint also names Coinbase, Robinhood, and Webull as defendants, claiming they directly distribute Kalshi contracts through their apps. Mayor Brandon Scott and the City Council contend both platforms operate unlicensed sportsbooks offering point spreads an
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18:52

Workday Shares Surge 25% on Silver Lake Takeover Reports, Trading Halted

According to CNBC, Workday shares surged more than 25% in late afternoon trading on August 13 on reports that private equity firm Silver Lake is in talks to acquire the human resources software maker. Trading in the stock was repeatedly halted. Neither Workday nor Silver Lake immediately responded to CNBC's request for comment.
18:50

Hyperliquid User Loses $550,000 in USDC to Google Search Ad Phishing Scam

According to Darcy, co-founder of security firm FlashRescue, a Hyperliquid user lost approximately $550,000 in USDC after clicking a malicious Google search ad that directed them to a fake Hyperliquid website. Blockchain analysis showed three transfers from the victim's wallet to addresses controlled by the attacker. The incident highlights an ongoing vulnerability in Google's ad platform, where scammers use paid listings to impersonate popular crypto protocols and steal user credentials or appr
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HYPE2.27%
18:36

Shanghai Gold Futures Fall 1.24% Overnight to 948 Yuan/Gram

According to Jin10, Shanghai Gold futures fell 1.24% to 948 yuan per gram at the overnight close on Aug 14, while Shanghai Silver futures declined 1.48% to 15,805 yuan per kilogram. SC crude oil futures gained 0.79%, closing at 559 yuan per barrel.
18:36

Trump Authorizes Private Firms for Offensive Cyber Operations Against Foreign Criminal Networks, Aug. 12

President Donald Trump signed a National Security Presidential Memorandum on Aug. 12 directing the federal government to authorize vetted U.S. companies to conduct offensive cyber operations against foreign criminal networks, according to the White House. Participating companies must post a bond of at least $1 million, undergo vetting, and operate under the direction and oversight of the Department of Justice and Department of Homeland Security. The program, housed within the National Coordinati
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18:33

U.S. Senate Introduces AI AGENT Act on July 21, Requires Real-Time Records for Autonomous Agents

According to University of the Cumberlands associate professor Aashis Luitel, on July 21, 2026, U.S. Senator Mark Warner introduced the AI AGENT Act (S. 5051) to address liability disputes when autonomous AI agents execute transactions on users' behalf. The bill defines a "custodial user agent" as one authorized to act transparently, with documented and revocable limits, and requires such agents to maintain real-time records of actions taken for users. The legislation directs the National Instit
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18:32

Goldman Sachs to Acquire NEOS Investments for $2.25 Billion, Adding Bitcoin and Ethereum ETFs

Goldman Sachs has agreed to acquire NEOS Investments for up to $2.25 billion, bringing $30 billion in assets across 19 exchange-traded funds into Goldman Sachs Asset Management. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. The acquisition includes the Bitcoin High Income ETF (BTCI), which held approximately $1.1 billion in net assets as of late July and combines Bitcoin exposure through exchange-traded products with options strategies for mon
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BTC-0.29%
ETH-0.01%
18:32

CFTC and SEC to Hold Meetings on Crypto Regulation on Aug. 20-16, Absent CLARITY Act

According to a notice issued Thursday, the U.S. Commodity Futures Trading Commission (CFTC) will hold a meeting for its Innovation Advisory Committee on Aug. 20 to discuss cryptocurrency regulation, as well as AI and prediction markets. The agenda will include "areas where regulatory action can complement future congressional legislation," likely referring to the Digital Asset Market Clarity (CLARITY) Act, which failed to advance in the Senate before its August recess. The CFTC announcement foll
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18:31

OpenAI Names Dali Rajic as Chief Revenue Officer After Denise Dresser Departs

According to Guru Club, OpenAI announced on Thursday (August 13) that Chief Revenue Officer Denise Dresser will depart the company after less than a year in the role to pursue other opportunities. She will be replaced by Dali Rajic, president and chief operating officer of Alphabet's cybersecurity subsidiary Wiz. This marks the second major executive departure within days, as Brad Lightcap, who held the role for eight years, announced his resignation earlier this week to launch a startup. The mo
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