Gate Crypto Flash News and Market Updates

Cryptocurrency exchange Toobit has been named Global Exchange of the Year at the FinanceFeeds Awards 2026, marking its fourth major industry award in 2026. The award recognizes exchanges operating broad trading infrastructures at scale. Toobit reported daily trading volume exceeding $30 billion across more than 1,000 trading pairs, with over 4 million active traders spanning 100-plus countries. The exchange's platform combines derivatives, copy trading, AI-based tools, and more than 150 TradFi p

On August 11, Thailand's government suspended the issuance of gun permits and launched a nationwide review of pending transactions, according to official announcements. Prime Minister Anusith ordered enhanced nationwide gun control measures to combat illegal weapons and black market firearms. The Interior Ministry will submit proposed amendments to the Gun Act within 60 days, which include stricter checks on dealers and ammunition sales, and will require gun ownership and usage permits to be ren

According to METINVEST, Russian airstrikes on the Zaporizhzhia steel plant resulted in the deaths of seven employees. The incident marks the latest attack on Ukrainian critical infrastructure amid ongoing military operations in the region.

Ukrainian military attacked an oil refinery in Orsk, Russia on Aug 11, according to official military statements. The strike targeted critical energy infrastructure as part of ongoing military operations.

The Milken Institute will hold a summit in Toronto for the first time next month, coinciding with an investment conference organized by Prime Minister Mark Carney aimed at attracting additional capital to Canada.

According to an announcement on Monday, SharpLink, the second-largest Ether treasury company, reported a net loss of $394 million for Q2 2026, compared to a $103 million loss in the same period last year. The loss comprised $321 million in unrealized crypto losses and $76 million in impairments on staked ETH tokens, as Ethereum fell approximately 23% during the quarter. SharpLink holds 863,000 ETH worth $1.46 billion, generating $11.5 million in Q2 revenue, primarily from ETH staking. Cash and c

According to Bloomberg, Nasdaq announced on August 11 it has agreed to acquire dark pool trading platform LeveL Markets, acquiring full ownership of the company. Dark pool trading platforms enable institutional investors to execute large block trades without public order information disclosure, reducing market impact and improving execution efficiency.

According to Jin10 Futures, as of 9:20 p.m. on August 11, multiple commodity options posted significant gains. PTA2609 put options (strike 5600) surged 225% to 13.0 yuan per ton, while methanol2609 put options (strike 2550) climbed 133.33% to 7.0 yuan per ton. Xylene2610 put options (strike 7500) gained 100% to 50.0 yuan per ton.

On Aug. 11 at 4:05 a.m. GMT, Brent crude futures traded at $87.62 a barrel and West Texas Intermediate at $82.08, buoyed by fading hopes for a U.S.-Iran agreement and persistent supply concerns around the Strait of Hormuz. Both benchmarks surged over 5% on Aug. 10, with Brent briefly reaching $88.09 and WTI touching $82.52, their highest levels since late July. The physical market underscores the supply risk: only six vessels passed through the Strait of Hormuz on Aug. 10, compared with a 10-day

According to Sui's official announcement on August 10, Sui introduced Tessera, a private blockchain payment and settlement network that uses Seal multi-party computation technology to hide transaction amounts while enabling authorized parties such as regulators and compliance officials to access transaction information when required. The prototype is being developed on the Sui blockchain to address institutional reluctance to conduct real-world transactions on public networks where competitors c

According to Foresight News, Sushi's token issuance platform Pools.fun has deployed its token issuance contract on Robinhood Chain, with all tokens required to issue through the contract. The fee structure allocates 25% to a community pool for weekly buyback and burn of the top three traded tokens by volume, 20% to token deployers, and 25% to platform operations.

According to Foresight News, Bitget launched a VIP-exclusive Ethereum yield product on August 11, 2026, available until August 16, 2026 (UTC+8). The product is limited to VIP users who participated in the 2U2 PoolX between August 7-11, 2026 (UTC+8). The offering provides a maximum annual percentage rate of 3.5%.

According to The Information, Layer Global completed $1.1 billion Series A funding on August 11. The platform was founded by Anton Levy, a veteran technology investor at General Atlantic.

Individuals in India lost 916.85 billion rupees ($9.6 billion) buying and selling equity futures and options in the fiscal year ended March 2026, according to data.

According to Xinhua News Agency, on August 11, Hungary's parliament elected Andras Boaka, former chief justice of the Supreme Court, as the country's new president.

South Korea's TIME Dividend Dow Jones Active ETF is set to be delisted on August 19, 2026, after failing to meet correlation coefficient benchmarks for three consecutive months from May 14 through August 14, 2026. Trading will be halted on August 18, and redemption payments will be issued on August 21 based on net asset value (NAV). Investors holding the ETF can sell shares on the open market until trading stops, or retain holdings through delisting to receive NAV-based redemption proceeds.

Brent crude oil fell below $86 per barrel with an intraday decline of 1.32% today. WTI crude oil dropped 1.00%, currently trading at $80.59 per barrel.

According to Iran's Fars News, Pakistan's Interior Minister will arrive in Iran within hours to hold talks.

According to The Block, Grvt announced a partnership with tokenization company Ondo Finance to establish a $100 million position in USDY over the next year. USDY is a tokenized yield product primarily backed by short-term U.S. Treasury securities and similar assets.

Yongjia Group (03322) announced that for the six months ended June 30, 2026, it expects a loss after tax of approximately 9 million Hong Kong dollars, narrowing significantly from a loss of 56 million Hong Kong dollars in the same period of 2025. The improvement was driven primarily by the fashion brand and specialty business, which achieved operating profit of approximately 35 million Hong Kong dollars (up 21 million Hong Kong dollars from 14 million Hong Kong dollars previously), and the sport