Gate Crypto Flash News and Market Updates

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

According to CBS, Minneapolis Federal Reserve President Neel Kashkari said on August 23 that there are no signs of dysfunction in the U.S. Treasury market.

According to Jin10, on August 23, Chinese Foreign Minister Wang Yi met with Jordan's Deputy Prime Minister and Foreign Minister Safadi in Beijing, who accompanied King Abdullah II on his state visit. Wang Yi stated that President Xi Jinping cherishes the friendship and mutual trust established with King Abdullah II. The visit marks King Abdullah II's first trip to China in 11 years.

According to Fortune, Bitcoin surged to over $77,000 this week, breaking through its previous range of $62,000 to $67,000 that had persisted for several weeks. The rally accelerated after the U.S. Treasury announced an expansion of long-term government bond repurchase operations, which subsequently pushed long-term Treasury yields and the U.S. dollar lower. Over $4 billion in short positions were liquidated as Bitcoin and alternative assets like gold rallied in tandem.

According to OKX market data, TRUMP broke through $2.9 today, trading at $2.908 with a 24-hour gain of 22.16%.

According to The Wall Street Journal, former U.S. President Donald Trump conducted over 1,000 securities trades in June, with purchases exceeding 550 transactions and sales surpassing 450. Among disclosed transactions above $1 million, Trump's major purchases included Berkshire Hathaway, Visa, and Mastercard, while his significant sales involved Meta Platforms and other equities.

According to BlockBeats, CZ commented on August 23 that the trend pairing meme coins with tokenized stocks is 'fresh and interesting,' as it provides inherent utility to meme tokens. However, CZ emphasized the need to ensure that issuers can actually fulfill their obligations.

According to Bloomberg, Citadel unwound over 80% of the total risk associated with its stock portfolio acquired from AI hedge fund Situational Awareness on Friday, August 21, through nearly 100 block trades totaling over $4 billion. Ken Griffin disclosed the rapid risk reduction in a letter to investors, noting the trades included some of the largest single-day intraday block trades for 10 different stocks this year. Citadel agreed to acquire Situational Awareness' stock positions late July to a

According to Tasnim News Agency, on August 23, Iranian Islamic Revolutionary Guard Corps spokesperson Mohbib stated that Iran has prepared countermeasures for various hostile U.S. actions, including responses to economic pressure. Speaking at a news conference in Karaj, northern Iran, Mohbib said the U.S. announcement of "the most severe economic war" against Iran actually indicates U.S. failure to achieve military objectives. He noted that U.S. economic sanctions on Iran have lasted 47 years, w

According to Maeil Gyeongje, DigitalX, the operator of Korean crypto exchange Korbit, announced on August 23 that it will eliminate all trading fees for one year beginning August 24. The company cited support for customers who faced difficulties in recent market conditions, while also pledging to develop new products and services to advance the digital asset market. DigitalX plans to secure up to 300 billion KRW in additional capital from parent company Mirae Asset by Q1 2027 to offset lost fee

According to the Chinese Embassy in Saudi Arabia, several Chinese citizens were recently detained for failing to declare large cash amounts under Saudi Arabia's revised Anti-Money Laundering Enforcement Regulations. Additionally, cases of telecommunications fraud and illegal currency exchange targeting Chinese nationals have increased. The embassy has issued a warning to all Chinese citizens in the country to comply with local regulations and remain vigilant against fraud schemes.

According to Hyperbot data monitored by ChainCatcher, MaJi Dage's all long positions are currently profitable, with a total investment return of 55%. The trader holds 26,800 ETH across a 25x leveraged position, generating approximately $2.653 million in unrealized gains. Additionally, MaJi Dage maintains a 40x leveraged Bitcoin position of 303 BTC, with unrealized profits of roughly $52,000.

According to BlockBeats, on Aug 23, Huang Licheng (麻吉 founder) increased his Bitcoin 40x leveraged long position to $23.48 million, with entry price at $77,439.10 and liquidation price at $49,838.41, according to TradingBeats monitoring data.