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
02:31

NVIDIA Collaborates with Major EDA Vendors on AI-Driven Chip Design Using Vera MPU

According to Nikkei CrossTech, NVIDIA has recently been promoting AI-driven semiconductor design solutions through deep collaboration with leading EDA (Electronic Design Automation) vendors. The partnership has delivered multiple efficiency improvements, with AI Agent applications being particularly notable. NVIDIA has also showcased how its latest Vera MPU processor—rather than relying solely on GPUs—powers EDA workflows to enhance design efficiency, further expanding its presence in the semico
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02:31

U.S. Treasury Doubles Size of Long-Dated Bond Buyback Operations to $4B Starting Sept. 9

According to Morgan Stanley research published on August 20, the U.S. Treasury is doubling the size of liquidity-support buyback operations for 10-20 year and 20-30 year maturity bonds from $2 billion to at least $4 billion per operation, effective September 9. This marks the first adjustment to buyback sizes outside a quarterly refunding window since the program launched in May 2024.
02:31

Two Binance Employees Briefly Detained in UAE, Local Police Probe Platform for Alleged Financial Crime

According to the New York Times, two Binance employees were briefly detained in the United Arab Emirates recently. One mid-level employee was held overnight at a police station in Sharjah earlier this month after being intercepted at the airport, while a Binance Dubai executive was questioned by authorities in July, both later released. The detentions stem from local police investigations into the platform's alleged involvement in financial crimes, sources familiar with the matter said. The UAE
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02:31

Moderna Surges 177% on August 20, Sets S&P 500 Single-Day Record

Moderna shares surged 176.97% on August 20, closing at $174.38 and marking the largest single-day gain for an S&P 500 component stock this century. The rally was driven by positive late-stage trial results for a personalized mRNA cancer vaccine co-developed with Merck. Moderna's market capitalization increased by approximately $44 billion to $69.6 billion, with year-to-date gains now reaching 491%, making it the second-best performing S&P 500 stock this year. According to Seeking Alpha analyst E
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02:31

China Announces Three Optimization Measures for Fiscal-Financial Coordination Policy on August 21

According to Deputy Minister of Finance Liao Kun speaking at a State Council press briefing on August 21, China has optimized fiscal-financial coordination measures to boost domestic demand. The three main initiatives are: expanding the scope of interest subsidy programs, increasing the number of operating institutions, and raising lending amount limits. The Ministry of Finance is continuing to develop additional policies expected to be introduced in the second half of the year.
02:31

Chainlink CEO Highlights U.S. Must Accelerate Blockchain Adoption to Retain 60% Global Market Share

According to Odaily, Chainlink CEO Sergey Nazarov stated at the CFTC Innovation Advisory Board's inaugural meeting that coordinated efforts between U.S. financial regulators are critical to maintaining American competitiveness. He noted that improved regulatory clarity has begun restoring market confidence, contrasting with previous fragmented oversight that prompted hundreds of developers to leave the country over the past seven years. Nazarov emphasized that as equity tokenization accelerates
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LINK-2.81%
02:30

Whale Account Purchases $2M Polymarket Position on BoomBoys to Beat Iron Wing at 59.4¢

According to PPP, a blockchain account (0x6d20c35f65d9899b6d6b74f8466e824580f9a165) purchased nearly $2 million in Polymarket prediction shares backing BoomBoys to defeat Iron Wing at an average entry price of 59.4¢ this morning (Aug 21). The loser's bracket first-round matchup between Iron Wing and BoomBoys is scheduled for today as part of The International 2026's main event, with the competition held at Shanghai Oriental Sports Center. The match follows a best-of-three format, with eliminatio
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02:30

South Korea Launches Future Response Fund to Direct Surplus Tax Revenue to Youth, Tech, and Education

According to South Korea's Ministry of Strategy and Finance, the government unveiled the Future Response Fund on August 21 to allocate surplus tax revenue—generated by semiconductor sector strength—to four priority areas: youth employment and housing, cutting-edge industries including AI and quantum technologies, local development, and education and talent cultivation. The fund will accumulate additional and excess tax revenue above long-term trend forecasts rather than spend it immediately, ser
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02:30

Nikkei 225 Falls 0.71% on August 21 Amid U.S. Treasury Yield Rise

According to Yonhap Infomax, Japan's Nikkei 225 index fell 468.34 points, or 0.71%, to 65,748.45 on August 21, while the TOPIX index dropped 10.87 points, or 0.27%, to 4,048.86. The decline followed overnight weakness in U.S. Treasury yields and a selloff in the Nasdaq, triggered by broader concerns over Middle East geopolitical tensions and uncertainty surrounding upcoming Iran sanctions announced by the Trump administration.
02:30

Foreign Investors Net Sell 1.538 Trillion Won of South Korean Government Bonds in August

According to Yonhapinfomax, foreign investors net sold off South Korean government bonds worth 1.538 trillion Korean won since the beginning of August, marking an unusual shift after months of net purchases in May and June. The selling was concentrated in short-term and medium-term bonds maturing by year-end or early 2027, with the 25-1 bond due March 2027 seeing the largest outflow at 495.6 billion won. Notably, foreign investors continued net buying long-term bonds, purchasing the 30-year benc
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02:29

Nvidia to Pay $6 Billion for Poolside Model Factory License, Makes Offers to 109 Employees

According to Beating AI, Nvidia will pay $6 billion to AI startup Poolside for a non-exclusive license to its Model Factory, a foundational infrastructure system for developing AI models covering data processing, training, reinforcement learning, and evaluation. Nvidia is simultaneously making offers to 109 employees who participated in Laguna model development. Poolside's founding team will remain and the company will continue operating independently, while Nvidia gains access to the complete m
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02:27

Fed's July FOMC Minutes Signal Hawkish Stance; Higher Rates May Persist Longer, Says Bitget Analyst

According to Bitget CFD's chief analyst Lewis Huang, the Federal Reserve's July FOMC meeting minutes released yesterday (August 20) conveyed an overall hawkish tone. Despite holding interest rates unchanged, multiple Fed officials emphasized that further tightening or even another rate hike remain viable options if inflation fails to sustainably decline to the 2% target. Huang noted that markets should reassess the impact of prolonged high rates on the U.S. dollar, Treasury yields, gold, and equ
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02:27

Hyperliquid Reports H1 2026 Fees of $419.3M, Up 31%, as HYPE Valuation Nears Traditional Exchange Peers

According to BlockBeats, Hyperliquid released its H1 2026 performance report on August 21. Total fees reached $419.3 million, up 31% year-over-year, while daily active users grew approximately 90%. Trading volume for the half-year reached $12.9 trillion, with June alone generating $266.5 billion in volume. In derivatives markets, Hyperliquid's open interest stands at approximately $9.1 billion, representing 10.3% of the global crypto perpetual futures market and 54.5% of the on-chain segment. On
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HYPE1.07%
02:27

Trump Initiates North Korea Summit Plans, South Korea-North Korea Cooperation Stocks Surge

According to aiNews24, on August 21, U.S. President Donald Trump announced plans to pursue a summit with North Korean leader Kim Jong Un this year, sparking a surge in South Korea-North Korea cooperation-related stocks. Most of the rising equities are companies that previously operated in the Kaesong Industrial Complex. However, analysts cautioned that actual business opportunities remain limited, raising concerns of potential sharp declines in the near term.
02:22

Marvell and Google Expand Partnership, Unlock Potential $120 Billion AI Revenue Opportunity

According to JPMorgan Chase, cited by Benzinga, Marvell Technology and Google announced on Thursday an expansion of their long-term partnership to jointly develop customized chips supporting Google's Tensor Processing Unit (TPU) ecosystem. The products include AI inference offload engines, storage controllers, network chips, and memory interface controllers. Under the agreement, Google received warrants to purchase approximately 59 million Marvell shares, with about 57.6 million shares vesting b
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02:21

Kakao Stock Falls 12.27% on August 21 After Trading Halt

According to Korea Exchange, Kakao's stock fell 12.27% to 33,950 won on August 21 amid selling pressure triggered by the company's governance restructuring announcement. The exchange halted trading in Kakao shares for 30 minutes during the morning session.