Gate Crypto Flash News and Market Updates

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

According to Kitco News, Aakash Doshi, Head of Gold Strategy at State Street Investment Management, said gold surged roughly 15% in August, marking its best monthly performance since January 1999. Spot gold last traded at $4,621.30 per ounce, down 0.79% on the day. Doshi told Kitco News that $5,000 per ounce is firmly back in play by year-end, with State Street's base-case range now set at $4,750 to $5,500 by early next winter. He added that $10,000 gold is ultimately a question of timing rather

According to Foresight News, Nasdaq-listed Hyperliquid Strategies Inc (ticker: PURR) raised $647 million through committed equity financing and increased its HYPE token reserves to 29.3 million from 12.5 million as of June 30, 2026. Total assets reached $2.06 billion, with HYPE holdings valued at $1.904 billion and shareholder equity at $1.873 billion with zero debt. Net income for the fiscal year was $305.5 million, primarily driven by $709.9 million in unrealized gains on HYPE tokens.

Today, 1inch Network unveiled its inaugural biannual bug bounty transparency report in partnership with HackenProof, examining security activities in the first half of 2026. The initiative covers six primary HackenProof bug bounty programs that collectively received 1,055 submissions from security researchers, resulting in 32 validated payouts across various severity levels. The Aqua program, 1inch's newly introduced shared liquidity layer, attracted the highest engagement with 472 reports from

According to ChainCatcher, Bitcoin's Realized Cap Impulse indicator turned positive on August 20 after 93 consecutive days of negative values, the longest capital contraction cycle since the 2022 bear market. The indicator, which tracks changes in realized capitalization momentum combined with supply and price factors, measures whether actual economic capital flows are expanding Bitcoin's capital base. The indicator broke above zero when BTC was trading around $73,000 and has maintained positive

According to Interface, Pinduoduo donated 10 million CNY through the China Charity Federation today to support emergency relief efforts in Tibet's Jilong region. The funds will be used to procure disaster relief supplies and equipment, provide shelter for affected residents, and support post-disaster reconstruction. Pinduoduo committed to continue monitoring the situation and coordinate with national emergency systems to ensure follow-up support.

According to Jieface News, Alibaba announced an additional 10 million yuan ($1.4 million) donation to support emergency rescue, transitional settlement, and post-disaster reconstruction efforts in Jilong County, Shigatse, Tibet.

According to CoinDesk, Core Lightning developers issued an emergency warning on August 27 after discovering multiple real vulnerabilities in AI-generated security reports. The team recommended operators restart the software in "--offline" mode, which halts communication with other Lightning Network nodes while keeping the software running. Developers will release signed patches first, with technical details to be disclosed after two weeks.

Canada's current account balance swung to a surplus of CAD 8.836 billion in the second quarter, significantly exceeding the CAD 3.9 billion forecast and reversing from the previous quarter's deficit of CAD 7.18 billion. The stronger-than-expected result marks a sharp reversal from Q1's CAD 7.18 billion deficit.

According to the U.S. Department of Labor, continuing jobless claims for the week ending August 15 came in at 1.778 million, below the forecast of 1.792 million and down from 1.799 million the prior week.

U.S. initial jobless claims for the week ending August 15 came in at 1.778 million, below the forecast of 1.792 million and down from the prior week's 1.799 million.

U.S. wholesale inventories rose 1.3% month-over-month in July, according to initial data, surpassing the forecast of 0.2% growth and matching the prior month's reading of 0.2%.

The U.S. merchandise trade deficit in July widened to $118.8 billion, exceeding economists' forecast of $100.5 billion and deteriorating from June's $101.5 billion deficit. The larger-than-expected shortfall reflects increased imports relative to exports during the month.

U.S. initial jobless claims fell to 203,000 for the week ending August 22, below the expected 208,000 and down from the prior week's 206,000, according to Department of Labor data.

According to Jin10, Federal Reserve official Austan Goolsbee stated that inflation control remains the biggest short-term concern. He noted that the current labor market is unusual, characterized by low hiring and low layoffs, while three-month inflation data appears manageable.

According to Odaily, the White House said today that currently no negotiations are underway on Iran, with all options remaining on the table.

According to SolanaFloor, Solana's double-deflationary proposal reached quorum 27 hours before the end of voting, with a current participation rate of 33.84%, of which 25% voted in favor. If approved, Solana's deflationary rate will double to 30%, reducing SOL issuance by approximately 18.9 million tokens over six years, equivalent to about $1.47 billion at current prices.

According to The Information, Polymarket has partnered with Nasdaq-listed sports data provider Sportradar to gain access to official data and livestream content from over 20 sports associations. The expanded collaboration will bring real-time official sports information to prediction markets on the platform, reducing latency in live match data transmission and enhancing user trading experience.