Gate Crypto Flash News and Market Updates

According to Coinglass data, the cryptocurrency market recorded $405 million in contract liquidations over the past 24 hours on August 23, with long positions accounting for $246 million and short positions $159 million. Bitcoin liquidations totaled approximately $94.67 million, while Ethereum reached $132 million. The largest single liquidation occurred on Binance ETHUSDT pair, worth $11.73 million.

According to an interview with Decrypt, Bitcoin Red Team member Calle said the group was formed as an emergency effort to identify security threats across the Bitcoin ecosystem as AI capabilities advance. The team, consisting of about 20 to 25 volunteers, has proactively scanned much of Bitcoin's significant open-source ecosystem and works directly with projects to identify and fix vulnerabilities. Calle noted that Chinese AI models are used far more than U.S. counterparts for security research

According to BankXRP, XRP's market capitalization reached approximately $94 billion recently, surpassing Belarus' estimated 2025 GDP of $93.4 billion based on World Bank figures. With XRP trading at $1.51, the token has marked another significant milestone in its recent rally. Market commentator ChartNerd reported that XRP open interest surged from roughly $2.3 billion to $3.56 billion, reflecting increased positioning in futures and perpetual contracts. The rise coincides with large holders acc

According to HyperliquidNews monitoring, HyperEVM's average Gwei value surged from approximately 0.15 Gwei on August 22 to 3 Gwei, and further climbed to 60 Gwei on August 23, representing a 400-fold increase over the two-day period.

According to Canadian Prime Minister Carney, Canada will impose retaliatory tariffs worth approximately $20 billion on U.S. goods, effective September 8, 2026. The measures will target steel, dairy, aluminum, and automotive sectors. Carney stated that Canada announced details of the new tariff measures in recent days and remains open to canceling the tariffs if the U.S. resumes negotiations.

According to CoinDesk, crypto card spending reached $1.04 billion in July, up over 200% year-over-year. U.S. dollar stablecoins USDC and USDT funded approximately 70% of more than 10 million transactions, with average transaction value rising from $59 last year to $86, indicating a shift from large cash-outs to everyday purchases such as groceries, rideshare, and food delivery. Emerging markets drove growth, with low-GDP regions recording 600% transaction volume increases between March 2025 and

According to Bloomberg reporter Mark Gurman, Apple's first foldable iPhone is expected to be unveiled around September 9, with a price tag exceeding $2,000.

According to the Israeli military, on Aug 23, Israeli forces struck a Hamas weapons production facility in Maghazi, central Gaza, killing a commander of the group.

According to South Korean media outlet Daum, Korean investors have accumulated net purchases of $835 million in SK Hynix ADRs (American Depositary Receipts) on Nasdaq since the company's listing on July 10 through August 19, making it the second-most purchased U.S. stock by Korean investors during the period, accounting for 16.4% of total U.S. stock net inflows. The purchases have driven ADRs to trade at a premium exceeding 40% relative to SK Hynix shares on the home market. On August 19, the Ko

Tunisia's National Guard announced on August 23 that a migrant boat capsized off the country's southeastern coast on August 21, resulting in 11 deaths.

According to Axios, Syrian and Israeli officials met on Sunday to ease tensions between the two countries.

According to Bloomberg, on August 23, U.S. Treasury Secretary Scott Bessent's attempt to lower long-term bond yields through expanded buybacks and increased short-term debt issuance—a strategy he called "Treasury Twist"—produced only one day of results. The 10-year U.S. Treasury yield bounced back to 4.73%, approaching the highest level since Bessent took office. Structural headwinds continue to push rates higher. Experts cite the U.S. national debt exceeding $40 trillion, rising capital demand

According to CoinGlass, in the past hour, $63.71 million in futures positions were liquidated globally, with long liquidations accounting for $50.99 million and short liquidations for $12.71 million.

According to Odaily and Hyperbot, Bitcoin trader Maji Ge's 40x leveraged BTC long position was fully liquidated today due to a short-term BTC price decline. His total portfolio value has dropped below $100 million.

According to Coin Glass, over $61.14 million in positions were liquidated across crypto markets in the past hour on August 23. Long positions accounted for $50.41 million of liquidations, while short positions totaled $10.73 million. Ethereum led individual asset liquidations with $25.78 million.

According to reports, Iranian-linked hackers targeted water utility facilities across 12 U.S. states and power plants in the United Kingdom over the weekend (August 24). The coordinated cyber operation represents a significant cross-border attack on critical infrastructure in both nations.

According to Jin10 Data, on August 23 local time, the UK's major train operator announced a significant service disruption after a power outage at its control center in Birmingham. The operator said almost all train lines were canceled or delayed, with no immediate recovery timeline provided.

According to BlockBeats, over the weekend of August 23, Trade.xyz predicted U.S. and South Korean stock moves for Monday's opening through perpetual futures contracts. Trade.xyz forecasts Samsung Electronics to open down approximately 3% on Monday (from Friday's close of $203 to $195.64), while major U.S. tech stocks are expected to open near flat: SpaceX at $135.35, Nvidia at $218.6, and Google at $344.76. SK Hynix is predicted to see modest gains, rising to $1,262 from Friday's $1,248 close.

According to recent surveys, more than half (53%) of American workers across all demographics worry that artificial intelligence will cause job losses in their household. Despite many employers reversing AI-driven layoffs over the past year, the workplace anxiety remains high, with backlash extending to midterm elections and corporate IPO filings. Companies including Ironclad, Superhuman, and Torani are addressing the trust deficit through transparent communication. Torani, which has maintained

According to Decrypt, ACE Robotics Chairman Wang Xiaogang said embodied AI is expected to reach a breakthrough comparable to ChatGPT's by late 2027, driven by advances in world models and environmental data collection. However, widespread deployment across industries may take another four to five years. ACE Robotics, founded in July 2025 with backing from Ant Group and SenseTime, raised over $100 million in multiple funding rounds by mid-2026. The company plans to deploy embodied AI technology i