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.
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19:32

White House Teleprompter Operator Gabriel Perez Fined $172K on Aug. 28 After Winning 39 of 43 Kalshi Trades

According to Bitcoin.com News and CFTC, on Aug. 28, 2026, White House teleprompter operator Gabriel Perez was fined $172,539.02 after winning 39 of 43 Kalshi prediction market contracts using insider information. The CFTC disclosed that between December 2025 and February 2026, Perez leveraged early access to presidential speeches to trade prediction contracts reflecting specific remarks Trump made during speeches, breaching his duty of trust and confidence. Perez must disgorge $107,539.02 in pro
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19:32

Goodyear Burns $453M in H1 2026 as Turnaround Plan Falls Short on Profit Targets

According to CNBC, Goodyear CEO Mark Stewart stated on Aug. 14 that the company is continuing its Goodyear Forward turnaround plan, but posted a net loss of $453 million in the first half of 2026. The company's debt remained above $7 billion at the end of Q2, while its operating margin stood at just 1.6%, far below the target of 10% set under the restructuring strategy. Goodyear's capital expenditures totaled roughly $2 billion combined in 2024 and 2025, with expectations of $725 million for 202
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19:31

145.9B SHIB Hits Exchanges on Aug. 29 as Price Falls Toward $0.000005

According to CryptoQuant, 145.9 billion SHIB hit exchanges on Aug. 29, with positive net inflows signaling renewed selling pressure. Positive exchange netflow indicates more tokens entered tracked exchanges than left them, increasing available supply for potential sales. The inflow comes as SHIB retreats from its Aug. 21 peak of $0.00000590, closing Aug. 28 around $0.00000519, down roughly 12% from that recent high. The selling pressure marks a reversal from the token's earlier August recovery,
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SHIB-0.21%
19:29

Stellar's Tokenized RWA Market Hits $39.96 Billion, Up 360% Year-to-Date

According to Cointelegraph, Stellar's tokenized real-world assets (RWAs) reached $39.96 billion as of August 29, up 360% year-to-date from $868.8 million at year-end 2025. Spiko leads with $1.55 billion, followed by Realiz ($559 million), Tradable ($548 million), Franklin Templeton ($546 million), and Ondo ($535 million). The network holds approximately $490 million in non-U.S. government debt, including tokenized Mexican CETES and Brazilian government bonds via Etherfuse. Institutional adoption
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XLM0.91%
19:26

Spain Requests EU Support for Migration Crisis; Thousands Remain Stranded in Ceuta

According to Jin10, EU commissioner Magnus Brunner stated on August 29 that Spain has requested further support from the European Union to address a migration crisis, including assistance from Frontex (European Border and Coast Guard Agency), Europol, and the EU Asylum Agency. The EU is processing the request and will make a swift decision, Brunner said. He emphasized that the priority remains rapidly returning undocumented migrants illegally staying in Spain's Ceuta enclave. Ceuta experienced a
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19:23

Bessent Doubles Treasury Buyback Program to $4B as 30-Year Yield Hits 5.3%, Highest in 19 Years

According to the Reuters Econ World podcast, in late August, U.S. Treasury Secretary Scott Bessent announced plans to double the size of regular Treasury buyback operations from $2 billion to at least $4 billion per operation, with the expanded program set to begin on September 9. The move, known as a "Treasury twist," involves issuing more short-term debt while buying back longer-dated bonds to reduce long-term bond supply and lower yields. However, the strategy has faced market resistance; the
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19:23

Nvidia Posts $96.2B Q2 Revenue While Facing $80-200B Debt Exposure; Cramer Urges Investors to Hold

Nvidia reported fiscal Q2 2027 revenue of $96.2 billion, up 106% year-over-year, marking one of the strongest earnings reports in company history. However, Wall Street's focus has shifted to the company's financial commitments, with analysts estimating potential peak liabilities between $80 billion and $200 billion through 2028, largely tied to customer financing guarantees including a $105 billion residual-value guarantee related to OpenAI. Jim Cramer, the CNBC personality who runs the Investin
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19:23

U.S. Gas Prices Surge $1.25 Per Gallon Amid Iran Conflict Tensions, Hitting $4.08 Average

According to @MarioNawfal and the American Automobile Association (AAA), U.S. gas prices have surged by approximately $1.25 per gallon due to ongoing geopolitical tensions linked to the Iran conflict. The national average price of regular gasoline has reached $4.081 per gallon, up from $3.2013 a year ago. This represents an annual cost increase of approximately $560 for the average American driver. August is tracking to set a new record for monthly gasoline prices.
19:22

Bitcoin Falls 2.5% to $77,588 After Warsh's Hawkish Jackson Hole Speech on Friday

According to Bitcoin.com News, Bitcoin fell 2.5% to $77,588 on Friday (Aug. 29) following Federal Reserve Chair Kevin Warsh's hawkish Jackson Hole keynote speech. Warsh emphasized the central bank has "work to do" and noted that forward guidance had "overstayed its welcome," causing rate hike odds to jump from 35% to the mid-50s. The decline also coincided with U.S. spot bitcoin ETFs snapping a 9-day inflow streak, recording $202 million in outflows on Friday. Bitcoin currently holds support at
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BTC0.69%
19:21

XRP Ledger Announces Four-Stage Quantum-Resistance Plan, Target 2028 for Full Migration

Ripple is preparing the XRP Ledger for quantum computing threats by launching a four-stage roadmap targeting full post-quantum readiness by 2028. During the second half of 2026, candidate post-quantum signatures are expected to run alongside existing elliptic-curve signatures on development networks. The final stage targets native post-quantum signatures across XRPL by 2028, likely requiring a network amendment and coordination among independent validators. Ripple is also working with Project El
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XRP1.19%
19:20

Trump-Promoted GOLD Token Collapses From $50M to $500K on Saturday, 82% Supply Controlled by Team

According to blockchain analytics platform Lookonchain, a Solana-based token called GOLD, promoted by Real Trump Coins (a brand US President Donald Trump publicly endorsed in 2024), collapsed within hours of its Saturday launch. The token's market capitalization plummeted from approximately $50 million to $500,000, with Lookonchain identifying that the development team controlled 82.45% of total supply. Fifteen wallets linked to the team acquired 224.5 million GOLD tokens for $18,657, then sold
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SOL2.29%
19:19

Hezbollah Refuses Disarmament Talks, U.S. Embassy Says It Answers to Iran

According to the U.S. Embassy in Beirut on August 30, Hezbollah continues to refuse dialogue on disarmament with the Lebanese government, the U.S., or Israel. The embassy stated that Hezbollah is unwilling to engage in negotiations and claimed the group follows Iranian orders rather than pursuing independent diplomatic solutions.
19:14

OpenAI Ends Cursor Model Access Following SpaceX's $60B Acquisition

According to CNBC, OpenAI announced late Friday (Aug. 29) that it is ending developers' access to its models on Cursor, following SpaceX's acquisition of the AI coding startup earlier this month. OpenAI models currently serve about 5% of Cursor user traffic. In a statement, OpenAI said, "We are making this choice because we cannot be confident that SpaceX will use our technology within our terms of service, based on our experience with Elon Musk's companies violating contracts." The proposed shu
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19:10

Goodyear Burns $453M in H1 2026 as Turnaround Plan Extends Beyond Initial Timeline

According to a CNBC interview with CEO Mark Stewart on August 14, Goodyear reported a net loss of $453 million in the first half of 2026, with debt remaining above $7 billion at the end of Q2. The company's capital expenditures reached approximately $2 billion combined in 2024 and 2025, with expectations of $725 million for 2026. Despite progress under the "Goodyear Forward" restructuring plan—which has cut roughly $1.5 billion in annualized costs—the company continues to face headwinds from geo
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19:07

Netanyahu's Son Evacuated from U.S. Due to 'Significant' Security Threat on August 29

According to Israel's National Security Bureau (Shin Bet), on August 29, Prime Minister Benjamin Netanyahu's eldest son Yair was evacuated from the United States due to a 'significant' security threat. Shin Bet confirmed the emergency evacuation of Yair and his security team back to Israel. Netanyahu had previously claimed that Iran attempted to assassinate one of his sons, though he did not specify which son or provide a timeline. Reports indicate Yair had become an Iranian assassination target
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19:05

Nvidia Delivers Strong Q2 Results, Raises Price Target to $280; Amazon to Purchase 2 Million GPUs Through 2028

According to CNBC's Jim Cramer, Nvidia delivered better-than-expected fiscal second-quarter results on Wednesday, marking its fourth consecutive quarter of accelerating revenue growth and lifting all three major U.S. stock averages to their best days since Aug. 4. The AI chip leader's stellar earnings and forward guidance also reinforced confidence in AI demand across the market. During the earnings call, Amazon committed to purchasing an additional 2 million Nvidia GPUs in 2027 and 2028, despit
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18:52

NFL Signs Three Sportsbook Partners on Aug. 27, Bars Prediction Market Deals

According to Bitcoin.com News, the NFL signed multi-year commercial agreements with DraftKings, FanDuel, and Fanatics Betting and Gaming on Aug. 27, restoring a sponsorship category vacant since March 31. The deals grant rights to league marks, Super Bowl and NFL Draft presence, and access to real-time play-by-play data and Next Gen Stats. All three partners committed to prohibiting wagers on officiating, injuries, and those easily manipulated by a single person. Separately, NFL Executive Vice P
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18:52

U.S. Senate to Vote on Digital Asset Clarity Act on September 15 as XRP ETF Inflows Hit $110M Weekly

The U.S. Senate is scheduled to hold a cloture vote on H.R. 3633, the Digital Asset Market Clarity Act, on September 15 at 2:15 p.m. ET. The procedural vote will determine whether lawmakers proceed to debate the bill, which generally requires 60 votes to advance. The House already passed the legislation 294-134 in July 2025 with bipartisan support. Meanwhile, spot XRP ETFs attracted $110.49 million in inflows during the week ending August 28, marking their strongest weekly inflow of 2026, as XRP
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XRP1.19%
18:52

Solana Validators Pass SGP-0002 Disinflation Proposal with 67% Support After CEO's Last-Minute Vote Push

According to Bitcoin.com News, Solana network validators passed the Double Disinflation proposal (SGP-0002) on August 29, narrowly securing approval to increase the network's disinflation rate from 15% to 30%. The proposal garnered 176.29 million SOL (67%) in support versus 66.19 million SOL (25.16%) in opposition, with 20.63 million SOL (7.84%) abstaining. Helius CEO Mert Mumtaz played a decisive role in the outcome, convincing validator Kraken to flip its vote in the final hours—resulting in p
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SOL2.29%