Gate Crypto Flash News and Market Updates

Brent crude oil expanded its intraday gain to 1.00% today, trading at $92.63 per barrel.

According to BlockBeats and the bank's statement, Chiyu Bank (招商永隆银行) required mainland investors to submit compliance declarations today, August 21, as part of regulatory adjustments aligned with Hong Kong Monetary Authority and Securities and Futures Commission guidelines. The bank identified accounts with zero asset balances as of May 22, 2026, and no trading activity over the past 12 months as "inactive zero-balance accounts." Customers must submit an "Inactive Account Declaration" through t

According to MANTRA, on August 21, the Cosmos EVM module security incident has been contained, with the root cause identified and threats controlled. The incident affected only two wallet addresses within the Cosmos EVM module and resulted in no user fund losses. The team stated the chain suspension and forthcoming security patch are precautionary measures to mitigate further risk to users and on-chain assets. The team is conducting testing on repair solutions and expects to resume chain operati

WTI crude futures rose over 1% intraday on August 21, trading at $87.08 per barrel.

According to the White House, President Trump signed a memorandum on August 21 to enhance U.S. space transportation infrastructure, aiming to support over 1,000 annual launch and re-entry missions by 2030. NASA was also directed to develop commercial lunar logistics architecture and explore commercial robotic and crewed missions to Mars. Separately, Trump reiterated that Iran will never acquire nuclear weapons and stated, "We control the Strait of Hormuz. We have no choice. Even if I had to do i

According to PANews, on August 21, United Stables, Venus Protocol, and Asseto Finance launched a $U fixed-term vault on BNB Chain featuring a target annual yield of 2.16%, a one-month term, and a 500,000 $U capacity limit.

According to CoinGecko, Upbit's 24-hour trading volume surged 244.8% to $1.706 billion on August 21. XRP/KRW dominated won-denominated trades with a 24.49% volume share, followed by BTC, USDT, ETH, and ONG.

Tencent repurchased shares worth HKD 300.3 million on August 21.

According to PANews, WLFI co-founder Zach Witkoff clarified today that the court has not issued any ruling in the lawsuit against Justin Sun. Witkoff stated that WLFI never requested arbitration for personal claims, and the company's motion to dismiss those claims remains pending court decision.

According to BlocksBridge Consulting data reported by Cointelegraph, nine publicly-listed Bitcoin mining companies invested $5.11 billion in AI and high-performance computing infrastructure during the first half of 2026, generating only $341.2 million in AI and HPC revenue—a roughly 15:1 spending-to-revenue gap. Q2 2026 AI and HPC revenue among these miners rose 52% compared to Q1, driven by Core Scientific, TeraWulf and Bitdeer. HIVE Digital Technologies signed a five-year, $350 million AI clou

According to a peer-reviewed USENIX Security '26 study analyzing transactions through July 15, 2025, attacker-controlled contracts were linked to 63% of Ethereum's EIP-7702 authorization transactions. Researchers reviewed over 22.8 billion transactions across seven blockchains and isolated 3,664,166 EIP-7702 authorizations, manually confirming 924 malicious contracts tied to approximately $2.36 million in confirmed losses. The study also flagged that older smart contracts built before EIP-7702's

According to the US Court of Appeals for the Eleventh Circuit, on August 19, 2026, the court overturned a lower court order that had compelled eight cryptocurrency theft victims into arbitration with Binance. The claimants, who never agreed to Binance's terms of use, allege that stolen cryptocurrency was funneled through the exchange and accuse Binance Holdings, BAM Trading Services, and founder Changpeng Zhao of Racketeer Influenced and Corrupt Organizations (RICO) violations, consumer protecti

Poolin Technology PTE. LTD. and two affiliated companies filed for Chapter 11 bankruptcy protection on July 22, 2026, before the U.S. Bankruptcy Court for the District of New Jersey. The filing revealed estimated liabilities between $100 million and $500 million against assets of only $1 million to $10 million, with creditors spread across 10,001 to 25,000 parties. The bankruptcy court approved bidding procedures on August 17 for substantially all assets. Qualified bids are due September 8, with

According to Guru Club, U.S. diesel crack spreads (refining profit margins) surged to over $100 per barrel on August 21, reaching historic highs. Over the past two months, global refined product profit margins climbed approximately $30 per barrel year-over-year, while global refinery utilization rates declined by nearly 7 million barrels per day, creating a rare supply-demand mismatch in the market.

According to Jin10 Futures on August 21, Mongolia's fuel supply command center reported that Ulaanbaatar's fuel supply has stabilized with reduced vehicle queue congestion, while border imports and rail capacity continue to increase. The government has issued targeted fuel supply tasks to provinces and counties experiencing shortages, simultaneously cracking down on irregular fuel sales practices and introducing intelligent fuel appointment reservation systems. Industrial and Mining Resources Mi

According to ChainCatcher, stablecoin issuer Circle minted 500 million USDC on Solana just now in two transactions of 250 million USDC each, according to on-chain data.

According to Xinhua News Agency, on August 20, China's first container ship docked at Murmansk port in a welcome ceremony marking the successful opening of the country's first container shipping line to the Russian Arctic. The arrival signals the formal launch of regular cargo transport operations between Chinese coastal ports and Russia's largest deepwater port north of the Arctic Circle via the Northern Sea Route.

According to Yonhapinfomax, on August 21, South Korea's interest rate swap (IRS) rates rose across the curve, with longer-dated maturities climbing more steeply than shorter tenors. The 1-year IRS rate increased 0.25 basis points to 3.4625%, while the 3-year and 5-year rates rose 2.50bp and 4.25bp respectively, extending the yield curve. The moves tracked a steepening in U.S. Treasury yields the previous day. Market participants noted that shorter-term segments, already reflecting two consecutiv

According to a Reuters/Ipsos poll ending Aug. 17, 63% of Americans questioned whether President Trump's family appropriately profited from cryptocurrency ventures, while 32% said the earnings were appropriate. The poll surveyed 1,166 U.S. adults with a margin of error of about three percentage points. Trump reported more than $1.4 billion in income from family cryptocurrency ventures during 2025, according to his latest financial disclosure. Those businesses include World Liberty Financial and t

According to ChainCatcher, HSK breaks $0.1094 today, up 21.15% in 24 hours based on HashKey Global's market data.