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
20:04

LINK Surges 13%, WLFI Climbs 15% as Bitcoin Falls Below $63,200

During the week ended August 16, Chainlink (LINK) rallied 13% and World Liberty Financial (WLFI) jumped 15%, bucking broader market losses as bitcoin slid below $63,200 after Strategy offloaded 1,690 bitcoins early in the period. The LINK surge was fueled by a Standard Chartered forecast projecting the token to reach $200 by late 2030. Meanwhile, Worldcoin (WLD) and OKB posted gains of 11.4% and 10.9%, respectively. The crypto market's aggregate capitalization fell to $2.22 trillion on August 16
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LINK-1.26%
WLFI5.53%
BTC-0.02%
WLD3.12%
ADA0.13%
20:01

Trader Turns $120 Into $205.8K With Niu Lai Meme Coin, 822x Return on BNB Chain

According to on-chain data tracked by Lookonchain today, a trader identified as @saracryptoeth turned $120 into $205,800 by investing in Niu Lai, a meme coin on BNB Chain inspired by a viral Chinese animated film. She purchased 19.1 million tokens for $120, later sold 9.1 million for $25,900, and currently holds 10 million tokens valued at $180,200, for a combined 822x return.
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MEME-2.78%
19:36

Garrett Jin Deposits 17M WLFI to Binance, Holdings Down $13M in 5 Months

According to Onchain Lens, Garrett Jin deposited 17 million WLFI tokens (worth approximately $1.01 million) to Binance 41 minutes ago, suggesting a potential sell-off. The tokens were acquired five months earlier for roughly $31.66 million. At current prices, his WLFI holdings have declined approximately $13 million, representing a 41% loss.
WLFI5.53%
19:32

Hamas Political Bureau Chief Meets Egypt Intelligence Chief in Cairo on August 16

According to Hamas, Political Bureau Chief Khalil al-Haya held talks with Egyptian General Intelligence Chief Hassan Rashad in Cairo on August 16, discussing latest developments in the West Bank and Gaza. Hamas stated it briefed Egypt on recent Israeli violations and demanded action to halt Israeli escalation. The group reiterated calls for immediate international intervention.
19:30

Global 10-Year Real Yields Hit 2.41% on August 14, Highest Since Bitcoin's Inception; BTC Down 46% Year-to-Date

According to BeInCrypto, on August 14, the U.S. 10-year Treasury real yield reached 2.41%, its highest level since Bitcoin's creation in 2009. This marks a significant shift from two years prior, when the same metric stood at 1.77%. Global bond yields have surged across major economies: the U.S. 10-year pays 4.69%, the U.K. 5.05%, and the 30-year Treasury sold on August 13 at 5.216%, the highest since 2001. According to Barclays strategist Patrick Coffey, the rally reflects "a broader repricing
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BTC-0.02%
19:28

3.6 Magnitude Earthquake Hits Neijiang, Sichuan on August 17

According to China Earthquake Networks Center, a 3.6 magnitude earthquake occurred in Longchang District, Neijiang City, Sichuan Province on August 17 at 03:23 UTC. The epicenter was located at 29.22°N, 105.21°E with a focal depth of 8 kilometers.
19:24

Sisi Meets Trump's Son-in-Law Kushner, Urges Gaza Ceasefire Implementation on Aug. 16

According to Egyptian President's office, on Aug. 16, Egypt's President Sisi met with Jared Kushner, U.S. President Trump's son-in-law, and urged implementation of the Gaza ceasefire agreement. During the meeting in Alamein, both sides exchanged views on Middle East developments including the Palestinian issue and emphasized that relevant parties should fulfill outcomes from the Sharm El-Sheikh summit held in Egypt last October. Sisi stressed that Egypt and the U.S. should cooperate to resolve r
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19:12

Ethereum Whale Moves 2,680 ETH After 11 Years; Tether Gets Clean KPMG Audit

According to onchain trackers, an Ethereum whale moved 2,680 ETH worth $5.03 million on Tuesday, Aug. 11, after remaining dormant for 11 years. The Genesis wallet, which had accumulated returns of 605,924% on its original pre-mine investment, sparked speculation about potential selling pressure in the market. Tether disclosed that KPMG U.S. completed a full audit of its 2025 financial statements, issuing an unqualified opinion—the most favorable conclusion an independent auditor can provide. The
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ETH0.06%
18:37

SEC Cancels Crypto Regulation Meeting, Delays Innovation Exemptions Again

According to ChainCatcher, the U.S. Securities and Exchange Commission canceled a scheduled meeting on Friday that was intended to advance crypto regulations and disclose delayed innovation exemptions. The meeting was set to discuss the Reg Crypto proposal, which covers how companies can conduct token offerings and eventually exit SEC oversight after issuing digital assets. The SEC had also planned to disclose at least part of its innovation exemption framework for security token issuers. Both i
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17:32

SafePal and Trezor Expose 53,487 Customer Records Including Home Addresses This Week

According to disclosures Sunday, SafePal and Trezor exposed 53,487 customer records containing names, emails, phone numbers, and home addresses. SafePal said a flaw in its order-tracking plugin allowed unauthorized access to 39,798 customer records from March 2, 2025 to April 11, 2026. Trezor's 13,689 records leaked through its shipping partner ShipMonk on August 10. Neither company lost cryptocurrency or private keys. The exposed addresses pose a physical security risk. In May 2026, the FBI pro
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17:04

World Gold Council CEO Predicts Bitcoin Could Go to Zero, Citing Risk-Asset Behavior

According to Bitcoin.com News, World Gold Council CEO David Tait said on August 16 that bitcoin could eventually go to zero. Speaking at Consensus Miami, Tait stated this was his personal opinion based on how bitcoin trades with risk assets during market stress rather than acting as insurance. He noted that when liquidity dries up and investors are forced to sell, bitcoin has repeatedly fallen alongside equities instead of holding its value like gold, which has benefited from central-bank buying
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BTC-0.02%
17:01

South Korea's VKOSPI Volatility Index Falls 35.8% Following Leverage Regulation

According to the Korea Exchange, South Korea's VKOSPI 200 volatility index closed at 55.31 on August 14, marking a 35.8% decline from July 30 when regulators raised minimum deposit requirements for single-stock leverage products from 10 million won to 30 million won. Forced liquidations in the domestic stock market also dropped sharply to 50 million won daily on August 13, down from peaks exceeding 1 billion won in late July, according to the Financial Investment Association.