Gate Crypto Flash News and Market Updates

According to Lookonchain monitoring, a whale or institution sold 871,000 HYPE tokens worth approximately $64.82 million through OTC trading platform FalconX in the past 6 hours, per ChainCatcher.

According to Korea Exchange, KOSPI reversed early losses to rise 0.4% as of 1:21 PM on August 21, with semiconductor giants like Samsung Electronics and SK Hynix along with financial stocks driving the index higher. KOSDAQ, meanwhile, plunged over 4% amid concurrent selling pressure from foreign and institutional investors. The weakness in the tech-focused index contrasts sharply with KOSPI's strength on the day.

According to Bloomberg, Anthropic, the AI company behind Claude, plans to file its IPO registration statement publicly by late August, aiming for a record-breaking raise that could exceed SpaceX's June IPO, which previously set the largest offering record.

According to BlockBeats, Justin Sun's legal team attended a hearing in U.S. Federal Court in California on August 21, where the court rejected World Liberty Financial's request to move their dispute into secret arbitration and seal documents from public view. The court ruled that all of Sun's claims will proceed in open court and denied WLFI's motion to force all company-related claims to arbitration, instead requiring both parties to negotiate which claims remain in court versus arbitration. Su

According to Goldman Sachs, over the past 48 hours AI and momentum trades experienced sharp swings, with the GSPUMOMO momentum basket down nearly 7%. However, Goldman Sachs Prime data shows positioning remained subdued: momentum exposure was near neutral, with leverage levels not rising significantly. Investors retain meaningful AI and semiconductor exposure but remain well below prior peak positioning, limiting tail risk from forced selling in volatile markets.

According to Nikkei Asia, on August 21, Japan's Finance Ministry and Financial Services Agency are reviewing tax incentives for individual investors purchasing Japanese government bonds (JGB), with plans to include the measures in the fiscal 2027 tax reform proposal. The initiative aims to support the Bank of Japan's (BOJ) reduction of JGB purchases by absorbing stable demand from households and cash-rich elderly investors. The BOJ plans to reduce monthly JGB purchases by approximately 200 billi

According to Digital Asset, the 4-member cybersecurity team Lv1x from Asia Pacific University (APU) in Malaysia has advanced to the finals of SCAN 2026, a global digital asset tracking competition, set for September 28 in Seoul. The team qualified among the top 20 from 416 preliminary-round teams. The squad, led by Tong Yi Xin with members Hong Rui Yi, Ku Min Tzi, and Tan Jie Sheng, all specializing in cybersecurity at APU, successfully solved complex challenges including cross-chain fund tracin

According to KBS documentary Insight aired on August 20, South Korean broadcaster and investor Jeon Won-ju disclosed he continues to hold SK Hynix shares acquired at significantly lower prices and intends to wait for further gains. SK Hynix traded around 1.7 million Korean won per share on August 21, following the company's announcement of a 40 trillion Korean won share buyback plan. In past interviews, Jeon stated he purchased the shares when prices were substantially lower and emphasized to yo

Nevada Transportation Authority unanimously approved Thursday Tesla to operate up to 5,000 paid robotaxis in Clark County, replacing its previous 10-vehicle limit. Tesla must complete inspections, insurance filings and fare disclosures before launching, with the administrative steps potentially finished within about 30 days. Tesla called 5,000 a "ceiling" and said reaching around 2,500 vehicles within a year would represent a strong result.

According to Coinglass data, the Crypto Fear and Greed Index stands at 71 today, up 10 points from yesterday, indicating a greed state in the market. The 7-day average for the index is 45, while the 30-day average is 32.

According to BlockBeats, on August 21, Coinbase's bitcoin premium index remained in negative territory at -0.0221%, marking the 95th consecutive day below zero since May 19. This extends the metric's longest negative premium streak since its inception, surpassing the previous record of 40 consecutive days from January 16 to February 24 of this year.

On August 21, SK Hynix announced a 40 trillion won (approximately $30 billion) share buyback plan. The stock is currently trading around 1.7 million won per share. The move has renewed attention on celebrity investor Cheon Won-joo, who purchased SK Hynix shares in the past and continues to hold the position.

According to Barron's, John Ternus will become Apple's chief executive on September 1, potentially adjusting the iPhone maker's spending strategy to strengthen its artificial intelligence capabilities. Bank of America Securities analyst Wamsi Mohan stated that Apple may increase research and development, capital expenditure, and pursue larger-scale acquisitions as the company moves into the AI era. The shift marks a change from Apple's previous emphasis on maintaining net cash neutrality, a stra

According to GMGN data, SOL-based Meme coin CATE surged more than 140% intraday on August 21, with its market cap breaking through $35 million and currently trading at $33 million.

According to Bithumb's announcement, the Korean exchange lists NEXO trading against the Korean won (KRW) on the Ethereum network today (August 21) at 1:00 PM. Deposits and withdrawals are expected to open within 2 hours of the announcement. To ensure market stability, a temporary buy order ban will be in effect for the first 5 minutes after trading begins.

According to a 13F filing submitted to the SEC last week, billionaire investor Stanley Druckenmiller bought 23,400 Micron (MU) shares in the first quarter of 2026 and liquidated his entire position in the second quarter. The chipmaker surged over 300% in the first half of 2026, lifting its market value to approximately $1.1 trillion. Druckenmiller's exit echoes his past experience with Nvidia (NVDA), which he has called a "major mistake" for selling too early. Micron rose 3.97% to close at $974.

According to a recent Benzinga interview, Ouster CEO Angus Pacala said the autonomous driving competition between Tesla and Alphabet's Waymo is not a zero-sum battle. Instead, both companies are expanding the overall Physical AI market. Pacala stated that Ouster does not view Tesla or Waymo as competitors but rather as pioneers advancing the industry through continued investment. The company focuses on providing sensing and environmental perception technology platforms that enable broader adopti

According to Caixin, Hong Kong's Court of Appeal yesterday rejected a sentence reduction appeal and upheld the 56-month prison sentence for Ma Zhihao, the mastermind of an organized phone scam and human trafficking case. During the investigation, Hong Kong police used blockchain and cryptocurrency transaction records to track criminal proceeds. A victim's family transferred approximately 9,527 USDT to a wallet designated by the criminals; blockchain tracking confirmed that 8,127 USDT flowed into

According to Yonhap Infomax, the US dollar-Korean won exchange rate fell to 1,380.50 won during morning trading on August 21, marking its lowest level in approximately 11 months. The rate dropped 12.70 won from the New York close at 1,396.00 won. Foreign investors drove the decline through strong dollar selling in futures markets and offshore markets, with equity market net buying of 310 billion won also adding downward pressure on the dollar.

According to Wu Blockchain on August 20, an Ethereum user reportedly lost 1,010 ETH (approximately $2.3 million) after accessing a suspected phishing site that mimicked Tornado Cash. Community reports claim the attacker obtained the expired tornado.cash domain and deployed a counterfeit interface to capture users' deposit credentials. The victim allegedly supplied withdrawal information to the fraudulent frontend, enabling the attacker to access the funds. On-chain evidence independently confirm