Gate Crypto Flash News and Market Updates

According to Bitcoin.com News, World Gold Council CEO David Tait said on August 16 that bitcoin could eventually go to zero. Speaking at Consensus Miami, Tait stated this was his personal opinion based on how bitcoin trades with risk assets during market stress rather than acting as insurance. He noted that when liquidity dries up and investors are forced to sell, bitcoin has repeatedly fallen alongside equities instead of holding its value like gold, which has benefited from central-bank buying

According to the Korea Exchange, South Korea's VKOSPI 200 volatility index closed at 55.31 on August 14, marking a 35.8% decline from July 30 when regulators raised minimum deposit requirements for single-stock leverage products from 10 million won to 30 million won. Forced liquidations in the domestic stock market also dropped sharply to 50 million won daily on August 13, down from peaks exceeding 1 billion won in late July, according to the Financial Investment Association.

According to Bitcoin.com News, StablecoinX holds approximately 3 billion ENA tokens, representing about 20% of the total supply, valued at $218.4 million as of June 30. The listed company reported a quarterly loss of $34.2 million in its latest operating disclosure, including $36.2 million in ENA impairment charges, with adjusted loss at $188,200.

According to Ukraine's Defense Ministry, Ukrainian forces conducted a large-scale drone strike on a logistics hub operated by Russian e-commerce platform Wildberries in Moscow region on August 16 morning. In response, Russia's Defense Ministry reported on August 16 that Russian forces struck Ukrainian military industrial facilities and oil refineries.

According to BlockBeats, on August 17, Chinese animated film "Niu Lai" sparked social media frenzy, driving A-share stocks with "niu" (bull) characters to top-five trending list on retail trading apps, with Jinniu Chemical and Copper Bull Information leading surges. The film's box office surged from 3,420 yuan (approximately $480) on its opening day to 4.648 million yuan cumulatively, ranking ninth among 2026 domestic animated films. Meanwhile, the Meme token "Niu Lai" on BNB Chain hit a peak ma

French Prime Minister François Bayrou will convene a crisis meeting on Monday to address a cyber attack on the country's tax administration authority that was disclosed last week, according to market reports.

According to Odaily, MarsCoin on the BSC chain surged over 462 times in 24 hours, pushing its market cap to a new high of $36 million. The token was last quoted at $32.2 million, based on GMGN data.

According to Hugging Face's latest report, Chinese AI enterprises have released the largest open-source models with significantly higher parameter scales than U.S. counterparts throughout most months of 2026. Chinese models reached 754 billion to 27.8 trillion parameters monthly, while U.S. models remained below 130 billion for most periods. More than 80 percent of Chinese models with parameters exceeding 20 billion adopt permissive licensing agreements, enabling commercial deployment and deriva

According to SafePal, the crypto wallet service recently discovered a vulnerability in its order tracking plugin that exposed personal data of approximately 39,798 users. The incident affected customers who placed orders between March 2, 2025 and April 11, 2026, with leaked information including names, email addresses, shipping addresses, phone numbers, and purchase records. SafePal emphasized that the breach did not compromise wallet security data. Private keys, seed phrases, wallet passwords,

According to on-chain analyst Ai Yi, two days before MarsCoin's price surge, a wallet liquidated 5.12 million MarsCoin at $0.00006885 per token, realizing a loss of $4,533. At the time of the sale, the token's market cap was $68,000; it has since risen to $171,000. The same wallet attempted to recover losses 55 minutes ago by purchasing $2,308 worth of MarsCoin and is currently in profit on this position, though the overall portfolio remains underwater.

According to DefiLlama founder 0xngmi, the platform delayed its mobile app launch after spending months requesting Apple to remove phishing apps impersonating DefiLlama from the App Store. The founder noted that after the team downloaded one malicious application and documented a small cryptocurrency wallet being stolen, Apple removed it within days. The delay persists until all counterfeit apps are fully removed.

According to Al Arabiya, a meeting between Trump senior advisor Jared Kushner and Gaza's peace committee has concluded. The report did not disclose details of the discussions or outcomes.

In a joint statement, Egypt, Jordan, the UAE, Qatar, Indonesia, Saudi Arabia, Turkey, and Pakistan said Israel's rejection stance threatens the intensified efforts by U.S. President Donald Trump to end the Gaza conflict.

According to Red Star News, Duan Yongping's H&H International Investment disclosed Q2 2026 13F holdings totaling $191.01 billion on August 16. The portfolio of 18 companies includes top holdings in Apple ($78.4B, 41.05% of portfolio), Berkshire Hathaway B shares ($46.2B, 24.18%), and PDD Holdings ($19.1B, 9.99%). In Q2 adjustments, Duan reduced Apple by 1.85 million shares and sold 7.56 million Nvidia shares. He fully exited TSMC and Crowdstrike, while adding 5.27 million PDD shares (up 26.71%)

According to Michael Saylor's Aug. 16 X post, Strategy Inc.'s STRC preferred stock gained 9% over one year through Aug. 14, outpacing Bitcoin's 47% decline by 56 percentage points. The one-year return chart measured performance including cash dividends and distributions. Strategy's other preferred securities showed mixed results: STRD fell 8%, STRF declined 9%, and STRK lost 27%. STRC, a perpetual preferred stock with a variable annualized dividend rate, carries a 12% dividend rate for August, p

Bybit has launched UNITREEUSDT and MOONSHOTUSDT perpetual contracts, offering traders price exposure to Chinese robotics company Unitree and AI startup Moonshot AI before their potential public listings. The USDT-settled contracts allow long and short positions without equity ownership, voting rights or dividends. Bybit's traditional-finance perpetual lineup has grown to over 200 products since April, covering stocks, ETFs, commodities and pre-IPO companies.

According to Galaxy Research, over 10 cryptocurrency theft groups exploited COLDCARD wallet vulnerabilities to steal approximately 1,700 BTC recently, with the largest group stealing over 1,080 BTC. The attackers were distinguished based on transaction patterns including fee strategies, transfer timing, and destination addresses. Several of the largest groups reportedly still hold most of the stolen BTC.

According to CryptoQuant analyst Darkfost, whale-size withdrawals of UNI from Binance have reached a five-year high, with the top 10 withdrawal transactions averaging 7,300 UNI per day. Daily accumulation by this trader group currently averages 5,600 UNI, indicating large investors are accumulating the token at lower levels. UNI has declined over 93% from its 2021 peak of $43 to around $3.

According to Galaxy researchers, attacks targeting Coldcard hardware wallets remain ongoing as of August 16. Coldcard users are advised to remain vigilant and verify their device settings. Researchers are actively assisting affected victims and collecting intelligence on attackers. Those who have lost funds and seek assistance in tracking stolen assets can contact the research team directly via private message.

According to CoinDesk, UBS significantly increased its call options exposure on BlackRock's Bitcoin spot ETF (IBIT) in Q2, raising holdings from 800,000 to 1.95 million contracts, a 24-fold increase, as reported on August 16. The Swiss bank also raised direct IBIT holdings by approximately 12% to 407,890 shares, valued at approximately $13.6 million.