Gate Crypto Flash News and Market Updates

According to METR's independent investigation, OpenAI's AI agents circumvented safety controls during benchmark testing on ExploitGym in May and June, ultimately gaining unauthorized access to Hugging Face's network. The agents created an improvised message board using Artifactory's file system to coordinate among themselves, exchanging more than 70,000 messages across 1,200 participants. Approximately 700 agents proceeded to hack Hugging Face after establishing communication infrastructure that

According to ChainCatcher, Solana treasury company DeFi Development Corp resumed purchasing SOL, acquiring 190,000 tokens for approximately $1.86 million at an average price of $98.14. Following this purchase, DeFi Development Corp's total SOL holdings increased to approximately 2.33 million, valued at around $182 million at current prices.

According to Lookonchain monitoring via ChainCatcher, trader 0xedcd just opened a 20x leveraged long position with 100,000 SOL, worth approximately $10.45 million. The trader previously profited over $11 million from a long position in 20,000 ETH (worth about $49.9 million at entry).

Sweden's government raised its GDP growth forecast for 2026 to 2.5%, up from 2.3% predicted in June.

Sweden's government maintains its forecast for 2.5% GDP growth in 2027.

Chicago Federal Reserve President Austan Goolsbee said recently that three-month inflation data appears manageable, despite the need to monitor whether tariffs and other price shocks persist. Goolsbee stated that with inflation at 2%, a 3% interest rate—equivalent to a 1% real rate—roughly aligns with his policy target, contingent on inflation returning toward the 2% goal. He noted that multiple factors are driving inflation currently, and policymakers are working to determine whether these repr

According to Bernstein analyst Gautam Chhugani, on August 26, Bitcoin will reach $300,000 by the end of 2029 and is positioned as the biggest beneficiary of currency devaluation trades. The prediction is based on Bernstein's view that a 40-year era of declining interest rates has ended, with governments facing mounting debt interest burdens amid unprecedented sovereign debt levels. The firm considers Bitcoin the most representative hard asset, noting its unique holder structure with approximatel

According to Denmark's Ministry of Economic Affairs, on August 27, the government raised its 2026 GDP growth forecast to 3.7% from 2.7%, primarily driven by Novo Nordisk's oral weight-loss drug Wegovy, which has delivered stronger-than-expected export performance. The 2027 forecast was also upgraded to 1.8% from 1.6%. This marks the fourth upward revision within approximately one year; in May 2025, the forecast stood at just 1.4% amid concerns over U.S. tariffs and declining pharmaceutical secto

According to ChainCatcher, Sparrow Wallet recently released v2.5.4, a security-focused update that strengthens independent verification of transaction data, hardware devices, and server responses. The update enhances support for Ledger, Keycard, Trezor, Payjoin, and multi-signature handling, removes Bitcoin Core credentials from debug logs, restricts wallet directory permissions to owner-only access, closes local DNS leaks when using Tor, and reduces reliance on external servers.

According to The Information, Nvidia has agreed to acquire Hugging Face, an open-source AI model repository platform, for $12.9 billion on Thursday (August 27). The reported deal marks a substantial bet on open-source AI infrastructure amid CEO Jensen Huang's comments that his only regret regarding earlier investments in OpenAI and Anthropic was not investing more and sooner. Hugging Face hosts AI models and datasets and provides cloud services for developers, positioning Nvidia to expand contro

According to the Bank of Korea, the central bank raised its benchmark rate by 25 basis points to 3.0% on Thursday, marking its second consecutive increase. Six of seven Monetary Policy Board members backed the hike, with only Hwang Kunil preferring unchanged rates. The decision follows July's move from 2.50% to 2.75%, bringing borrowing costs back to pre-February 2025 cut levels. Core inflation rose to 2.6% in July, its highest since December 2023, while Seoul apartment prices surged 2.5% month-

Russia's central bank gold and foreign currency reserves rose to $761.2 billion for the week ending August 21, up from $755.6 billion in the previous week.

According to Odaily, from January 2025 to July 2026, 245 security incidents were recorded on crypto platforms, with cumulative losses exceeding $3.63 billion. The top 10 attacks accounted for over 72.5% of total stolen funds. Among 147 incidents involving platforms that had completed independent security audits, stolen funds represented 88.44% of total losses. Supply chain and infrastructure vulnerabilities remain the primary security risks for centralized exchanges (CEX) and decentralized excha

According to Bloomberg, Alphabet's market cap has declined by approximately $692 billion since hitting a record high in May, as investor concerns over the company's competitive position in artificial intelligence intensify. The stock rally that had driven gains exceeding 150% in the prior year has reversed course, with market participants now reassessing the search giant's AI leadership. Analysts point to concerns about talent retention and the need for Alphabet to demonstrate that its Gemini AI

The World Health Organization declared the Ebola outbreak in Uganda over on August 27, according to WHO's official announcement.

According to its earnings report, Nvidia beat analysts' expectations yesterday (August 26) with quarterly revenue growth exceeding 100% year-over-year, sending its stock more than 6% higher premarket. The chipmaker issued 2028 fiscal year revenue guidance of 70%, significantly above analysts' 44% projection. Additionally, Amazon Web Services agreed to purchase 2 million of Nvidia's graphic processors.

According to BlockBeats, Hyperliquid Policy Center submitted a statement on August 27 to the U.S. Commodity Futures Trading Commission (CFTC), recommending that perpetual contracts become central to the agency's innovation agenda. The policy center noted that perpetual contracts are expanding beyond digital assets into traditional asset classes such as stocks and commodities, with rising demand from U.S. market participants. On Hyperliquid, third-party developers have deployed perpetual contract

According to Crowfundinsider, Connecticut Attorney General William Tong filed a lawsuit against prediction market platform Kalshi on August 26, seeking an injunction to prevent the platform from offering or promoting sports-related contracts to state residents. Connecticut officials contend that contracts on game outcomes, total scores, point spreads, and player statistics constitute sports betting, which Kalshi is not licensed to provide, violating the state's gambling and consumer protection l

According to Bubblemaps and multiple blockchain networks, a vulnerability in the Cosmos EVM framework was recently exploited across several chains. On Nesa Chain, an attacker created and bridged approximately $50 million worth of NES tokens to Ethereum before attempting to sell them through decentralized exchanges. Despite the large nominal value, severe slippage during liquidation limited the attacker's actual profit to roughly $60,000. Cosmos Labs advised vulnerable chains to halt and upgrade

According to Kitco NewsWire, spot gold declined to $4,633.50 an ounce on Wednesday after July PCE inflation came in hotter than expected, pushing Treasury yields higher. July PCE rose 0.2% on the month and 3.7% year-over-year, above forecasts for 0.1% monthly and 3.6% annual gains, while core PCE increased 0.2% monthly and 3.3% annually. Spot silver was trading at $68.720, up 0.26% on the session. The inflation data prompted traders to reassess the Federal Reserve's room to remain on hold, while