Gate Crypto Flash News and Market Updates

According to Bloomberg, Citadel executed approximately 100 block trades totaling over $4 billion on Friday (August 21) to unwind the stock portfolio acquired from Situational Awareness, an AI hedge fund that faced margin pressures. The firm has already reduced over 80% of the related portfolio risk, according to a letter Ken Griffin sent to investors. Citadel reached the agreement with Situational Awareness, led by Leopold Aschenbrenner, in late July at a discount exceeding 10%. Griffin stated n

According to BlockBeats and hypeflows data, on August 22, Hyperliquid accounted for 10.2% of global perpetual futures open interest across all major centralized exchanges including Binance, Bybit, and OKX. This marks a slight decline from its peak of 10.4% in late July. HTX market data shows HYPE trading at $77.79, up 2.25% over the past 24 hours.

According to PANews, the Hong Kong Securities and Futures Commission announced on August 22 that it has listed Kong Coins and Kong Fund as suspicious digital token-related investment products. The fund, which the Kong Coins purport to represent stakes in, claims to invest in ancient art and historical artifacts with a target annual return exceeding 30%. The SFC reminded investors to be cautious of any social media accounts or posts related to the product.

According to Onchain Lens, Wintermute deposited 590.9 BTC (approximately $45.66 million) to Binance approximately 43 minutes ago on August 22. The crypto trading firm has accumulated 3,834.3 BTC (approximately $256.8 million) in transfers to Binance this week.

According to Axios, 16 million barrels of oil were transported out of the Strait of Hormuz overnight on August 21.

According to Coinglass data via ChainCatcher, Binance recorded net inflows of 427 million USDT over the past 24 hours.

According to Foresight News, Robinhood Chain announced earlier today that the total value locked (TVL) across protocols on the network has surpassed $1 billion.

According to CoinDesk, prediction market platform Kalshi was forced to halt services to Washington state customers this week following a court ruling that deemed the company's operations an illegal gambling business. Kalshi has filed a motion claiming double standards, arguing that state authorities permit Crypto.com to operate under the same terms while prohibiting Kalshi. Currently, customers in Washington, Michigan, and Nevada cannot access the platform. Kalshi faces legal disputes in at leas

Canadian Prime Minister Chrystia Freeland is scheduled to speak on tariff issues at 11 a.m. Toronto time on August 22.

According to ChainCatcher, Tron founder Justin Sun recently filed a lawsuit against World Liberty Financial, claiming the protocol secretly embedded the ability to freeze user assets without disclosure, governance, or procedural safeguards. The dispute involves $45 million and 4 billion tokens, with Sun alleging the freeze mechanism was activated days after token unlocks. Sun framed the case as a matter of blockchain principle: users should maintain true ownership of their assets without issuer

According to Jin10, U.S. Treasury Secretary Bessent is set to announce details of a new economic isolation plan against Iran on Monday. The plan represents a shift in strategy, moving from military strikes to comprehensive economic pressure through new sanctions, maritime blockades, and increased economic pressure on Iran's trading partners. Analysts note that Iran's Islamic Revolutionary Guard Corps controls the Strait of Hormuz and has previously launched drone attacks toward the Persian Gulf.

According to CryptoQuant analyst Darkfost, Bitcoin's 23% rally over the past three days triggered the largest influx of short-term holder activity to exchanges since February 2026. Bitcoin closed at approximately $78,300 on August 21, up over 7% for the day, with market capitalization increasing by $275 billion. During the rally, approximately 53,000 BTC was transferred to exchanges, with Binance receiving 17,800 BTC. Notably, all BTC flowing into Binance originated from short-term holders with

According to the US Treasury, the agency announced on August 19 that it would at least double its long-term bond buyback operations from $2 billion to a minimum of $4 billion per operation across 10-to-30-year securities, effective September 9. Lower long-duration yields from the buyback expansion pushed capital into risk assets including Bitcoin. The announcement triggered a sharp liquidation event in crypto markets. According to Forbes, $1.74 billion of Bitcoin short positions were liquidated

According to The China Science Board Daily, DeepSeek will adjust its API pricing rules starting August 23, 2026. From that date, weekends (Saturday and Sunday) will no longer distinguish between peak and off-peak periods, with all day unified to off-peak rates. Existing fees generated before the new rule takes effect will be settled under the original pricing standard. Previously, DeepSeek implemented peak-valley pricing where peak-hour rates are double the off-peak rate, with deepseek-v4-pro ou

According to Rosatom CEO Alexey Likhachev, the Russian state atomic energy company has returned 42 specialists to Iran's Bushehr nuclear plant. Likhachev stated that if conditions remain stable, the company plans to increase personnel to 100 by autumn 2026. The facility's situation is currently stable.

According to New York Times, Anthropic is pursuing an initial public offering at a valuation target of up to $2 trillion on August 22. The AI company's revenue has grown rapidly, driven by its Claude Code service for coding assistance. The IPO is intended to support large-scale investments in AI infrastructure and business expansion.

According to GMGN data cited by BlockBeats, the token issuer address behind "Bullcomer" has accumulated 224.17 BNB (approximately $155,000) in fees on August 22. The address has issued 12 tokens to date, including a new token released 20 hours prior.

According to PANews, on August 22, Ark Invest founder Cathie Wood warned that the high-bandwidth memory (HBM) trend may be temporary and cyclical in nature. She noted that HBM is the most commodity-like segment in the semiconductor supply chain, while companies like Cerebras and Groq have demonstrated viable alternatives without relying on HBM. Wood emphasized that in the tech sector, prices tripling, quadrupling, or soaring tenfold are typically negative signals rather than signs of healthy mar

According to Reuters, OpenAI announced yesterday (August 21) that it will reduce GPT-5.6 Sol API pricing by over 20% within three months to compete with Anthropic and Chinese AI models. Input Token costs for standard context will drop from $5 to $4 per million, while output Token costs fall from $30 to $20 per million—a 33.3% reduction for output tokens. The price cuts apply to API, ChatGPT Work credits, and Codex, though Pro, Plus, and Business subscription plans remain unchanged.

According to Iran's Oil Ministry official website Shana, South Pars phase 14 gas processing facility has completed 70% of repairs as of August 22. Touraj Dehqani, CEO of Persian Oil and Gas Company, stated the facility will resume full operation by year-end, with damaged sections fully reintegrated into production cycles.