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
15:46

Nasdaq-100 Components Show Mixed Movement Today; AI Infrastructure and Storage Stocks Lead with Gains Up to 20.88%, Tech Giants Decline

According to Bitget, Nasdaq-100 components displayed mixed performance during intraday trading on August 12, with AI infrastructure and storage-related stocks leading gains. Nebius NV surged 20.88%, CoreWeave climbed 17.65%, Lumentum rose 10.36%, Seagate gained 8.10%, and SanDisk advanced 8.88% following news of manufacturing collaboration. In contrast, Tesla fell 2.36%, Meta Platforms declined 2.24%, Adobe dropped 2.64%, Palantir slid 3.56%, and Workday fell 3.80%.
15:46

Trump Claims US Has Complete Control of Hormuz Strait, Vows to Maintain It

In his latest statement, President Trump claimed that the United States has achieved complete control of the Hormuz Strait and will continue to maintain it. According to Trump, the U.S. maritime blockade is referred to as an "iron wall" that Iran cannot overcome. He characterized Iran's military capabilities as severely degraded, stating that the country lacks a functional navy and air force, with Revolutionary Guard forces in retreat and government finances in crisis amid reported 300% inflatio
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15:46

Crypto Market Liquidations Hit $195 Million in 24 Hours, 78,734 Traders Hit

According to CoinGlass, the crypto market experienced $195 million in total liquidations over the past 24 hours, with long positions accounting for $110 million and short positions $84.57 million. A total of 78,734 traders were liquidated. Bitcoin led liquidations at $51.18 million, followed by Ethereum at $48.76 million and Solana at $6.32 million. The largest single liquidation occurred on Binance's ETHUSDT pair, valued at $3.23 million.
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15:45

Switzerland Proposes Law Requiring Banks to Delay Executive Bonuses Up to Five Years

Switzerland's government disclosed a legislative plan on Wednesday to require major banks, including UBS, to delay bonus payments for senior executives. The proposed measure would mandate deferring 40% to 60% of variable compensation over a period of up to five years, according to a government proposal. Finance Minister Karin Keller-Sutter stated: "Short-term gains at the expense of financial stability should absolutely not be rewarded." (Bloomberg)
15:43

Oil Leak Near Qeshm Island; 65 Tanker Incidents Recorded in Strait of Hormuz Since March

According to Jin10 data on August 12, Iran is dealing with an oil leak near Qeshm Island in the Persian Gulf, highlighting environmental risks amid ongoing tanker attacks. Satellite imagery shows a dark oil slick near the coastal village of Sibedu Raz, an area critical for endangered hawksbill sea turtle breeding, with black sediment observed on nearby beaches. Iran's Student News Agency reported cleanup efforts are underway. The incident coincides with escalating maritime attacks during the fiv
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15:42

Alameda Research Unlocks 201,740 SOL from Staking, Transfers to BitGo Wallet After 5 Years

According to on-chain data platform Onchain Lens, Alameda Research unlocked 201,740 SOL from staking and transferred a total of 201,780 SOL to a BitGo-owned custodial wallet. The move marks the first significant activity of the bankrupt FTX subsidiary's SOL holdings in nearly five years. The transfer is interpreted as potential preparation for an over-the-counter (OTC) sale, a method favored for divesting large crypto asset holdings while avoiding direct market selling pressure. Whether Alameda
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SOL0.50%
15:41

DeepSeek-V4-Pro Official Version Switches to V4-Pro-0813 With 1M Context Window

According to Beating, DeepSeek-V4-Pro official version has switched to DeepSeek-V4-Pro-0813 today. The API documentation now reflects the updated model version, with the invocation name remaining deepseek-v4-pro. The model features a 1M context window and supports a maximum output of 384K tokens. Responses API support has also been enabled.
15:41

Iran's IRGC Commander Calls for Congress Investigation into Trump Assets on August 12

According to Jin10, Iran's Islamic Revolutionary Guard Corps (IRGC) Commander Nakhdi called on August 12 for the U.S. Congress to investigate the asset increases of former President Trump and his associates during wartime. Nakhdi stated that it is evident American military leaders and senior commanders adjust the pace of war according to their own interests.
15:39

ASXN Launches Liquidity Dashboard Comparing Hyperliquid Against Six Major Exchanges

According to PANews, ASXN launched a liquidity comparison dashboard on August 12 that enables real-time comparison of order depth, spreads, and slippage across Hyperliquid and major exchanges including Binance, Coinbase, OKX, Bybit, and Lighter. Users can view order depth within specified basis point ranges, track which platform leads in liquidity metrics, and compare depth and spreads by trading pair. The dashboard also displays real-time depth charts, historical depth trends, trading volumes,
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HYPE2.98%
LIT-6.90%
15:37

U.S. 10-Year Treasury Yield Declines to 4.654% on Aug 12 as July CPI Meets Expectations

According to Eun Hwa Infomax, on August 12 (U.S. Eastern Time) morning, U.S. Treasury yields declined after July consumer price index (CPI) data matched expectations. The 10-year Treasury yield fell 3.00 basis points to 4.654%, while the 2-year yield dropped 3.40 basis points to 4.182%. The 30-year yield declined 1.80 basis points to 5.217%. U.S. labor data showed July headline CPI rose 0.1% month-over-month and 3.4% year-over-year, both in line with forecasts. Core CPI increased 0.2% monthly an
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15:33

Chanxin Technology Short Position on trade.xyz Accumulates $7.4M in Losses After Half-Month Hold

According to BlockBeats, as monitored by Yanjin, the largest short position on Chanxin Technology on trade.xyz has been held for half a month as of August 12, despite the stock rising during this period. The position is currently worth $22.86 million. The trader has paid $3.4 million in funding fees for this trade, with an additional $4 million in unrealized losses, bringing total losses to $7.4 million.
15:32

Two Attackers Sentenced to Prison for Home Invasion in French Crypto Wrench Attack Case

According to local reporting, on Monday, Amiens criminal court sentenced two men aged 20 and 21 from the Île-de-France region to three years and 18 months in prison respectively for attempting to break into a home in France's Somme department. The victims, a farmer and bank executive in their late twenties, were repeatedly targeted by home invaders seeking approximately €1 million in cryptocurrency they did not own. The couple purchased the property after its previous occupants—crypto millionair
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15:32

XRPL Bridge Exploit Drains Nearly 200,000 XRP on August 9

According to tx's official announcement on August 11, the XRPL Bridge was exploited on August 9 due to a vulnerability in its deposit verification process. The flaw allowed an attacker to create fraudulent deposits and withdraw nearly 200,000 XRP, worth approximately $200,000, from the bridge's reserve wallet. The attacker exploited a bug in the relayer logic combined with the XRP Ledger's DefaultRipple feature to construct cross-currency payments that were incorrectly recognized as legitimate d
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XRP0.52%
15:31

Google Launches Pixel 11 with $100 Price Hike, Reduces RAM to 12GB on August 12

Google unveiled the Pixel 11 lineup on August 12, with the standard model starting at $899, up $100 from last year's $799 launch price. The Pixel 11 Pro starts at $1,099, while the Pro XL rises to $1,299. Despite higher prices, the Pro models now start with 12GB of RAM, down from 16GB on last year's configurations. The upgrade cycle is constrained by a global memory shortage driven by AI data centers consuming high volumes of server DRAM. TrendForce reported LPDDR5X mobile memory contract prices
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15:25

New York City Council Launches Investigation Into Prediction Market Platforms on August 12

According to The Block, the New York City Council launched an investigation into prediction market platforms including Kalshi, Polymarket, Coinbase, and Gemini Titan on August 12, focusing on fraudulent, deceptive, or abusive marketing practices targeting young users. The council will review allegations that Polymarket paid social media creators to produce misleading promotional videos showing fake bets and fabricated profits. New York Attorney General Letitia James recently sued Kalshi over all
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15:23

Bitwise Cuts 14% of Staff, Reducing Workforce to 155 Employees

According to Bloomberg, Bitwise Asset Management Inc. has laid off approximately 14% of its workforce recently, reducing headcount from around 180 to 155 employees. The San Francisco-based cryptocurrency asset manager confirmed the restructuring in an email statement to Bloomberg. CEO Hunter Horsley stated that despite the reduction, Bitwise's current team size remains the largest in its eight-year history.