Gate Crypto Flash News and Market Updates

According to the U.S. Commodity Futures Trading Commission (CFTC), crypto ATM-related fraud losses reached $388 million in 2025, up 58% year-over-year, according to FBI data. Scammers are increasingly using crypto ATMs, gift cards, third-party applications, and courier delivery services to trick victims into transferring funds. The CFTC warned that legitimate government agencies, financial institutions, and trusted companies will never request payments via crypto ATM, gift cards, or courier serv

According to BlockBeats, BioNTech (BNTX.O) shares fell approximately 8.7% on August 28 after the company announced termination of its Phase 2 clinical trial for colorectal cancer, according to BIT (bit.com) market data. U.S. stock indices opened mixed on the same day, with the Dow Jones rising 0.21%, the S&P 500 up 0.05%, and the Nasdaq declining 0.09%.

According to Reuters on August 27, more than 100 technology, financial and cybersecurity companies including OpenAI, Anthropic, Microsoft, Google and Cloudflare have backed an industry warning calling for stronger AI-powered defenses and closer government-private sector cooperation. The group also seeks greater access to advanced AI models for trusted security organizations conducting defensive work. Crypto platforms remain especially exposed to AI-driven attacks. TRM Labs recorded 201 crypto ha

At the HSC Conference in Ho Chi Minh City on August 15, senior leaders from Ledger Enterprise, Bybit, Metis, and Monad examined why mature Web3 infrastructure has failed to achieve mainstream adoption. The panel, moderated by Bruce Kurtz of Kanga Global, identified trust as the sector's most persistent vulnerability, with participants noting a split between regulated stablecoins and decentralized finance's "wild west" of hacks and security breaches. While technical progress has eliminated prohib

Russia's Defense Ministry successfully tested an intercontinental ballistic missile on August 28, according to the ministry's statement reported by CCTV.

According to Odaily, as of today, trader Huang Lisheng's 10x leveraged HYPE and PUMP long positions are underwater by $93,000 and $447,000 respectively, based on Hyperbot data. His BTC and ETH long positions are supporting the portfolio with unrealized gains of $824,000 and $27,000. Overall position P&L has narrowed by $337,000, bringing the portfolio ROI to 5.8%.

According to Odaily, Hyperbot data shows that Garrett Jin, the proxy of the "1011 insider whale," has unrealized gains exceeding $4 million on his 3x leveraged Bitcoin long position after adding 600 BTC at an average price of $79,000 two days ago. Meanwhile, his 32,700 ZEC short position (valued at $25.28 million) opened at an average price of $444 is facing unrealized losses surpassing $11.5 million.

According to Odaily, Federal Reserve official Christopher Waller said the Fed should raise interest rates, as waiting would only bring pain. Waller also stated he does not believe financial conditions are in a restrictive state.

According to CNN, former President Trump will attend the 9-11 memorial event at the Pentagon rather than in New York City. The change in location marks a shift from previous practice of commemorating the anniversary in Manhattan.

According to Fawad Razaqzada, Market Analyst at FOREX.com, gold prices traded around $4,600 an ounce in late August, holding above key support levels after rallying 15% through the month driven by concerns over U.S. government debt and dollar debasement. The U.S. Treasury Department's announcement to increase purchases of long-dated bonds to stabilize the yield curve has tempered the trade somewhat, with Razaqzada warning that unless long-term bond yields decline meaningfully, investors may view

According to CNBC, BlackBerry's share price has doubled this year as investors reward the company's strategic pivot to software for cars and secure communications. The company's QNX operating system, which powers critical automotive functions in 275 million vehicles globally, is now being positioned for expansion into industrial robotics and autonomous systems. BlackBerry has accumulated a backlog of $950 million in QNX orders, with robotics representing one of the fastest-growing segments withi

According to reports, on August 28 Nvidia delivered record quarterly results with revenue of $96.2 billion for the 91-day fiscal Q2, up 106% year-over-year, and net income of $60 billion. The company's CFO Colette Kress surprised markets with a fiscal 2028 revenue growth forecast of 70%, significantly above Wall Street's consensus estimate of 44%. CEO Jensen Huang cited supply constraints as the limiting factor, stating "Our demand is much greater than 70%." Nvida stock surged 9% on the day, add

Sportradar Group AG has expanded its partnership with Polymarket to cover more than 20 sports leagues globally, adding roughly 300,000 matches per year of premium data, live streaming, and integrity services to the blockchain-based prediction market. The expansion builds on the original partnership established earlier in 2026, which provided access to properties including the ATP Tour, MLB, NHL, MLS, and UFC. New additions include exclusive streaming rights for Germany's Bundesliga and Euroleagu

Strategy Inc., the software company formerly known as MicroStrategy, ranked among the top-10 most actively traded U.S. equities from August 19 to 24, 2026, generating $4.4 billion in daily trading volume and outpacing Microsoft and Meta in share turnover. On August 19, the stock moved 49.2 million shares in a single session; August 20 saw 46.9 million shares traded; and by August 24, turnover remained above 40 million shares. The company holds over 840,000 BTC on its balance sheet, accumulated t

A federal judge ruled late Thursday that the Pentagon illegally designated Anthropic a supply chain risk, saying neither the Constitution nor federal statute allows the Defense Department to impose sweeping penalties based on the AI company's critique of the Administration's views. The clash began when Anthropic sought assurances that its Claude models would not be used for fully autonomous weapons or domestic mass surveillance, but the Pentagon demanded unrestricted access. The ruling marks a m

According to the Associated Press, Meta agreed to pay up to $18 billion and implement stronger child-safety measures on Facebook and Instagram on Wednesday as part of a legal settlement. The settlement resolved a trial over teen social media addiction and claims filed by nearly every U.S. state.

According to DWF Ventures' research report released recently, over the past three months, only 6.16% of 292,000 wallets analyzed on the Fomo social trading platform turned profitable, with just 25 wallets generating net profits exceeding $10,000. The report identifies a flywheel effect in social trading: traders build reputation through public calls, attracting followers whose inflows push prices higher and validate the calls, creating self-reinforcing growth but also asymmetric risk and herd vo

According to StarkWare, Bitcoin completed an experimental quantum-safe transaction on August 26 using the Quantum Safe Bitcoin (QSB) scheme, designed by Avihu Mordechai Levy in collaboration with MARA Foundation and Tomer Giladi. The QSB scheme provides quantum-resistant security without modifying Bitcoin's protocol, remaining compatible with the network's existing legacy script constraints of 201 opcodes and 10,000-byte size limit. The construction uses RIPEMD-160 preimage resistance instead of

PayPal shares plunged over 14% in early premarket trading Friday (August 28) after reports that a private equity consortium comprising Advent International and Stripe abandoned their takeover bid due to valuation disagreements. As of 4:30 a.m. ET, Nasdaq-100 futures fell 0.3%, while S&P 500 futures were flat with a negative bias. Investors are shifting focus to Federal Reserve Chair Kevin Warsh's first Jackson Hole speech at 10:00 a.m. ET, where traders expect signals on the Fed's policy stance

According to BlockBeats, a16z announced today that it has closed $1.1 billion in funding for its new Machine Age Fund, focused on investing in computing infrastructure to support AI applications. The fund will target chips, memory, networks, storage, data centers, robotics, and home AI devices. a16z cited accelerating demand for compute power and tokens as AI expands from conversational applications into programming and knowledge work.