Gate Crypto Flash News and Market Updates

According to MoneyToday, Mirae Asset Securities reported record Q2 net profit of 1.9052 trillion KRW, up 90% quarter-over-quarter, on August 12. Pretax profit reached 2.5287 trillion KRW, up 86%. However, 11 of 14 brokerages lowered target prices following the earnings release, citing exposure to SpaceX valuation volatility. The strong Q2 results were heavily driven by a 1.6242 trillion KRW mark-to-market gain on SpaceX holdings, accounting for 64% of pretax profit. SpaceX shares fell approximat

According to the U.S. Central Command, the commander concluded a 10-day visit to the Middle East on August 15, during which he visited six countries and inspected a U.S. Navy aircraft carrier operating in the Arabian Sea.

According to Korea Exchange and Union Infomacs, KOSPI surged 11.49% during the week of August 10-14, claiming the top spot for global index performance, while KOSDAQ rose 8.24% to second place. The shift follows a reversal in foreign investor flows, with overseas funds moving to net buying of 6.5741 trillion Korean won in KOSPI after selling pressure earlier in the month. KOSDAQ experienced net foreign selling for two consecutive weeks, with 618.7 billion Korean won of outflows in week two. The

According to reports, Anthropic's second quarter revenue exceeded $11.5 billion, representing at least 14-fold growth compared to $787 million in the prior year period and surpassing Q1's $4.73 billion. The company achieved adjusted operating profitability in the quarter, driven by increased adoption of its software for workflow automation including programming tasks. Annualized revenue has surpassed $47 billion as of May 2026.

Jane Street suffered losses of approximately $15 billion in July, according to disclosures to lenders. Despite the significant loss, the quantitative trading firm's year-to-date net trading income has exceeded $40 billion, surpassing its total earnings for 2025. To address the impact, Jane Street has reached an agreement with Pimco and other private investors to transfer approximately $11 billion in public debt to private markets.

According to announcements from Bank Leumi and Galaxy Digital, Israel's largest bank will launch cryptocurrency trading for retail customers starting early 2027, becoming the first Israeli bank to offer direct digital asset access through its banking infrastructure. The service will support Bitcoin, Ether and Solana, available to both Bank Leumi and its Pepper mobile banking customers. Galaxy Digital will power the trading platform through its GalaxyOne Institutional offering and provide custody

According to French cybersecurity outlet FrenchBreaches, the French tax authority DGFiP suffered a breach in June that exposed records of 678,437 people and businesses. The leaked database includes names, addresses, tax identifiers, income figures, withholding tax rates, family status, and contact details. Among the exposed records, 26,805 individuals have tax income of at least $116,000, while 386 exceed $1.16 million and eight surpass $11.6 million. A hacker is reportedly selling the dataset f

According to the Korea Exchange, as of August 11, South Korea's KOSPI net short holdings reached 19.006 trillion won, up 2.272 trillion won (14%) from end of July. KOSDAQ short holdings also jumped to 7.299 trillion won, a 32% month-end increase. This month, KOSPI and KOSDAQ indices have risen 6% and 20% respectively, with both maintaining five consecutive trading days of gains through August 14. Stock loan balances expanded beyond 14 trillion won, with LG Energy Solution holding the largest sho

According to SEC filings, Third Point LLC has exited its entire Nvidia position and reduced its Amazon shareholding by 9.8%, with remaining holdings at 1.8 million shares.

According to Jin10 Data, Ecuador's President Daniel Roy Hilkrist Noboa Acín arrived in Beijing on August 16 morning to begin an 8-day state visit to China. The visit marks Noboa's first official state visit to China since taking office.

According to Yonhap News, South Korea's government unveiled a housing supply initiative on August 13 targeting stability in rental and purchase markets, proposing 230,000-plus housing units for the Seoul metropolitan area. Securities analysts noted on August 16 that mid-sized construction companies are expected to benefit from the plan through accelerated land designation and shortened approval-to-construction timelines.

According to Qatar's foreign ministry, Qatari F-15s shot down two Iranian Su-24 fighter jets on March 2, 2026, after the aircraft entered Qatari airspace and ignored multiple radio contact attempts. The engagement marked the first air-to-air kill in the history of the Qatari air force. Qatar's defense forces determined the Iranian jets posed a direct threat to Doha and U.S. military assets stationed in the country, including Al-Udeid Air Base. On August 15, 2026, Iran publicly identified the thr

According to Iran International, two protesters Mohammad Rostami and Mehrdad Yaghoubi were identified on January 8 as having been shot and killed outside the Shahr-e Qods governor's office by government forces. The deaths occurred amid escalating anti-government protests that began in late December 2025, marked by widespread confrontations between security forces and demonstrators, mass arrests, and communication blackouts.

According to its 13F filing disclosed on August 14, Berkshire Hathaway increased its Alphabet stake by 83% during the second quarter of 2026, investing $17 billion to bring its total position to roughly 106 million shares worth $36.6B–$37.9B. About $10 billion of the new position came through a private placement tied to Alphabet's capital-raising initiative announced in early June, with the remaining $7 billion acquired on the open market. Alphabet is now Berkshire's third-largest equity holding

The United States and Canada are nearing a deal to avert 50% tariffs on Canadian products set to take effect on August 19, according to recent negotiations. Roughly $20 billion in annual Canadian exports would be affected, spanning dairy, motor vehicles, and alcoholic beverages. Prime Minister Mark Carney has signaled willingness to negotiate while keeping retaliatory options open, though Ottawa reportedly rejected the most recent U.S. proposal and indicated a preference to absorb the tariffs ra

US energy sector ETFs saw $4 billion in outflows over 65 days ending mid-August, marking the largest sustained outflow since mid-2025. This reversal follows a record $5 billion inflow in March 2026, driven by geopolitical tensions and supply concerns. By May, year-to-date inflows had already exceeded $12 billion, surpassing prior annual records. However, de-escalating geopolitical risks, a strengthening US dollar, and elevated interest rates prompted investor rotation away from energy. The two l

According to Chosun Biz, TS Investment, a South Korean venture capital firm, acquired shares in e-commerce platform Musinsa at approximately 20,000 won per share, valuing the company at over 4 trillion won on August 14. The valuation exceeds the 3 trillion won figure recognized during Musinsa's global fundraising round in 2023.

According to ETF Check, as of August 15, semiconductor-related ETFs have dominated South Korea's ETF returns since the beginning of 2026. Despite significant volatility in the domestic market and a sharp pullback in semiconductor stocks following earlier gains, semiconductor ETFs maintained strong year-to-date performance.

According to SEC filings released August 15, Edelman Financial Engines disclosed a $34 million bitcoin ETF stake in its Q2 2026 13F filing covering the quarter ended June 30, 2026. The position, split between BlackRock's iShares Bitcoin Trust (IBIT) and Grayscale Bitcoin Trust (GBTC), now exceeds the firm's $25 million Amazon holding. The $34 million allocation represents roughly 0.012% of Edelman's total portfolio. The move reflects a broader institutional trend; JPMorgan grew its IBIT stake to

According to Jin10, authorities in Indiana reported on August 15 that severe storms and floods sweeping the state this week have caused at least 5 deaths. Heavy rainfall over the past seven days has driven multiple rivers to record-high water levels, forcing residents to relocate to higher ground. More than a dozen counties have declared local disaster states, with the latest affected areas concentrated along waterways stretching from Hamilton County to the northern suburbs of Indianapolis.