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.
Today
12:04

Tiger Brokers Reports Q2 Revenue of $182 Million, Record High; Client Assets Reach $60.73 Billion

Tiger Brokers reported second-quarter revenue of $182 million, up 31.4% year-over-year and 17.7% quarter-over-quarter, marking a record high. Non-GAAP net profit attributable to the parent company reached $42.84 million, up approximately 20% sequentially after adjusting for Q1 regulatory penalties. Global retail client assets grew 16.7% year-over-year to $60.73 billion, driven by net deposits exceeding $1.5 billion during the quarter.
12:02

Société Générale Raises Gold Allocation to 10% in June, Sees Metal as Inflation Hedge Above $4,600

According to Société Générale, the French bank raised its gold allocation to 10% in the second quarter, up from 7% in Q1, as renewed investor interest supports the precious metal above $4,600 per ounce. The bank positioned gold as a strategic hedge against inflation risks, policy uncertainty and geopolitical instability, citing a growing disconnect between benign market inflation expectations and an economic environment likely to keep price pressures elevated. Société Générale noted that gold's
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12:01

Lloyds Survey: 76% of Young UK Adults Used AI for Money, but Confidence Gap Reaches 21 Points

According to Lloyds Banking Group, a survey released in August 2026 found that 76% of digitally engaged UK adults aged 18 to 24 used artificial intelligence for personal finance during the previous year. However, only 64% of young AI users felt confident about their finances, compared to 85% confidence among AI users aged 65 to 74, creating a 21-percentage-point gap between the youngest and oldest groups.
12:01

Bitget Launches PURR Perpetual Futures Contract on August 26 with 20x Leverage

According to BlockBeats, Bitget launched PURR (Hyperliquid Strategies) perpetual futures contracts on August 26, according to an official announcement. The contracts are settled in USDT, support up to 20x leverage, and are available for 24/7 trading. This brings Bitget's total equity perpetual contract offerings to 293.
12:01

9 Institutions Predict Coking Coal Price Surge in September 2026; Lithium Mining License Application Withdrawn

According to multiple market sources on August 26, nine institutions jointly assessed China's coking coal market with unanimous bullish sentiment for September, with quantified strength scores averaging 1.02, marking the highest monthly assessment of 2026, though the China Coal Transportation and Sales Association warned of consistency risks requiring market vigilance. In related developments, Yichun Ecological Environment Bureau withdrew the public inquiry period for Ningde Times subsidiary's l
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12:00

NVDA Options Market Prices in 6% Move by Week's End Ahead of Earnings

According to CNBC, options traders are pricing in a potential 6% swing in Nvidia stock by the end of this week following the company's fiscal 2027 second-quarter earnings report on Wednesday. Based on Tuesday's closing price, a 6% rally could push the stock to around $225, nearing May's record high of $236, while a 6% decline would test support near $202. Nvidia shares have gained 14% year-to-date but remain down over 10% from the May peak.
12:00

Avalanche Treasury Company Posts $44.7M Loss in Q2, Authorizes $10M Share Buyback

According to Businesswire, Avalanche Treasury Company (Nasdaq: AVAT) reported a net loss of $44.7 million in Q2 2026, with a loss per share of $1.54. The company's board approved a $10 million Class A common stock buyback plan to address market undervaluation and enhance shareholder returns. AVAT, which listed on Nasdaq on June 11, held approximately 15.3 million AVAX tokens valued at roughly $100 million as of June 30. The company generated $1.5 million in net staking rewards during Q2, bringin
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AVAX-2.48%
12:00

Hyperscale Data Subsidiary Receives $5.4M U.S. Defense Orders in July-August

According to PRNewswire, Hyperscale Data's subsidiary Gresham Worldwide received approximately $5.4 million in orders from U.S. defense projects and contractors between July and August 2026. The orders cover radio frequency and microwave components supporting radar, electronic warfare, communications, and other mission-critical systems, reflecting growing demand for high-reliability RF technology in the U.S. defense sector.
11:59

Iran Reaches Revenue-Sharing Agreement with Oman on Hormuz Strait Control, on Aug 26

According to Iran's Revolutionary Guards official website Sepah News, Iran's IRGC spokesman Hossein Mohbi said on August 26 that Iran has reached an agreement with Oman on revenue distribution from the Hormuz Strait. Mohbi stated that the agreement covers both countries' maritime jurisdiction shares and revenue allocation, and emphasized that Iran maintains full military control over the waterway. He added that U.S. interference has delayed the implementation process, and warned that if the U.S.
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11:58

AI Agent Developer Runable Completes $21M Series A Funding Round

According to TechCrunch, AI Agent developer Runable has completed a $21 million Series A funding round led by Susquehanna Venture Capital and Nexus Venture Partners, with Together Fund and Array VC participating. The company's AI agents can generate websites, applications, and presentations from natural language inputs and handle deployment and data analysis tasks. The new capital will be used to optimize AI inference costs and strengthen infrastructure, marketing, and distribution capabilities.
11:57

LayerZero Unveils ATLAS Settlement Engine, ZRO Surges 20%

According to LayerZero, on August 25 the protocol unveiled ATLAS, a trading and settlement engine designed to sit underneath exchanges rather than compete with them. ATLAS has no app or frontend; trading venues integrate it, retain their own interface and customers, and skip building matching, clearing, settlement, and risk systems. ZRO surged more than 20% on the announcement. Venues stake ZRO for fee rebates of 20% to 65%, with 75% of remaining fees used to buy back and burn ZRO while 25% go t
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ZRO10.59%
11:57

Bitcoin Surges 23% in Strongest Week Since November 2024 as Record $1.37B Shorts Liquidated

According to K33 and Bitwise analysts, Bitcoin gained 23% over the past week through August 21, marking its strongest one-week performance since the post-election rally in November 2024. The rally was driven by a historic short squeeze, with a record $1.37 billion in bitcoin shorts liquidated on August 19 alone, nearly double the previous daily high of $757 million from July 2021. Spot and perpetual futures volumes jumped 188%, while Bitcoin exchange-traded products recorded net inflows of 31,74
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BTC-0.80%
11:57

Dallas Fed Economists Warn Tokenized Deposits Could Reduce Bank Lending Capacity by $700 Billion

According to ChainCatcher, Dallas Federal Reserve economists Rosie Levy and Srini Ramaswamy estimated that if depositor rate sensitivity increases by 10%, tokenized deposits could reduce U.S. banks' ability to absorb long-term interest rate risk by approximately $700 billion. A 10% accelerated deposit outflow due to tokenization could further cost banks roughly $580 billion in risk-absorption capacity. Smart contracts and AI agents could automate deposit transfers, weakening deposit stickiness a
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11:55

Huawei Submits AI Data Center Proposal for Egypt with 1,408 Ascend 950 Chips; U.S. Forms Counter Consortium

According to Bloomberg, Huawei submitted a proposal to Egypt's government on August 26 to build an AI data center within 12 months, including exports of 1,408 Ascend 950 chips for training and an additional 600 Ascend 950 or 910B chips for inference clusters. The U.S. State Department has separately approached Nvidia, AMD, and Microsoft to form a consortium offering competing bids. The project marks the first direct competition between China and the United States in a single government AI data c
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11:55

Moderna and Merck Announce Positive Phase 3 Results for mRNA Cancer Vaccine

According to Moderna and Merck, the two companies recently announced positive results from a Phase 3 clinical trial of Intismeran Autogene (mRNA-4157/V940), their co-developed personalized mRNA cancer vaccine combined with PD-1 inhibitor pembrolizumab, in treating melanoma. Both recurrence-free survival and distant metastasis-free survival met primary endpoints.
11:47

AI Security Startup Alice Secures $140M Funding, Valuation Nears $1B

According to ChainCatcher, AI security startup Alice announced completion of $140 million funding led by Apax Partners' Apax Digital, with participation from cybersecurity firm SentinelOne and Samsung Electronics. The funding round values the company at nearly $1 billion. Alice provides security protection for AI models, helping enterprises mitigate risks of misuse, attacks, and anomalous behavior in AI systems. The company has established partnerships with leading AI industry players including
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