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
19:38

Bitcoin ETFs See $850M Weekly Inflow After Coldcard Hack

According to Bloomberg, U.S. Bitcoin ETFs managed by BlackRock, Fidelity, Grayscale, Morgan Stanley and others took in $850 million last week, marking their largest weekly inflow since April. The cash influx followed the discovery of a critical vulnerability in Coldcard's wallet software, which hackers exploited to steal over $130 million in Bitcoin. BlackRock's iShares Bitcoin Trust led the inflows, with the company telling Bloomberg that investors are using the ETFs as a trusted vehicle to avo
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BTC-1.82%
19:30

Kevin Hassett Says He'd Hold or Cut Rates If at Fed, Citing Supply Momentum

According to CNBC, Kevin Hassett, chair of the White House National Economic Council, said today (Aug. 10) he would hold interest rates steady or cut them if he were at the Federal Reserve. Hassett cited strong supply-side momentum and recent inflation reports showing declining prices as reasons for his stance. "If I were at the Fed right now, I would hold rates or cut," he said, adding that he would want to see continued disinflationary trends similar to recent months before making policy decis
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19:27

U.S. 10-Year Treasury Yield Rises 5.51 Basis Points on August 10

On August 10, a trading day following the U.S. nonfarm payroll report, the U.S. 10-year Treasury yield rose 5.51 basis points, approaching the daily high of 4.7005% set earlier. The 2-year yield climbed 4.58 basis points toward 4.2410%, while the 30-year yield advanced 4.48 basis points to 5.2456%. The 2/10-year yield curve flattened by 1.145 basis points to +45.953 basis points. 10-year Treasury Inflation-Protected Securities (TIPS) yielded 2.4256%, up 3.65 basis points; 30-year TIPS rose 3.48
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19:25

South Korea's KOSDAQ Surges 6.97% to 854.47, Breaking Above 850 Level on August 10

According to Money Today, South Korea's KOSDAQ index rallied 6.97% to close at 854.47 on August 10, breaking above the psychologically significant 850 level for the first time this month. The surge was driven by strength in biotech and semiconductor supply chain stocks. By contrast, the KOSPI index rose more modestly by 0.65% to 6299.66, as Samsung Electronics and SK Hynix, the market's twin semiconductor leaders, traded flat.
19:16

Bitcoin Wallet Dormant 12.5 Years Wakes Up, Moves 26.96 BTC Worth $1.75M on August 10

According to Galaxy Research, a Bitcoin wallet dormant for 12.5 years moved 26.96 BTC on August 10, realizing a potential gain of approximately $1.73 million. The wallet, which first received coins on January 31, 2014 when BTC traded below $1,000, had an average cost basis around $803 per coin, translating to a 7,975% return. The transfer occurred in block 961845 at 07:03 UTC, with funds swept to a fresh address; while the move does not confirm an imminent sale, such transfers often precede cons
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BTC-1.82%
19:14

TD Securities Gives Crypto Clarity Act 25% Chance of Passing in September

According to TD Securities in a Monday note last week, the Crypto Clarity Act has only a 25% probability of passing in September, with the bank assigning a 75% likelihood the bill fails to become law this fall. The Senate vote on the long-awaited crypto market structure bill was delayed and will now take place after lawmakers return from their August recess.
19:12

Plus500 Returns $182.5 Million to Shareholders, Exceeding H1 2026 Profit by $30.6 Million

Plus500 announced $182.5 million in shareholder returns during H1 2026, comprising $100 million in share buybacks and $82.5 million in dividends. The payout exceeds the company's net profit of $151.9 million for the six months ended June 30 by approximately $30.6 million. The distribution is supported by a balance sheet holding $861.3 million in cash with no financial debt. Revenue for the period increased 12% year over year to $462.9 million, though adjusted EBITDA rose only 1% to $187.5 millio
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19:11

Commodity Futures Mixed on August 10: NY Cocoa Up 2.09% to $6,018/Ton

On Monday (August 10), according to ICE and WCE data, New York commodity futures closed with mixed performance. NY cocoa futures rose 2.09% to $6,018/ton, while London cocoa futures gained 0.57%. ICE raw sugar futures advanced 0.06% and white sugar futures climbed 0.50%. Arabica coffee futures declined 0.10%, while ICE coffee C futures fell 0.22%; however, Robusta coffee futures rose 0.85%. Chicago WCE canola futures surged 1.91%, while ICE cotton futures dropped 0.75%.
19:11

Fed's Hammack States Multiple Rate Hikes Likely Needed to Cool Inflation, August 11

According to Jin10, Cleveland Federal Reserve President Beth Hammack stated on August 11 that the Fed may need multiple rate hikes to bring inflation back to its 2% target. She noted that a single 25-basis-point increase would have limited economic impact, though she declined to specify the exact number of hikes or final rate level needed. Hammack emphasized that the current 3.50%-3.75% rate range is not restrictive enough, as businesses continue investment despite higher rates, making immediate
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19:09

Trump Demands Iran Compensate U.S. for Military Conflict on August 10

According to President Donald Trump's Truth Social post on August 10, Trump said the U.S. will demand compensation from Iran for casualties and damages caused by Iran-related conflicts over the past five months. Trump stated he has instructed his delegation to include this requirement in all future negotiations. The demand covers casualties from Iran-led conflicts, roadside bombings, and incidents such as the USS Cole attack, as well as victims killed by Iranian forces over decades. Iranian Fore
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19:05

Nvidia Teams With Apollo, Blackstone, BlackRock on $500 Billion AI Infrastructure Financing Deal

According to CNBC on Monday, Nvidia partnered with Apollo Global Management, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR to assemble a $500 billion capital package for artificial intelligence infrastructure financing. An announcement could be made as soon as Monday. The effort aims to help Nvidia's largest customers secure financing to purchase high-end GPUs, build data centers, and lock in long-term electricity capacity.
18:59

Coinsbuy Confirms $7.9 Million Security Breach, Offers $100K Bounty

According to ChainCatcher, Coinsbuy confirmed today that the platform experienced a security breach involving unauthorized wallet withdrawals totaling $7.9 million. The company stated it has covered all customer losses using its own reserve funds and announced a $100,000 bounty for information related to the incident.