Gate Crypto Flash News and Market Updates

According to Reuters, ByteDance and the Motion Picture Association signed an agreement on Aug. 17 to strengthen copyright safeguards for the Chinese company's Seedance video and Seedream image-generation models. The deal follows a February cease-and-desist letter from the MPA regarding intellectual property concerns. The models are available through TikTok, CapCut, and Dreamina, and both sides committed to continuing work on copyrighted content protections as AI technology evolves.

On August 18, Chinese stock exchange recorded a historic IPO debut as Pinguanzhun Laser, labeled the "most expensive IPO" in A-share history, soared 595% on its first trading day. Single-lot investors gained up to 550,000 yuan, marking one of the highest one-day returns in recent A-share IPO history.

According to ZhiTong Finance, Baowang Group (01338) announced on August 18 that it expects to achieve operating profit of approximately 10–20 million RMB in the first half of 2026, a turnaround from an operating loss of about 23 million RMB in the same period of 2025. The improved profitability was primarily driven by lower packaging material costs, power generation savings from rooftop solar panels at production facilities, and reduced rental expenses for operating premises.

According to GMGN data, Niulai, a Meme token on the Binance Smart Chain, rebounded to a market cap of $39.11 million on August 18. The token briefly surged above $40 million earlier today and topped $49 million yesterday before pulling back.

According to Bitget, spot silver declined 1.00% intraday on August 18, trading at $65.12 per ounce.

According to Zhitong Finance APP, China Building Interests (00830) released interim results for the six months ended June 30, 2026, showing revenue of HK$3.054 billion, down 8.51% year-over-year. Profit attributable to shareholders fell to HK$133 million, declining 65.48% compared with the same period last year, with basic earnings per share at HK 5.91 cents. The company declared an interim dividend of HK 1.8 cents per share. The decline was attributed to cautious investment sentiment from devel

According to GMGN market data, the BNB ecosystem meme token Bull surged early on August 18, reaching a market cap near $43 million before pulling back. The token currently trades at $0.0384 with a market cap around $38.42 million, up approximately 30% in the past 6 hours.

According to data from South Korean securities authorities, South Korean retail investors shifted approximately $4.5 billion to US stocks in July, compared to a smaller amount in June, with net inflows approaching the January peak of roughly $5 billion. The majority of this capital flowed to semiconductor-related assets rather than diversifying sectors. SK Hynix ADR (SKHY-US) captured $840 million of the total inflows, making it the second-largest single destination for Korean investor capital i

According to Guru Club, Rakuten will raise prices on 18 products in Japan starting September 1.

According to Yonhap Infomax, South Korean government bond yields surged this morning (August 18), driven by weakness in U.S. Treasury markets over the holiday period. The 10-year benchmark rate climbed 11.0 basis points to 4.42%, while the 3-year rate rose 6.5bp to 3.86% and the 30-year rate jumped 12.0bp to 4.78%, marking fresh record highs. U.S. Treasury yields posted significant gains from August 14–17, with the 10-year rising 7.9bp and the 30-year up 9.2bp. Domestic pressures intensified as

According to The New York Times, on August 17 (U.S. local time), President Trump directed reductions to joint U.S.-South Korea military exercises while signaling renewed dialogue with North Korea's Kim Jong Un amid prolonged conflict with Iran. The move reflects Trump's frustration over the Iran stalemate and follows his recent statement that Kim responded to his overture for talks. American foreign policy experts criticized the approach on August 17, with analysts from George Washington Univers

According to ShapeShift founder Erik Voorhees, Venice, an AI project on Base, has reached annualized revenue of $100 million, the executive announced via social media.

According to Foresight News, Galaxy research head Alex Thorn voiced support for BIP-54's core proposals in a post today. BIP-54 packages four long-standing consensus weaknesses in the Bitcoin protocol into narrow, strict fixes without introducing new script capabilities or addressing covenant surfaces, Thorn noted. He flagged a small but non-zero confiscation risk from sigop limits on pre-signed timelocked spending. However, he expressed caution regarding the proposal's activation approach and t

According to the UK Maritime Trade Operations office on August 18, a vessel transiting the Strait of Hormuz was struck by an unidentified projectile, causing engine room damage. One crew member was injured and reportedly deceased. The remaining crew members have been rescued by the Omani Coast Guard.

According to Jin10, China's Commerce Ministry will hold a press conference on August 20 at 3 p.m. A spokesman will introduce recent work priorities in the commerce sector and take questions from journalists.

Spot gold dropped below $4,390 per ounce intraday, declining 0.60% during today's session.

According to ChainCatcher, Ondo Stocks completed a $2.33 million QQQon purchase in a single transaction on Ethereum. The trade, announced by Ondo on X, represents a seven-figure execution of the tokenized Nasdaq-100 index fund, demonstrating large-scale on-chain settlement capacity on the Ondo Stocks platform.

According to Goldman Sachs economist Jan Hatzius on August 17, U.S. consumer spending growth is expected to slow to 1–1.5% in the second half of 2026, down from 3.2% in the second quarter, as temporary tax refund boosts fade and real cash flows weaken in the latter half of the year. In Q2, discretionary consumer stocks in the S&P 500 saw revenue growth of 5.9% year-over-year, while consumer staples stocks grew 3.9%, supported by higher-than-expected tax refunds. Hatzius noted that July retail sa

According to Zhitong Finance, on August 18, the Hong Kong stock market's Hang Seng Index fell 0.65%, or 165 points, to 25,287 points, while the Hang Seng Tech Index declined 1.99%. Morning trading volume reached 136.5 billion Hong Kong dollars. Pork-related stocks led gainers amid recent price recovery. Dekon Agriculture (02419) rose 5.38%, Zhongliangjiajia Kang (01610) gained 4%, and Muyuan Shares (02714) climbed 4.74%. Dairy sector stocks also reversed upward, with Modern Dairy (01117) up 7% a

According to BlockBeats, on August 18, UBS cut Marvell Technology (MRVL.O) target price from $340 to $300 while maintaining a Buy rating.