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
17:42

Samsung Approves Record 110 Trillion Won Shareholder Return on August 21; SK Hynix Announces 40 Trillion Won Buyback

According to Samsung Electronics, on August 21, the company approved a 90-110 trillion won ($65.1-$79.5 billion) shareholder return, the largest ever by a Korean company. Two days earlier, on August 19, SK Hynix announced a 40 trillion won ($28.6 billion) share buyback and full cancellation. Both decisions are fueled by record 70% operating margins in high-bandwidth memory, with Samsung's Device Solutions unit contributing over 99% of the division's operating profit in Q2. Samsung's strategy emp
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17:42

Zondacrypto CEO Kral Charged with Fraud as Poland Estimates Customer Losses at 2.4 Billion Zlotys

According to reports on Monday, Polish prosecutors investigating collapsed cryptocurrency exchange Zondacrypto estimate customer losses at 2.4 billion Polish zlotys, roughly $650 million, with CEO Przemysław Kral charged with participating in large-scale fraud. The figure represents a significant increase from the minimum 350 million zlotys disclosed when authorities opened their investigation on April 17. Investigators suspect only part of customer deposits were used to purchase cryptocurrency,
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17:31

Iranian Parliament Speaker Responds to U.S. Sanctions Threats on August 24

According to Jin10, on August 24 evening, Iranian Parliament Speaker Mohammad Baqer Qalibaev responded on social media to U.S. sanctions threats, stating that the United States lacks economic capacity to further restrict other countries' international relations and that no one believes American statements. Later that day, U.S. Treasury Secretary announced multiple economic sanctions measures against Iran.
17:31

Musk: Nvidia Vera Rubin Chip Platform to Reach Scale by 2028

According to ChainCatcher, Elon Musk stated that Nvidia's space-optimized Vera Rubin chip platform will reach significant scale by 2028. The Vera Rubin NVL72 system is scheduled to launch in orbit during the fourth quarter of next year.
17:26

U.S.-Canada Trade Negotiations Continue, Vice President Vance Urges Fair Deal on August 24

According to Vice President Vance on August 24, negotiations between the U.S. and Canada over trade remain ongoing. Vance stated that Canada had raised "unreasonable demands at the last minute" and emphasized that the U.S. seeks fair trade policies. He said, "We want a fair trade policy. We need to send a loud and clear message to the Canadian Prime Minister: stop taking advantage of Maine's people, stop taking advantage of America. It's all over." Vance reaffirmed that "America will strive for
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17:13

U.S. Treasury Announces Iran Sanctions Details on August 25

According to the U.S. Treasury Department, Treasury Secretary Bessent held a press conference on August 25 to announce sanctions details against Iran. Bessent previously stated that the United States is entering a decisive phase and preparing the largest-scale financial offensive against a hostile power in history.
17:12

Bitcoin ETFs Absorb $1.92B for Week Ending August 22, Best Week Since October 2025

According to SoSoValue data, US spot Bitcoin exchange-traded funds recorded $1.92 billion in net inflows for the week ending August 22, marking their strongest weekly performance in nearly ten months. Bitcoin rose more than 20% during the same period, briefly surpassing $79,000 after starting the week near $63,000. BlackRock's iShares Bitcoin Trust (IBIT) accounted for approximately $1.33 billion of the total inflows, according to Farside Investors, with daily inflows peaking at $503 million on
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BTC1.64%
17:12

Wintermute Deposits 1,279.99 BTC to Binance in 18 Hours, Worth $98.68M

According to Onchain Lens, Wintermute deposited 1,279.99 BTC into Binance over the past 18 hours through eight separate transactions, with a total value of approximately $98.68 million. The most recent transfer occurred approximately 30 minutes ago, in which 90.1 BTC (valued at $6.97 million) was sent to the exchange.
BTC1.64%
17:12

Bitcoin and Ethereum ETFs Grew $23 Billion Last Week; Only $2.6 Billion Was New Money

According to SoSoValue data, U.S. spot Bitcoin and Ethereum ETFs added $2.6 billion in net inflows for the week ending August 21, their strongest week since October 2025. Total assets under management jumped roughly $23 billion, with Bitcoin ETF assets rising 25.4% to $96.1 billion and Ethereum ETF assets rising 35.9% to $14.3 billion. Bitcoin gained approximately 24% to briefly exceed $79,000, while Ethereum climbed about 30% above $2,500, driven by the Treasury's expanded bond-buyback program
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BTC1.64%
ETH0.70%