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.
2026-08-20
18:31

Nvidia Plans to Ship AI Inference Chip to China by Year-End Using Groq Technology

According to The Information, Nvidia plans to ship an AI inference chip to Chinese customers by the end of 2026, leveraging technology licensed from Groq. The customized Language Processing Unit (LPU) variant will work alongside Nvidia's GPUs to accelerate AI chatbot response times, and multiple Chinese clients have already placed orders, according to two Nvidia employees cited by the publication. The chip complies with current U.S. export control regulations, enabling Nvidia to supply the Chine
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18:29

Iran Condemns New U.S. Sanctions, Vows to Defend National Interests on August 20

According to Jin10, Iran's Foreign Ministry on August 20 condemned new U.S. economic and trade sanctions, stating the country will use "all tools and capabilities" to protect national interests and the legitimate rights of Iranians. The ministry statement characterized the sanctions as violations of Iran's citizens' fundamental human rights and breaches of international law principles.
18:28

Peru Hit by 6.7-Magnitude Earthquake in Central-Southern Region

A 6.7-magnitude earthquake struck Peru's central-southern region on August 20 at 18:00 UTC (2:00 UTC August 21), according to the U.S. Geological Survey. The epicenter was located at latitude 14.63°S, longitude 73.62°W, with a depth of 66.7 kilometers.
18:23

US Treasury Secretary Announces Iran Sanctions Package for August 24

According to a CNBC interview on August 20, US Treasury Secretary Scott Bessent announced plans to unveil sanctions against Iran on August 24. Bessent stated the measures would involve coordinated economic pressure with allied nations and described the effort as "the greatest coordinated economic isolation" in history. He indicated that maximum economic pressure on Iran could reduce the likelihood of large-scale military escalation, and signaled that countries engaged in trade with Iran, includi
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18:23

Russia Urges Japan to Fully Recognize WWII Results on 81st Anniversary of Surrender

According to Jin10, Russian Foreign Ministry spokeswoman Maria Zakharova called on Japan to fully recognize the results of World War II and cease glorifying its aggressive history, on August 20, marking the 81st anniversary of Japan's unconditional surrender. Zakharova stated that Japan has failed to publicly acknowledge its military aggression in the Asia-Pacific region, has not offered sincere apologies to affected neighboring peoples, and continues to pursue "remilitarization" policies despit
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18:22

Revolut Targets Finnish Banking Licence for 250,000 Customers, Says CEO

According to CEO Kuba Fast, Revolut has applied to establish a banking branch in Finland to serve its approximately 250,000 Finnish customers. The branch would provide local account details and banking functions tailored to Finland's domestic payment system, enabling customers to receive salaries and manage local bills through the platform. The application marks part of Revolut's broader European expansion, following its recent approval for a full banking licence in France.
18:22

Coinbase Integrates 290 Perpetual Futures Markets via HyperLiquid on Base App with Up to 50x Leverage

According to Decreypt, Coinbase integrated HyperLiquid's perpetual futures trading into its Base app, allowing eligible users to access over 290 perpetual futures markets with leverage reaching up to 50x depending on the asset. The integration enables leveraged perpetual trading directly within the Base app using HyperLiquid's on-chain infrastructure for order execution and liquidity. However, the service will be unavailable in the US, UK, Canada, and certain other regions where leveraged crypto
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18:21

Qatar and Egypt Coordinate to Push U.S.-Iran Ceasefire on August 21, Stress Strait Navigation Freedom

According to Jin10 News, on August 21, Qatar's Prime Minister and Foreign Minister al-Thani stated that Qatar will continue coordinating with Egypt to "promote a final and sustainable agreement on Iran issues to end the war and military escalation." Qatar's Foreign Ministry said both countries' diplomats agreed the region has faced difficult circumstances since the U.S.-Iran conflict began, with severe negative impacts across the region. Qatar's top diplomat emphasized the necessity of ensuring
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18:19

Arcturus Rallies 3% on Thursday as Moderna Falls 20% Amid mRNA Sector Pullback

On Thursday, Arcturus Therapeutics (ARCT) rose approximately 3%, outperforming a broader mRNA sector selloff as Moderna fell more than 20% and BioNTech dropped 2%. The rally was driven by profit-taking reversals and Arcturus's recent developments, including regaining full global rights to its approved COVID vaccine KOSTAIVE and broader infectious-disease programs after ending a collaboration. The company received $12 million in cash and relief from approximately $16 million in liabilities. ARCT
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18:17

Six Nations Announce Joint Statement Against Israel's E1 Settlement Project on August 20

According to Jinshi Data, on August 20, leaders from France, Germany, Italy, Norway, the Netherlands, and the United Kingdom issued a joint statement calling Israel's decision to proceed with settlement construction tenders in the E1 area of the West Bank "unacceptable." The statement warned that the E1 project would further fragment the West Bank and undermine Palestinian territorial continuity. The six nations emphasized that Israeli settlements in the West Bank violate international law and u
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18:02

Ondo Finance's Tokenization Platform Reaches $1B TVL in 8 Months, Mirroring ETF Growth Path

According to John Hoffman, Ondo Finance's managing director and head of product portfolios, speaking at Wyoming Blockchain Symposium 2026, tokenized assets are following the same adoption trajectory as exchange-traded funds. Hoffman, who spent 18 years in traditional finance leading Invesco's ETF business, noted that early skepticism around tokenization mirrors past doubts about ETF technology. Ondo's tokenized Treasury product OUSG holds approximately $2 billion in total value locked, while its
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