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
15:57

Jaredfromsubway.eth's $295M MEV Sandwich Bot Drained of $7.5M in June 2026 Hacking Attack

According to Chainalysis, in June 2026, an attacker deployed 66 fake token contracts on Ethereum targeting Jaredfromsubway.eth, the network's most prolific sandwich-attack bot. The fake tokens mimicked legitimate names like WETH, USDC, and USDT, triggering the bot's automated trading logic to grant spending approvals to the attacker's malicious contracts. Once enough approvals accumulated, the attacker swept at least $7.5 million in ETH and stablecoins before laundering proceeds through Tornado
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ETH1.48%
15:55

Global Billionaires Reach Record 3,795 in 2025, Wealth Surges 12.8% to $15.1 Trillion

According to wealth intelligence firm Altrata, as reported by Fortune magazine, global billionaires reached 3,795 in 2025, marking a historic record. Their combined wealth surged 12.8% year-over-year to $15.1 trillion, the highest on record, equivalent to nearly one-quarter of the S&P 500's total market capitalization. AI investment was identified as the primary driver of billionaire wealth growth, with tech entrepreneurs seeing substantial gains as their companies expanded artificial intelligen
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15:50

Meta Tests Robots to Automate Data Center Tasks, May Replace Up to 80% of Some Workers

According to current and former workers, Meta is testing robots that can perform data center tasks such as power cycling servers and swapping networking cables to potentially reduce human labor costs amid rising AI infrastructure spending. The company is using robotic hardware from Kinova, ABB, and Watney Robotics, including a Kinova Gen3 robotic arm for power cycling and a separate robot for cable swapping. One Meta data center worker estimated the cable-swapping bot could replace up to 80 perc
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15:49

ESMT's Q2 DDR3 ASP Revised Up to +105%-113%, Far Exceeding Early Forecasts

According to Serenity's analysis on August 30, ESMT's Q2 DDR3 average selling price (ASP) was revised sharply upward to +105%-113% sequentially, compared to initial estimates of +50% by Chinese brokers in March. The upside far exceeded expectations, with brokers noting DDR3 price increases were "significantly better than anticipated." Serenity noted that specialty memory pricing has become a profit amplifier rather than a pure revenue driver, with operational leverage expanding substantially. ES
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15:47

NATO Says Russia Upgrades Hybrid Operations in Europe, No Imminent Attack Threat

According to Jin10, a NATO official stated on Sunday (August 30) that Russia is upgrading its hybrid operations in Europe, but NATO currently assesses no imminent attack threat exists. The official noted that despite strong Ukrainian resistance, Russia is intensifying attacks on Ukraine while simultaneously enhancing hybrid operations across Europe. "As always, NATO remains vigilant against various threats, but we do not see an imminent attack threat at this time," the official said, adding that
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15:47

Swedish Tax Agency Imposes €28-20M VAT Penalties on Crypto Miners, Forcing Shift to AI

According to The Energy Mag, the Swedish Tax Agency issued proposed VAT decisions against subsidiaries of Northern Data AG and HIVE Digital beginning in late 2025, asserting that certain computing activities constituted cryptocurrency mining outside the VAT system. Northern Data faces denied input-VAT deductions of approximately €28 million and €20 million across two subsidiaries, while HIVE has recognized an 822 million-kronor (approximately $84.7 million) provision for disputed VAT liabilities
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15:45

Shanghai Listed Companies' H1 Net Profit Up 17.6%; Sci-Tech Board Surges 437.6%

According to the Shanghai Stock Exchange, listed companies on the Shanghai and Shenzhen bourses posted combined H1 net profit of 28.2 trillion yuan, up 17.6% year-over-year, marking the fastest growth since 2022. Sci-Tech Board companies saw net profit reach 144.887 billion yuan, surging 437.6% year-over-year and exceeding full-year 2025 levels. In shareholder returns, 427 listed companies announced interim dividends totaling 633 billion yuan, with 16 companies each distributing over 10 billion
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15:43

IonQ Completes $1.8 Billion SkyWater Technology Acquisition on July 31

IonQ finalized its $1.8 billion acquisition of SkyWater Technology on July 31, establishing a vertically integrated quantum platform combining semiconductor design, fabrication, and advanced packaging. Under the deal terms, SkyWater shareholders received $15 in cash plus 0.4883 IonQ shares per share held, representing approximately $741 million in cash and 24 million newly issued IonQ shares. The transaction results in 6% to 11.7% share dilution for existing IonQ investors, while the company mai
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15:43

NVIDIA at $217.55, $5.3-$5.5 Trillion Market Cap, Drives Market Shifts Amid Global Liquidity Changes: Fundstrat

According to Fundstrat analyst Mark Newton, NVIDIA's recent market moves and global liquidity shifts have reshaped the market landscape across multiple asset classes. NVIDIA, currently the world's largest company by market value, is trading at around $217.55 with a market cap estimated between $5.3 trillion and $5.5 trillion. Newton notes that these developments align with broader monetary conditions, including U.S. Treasury yields exceeding 5%, which are significant for equities and other risk
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15:37

Bitcoin's Oldest Wallets Move 553.59 BTC in Eight Days as Decade-Old Coins Wake Up

According to Galaxy Research, six wallets dormant since 2011, 2012, and 2014 moved a combined 553.59 BTC—worth approximately $40.15 million—between Aug. 16 and 26. One address transferred 212 BTC untouched since August 2012, representing a roughly 557,640% gain, while another 40 BTC last held in May 2012 was moved to German custody bank Boerse Stuttgart Digital, marking a 1,535,911% gain. The awakening of decade-old coins in 2026 registers more prominently than in most prior years, according to
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BTC1.23%
15:37

Trump May Meet Kim Jong Un First, Then Hold Second Summit After November Midterms

According to former Trump administration National Security Council official Anthony Ruggiero, interviewed by PBS on August 28, President Trump may meet with North Korean leader Kim Jong Un first to restart direct talks, with a possible second summit following November's midterm elections. Ruggiero suggested Trump and Kim's dialogue could enable working-level negotiations to resume. He noted that while U.S. policy previously centered on denuclearization, current discussions should implicitly ackn
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15:35

Crypto KOL Him Plans Manual COPPERINU Airdrops This Week; Token Market Cap Hits $18.1M

According to ChainCatcher, KOL Him announced plans this week to conduct manual, staged airdrops of COPPERINU to loyal users and contributors, with distributions styled similarly to Black Bull and Ansem. Him stated that in later airdrop phases, he will distribute almost all of his token holdings. COPPERINUU, a Meme coin on Robinhood chain, reached a market cap of $18.1 million, according to GMGN market data. The token was deployed by Pons Vault developer and 40% of the supply was sent to Him's wa
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15:32

Meta Agrees to Pay $16.9B in Child Safety Settlement With State AGs This Week

According to CNBC, Meta this week agreed to pay $16.9 billion in a landmark settlement with a coalition of state attorneys general over allegations that Facebook and Instagram misrepresented the extent of child mental health damage. Under the agreement, Meta will implement daily usage limits and "nighttime blocks" for teenagers, enhanced age verification measures to prevent children from using its apps, and provide additional parental control tools. An independent auditor will monitor Meta's com
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15:25

U.S. Secures 35% Stake in Venezuelan Oil Firm NABEP, Gains Access to 650 Billion Barrels on August 30

According to the Wall Street Journal, on August 30, the U.S. government secured a 35% stake in Venezuelan oil firm North American Blue Energy Partners (NABEP) and rights to purchase 20% of its crude production at cost. NABEP holds 100-year development rights to 17 oil fields containing approximately 650 billion barrels, accounting for one-fifth of Venezuela's confirmed reserves. The U.S. Department of Defense's Strategic Capital Office will manage the stake through a penny warrant structure. Ven
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15:25

SWIFT Processes $5 Trillion Daily, Launches Blockchain Ledger as Stablecoins Challenge Cross-Border Payments

According to CoinDesk, SWIFT processes approximately $5 trillion daily for cross-border settlements across 200 countries, but transaction costs remain 1-4% with settlement typically requiring 1-5 business days. Facing competition from stablecoins and tokenized deposits, SWIFT launched a blockchain ledger last month; HSBC and Standard Chartered completed their first real-time transaction on the system with settlement reduced to seconds. BNY estimates the stablecoin and tokenized cash market could
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15:23

Jim Cramer Backs Nvidia Despite $105B Customer Guarantee Exposure

According to Jim Cramer, the CNBC personality running the Investing Club portfolio, Nvidia should be held amid growing debate over the chipmaker's financial commitments in fiscal Q2 2027. Nvidia reported $96.2 billion in revenue, up 106% year-over-year, with data center revenue surging 117% to $89 billion. However, analysts estimate the company faces between $80 billion and $200 billion in peak liabilities through 2028, including a $105 billion residual-value guarantee tied to OpenAI. Gross debt
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15:14

Sber Plans to Accept USDT and Ether as Loan Collateral Under Russia's New Crypto Law

According to a Friday TASS report, Sber, Russia's largest bank, plans to expand its crypto-backed lending to accept Tether's USDT and Ether alongside Bitcoin as collateral. Deputy Chairman Anatoly Popov said the bank will add these assets after the Bank of Russia permits them for public trading under Russia's new crypto law taking effect Sept. 1, 2026. Sber's chief financial officer Taras Skvortsov expressed skepticism about demand for Russia's central bank digital currency (CBDC), also launchin
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BTC1.23%