Gate Crypto Flash News and Market Updates

According to Odaily (via Hyperbot data), trader MacJiDaGe opened a 10x leveraged PUMP long position today of 400 million tokens valued at $1.95 million with an average entry price of $0.004931. The position is currently down $16,000. MacJiDaGe's 10x leveraged HYPE long position has also increased to 120,000 tokens. Combined with existing holdings of 20,900 ETH and 560 BTC, the trader's four positions total approximately $108 million in value.

According to sources familiar with the matter, smart ring maker Oura Health is discussing with existing investors to pursue an IPO as soon as September to raise up to $3 billion, valuing the health-tracking technology company at over $16 billion. This represents a significant increase from September 2025, when Oura closed an $875 million Series E round at a $11 billion valuation. The company, which filed IPO documents confidentially in May 2026, is working with an underwriting team including Gol

According to Hong Kong Stock Exchange filings, Alibaba Chairman Cai Chongxin purchased 720,000 shares for HK$82 million on Tuesday (August 25). On the previous day, Cai and CEO Wu Yongming combined increased holdings of 1.07 million shares totaling HK$120 million, signaling confidence in the company's AI strategy. The purchases follow Alibaba's announcement of an HK$8 billion share offering, with proceeds directed entirely to full-stack AI capabilities and AI infrastructure development.

According to Japan Meteorological Agency, a 4.8-magnitude earthquake struck off the southeastern coast of Hokkaido's Nemuro Peninsula on August 25 at 18:07 local time. The maximum seismic intensity was 3, with a focal depth of 80 kilometers. No tsunami risk was identified.

According to PANews, Anthropic instructed its San Francisco office employees to work from home starting this week following notification from its security services provider Allied Universal that potential strikes may occur. The company directed staff not to visit the San Francisco office on Monday and Tuesday as a precaution. However, the union representing the security personnel stated they were unaware of any planned strike action.

According to Lookonchain, a dormant whale sold 1,400 BTC worth approximately $111.61 million recently, realizing gains of about $76.5 million after four years of holding.

According to BlockBeats, on August 25, BitMEX founder Arthur Hayes reiterated his bullish stance on ENA, stating that off-exchange brokers have begun inquiring about borrowing U.S. dollars—a sign that basis trading is returning. Hayes noted the return of basis trading activity would benefit ENA significantly. He previously purchased 22.64 million ENA tokens in early August for approximately $2 million. ENA was trading at $0.15, down 7.1% in the past 24 hours, according to HTX data.

According to its announcement on August 25, Everbright Fund Management has suspended redemption services for its Everbright Crude Oil Securities Investment Fund (QDII) on August 31, 2026, as the London Stock Exchange will be closed that day. Redemption services will resume on September 1. The suspension affects all share classes of the fund, including A-class RMB shares (code 161129), A-class USD shares (code 003322), C-class RMB shares (code 003321), and C-class USD shares (code 003323).

According to Jin10, E Fund announced on August 25 that it will suspend redemption services for its China Crude Oil Qualified Domestic Institutional Investor (QDII) fund on August 31, 2026, due to London Stock Exchange closure. Redemption services will resume on September 1. The suspension applies to all share classes of the fund.

According to Korea Exchange, Korean cosmetics stocks soared in August, with Korean Colmar surging 57.5% and Cosmax rising 55.1% as semiconductor stocks declined. Korean Colmar achieved a record quarterly operating profit of 100 billion won in the ODM (original design manufacturing) sector, while Cosmax exceeded 500 billion won in quarterly revenue for the first time. The rally was driven by strong export growth. South Korea's cosmetics exports reached 7 billion dollars in the first half of 2026,

According to ChainCatcher, Visa announced today its participation in Singapore's Monetary Authority (MAS) BLOOM initiative, partnering with Nium to pilot stablecoin settlements. The collaboration aims to enhance cross-border fund flows and reduce settlement delays by enabling 24/7 transactions, including weekends and public holidays. The pilot will support regulated stablecoins denominated in major currencies, including U.S. dollar and euro-backed stablecoins.

According to Korea Exchange, SK Hynix accelerated its share buyback program on August 25, with approximately 1.05 trillion Korean won in repurchase orders. Samsung Electronics has also initiated its own buyback effort, marking a rare corporate-driven market support phenomenon in South Korea's equity markets.

According to Binance's official announcement, the exchange will adjust cross-collateral leverage borrowing rates, transferable collateral rates, and unified account collateral rates on August 28, 2026, at 14:00 UTC+8, with adjustments expected to complete in approximately 30 minutes.

According to ChainCatcher, TRON network super representatives initiated Proposal 107 voting on the mainnet, with voting ending on August 28 at 2 p.m. (Singapore time). The proposal seeks to enable TVM compatibility features with Ethereum's Prague and Osaka upgrades in GreatVoyage-v4.8.2, including support for historical block hash queries, new CLZ instruction, secp256r1 precompiled contract supporting Passkey verification, and optimized MODEXP energy consumption.

According to Bank of America data, active equity funds sold $44.4 billion of semiconductor stocks in August, marking a significant shift in institutional capital allocation. The selloff reflects money moving away from crowded AI trades toward telecom, energy, materials, and power grid modernization sectors, indicating a reallocation within AI-related investments rather than a complete exit from the theme.

According to Bitstamp data, Bitcoin breached $81,255 at 10:45 p.m. EST on August 24, lifting the digital asset's market capitalization to nearly $1.62 trillion. The surge followed reports that the U.S. Treasury plans to use its General Account to fund bond purchases. Coinglass recorded $282 million in Bitcoin short liquidations within 24 hours, accounting for approximately 62% of all liquidated short positions across the cryptocurrency market during the period.

According to a ChainCatcher report citing Vaults.fyi, the DeFi vault market has become highly concentrated over the past year. The top 5 vault managers control 69% of the market's $112.9 billion in total locked value, with the top 10 accounting for 79.1%. The report covers 856 vaults across 131 managers and 18 protocols. Notably, the rankings shifted significantly: Sentora and Concrete—absent from the market a year ago—now rank second and fourth respectively, while Usual dropped from fourth to t

According to Politico, U.S. Trade Representative Grier was invited to attend the European Union trade conference scheduled for October.

According to Guru Club, spot silver declined 2% intraday on August 25, trading at $67.55 per ounce.

According to Iranian media, on August 25, Iran's ground forces commander Brigadier General Jahansahi stated during a border inspection that the military is at the highest level of combat readiness. The military has been equipped with new weapons and contingency plans to counter threats. Jahansahi warned that any cross-border or aggression against Iranian territory would face a "far stronger response than ever before."