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
01:13

Wintermute Holds $146.19M in Short Positions on Hyperliquid, Down $3.66M

According to Onchain Lens, Wintermute holds $146.19M in short positions on Hyperliquid as of August 23, with only $13.85M in long positions. The combined position totals $160.03M in open interest and is currently showing unrealized losses of $3.66M, though the trader has earned $2.14M in funding fees.
HYPE5.96%
01:12

BitMart Weighs Phased Restart and Creditor Payouts Less Than Four Weeks After Announcing Shutdown

According to CoinDesk, BitMart is considering a restructuring combining creditor distributions with a phased restart of operations, less than four weeks after announcing its closure. The exchange has appointed White & Case as restructuring counsel and expects to share a roadmap by September 9. This marks a shift from BitMart's July 26 closure notice, which set August 26 as the trading end date and January 31, 2027, for full platform operations shutdown.
01:07

Coinone Launches Bitcoin Rewards Booth at Waterbomb 2026, New User Signups Up 50% Via Referrals

According to Dailian, on August 22, Coinone launched a two-tier branded experience booth as a major sponsor of Waterbomb 2026 music festival in Sokcho, South Korea. The activation featured interactive games, including a water gun shooting game and coin gacha machine offering Bitcoin vouchers worth up to 1 million won. Ahead of the event, Coinone's July new user registrations surged 30% month-over-month, while referral-based new signups jumped approximately 50%.
BTC-0.82%
01:04

Chile to Close Embassy in Iran on August 31, Maintain Diplomatic Relations

According to Chile's Foreign Ministry, the country will close its embassy in Iran on August 31. The ministry clarified that this decision does not mean severing diplomatic relations between the two countries, noting the measure is precautionary amid security concerns in the Middle East region.
01:03

Seven Wallets Face $12.93M FARTCOIN Liquidations in Five Minutes

Gate News message, seven wallets experienced large-scale FARTCOIN liquidations within a five-minute window. A total of 65.05 million FARTCOIN tokens valued at $12.93 million were liquidated. The affected wallets include addresses 0xc4dc85e76f2b12e106315d18300e0c98b43bdd55, 0x686706694213cc9c6fae44565d9dbefc6a39f0a9, and 0x7971e1fe68e4f6761a64dfaead619715bb5f7d31.
FARTCOIN-9.82%
01:00

Nvidia AI Server Prices to Rise Over 15% Starting Early 2027, Affecting Vera Rubin and Grace Blackwell

According to Bloomberg, server manufacturers supplying major data center operators including Microsoft, Google, and Oracle have notified customers of price increases of over 15% for systems equipped with Nvidia AI chips starting in early 2027. The hikes are driven by rising memory chip costs, with exact increases varying by chip generation and memory configuration. The products affected include Vera Rubin and Grace Blackwell.
01:00

Peter Thiel's Thiel Macro LLC Discloses $418.7M Portfolio With 8 Stocks, Amazon at 28.2% Stake

According to a U.S. SEC filing, Peter Thiel's Thiel Macro LLC held 8 stocks worth approximately $418.7 million as of June 30. Amazon was the largest position at $118 million, representing 28.2% of the portfolio. Other holdings included Vista Energy ($75.9 million) and Vistra ($59.1 million), alongside positions in American Electric Power, DTE Energy, FirstEnergy, CMS Energy, and X-Energy. Energy, power, and nuclear-related holdings outside Amazon accounted for $301 million, or 71.8% of the portf
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00:49

South Korea's KOSPI Stock Turnover Rate Falls to 0.56% in August, Lowest Since March

According to ET Daily and South Korea's stock exchange, the KOSPI's average daily stock turnover rate dropped to 0.56% as of August 21, marking the lowest level this year. The metric indicates only about 5.6 shares out of every 1,000 listed shares were traded daily, down significantly from 1.74% in March. Despite gains from semiconductor leaders Samsung Electronics and SK Hynix, trading volumes declined 20-30% compared to the previous month. Analysts attribute the sluggish activity to accumulate
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00:43

OpenAI Co-founder Brockman Discloses $30 Billion Stake While Defending Nonprofit-to-Profit Shift in May 2026 Testimony

According to testimony during a May 2026 lawsuit filed by Elon Musk against Sam Altman and OpenAI, co-founder Greg Brockman disclosed that his personal stake in the restructured OpenAI was valued at approximately $30 billion. Brockman defended the company's transition from its original 2015 nonprofit model to a capped-profit structure in 2019, and subsequently to a Delaware Public Benefit Corporation in December 2024, arguing the restructuring was essential for developing artificial general inte
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00:42

Iran Announces Plan to Target Assets of Nations Supporting U.S. Sanctions

According to Iran's state television, security official Mohsen Rezaei announced that the Islamic Republic plans to target the assets of nations supporting U.S. economic sanctions. The declaration, made on state TV, represents a potential escalation in Iran's response to international participation in U.S. sanctions enforcement, extending retaliatory measures beyond direct U.S.-Iran dynamics to involve third-party nations perceived as aiding Washington's efforts.