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
18:37

Fractile Seeks $6.5B Valuation in New Fundraising Round After $250M Anthropic Chip Deal

According to reports, chip company Fractile is in deep fundraising talks with a pre-money valuation of $6.5 billion, targeting to raise approximately $600 million in this round. Fractile has already signed an initial agreement with Anthropic to supply chips valued at around $250 million, with both parties planning to expand the contract in the future.
18:31

Fed Officials Vote 9-3 to Hold Rates at 3.5%-3.75%, Three Dissent for Rate Hike in July

According to Federal Reserve meeting minutes released Wednesday, the FOMC voted 9-3 in July to maintain benchmark rates at 3.5%-3.75%. Three officials—Logan, Hammack, and Kashkari—dissented, advocating for a 25 basis point rate increase. Two regional Fed presidents without voting rights at the time, Schmid and Musalem, subsequently indicated they would have supported a rate hike had they held voting authority. Discussions centered on divergent inflation forecasts, with most members expecting inf
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18:29

Citi Recommends Buying 20-Year U.S. Treasury as Yields Fall from 5.2% to 4.9%

According to Citi, the U.S. Treasury announced plans to at least double buyback volumes for longer-dated bonds on Wednesday, prompting the bank to recommend buying 20-year U.S. Treasury debt. Citi strategists, led by Jason Williams, expect the 20-year yield to decline from around 5.2% to 4.9%. "The Treasury's action should send a very strong signal to the market," the strategists wrote, noting that combined with cooling inflation, the move creates conditions for strong gains ahead.
18:27

Zhuque-3 Rocket Completes First Ground Recovery of First Stage on August 19

On August 19, China's Zhuque-3 second flight rocket launched successfully, with its first stage achieving first-time ground recovery following separation 137 seconds after liftoff, according to official sources. The rocket's second stage successfully deployed the Honghu-03 satellite into its designated orbit. This marks a major breakthrough in China's reusable rocket technology development, with the ground recovery serving as a critical validation point for the next-generation liquid oxygen-meth
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18:22

Maya Protocol Halts MAYAChain After Six-Bug Exploit Steals $1.7 Million in Bitcoin

According to Maya Protocol, the cross-chain liquidity network halted operations on Tuesday after an attacker exploited six software bugs to drain roughly $1.7 million in Bitcoin and other assets. Founder AaluxxMyth said the team halted MAYAChain to contain damage and plans to fix vulnerabilities before resuming swaps. In a post-mortem report, the team detailed how the attacker used a single transaction to inflate a liquidity pool by 49.45 million CACAO, then withdrew the inflated value after gai
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BTC5.41%
18:22

ANSEM Trading Volume Surges to $44M in 24 Hours, Up 4.7x, But Social Interest Lags

According to Santiment, ANSEM, a recently launched Solana token, saw its daily trading volume surge from approximately $9 million on August 16 to $44 million on August 17, a 4.7x increase in just one day. The token price rose roughly 60% between August 9 and August 17. However, despite the sharp gains in volume and price, social media activity did not increase proportionally, suggesting the rally has not yet translated into widespread retail investor enthusiasm on social platforms.
SOL6.08%
18:19

Shanghai Copper Closes Up 0.23% Overnight, Nickel Surges 1.94% on Aug 19

Shanghai copper futures closed up 0.23% overnight on Aug 19, with international copper gaining 0.40%. Among Shanghai-traded metals, nickel led gains at 1.94%, while tin rose 0.92% and lead advanced 0.19%. Conversely, aluminum and zinc both closed lower, down 0.23% and 0.22% respectively.
18:12

X Suspends 10+ Crypto Accounts Over Alleged $250K Content Recycling Scheme

According to Nikita Bier, X suspended more than 10 linked crypto accounts on Aug. 18 after uncovering an alleged $250,000 content farm scheme. The operator, running @Vivek4real and related accounts with over 270,000 followers combined, had reportedly drained X's revenue-sharing program over two years. Bier said the case was referred to law enforcement. The alleged playbook involved downloading videos and posts from journalists and creators, removing watermarks, then republishing them across mult
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BTC5.41%