Gate Crypto Flash News and Market Updates

According to Iran's Tasnim news agency, Iranian parliament speaker Ghalibaf stated on August 21 that Iran must develop a plan to counter U.S. economic and trade sanctions. Speaking in Baghdad during talks with Iranian and Iraqi economic officials, Ghalibaf said the U.S. and Israel have shifted from military confrontation to cognitive and economic warfare. "The enemy comes to plunder resources," he stated, adding that Iran must devise measures to weather the sanctions.

According to Reuters, Tether halted its bitcoin mining operations in Uruguay in 2025 following a dispute with the country's state-owned power company UTE over electricity supply terms. Tether interpreted the contract as allowing adjustable minimum power levels, while UTE viewed it as a fixed maximum quota. The disagreement was further exacerbated by Uruguay's government transition in 2025. The project incurred approximately $120 million in losses, significantly lower than the initial planned inv

According to NVIDIA's 8-K filing, the company's Q1 FY2027 net income reached $58.3 billion, exceeding its operating income of $53.5 billion—a historic reversal. The gap, stemming primarily from mark-to-market gains on Nvidia's AI company investment portfolio, resulted in GAAP earnings of $2.39 per share, 28% above the non-GAAP figure of $1.87. On August 17, Nvidia disclosed residual value guaranties capped at $105 billion covering approximately 4.25 gigawatts of data center capacity at the Ports

According to BlockBeats, on August 21, AI infrastructure financing is competing with U.S. Treasury bonds for long-term capital from institutional investors, pushing borrowing costs higher across debt markets. The 30-year Treasury yield rose to 5.34%, the highest level since 2007, while the 10-year yield climbed to 4.7%. U.S. investment-grade corporate debt issuance reached approximately $1.7 trillion through August, a record high for the period. Major tech companies have issued $170 billion in b

Coinkite announced firmware 5.6.1 for Coldcard Mk4 and Mk5 devices and 1.5.1Q for Coldcard Q on Thursday, requiring newly generated seeds to include user-supplied entropy mixed with improved device randomness. Users must provide entropy through at least 65 keypresses with unpredictable timing, 50 die rolls, or 128 coin flips, combined with randomness from the device's secure elements and hardware RNG. Coinkite emphasized immediate upgrade is required; existing seed phrases remain vulnerable and

The Shanghai International Energy Exchange issued a notice on market risk control work in response to recent geopolitical complexities and volatile energy and chemical futures prices. The exchange called on market participants to strengthen compliance management of trading behavior, enhance investor education, and encourage participants to raise risk awareness, manage positions prudently, and conduct compliant transactions to maintain orderly market operations.

On August 21, the Shanghai Futures Exchange (SHFE) released a notice urging market participants to strengthen compliance management and enhance investor risk awareness as energy and chemical commodities experience significant volatility amid complex international conditions. The exchange called for traders to better manage positions, participate rationally, and maintain compliance to support market stability.

According to a study released by the Bank of Italy in July 2026, a review of 200 USDC transfers across ten remittance corridors revealed stablecoin remittance costs ranged from 0.3% to 9%, with blockchain transactions accounting for only 0.4% of total costs. The majority of expenses came from currency conversion, credit card fees, and withdrawal charges rather than on-chain transfers. Costs varied significantly by corridor; stablecoins offered advantages on some routes such as Brazil to Italy, w

According to BlockBeats, PUMP surged near $0.004 on August 21, gaining 19% in 24 hours, 36% over 7 days, and 98% over the past month, marking a recovery from its $0.001 low in late June. The token's rally is driven by Pump.fun's core mechanics: the platform collected $29.19 million in revenue over the past 30 days (third-largest among major protocols), with 50% allocated to PUMP buybacks and burns. Recent weekly fee revenue exceeded $10 million, translating to approximately $5 million in weekly

According to Bangladesh Prime Minister's spokesperson, the decision on whether Prime Minister Sheikh Hasina will visit India has not yet been made as of August 21.

According to a filing with China's State Administration for Market Regulation, Zhaoqing Xpeng New Energy Investment Co., Ltd. initiated a recall starting August 22, 2026. The company recalls 134,588 units of Xpeng G6 (produced April 7, 2023–December 22, 2025), 94,688 units of Xpeng P7+ (produced July 23, 2024–December 10, 2025), and 35,566 units of Xpeng X9 (produced August 8, 2023–September 26, 2025), totaling 264,842 vehicles subject to recall number S2026M0101V.

According to Jin10, Chinese Foreign Minister Wang Yi and Indonesian Foreign Minister Sugiyono held the first meeting of the China-Indonesia Comprehensive Strategic Dialogue mechanism in Jakarta on August 21, 2026. The two sides exchanged views on deepening the China-Indonesia community of shared destiny and reached broad consensus, according to Wang Yi's remarks. The establishment of the dialogue mechanism is aimed at implementing the consensus of the two countries' leaders and advancing the con

According to Semafor, Nigeria plans to provide exploration cost subsidies to mining companies. The measure aims to support the nation's mining sector development, though specific implementation details and subsidy amounts were not disclosed.

According to ChainCatcher, UPBIT will launch NEXO/USDT trading starting August 21 at 22:00. Users must complete NEXO deposits within two hours of the announcement. NEXO deposits and withdrawals are only supported on the Ethereum network.

According to Walmart's earnings report released Thursday (August 20), the company's stock fell more than 9% on concerns over weak comparable sales growth, despite fiscal second-quarter revenue of $187.9 billion exceeding the $186.77 billion consensus estimate. Adjusted earnings came in at 81 cents per share. The stock decline, which erased over $80 billion in market value, marked Walmart's largest single-day drop since May 2022. Comparable sales rose just 2.6% in the quarter, below Wall Street e

According to First Digital CEO Vincent Chok, recent statements by Sun Yuchen regarding FDUSD in a WLFI litigation post contain "severely inaccurate" content. Chok emphasized that despite allegations being raised 16 months ago, Sun has failed to present any evidence in court to support his claims.

According to China's State Administration for Market Regulation (SAMR), Tesla Inc. Shanghai and Tesla Motors Beijing subsidiaries filed recall plans for domestically produced electric vehicles. Starting September 25, 2026, the companies will recall 973,156 units of domestic Model 3 (produced March 4, 2019–April 29, 2026) and 1,956,713 units of domestic Model Y (produced November 16, 2020–April 30, 2026). Additionally, Tesla Inc. Shanghai will recall 2,740,642 units of domestic Model 3 and Model

According to BlockBeats, China Merchants Bank issued a notice to mainland investors on August 21 requiring them to submit an "Inactive Account Declaration Form" to comply with the Hong Kong Monetary Authority and Securities and Futures Commission's latest risk management guidelines. The bank identified all investment accounts with zero balance as of May 22, 2026, and no trading activity in the past 12 months as inactive zero-balance accounts. Customers must submit the declaration through the ban

Brent crude oil expanded its intraday gain to 1.00% today, trading at $92.63 per barrel.