Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, on August 21, President Donald Trump reiterated his claim that the Strait of Hormuz should be considered U.S. territory, stating during a speech in Myrtle Beach, South Carolina, that he "currently views the Strait of Hormuz as American territory." Trump has previously stated he would declare the strait U.S. territory after defeating Iran, and has repeatedly posted maps of the Hormuz region on his Truth Social account, labeling it as American territory. He also questio

According to Spanish authorities, forest fires broke out in Segorbe and surrounding areas of Valencia's autonomous community on August 21, with rapid fire spread threatening nearby residential zones. Local emergency services requested military reinforcement deployment to the scene and initiated emergency evacuations for affected residents.

According to Every经, on August 20, shipping costs on the Middle East route from Shanghai Port to Jeddah Port (via Port Klang) hit 6,500 USD for 20ft containers and 10,200 USD for 40ft containers, up from around 7,000 USD approximately half a month ago. Industry sources expect further increases through late August, with high freight rates already dampening overseas customer orders and pushing up inventory levels.

According to Asia Economic Daily and Bloomberg NEF analysis, Texas suspended new data center power grid connection approvals in early August, adding verification steps to assess project feasibility alongside traditional grid stability reviews. The state's power grid operator ERCOT received approximately 474 gigawatts of pending power connection requests—five times Texas's peak demand of 91 GW—with roughly 90% from data center projects. Bloomberg NEF estimates that Texas's measures expose about 2

According to Google CEO Sundar Pichai, Gemini 3.7 Flash broke the company's previous Gemini model growth record in its first week, becoming Google's fastest-growing Gemini model to date. Google did not disclose specific growth metrics or usage scale. According to Artificial Analysis, the model achieved a composite intelligence score of 56, with high reasoning mode output speed of approximately 340 tokens per second at a cost of $0.40 per task. In independent ARC Prize validation, Gemini 3.7 Flas

According to ChainCatcher, Stanley Druckenmiller's Duquesne Family Office purchased 4.1 million shares of mining hardware and data center operator Bitdeer Technologies Group (BTDR) in Q2 for approximately $64.7 million, at an average price of $12.26 per share. The family office also acquired 2.9 million shares of Hyperliquid Strategies (PURR), a digital asset treasury company providing HYPE token investment exposure to U.S. and institutional investors, for $23.1 million. The moves align with con

According to Cardano's official roadmap, the network has structured its Dijkstra-era scaling plan into two phases. Phase 1 targets code completion in Q4 2026 and includes Linear Leios and nested transactions to improve throughput and developer flexibility. Phase 2, involving Ouroboros Peras for settlement and finality improvements, is planned for Q2 2027. Ouroboros Leios is designed to increase transaction and block processing capacity without altering the consensus model, while nested transacti

According to HTX data, BNB broke through $700, trading at $700.03 as of August 22, with a 24-hour gain of 4.58%.

According to Ukrainian officials, Russian forces struck a railway facility in Kyiv's Darnytsia district with ballistic missiles on August 22, killing one worker. The attack targeted critical infrastructure operated by Ukraine's state railway company.

According to MaxForAI, Gao Jianlin, core leader of Tencent's chip research and development, has left the company and launched a startup on August 22 to develop high-performance CPUs based on the RISC-V architecture for AI servers and Agentic AI applications. Gao was instrumental in building Tencent's self-developed chip ecosystem, founding the FPGA team in 2013 and launching AI chip research in 2018. Rather than competing in the saturated AI GPU market, the new venture focuses on CPUs, which Gao

According to The New York Times, citing people familiar with the matter, two Binance employees were detained by authorities in the United Arab Emirates in recent weeks as part of an investigation into possible financial crimes on the crypto platform. The employees were stopped at an airport, and the specific focus of the UAE's investigation remains unclear. Binance told Reuters the employees were asked to provide statements to UAE authorities as part of a routine inquiry into third-party fund fl

According to News.bitcoin, South Korea's Financial Supervisory Service (FSS) has launched a real-time artificial intelligence platform designed to detect cryptocurrency price manipulation. The system identifies short-term price manipulation tactics by referencing a historical database of known market abuse strategies. The FSS plans to expand the platform to track cross-exchange fund flows and on-chain blockchain activity.

According to IRNA, Iran has recently approved a portion of Iraqi oil tankers to transit through the Strait of Hormuz at Iraq's request.

According to Beating, Google has launched remote control functionality for Antigravity 2.0, allowing users to manage local agents from mobile browsers or other devices without installing a separate app. Users can view active sessions, assign new tasks, review solutions, and switch between connected devices such as laptops, desktops, and servers. The mobile interface also supports push notifications to alert users when agents complete tasks or require human confirmation. Google AI Ultra users get

According to Guru Club, Singapore's benchmark stock index fell 1.2% on June 4, closing at 5,076.81 points.

According to UHY Hacker Young, the UK's HM Revenue and Customs (HMRC) sent 81,000 crypto tax warning letters over the past 12 months as of Aug. 20, representing a 25% increase from approximately 65,000 letters in the prior year. The communications, known as nudge letters, give recipients an opportunity to disclose unpaid tax before HMRC opens a formal investigation. UHY Hacker Young obtained the figures through a Freedom of Information request.

India's Foreign Ministry announced that Foreign Minister S. Jaishankar will conduct an official visit to Russia on August 23-24.

According to ChainCatcher, the largest ETH long position holder on Hyperliquid closed half of its position earlier today, realizing a profit of $14.88 million. The address sold 60,000 ETH at an average price of $2,514 after holding the position for approximately four months, during which it experienced a maximum unrealized loss of $120 million. The address currently maintains a long position of 3,000 BTC and 60,000 ETH, with unrealized gains of approximately $47.45 million.

According to New York Times on August 21, AI company Anthropic is planning an initial public offering (IPO) with a target valuation of $2 trillion, aiming to raise over $100 billion. If successful, the company would set a record for the largest IPO in history. Anthropic's valuation reflects its rapid revenue growth, with annualized recurring revenue exceeding $65 billion in July, up from $9 billion at the end of last year. The IPO would surpass SpaceX's June listing, which valued the Elon Musk-l

According to Shinhan Securities analyst Seo Jung-yeon, South Korea's department stores achieved Q2 record sales and operating profit since the post-COVID era, yet their share prices have declined about 40% from mid-June highs. Existing store sales growth reached over 20%, the highest level in two decades, driven by luxury goods and high-end jewelry and watches. Foreign tourists' spending accounted for 7-8% of department store sales in the first half of 2026, contributing approximately 2 percenta