Gate Crypto Flash News and Market Updates

According to Pioneer Technical Company, a Liberian-flagged cargo ship, the MV Minos Pioneer, caught fire on August 4 after being attacked near the Strait of Hormuz, with one crew member reported missing. The vessel is operated by a Greek company. Unidentified projectiles struck the ship's engine room, causing fires in the accommodation area and triggering the disappearance of the crew member. The crew attempted to extinguish the fire and requested external assistance before abandoning the vessel

According to Bitcoin News, new evidence suggests that the anonymous switck account, who wrote LibNgU code at the center of COLDCARD's entropy failure, may be Coinkite co-founder and CTO Peter Gray. Developer James O'Beirne warned Coinkite in May 2025 about suspicious RNG implementation in LibNgU, recommending its removal, but claims the company responded that any issues would have been found. The findings indicate Gray received direct warnings over one year before the vulnerability was publicly

According to The Kobeissi Letter, the on-chain tokenized U.S. Treasuries market reached $16.2 billion on August 4, marking a historic high and up 77% since the beginning of 2026. The expansion is driven by investors using tokenized Treasury assets as collateral to borrow stablecoins for DeFi strategies, with some looping strategies yielding over 10% annually.

According to Foresight News, Ethereum infrastructure company Blockspace has completed a funding round led by BlueYard Capital, with participation from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, and Stakely. The funding amount was not disclosed. Blockspace aims to improve Ethereum block space utilization efficiency to optimize transaction fees and generate returns through Ethereum staking.

According to BlockBeats, Galaxy Digital announced a strategic partnership with BNY Mellon on August 4 to advance digital asset infrastructure for institutional clients. The collaboration will integrate digital asset custody and staking services into a unified institutional-grade platform, enabling clients to participate in proof-of-stake networks through a secure, streamlined process. The staking services remain subject to regulatory approval.

According to Gate market data, the S&P 500 index reached 7696.08 points today, up 1.27%, marking a new all-time high.

According to Fonterra, on August 4, the Global Dairy Trade (GDT) price index rose 0.1%. Milk powder contracts averaged $3,778 per ton across all contract periods. Wholesale milk powder prices increased 0.2%, trading at $3,483 per ton.

According to CNBC, on Tuesday, New Jersey Attorney General Jennifer Davenport sued Amazon on antitrust grounds, alleging the company abuses its market power over delivery contractors to suppress competition and lower workers' wages. The complaint accuses Amazon of preventing delivery workers from unionizing, restricting contractors from hiring each other's drivers, and maintaining artificially suppressed labor conditions. Davenport stated that Amazon "built a company worth trillions while subjec

According to CoinGlass, the crypto market liquidated $153 million in open positions over the past 24 hours on August 4, with short positions accounting for $97.39 million and long positions $55.17 million. A total of 59,170 traders were liquidated. Bitcoin accounted for $32.76 million in liquidations, while Ethereum saw $18.02 million liquidated.

According to Glassnode data on August 4, over 515,000 Bitcoin—representing more than 3% of total BTC supply—has concentrated near the $63,000 price level. An additional 362,000 BTC (approximately 2% of supply) clustered around $61,000. Bitcoin's current price of approximately $63,822 closely aligns with its 200-week moving average at $63,657, indicating substantial historical accumulation at this zone. Supply concentration in the $63,000 range ranks as the second-highest after the $78,000–$82,00

According to Press TV, Iran and Oman's negotiations over Hormuz Strait shipping routes have entered a new phase despite interference from the United States. Sources indicated that a bilateral understanding between the two countries could materialize if external disruptions cease.

According to BP Chief Executive Officer Meg O'Neill, the company recently announced a strategic repositioning, no longer viewing itself as a large oil supermajor competing with rivals like Chevron, ExxonMobil, Shell, and TotalEnergies. Instead, BP will focus on competing within its own weight class and concentrate investments in its strongest businesses. The company has accelerated asset sales, recently divesting its UK North Sea operations and U.S. biogas producer Archaea Energy.

On Tuesday, Amazon joined the Nvidia-led Open Secure AI Alliance, bringing the coalition to over 120 members, as the group announced a new framework for securing agentic AI systems. The alliance partnered with the Linux Foundation to develop SAFE (Shared AI Findings Exchange), designed to confidentially collect and analyze AI security incidents, notify affected organizations, identify repeated control failures, and publish evidence-based recommendations to reduce broader risks across the ecosyst

Between July 27-31, Prosus repurchased 1.8372 million shares at an average price of €39.0116 per share, totaling approximately €71.7 million (equivalent to $81.9 million).

Hut 8 shares fell as much as 8% in early trading Tuesday after the company reported second-quarter 2026 revenue of $74.9 million, up 81% year-over-year from $41.3 million but slightly below Wall Street estimates of around $80 million. The company posted a net loss of $177.1 million, largely due to $138.6 million in unrealized losses on digital assets. During its earnings call, CEO Asher Genoot announced the expansion of Hut's AI data center development pipeline to approximately 8.7 gigawatts, a

According to The Block, Bitdeer signed a $4.7 billion, 16-year lease agreement with Volta on Tuesday morning to provide 121 IT megawatts of AI computing capacity across four data halls at its Tydal campus in Norway. The company projects average annual revenue of approximately $294 million and a net operating margin of roughly 90%. Volta's obligations are backed by approximately $1.3 billion in letters of credit arranged by JPMorgan affiliates. The agreement includes an eight-year renewal option

According to ChainCatcher, Nvidia CEO Jensen Huang announced the Alpamayo 2 Super, an open-source inference model designed for autonomous driving applications. The model can perceive, understand, and reason about complex environments to enable decision-making before action, serving as the core technology for robotaxis, autonomous trucks, shuttles, delivery vehicles, and future large-scale robot systems. Based on OpenMDW-1.1, the model will be available for commercial use, allowing developers and

According to Petrobras, on Tuesday at the S&P Global Energy Conference in Rio de Janeiro, the company's head of exploration and production Sylvia Anjos stated that the company is prioritizing the replenishment of oil reserves and actively seeking opportunities both domestically and internationally. Anjos noted that Petrobras's biggest challenge currently is improving and accelerating the approval process for drilling permits.

According to Aptos, the Layer-1 blockchain network launched Confidential APT on its mainnet today (August 4), introducing an optional privacy capability that allows users to control the visibility of selected transaction information. The feature is designed to support sensitive financial activities including payroll processing, corporate finance transactions, and business-to-business payments while maintaining regulatory compliance. Users can choose which transaction details remain publicly visi

According to Bitget market data, Palantir surged 27.11% during intraday U.S. stock trading on August 4, leading gains among Nasdaq-100 components. The data analytics and AI software company focuses on government and enterprise clients. Semiconductor and AI-related stocks drove the broader rally, with Arm Holdings rising 12.88%, Marvell Technology up 10.53%, and Intel gaining 8.83%. The semiconductor sector led sector performance, while some consumer, energy, and crypto-related stocks declined.