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.
2026-08-14
08:42

Dunamu Reports 23.5 Billion Won Q2 Operating Profit, Down 73% from Q1

According to Dunamu's half-year report released August 14, the Upbit operator posted 173.5 billion won in Q2 revenue and 23.5 billion won in operating profit, down 26% and 73% respectively from Q1's 234.6 billion won revenue and 88 billion won operating profit. The decline was primarily driven by a sharp drop in trading fee revenue, which fell nearly 50% year-over-year.
08:41

SINC Wenge (01956) Expects H1 2026 Net Loss of RMB 87-89M, Narrowing 23-25% Year-over-Year

According to its announcement, SINC Wenge (01956) expects net loss of RMB 87-89 million for H1 2026, narrowing 23-25% year-over-year, with revenue of RMB 170-175 million, up 44-48% from RMB 118.29 million in the same period last year. The company also forecasts that Q2 2026 will achieve adjusted net profit of RMB 1.4-3.4 million, marking the return to profitability on a quarterly basis after Q1 losses, driven by improved platform margins, operating leverage effects, and optimized cost structures
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08:41

China's July New Loan Rates Hold Below 3% for Enterprises, Down 0.2% YoY

According to the People's Bank of China, released on August 14, July lending rates in China remained at low levels, continuing a downward trend seen earlier this year. The weighted average rate for newly issued enterprise loans in July stood slightly below 3%, down approximately 0.2 percentage points compared to July last year. The weighted average rate for new personal housing loans reached about 3.1%, remaining essentially flat year-over-year.
08:39

China's Central Bank Reports RMB Cross-Border Settlement Hits 1.75 Trillion Yuan in July

According to China's central bank, reported by Jin10 on August 14, cross-border RMB settlement under current account items reached 1.75 trillion yuan in July, with goods trade accounting for 1.32 trillion yuan and services trade for 0.43 trillion yuan. Direct investment cross-border RMB settlement totaled 0.63 trillion yuan, comprising 0.22 trillion yuan in outbound direct investment and 0.41 trillion yuan in foreign direct investment.
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08:38

SpaceX to Exclusively Use Nvidia's Vera Rubin for AI Infrastructure on Earth and in Orbit

According to Elon Musk's statement on SpaceX's August 4 earnings call, the space company will exclusively use Nvidia's Vera Rubin architecture for AI infrastructure both on Earth and in orbit. Musk emphasized the decision stems from believing Vera Rubin is "the best AI computer" and highlighted SpaceX's close partnership with Nvidia across multiple levels. SpaceX plans to expand computing capacity to over 2 gigawatts by the end of 2026 and approaching 10 gigawatts in 2027. The company is also co
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08:37

SK Hynix Surpasses 3.46M Shareholders, Up 5x Year-over-Year

According to SK Hynix's semi-annual report filed on August 14, the company's small shareholder count reached 3.46 million as of June end 2026, surging over 5x from 0.68 million a year earlier. Small shareholders now hold 67.98% of total outstanding shares. The surge reflects heightened retail investor interest driven by stock market momentum, semiconductor sector strength, and the company's rising share price throughout 2026.
08:37

Bitcoin Bought in 2025 Remains Underwater, Cohort Down to 4.77M BTC

According to on-chain analyst Murphy cited by ChainCatcher, Bitcoin purchased in 2025 remains underwater to date, with the cohort declining to approximately 4.77 million BTC, down 41.5% from its December 2024 peak. The decline exhibited two phases: sharp drops through February, followed by a gradual slowdown in the pace of portfolio reduction. Murphy noted that this 2025 cohort currently represents the largest supply group in the market. Historical comparison shows that older profitable Bitcoin
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BTC1.06%
08:37

South Korea's S7 Stocks Hit Record Earnings Forecast While Broker Price Targets Sharply Diverge

South Korea's key seven benchmark stocks, known as S7, are reaching record-high medium to long-term earnings forecasts while broker target prices remain sharply divided on the outlook. The divergence reflects competing views between optimism that S7 could open upside potential for the Kospi, similar to the U.S. Magnificent 7, and concerns over near-term business headwinds and governance uncertainties. Analysts warn the conflicting signals could amplify market concentration risk and heighten stoc
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08:36

LONG Investment Group Issues H1 2026 Profit Warning, Expects HKD 50-60M Loss vs HKD 1.8M Profit Year Earlier

According to its official announcement, LONG Investment Group (02312) on August 14 issued a profit warning, expecting a loss attributable to shareholders of approximately HKD 50-60 million for the six months ended June 30, 2026, compared with a profit of approximately HKD 1.8 million for the same period last year. The expected loss was primarily driven by net fair value losses on financial assets measured at fair value through profit or loss (reflecting market price changes in listed equity secu
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08:35

China's Social Financing Stock Grows 7.4% YoY to 463.27 Trillion Yuan as of July 2026

According to Jin10 citing PBOC data, China's social financing stock reached 463.27 trillion yuan at the end of July 2026, up 7.4% year-over-year. Among the components, RMB loans extended to the real economy totaled 278.57 trillion yuan, growing 5.2% YoY, while government bonds outstanding increased to 102.68 trillion yuan, up 14.1% YoY.
08:34

China's Interbank Borrowing Rate Falls to 1.4% in July, Down 0.01 Percentage Points

According to Jin10, citing central bank data, China's interbank borrowing weighted average rate in July was 1.4%, down 0.01 percentage points month-over-month and 0.05 percentage points year-over-year. The secured repo weighted average rate stood at 1.42%, also declining 0.01 percentage points from June and 0.04 percentage points from the same period last year.