Gate Crypto Flash News and Market Updates

According to SBI Holdings, stablecoin neobanking platform Fasset raised $68 million in a Series C funding round led by Japan's SBI Group on Monday, reaching a $1 billion valuation. The round comes just three months after Fasset's $51 million Series B in May, bringing the company's 2026 fundraising total to $119 million. Fasset reported $40 billion in annualized transaction volume, serving more than 3 million wallets across 125 countries. SBI said Own Network, Fasset's infrastructure connecting b

According to HTX, BNB breaks $700 today (August 24), trading at $700.10 with a 0.21% gain over the past 24 hours.

According to MSX.COM data, major U.S. stock indices showed mixed performance at market open on August 24. The Dow Jones Industrial Average rose 0.13%, while the S&P 500 fell 0.25% and the Nasdaq-100 declined 0.57%. The VIX volatility index surged 4.69%. AI-related stocks led the decline, with Astera Labs falling 5.84%, Teradyne dropping 5.16%, Marvell declining 4.78%, Micron down 4.61%, and Arm slipping 3.9%.

According to Gate, gold rose to $4,675.87 per ounce with a 1.46% intraday gain on August 24. Silver climbed to $69.698 per ounce but declined 0.29% during the same period. WTI crude oil fell 0.55% to $86.62 per barrel, while Brent crude gained 0.28% to $93.83 per barrel.

According to Odaily, Twitch is facing a class action lawsuit filed last week in Northern California federal court, with plaintiff Warren Pandiscia, a streamer with roughly 1,000 followers, alleging the platform used creator livestreams, clips, chat logs, and photos to train parent company Amazon's AI models without consent or compensation. The 37-page complaint accuses Twitch of violating creators' implied agreements and California's unfair competition laws. The lawsuit marks the first public co

According to Coinglass data, on August 24 at 21:51 UTC, 30 million USDT were transferred out of Binance to an unknown wallet.

According to BlockBeats, on August 24, Applied Optoelectronics (AAOI) crashed 17.47% following its announcement of a $600 million at-the-market (ATM) offering, dragging the broader optical communications sector lower. The stock sale agreement, signed on August 21 with Raymond James and Needham & Company, allows the company to sell shares at market prices in batches to fund business expansion, with no obligation to complete the offering and the option to suspend or terminate at any time. The sect

Houthi militants claimed to have attacked a ship near Yanbu, Saudi Arabia, earlier this week. Saudi authorities have not yet confirmed the incident.

According to its 13F filing, Thiel Macro disclosed eight U.S.-listed holdings worth $418.7 million as of the end of the second quarter, with the fund concentrating its portfolio on energy companies and AI infrastructure plays. Amazon was the only technology company in the portfolio at approximately $118 million, or roughly 28% of disclosed holdings, providing direct exposure to the AI infrastructure boom through Amazon Web Services. The remaining positions were concentrated in oil, electricity g

According to on-chain data, USDC Treasury minted 250 million USDC on the Solana blockchain today (August 24) at 21:46 Beijing time.

According to Aptos co-founder Avery Ching, the Aptos testnet surpassed 10 billion transactions on August 22, amid proposal AIP-147 to manage testnet storage growth. The proposal would reset the testnet no more than once every six months, with developers and infrastructure providers receiving one month advance notice before each reset. The reset mechanism would apply exclusively to the testnet and would not affect the Aptos mainnet. A defined reset schedule is intended to control storage accumula

According to PANews, citing Trump's Truth Social post on August 24, Trump announced that effective January 1, 2027, he will raise tariffs on all Canadian automobiles, trucks, auto parts, and steel to 50%. Trump cited Canada's long-standing high tariffs on U.S. agricultural products and approximately $60 billion in bilateral trade deficit as justification. Products manufactured in the United States would be subject to zero tariffs.

According to Yonhap Infomax, the USD/KRW exchange rate traded at 1,384.50 won in New York on August 24, down 2.00 won from the previous day's close. The rate marked its lowest level in 11 months since September 17, 2024. Selling pressure from exporters and offshore investors ahead of month-end outweighed import settlement demand, driving the won stronger.

According to Seoul Economic, on August 24, Samsung SDI shares rose 7.74% to close at 515,000 won, driven by the company's announcement to sell its Samsung Display stake for approximately 4.45 trillion won. The proceeds are expected to fund battery factory expansion in Indiana, including the SynergyCell facility. Analyst Park Hyun-soo from Shinhan Securities noted the financing clarifies funding for North American energy storage system (ESS) battery production, with SynergyCell's planned conversi

U.S. stock indexes opened lower on Monday (August 24), with the Nasdaq Composite declining 0.52% and the Philadelphia Semiconductor Index falling 2.18%. Weakness in technology and chip stocks offset gains from declining U.S. Treasury yields. Markets remained cautious as investors awaited details on U.S. sanctions against Iran, Nvidia earnings, key inflation data, and Federal Reserve Chair Kevin Warsh's speech at Jackson Hole on Friday. The Dow Jones gained 0.17% to 53,367.94, while the S&P 500 d

According to Jin10, Iran's rial has depreciated nearly 10% over the past two weeks as of August 24. Central Bank Governor Abdolnasser Hemmati stated in a televised address that the currency decline is merely a temporary phenomenon and that volatility is expected. Hemmati attributed economic pressures to U.S. political messaging, expressing confidence that conditions would improve.

According to Russian Presidential Spokesperson Peskov on August 24, the UK's plan to transfer cruise missile production technology to Ukraine is adding fuel to the fire, with Russia offering an extremely negative assessment. British Prime Minister Keir Starmer is visiting Ukraine on August 24 and is expected to transfer technology information related to UK components of cruise missiles.

According to BlockBeats, on August 24, the Philadelphia Semiconductor Index fell 2% at the market open. SanDisk plunged over 9%, while Micron Technology (MU) declined 5.5%, Seagate Technology (STX) fell 4.48%, and Western Digital (WDC) dropped 4.1%, according to BIT price data.

According to the Copernicus Climate Change Service, the global daily average sea surface temperature reached 21.10 degrees Celsius on August 22, surpassing the previous record of 21.09 degrees Celsius set in March 2024, marking the highest temperature on record.

According to Coinglass, the crypto market saw $337 million in liquidations over the past 24 hours, with $159 million from long positions and $178 million from short positions. Bitcoin long positions accounted for $29.48 million, while Bitcoin short positions totaled $59.98 million. Ethereum saw $40.13 million in long liquidations and $61.96 million in short liquidations. Over the same period, 78,352 traders were liquidated globally, with the largest single liquidation occurring on Binance's ETHU