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
01:07

U.S. Intelligence: Russia May Launch Limited Attacks on NATO Allies, U.S. Faces Ammunition Shortages on August 7

According to the Wall Street Journal, on August 7, U.S. intelligence officials reported that Russia may launch limited attacks on NATO allies to test NATO's resolve over the coming years. The attacks could range from cyber operations to small-scale ground incursions, the report stated. U.S. officials warned that critical ammunition reserves have been severely depleted due to weapons transfers to Ukraine and ongoing tensions with Iran, including shortages of long-range precision strike missiles,
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01:06

Jinjing New Energy Allocates 1.2884 Billion Yuan for High-Performance Server Procurement to Expand Cloud Computing Operations

According to Hong Kong stock exchange filings, Jinjing New Energy allocated 1.2884 billion yuan for procurement of high-performance servers to strengthen its presence in cloud computing and artificial intelligence infrastructure segments. In a separate development, Nobi Kan signed a software sales agreement with a domestic AI chip manufacturer, according to corporate announcements.
01:05

AMD CEO: AI Costs Rising Rapidly, Must Manage Like Labor Expenses

According to CNBC interview on August 5, AMD CEO Su Jing Zhaofeng stated that AI is not merely a technology showcase but a tool to improve enterprise efficiency. As AI costs rise rapidly, companies must manage these expenses similarly to how they manage labor costs, she said. Su added that the future will not be dominated by a single AI model. Instead, large language models, open-source models, and smaller models will coexist, with enterprises selecting appropriate tools based on different scena
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01:02

Fed Chair Warsh Signals Potential September Rate Hike if Inflation Remains Hot

According to Financial Times, Federal Reserve Chair Kevin Warsh signaled today he would be prepared to raise interest rates at the September meeting if inflation readings released in coming weeks come in hot. The report, citing people familiar with his thinking, comes as markets increasingly price in rate hike expectations for September. Meanwhile, uncertainty surrounding the Strait of Hormuz is pushing oil prices higher, weighing on bond markets. The U.S. employment report, scheduled for releas
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01:02

South Korea's Industry Ministry Signs Used Battery Policy Agreement on August 7, Aims to Strengthen Strategic Resource Security

According to Yonhapinfomax, South Korea's Ministry of Industry, Trade and Resources and the Ministry of Climate, Energy and Environment signed a business cooperation agreement on August 7 to strengthen policy coordination in the used battery sector. Used batteries contain critical minerals including lithium, nickel, and cobalt, which are classified as strategic resources. The two ministries plan to establish an integrated 'battery transaction and history management platform' to stabilize supply
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01:01

Japan Likely Exhausts 2026 Annual Forex Intervention Quota Following August Yen Support

According to the Guru Club, Japan's Ministry of Finance data for April through June showed forex interventions on three trading days; combined with last week's intervention activity, Japan appears to have used its annual intervention quota under IMF rules for 2026. Following joint yen-buying action with the U.S. Treasury, the intervention timer has been reset for the next six months, effectively preventing further intervention through early 2027.
01:01

Pump Transfers 84,768 SOL to Kraken, Worth $6.25M in Seven Hours

According to on-chain analyst Yan Jin, Pump transferred 84,768 SOL to Kraken 7 hours ago, valued at approximately $6.25 million. The transfer represents roughly 50% of the platform's accumulated fee revenue over the past 19 days, indicating an average daily fee income of $600,000 to $700,000.
PUMP-0.34%
SOL-1.90%
01:00

Uniswap Founder: Some Launchpads Thin Liquidity for Artificial Price Gains; FRONG Shows $6.7M Cap vs $1.2M Liquidity

According to Uniswap founder Hayden Adams on X, some Launchpad projects manipulate liquidity depth in low-price ranges to create artificial price increases. Hayden Adams cited FRONG token as an example, noting a market cap of $6.7 million but only $1.2 million in liquidity. While this approach boosts short-term price movement, it increases the risk of sharp price declines due to reduced liquidity depth. Uniswap prioritizes building deeper, longer-term liquidity instead of short-term manipulation
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UNI-0.56%
01:00

U.S. Retail Investors Sell ~$7 Billion in Tech Stocks Last Week, Longest Streak in 2026

According to crypto KOL Phyrex on X, U.S. retail investors witnessed a significant shift in trading direction last week. Retail traders posted net outflows of approximately $7 billion in technology stocks over four consecutive trading days—the longest selling streak in 2026—with semiconductor and memory chip stocks bearing the brunt of the selling pressure. Tech-focused leveraged ETF assets declined by roughly $50 billion from June highs, while Korean and Taiwanese leveraged ETF assets fell over
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00:59

ether.fi Removes All weETH Restaking Exposure, Plans Full EigenLayer Exit by Q4

According to ChainCatcher, ether.fi has removed all reStaking exposure from weETH, converting it to a pure liquid staking token (LST). The restaking functionality has been transferred to weETHs, a separate token based on Symbiotic. The protocol now holds less than 1% of assets on EigenLayer, with plans to clear remaining positions by Q3 2026 and fully remove EigenPod withdrawal credentials in Q4.
ETHFI-3.25%
EIGEN-2.16%
00:59

Wells Fargo to Launch 24/7 Tokenized Deposits for Corporate Clients This Fall

According to The Defiant, Wells Fargo will launch a tokenized deposit service for corporate clients this fall, initially supporting the USD-GBP corridor with 24/7 settlement and programmable payments that automatically release funds when conditions are met. The service is built on Cosmos blockchain technology, with plans to expand scope in 2027.
ATOM-0.14%
00:58

Korea's Top Lenders Launch Roadshows for €1B+ Covered Bond Offerings in Late August

According to investment banking sources, on August 7, Korean Housing Finance Corporation, Shinhan Bank, and KB Kookmin Bank announced preparations to launch euro-denominated covered bond roadshows beginning late August. The three issuers plan consecutive offerings of AAA-rated covered bonds to tap the European market. Earlier in 2026, Korean Housing Finance Corporation completed an €800 million green covered bond issuance in February, followed by Hana Bank's €600 million offering. All Korean cov
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00:58

Ned Davis Research Warns U.S. Stocks Show Signs of Long-Term Bear Market, Emerging Markets Outpace S&P 500

According to Ned Davis Research (NDR), chief global strategist Tim Hayes warned on August 6 that U.S. stocks display warning signals similar to those preceding past long-term bear markets. NDR identified five indicators suggesting a potential prolonged downturn ahead, including relative underperformance versus emerging markets—iShares MSCI Emerging Markets ETF gained 16% year-to-date, outpacing the S&P 500's 12% gain. Additional concerns include sector rotation patterns, with technology stocks d
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