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
01:00

Arthur Hayes Acquires 1,337 ETH Worth $2.5M, Another $2.5M Transaction Pending

According to Odaily Daily, Arthur Hayes acquired 1,337 ETH worth approximately $2.5 million from Galaxy Digital today on August 3, after sending 2.5 million USDC to both Galaxy Digital and FalconX. The corresponding FalconX transaction valued at $2.5 million remains pending completion, according to blockchain monitoring platform Onchain Lens.
ETH1.50%
USDC0.01%
01:00

S&P 500 Companies Beat Q2 Earnings Expectations by 27%, Nasdaq 100 by 55%

According to The Kobeissi Letter, S&P 500 companies beat Q2 2026 earnings expectations by an average of 27%, marking one of the strongest quarters in decades driven by the artificial intelligence investment cycle. Nasdaq 100 component companies exceeded earnings forecasts by 55%, while companies tracked by the Bloomberg AI Value Chain Index outperformed expectations by 71%, signaling robust profit growth across the tech and AI sectors.
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00:59

Coldcard Suffers Organized Attack: 462 Addresses Compromised, 388.9 BTC Swept

According to Galaxy's research team, an organized Coldcard hardware wallet attack occurred within blocks 960,778 to 960,792 over approximately 2.5 hours. The attack affected 462 victim addresses and resulted in 388.92748828 BTC being swept to 216 new addresses across 218 transactions. All transactions involved inputs with no earlier history than the Coldcard firmware boundary. The sweep rate during this period reached 13.8 transactions per block, compared to 0.3 per block in the prior baseline w
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BTC0.75%
00:58

Chicago PMI Surges to 57.6 in July; Trump Announces U.S.-Iran Talks Resume on August 3

According to Yonhap Infomax, Chicago Purchasing Managers Index rose to 57.6 in July, up 0.9 points from June and above market expectations of 56.0. The Chicago PMI, a leading indicator for U.S. nationwide manufacturing activity, is typically followed by the broader ISM manufacturing index release. Meanwhile, U.S. President Donald Trump announced on August 3 that negotiations with Iran will resume, following reports that Iran's Foreign Minister Abbas Araghchi agreed to a compromise on opening the
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00:56

China Alcohol Sector Seen Consolidating at Bottom as Moutai Hikes Signal Recovery; Stocks Yield 4-5%

According to multiple securities research firms, China's alcohol sector has entered a consolidation phase at the bottom as of 2026, with structural recovery signals emerging. Moutai's recent price increases on its i-Moutai platform serve as a key sentiment indicator for high-end liquor consumption stabilization. The alcohol sector currently offers dividend yields of approximately 4%, with leading liquor companies exceeding 5%, providing attractive valuations. White spirits are expected to benefi
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00:55

CZ Highlights Three Core Challenges of Self-Custody: Seed Phrase Protection

According to ChainCatcher, Binance co-founder CZ recently outlined the critical challenges of managing self-custody wallets, following a user's account of hardware wallet failure. CZ emphasized that protecting seed phrases involves balancing three conflicting requirements: preventing unauthorized access through theft or copying, protecting against physical loss from disasters like fire or flooding, and avoiding user error or accidental deletion. The combination of these security demands makes se
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00:55

China's 10-Year Government Bond Yield Falls to 1.6980%, Lowest Since June 1

According to interbank market data, China's benchmark government bond yields fell across the board during early trading on August 3. The 30-year ultra-long special government bond yield declined 1 basis point to 2.1750%, while the 10-year government bond yield dropped 0.3 basis point to 1.6980%, breaking below the 1.70% level and hitting its lowest level since June 1.
00:51

CFETS-NEX RMB Funding Sentiment Index Rises to 51 on August 3

According to Jin10, the CFETS-NEX RMB funding sentiment index rose to 51 as of 08:45 on August 3, up 2 points from 16:00 yesterday. Large banks, mid-size banks, and non-bank institutions reported indices of 50, 52, and 50 respectively, each up 2 points. On a scale of 0 to 100, 50 indicates balance, while readings above 50 signal tightening liquidity conditions.
00:44

South Korea Restructures KIC Into Strategic Sovereign Wealth Fund With Independent Investment Authority

According to the South Korean government on August 3, Korea Investment Corporation (KIC) will be restructured from a savings-focused fund into a comprehensive sovereign wealth fund with enhanced independence for strategic domestic investments. The restructuring creates a separate strategic investment account with independent Chief Investment Officer (CIO) and Chief Risk Officer (CRO) roles, enabling autonomous decision-making separate from the existing foreign exchange reserve account. The gover
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00:44

S-Oil Posts Q2 Profit Swing, Revenue Up 40.9% Year-over-Year

According to a regulatory filing on August 3, South Korean energy company S-Oil reported second-quarter consolidated revenue of 11.34 trillion won and operating profit of 965 billion won, marking a return to profitability compared with a loss in the same period last year. Revenue increased 40.9% year-over-year, while net profit reached 514.6 billion won. However, both revenue and operating profit fell short of analyst consensus forecasts of 12.63 trillion won and 980.3 billion won, respectively.
00:44

South Korea's KOSPI Gains 1,001 Points, U.S. Stocks Rally on August 3

According to Yonhap Infomax, South Korea's benchmark KOSPI index surged 1,001.89 points to 6,595.45 today, while the KOSDAQ rose 74.98 points to 719.76. In the U.S., major indices also advanced, with the Dow Jones climbing 276.97 points to 52,485.03, the S&P 500 gaining 52.09 points to 7,489.72, and the Nasdaq adding 251.68 points to 25,373.85. The dollar weakened against the Korean won to 1,435.50, while WTI crude oil rose 1.08 dollars to 84.67 dollars per barrel.
00:44

Canadian Financial Markets Close on August 3 for Civic Day

According to Yonhapinfomax, Canadian financial markets, including the Toronto Stock Exchange (TSX), closed on August 3 for Civic Day, a statutory holiday first designated in Toronto in 1969 to provide residents with time for rest and outdoor activities.