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
17:09

Iran's Foreign Ministry: Strait of Hormuz Will Never Return to Pre-War State

According to Iran's Foreign Ministry spokesperson Baghaei on August 3, the Strait of Hormuz will never return to its pre-war state. Baghaei stated that Iran's ongoing negotiations with Oman regarding the waterway concern bilateral interest protection mechanisms and are unrelated to the strait's opening or closure. He attributed the strait's closure to U.S. sabotage operations and naval blockade of Iran, and emphasized that Iran will not alter its position due to threats or media pressure.
17:02

New York Sues Kalshi for Unlicensed Betting, Seeks $36 Billion in Penalties

According to New York Attorney General Letitia James, the state filed a lawsuit against prediction market platform Kalshi on August 2, seeking to halt its operations and impose financial penalties potentially exceeding $36 billion for allegedly operating unlicensed gambling services. The lawsuit contends that Kalshi's event contracts violate state gambling laws by allowing participants to risk money on uncertain outcomes. New York also alleges the platform permits users as young as 18 to partici
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17:00

COLDCARD Mk4 2023 Weak Seed Warning Video Resurfaces After RNG Vulnerability Discovery

According to Bitcoin News, a 2023 video warning from hardware wallet educator @YTCryptoGuide has gained renewed attention following the discovery of a COLDCARD RNG vulnerability. The video cautioned that COLDCARD Mk4 allows users to generate wallet seeds using only a single dice roll, which can result in weak seed generation. @YTCryptoGuide also warned that the interface may mislead users into believing their dice results are mixed with the device's hardware RNG, though this does not occur in ce
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16:52

Evernorth COO Says Japan's XRP Adoption Hindered by Chicken-and-Egg Dilemma at WebX Asia 2026

According to Evernorth Chief Operating Officer Meg Nakamura at WebX Asia 2026 in Tokyo, Japan's XRP adoption remains constrained by a classic chicken-and-egg dilemma. Financial institutions recognize blockchain's value but hesitate to commit capital without evidence of broader peer participation, creating a self-reinforcing cycle of caution. Nakamura noted that tokenization—enabling real-world assets like bonds, equities, and real estate to exist on blockchain networks—is poised to become the in
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XRP1.85%
16:41

Iran and Oman Near Finalization of Negotiations, Says Foreign Minister

According to Iran's Foreign Minister Abbas Araghchi, Iran and Oman are approaching finalization of negotiations today (August 2). Araghchi briefed Iran's cabinet on the latest progress during this morning's meeting, noting that talks have achieved tangible results and are entering their final phase, with an agreement expected to be reached soon.
16:13

Ukrainian Forces Strike Rosneft's Saratov Refinery Overnight, Causing Fire

According to a statement from the Ukrainian Armed Forces General Staff on Telegram, Ukrainian forces struck Rosneft's oil refinery in Saratov overnight on August 1, igniting a fire at the facility. The statement also confirmed that Ukrainian military carried out simultaneous attacks on Engel's airbase in the Saratov region, located approximately 730 kilometers (450 miles) southeast of Moscow.
16:12

Ripple Launches Ripple Mint Platform, Expands RLUSD to Multiple Exchanges in Major July

According to Ripple SVP Jack McDonald, the company's RLUSD stablecoin saw significant momentum in July with the launch of Ripple Mint, a unified platform enabling institutions to mint, redeem, and manage RLUSD through a single dashboard or API. The platform targets banks, payment providers, fintechs, and corporate treasury teams to streamline stablecoin issuance and liquidity management. Ripple also expanded RLUSD's global reach through new exchange listings on Mobee, Korbit, Upbit Global, and B
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XRP1.85%
16:07

U.S. and Japan Intervene in Currency Markets, Yen Strengthens to 157 Per Dollar; South Korea Follows Suit

According to Reuters and Japanese media reports, the U.S. and Japanese governments jointly intervened in foreign exchange markets from July 30 to August 1, purchasing yen and selling dollars to combat yen depreciation. The yen strengthened from 163 per dollar to 157 per dollar within 50 minutes on July 30. Japan's estimated intervention scale reached 6 to 7 trillion yen (approximately 55-64 trillion Korean won). South Korea also reinforced its foreign exchange market monitoring and intervention
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16:01

Crypto Markets See $273M in Liquidations in 24 Hours, Long Positions Hit Hardest

According to CoinGlass, crypto markets experienced $273 million in liquidations over the past 24 hours (August 1–2), with long positions accounting for $186 million and short positions for $86.4 million. A total of 70,865 traders were liquidated. Bitcoin liquidations reached $59 million, while Ethereum liquidations stood at $95.1 million during the same period.
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15:49

Hong Kong Receives 25 Romance Fraud Cases in Week, Woman Loses HK$26M in Cryptocurrency Scam

According to Hong Kong police statistics released August 2, authorities received 25 investment fraud cases involving online romance between July 24-30, with total losses approaching HK$70 million. In one major case, a 50-year-old insurance employee was deceived by someone posing as a car dealer into investing in virtual currency, resulting in losses exceeding HK$26 million. Police warned investors to be cautious of investment recommendations made through social platforms, particularly offers inv
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VIRTUAL2.20%