Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
05:25

Citi Raises September Rate Hike Risk for RBA as July Inflation Misses Forecast

According to Citi economist Faraz Syed on August 26, the Reserve Bank of Australia's inflation forecasts face increasing downside risk. July inflation data came in hotter than expected, indicating third-quarter price growth will likely exceed the RBA's assumption of 0.8% quarter-over-quarter, Syed said. He now expects the RBA will need to raise rates again before year-end, with a material risk of a September hike. The economist also flagged that risks skew toward more rate increases rather than
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05:21

POSCO International Completes Trade Receivables Tokenization Pilot on Avalanche on August 25

According to Avalanche's official announcement, POSCO International completed a pilot project on August 25 to tokenize real-world trade receivables on the Avalanche blockchain. The initiative involved POSCO International America, trade-finance platform Olea (backed by Standard Chartered Ventures), and blockchain infrastructure provider Intain. Unlike experimental projects using simulated data, the pilot involved actual trade receivables and real capital. Olea purchased the tokenized receivables,
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AVAX-4.13%
05:21

5 Vessels Transit Strait of Hormuz on Tuesday, Down from 15-Ship 10-Day Average

According to Jin10 data and Kpler shipping tracker, on Tuesday, August 26, only five commodity ships transited the Strait of Hormuz, below the 10-day average of 15 vessels. The vessels included two liquefied petroleum gas tankers and one asphalt tanker departing the strait, plus two empty product tankers entering from the Gulf of Oman. On Monday, four commodity ships passed through the chokepoint. Cargo traffic through the Strait of Mandeb held steady at 31 vessels, consistent with the 10-day av
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05:18

USDC Treasury Mints $500M on Solana in 6 Hours

According to Whale Alert, USDC Treasury minted 500 million USDC on Solana in two separate transactions on August 26. The Treasury conducted minting at 06:41 and 13:12 Beijing time, adding 250 million USDC each time.
SOL-4.66%
05:17

Indian Refiners, Global Energy Major Avoid Iran's 45-Ship Blacklist on August 26

According to Jin10, on August 26, at least three Indian refiners and a global energy major plan to stop using vessels on Iran's newly published blacklist of 45 ships, including those used for ship-to-ship transfers. Iran released the blacklist this week, stating the vessels violated its regulations on transiting the Strait of Hormuz.
05:16

U.S. Treasury Faces Heightened Financing Pressure, Short-Term Bills to Shoulder More Debt Issuance

According to Columbia Threadneedle Investment's fixed income team head Gary Smith, on August 26, the U.S. Treasury's financing needs remain substantial. With bond auction sizes expected to remain stable through 2027, short-term Treasury bills may need to absorb additional financing pressure. The shift toward greater reliance on short-term bills would make Treasury's financing structure more sensitive to short-term interest rates, investor demand, and auction conditions. The next quarterly refina
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05:13

SoftBank Plans $100-200B Bond Issuance to Refinance OpenAI Investment by September

According to sources cited by external media on August 26, SoftBank Group is in discussions with investment banks to issue bonds worth $100 billion to $200 billion, aimed at refinancing a $40 billion bridge loan obtained for its OpenAI investment. The bond offering could be denominated in U.S. dollars and euros, with issuance potentially beginning in September. SoftBank aims to invest approximately $65 billion in OpenAI by October, with part of the funding sourced from loans. The company is cons
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05:09

Crypto Fear and Greed Index Surges to 74, Highest Since October 2025 Market Crash

According to CoinDesk, the Crypto Fear and Greed Index surged from 27 (fear) on August 12 to 74 (greed) on Tuesday, August 26, marking a sentiment reversal in less than two weeks, before pulling back to 65 on Wednesday. This level was last reached on October 5, 2025, five days before the market crash that liquidated approximately $19 billion in leveraged positions. Bitcoin rallied from below $68,000 last week to near $80,000, while major altcoins gained up to 70%.
BTC-1.92%
05:09

Shopify CEO Considers Disabling Claude Code Over Separate Configuration File

According to Grok analysis, Shopify CEO Tobi Lütke is considering disabling Claude Code because it insists on using its own CLAUDE.md configuration file instead of the shared AGENTS.md standard used by other AI tools at the company. The dual-file approach creates maintenance risks; when synchronization lapses across large code repositories, teams may apply outdated rules. Lütke's request is straightforward: Claude Code should adopt AGENTS.md like other tools, requiring only one maintained config
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05:07

SK Hynix, Samsung Complete Record-Setting Share Buybacks Worth 55 Trillion Won Over 4 Trading Days

According to Korea Exchange data, non-financial companies—primarily SK Hynix and Samsung Electronics—purchased 5.37 trillion won in shares over four trading days from August 20–25, offsetting 5.95 trillion won in foreign investor sales. SK Hynix announced a 40 trillion won buyback (representing 3.3% of issued shares, the largest in Korean corporate history), while Samsung committed to a 15 trillion won repurchase. The buybacks stabilized stock prices despite heavy foreign selling, with SK Hynix
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05:01

SoftBank Considers $10-20B Bond Issuance to Refinance OpenAI Investment Loan, Potentially in September

According to Bloomberg, SoftBank is considering issuing $10-20 billion in bonds to refinance a bridge loan for its OpenAI investment, with the bond offering potentially launching as early as September. The debt, which may be denominated in both U.S. dollars and euros, would partly repay the $40 billion bridge loan obtained earlier this year. SoftBank plans to invest approximately $65 billion in OpenAI by October.
05:01

Peak XV Partners Leads $15M Series A Extension for Indian Voice AI Startup Ringg AI

Bengaluru-based Ringg AI closed an extended Series A round of $15 million on August 26, with Peak XV Partners leading the round and Arkam Ventures and Capital 2b participating. The voice AI agent startup, which builds conversational AI systems for customer interactions and downstream business workflows, plans to use the funding to expand its voice, WhatsApp, and browser agents while improving speech-to-text models and accelerating enterprise sales in India and overseas. Ringg AI's agents are alr
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04:58

South Korea's Financial Services Commission Replaces Virtual Asset Division Director on August 27

According to Yonhap Infomax, South Korea's Financial Services Commission will conduct personnel changes on August 27, including replacing Kim Sung-jin, director of the Virtual Asset Division. Kim will be reassigned to the asset management division, with Seo Na-yun, director of the Financial Data Policy Division, expected to succeed him. The Virtual Asset Division, established in July 2024, has been leading South Korea's virtual asset policy and is responsible for drafting the Digital Asset Basic
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04:55

Five South Korean Active ETFs Delisted in July-August Over Correlation Coefficient Requirements

According to Blotter, five active ETFs in South Korea were delisted in July and August 2026 after failing to meet regulatory correlation coefficient requirements below 0.7. Four funds from Korea Investment Trust Management—ACE TDF2030, ACE TDF2050, ACE TDF Long-term Asset Allocation, and ACE Apple Value Chain active—were delisted in July, followed by Time Portfolio's TIME U.S. Dividend Dow Jones Active in August. Despite generating strong one-year returns ranging from 14.7% to 167.8%, outperform
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