Gate Crypto Flash News and Market Updates

Gate News message, USDC card top-ups increased 46% month-over-month to $218 million in July 2026, more than double USDT's $95 million and exceeding all other stablecoins combined. The data reflects USDC's stronger role in consumer payment products compared to USDT.

According to ChainCatcher, SpaceX and Cursor completed their merger on August 14.

According to its interim results announcement, ShorJet Technology (00103) reported revenue of HK$1.324 billion for the six months ended June 30, 2026, up 14.1% year-on-year, while net profit fell 66% to HK$10.128 million. Basic earnings per share stood at 1.95 Hong Kong cents.

According to ChainCatcher, Bank Leumi and Galaxy Digital announced a partnership to offer Bitcoin, Ethereum, and Solana trading services starting in 2027. The Israeli bank will become the country's first to provide digital assets trading to retail customers. Leumi will also integrate Galaxy's digital asset custody infrastructure platform to support the security framework for its digital services.

According to BlockBeats, Kimi issued a statement today (August 14) warning against fraudulent fundraising and criminal activity using the company's name. The AI company said it has reported the matter to police and will pursue legal accountability. Kimi clarified that no "friend funds," "special channels," "legacy share allocations," or "official agents or authorized intermediaries" exist, urging market participants to remain vigilant against such false claims and suspicious transactions.

According to a White House announcement on Thursday (August 13), the Trump administration imposed tariffs on imported drones and components, with rates reaching 100% for heavy-duty models exceeding 25 kilograms or with specific capabilities, and 25% for smaller units. Preferential rates of 15% apply to drones from the EU, Japan, Switzerland, and Taiwan if hardware and technology originate locally or in the U.S., while the UK receives a 10% rate. Most tariffs take effect within 21 days, with non-

According to ChainCatcher, venture capital fund Team8 announced the completion of a $365 million fundraise. The round consists of $265 million for Team8 Capital Fund III and over $100 million in follow-on investment capital for existing portfolio companies. The new fund will target seed and Series A stage AI-native startups across cybersecurity, AI infrastructure, and fintech sectors, with emphasis on infrastructure projects enabling enterprise AI deployment while ensuring security, governance,

Phoenix Tree (02008) released its interim financial results for the six months ended June 30, 2026, according to a filing disclosed via smart financial platforms. Total group revenue reached HK$1.086 billion, up 24.3% year-on-year. Net loss narrowed to HK$108 million, a 47.6% improvement compared to the same period last year, with basic loss per share at 21.56 Hong Kong cents.

According to Zhitong Finance, Magnum Group (03390) announced on August 14 that it expects pre-tax earnings of at least approximately HK$6 million for the first half of 2026, swinging from a pre-tax loss of approximately HK$7.4 million in the first half of 2025. The improvement was primarily driven by reduced administrative expenses and financial costs, as well as a gain of approximately HK$4.3 million from the disposal of a subsidiary in H1 2026.

According to an official announcement by Jianye Property (00832), the company achieved contract sales of RMB 4.222 billion in the first seven months of 2026, down 15.0% year-over-year, as of July 31. Sales reached RMB 467 million in July alone, down 10.4% year-over-year. The average selling price rose 6.3% to RMB 6,691 per square meter for the seven-month period, while July's average price increased 15.2% to RMB 7,405 per square meter.

According to its announcement on August 14, China Science Wenge Limited (01956) signed a partnership agreement with Guoke Xiziand Keqiao Jinkaifo establish a fund with a total capital commitment of RMB 300 million. The company will contribute RMB 177 million, representing 59% of total fund capital. The fund will focus on high-quality enterprises within the company's decision intelligence business ecosystem, including enterprise-level data infrastructure, industry models, AI agents, AI security,

According to Lido DAO, the protocol launched its NEST (Network Economic Support Tokenomics) mechanism to automatically bind protocol revenue to LDO token value through chain-based buybacks. The mechanism targets 1,000 LDO purchases daily against a revenue baseline of $40 million annually; when protocol income exceeds this threshold, 50% of surplus is allocated for LDO repurchases via CoW Swap, capped at $50,000 per day. In its initial phase, NEST operates in Treasury-only mode, where purchased L

South Korea's KOSPI index closed at 6,990 on August 14, marking its fifth consecutive day of gains with a 2% advance. The index touched 7,010 during intraday trading before retreating in afternoon sessions.

According to U.S. media reports, major U.S. oil companies including Chevron, ConocoPhillips, and Occidental Petroleum reduced capital spending in domestic shale basins by 10% to 20% in the first half of 2026, using high oil price windfall for shareholder returns and debt repayment rather than accelerating production growth. Financial reports show that Chevron and ConocoPhillips cut capital expenditures in the lower 48 U.S. states by 10%, while Occidental's Permian Basin spending declined 20%. AP

According to Teamway International Group (01239), the company expects attributable loss to shareholders for the first half ended June 30, 2026, to decline 35%-45% compared to H1 2025's RMB 21.1 million. The improvement is primarily driven by cost control measures reducing labor and transportation expenses.

According to ZT Finance, China Port Energy (00931) announced on August 14, 2026, that it has agreed to issue approximately 1.487 billion shares to Xinghuo Industrial Group (Hong Kong) Limited at 0.267 HK dollars per share, representing a 7.9% discount to the closing price of 0.29 HK dollars. The offering is expected to raise approximately 397 million HK dollars, with the proceeds to be used for the group's general operations and debt repayment. The new shares will represent approximately 15.42%

According to a foreign media report, a penetration testing team employed Chinese-developed artificial intelligence models to search for potential vulnerabilities in Bitcoin's underlying protocol on August 14. Bitcoin was trading at $63,487.29 as of yesterday's session. The effort highlights both the emerging application of AI in cybersecurity and new challenges facing the blockchain technology that underpins Bitcoin.

According to CNBC, Anthropic CFO Krishna Rao held early investor meetings yesterday (August 13) ahead of a potential initial public offering. The discussions were described as high-level and notably did not include talks about specific financials or valuation, according to sources who spoke with CNBC's David Faber.

According to Reuters, Silver Lake is in talks to acquire Workday Inc. (WDAY) on Thursday, with the private equity firm aiming to take the enterprise software company private. Needham analysts estimated a fair acquisition price of $240 to $250 per share, while other firms raised price targets following the news. Jefferies lifted its target to $205 from $140 and maintained a 'Hold' rating, citing multiple reasons for Silver Lake's interest in accelerating the company's artificial intelligence stra

Cryptocurrency exchange Gemini reported a 37% year-over-year increase in second-quarter revenue to $45.5 million Thursday (August 13), while posting a $107.7 million net loss as exchange trading weakened. Exchange revenue fell 38% to $12.5 million as trading volume dropped to $3.8 billion from $11.3 billion, while services revenue climbed 149% to $23.5 million, led by a 231% increase in credit card revenue to $16.2 million. The net loss was primarily driven by a $16.1 million provision for credi