Gate Crypto Flash News and Market Updates

According to PANews, on Aug 23, Ruby on Rails founder and 37signals co-founder DHH announced the establishment of the Omacom Foundation, a non-profit organization that raised $8 million in seed funding to support Omarchy infrastructure and open-source development. Eight initial donors contributed $1 million each, including Shopify CEO Tobi Lütke, Stripe CEO Patrick Collison, Dell Technologies CEO Michael Dell, Block board chair Jack Dorsey, Cloudflare CEO Matthew Prince, Oculus co-founder Brenda

According to a study by Vietnamese researchers Pham Ngoc Toan, Le Tran Trung Hieu, and Nguyen Vu Trung Nguyen published in MDPI, bitcoin mining operations show statistical correlation with operational shifts to Russia as EU carbon pricing rises. The research analyzed daily power sector emissions from 2019 to 2025 and found that mining companies with hardware in both jurisdictions shut down EU equipment and activate Russian rigs during peak carbon allowance price periods to maximize profits, rath

According to BlockBeats, on-chain monitoring platform OnchainLens detected FalconX transferring 80,200 HYPE tokens worth approximately $6.27 million to a centralized exchange on August 23, potentially indicating a planned sale.

According to the U.S. Treasury Department, U.S. national debt surpassed $40 trillion for the first time on August 20, reaching $40.0332 trillion. The 2026 fiscal deficit widened to $210 billion, equivalent to 6% of gross domestic product, triggering a surge in Treasury supply. The 30-year Treasury yield hit a 19-year high as a result.

According to CryptoQuant analyst Darkfost, altcoin market cap increased by $215 billion from Aug 19–22, marking a 24% gain and pushing the sector past the $1 trillion milestone in just three days.

According to Onchain Lens, FalconX transferred 802,000 HYPE tokens to Gate yesterday (August 22), valued at $6.27 million.

According to Seoul Economic Daily, as of August 21, gold prices rebounded to $4,680 per ounce, up 17.25% in one month, while gold-mining ETFs surged 40% within the same period. The Wisdomtree Efficient Gold + Gold Mining Strategy ETF (GDMN) gained 47.60%, while the iShares MSCI Global Gold Miners ETF (RING) rose 42.85%. The Van Eck Gold Miners ETF (GDX) and Global X Gold Explorers ETF (GOEX) each climbed 38.60%. Gold prices had dropped to a low of $3,992 per ounce in July before recovering. The

According to Korea Exchange, KOSPI's daily average turnover rate fell to 0.56% as of August 23, marking the lowest level so far this year. Despite semiconductor leaders Samsung Electronics and SK Hynix driving a rebound in the index, investor sentiment remains subdued, with trading volumes continuing to decline. The reluctance of institutional and retail investors to participate in the market reflects ongoing caution in South Korea's equity market.

Ukraine's defense ministry faces a funding shortfall of $27 billion this year, according to President Volodymyr Zelenskyy. The disclosure highlights ongoing financial pressures on Kyiv's military operations.

According to Seoul Ekonomi, as of August 20, 45 out of 1,161 listed ETFs in South Korea held assets below 50 billion won, representing approximately 3.9% of the market. Under current regulations, ETF products with original capital below 50 billion won for one month after one year from launch can trigger liquidation proceedings. Recent examples include Hana Asset Management's PLUS Global AI Infrastructure, slated for delisting on August 27, and KB Asset Management's RISE 5-Year Treasury Futures T

According to TradingBeats, Huang Licheng ("Machi") reduced his ETH long position by approximately $1.02 million on August 23. His remaining ETH long holds a value of $68.77 million with an entry price of $2,357 and a liquidation price of $2,189.8, generating unrealized gains of $1.59 million.

According to Iraq's President Amidie on August 22, some oil tankers carrying Iraqi crude have been permitted to pass through the Strait of Hormuz. The statement came following Amidie's communications with visiting Iranian Parliament Speaker Kalibaev, during which Iraq conveyed a message regarding reassessing bilateral relations with Iran.

According to Seoul Economic Daily, after strengthened regulations on single-stock leveraged ETFs took effect on July 31, investors in their 40s purchased the most of the products, with net inflows of 14.87 billion Korean won through August 20. Analysts attribute this to 40-year-olds having relatively more liquid cash after margin requirements increased from 10 million to 30 million Korean won. Investors in their 50s and 30s purchased 7.87 billion and 5.37 billion Korean won worth respectively. D

According to ChainCatcher, Robert Kiyosaki, author of "Rich Dad Poor Dad," warned on X that the U.S. Federal Reserve's new quantitative easing policy could erode the U.S. dollar's purchasing power and further increase inflation risk. Kiyosaki stated that those holding cash savings in dollars face the greatest losses, and advised investors to avoid relying on depreciating fiat currency and instead focus on assets capable of appreciating over time.

According to BlockBeats, citing HODL15Capital data, Bitcoin sell orders accumulated near the $80,000 level on major exchanges on August 23. Binance held approximately $13.2 million in sell orders at the $80,000 mark, alongside $31.98 million at $79,945 and $33.27 million at $82,500. Coinbase had roughly $38.74 million in orders near $80,000. HODL15Capital noted that many of these orders have been active for extended periods, with some at Binance's $80,000 level existing for about 99 days and tho

According to Seoul Economic Daily, LG U+ reported first-half 2026 operating profit of 616.7 billion won, up 10.1% year-over-year, with net income rising 3.7% to 393.7 billion won. The telecom operator's service revenue reached 6.06 trillion won, growing 2.9%, reflecting strength in mobile and smart home services. The company's AI Data Center (AIDC) business accelerated, with H1 revenue up 28.9% to 124.1 billion won driven by colocation services. LG U+'s flagship Paju facility, a 200-megawatt com

B.AI has launched DeepSeek's new multimodal model DeepSeek-V4-Flash-Vision-Exp today, making it freely available to all users via API. The model extends DeepSeek-V4-Flash's text and code capabilities with native image understanding, delivering multimodal performance approaching Claude Opus-4.8. It supports mixed image-text input and 1M-token context window. Image input is charged per token with a maximum of 384 tokens per image. Users can access the model at no cost through the B.AI platform.

According to Seoul Economic Daily, NextTrade's trading volume limit exemption expires in early September, putting the alternative exchange's listed stocks at risk of further reduction. The exchange has already shrunk its trading targets from 796 stocks in March 2025 to 610 stocks, a decline of 186 stocks or 23.4%. Current regulations cap individual stock volume at 30% of South Korea's main exchange and overall market volume at 15%. When the exemption ends on September 2, the stricter 30% per-sto

According to F&Guide, LG Uplus' consensus target stock price reached 20,139 won on August 23, suggesting 35% upside from the August 21 close of 14,870 won. Analysts cited improved profitability in core telecom operations and cost efficiency gains. BNK Investment Securities and KB Securities projected full-year operating profit of 1.13 trillion to 1.165 trillion won. The company aims to maintain a dividend payout ratio exceeding 40% and raise total shareholder returns to 40-60%, with dividend yie

According to ChainCatcher, a whale leveraging long positions on ETH and BTC charged 3000 ETH worth $7.24 million to Binance 4 hours ago on Aug 23, realizing profits of $1.91 million. The whale executed the deposit at an average price of $2,413.4, compared to an average exit price of $1,776.83. Since Aug 19, the whale has cumulatively deposited 13,887.15 ETH to exchanges, generating total profits of $6.727 million.