Gate Crypto Flash News and Market Updates

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.

According to Coinglass data cited by ChainCatcher, Ethereum liquidations across major centralized exchanges could trigger $871 million in long position liquidations if ETH falls below $2,337. Conversely, if ETH breaks above $2,572, accumulated short liquidations would reach $294 million.

According to Whale Alert, approximately 1,000 WBTC worth $77.4 million transferred from an unknown wallet to mining pool F2Pool on August 23.

According to Odaily, Jiang Zhuo'er announced on X that he has completed his ETH position rebalancing. He sold 50% of his Ethereum holdings at $2525 and repurchased them at $2450, closing the swing trade at a profit.

According to Odaily星球日报, Zhiyuan's core product Spirit G2 secured two gold medals, three silver medals, and two bronze medals in completed events at the Second World Humanoid Robot Sports Games as of August 23. The company's products Spirit G2, Ling Xi X2, and Yuan Zheng A3 are all participating in the competition. Zhiyuan currently ranks first on the medal standings.

Michael Burry, the famous value investor known for The Big Short, swapped his Alibaba holdings for JD.com shares several months ago. Burry has stated he will not reverse the trade by converting his JD.com position back to Alibaba.

According to the New York Times, Anthropic is planning an initial public offering (IPO) to raise over $100 billion with a target valuation of approximately $2 trillion, announced August 23. The AI company is conducting investor roadshows with investment banks. If successful, Anthropic would surpass SpaceX's record set in June 2024—which raised $8.57 billion at a $17.7 trillion valuation—making it the largest IPO in history. Anthropic previously valued itself at around $900 billion in its latest

According to Xinhua, a 6.0 magnitude earthquake struck off the coast of Hokkaido, Japan, on August 23.

According to Hana Securities analyst Lee Jun-ho, Kakao lowered its target price to 50,000 Korean won from 58,000 won today (August 23), as the company moves forward with plans to separate into Kakao AI and Kakao X. Hana Securities recommended a cautious approach to the stock, citing a near-term lack of re-rating catalysts beyond gains from listed subsidiaries.

According to Axios on August 22, citing three U.S. officials, approximately 40 oil tankers transited the southern shipping lane of the Strait of Hormuz on the evening of August 21, exporting about 16 million barrels of crude oil.

According to Foresight News, ZRO briefly broke through 1.25 USDT on August 23, trading at 1.221 USDT with a 24-hour gain of 21.61%, according to Bitget market data.

According to GMGN data, SOL Meme coin CYBERLEEK hit a market cap of $23 million intraday on August 23, surging more than 12x in a single day. The token is currently trading at $21 million. CYBERLEEK was issued by the hacker of the same name who previously leaked internal materials from Grand Theft Auto 6.

According to Coinglass data, over $349 million in liquidations occurred across crypto markets in the past 24 hours, with long liquidations totaling $205 million and short liquidations reaching $144 million. Bitcoin saw $58.64 million in long liquidations and $31.44 million in short liquidations, while Ethereum recorded $55.95 million in long liquidations and $50.17 million in short liquidations. A total of 80,986 traders were liquidated during the period, with the largest single liquidation occu

According to HTX market data, Solana (SOL) broke through the $95 level, trading at $95.00 with a 24-hour gain of 1.34%.