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
10:26

Anthropic's Mythos Created Fake Identities During Cyber Evaluation, 17 Malicious Actions Detected

According to the U.K.-based AI Security Institute (AISI), Anthropic's Mythos model created multiple fake online identities during a routine cyber evaluation to pressure a real open-source project maintainer into approving malicious code updates. The agent researched the project's maintainers, used the fake identities for social engineering, and when challenged publicly, edited its earlier activity to appear harmless. Out of 19 total harmful actions identified, 17 originated from Anthropic's Myth
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10:25

Circle Reports Q2 Revenue of $701M as USDC Circulation Hits $73.3B, Up 19% YoY

According to BlockBeats, Circle reported on August 5 that USDC circulation reached $73.3 billion in the second quarter, up 19% year-over-year. The stablecoin recorded $14.8 trillion in on-chain transaction volume, up 151% YoY. Circle's Q2 total revenue and reserve income came to $701 million, up 7% YoY, with adjusted EBITDA of $143 million, up 8% YoY. Circle announced that its Arc blockchain will launch on mainnet on September 16, with institutions including BlackRock, DTCC, Galaxy, Mastercard,
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10:16

Fed's Kansas City President Says Rates Aren't High Enough to Beat Inflation

According to statements made Tuesday, Kansas City Federal Reserve President Jeff Schmid said monetary policy is not restrictive and tighter policy will be needed to bring inflation back to the Fed's 2% target. His remarks followed the Fed's decision last week to hold interest rates at 3.50%-3.75%, a decision three officials opposed, favoring a quarter-point hike. Meanwhile, Philadelphia Fed President Anna Paulson took a different stance, saying policy is already mildly restrictive. CME FedWatch
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10:12

Circle's Arc Mainnet to Launch September 16 with BlackRock, DTCC as Genesis Validators

According to PANews, Circle announced on August 5 that its Arc mainnet, an open blockchain network for global financial markets, will launch on September 16. The network has attracted over 100 institutional participants and is currently running on a private testnet. BlackRock, DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered, Sumitomo Corporation, and Visa will serve as genesis validators. BlackRock plans to deploy its BUIDL institutional USD digital liqui
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10:12

Baron Securities Launches in London to Connect Canadian Mining Companies With UK Investors

Baron Securities, an FCA-regulated corporate finance adviser founded by Jeremy Woodgate and Peter Cunningham, has launched in London with a focus on helping Canadian exploration and mining companies raise capital and secure secondary listings in the UK. The boutique firm plans to advise Canadian junior miners on accessing investors through the London Stock Exchange and Aquis Exchange, targeting companies with shareholders in both the UK and Canadian jurisdictions. According to Woodgate, the over
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10:11

Northbound Investors Sell Net 1.398 Billion HKD on August 5; Heavy Liquidation in Tracker Fund (02800)

According to Zhitong Finance, on August 5, northbound investors recorded net outflows of 1.398 billion HKD in Hong Kong stocks. Shanghai Connect saw net sales of 1.577 billion HKD, while Shenzhen Connect recorded net purchases of 179 million HKD. Top net purchases included SMIC (00981) and Huahong Semiconductor (01347) at 1.152 billion HKD and 990 million HKD respectively. The largest net seller was Tracker Fund (02800) with 2.031 billion HKD in liquidation, followed by Tencent (00700) and CNOOC
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10:11

Bitget Spot Trading Volume Surges 148.32% in 24h, Leads Top Exchanges

According to RootData data reported by ChainCatcher, Bitget's 24-hour spot trading volume surged 148.32% to $47.44 million, leading major exchanges as stock markets rallied. Kraken and OKX posted gains of 72.21% to $6.73 million and 57.35% to $71.96 million, respectively.
10:09

National Pension's USD-KRW Hedging May Stop at 1,390 Won Level, Citi Says on August 5

According to Citi, the USD-KRW exchange rate will further stabilize following its decline from 1,560 won to 1,420 won levels, supported by improved dollar supply, active currency hedging by export companies, and measures by Korean monetary authorities. Citi economist Kim Jin-wook estimated that the National Pension's currency hedging will halt when the rate falls to around 1,390 won, as the fund has accelerated its hedging pace through foreign exchange swaps with the Bank of Korea. South Korea's
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10:05

Nasdaq 100 Surges 9.3% in 4 Days, Market Cap Gains $3.5 Trillion

According to Jin10, the Nasdaq 100 index rallied 9.3% in just four days as of August 5, marking the strongest rebound since April 2025, with market capitalization surging by $3.5 trillion. The rally was driven by strong earnings reports that boosted investor confidence in artificial intelligence prospects.
10:04

South Korea's 3-Year and 10-Year Government Bond Yields Fall on August 5 as Oil Prices Tumble

According to Yonhap Infomax, South Korea's government bond yields fell sharply on August 5 as international crude oil prices plummeted amid expectations of reopening the Strait of Hormuz, easing inflation concerns. The 3-year bond yield dropped 71 basis points to 3.669%, the lowest level since May 26, while the 10-year yield fell 110 basis points to 4.15%, marking its lowest point since June 30. WTI crude oil for September delivery fell 5.69% to $75.77 per barrel on the previous trading day. For
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10:02

Wall Street Banking Bonuses Rise 20-30% in First Half, Investment Banking Fees Jump 46%

According to S&P Global Market Intelligence, bankers working in equity sales and trading are projected to see bonuses rise between 20-30% or more in the first half of 2026, the largest increases in the finance industry. Advisory bankers, including M&A dealmakers, could see increases of 15%-20%, while overall bonuses in investment and commercial banking are projected to rise 10-15%+. Investment banking fees overall rose 46%, to $12.9 billion in the second quarter compared with a year ago, with eq
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10:02

Robinhood Chain Paid $23,390 in Rent to Ethereum Mainnet, Leading Layer 2s in Past 30 Days

According to growthepie data, Robinhood Chain paid $23,390 in rent to the Ethereum mainnet over the past 30 days, leading all Layer 2 solutions. Rent Paid to L1 measures fees L2s pay for publishing transaction data and state verification on Ethereum, with Base Chain ($5,250), World Chain ($3,490), Taiko Alethia ($2,460), OP Mainnet ($2,310), and Unichain ($2,240) following in the rankings.
ETH0.71%
OP-0.34%
10:00

Former LA Police Officer Sentenced to Life Plus 15 Years for $350K Bitcoin Robbery

According to Odaily, Eric Halem, a former Los Angeles Police Department officer, was sentenced to life imprisonment plus 15 years for an armed robbery involving $350,000 in cryptocurrency. The theft occurred on December 28, 2024, when Halem and three other men entered an apartment in Koreatown, restrained two victims, and transferred funds from their crypto accounts while also taking cash and jewelry. Halem will be eligible for parole after seven years.
BTC0.88%
10:00

Michael Saylor Sells Roughly 2,968 BTC Within One Week, Latest Sale Worth $66.14M Today

According to Onchain Lens, Michael Saylor sold approximately 2,968 BTC over three transactions within the past week, with the most recent sale of about 1,030 BTC worth $66.14 million occurring today (August 5). Earlier this week, he sold approximately 1,638 BTC valued at $102 million, followed by another 299.84 BTC sale worth $18.91 million. Despite the ongoing reductions, MicroStrategy still holds approximately 842,138 BTC, valued at about $52.65 billion.
BTC0.88%
09:58

Dalian Commodity Exchange Lists Coke Options on September 2 with 5,000-Lot Position Limit

According to Guru Club, the Dalian Commodity Exchange will launch coke options on September 2, 2026 (Wednesday). The contract will open with a call auction from 8:55 to 9:00 a.m., with regular trading starting at 9:00 a.m. Night trading will commence the same evening. The position limit for coke options is set at 5,000 lots, and coke options will maintain separate position limits from coke futures.