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
12:27

Hyperliquid Strategies Accelerates Entry Into U.S. Regulated Market

According to Fortune, Hyperliquid Strategies is accelerating its push into the U.S. regulated derivatives market, signaling the platform's commitment to compliance-focused expansion. The entity is advancing domestic business development amid Hyperliquid's growing market influence in perpetual futures trading. The platform has been using trading fee revenue to repurchase and burn HYPE tokens.
HYPE-0.57%
12:25

Michael Burry Exits Alibaba Stake Completely, Calls Stock Overvalued

According to Bloomberg, legendary investor Michael Burry disclosed yesterday that he has fully exited his Alibaba position, stating the stock needs to drop 50% before he would reconsider buying it. Burry, founder of Scion Capital and known for betting against the U.S. housing market during the 2008 financial crisis, moved proceeds into competitor JD.com instead. He initially planned to reverse the transaction, but changed his investment thesis due to Alibaba's deteriorating profitability and dil
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12:23

Fed Chair Warsh to Signal Rate Hike Stance at Jackson Hole on Friday as Treasury Yields Surge

Federal Reserve Chair Kevin Warsh will deliver his first keynote address at the Jackson Hole economic symposium this Friday (August 28), with markets increasingly expecting him to signal a potential path toward rate hikes amid rising U.S. Treasury yields. The speech comes as U.S. inflation has remained above the Fed's 2% target for more than five years, and Treasury Secretary Scott Bessent has intervened in the debt market by expanding bond buyback programs, intensifying pressure on Warsh to add
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12:23

Nvidia Invests $6 Billion in Poolside to Develop Nemotron Open-Weight AI Model

According to The Wall Street Journal, Nvidia invested $6 billion in technology licensing from AI startup Poolside this week and will absorb over 100 engineers, including core technical staff, to accelerate development of Nemotron, an open-weight AI model. Under the deal, Nvidia also invested $1 billion in Poolside at a pre-money valuation of $12 billion. The acquisition targets building one of the world's most powerful open-weight models to compete with global players including China's DeepSeek
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12:22

MicroCloud Hologram Acquires $15.76M MicroStrategy Stake for Bitcoin Exposure

MicroCloud Hologram announced that it has acquired 140,268 shares of MicroStrategy, valued at approximately $15.76 million, through the settlement of a structured note. The acquisition provides the holographic display and LiDAR sensor firm with indirect exposure to Bitcoin, leveraging MicroStrategy's substantial Bitcoin treasury holdings. HOLO shares rose 2.8% to $1.82 following the announcement, reflecting investor interest in the company's diversification into emerging technology assets.
BTC1.47%
HOLO-1.47%
12:22

Xpeng CEO He Xiaopeng Assumes Robot Business Leadership, Plans Accelerated Commercialization

According to Securities Times, Xpeng CEO He Xiaopeng recently took on the additional role of chief executive for the company's robotics division. He stated that Xpeng's 12 years of full-stack software and hardware development will enable the company to coordinate group-wide resources, integrating automotive supply chain expertise, vehicle-grade manufacturing capabilities, and self-driving technology—including Turing AI chips and AI infrastructure—to accelerate robot mass production and commercia
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12:22

Zano Hard Fork 6 Activates August 26, Unlocking Bidirectional Cross-Chain Native ZANO Access

According to mpost.io, Zano Hard Fork 6 is scheduled to activate on or around August 26, 2026, at block 3,833,000. The upgrade introduces bidirectional bridging, allowing native ZANO and supported Confidential Assets to move from Zano to transparent networks including Ethereum, TON, and Solana. Assets remain public on external chains and regain privacy only when bridged back to Zano. The upgrade introduces Gateway Addresses, a new account-based address type that enables centralized and decentral
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ETH2.49%
SOL1.26%
12:21

MEXC Launches RealStocks API with Zero Commissions for Quantitative Traders on August 24

On August 24, MEXC announced the launch of the RealStocks API with zero commissions, a new tool designed for quantitative traders to automate trading and build customized strategies on the platform. RealStocks, developed in partnership with regulated broker Atomic Vaults Securities, allows users to purchase real shares of 7,000+ U.S. stocks and ETFs directly using USDT. The product opened more than 120,000 user accounts within its first month. The new API enables automated trading and programmat
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12:20

Strategy Sells $2 Billion in MSTR Shares, Makes No Bitcoin Purchases, Establishes $1.6 Billion USD Cash Pool

According to an SEC 8-K filing on Monday, Strategy sold approximately $2 billion in MSTR shares between August 17 and 23 but made no bitcoin purchases during the period. Of the net proceeds, $136.4 million were used for preferred stock repurchases, $300 million increased the USD reserve to $5.1 billion, and the remaining $1.59 billion established a new 'USD Cash' liquidity pool for future deployment including potential bitcoin acquisitions, dividend payments, and securities repurchases. Strategy
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BTC1.47%
12:17

Whale Deposits 8M USDC to Hyperliquid, Opens 71.8M in BTC and ETH Longs

According to on-chain analyst Yuchen, a whale deposited 8 million USDC to Hyperliquid half an hour ago and subsequently opened long positions worth 71.8 million in Bitcoin and Ethereum. The whale opened 600 Bitcoin at an entry price of 78,032 USD, valued at 46.94 million, and 10,000 ETH at 2,479 USD per token, valued at 24.89 million.
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USDC0.02%
HYPE-0.57%
12:17

Greece Deploys Patriot Air Defense System to Crete on August 23

According to Greek media, Greece deployed a U.S.-made Patriot air defense system to Souda military base on the island of Crete overnight on August 23. The system, previously stationed on Karpathos island, will help protect the base, which regularly hosts U.S. military operations.
12:16

Tesla to Unveil Cybercab Without Steering Wheel on September 3 in Austin

According to Tesla's announcement on X, the company will unveil its Cybercab, a self-driving vehicle designed specifically for its robotaxi service, on September 3 in Austin, Texas. Unlike current robotaxi vehicles based on modified Model Y units, the Cybercab features no steering wheel or brake pedal, having been designed from inception for fully autonomous operation.
12:11

Brent Crude Falls 1.3% to $93.16, WTI Down 1.6% on Aug. 24 Ahead of Iran Sanctions

On Aug. 24, Brent crude futures fell 1.3% to $93.16 a barrel and U.S. West Texas Intermediate crude dropped 1.6% to $85.70, pulling back after both benchmarks gained over 5% last week, as traders took profits ahead of expected new U.S. sanctions on Iran. Fewer than 20 commodity vessels crossed the Strait of Hormuz over the weekend, with AIS-detected traffic remaining about 90% below pre-conflict levels, according to shipping data reported by Reuters, keeping oil supply disruption risks elevated.
12:09

Strive Purchases 1,110 BTC at $73,409 Average, Holdings Exceed 21,000 BTC

According to Strive's 8-K filing with the SEC, the company purchased 1,110 BTC from August 17-21 at an average price of $73,409, marking a significant increase from the prior week's acquisition volume. As of August 21, Strive's cumulative BTC holdings reached 21,356, along with 505,000 shares of Strategy STRC preferred stock valued at approximately $48.57 million and approximately $171.9 million in cash.
BTC1.47%
12:09

ZachXBT Investigation Leads to Freezing of 93,000 USDT Linked to French Robberies

According to ChainCatcher, blockchain detective ZachXBT's investigation identified a French cybercrime suspect using the alias M1llionz (RichMilly666) laundering proceeds from two violent robberies totaling approximately $667,000. The robberies occurred in April 2026, with 7.2 BTC (worth $557,000) stolen on April 17 and approximately $110,000 in crypto assets on April 20. ZachXBT traced part of the funds through Chainflip cross-chain transfers to multiple KuCoin deposit addresses. Following repo
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BTC1.47%
12:07

Standard Chartered Becomes First Bank to Distribute Hong Kong-Regulated HKD Stablecoin on Monday

According to CoinDesk, Standard Chartered Bank, with $850 billion in assets, became the first bank to distribute Hong Kong-regulated stablecoin HKDAP on Monday. The bank will help eligible institutional clients integrate HKDAP, issued by Anchorpoint Financial, which it holds a majority stake in. Anchorpoint launched HKDAP with limited availability on August 12 after obtaining one of Hong Kong's first two stablecoin issuance licenses in April. Standard Chartered plans to introduce multiple commer
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12:05

Strategy Raises $2.007 Billion via ATM, Holds 840K BTC Without New Purchases Last Week

According to Strategy's SEC 8-K filing, the company made no bitcoin purchases during August 17-23, maintaining its holdings at 840,447 BTC with a total cost basis of approximately $63.36 billion and an average price of around $75,385 per bitcoin. During the same period, Strategy sold 18.26 million shares of MSTR common stock through its ATM program, raising net proceeds of approximately $2.007 billion. The company allocated $136.4 million to repurchase Series C preferred stock and $300 million t
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BTC1.47%
12:05

China and Jordan Sign Multiple Cooperation Agreements During State Visit, August 18-24

According to a joint statement released on August 24, Chinese President Xi Jinping and Jordanian King Abdullah II concluded state visit talks from August 18-24, during which the two leaders witnessed the signing of multiple agreements and memoranda of understanding to strengthen bilateral cooperation. Both countries emphasized maintaining the ceasefire between the U.S. and Iran through dialogue and negotiations, and stressed the importance of ensuring normal passage through the Strait of Hormuz
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