Gate Crypto Flash News and Market Updates

According to Cryptopolitan, MANTRA Chain halted its entire network without warning on August 20, freezing all public endpoints and validators following a security incident. An attacker exploited a vulnerability in an upstream dependency, and the team has identified the issue and is preparing a patched release. The MANTRA token plunged 18.5% from its 24-hour high to $0.004126, a record low, around 11:00 p.m. UTC moments before block production stopped, according to CoinGecko data. Trading volume

According to reports on Friday (Aug. 21), Yangtze Memory Technologies (YMTC) parent company CCSH Corporation submitted an IPO application to the Shanghai Stock Exchange's STAR board, targeting to raise CNY 33 billion (approximately $4.9 billion). The listing, if approved, would rank as the third-largest STAR board IPO. CCSH plans to issue between 1.98 billion and 2.43 billion new shares, with an estimated post-listing valuation of CNY 275 billion to CNY 330 billion ($410 billion–$490 billion). O

According to Bloomberg, Japan and the United States are accelerating collaboration to develop deep-sea rare earth reserves around South Island in the North Pacific. The seabed at approximately 6,000 meters depth is estimated to contain over 16 million tons of rare earth resources, including yttrium, dysprosium, and terbium—critical heavy rare earths currently dominated by China in global supply chains. Tokyo University researchers estimate yttrium reserves alone could satisfy global demand for a

According to the Iranian Students News Agency (ISNA), Iranian Parliament Speaker Mohammad Baqer Kalebaf returned to Tehran on Friday after concluding a three-day visit to Iraq. During the visit, Kalebaf stated that Iran 'never interferes in Iraq's internal affairs' and expressed Tehran's willingness to cooperate with regional countries to build a sustainable security framework through regional collaboration.

According to Iran's state television, Iran and Iraq signed a comprehensive security agreement on August 21.

According to Ukrainian national media, Russian drone strikes on Tokarivka in Mykolaiv region killed four people, including three children, on August 21.

According to maritime security observers, Somali pirate activity has increased this week following two new attacks, as regional naval forces are stretched thin by concurrent conflicts. The International Maritime Bureau official Cyrus Modi stated: "Despite naval presence in the region, competing maritime security threats have taken higher priority, creating an opportunity for Somali pirates who have been effectively suppressed for over a decade." The piracy resurgence coincides with sustained Hou

According to Bitcoin.com News, the U.S. Treasury announced increased debt buyback operation limits from September 9 through November 4 on August 21, sparking a 20% Bitcoin rally and reviving the debasement trade. The debasement trade is a market strategy where investors reduce positions in fiat currencies and bonds to accumulate hard assets like gold, bitcoin, and real estate as stores of value. Bitcoin has significantly outpaced equities and other commodities since the announcement, acting as d

According to Matthew Sigel, Head of Digital Asset Research at VanEck, Bitcoin will reach $100,000 next year and could rise to $500,000 by 2029 if similar market cycles emerge. Sigel's forecast is based on Bitcoin's historical price cycles, which he believes could repeat in the future, driven by supply dynamics, halving events, and institutional capital inflows.

According to Foresight News, citing Ash monitoring, a whale entered long positions worth $80 million in BTC and ETH on July 6 when MicroStrategy announced a sell-off, triggering a market decline. The address has held the position through today, with unrealized gains now reaching $21.1 million following recent price rallies.

According to Foresight News, Kaito has open-sourced its browser extension Pulse, which allows users to sync their internet activity with their X native timeline while maintaining control over their data. The new version has been submitted to Chrome Web Store for standard review and is expected to launch early next week with automatic updates.

According to the Intercontinental Exchange (ICE), natural gas speculators increased their net long positions by 1,807 contracts to reach 92,522 contracts during the week ending August 18.

According to the Intercontinental Exchange (ICE), speculative net long positions in Brent crude oil increased by 11,149 contracts to 251,897 contracts in the week ended August 18.

According to French presidential officials, French President Emmanuel Macron and Saudi Crown Prince Mohammed bin Salman will meet in Paris on Monday to hold bilateral talks and sign agreements. The two leaders are expected to discuss alternative transport routes following shipping disruptions in the Strait of Hormuz, with focus on diversifying energy and logistics pathways through multiple channels including maritime routes, alternative pipelines, and regional rail projects.

Michael Saylor's Bitcoin treasury company Strategy has swung from a $13 billion unrealized loss in July to a $1.4 billion gain following a five-day Bitcoin rally that pushed BTC above $77,000. Strategy holds 840,447 BTC acquired at an average price of $75,385; the position is now worth approximately $64.97 billion with 2.4% unrealized gains. The turnaround follows Bitcoin's fall to roughly $58,000 in July, which drove Strategy's holdings deeply underwater. Strategy shares rose approximately 10%

According to The Block, bitcoin's biggest weekly gain in two years reached approximately $79,000 on Friday, lifting altcoins broadly across the sector. XRP led the surge with a 39% weekly gain and briefly crossed $1.40 for the first time in months, while Hyperliquid (HYPE), Zcash (ZEC), and Chainlink (LINK) each posted gains exceeding 30%. Solana (SOL) and Cardano (ADA) also recorded sharp gains for the week, with bitcoin and Ethereum (ETH) up between 24% and 28%. Nexo Dispatch analyst Iliya Kal

According to PPP prediction market tool, a wallet address (0xcd30f4698c6f5f3829893e68e183a8e5ea18f316) bought $155,000 worth of prediction contracts on Polymarket betting Spirit to beat Vitality in the CS2 EWC Cup match. The position was opened at an average price of 42.9 cents per share, with 360,316.9 shares acquired. The match began on August 22 at 1:00 AM; Spirit currently leads 11-9 in Game 1.

According to ChainCatcher, SpaceXAI announced recently that it has expanded the availability of its Grok AI bot, adding support for SuperGrok Plus, Cursor Pro+, and Cursor Teams plans.

Brent crude oil reached $93 per barrel on August 21, gaining 1.41% during the day and marking its highest level since July 24.

The Nevada Department of Transportation approved autonomous vehicle network applications from Tesla, Waymo, and Aviari today (August 21). Tesla received authorization to deploy up to 5,000 autonomous vehicles in the state.