Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
21:10

Airbnb Stock Soars 9% After Q2 Earnings Beat, Raises Q3 Revenue Guidance to $4.69–4.77B

According to Bloomberg, Airbnb reported second-quarter earnings of $1.37 per share versus $1.25 expected on Thursday, topping analyst forecasts. Revenue reached $3.61 billion against a projected $3.58 billion, with net income climbing 27% to $816 million. The stock jumped 9% in extended trading. For the current quarter, Airbnb guided revenue of $4.69–4.77 billion, above the $4.61 billion consensus, implying 14% year-over-year growth at the midpoint. The company cited strong demand across all reg
More
21:10

DraftKings Misses Q2 Earnings Targets, Revenue at $1.44B

DraftKings reported second-quarter revenue of $1.44 billion, falling short of the $1.51 billion analyst consensus. Adjusted EBITDA came in at $115 million, below expectations of $154 million. The company added 3.6 million monthly active paid players, a 9% year-over-year increase that exceeded analyst forecasts of 3.2 million.
21:08

MiCA Full Implementation Restricts Access to Major Stablecoins in EU; Only USDC, USDG, EURC Approved

According to Circle's EU Strategy and Policy Director Patrick Hansen, after the full implementation of MiCA (EU Crypto-Assets Regulation), the framework has approved 35 electronic money tokens from 21 issuers. However, most major stablecoin issuers, including Tether, cannot meet MiCA's strict operational requirements. Only USDC, USDG, and EURC have passed the framework, leaving EU users without access to or protection for other stablecoins. The EU's financial services regulator launched a public
More
21:07

Bitcoin Red Team Finds 4,962 Security Vulnerabilities in 390 Projects Within 30 Hours

According to Bitcoin Red Team developers, volunteer auditors discovered 4,962 security findings across 390 Bitcoin projects in approximately 30 hours on August 5. The group rated 85 issues as critical and 635 as high severity, representing 14.5% of all findings. Of the 391 codebases reviewed, only one came back without vulnerabilities. Only 147 of the flagged issues have reached maintainers for remediation thus far.
BTC-0.59%
21:06

OG Bitcoin Whale Transfers 50 BTC to New Address After 10-Month Silence

According to Onchain Lens monitoring, an OG Bitcoin whale that accumulated BTC at prices around $10-15 transferred 50 BTC to a new address after 10 months of inactivity, with the amount valued at approximately $3.22 million. Historical patterns suggest the whale's addresses have previously routed similar funds to OTC desks or centralized exchanges.
BTC-0.59%
21:03

Spot Gold Falls 0.14% to $4,240.66; Silver and Copper Also Decline on Thursday

Spot gold fell 0.14% to $4,240.66 per ounce on Thursday's New York close, after reaching $4,304.09 in early Asia-Pacific trading before retreating throughout the session. Spot silver declined 0.83% to $61.5299 per ounce, trading between $62.9050 and $60.8750 amid continued pressure. COMEX copper futures dropped 0.12% to $6.7195 per pound, having risen to $6.8665 during early European trading.
20:58

Spot Gold Edges Up to $4,252.60 on Softer Labor Data; Hormuz Talks Trim Geopolitical Premium

According to Kitco, Thursday, Aug 6, spot gold traded near $4,252.60, up 0.15%, while spot silver fell to $61.39, down 0.86%, as softer labor-market momentum and lower Treasury yields offset a firmer U.S. dollar. Initial jobless claims rose only 1,000 to 199,000 for the week ended Aug. 1, below the expected 205,000, tempering expectations for a Fed rate hike in September. The Strait of Hormuz remains a live macro shock, but geopolitical risk is easing. Iran said an agreement with Oman over the w
More
20:57

Optimism Plans 343M OP Release in Year 5, Buyback Covers Only 2.6% of New Supply

According to Optimism Foundation's Year 5 Outlook released Thursday, the project plans to release approximately 343 million OP tokens over the next 12 months (May 2026–April 2027). The breakdown includes 200 million from the Ecosystem Fund, 47.6 million from early core contributors, 15.3 million from investors, and 10 million from the Governance Fund, totaling 272.9 million. The remaining 70 million OP remains unexplained. Optimism's buyback program, approved in January 2026, has purchased 9 mil
More
OP-1.92%
20:47

Saudi Official: Iran, Houthi Forces, Iraq Militias Planning Coordinated Attack on August 7

According to Jin10, a Saudi official stated on August 7 that intelligence reports indicate Houthi forces, Iraqi militias, and Iran's Revolutionary Guards are coordinating plans to attack Saudi Arabia. The official noted that reconnaissance has detected movements of drones and missiles, suggesting a potential coordinated assault from both northern and southern directions targeting civilian and economic infrastructure, including energy facilities, ports, and airports. The official expressed partic
More
20:43

Sweetgreen Cuts Full-Year Outlook, Projects 7-8% Same-Store Sales Decline as Cyclospora Fears Weigh on Sales

According to CNBC, Sweetgreen cut its full-year outlook on Thursday, projecting same-store sales declines of 7-8% versus its previous forecast of 2-4%, as diner fears over the ongoing cyclospora outbreak dampen demand for fresh produce. The salad chain's stock fell more than 15% in extended trading. The company, which has not been implicated in the outbreak that has sickened at least 10,000 people, also lowered its adjusted EBITDA guidance to a loss of $23-27 million from an earlier forecast of
More
20:42

ContextLogic Buys gChem for $850M Using BC Partners' $4B Net Operating Loss Strategy

ContextLogic agreed to buy specialty chemicals firm gChem for approximately $850 million from EagleTree Capital on August 5, marking the second major acquisition under a tax-driven strategy pioneered by BC Partners. The private equity firm is leveraging nearly $4 billion in net operating losses (NOLs) accumulated by ContextLogic—a shell company recapitalized 18 months ago—to indirectly fund acquisitions of profitable businesses without triggering tax obligations until the NOLs are fully depleted
More
20:41

Trump States Hormuz Strait Deal Not Yet Formally Reached, U.S. Participating in Negotiations on August 6

According to CCTV, on August 6, U.S. President Trump stated that an agreement on reopening the Strait of Hormuz "cannot be said to have been officially reached," but the strait is "partially open" to some degree. Trump said the U.S. is participating in ongoing negotiations and progress is proceeding well overall. He noted that the U.S. Navy is currently conducting blockade operations against Iran and controlling the relevant waters, though security risks such as naval mines could still affect co
More