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
18:32

Meta Pays $17B Settlement Over Social Media Addiction; Tech Backlash Deepens as AI Data Center Opposition Hits $130B in Q1 2026

According to CNBC, Meta agreed to a $17 billion settlement with a bipartisan coalition of state attorneys general this week (August 26, 2026) over claims that its social media platforms endangered children and teens. The company will impose substantial product changes including a default two-hour daily time limit for teens on Facebook and Instagram, muted notifications during school hours, and enhanced parental controls. The settlement reflects broader public discontent with the tech sector. Mor
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18:26

BIS Chief Questions Stablecoins' Credibility for Large-Scale Payments on Friday

According to Reuters, BIS General Manager Pablo Hernández de Cos questioned stablecoins' credibility as a means of payment at scale on Friday, arguing that tokenized bank deposits offer a stronger alternative. De Cos said stablecoins could lower government borrowing costs but could also increase bank funding costs, potentially raising borrowing rates for households and businesses. He also cited concerns about interoperability between stablecoin platforms and anti-money laundering controls. A com
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18:05

U.S. Tech Stocks Rally This Week, Nasdaq Up 0.9% on Nvidia's Strong Earnings

According to CNBC's Investing Club, U.S. technology stocks rallied this week, with the Nasdaq Composite gaining 0.9%, the S&P 500 advancing 0.5%, and the Dow Jones Industrial Average adding 0.5% for its first winning week in three. Much of the gains came Thursday following Nvidia's better-than-expected fiscal second-quarter results and strong forward guidance, which lifted all three major indices to their best days since August 4. Key winners included Nvidia, up 1% for the week; Salesforce, whic
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18:03

Google's WikiSkill Boosts AI Agent Performance 12 Points Across 5 Benchmarks

According to Google Research, the company introduced WikiSkill, a framework that enables AI agents to learn and retain knowledge across iterations. The persistent wiki-style knowledge base tracks skill improvements, delivering an average performance gain of 12.0 points across five benchmarks tested. On Gemini-3.5-Flash, performance on LiveMathematicianBench jumped from 33.0% to 72.6%, while SpreadSheetBench scores climbed from 50.5% to 76.6%. The framework uses a three-layer architecture—Raw, Wi
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18:03

NVIDIA Trading at $217.55 With $5.3–5.5T Market Cap as Global Liquidity Shifts Impact Markets, Says Fundstrat

According to Fundstrat analyst Mark Newton, NVIDIA's recent market performance and global liquidity conditions have altered the market landscape across various asset classes. The company is currently trading at around $217.55 with a market capitalization estimated between $5.3 trillion and $5.5 trillion, making it the world's largest by market value. The shift in broader monetary conditions, including U.S. Treasury yields surpassing 5%, is significant for equities and other risk assets, with New
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18:01

Turkey Summons Ukrainian Ambassador Over Black Sea Ship Attacks on August 29

According to Turkish Foreign Ministry officials, Turkey summoned the Ukrainian ambassador to Ankara on August 29 over attacks on Turkish vessels in the Black Sea earlier this week. Turkish authorities expressed concern about the attacks and warned of the necessity to ensure safety for personnel, property, navigation, and environment in the Black Sea. Turkish merchant vessels have come under repeated attack in recent days. On August 26, a Turkish-operated ship was attacked near Tuapse port; a sec
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17:49

Six Palestinians Arrested After Attempting to Protect Home from Israeli Settlers' Attack in Qusra on August 30

According to Al Jazeera, on August 30, Israeli settlers attacked a residential building under construction in Qusra after six Palestinian residents attempted to install protective metal mesh to safeguard the property from escalating violence, including stone throwing and incendiary attacks. Upon arrival, Israeli forces fired tear gas into the residence, injuring the building owner, and arrested the six Palestinians without removing the settlers. All six residents were subsequently released. Isra
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17:47

Salesforce Reports AI and Data Revenue Hit $3.9B, Up 240% YoY as Stock Soars 20%

According to CNBC, Salesforce reported Wednesday that its combined AI and data annual recurring revenue reached $3.9 billion, more than tripling year-over-year. The company's Agentforce product alone surged to $1.5 billion in ARR, up 240% YoY from $100 million at launch 18 months prior. The stock surged over 20% following the earnings report. Salesforce's Data 360 platform ingested 104 trillion customer records this quarter, up 355% year-over-year, while the company delivered 3.2 billion units o
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17:47

Starkware Executes Quantum-Safe Bitcoin Transaction on Aug. 26 With Zero Consensus Changes

According to Bitcoin.com News, Starkware successfully executed the first post-quantum-resistant Bitcoin transaction on mainnet on Aug. 26 using researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) construction, requiring zero soft forks, hard forks, or core protocol upgrades. The transaction spent a 10,000-satoshi output and was mined through MARA Foundation's Slipstream service. The test required hours of GPU computation and cost approximately $150 to $200. Starknet Foundation Vice President of G
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BTC0.61%
STRK1.55%
17:37

Grayscale: Rising US Debt Above $40 Trillion Could Boost Bitcoin, Ethereum, and Zcash

According to Grayscale Head of Research Zach Pandl on Aug. 26, surging U.S. government debt could strengthen demand for Bitcoin, Ethereum, and Zcash as investors seek alternatives to fiat currencies. Grayscale said the "debasement trade" will primarily benefit these three assets due to unchecked debt growth undermining fiat credibility. U.S. public debt exceeded $40 trillion for the first time on Aug. 18, according to the Daily Treasury Statement, marking a historic milestone in the nation's bor
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BTC0.61%
ETH0.63%
17:31

Iran's Revolutionary Guard Official Disputes U.S. War Rationale, Says Uranium Enrichment Not Root Cause

According to Jin10, an Iranian Revolutionary Guard official on August 30 challenged the U.S. justification for military action, stating that the conflict is unrelated to Iran's nuclear program. Deputy Political Director Sadar Jowani told Iran's Fars News that those attributing the war to uranium enrichment lack historical understanding. Jowani instead attributed the conflict to U.S. efforts aimed at overthrowing Iran's Islamic Republic.
17:27

Bitcoin ETFs See $202M Outflow on August 28, Ending 9-Day Streak; Ether Gains $102M

According to Sosovalue data, U.S. Bitcoin ETFs recorded net outflows of $202 million on August 28, ending a nine-day streak that had accumulated $3.04 billion in inflows since August 17. Meanwhile, Ether spot ETFs bucked the trend, attracting $102 million and extending their inflow run to ten consecutive days. Bitcoin's price stood around $77,500 on August 28, up 1% over the past week, suggesting the single-day outflow reflected profit-taking rather than capitulation.
BTC0.61%
17:22

Treasury Doubles Buyback Operations to $4B as 10-Year Yield Hits 4.73%

According to a recent appearance on the Reuters Econ World podcast, Treasury Secretary Scott Bessent announced in late August plans to double the size of buyback operations from $2 billion to at least $4 billion per operation, with the expanded program set to begin on September 9. The 10-year Treasury yield stood at approximately 4.73%, while the 30-year Treasury yield reached roughly 5.3%, its highest level in 19 years. Bessent's "Treasury twist" strategy involves issuing more short-term debt w
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17:17

Bitcoin Falls 2.5% to $77,588 After Warsh's Hawkish Jackson Hole Speech; Spot ETFs See $202M Outflow Friday

According to Bitcoin.com, on Friday Aug. 29, 2026, Bitcoin fell 2.5% to $77,588 following Federal Reserve Chair Kevin Warsh's hawkish keynote at the Jackson Hole Economic Policy Symposium. Warsh's speech, delivered at 10 a.m. EDT, emphasized the Fed has "work to do" on rate policy, sending rate-hike odds from 35% to the mid-50s. U.S. spot Bitcoin ETFs snapped a nine-day inflow streak with a $202 million outflow on Friday. Technical indicators show Bitcoin holding support at $76,800–$77,000 as th
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BTC0.61%
17:14

GOLD Token Tied to Real Trump Coins Crashes 99% Hours After Launch

According to blockchain analytics platform Lookonchain, a Solana-based token called GOLD promoted by Real Trump Coins—a brand US President Donald Trump publicly promoted in 2024—collapsed Saturday, falling from a $50 million market cap to just $500,000 at the time of publication. The token was touted on X with a promise of 4% trading fees and a pledge to use 99% of fees for token buybacks, but crashed shortly after launch. Lookonchain flagged that 15 newly created wallets spent $18,657 to acquir
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SOL0.94%
17:11

Milo Yiannopoulos Deported from U.S. on Friday Over Expired Visa

According to CNN, U.S. Department of Homeland Security spokesman said British right-wing figure Milo Yiannopoulos was deported back to the UK on Friday. Yiannopoulos was detained by Immigration and Customs Enforcement on Thursday at a Louisiana airport due to an expired visa.
17:08

Goodyear Posts $453M Loss in First Half of 2026 as Turnaround Plan Extends Beyond Target

According to CNBC, Goodyear Tire & Rubber reported a net loss of $453 million through the first half of 2026 as its restructuring and refinancing efforts continue to strain finances. The company's debt remained above $7 billion at the end of the second quarter, while capital expenditures totaled roughly $2 billion in 2024 and 2025. CEO Mark Stewart's Goodyear Forward turnaround plan fell short of its 10% operating margin target, achieving only 8.5% in Q4 2025. First half 2026 operating income wa
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