Gate Crypto Flash News and Market Updates

According to Guru Club, on August 12, Piper Sandler raised Riot Platforms' price target from $23 to $25, while maintaining its 'Overweight' rating on the mining company.

According to Twitch's August 12 announcement, the platform automatically enrolled all creators into Amazon's generative AI training program, with the opt-out setting placed deep in privacy settings. Twitch says the material will be used to improve speech-to-text captions and other generative systems across Amazon. Chief Product Officer Mike Minton defended the default design during a livestream, stating: "If it was opt-in, nobody would opt in." The move has faced backlash from creators who fear

According to announcement published today, Dragon Flag Technology (09611) signed equity transfer agreements to acquire an 80% stake in Suzhou Anreike Information Technology Co., Ltd. for a total consideration of RMB 1.12 billion. The deal involves multiple sellers including founders and institutional investors. Anreike is a data center infrastructure product and solution provider specializing in server cabinets, PDUs, busbars, and low-voltage distribution equipment. Following the transaction, it

On August 13, 2026, Gelang Technology Products Limited, an indirect wholly-owned subsidiary of Datong Machinery (00118), agreed to sell all equity stakes in Hefei Datong Gelan Plastics Co., Ltd. to Hefei Gelan New Materials Co., Ltd. for 48 million CNY, according to a stock transfer agreement. The divestment comes as weak domestic appliance market demand, coupled with price competition and rising plastic material costs in the first half of 2026, have compressed profitability. The target company'

On August 13, WLFI appointed Ryan Ballantyne as Chief Commercial Officer to lead global business strategy and partnerships. Ballantyne previously led Coinbase's enterprise customer strategy division, focusing on helping public companies and institutions adopt digital asset treasury, trading, and custody solutions.

According to Bubblemaps on August 13, meme token XST with a market cap of approximately $70 million is being heavily promoted on TikTok with suspicious signs of bundled holdings. Trader Bando noted that roughly 74% of XST's token supply is concentrated at linked addresses. The promotion uses AI-generated videos featuring former U.S. President Trump and includes fabricated profit-and-loss screenshots. The token was also approved on the FOMO platform and falsely associated with Barron Trump, son o

According to Foresight News, Perpetuals.com Ltd (Nasdaq: PDC) announced today that its Cyprus-based subsidiary has received approval from the Cyprus Securities and Exchange Commission (CySEC) to provide crypto asset services under the European Union's Markets in Crypto-Assets Regulation (MiCA).

According to Foresight News, World Liberty Financial (WLFI) appointed Ryan Ballantyne as Chief Business Officer. Ballantyne brings over 30 years of experience in capital markets, derivatives, asset management, and digital assets. He previously served as Head of Corporate Client Strategy at Coinbase Institutional, helping public companies and institutions adopt digital asset fund management, trading, and custody solutions. He also held senior positions at Osprey Funds and Blackforce Capital.

According to Guru Club, market pricing shows the probability of the Federal Reserve holding rates in the 3.50%-3.75% range in September has risen to 65%, up from around 60% before the recent PPI report release.

According to statements by Tiantian Liquor Industry Limited (00389) and Wang He, on August 6, 2026, Wang He proposed to acquire 56.32 million shares (18.68% of the company's issued capital) at HK$0.20 per share through a partial takeover offer. Wang He and his concert party currently hold 33.84 million shares, representing 11.22% of the issued capital.

According to Galaxy Research, Coinkike Inc. notified Coldcard hardware wallet users last weekend of a critical security vulnerability in the device's key generation mechanism. As of the following Monday on Aug 3, attackers had transferred over 1,755 BTC from approximately 5,000 compromised wallets, valued at roughly $110 million at the time. Block Inc.'s engineering team identified the flaw: the Coldcard software generated predictable seed phrases, exposing users' private keys despite cold stora

According to the Russian Central Bank, the country's gold and forex reserves reached $740 billion as of the week ending August 7, 2026, up from $720.3 billion the previous week, representing a weekly increase of approximately 2.7%.

According to Jin10, Federal Reserve official Hamrick said on August 13 that interest rate hikes may bring near-term pain, but are necessary to prevent the economy from growing and investing too quickly, which would lead to overheating. He added that inflation is broad-based across industries and requires monitoring multiple data points.

According to multiple Anthropic investors, the AI startup is expected to go public in October at a valuation of $2 trillion or higher, which would make it the largest IPO on record and exceed SpaceX's current valuation. Separately, chipmaker Cerebras plummeted 16% in premarket trading after reporting second-quarter revenue of $180.1 million, missing expectations, though the company raised its full-year revenue guidance to as much as $890 million.

Robinhood Ventures Fund II raised $200 million through its initial public offering, according to market sources.

On Wednesday (August 12), SpaceX (SPCX) stock surged 12% to $149.29, adding $500 billion in market value—a 36% gain over five trading sessions. The rally followed SpaceXAI's release of Grok 4.6, marking a significant product update. However, SpaceXAI's AI division lost $1.26 billion last quarter while generating $2.56 billion in revenue, up 247% year-over-year. Chief Executive Elon Musk announced that Grok 4.7 will ship within three to four weeks, with initial training complete and SpaceX compan

According to US Treasury data, interest payments on public debt have reached $1.17 trillion since October, surpassing defense spending of $804 billion. This marks a significant acceleration of a trend that first emerged in fiscal 2024, when net interest exceeded defense by $123 billion annually; the gap has widened to $127 billion in just 10 months of the current fiscal year. Total US government debt reached $39.89 trillion on August 10, leaving approximately $108 billion before crossing the $40

According to CCTV, Iran's Foreign Minister Araghchi said today (August 13) that the U.S. has made 'greater misjudgments' regarding the Strait of Hormuz. He stated that the U.S. has a long history of intelligence failures leading to policy errors, citing military actions against Iran as a prime example. Araghchi warned the U.S. to 'be careful about false intelligence.'

According to U.S. data released on August 13, the July Producer Price Index rose 4.2% year-over-year, a significant decline from 5.5% in June, beating market expectations and signaling cooling inflation pressures. Federal Reserve officials remain divided on policy direction; Cleveland Fed President Beth Hammack indicated action may be needed, while Richmond Fed President Thomas Barkin noted there are reasons both to support and oppose rate increases.

According to BlockBeats, Richmond Federal Reserve President Thomas Barkin said today that many Federal Reserve officials believe current interest rates are sufficiently restrictive to control inflation. Barkin did not explicitly state his personal position on rate increases. However, he also noted that there is reason to believe price pressures may be deeply entrenched, potentially requiring either a weakening in demand or further rate hikes to achieve the Fed's objectives.