Gate Crypto Flash News and Market Updates

According to Bubblemaps, an attacker recently exploited a Cosmos EVM module vulnerability to steal $50 million in NES tokens from Nesa Chain but ultimately netted only $60,000 in profit due to severe slippage during token conversion. The attacker, operating from an address starting with 0x9AE7, first spent $250,000 to purchase NES and bridge it to Nesa Chain, then leveraged the vulnerability to inflate the account balance 200 times before transferring $50 million NES back to Ethereum. The attack

According to Bloomberg, the USD Index rose 0.2% today (August 26), hitting a one-week high.

According to Korea Economic TV, Park Hyun-joo, chairman of Mirae Asset Group and global strategist, dismissed criticism that Samsung Electronics' stock decline stems from insufficient shareholder returns on August 26. "If Samsung and SK Hynix had paid high dividends, they would never have been created. Companies improve by reinvesting profits, not paying dividends," Park stated during a meeting with Digital X executives at Four Seasons Hotel Seoul.

According to Seoul Economics on August 26, Mirae Asset Group Chairman Park Hyun-ju announced the company's new 'Mirae Asset 3.0' strategy, aimed at merging traditional and digital assets to expand the digital asset scale to 150 trillion won. The strategy focuses on diversifying investment products by tokenizing major stocks and digitalizing physical assets such as gold and electricity. Park outlined plans to create security tokens (STO) for major Korean companies including Samsung Electronics an

According to Businesswire, Avalanche Treasury Company (AVAT, Nasdaq-listed) reported a net loss of $44.7 million in Q2 2026 as of June 30, with $35.7 million stemming from fair value adjustments, realized losses, and impairment of its 15.3 million AVAX tokens (roughly $100 million in book value). The remaining $15.2 million in losses came from one-time transaction costs related to business combination completion. The company's board also approved a share repurchase plan for up to $10 million of

According to BlockBeats, on August 26, Pump.fun announced its application now supports HyperEVM token trading. Users can trade any HyperEVM token directly using USDC while earning Callout rewards and paying near-zero transaction fees.

According to UAnalyze, SpaceX announced on August 26 plans to invest $100 billion to build Starbase Louisiana along the Gulf Coast in Vermilion Parish, covering approximately 125,000 acres. The facility will feature five launch complexes with two launch pads each, totaling over 12 launch towers. Construction is slated to begin in 2027, with first Starship launch targeted for 2029. CEO Elon Musk stated the long-term goal is to conduct over 30 Starship launches daily following regulatory approval.

According to China Maritime Safety Administration, navigation is prohibited in parts of South China Sea from Aug 27 at 6 a.m. through Aug 29 at 10 p.m. due to military training operations.

According to Bitcoin.com News, U.S. M2—a measure of money supply including cash and highly liquid deposits—reached a record $23.16 trillion, while global M2 across major economies approached $103 trillion as of August 2026. Bitcoin, trading between $78,250 and $79,500 over the last 24 hours, has rallied significantly since early August when it hovered near $63,000, yet remains approximately 37% below the October 2025 all-time high above $126,000. Market observers including Ash Crypto suggest the

According to Fairlead Strategies analyst Katie Stockton, speaking to CNBC, Bitcoin has broken above its 200-day moving average this week, reaching roughly $81,000 before trading near $78,400. The cryptocurrency's rebound has a stronger technical foundation than gold's recent advance and could have considerably more room to run, Stockton said. US spot Bitcoin ETFs recorded about $338 million of net inflows on Aug. 24, with BlackRock's IBIT accounting for $209 million. Bitcoin is testing the $80,5

According to Yonhap Infomax, Shinhan Card confirmed on August 26 the sale of its headquarters building, Pine Avenue A, to MDM Asset Management. The transaction is estimated at approximately 7-8 billion Korean won, with expected gains of over 200 billion won based on the book value of approximately 4.8 trillion won as of June 2026. The sale will be structured as a sale-leaseback arrangement, allowing Shinhan Card to lease the building for up to 10 years after the transaction. The company is sched

According to France's President's Office, Sweden will sign a contract to purchase four frigates manufactured by French Naval Group (Groupe Naval Français). The agreement marks a defense cooperation milestone between the two nations.

According to Adam Fry, OpenAI's ChatGPT product lead, a routing bug recently directed approximately 3% of Pro and Thinking requests to GPT-5.5-mini instead of the selected GPT-5.6 model. The issue has been fixed. Users reported noticing response speed increases and quality degradation. Network request inspection confirmed that while the frontend requested GPT-5.6, the server was returning gpt-5-5-mini responses.

According to Odaily 星球日报, President Trump continues efforts to expand influence over U.S. monetary policy by replacing Federal Reserve officials and appointing his candidates, though facing legal and Senate political obstacles. The outlet identified four potential windows for future Fed personnel changes: the Cooke dismissal case, Powell's term ending in 2028, Jefferson's potential departure, and the Atlanta Fed presidency appointment. These moves could ultimately reshape the voting structure of

According to MSX.COM data, the U.S. stock market opened lower on August 26, with the Dow Jones Index down 0.12%, S&P 500 down 0.14%, and Nasdaq Composite down 0.17%. The VIX volatility index rose 1.75%. AI-related stocks declined broadly, with SAP dropping 3.08%, Palo Alto Networks falling 2.94%, ServiceNow down 2.88%, Snowflake declining 2.62%, and EPAM losing 2.6%.

According to Odaily, MiniMax's To B business now accounts for approximately 80% of annual recurring revenue (ARR), up significantly from around 30% a year ago, with To C business declining to 20% from 70%. The shift reflects accelerating adoption among enterprises and developers. MiniMax attributed the change to continuous upgrades of its M2 series and the launch of M3 and H3 models, which improved both model intelligence and inference throughput, making enterprise and developer API calls its pr

According to Google Cloud, Gemini Enterprise will now offer a pay-as-you-go pricing model, allowing enterprises to avoid fixed subscription fees and set monthly spending caps. Once budget is exhausted, AI agents will pause operations. Long-term commitment customers receive 10% to 20% discounts, while tasks scheduled during off-peak hours can earn up to 50% discounts. The company aims to reduce AI adoption costs and expand the enterprise AI market.

According to CBS News, President Trump has not yet named a replacement for White House Press Secretary Caroline Leavitt as of Aug 26. Leavitt's final day in office is set for this Friday, Aug 28.

According to Gate data, Germany's DAX 40 index broke above 26,400 points, hitting 26,415.99 in 24-hour trading, up 0.6%.

According to Federal Reserve data from the New York Fed, the secured overnight financing rate (SOFR) hit 3.66% on August 25, up from 3.65% the previous day, while the effective federal funds rate held steady at 3.63%.