Gate Crypto Flash News and Market Updates

According to PeckShield and on-chain records, Term Finance's governance attack on August 23 led Term Labs to permanently close all Meta Vaults and revoke DAO control, while maintaining withdrawal access. Attackers stolen approximately 2,843 ETH and 1.68 million USDC, totaling around $8.5 million. On-chain transactions confirmed the transfers: 2,841.74 WETH moved to an address labeled "Term Finance Exploiter 1" and 1.68 million USDC to "Term Finance Exploiter 2" on Etherscan. Term stated the vuln

According to JPMorgan, SpaceX (SPCX) could rise nearly 80% from Monday's $135 close as the bank maintains a $240 price target, with artificial intelligence rather than rockets driving much of the bullish case. At that price, SpaceX would command a valuation exceeding $3 trillion, with analyst Doug Anmuth citing improving prospects for Grok and the recently acquired Cursor coding platform as major contributors. SpaceX completed its acquisition of Cursor on August 14. The platform generated roughl

Rezolve AI announced on Tuesday that Google has selected its distributed database technology for use in Google Cloud, with shares jumping 26%—the stock's best day since December. The technology will handle indexing and data pipelines for Google Cloud Web3's blockchain datasets. The company reported first-half 2026 revenue of approximately $127 million, up nearly 20 times year-over-year, reaffirming full-year 2026 guidance of roughly $360 million.

According to Jin10 Data, on August 25, crude oil futures declined significantly at the close. West Texas Intermediate (WTI) October futures fell $2.65 to $82.36 per barrel, down 3.12%, while London Brent October futures dropped $3.59 to $88.58 per barrel, down 3.89%.

According to the U.S. Department of Treasury, the 2-year Treasury auction on August 25 resulted in a yield of 4.204%, down 11.1 basis points from the previous month's 4.315%. The $69 billion offering drew a bid-to-cover ratio of 2.60x, slightly below the prior month's 2.66x but in line with the six-month average of 2.61x. Indirect bid ratio, which represents overseas investor demand, reached 66.0%, up 9.4 percentage points from the previous auction and marking the highest level since March 2025.

According to sources cited by Jin10, the European Central Bank is prepared to raise interest rates in September to counter economic fallout from the Iran conflict, but has no intention of signaling further policy tightening. The central bank plans to increase its policy rate from 2.25% to 2.50%, citing eurozone inflation near 3%, ongoing regional tensions, and economic resilience. ECB officials view the move as necessary to prevent a repeat of severe inflation following the 2022 Russia-Ukraine e

According to Yonhap Infomax, gold futures for December delivery rose 0.02% to $4,698.80 per troy ounce on August 25 (US Eastern time) on the COMEX exchange. The price has reached its highest level since mid-May, gaining nearly 20% from early August levels around $4,000 per ounce. Meanwhile, WTI crude oil for October delivery fell more than 3% to $82 per barrel amid easing U.S.-Iran tensions.

European Central Bank policymakers are preparing to raise interest rates in September to counter the spillover effects of the Iran conflict, according to recent policy signals. The rate hike is intended to mitigate negative economic consequences stemming from geopolitical tensions in the region.

According to the Wall Street Journal, Chris Malone, OpenAI's data center chief, has departed the company. Further details regarding his departure were not disclosed.

According to Bitcoin.com News, U.S. spot bitcoin and ether ETFs attracted $453 million on Monday, extending their inflows to six consecutive sessions as institutional demand broadens. Bitcoin ETFs drew $337.56 million, led by Blackrock's IBIT with $208.93 million, while ether ETFs added $115.57 million. Bitcoin ETF assets climbed to $98.56 billion, approaching the $100 billion threshold. Solana, XRP, and HYPE ETFs also posted inflows of $33.49 million, $13.82 million, and $5.74 million, respecti

According to Coinmarketcap, the Crypto Fear and Greed Index reached 81—extreme greed territory—late Sunday and held above that level today, marking the first time since the 2024 cycle peak that the gauge has entered this zone. The index surged 45 points in 30 days, climbing from 36 (fear) a month ago to 81 today, erasing most caution that defined the first half of 2026. The rally was triggered by U.S. Treasury announcements to double long-bond buybacks from $2 billion to $4 billion per operation

According to sources, Gunvor is in talks to acquire Haynesville shale gas assets from Silver Hill for $1.2–1.5 billion. If the deal succeeds, Gunvor-backed Western Natural will operate Silver Hill's assets in the Haynesville shale region.

According to Bloomberg, on Tuesday (August 25), Chicago Board of Trade (CBOT) grain markets rallied with an overall V-shaped recovery. The Bloomberg commodity grain index rose 1.06% to 33.5249 points. CBOT corn futures surged 1.70% to $5.2425 per bushel, while soybean futures climbed 1.18% to $12.3825 per bushel. Wheat futures gained 0.71% to $7.0450 per bushel, with soybean meal futures up 0.30% and soybean oil futures advancing 0.64%.

On August 25, the ICE Dollar Index declined 0.09% to 98.916 at the New York close, trading between 99.118 and 98.901 for the session. The Bloomberg Dollar Index fell 0.11% to 1192.45, with an intraday range of 1194.74 to 1192.45.

From its official statement, Paramount Skydance is considering multiple options, including structural adjustments, to address litigation filed by state attorneys general against its $11 billion acquisition of Warner Bros. Discovery. The company said it remains hopeful and prepared to continue good-faith negotiations to resolve the lawsuits and advance the deal.

According to court documents filed by the Trump administration on August 24, the government said it could consider demolishing the Kennedy Center if it cannot be approved to close for two years of renovations.

According to Jin10, on August 25, Mazloum Abdi, leader of the Syrian Democratic Forces (SDF), announced the dissolution of the organization and the Kurdish autonomous administration during a press conference at Syria's presidential palace. The SDF will be fully integrated into Syrian state institutions.

According to E-Daily, South Korea's real estate financing market is entering a selective phase as banks tighten project financing (PF) loans and introduce stricter equity requirements. The country's alternative capital market is estimated to reach 32-45 trillion won annually, driven by a funding gap resulting from regulatory tightening. Alternative investors are focusing on refinancing of maturing loans and new commercial real estate developments, but investment standards remain rigorous. Invest

According to Al Jazeera, Israel has expelled a Dutch representative from the international support center in Gaza, citing 'anti-Israel activities' as the reason.

According to Reuters, Stand With Crypto endorsed 32 House incumbents for the November 2026 midterms who supported the Clarity Act, the crypto industry's flagship digital assets legislation. The endorsements include Republicans Tom Emmer and Bill Huizenga, as well as Democrats Ritchie Torres and Josh Gottheimer. The advocacy group, launched by Coinbase in 2023, now has over 3 million registered U.S. advocates and is organizing voter campaigns alongside the crypto industry's nearly $200 million sp