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.
2026-08-18
10:58

Trump Family Crypto Company Partners with Platform Offering 43 Chinese AI Models

According to a Reuters investigation, World Liberty Financial, a cryptocurrency company in which the Trump family holds approximately 38% stake, has partnered with WorldClaw, a Hong Kong-based platform. WorldClaw provides access to 90 AI models, with 43 originating from Chinese companies including Alibaba, Baidu, DeepSeek, and others. Several of these Chinese firms have been flagged by the Trump administration for national security and intellectual property concerns. The partnership accepts paym
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WLFI0.37%
USD10.03%
10:56

GBA Group (00261) H1 2026 Stockholders' Loss Narrows to HK$20.1 Million, Down 47% Year-on-Year

According to the announcement, GBA Group (00261) reported that stockholders' loss for the first half of 2026 is expected to narrow to approximately HK$20.1 million, compared to HK$43.2 million in the same period of 2025. The gross loss reversed to a gross profit of approximately HK$2.4 million, down from a gross loss of HK$27.9 million in H1 2025, primarily driven by reduced impairment losses on properties held for sale and properties under development.
10:56

Union Group (00373) Issues Profit Warning: H1 2026 Net Income Seen at HK$200M-400M, Down 76-88% YoY

According to the company's announcement, Union Group (00373) expects net profit attributable to shareholders for the first half of 2026 (ended June 30) to range from approximately HK$200 million to HK$400 million, compared to about HK$1.7 billion in the same period of 2025. The significant decline is primarily due to Tian An taking on its share of losses, as opposed to recording profits in the prior year, amid the absence of major property delivery projects and weakness in mainland real estate s
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10:56

Alleged $165M Crypto Ponzi Scheme Promoter Deported from Fiji, Faces Federal Charges

According to the U.S. Attorney's Office for the Northern District of Georgia, Edward Zimbardi, promoter of an alleged $165 million cryptocurrency Ponzi scheme called "The Crypto Program," was deported from Fiji to the U.S. last week. Zimbardi was scheduled to appear in federal court in Los Angeles on Monday to face 12 counts of wire fraud, 12 counts of money laundering, and one count of money laundering conspiracy. Prosecutors allege Zimbardi ran the scheme between June 2022 and August 2023, off
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10:53

Developer Yetone Open-Sources Cumora, AI-Human Collaboration Software Supporting Claude Code and Codex

According to Beating, developer yetone has open-sourced Cumora, a collaborative software platform designed for humans and AI agents to work together as persistent team members. The tool allows Claude Code, Codex, and other agents to participate in group and direct messaging, view tasks, and claim work assignments. Cumora integrates chat directly into workflows, enabling agents to wake on new messages, board tasks, and calendar events. The platform includes conflict prevention mechanisms to avoid
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10:52

U.S. Treasury Proposes GENIUS Act Stablecoin Rule, Opens 60-Day Comment Period

According to the U.S. Treasury Department, on Monday, the department unveiled a detailed proposal to define stablecoin issuers under the GENIUS Act, distinguishing payment stablecoins from traditional securities. The move opens a 60-day public feedback window before regulators finalize the rule. The proposal clarifies that payment stablecoins, which serve payment and settlement functions, will not be automatically treated as securities. Treasury Secretary Scott Bessent stated the effort aims to
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10:47

LimX Dynamics Files Confidential Hong Kong IPO Application, Seeks Up to $300M

According to Bloomberg, humanoid robot maker LimX Dynamics (逐际动力) filed a confidential Hong Kong IPO application today, seeking to raise up to $300 million, with China International Capital Corporation (CICC) as lead underwriter. The Shenzhen-based company, founded in 2022, is backed by Alibaba Group, JD.com, and IDG Capital. In July 2026, LimX completed a $200 million Pre-IPO funding round at an estimated valuation of 15 billion yuan. Final offer size and timing remain under discussion.
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10:45

OpenAI, Google Expand Data Collection Beyond Chat Records; Google Retains User Uploads for Up to 4 Years

According to Axios, AI companies are expanding data collection to include computer activity and user-generated content. OpenAI's new Computer History feature on Mac records app clicks, inputs, and website switching to build user work memory; the feature is off by default and OpenAI states temporary records won't be used for model training. Google's Search Services History is more aggressive, saving images, files, and videos uploaded via Lens, Search Live, and Translate, and can be used for train
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10:41

Blockchain.com Approved to Join Nigeria's SEC Accelerated Regulatory Innovation Program

According to Chainwire, Blockchain.com has been approved to join Nigeria's Securities and Exchange Commission (SEC) Accelerated Regulatory Innovation Program (ARIP). The platform will operate within the sandbox framework while meeting compliance, testing, and regulatory requirements. Through ARIP, Blockchain.com will collaborate directly with the SEC to evaluate digital asset business models, test safeguards, and support long-term regulatory framework development. The company has secured multipl
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10:33

Peter Schiff Calls Bitcoin Sell-Off at $65K as Fed Rate-Hike Odds Fall

According to Peter Schiff, Bitcoin is holding near $64,000 with resistance at $65,000, which he views as a key exit opportunity for holders rather than a catalyst for sustained gains. Schiff questioned Bitcoin's ability to extend above $65,000, citing downside risks as greater than upside potential. Meanwhile, Federal Reserve rate-hike expectations have declined significantly. Goldman Sachs chief economist Jan Hatzius indicated a September Fed rate increase is unlikely, citing weaker employment
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BTC7.07%
10:32

China Iron Titanium (00893) Issues Profit Warning, Expects H1 2026 Net Loss of up to RMB 10M, Swinging to Loss from RMB 1M Profit Year-on-Year

China Iron Titanium (00893) issued a profit warning for the first half of 2026 (ended June 30), expecting a net loss attributable to shareholders of no more than RMB 10 million, compared to a net profit of approximately RMB 1 million in H1 2025. The company attributed the loss primarily to the continued suspension of mining operations to advance the upgrade and expansion of the Maocling-Yanglong Mountain iron mine, leading to a significant decline in high-grade iron concentrate output and sales.
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