Gate Crypto Flash News and Market Updates

According to multiple analysts interviewed by CNBC, OpenAI unveiled its Jalapeño AI chip on Tuesday, marking the first step toward reducing reliance on Nvidia's GPUs. The custom-built chip, designed for inference workloads, delivers industry-leading speed and efficiency comparable to Nvidia's Blackwell-class GPUs. Adrien Sanchez, technology analyst at Yole Group, told CNBC that Jalapeño represents "a threat to Nvidia's inference margins, which is the field growing the most at the moment." The ch

According to Nepal police, the death toll from flash floods in the northern region of the country reached 72 as of the evening of August 26.

According to Coinglass via ChainCatcher, crypto markets recorded $311 million in total liquidations over the past 24 hours, with long positions accounting for $251 million and short positions $59.77 million. Breakdown by asset: Bitcoin long liquidations reached $84.46 million with $14.38 million in shorts, while Ethereum saw $58.26 million in long liquidations and $13.76 million in shorts. The largest single liquidation occurred on Binance BTCUSDT, worth $11.92 million.

The Nasdaq Composite declined 0.17% at today's market open on August 26, 2026.

According to BIT market data, on August 26, the U.S. stock market opened with mixed results: the Dow Jones fell 0.19%, the S&P 500 declined 0.02%, and the Nasdaq dropped 0.22%. Meta Platforms (META) gained approximately 3% after the company reached a settlement over allegations that its platform caused harm to children.

Anthony Pompliano, Chairman and CEO of ProCap Financial, recently commented on Bitcoin's recent rally, attributing it to expansionary monetary policies and currency devaluation by central banks. Pompliano argued that Bitcoin, with its fixed supply of 21 million, stands out as investors seek alternatives amid ongoing global money printing. He noted that institutional capital inflows through spot Bitcoin ETFs have intensified demand pressure on Bitcoin's limited supply. Pompliano stated, "As long

According to its Corporate Plan released on Wednesday, Australia's corporate regulator ASIC aims to complete 80% of routine financial services and credit licence applications within 120 days, down from 150 days, citing productivity improvements. The plan also targets at least 30 new civil proceedings and 25 referrals to federal prosecutors during 2026-27. ASIC will also refer at least 70% of assessed misconduct within 60 days and open formal investigations within 50 days of accepting a referral.

According to Financial News, Samsung Electronics and SK Hynix' average analyst target prices fell by 4.3% and 8.7% respectively within the past month, yet the discrepancy between targets and actual stock prices remains elevated at 91.4% and 97.7% as of August 25. The two chipmakers' shares have slumped 23.1% and 36.7% respectively in the second half of the year. Analysts contend the stocks are oversold relative to fundamentals, noting earnings forecasts have trended upward, with 2026 operating p

Meta agreed to restrict daily screen time to 2 hours for users under 18 in California. The policy limits on-platform usage for minors in the state, representing a significant measure to manage youth engagement.

According to BMO Capital Markets, Broadcom has received an Outperform rating and a $455 price target following the investment bank's initiation of coverage. Separately, Broadcom is in talks to raise over $60 billion in debt financing for AI chip offerings to clients including Anthropic, with potential funding reaching up to $100 billion.

According to an OKX survey conducted in August, 90% of U.S. college students and 87% of parents support higher education institutions offering cryptocurrency and blockchain courses, with 27% of students and 32% of parents believing such courses should be mandatory. A 2025 review of 533 accredited U.S. business schools revealed that approximately 28% of institutions have already introduced blockchain courses.

According to Reuters, on August 19, British High Court Judge Samuel Goozee rejected Saitama founder Manpreet Kohli's extradition appeal, paving the way for his potential transfer to the United States. Kohli, arrested in London in 2024, faces charges of telecommunications fraud and market manipulation. U.S. prosecutors allege he and over a dozen co-conspirators misrepresented their Saitama token holdings and secretly sold tokens for approximately $20 million in profits. The token once reached a m

According to Sui's announcement on X, Sui assets are now live on KuCoin Web3 wallet with settlement times under 1 second.

According to PANews, citing MiniMax's mid-year earnings call on August 26, the company is advancing the adaptation of its M3 and H3 models to domestic chips. A large-scale domestic GPU cluster will be deployed shortly and will gradually assume real production traffic.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has submitted a new rule proposal to the White House Office of Management and Budget (OMB) regarding custody of client digital assets by investment advisers and investment companies. The proposal aims to clarify the framework for advisers and funds to hold customer cryptocurrencies, addressing institutional inquiries on compliant asset custody practices. The SEC plans to remove existing custody requirements deemed obsolete

According to Wall Street Journal reporter Nick Timiraos, the Federal Reserve faces a more challenging inflation comparison for the remainder of 2026. Core personal consumption expenditures posted month-over-month increases of 0.18% to 0.23% from August to November 2025. Since November 2025, only June 2026 saw a monthly increase below 0.23%, suggesting tighter comparisons ahead could complicate the Fed's inflation assessment.

According to Iranian Revolutionary Guard Corps spokesperson on August 26, the Strait of Hormuz belongs to Iran and Oman. The statement comes roughly one month after Iran and Oman concluded negotiations and reached a mutually accepted agreement regarding the strategic waterway.

U.S. President Donald Trump stated yesterday (August 25) that 10 million barrels of oil departed the Strait of Hormuz.

According to Zimperium's zLabs team, 34 mobile malware families contained tools or targeting data to attack 1,243 banking and fintech applications across 90 countries during 2025. Europe, the Middle East and Africa accounted for more than 800 of the identified app targets and 30 of the 34 malware families. The United Kingdom led the regional targets with 72 apps, followed by Spain with 65, Italy with 57, Turkey with 56 and Germany with 55.

Thirty-nine U.S. state bankers associations have formed the BankChain Alliance, a nationwide permissioned blockchain initiative led by the Texas Bankers Association with a planned launch targeted for 2027. Kathy Kraninger, president and CEO of the Florida Bankers Association, is serving as interim chair. The alliance intends to create bank-owned and governed blockchain infrastructure supporting tokenized deposits, smart payment applications, automated settlement and bank-issued stablecoins. Tech