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
18:37

SEC Cancels Crypto Regulation Meeting, Delays Innovation Exemptions Again

According to ChainCatcher, the U.S. Securities and Exchange Commission canceled a scheduled meeting on Friday that was intended to advance crypto regulations and disclose delayed innovation exemptions. The meeting was set to discuss the Reg Crypto proposal, which covers how companies can conduct token offerings and eventually exit SEC oversight after issuing digital assets. The SEC had also planned to disclose at least part of its innovation exemption framework for security token issuers. Both i
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17:32

SafePal and Trezor Expose 53,487 Customer Records Including Home Addresses This Week

According to disclosures Sunday, SafePal and Trezor exposed 53,487 customer records containing names, emails, phone numbers, and home addresses. SafePal said a flaw in its order-tracking plugin allowed unauthorized access to 39,798 customer records from March 2, 2025 to April 11, 2026. Trezor's 13,689 records leaked through its shipping partner ShipMonk on August 10. Neither company lost cryptocurrency or private keys. The exposed addresses pose a physical security risk. In May 2026, the FBI pro
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17:04

World Gold Council CEO Predicts Bitcoin Could Go to Zero, Citing Risk-Asset Behavior

According to Bitcoin.com News, World Gold Council CEO David Tait said on August 16 that bitcoin could eventually go to zero. Speaking at Consensus Miami, Tait stated this was his personal opinion based on how bitcoin trades with risk assets during market stress rather than acting as insurance. He noted that when liquidity dries up and investors are forced to sell, bitcoin has repeatedly fallen alongside equities instead of holding its value like gold, which has benefited from central-bank buying
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BTC0.17%
17:01

South Korea's VKOSPI Volatility Index Falls 35.8% Following Leverage Regulation

According to the Korea Exchange, South Korea's VKOSPI 200 volatility index closed at 55.31 on August 14, marking a 35.8% decline from July 30 when regulators raised minimum deposit requirements for single-stock leverage products from 10 million won to 30 million won. Forced liquidations in the domestic stock market also dropped sharply to 50 million won daily on August 13, down from peaks exceeding 1 billion won in late July, according to the Financial Investment Association.
17:00

StablecoinX Holds $218.4M ENA, About 20% of Total Supply

According to Bitcoin.com News, StablecoinX holds approximately 3 billion ENA tokens, representing about 20% of the total supply, valued at $218.4 million as of June 30. The listed company reported a quarterly loss of $34.2 million in its latest operating disclosure, including $36.2 million in ENA impairment charges, with adjusted loss at $188,200.
ENA-1.58%
16:21

Chinese Animated Film Niu Lai Fuels Stock Rally and Meme Token Surge to $29M Market Cap

According to BlockBeats, on August 17, Chinese animated film "Niu Lai" sparked social media frenzy, driving A-share stocks with "niu" (bull) characters to top-five trending list on retail trading apps, with Jinniu Chemical and Copper Bull Information leading surges. The film's box office surged from 3,420 yuan (approximately $480) on its opening day to 4.648 million yuan cumulatively, ranking ninth among 2026 domestic animated films. Meanwhile, the Meme token "Niu Lai" on BNB Chain hit a peak ma
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MEME-2.54%
16:01

Chinese AI Models Surpass U.S. in Parameter Scale During 2026, Reaching Up to 27.8 Trillion

According to Hugging Face's latest report, Chinese AI enterprises have released the largest open-source models with significantly higher parameter scales than U.S. counterparts throughout most months of 2026. Chinese models reached 754 billion to 27.8 trillion parameters monthly, while U.S. models remained below 130 billion for most periods. More than 80 percent of Chinese models with parameters exceeding 20 billion adopt permissive licensing agreements, enabling commercial deployment and deriva
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16:01

SafePal Discloses Security Incident: User Data of 39,798 Customers Exposed in Order Plugin Vulnerability

According to SafePal, the crypto wallet service recently discovered a vulnerability in its order tracking plugin that exposed personal data of approximately 39,798 users. The incident affected customers who placed orders between March 2, 2025 and April 11, 2026, with leaked information including names, email addresses, shipping addresses, phone numbers, and purchase records. SafePal emphasized that the breach did not compromise wallet security data. Private keys, seed phrases, wallet passwords,
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SFP-0.25%
16:01

Wallet Liquidates 5.12M MarsCoin Two Days Before Rally, Realizes $4,533 Loss

According to on-chain analyst Ai Yi, two days before MarsCoin's price surge, a wallet liquidated 5.12 million MarsCoin at $0.00006885 per token, realizing a loss of $4,533. At the time of the sale, the token's market cap was $68,000; it has since risen to $171,000. The same wallet attempted to recover losses 55 minutes ago by purchasing $2,308 worth of MarsCoin and is currently in profit on this position, though the overall portfolio remains underwater.
16:01

DefiLlama Delays Mobile App Launch Over Phishing Apps on Apple App Store

According to DefiLlama founder 0xngmi, the platform delayed its mobile app launch after spending months requesting Apple to remove phishing apps impersonating DefiLlama from the App Store. The founder noted that after the team downloaded one malicious application and documented a small cryptocurrency wallet being stolen, Apple removed it within days. The delay persists until all counterfeit apps are fully removed.