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
04:19

CEX DOT COM Withdraws $62M in Bitcoin

Gate News message, CEX com, formerly known as CEXt, withdrew 894.72 BTC (approximately $61.93 million) from a cryptocurrency exchange minutes ago. The platform also withdrew 3.38 BTC (approximately $234,000) three hours prior to the larger withdrawal.
BTC5.26%
04:16

South Korea's 3-Year Government Bond Yield Rises 3bp to 3.817% on August 21, While Longer-Dated Bonds Fall

According to bond market data, as of August 21 morning, South Korea's 3-year government bond yield rose 3 basis points to 3.817%, while the 10-year yield rose 0.1bp to 4.336% and the 30-year yield fell 3.1bp to 4.699%. The flattening curve pattern reflected global market dynamics, as the U.S. Treasury expanded its monthly buyback limit for bonds with maturities between 10 and 30 years to more than double the previous level, driving down longer-dated U.S. Treasury yields. Foreigners sold 4,431 co
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04:16

Hui Ka-yan Sentenced to Life Imprisonment; Evergrande Group, Real Estate Fined 158.2 Billion Yuan on August 20

According to Jin10, on August 20, China's Shenzhen Intermediate People's Court sentenced Hui Ka-yan to life imprisonment with lifelong deprivation of political rights and confiscation of all personal assets. Evergrande Group was fined 88.2 billion yuan and Evergrande Real Estate 70 billion yuan. The same court also convicted 56 related individuals in connection with illegal fund-raising and fraud, sentencing them to terms ranging from 18 years to one year and 10 months.
04:16

Australia's Unemployment Rate Hits 4.5% in July, Highest Since Late 2021

According to Australia's Bureau of Statistics on August 20, the country's July unemployment rate rose to 4.5%, exceeding both the previous month's 4.4% and market expectations of 4.4%, marking the highest level since November 2021. Total net employment declined by 15,800 people, falling short of both the prior month's increase of 80,300 and market expectations of 15,000 new jobs. Full-time employment rose by 16,300, while part-time employment fell by 32,200. The labor force participation rate ed
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04:15

Senate Republicans Warn AI Companies Over Data Center Impact on Ohio Senate Race

According to Axios, the National Republican Senatorial Committee (NRSC) issued an internal memo warning major AI companies that negative public perception of U.S. data centers is threatening the party's bid to retain a key Senate seat in Ohio. The memo, titled "Ohio Data Center Risk," indicates that Democrats have successfully weaponized data center concerns against Republican Senator Jon Husted, with polling showing his Democratic opponent, former Senator Sherrod Brown, leading by 8 percentage
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04:13

South Korea's FSS Launches AI-Powered Market Surveillance System for Virtual Assets on August 20

According to the Financial Supervisory Service (FSS) announcement on August 20, the agency has deployed a new AI-powered market surveillance system to strengthen oversight of virtual asset trading. The system integrates generative AI and machine learning algorithms to detect unfair trading activities in real time. The FSS developed and built the system entirely in-house, automating market monitoring procedures without external contractors.
04:09

South Korea's Koribor Rates Rise Across Major Tenors on August 20

According to Yonhapinfomax, South Korea's interbank offered rates (Koribor) rose across major tenors as of August 20 at 11:00 AM. The 2-month rate climbed to 2.95% (up 0.01%), 3-month to 3.05% (up 0.01%), 6-month to 3.33% (up 0.02%), and 12-month to 3.68% (up 0.01%). The 1-week rate stood at 2.75% and 1-month rate at 2.85%.
04:07

Moderna Stock Surges 177% to $176.66 After Cancer Trial Success; Merck Up 12%

Moderna Inc. stock jumped 177% to a 52-week high of $176.66 on Wednesday after the company announced that its mRNA cancer treatment, developed with Merck, met the primary goal in a Phase 3 melanoma trial. The Intismeran Autogene therapy combined with Merck's Keytruda significantly improved recurrence-free and distant metastasis-free survival in high-risk melanoma patients post-surgery. Merck shares surged 12% on the same catalyst, hitting an annual high of $153.50.
04:04

Walmart Reports Q2 Earnings Before Bell Thursday; EPS 74 Cents, Revenue $186.77B Expected

According to a survey of analysts by LSEG, Walmart is expected to report fiscal second-quarter earnings per share of 74 cents and revenue of $186.77 billion before the market bell on Thursday. Analysts are closely watching how tariff refunds shaped the quarter's results, as competitors including Target and Home Depot reported significant earnings boosts from such refunds in their recent reports.
04:02

Saudi Arabia and UAE Urge Japan to Expand Crude Oil Reserves 10-Fold on August 19

According to the New York Times on August 19, Saudi Arabia and the United Arab Emirates have urged Japan to increase its crude oil storage capacity by up to 10 times from the current approximately 8 million barrels per tank. Two sources also indicated that the two Gulf nations are pursuing similar discussions with South Korea regarding expanded crude oil reserve buildup. The push reflects efforts to mitigate risks from increasingly unstable maritime shipping routes, including Houthi attacks in t
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04:02

Tech Giants Raise $194B via Bond Sales This Year, Goldman Sees $250B More for 2026

According to Benzinga citing Reuters and Goldman Sachs data, Amazon, Alphabet, Meta Platforms, and Oracle have issued approximately $194 billion in bonds year-to-date through early July, representing a 79% increase compared to $108 billion for all of 2025. Goldman Sachs forecasts these four companies plus Microsoft will issue $250 billion in bonds this year and $400 billion in 2027. AI-related debt supply has reached $489 billion globally in 2026 to date, already surpassing the $322 billion esti
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04:01

Goldman Sachs: September Rate Hike Pricing Remains Hawkish as Fed Policy Expectations Shift

According to Goldman Sachs Chief Economist Jan Hatzius on August 20, the market's pricing for a September FOMC rate hike remains hawkish. The bank judged that a Fed rate increase on September 15-16 is unlikely unless August employment and inflation data show marked reversal. Supporting this view: U.S. July job growth hit only around 5,000 positions, below the level needed to maintain labor market equilibrium; retail sales weakened, suggesting second-half consumer spending growth may slow to 1%–1
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04:01

CZ Says Hyperliquid Approval Could Open U.S. Market for More Perpetual DEXs

According to Odaily, CZ remarked recently that if Hyperliquid receives approval to enter the U.S. market in a "fully compliant and legal manner," the significance would extend beyond Hyperliquid alone. CZ stated that in the future, numerous perpetual contracts DEXs and other decentralized services could potentially open to U.S. users, adding that this development would be a major positive for all industry participants.
HYPE3.96%
04:01

Ant International Launches FalconTST 2.0 AI Model with 93% FX Forecast Accuracy on August 20

According to Ant International, on August 20, the company launched FalconTST 2.0, a time-series transformer AI model designed to forecast foreign exchange risk and cash flow needs in cross-border payments. The model achieved a Mean Absolute Scaled Error score of 0.666 on a public evaluation benchmark and reported forecast accuracy of more than 93%. Barclays, Citi, Deutsche Bank, and Standard Chartered have integrated FalconTST 2.0 into their cash flow forecasting and foreign exchange liquidity m
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04:01

Michael Burry: Etched AI Chip Could Deliver 10x Performance at Lower Cost, Posing Strong Threat to Nvidia

According to Michael Burry, the "Big Short" investor recently posted on Substack that AI chip startup Etched is presenting strong competition to Nvidia. Citing a "semi-industry source," Burry stated that Etched chips may achieve 10 times the performance at lower per-chip costs. He also noted that Etched recruited Brian Loiler, who spent nearly 23 years as a systems engineer at Nvidia, and subsequently hired approximately 12 additional Nvidia engineers.
03:58

UniTree Launches 7-Axis Bionic Robotic Arm Starting at CNY 9,900

According to PANews, UniTree Technology launched a bionic 7-axis dexterous robotic arm on August 20, priced from CNY 9,900 with a weight of 5.5 kg. The arm features high-precision seven-axis bionic joints and is designed for dual-arm coordination to enable material sorting and assembly tasks. The company positions the product for research and education applications, with potential exploration into service robotics use cases.
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03:57

South Korea ETF Trading Volumes Drop 47.6% This Month Amid Leveraged Product Curbs

According to Korea Exchange, daily average trading volumes for South Korea's listed ETFs fell to 17.4 trillion won this month, down 47.6% from July, amid tightened regulations on single-stock leveraged products. Financial authorities strengthened oversight by raising the basic margin requirement for such products to 30 million won late last month.