Gate Crypto Flash News and Market Updates

Bitcoin surged above $80,000 for the first time since mid-May, marking a significant recovery in the asset's value. The milestone reflects continued strength in digital asset markets amid broader economic conditions.

According to Coinglass data, as of August 25, the Crypto Fear and Greed Index stands at 73, down 1 point from yesterday, indicating a greed state. The 7-day average index is 66, while the 30-day average is 37.

According to Nikkei Asia, Japan's Ministry of Economy, Trade and Industry (METI) is developing an AI-powered data sharing platform designed to accelerate new material development by approximately 10 times. The platform will aggregate material-related data shared by manufacturers and use artificial intelligence to expedite the discovery of new chemical compositions and formulations. METI targets launch as early as fiscal year 2027.

According to the People's Bank of China, on August 25, the central bank auctioned three-month treasury bills in Hong Kong with a settlement rate of 1.30%, up from 1.13% in the previous auction. The one-year treasury bills were priced at 1.35%, a 3 basis point increase from the prior 1.32% rate.

According to Herald Economics, today August 25, KB Financial Group is drawing significant market attention with its planned 57% shareholder return rate for 2026, alongside self-share buyback programs. KB Financial plans to allocate 700 billion Korean won of its 880 billion won half-year distribution toward buybacks and cancellations, with the remainder for additional purchases or cash dividends. Samsung C&T and SK Square are also emerging as candidates for expanded shareholder returns, with self

According to Yonhap Infomax, South Korea's Financial Supervisory Service introduced a new 'Fund Core Risk Standard' on August 25, strengthening investor protections for high-risk investment products. Asset managers must now disclose historical losses exceeding 20% in their securities filings and explain key investment risks in consumer-friendly language. For leverage and inverse funds, managers must also detail maximum loss scenarios, such as potential 60% daily losses during market limit-down e

According to Yonhapinfomax, on August 25 at 11:21 a.m., South Korea's Koribor (Korea Inter-bank Offered Rates) rose by 0.01% across multiple tenors. The 2-month rate reached 2.98%, 3-month at 3.09%, 6-month at 3.38%, and 12-month at 3.72%, each up 0.01% from the previous day. The 1-week rate remained at 2.75%, while 1-month stayed at 2.87%.

According to Alibaba's announcement on August 23, the Chinese tech giant raised 80 billion Hong Kong dollars (approximately $11.3 billion) through equity issuance in Hong Kong, marking the largest equity offering in the exchange's history. All proceeds will be directed toward AI chip development, proprietary AI models, AI cloud infrastructure, and data center investments. The financing ranks as the world's third-largest capital raise this year, following offerings by Google parent Alphabet and I

China's State Flood Prevention General Command and Emergency Management Ministry launched a Level 4 flood and typhoon emergency response for Zhejiang on August 25 at 10 a.m., according to official decision. Typhoon Saudel, classified as super typhoon-strength, is expected to enter the East China Sea on August 26 and approach coastal areas of Zhejiang and Fujian. Affected regions in southeastern Zhejiang are forecast to experience heavy to torrential rain.

According to Krasnodar Krai Governor Kondratyev, Ukrainian drone strikes hit the town of Afiski on the Black Sea coast on August 25 at dawn. The attack damaged at least 10 residential buildings and triggered fires at a local oil refinery and train station area. Drone debris fell near Afiski railway station, resulting in 2 deaths and 2 injuries.

According to CCTV News, on August 25 at 10:00 AM, China's National Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management activated a Level 4 flood emergency response for Beijing, Tianjin, Hebei, Inner Mongolia, and Qinghai. The activation follows weather forecasts predicting significant rainfall across northwestern China, Inner Mongolia, and North China over the next three days, with heavy to torrential rain expected in parts of Qinghai, Inner Mongolia, Hebei, Be

Spot palladium declined 2.00% intraday on August 25, trading at $1,338.77 per ounce.

According to Jin10, China's Vice President Han Zheng met with Indian National Security Advisor and Beijing Border Special Representative Doval in Beijing on August 25. Han stated that over the past two years, President Xi Jinping and Prime Minister Modi held two meetings in Kazan and Tianjin, reaching important consensus on bilateral relations development and steering ties back to a path of recovery and improvement. Han emphasized that as neighboring developing countries and major emerging econo

According to the Reserve Bank of Australia statement on August 25, the central bank confirmed that bank system reserves remain above potential demand during the transition to a new ample reserve regime. The RBA will provide sufficient liquidity to banks while maintaining stable interest rates near the official cash rate target. Under the new framework, banks' demand for reserves will be met through open market repurchase operations at prices close to the cash rate target, a mechanism known as fu

According to Business Insider, Thomson Reuters launched its first self-developed AI model, Thomson-1, on Monday, based on Alibaba's open-source Qwen model developed with Imperial College London. The model will take over some tasks previously handled by Anthropic's Claude, with an initial focus on document review in the company's professional sectors, aiming to reduce AI costs while leveraging cheaper Chinese open-source AI alternatives.

According to reports, Cosmos Labs issued an emergency advisory on August 25 urging Cosmos EVM chains to halt validator operations as engineers address an ongoing security incident affecting its shared Ethereum-compatible infrastructure. Cosmos Labs recommended that validators stop network operations while investigation continues, without disclosing total assets affected or providing technical details. MANTRA halted its Layer 1 blockchain on August 20 after detecting an exploit in its Cosmos EVM

According to Financial Times, Tehran's gas stations were crowded with long queues on August 25 as Iran faces severe fuel shortages. The country's state-run energy optimization agency warned that Tehran is experiencing a critical oil deficit, with current gasoline supplies falling 15 million liters short of the daily requirement of 135 million liters. Each vehicle is restricted to purchasing 20 liters per fill-up, forcing drivers to make repeated trips. U.S. sanctions on Iranian fuel imports are

Bybit Alpha's on-chain liquidity pools saw yields climb sharply as SOL and gold prices recovered recently. The SOL-USDC pool's APR exceeded 200%, while the XAUt0-related pool reached 69% APR. Popular token pools for HYPE and MON exceeded 80% APR, according to on-chain data.

According to Bloomberg, Chinese-linked hacking groups have more than doubled their attack operations after incorporating DeepSeek and other open-source AI models into their activities, according to research by Taiwan-based TeamT5. The groups are using AI to automate routine tasks and develop more sophisticated malware. DeepSeek has become particularly popular among Chinese hackers due to its high performance and customization capabilities, researchers said. Experienced attackers are leveraging t

According to BNB Chain's Tuesday post, BNB Smart Chain (BSC) activated the Pasteur hard fork on its mainnet, combining three proposals to strengthen bridge security and increase block capacity. The upgrade implements BEP-682 to prevent duplicate validator entries in cross-chain verification, BEP-695 to tighten validator key rotation and governance controls, and BEP-675 to optimize block submission, allowing builders to submit pre-executed blocks for faster validation. Tests on BSC's internal QAN