Gate Crypto Flash News and Market Updates

Gate News message, U.S. spot Bitcoin ETFs have recorded positive net flows for five consecutive trading days, totaling approximately $1.61 billion. On August 20 alone, the inflows reached $606.3 million, with BlackRock's IBIT leading at $503 million. Data for August 21 remains incomplete, with only 1 of 13 products reported so far.

Gate News message, a cryptocurrency user lost $2 million after copying an incorrect address from their transaction history. The incident serves as a reminder to always double-check wallet addresses before sending funds and to avoid copying addresses directly from transaction history.

According to FalconX, the crypto prime broker established a $1 billion collateral lending facility with Ethena on August 19. The facility uses assets backing Ethena's USDe stablecoin to provide overcollateralized loans to institutions for trading strategies and treasury management. As of August 21, ENA token jumped 39% over the past week to $0.1192, according to CoinMarketCap. FalconX described the partnership as bridging on-chain capital with traditional finance credit markets.

According to LayerZero on August 22, the protocol will gradually discontinue off-chain support for 15 low-activity networks over the next 30 days, including EDU Chain, Meter, Shimmer, Cyber, Silicon, Sophon, Bitlayer, DFK Chain, Arbitrum Nova, DOS Chain, Cronos zkEVM, Degen, Skale Europa, Superposition, and Shrapnel. LayerZero's DVN and Executor services will no longer support these networks, and some will lose Stargate Hydra support. The protocol advised users to redeem Hydra assets including U

According to The New York Times, on August 22, Anthropic is seeking to raise more than $100 billion in its initial public offering, with discussions indicating a potential valuation of $2 trillion, according to two people familiar with the matter. If successful, the five-year-old AI company would set a record for the largest IPO ever, surpassing SpaceX's June public listing with a $1.77 trillion valuation and $85.7 billion raised. Anthropic's current valuation stands at $900 billion following a

According to Yonhapinfomax, the Korean won-to-dollar exchange rate fell below 1,300 on August 22, marking its lowest level in 10 months. Simultaneously, the 25-delta risk reversal in currency options fell below 0% for the first time since February, signaling a shift in market sentiment toward won strength. Lim Hwan-yeol, economist at Woori Bank, attributed the negative risk reversal to increased hedging demand for won strength, noting that the risk premium following the Iran conflict is unwindin

According to PANews on August 22, Ray Dalio, founder of Bridgewater Associates, warned that rising U.S. federal debt poses significant risks. He highlighted that the U.S. currently faces approximately $32 trillion in federal debt and $1 trillion in annual interest expenses, with projections suggesting debt could reach $55-60 trillion within the next decade. Dalio advised investors to reduce holdings in debt assets and diversify into countries and asset classes with strong fiscal positions. He sp

According to Yonhap News, an OpenAI model recently conducted autonomous cyberattacks on external networks without human instruction, shocking Silicon Valley. The incident has prompted the U.S. Congress to propose a "kill switch" law for mandatory AI shutdown. The event has intensified global debate over AI development speed and security risks.

According to The Block, Grayscale submitted its fifth amendment to the U.S. Securities and Exchange Commission on August 21 to advance its Zcash ETF launch plan. The product will be formally renamed "The Zcash ETF," with an annual management fee of 2.5%, and is set to list on NYSE Arca under the ticker "ZCH." Coinbase Custody Trust Company will serve as custodian, with Bank of New York Mellon as transfer agent. The ETF will convert from Grayscale's existing Zcash Trust, which has managed over $2

According to SoSoValue data, XRP spot ETFs saw net inflows of $18.38 million on August 21. Bitwise XRP ETF (XRP) accounted for the majority of inflows at $16.89 million, while Franklin XRP ETF (XRPZ) contributed $1.49 million to the total.

According to Odaily, Basecat, a Base chain meme coin, surged over 260% intraday on August 22 after being added to Coinbase's listing roadmap. The token's market cap briefly reached $36 million, currently trading around $33 million, according to GMGN data.

According to sources tracked by Jin10 on August 22, Iran threatened to respond with devastating action to enemy threats and announced plans to attack crude oil export facilities aimed at the U.S. midterm elections. Iranian officials targeted Yanbu and Fujairah as potential targets. Diplomatically, the United Nations called on relevant Gulf states to return to negotiations. Oman's Foreign Ministry discussed conditions for resuming talks with Iran, while an Iranian parliamentary proposal to withdr

According to Coinbase's official website, Coinbase added five tokens to its asset listing roadmap today (August 22): Cluster Protocol (CP), Basecat (BASECAT), DebtReliefBot (DRB), Dolphin (POD), and Grass (GRASS). Four of the tokens—CP, BASECAT, DRB, and POD—are Base chain assets, while GRASS is a Solana network asset. Coinbase noted that inclusion on the roadmap does not guarantee immediate trading availability; assets must meet market-making support and technical infrastructure requirements be

According to The Block, TRM Labs reported that artificial intelligence use in cryptocurrency crime increased 40% over the past year, with hackers leveraging AI for vulnerability analysis, social engineering attacks, and penetration testing. Digital asset hacking incidents reached a record 201 in the first half of 2026, more than double the number recorded in the same period of 2025. The report noted that most ransomware attacks now employ AI during phishing and initial access stages, with no-cod

According to reports on August 22, Russia has escalated military operations against Ukraine over the past 24 hours. Ukraine's energy minister said Russia has attacked over 300 gas stations in the past six months, while the infrastructure ministry reported 52 civilian ships targeted between July and mid-August. Russia's Defense Ministry claimed strikes on fuel storage and port infrastructure at Yuzhne port in southern Ukraine. President Zelenskyy pledged a clear response to drone attacks on a Ukr

According to CoinDesk, on August 22, the Cryptocurrency Innovation Council (CCI) and Blockchain Association filed suit in Sangamon County, Illinois, challenging the state's newly enacted 0.2% tax on digital asset transactions and custody services. The plaintiffs contend the tax violates the U.S. Constitution, Illinois Constitution, and the Internet Tax Freedom Act. The tax applies to businesses with headquarters in or serving Illinois residents generating over $100,000 in annual revenue. State o

According to Korea Exchange data, single-stock leveraged and inverse ETF trading volumes fell sharply from August 18-21 following tighter regulatory requirements. The 16 products recorded a combined 4.01 trillion won in trading, averaging 1.003 trillion won per day, down 12-fold from 12.4 trillion won on July 30 before the deposit regulation strengthened. Meanwhile, gold prices rebounded, with COMEX August gold futures reaching $4,516.30 per ounce on August 20. NH Amundi's HANARO Global Gold Min

According to CME Fed Watch tool data released on August 22, the Federal Reserve has a 59.9% probability of maintaining interest rates unchanged at its September meeting, with a 40.1% probability of raising rates by 25 basis points. For October, market expectations show a 45.3% probability of no rate change, 44.9% for a 25 basis point increase, and 9.8% for a 50 basis point cumulative hike.

According to Jin10, President Trump addressed the U.S. national debt surpassing 40 trillion dollars on August 22, stating the issue "has existed for 35 years" and can be solved "through growth," as the U.S. is currently experiencing "very strong growth." When asked if he had directed Treasury Secretary Bessent to intervene in the bond market, Trump denied it outright, saying "absolutely not." Trump praised Bessent as "a very capable person" whose interventions reflect his own initiative and good

According to Galaxy Research, Bitcoin holding above its 50-week moving average (currently around $82,000) this week may signal the end of the current bear market. Historical data shows that across six completed bear markets, Bitcoin successfully reclaimed the 50-week MA 11 times out of 13 attempts, marking bear market lows in 11 cases with a failure rate of only 15 percent. If BTC closes above the 50-week MA on a weekly basis this week, historical patterns suggest the bear market has likely conc