Gate Crypto Flash News and Market Updates

According to The Information, Nvidia is reported to have agreed to buy Hugging Face, the open-source AI model repository, for $12.9 billion today (August 27). However, neither Nvidia nor Hugging Face has confirmed the transaction, and coverage from Business Insider and Bloomberg describes ongoing talks rather than a signed agreement. CNBC reported that both companies did not respond to comment requests. The unconfirmed report coincided with Nvidia's strong Q2 earnings beat, with the stock tradin

According to the SEC, the proposed Regulation Crypto Assets was published in the Federal Register on 21 August 2026, with comments closing on 20 October 2026. The regime establishes two main exemptions: Rule 200 permits up to $5 million in offerings over a four-year period with minimal disclosure requirements, while Rule 300 allows up to $75 million over 12 months under Tier 2, requiring independent audited financial statements and ongoing reporting. Issuers must file through EDGAR and comply wi

According to Vanguard's official announcement today, the $12 trillion asset manager has agreed to acquire Altruist, a custody and technology platform serving over 6,000 independent financial advisers. Axios reported the all-cash deal is valued at $4.6 billion, while The Wall Street Journal put it at roughly $4 billion. The acquisition gives Vanguard control of an integrated platform offering custody, trading, account management, rebalancing and reporting—moving the firm into direct competition w

According to Odaily, Bitget launched a stock spot holding activity from Aug 27, 2026 (19:00 UTC+8) through Sept 30, 2026. New users who purchase at least 200 USDT of any U.S. stock rToken and hold it for a minimum of 48 hours can claim one blind box raffle ticket. Existing and new users can earn additional raffle tickets by inviting friends to complete the same holding task, up to five invitations per user. The blind box reward pool contains Nvidia (rNVDA) stock tokens ranging from 0.025 to 2.5

IBM recently released Granite 4.2, an open-source language model family available in 3B, 8B, and 30B sizes under Apache 2.0 license. All three variants include native reasoning modes (full thinking, low-intensity thinking, or direct answers) and tool-calling support. According to Artificial Analysis, the 3B model achieved an Intelligence Index score of 14, ranking second among 46 open-weight models in its category, compared to a median score of 4. The 8B variant scored 20, significantly above th

According to recent SEC filings, Ripple may release additional XRP from escrow to support stablecoin and FX pair liquidity, contingent on the CLARITY Act clearing Congress, marking a shift from historical re-locking patterns. Ripple's portfolio weight for XRP is approximately 4.88%, according to the regulatory document. As of late August, XRP traded at $1.44 with a 27% seven-day gain. Technical analysts identify $1.20–$1.25 as the key support zone; a sustained hold above $1.25 could open a path

According to Jin10, on August 27, U.S. officials intervened in an international criminal investigation targeting Venezuelan businessman Alejandro Betancourt, who was recruited by the Trump administration to help establish American control over Venezuela's government and oil industry. According to two sources, American officials lobbied Switzerland to resolve the case in a manner that would avoid criminal charges against Betancourt and lift his travel restrictions, while the U.S. has not enforced

According to Yonhap Infomax, the Bank of Korea announced today (August 27) plans to issue 7 trillion won in monetary stabilization securities. The competitive bidding issuance is set at 6.4 trillion won, while subscription bidding is targeted between 500 billion and 600 billion won. The central bank will conduct mid-term buybacks totaling 2.3 trillion won in two separate tranches of 1.8 trillion won and 500 billion won.

According to financial industry sources, iM Bank will resume new mortgage credit insurance (MCI) and mortgage credit guarantee (MCG) business from September 1, easing household loan management measures. Non-face-to-face credit loans will also be available, including inter-bank transfers and loans through external platforms. Ahead of iM Bank, NH Nonghyup Bank relaxed its lending restrictions from August 31. The bank will allow face-to-face mortgage loans for inter-bank transfers and extend non-Se

Anthropic has launched two new browser capabilities for Claude. Claude Cowork desktop now includes a built-in browser that opens in the sidebar, allowing Claude to independently navigate web pages, click, input data, and fill forms without requiring a Chrome extension. Simultaneously, Claude in Chrome has concluded testing and is now available to all paid users. The key distinction between the two lies in login isolation. Cowork operates with Claude's own browser, keeping it separate from user b

According to BlockBeats, citing Blockaid monitoring, Moonwell on the Base chain suffered an attack today (August 27). The attacker manipulated MAMO collateral prices to borrow cbBTC from the mCBTC market. A total of 50.6 cbBTC worth over $4 million has been transferred out.

According to BlockBeats, on August 27, fixed-rate lending protocol TermMax (parent company Term Structure Labs) announced receiving strategic investment from YZi Labs; the investment amount was not disclosed. TermMax has raised over $8 million in total funding, with previous backers including Cumberland DRW (seed round lead), HashKey Capital, Decima Fund, and others. TermMax mainnet launched in April 2025 and now operates across 10 EVM-compatible chains with $10+ million in total value locked (T

According to BlockBeats, on August 27, Tornado Cash co-founder Roman Storm claimed that blockchain analysis firm Chainalysis operated a Tornado Cash Relayer in 2022 and collected transaction fees from it, citing public court filings. Storm questioned why Chainalysis, which partners with the U.S. government on blockchain tracking, escaped prosecution while he faced criminal charges for developing Tornado Cash. Court records showed Chainalysis sought to quash a subpoena, with the government suppor

Coinbase closed at $187.16 on August 26, 2026, after the company reported Q2 2026 revenue of $1.22 billion, down 19% year-over-year, alongside a net loss of $359.5 million—its third consecutive quarterly GAAP loss. However, Coinbase captured an all-time-high 10.3% of global crypto trading volume, its third straight quarter of record share. Goldman Sachs raised its price target to $196 on August 25 from $173, maintaining a Buy rating. Wall Street's outlook ranges from $148 (Barclays, Equal Weight

According to The Sandbox, attackers exploited vulnerabilities in cross-chain configuration contracts on Base and BNB Chain on August 22, draining 14,742,341.84 SAND (approximately $1.50 million) from the ethereum vault. The Ethereum mainnet and Polygon were unaffected. Contracts deployed on Base and BSC have been permanently suspended. The Sandbox announced a compensation plan, providing a 1:1 refund in ethereum SAND to wallets that legitimately held cross-chain SAND on Base or BSC before the in

According to an EU Commission spokesperson, EU Commission President will travel to Greenland from Sunday through Monday, August 30-31.

According to the South Korean Ministry of Economy and Finance on August 27, the government will issue 230 billion won worth of personal investment government bonds in September. The issuance size was expanded by 80 billion won from the previous month to meet demand for the newly introduced retirement pension-type personal bonds launching in September. The bonds will be available across multiple maturities: 3-year, 5-year (500 billion won), 10-year (1.1 trillion won), and 20-year (650 billion won

According to BlockBeats, on August 27, multiple Wall Street banks raised Nvidia price targets following the company's earnings report, with consensus targets clustering in the $300–$320 range. Morgan Stanley increased its target from $280 to $320; Goldman Sachs from $285 to $300; and Bernstein from $315 to $400. Additional analysts including Mizuho, Melius, and Citi also raised their targets, with most clustered between $300 and $320.

According to Yonhapinfomax, on August 27, South Korea's central bank raised its benchmark interest rate by 25 basis points to 3.0% from 2.75%, marking a second consecutive rate increase. The dollar-won exchange rate initially fell to 1,377.30 before recovering to 1,380.90 by afternoon (3:30 PM KST), down 3.90 won from the previous close of 1,384.80.

According to Seoul bond market data on August 27, South Korea's IRS rates declined across the 2–10 year curve, with the yield curve flattening as foreign investor flows shifted between buying and selling. The 1-year IRS rate rose 1.25 basis points to 3.445%, while the 2-year fell 4.50bp, 3-year declined 5.50bp, 5-year dropped 5.75bp to 3.8675%, and 10-year fell 5.50bp to 4.0025%. SOFR (CRS) rates showed mixed movement: 1-year rose 5.00bp to 3.415%, while 5-year and 10-year declined 3.50bp each t