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.
2026-08-21
02:17

Russia Conducts Missile Tests Near Disputed South Kuril Islands on August 20

According to Russia's Pacific Fleet, on August 20, the Pacific Fleet's combined strike force conducted missile tests near the South Kuril Islands (known as the Northern Territories to Japan), with all targets struck successfully. The tests involved the missile cruiser Varyag firing Moskit anti-ship missiles, the nuclear-powered submarine Omsk firing Granite cruise missiles, and the Bastion coastal defense system firing Onyx anti-ship missiles, targeting positions over 300 kilometers away. On Aug
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02:16

DeFi TVL Surges 9.15% to $83.2B; Spot DEX Volume Breaks $10.8B First Time Since June on Aug 20

According to Defillama data, DeFi's total value locked (TVL) surged 9.15% to $83.216 billion on August 20, with spot DEX trading volume reaching $10.886 billion for the first time since June 5. Decentralized perpetuals platforms recorded $36.72 billion in daily volume, with Hyperliquid accounting for $15.205 billion, or approximately 45% of the total. Hyperliquid's HYPE token price rose to the $70 range.
HYPE-0.70%
02:16

South Korea's Exports Hit $55.2B in August 1-20 Period, Up 61.5% Day Average as Semiconductor Surge Leads

According to Korea Customs Service, South Korea's exports reached 55.2 billion dollars in the first 20 days of August 2026, up 56% year-over-year and marking an all-time high for the August 1-20 period. On a daily average basis adjusted for 14.5 working days, exports rose 61.5% compared to the prior year. Semiconductor exports surged 198.8%, now accounting for 47.2% of total exports. The country recorded a trade surplus of 14 billion dollars for the period, with exports to China up 118.6%, the U
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02:16

Federal Reserve's Offshore Reverse Repo Hits $373.4B, Highest in 8 Months

According to the Federal Reserve, as of August 19, the offshore reverse repo balance reached approximately $373.4 billion, marking the highest level since early October 2025. The balance surged by roughly $55.7 billion over two consecutive weeks, the largest two-week increase since October 2022. Market participants have been monitoring this metric closely as it may reflect foreign central banks' currency intervention activities. Concurrently, the U.S. Treasury securities held on custody by forei
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02:16

USD-KRW Spot Trades at Par Level on August 21, NDF Fixing Square

According to multiple brokers, the USD-KRW spot rate in Seoul's forex market traded at par level (0) on August 21, while NDF fixing positions held a square stance, indicating neutral positioning ahead of regional market participants' daily operations.
02:08

Lighter CEO Calls for DeFi-Regulator Cooperation, Highlights AI's Role in Financial Democratization

According to PANews, on August 21, Lighter CEO Vladimir Novakovski stated at the CFTC Innovation Advisory Committee's inaugural meeting that DeFi should not be viewed as opposed to regulators. On-chain verifiable transaction records support regulatory efforts in transparency, consumer protection, and market fairness, he said. Novakovski also highlighted that AI presents an opportunity to democratize finance, enabling users to build trading strategies based on personal judgment, a capability prev
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LIT2.76%
02:05

DeFi TVL Surges 9.15% to $83.2B, DEX Trading Volume Breaks $100B for First Time Since June 5

According to Defillama, DeFi TVL surged 9.15% to $83.2 billion on August 21, while spot DEX trading volume reached $108.86 billion—the first time exceeding $100 billion since June 5. Hyperliquid led perpetual DEX platforms with $152.05 billion in single-day volume, accounting for approximately 45% of total perpetual DEX trading, with its HYPE token rallying to the $70 range.
HYPE-0.70%
02:05

Hyperliquid Whales Hold $6.028B in Open Positions, Long-Short Ratio at 0.94

According to Coinglass data, Hyperliquid whales currently hold $6.028 billion in open positions today, with long positions at $2.928 billion (48.57%) and short positions at $3.1 billion (51.43%). Among them, whale address 0x082e..88 holds a 5x leveraged long position in HYPE at an entry price of $38.6755, with an unrealized loss of $49.6 million.
02:04

EPA Reports July Ethanol RIN Credits Rise to 1.29 Billion as Biodiesel Falls

According to the EPA announcement on Thursday (Aug 21), ethanol (D6) RIN credits generated in July totaled 1.29 billion, up from 1.28 billion in June, while biodiesel (D4) RIN credits fell to 796 million from 841 million. These Renewable Identification Numbers (RINs) are used by refiners to comply with fuel blending mandates that require renewable fuels such as ethanol and biodiesel to be mixed into the fuel supply.
02:04

China Delivers 115,000-Ton Product Tanker With Domesticated Core Components on August 21

According to China State Shipbuilding Corporation, China's domestically developed 115,000-ton product tanker was officially delivered to users today (August 21). The vessel measures 249.8 meters in length and 44 meters in beam, with a full cargo capacity of 115,000 tons—equivalent to approximately 830,000 barrels of petroleum products. Core engine components have been localized, and the tanker's cargo capacity, speed, and fuel consumption metrics meet international advanced standards.
02:04

Shinhan Asset Management Signs MOU with Solana Foundation to Validate KRW-Denominated Tokenized Fund on August 21

On August 21, Shinhan Asset Management signed a memorandum of understanding with Solana Foundation, token issuance platform Etherfuse, and on-chain liquidity infrastructure Orca to validate the issuance and distribution of KRW-denominated tokenized funds. According to the company, the project will conduct a proof-of-concept (PoC) spanning the full process from fund creation through circulation, mirroring the structure of BlackRock's tokenized fund BUIDL adapted for Korean won assets. The initiat
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SOL-1.08%
ORCA-3.63%
02:04

Bitcoin Spot ETFs See $1 Billion Weekly Inflows, Largest in 7 Months

According to SoSoValue, U.S. Bitcoin spot ETFs recorded net inflows of $1 billion for the week ended August 19, marking the largest weekly inflow since January 16, when inflows reached $1.42 billion. The previous week saw net outflows of $389.71 million, reversing to inflows within a week. Data through August 19 does not yet reflect the final two trading days of the week, meaning the total could increase further.
BTC-1.39%
02:01

Chainlink Co-founder Meets Trump, Discusses CLARITY Act Passage Strategy

According to TheBlock, Chainlink co-founder Sergey Nazarov met with President Trump on August 20 in a private Oval Office meeting to discuss outstanding issues and legislative strategy for passing the CLARITY Act, a comprehensive digital asset framework. During the meeting, Nazarov stated the discussion focused on remaining contentious points, which senators need to approve the bill, and plans for advancing it after Congress reconvenes. Trump expressed optimism about the bill's passage prospects
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LINK-5.22%
02:01

China's ChiNext Index Rises 1%, CPO Concept Gains Most

According to Jin10, China's three major stock indices closed mixed on August 21, with the ChiNext Index up 1%, the Shenzhen Component Index up 0.4%, and the Shanghai Index near breakeven. Gold, shale gas, MLCC, and CPO concepts led the market gains.