Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
10:07

NVIDIA Guides FY2028 Revenue Growth to 70%; Valuation Drops to 23.2x Forward PER

According to Hana Securities analyst Kang Jae-gu, NVIDIA recently provided fiscal 2028 revenue growth guidance of 70% year-over-year, signaling strong supply visibility ahead of next-generation GPU launches. While current cash flow metrics deteriorated in FY2027 Q2, declining to $21.3 billion in free cash flow from $48.6 billion in the prior quarter, this reflects working capital expansion to support the growth rather than weakening demand, the analyst noted. NVIDIA's 12-month forward price-to-e
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10:03

Altcoin Futures Volume Collapses to 47% on Binance in Single Week as Traders Rotate Into Bitcoin and Ethereum

On June 29, 2026, Binance futures trading volume surged to $28.74 billion with a dramatic shift in asset composition. Altcoin volume share collapsed from 63% to 47% over a single week, with capital rotating into Bitcoin and Ethereum. BTC accounted for 47.9% of trading volume, ETH for 29.2%, leaving Solana and other altcoins combined to capture the remaining share. Mid-cap altcoins including ASTER, WLD, HYPE, and ZEC saw sharp declines during this period. The rotation reversed sharply by August 2
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10:00

Whale Bets $117K on LGD Victory in LPL Playoff Today at Average Price of 34.8 Cents

According to PPP prediction tool monitoring, an account (0xc9a24fa249cf907c598544a4d46c077c1edf77d3) purchased $117,000 in betting contracts on LGD defeating TES on Polymarket today, August 29. The position was opened at an average price of 34.8 cents with 335,483 shares. The LGD vs. TES matchup begins at 17:00 UTC in a best-of-five format.
10:00

ORO Completes $3M Strategic Funding Round Led by MH Ventures and Mapleblock Capital

According to Odaily, DeFi execution platform ORO (formerly Oroswap) recently completed a $3 million strategic funding round. MH Ventures and Mapleblock Capital led the investment, with participation from M2M Capital, Archer Capital, x21 Digital, BlockRise, Zerone Venture, Beenco Labs, Velion Venture, Disrupt.com, and ZIGChain. The platform converts natural language instructions into on-chain operations, supporting token swaps, staking, lending, cross-chain bridges, and multi-protocol asset manag
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09:59

China-Kyrgyzstan Business Forum Convenes in Bishkek with 100+ Entrepreneurs on August 28

According to Jin10, China's Council for the Promotion of International Trade organized a China-Kyrgyzstan Business and Investment Forum in Bishkek on August 28, bringing together over 100 Chinese entrepreneurs. Zhang Hongbin, CCPIT president, stated the delegation aims to implement consensus reached between the two countries' leaders and advance practical cooperation between Chinese and Kyrgyz enterprises. CCPIT plans to organize targeted trade promotion activities and support joint initiatives
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09:57

Evernorth's Form S-4 Becomes Effective; Shareholder Vote Scheduled for Sept. 30

According to SEC filings announced on Aug. 27, Evernorth Holdings Inc. and Armada Acquisition Corp. II (Nasdaq: XRPN) cleared a major regulatory hurdle after the SEC declared Evernorth's Form S-4 registration statement effective. The effective filing clears the path for Armada II shareholders to vote on the proposed merger on Sept. 30, with holders of record as of Aug. 20 eligible to vote. Evernorth plans to list on Nasdaq under the ticker XRPN and will actively manage an XRP treasury. If shareh
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XRP-1.89%
09:53

Bitmain Launches Two Liquid-Cooled Miners on August 29: S23 XP Hyd at 600 TH/s, S23e U2H at 865 TH/s

According to BlockBeats, Bitmain unveiled two new liquid-cooled mining rigs on August 29 at the World Digital Mining Summit (WDMS) in Hong Kong. The flagship S23 XP Hyd delivers 600 TH/s with an energy efficiency of 8.9 J/T and total power consumption of 5,340W, priced at $25.5/T ($15,300 per unit), with delivery expected between November 2026 and January 2027. The 2U rackmount S23e U2H offers 865 TH/s at 10 J/T, priced at $11/T ($9,515 per unit).
09:47

First Hyperliquid HIP-4 Outcome DEX 'OUT' Completes Deployment

According to ChainCatcher, Hyperliquid's permissionless HIP-4 deployment framework has begun rollout, with the first Outcome DEX built on HIP-4, called 'OUT', completing its deployment. Per Hyperliquid's developer documentation, HIP-4 enables deployers to create YES/NO or multi-outcome markets without permission, based on templates approved by validator voting.
HYPE-1.59%
09:47

Investment Scams Surge to $8 Billion in 2025; New York Issues Crypto, AI Fraud Alert

According to New York Division of Consumer Protection, on Aug. 26 the agency warned of surging investment scams after 144,041 consumers reported losing more than $8 billion in 2025, a 38% increase from 2024, with a median individual loss of $10,560. Investment fraud became the costliest category tracked by the Federal Trade Commission, with cryptocurrency among the primary assets targeted. Artificial intelligence is enabling fraudsters to create deepfake videos, clone voices, and fabricate profe
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09:45

South Korea's Top 5 Crypto CEXes See Trading Volume Surge 188% Week-on-Week to $23 Billion

According to BlockBeats, South Korea's five major crypto CEXes (Upbit, Bithumb, Coinone, DigitalX, GOPAX) saw combined trading volume surge 188% week-on-week to 311 trillion Korean won (approximately $23 billion USD) for the week ending August 28, marking the highest level in nearly 10 months. Upbit maintained market leadership with a 59.61% share, followed by Bithumb at 33.11%. Newly rebranded DigitalX (formerly Korbit) expanded its market share to 4.21%, surpassing Coinone's 3.05% to rank thir
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09:45

Daqing Oil Field Storage Gas Group Breaks 2 Billion Cubic Meters Injection, Up 8% YoY

According to Xinhua News Agency, the Daqing Oil Field Tianjin Storage Gas Company recently reported that cumulative gas injection in the current cycle has exceeded 2 billion cubic meters, completing 90% of the overall injection plan and marking a new historical record, up 8% year-over-year. The injection boost aims to secure natural gas supplies for the Beijing-Tianjin-Hebei region ahead of winter.
09:42

Ajna v2 Suffers $775K Loss in Accounting Manipulation Attack Targeting Multiple Pools

According to Foresight News, Ajna v2 suffered an accounting manipulation attack on August 29, resulting in losses of approximately $775,000. Defimon Alerts identified that the exploit targeted multiple liquidity pools including syrupUSDC, wstETH, rETH, cbETH, WBTC, WETH/USDC, and sDAI. Ajna has advised users to withdraw all funds, repay loans, and cease protocol interaction pending investigation.
09:41

Dagang Oilfield Gas Storage Breaks 20 Billion Cubic Meters in Cycle Injections on August 29

According to Dagang Oilfield Tianjin Storage Company, the Dagang Oilfield gas storage cluster has injected over 20 billion cubic meters of gas in the current cycle as of August 29, completing 90% of the overall injection plan and marking a new record high. The cycle injection volume grew 8% year-over-year, bolstering natural gas reserves for the Beijing-Tianjin-Hebei region's winter supply.
09:37

Polish PM Tusk Pushes Re-Vote on Crypto Law After $94M Zondacrypto Scandal

According to Bitcoin.com News, Polish PM Donald Tusk called for a re-vote on the Crypto-Asset Market Act on Friday after the Zondacrypto exchange collapsed in a $94 million fraud scandal. Tusk, speaking during a council of ministers meeting, stated the law must be revisited as President Karol Nawrocki vetoed it for the third time on June 11. Tusk directly accused politicians of receiving bribes from the failed exchange, describing it as "a well-organized system" of corruption. The repeated vetoe
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09:37

Ripple Prime Launches Delta One With $1B Regulatory Capital on Aug. 27

Ripple Prime launched Delta One, a total return swaps business for institutional clients covering U.S. equities, indices, and digital assets, on Aug. 27. The offering enables hedge funds, asset managers, and other institutions to execute derivatives across supported asset classes through a single counterparty with cross-margining capabilities. Ripple Prime entered the equity derivatives market with more than $1 billion in regulatory net capital. On Aug. 18, Ripple Prime closed a $275 million pri
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