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
09:57

Hyperliquid's HyperCore Manual Borrowing Feature Launches on Testnet Today

According to BlockBeats, Hyperliquid's HyperCore manual borrowing feature launched on testnet today (August 26). The company's co-founder Jeff Yan announced the update, noting that mainnet borrowing remains limited to portfolio margin mode for now. HyperEVM smart contracts can now access HyperCore's lending functions through CoreWriter and read-only precompiled contracts.
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HYPE-0.12%
09:52

Bangladesh Moves to Procure Up to 24 Chinese J-10CE Fighter Jets, Says Policy Advisor on August 26

According to Bloomberg and Reuters, Bangladesh confirmed on August 26 (local time) that it has finalized contract terms to procure Chinese J-10CE fighter jets. Zahed Ur Rahman, policy and strategy adviser to Bangladesh's government, announced the decision at a press briefing in Dhaka, though specific purchase quantities and costs were not disclosed. Local media reports suggest the government is considering acquiring up to 24 aircraft. The J-10CE gained international attention following its deplo
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09:49

South Korea's Joint Task Force Raids Hanmi Accounting Firm Over Non-Public Information Allegations

According to South Korean financial industry sources, the Joint Task Force for Stock Price Manipulation Eradication—jointly established by the Financial Services Commission, Financial Supervisory Service, and Korea Exchange—conducted a search and seizure at Hanmi Accounting Law Corp's Seoul office on August 25. The raid targets suspected misuse of non-public information for unfair gains.
09:49

Aggreko Files for U.S. IPO at $15B Valuation, Oura Health Follows in September

According to Bloomberg on August 25, UK-based Aggreko filed for a U.S. initial public offering with an expected post-listing valuation of around $15 billion. Finland's Oura Health plans to list on the New York Stock Exchange as early as September, targeting up to $3 billion in IPO proceeds. The moves reflect a broader trend of European companies shifting to American markets, where Oura and Aggreko cite higher valuations and deeper liquidity compared to European exchanges.
09:49

MINIMAX Reports H1 2026 Revenue of $117M, Up 283.1% Year-over-Year

According to BlockBeats, MINIMAX reported H1 2026 revenue of $117 million, up 283.1% year-over-year, on August 26. The company posted a net loss of $358 million, representing an 11% decline compared to the same period last year, while gross profit reached $20.8 million, surging 464.8% year-over-year.
09:47

Iran Shifts Military Strategy From Defense to Offense on August 26, Upgrades Armed Forces Capabilities

According to Jin10 and Iranian military spokesman Mohammad Akraminia on August 26, Iran has upgraded its military capabilities and plans to shift its strategy from defense to offense to counter potential U.S. attacks. Akraminia stated that Iran conducted multiple preemptive strikes during the final stage of the conflict, including an attack on a U.S. military base in Jordan that effectively deterred further American aggression. He added that Iran has made significant progress in rebuilding infra
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09:45

Gold Hits Three-Month High While U.S. Yields Reach 19-Year Peak, Up 15% This Quarter

Gold prices recently reached a three-month high while U.S. Treasury yields climbed to a 19-year high, reversing the traditional inverse relationship between the two assets. The precious metal surged 15% despite rising interest rates. Gold-related exchange-traded funds (ETFs) have attracted increasing individual investor inflows, according to market observations.
09:45

Ray Dalio Suggests Diversifying Into Bitcoin and Gold as U.S. Debt Hits $40 Trillion on August 21

According to Ray Dalio's latest essay released on August 21, the billionaire hedge fund manager and Bridgewater Associates founder suggested diversifying into gold and Bitcoin to hedge against government debt crises. Dalio recommended investors 'overweight gold and a bit of Bitcoin' while underweighting debt assets like bonds, citing concerns about major economies including the U.S., U.K., Europe, and Japan facing similar debt and deficit challenges. The recommendation comes as U.S. national deb
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BTC-1.60%
09:45

Bitcoin Short Positions Hit With $1.7B Liquidations in 24 Hours as BTC Flirts With $70K

According to Coinglass, $1.7 billion in short positions were liquidated in the past 24 hours on Wednesday as Bitcoin flirted with $70,000. The vast majority of those liquidations, $1.5 billion, occurred in the past four hours. Bitcoin briefly traded as high as $69,000 before settling at $68,253 after a 5% jump over 24 hours. The price surge follows months of low volatility and was supported by U.S. Treasury plans to increase government debt repurchases, which reduced long-term yields and boosted
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BTC-1.60%
09:45

BlackRock Maintains Bitcoin Bullish Stance as BTC Down 50% From October Peak

According to BlackRock's report on Monday, the world's largest asset manager said Bitcoin remains a strategic "global monetary alternative" and important portfolio diversifier despite a near 50% decline from its October all-time high of $126,080. Robert Mitchnick, global head of digital assets at BlackRock, noted that rising government debt and deficits reinforce the case for assets with supply constraints beyond central bank discretion, such as Bitcoin. BlackRock's iShares Bitcoin Trust, approv
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BTC-1.60%
09:45

Bitcoin Surges Past $68,000 on Wednesday After U.S. Treasury Doubles Debt Buybacks

According to U.S. Treasury, Bitcoin surged past $68,000 on Wednesday, reaching $68,982 during intraday trading after the department announced plans to more than double the size of its government debt repurchases. The cryptocurrency climbed nearly 3% over the 24-hour period and is up over 3% for the week. The Treasury cited pressure in fixed income markets and rising yields as reasons for the expanded buyback operations. Lower long-term yields reduce the opportunity cost of holding non-yielding a
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BTC-1.60%
09:44

Cypher Tank 2026 Applications Open; Expands to 12 Finalists Competing for $300K in Bitcoin Innovation Prizes

According to Plan ₿ VC Fund and Plan ₿ Foundation, applications for the 2026 Cypher Tank Bitcoin-focused pitch competition opened on August 13 and will close September 25. The competition expands this year's finalist field to 12 projects---eight for-profit and four nonprofit---up from eleven finalists in 2025, with participants competing for direct investment and three $100,000 prizes in incubation, acceleration, or relocation services. The finals run October 25-27 at PoW Space Lugano, immediate
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BTC-1.60%
09:43

Ethereum Glamsterdam Upgrade Recalibrates Gas Fees; Developers Urged to Audit Contracts

According to the Ethereum Foundation, Ethereum developers must audit gas assumptions ahead of the Glamsterdam upgrade, which will adjust gas fees for state-related operations through two proposals: EIP-8037 and EIP-8038. EIP-8037 increases the cost of creating new state—covering accounts, storage slots, and bytecode—while EIP-8038 raises the cost of accessing existing state through operations like SSTORE, SLOAD, and cold account access. The repricing aims to align gas costs with actual computati
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ETH-1.47%
09:41

AMD Raises $4.75B in Debt as Q2 Revenue Hits Record $11.536B, Up 50% Year-Over-Year

According to its August 2026 filings, AMD raised $4.75 billion in senior notes on August 17, closing total debt to roughly $8 billion from $3.25 billion reported in its Q2 10-Q. The debt issuance features four tranches maturing between 2029 and 2036, with coupons ranging from 4.600% to 5.500%, adding approximately $240 million in annual interest expense. AMD's second-quarter results, reported on August 4, showed record performance with revenue of $11.536 billion, up 50% year-over-year, and non-G
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09:41

Netanyahu States No Diplomatic Agreement Possible With Iran After Trump Meeting on August 26

According to Jin10 data, Israeli Prime Minister Netanyahu stated on August 26 that he sees no possibility of reaching a diplomatic agreement with Iran following talks with U.S. President Trump. Netanyahu made the remarks as Trump intensifies economic pressure on Tehran. Tensions around Lebanon remain elevated, with Iran accusing Israel of violating ceasefire terms while Israel claims its military actions respond to violations by Iran-backed Hezbollah.
09:38

Dollar-Won Falls to 1,384.80 on August 26 as US-Iran Ceasefire Eases Tensions

According to Yonhapinfomax, the US-Iran ceasefire agreement eased tensions on August 26, sending the dollar-won exchange rate down to 1,384.80 won by 3:30 p.m. Seoul time, a decline of 1.30 won from the previous day's close of 1,386.10 won. The ceasefire news, which included a free passage agreement in the Strait of Hormuz, triggered a drop in international crude oil prices. October WTI crude fell 1.8% to around $80 per barrel in Asian trading. The won also gained support from reduced foreign in
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