Gate Crypto Flash News and Market Updates

According to Blockchain.com, Bitcoin's seven-day average hash rate reached 920.63 exahashes per second (EH/s) on August 8, marking the highest level in approximately one month since July 4. The metric increased by 21.5 EH/s compared to seven days prior, indicating increased mining demand across the network. Meanwhile, miner Bitcoin holdings declined to 1.192802 million BTC (approximately $108.7 billion) as of August 8, down 47 BTC from seven days earlier, suggesting miners are selling, lending,

According to TASS, drone strikes hit Russia's Belgorod region on August 9, killing 3 people.

According to OKX data, TUT broke above $0.3 today, then rapidly dropped below $0.13.

According to Odaily, TUT token broke through $0.2 intraday on August 9, surging over 370% with a peak of $0.253, according to OKX market data.

According to PPP, the predict.fun prediction market shows IG has an 85% probability of defeating LNG in today's LPL Division 3 matchup at 3 p.m., with the series contested in BO3 format.

According to BlockBeats, TUT, a token on the BSC network, surged over 200% in 24 hours to $0.11 on August 9, before plunging 44% within the last hour. The token experienced significant contract trading volatility, with liquidations reaching $34.02 million, including $32.78 million in short liquidations. Multiple six-figure short positions were liquidated on major exchanges.

According to Samsung Securities analyst Hong Jin-hyun, stablecoin issuer Circle Internet Group saw USDC average circulation reach $73.3 billion in Q2 2026, up 20% from the year-ago period, offsetting a decline in reserve yield rates. Circle reported Q2 revenue of $700 million, up 7% year-over-year, with adjusted EBITDA of $140 million, up 8%. Reserve management income accounted for $670 million, or 95% of total revenue. The company's RLDC (revenue less distribution costs) margin improved to 41.2

According to Yonhapnews, South Korea's KOSPI index fell 5.1% last week while the KOSDAQ rose 10.98%, marking the seventh consecutive week of declines for KOSPI. Analysts expect the broader market to focus on U.S. inflation data this week, as interest rate stability and foreign investor inflows are seen as critical for KOSPI's recovery. NH Investment Securities projected KOSPI's trading band for this week at 6,000-7,000 points, with key U.S. data releases including July CPI on August 12 and PPI o

According to Yonhap News, SK Hynix' stock fell to 1.422 million won on August 9, down 52.39% from its all-time high of 2.987 million won on June 24. The company announced a quarterly dividend of 375 won per share on August 7 and pledged to finalize and disclose an additional shareholder return plan by the end of Q3 2026. The chipmaker is targeting 100 trillion won in net cash by year-end 2026, with Q2 net cash reaching 69.4 trillion won.

According to Bifrost, on August 8 at 11:47 UTC, three of the platform's liquidity mining pools were compromised through an exploit targeting abnormal reward and weight amplification mechanisms. The affected pools were vDOT single-token mining, vASTR/ASTR, and vMANTA/MANTA. Attackers transferred approximately 881,150 DOT (roughly $720,000 at the time) from shared Keeper Vaults, which was subsequently converted and moved off-chain.

According to Bloomberg, Situational Awareness, an AI fund led by former OpenAI researcher Leopold Aschenbrenner, invested $400 million in semiconductor manufacturing startup Source Foundry this week. Source Foundry develops a simpler, lower-cost, and faster semiconductor manufacturing process designed to bridge the growing gap between AI developers' computing power demands and chip production capacity expansion.

According to ChainCatcher, Bifrost detected on August 9 that hackers exploited a vulnerability in its liquidity pools, draining approximately $720,000 in assets from the vDOT single-asset pool and vASTR/ASTR and vMANTA/MANTA pairs. The stolen funds were transferred to HitBTC before flowing into Binance. Bifrost has requested asset freezes from Binance's security team and submitted evidence to law enforcement, including transaction traces, wallet addresses, and timestamps. The protocol has halted

According to The Wall Street Journal, Berkshire Hathaway's cash reserves declined 4% to $364.7 billion at the end of June, marking the first quarterly drop in four years. The conglomerate posted net income of $25.67 billion for Q2, more than double the year-earlier $12.37 billion. The cash decline followed Berkshire's $6.8 billion acquisition of homebuilder Taylor Morrison in July and $10 billion in additional Alphabet shares as part of $23.5 billion in total equity purchases.

According to Houthi statements, on August 9, Yemen-based Houthi forces conducted a drone attack on Saudi Aramco's refinery located in Jizan, Saudi Arabia, claiming the strike successfully hit its target. The group stated the operation was in response to what it described as Saudi drone incursions into Yemeni airspace over Saada and Hajjah provinces.

According to Odesa's power company, Russian attacks on the Odesa region early on August 9 caused partial power outages in several areas. Recovery efforts are underway, with restoration work in progress.

According to Russian officials, Russia struck fuel storage facilities at Ukrainian ports overnight on August 8. The operation targeted energy infrastructure in the conflict zone.

According to Korean Exchange, on August 7, Samsung Electronics and SK Hynix' combined market capitalization share in KOSPI fell to 48.95%, down 5.09 percentage points from 54.04% a week earlier. Non-semiconductor sectors gained strength, with construction rising 29.64%, machinery and equipment up 23.38%, and heavy industry advancing 20.72%, outpacing the semiconductor sector's 12.56% gain. Among 943 listed stocks, 862 stocks (91.4%) rose during the period.

According to Odaily, Bitcoin miner Marathon Digital Holdings (MARA) completed two loans on August 4, pledging 18,750 BTC to secure $600 million in new debt. The collateral was valued at approximately $1.2 billion at closing. Coinbase Credit provided $450 million (including refinancing of an existing $150 million credit line and $300 million in new funds), while Two Prime Lending contributed $300 million. Borrowing rates are Coinbase's rate at 3.875% above the Federal Reserve midpoint through Aug

According to BlockBeats, trader Killa identified on Aug 9 that $65,300 (the weekly high) serves as a key technical pivot for Bitcoin. Should BTC break below this level, the asset may retest monthly open support near $62,700. Conversely, a strong break above $65,300 could lead to further upside toward $66,900, though Killa notes the market remains in a narrow consolidation range without clear directional signals.

According to Korean Investment & Securities on August 9, South Korea's financial regulator's strict rules on single-stock leveraged ETFs have effectively curbed speculative trading. Assets under management for Samsung Electronics and SK Hynix leveraged ETFs fell to 1.6 trillion won and 2.9 trillion won respectively—down 45% and 42% from peaks. Daily trading volume also plummeted roughly 90%, the report noted. However, the regulation may be triggering a "balloon effect," with investment demand sh