Gate Crypto Flash News and Market Updates

According to Financial Times, JPMorgan Chase ended its banking relationship with Polymarket in October 2025 over regulatory concerns. The bank notified the prediction market platform that it needed to find a new lender, people familiar with the matter told Financial Times. Polymarket has since established a banking relationship with another unnamed lender. JPMorgan has maintained other ties with Polymarket and is reportedly interested in a potential underwriting role should Polymarket pursue a p

At Baidu AI Day, the company officially announced that GenFlow, Baidu's general-purpose AI agent integrated with Baidu Docs and NetDisk, will be rebranded as 'KuKu AI' and launched as a standalone office application. According to Baidu, as of April 2026, GenFlow reached 100 million monthly active users, with enterprise AI office users surging to over 25 million, placing it first in the general-purpose AI office category.

According to Jin10, on August 14, the People's Bank of China and State Administration of Foreign Exchange announced the nationwide promotion of cross-border fund pooling business for multinational enterprises in local and foreign currencies. Multinational enterprises participating in this fund pooling business must meet specific criteria: either the combined international payments of all domestic member enterprises in the previous year reached at least 700 million yuan equivalent, or combined do

According to a company announcement, Agile Group's contracted sales in the first seven months of 2026 reached approximately 3.773 billion yuan (CNY), down 58.3% year-on-year. Property sales accounted for 3.261 billion yuan, while renovation services contributed 512 million yuan. Property contracted sales area totaled approximately 1.873 million square meters at an average price of 17,410 yuan per square meter. In July alone, the group's total contracted sales reached 347 million yuan.

According to Axios, Andy Beck, the White House Deputy National Security Advisor, will leave his government position in the coming weeks.

Rong Yang Industrial (02078) issued a profit warning on August 14, predicting a net loss of HK$54.2 million for the six months ended June 30, 2026, compared to a loss of HK$26.4 million in the same period last year. Revenue declined sharply to HK$138 million from HK$243 million, while gross profit fell to HK$5.1 million from HK$28.7 million. The company attributed the deterioration to reduced orders from its largest solar panel customer and headwinds from geopolitical tensions and changing trade

According to News1, South Korean retail investors using domestic return investment accounts (RIA) incurred significant losses in July amid a sharp market decline. Of the 2 trillion won deposited into RIA accounts during the period, 1.13 trillion won was concentrated in Samsung Electronics and SK Hynix, amplifying losses. Data obtained by lawmakers' offices from the Financial Investment Association on August 14 confirmed the concentration of overseas asset investments in these two stocks.

According to Lookonchain data, a whale (0x117...baeb) opened a 4x long position on 7.2 million ASTER worth $4.33 million on Aster DEX recently. The same whale simultaneously staked 4.02 million ASTER, valued at $2.42 million, for a 4-year period.

According to Bank of America citing EPFR Global data, in the week ending August 12, all major asset classes recorded net inflows, with money market funds attracting $25.4 billion and bond funds drawing in $23.8 billion. Stock funds saw inflows of $16.1 billion, while gold funds attracted $6.3 billion. Cryptocurrency funds received $300 million in inflows during the week.

According to RootData, GWEI (ETHGAS) will unlock approximately 237.92 million tokens worth about $6.17 million on August 21 at 00:00 UTC+8.

According to China's State Administration of Foreign Exchange, the country posted a current account surplus of 13.337 billion yuan in Q2 2026. Goods trade accounted for a surplus of 19.065 billion yuan, while services trade recorded a deficit of 3.584 billion yuan. Primary income showed a deficit of 2.572 billion yuan, and secondary income registered a surplus of 428 billion yuan. The capital and financial account (including net errors and omissions for the quarter) posted a deficit of 13.337 bi

According to China's State Administration of Foreign Exchange, the country's current account surplus reached 261.74 billion yuan in the first half of 2026. Goods trade contributed a surplus of 362.84 billion yuan, while services trade posted a deficit of 77.2 billion yuan. The capital and financial account recorded a deficit of 264.39 billion yuan during the same period.

According to Eurostat, the eurozone's seasonally adjusted trade balance swung to a surplus of €1.8 billion in June, reversing a deficit of €5 billion in the prior month.

According to Robinhood's July operating data released on August 12, cryptocurrency notional trading volumes fell to $10.9 billion, down 62% year-over-year. Despite the sharp decline, HOOD stock rose 4.9% the following session to $99.37, briefly crossing $100 intraday. The resilience reflects Robinhood's growing diversification. Equity trading volumes surged 59% year-over-year to $333 billion, options contracts hit a record 324 million (up 66%), and prediction-market event contracts traded 6.1 bi

According to China's State Administration of Foreign Exchange, in the second quarter of 2026, China posted a current account surplus of 13.337 trillion yuan. Goods trade generated a surplus of 19.065 trillion yuan, while services trade recorded a deficit of 3.584 trillion yuan. The data showed that foreign direct investment into China maintained net inflows during the quarter.

According to regulatory filings (DART), Hyundai Motor Group Chairman Jung Eui-sun received 4.5 billion Korean won in compensation in the first half of 2026. The amount was distributed across three subsidiaries: 2.25 billion won from Hyundai Motor, 1.35 billion won from Kia, and 900 million won from Hyundai Mobis. CEO Jose Munoz drew 2.456 billion Korean won in H1 compensation.

According to Eugene Investment & Securities' H1 2026 interim report filed on August 14, the South Korean brokerage posted net profit of 67.5 billion KRW in the second quarter, up 101% year-over-year from 33.5 billion KRW in Q2 2025. Operating profit for the quarter reached 87.5 billion KRW, also doubling from the prior year. For the first half of 2026, operating profit surged 210% to 154.1 billion KRW, with net profit rising 203% to 120.2 billion KRW.

According to Foresight News, Bybit launched a limited-time trading contest on August 13 running through September 12, offering a total prize pool of $100,000 USDT. Users who complete trading tasks using the TradFi Grid or TradFi Copy trading robots can participate in individual and team leaderboard competitions. The contest features three reward tiers: a $10,000 USDT draw for milestone achievements, a $30,000 USDT individual leaderboard contest for top 100 traders, and a $60,000 USDT team leader

According to Politico, citing three sources, the White House is set to hold a meeting with cryptocurrency and prediction market industry executives on August 19. The meeting details remain unconfirmed, and the specific attendee list is unclear, with uncertainty as to whether Trump will attend. The gathering will take place a day before the newly established CFTC Innovation Advisory Committee holds its meeting, which comprises executives from leading crypto, betting, financial, and prediction mar

According to the company announcement, Maruzen Tour (06882) expects net profit attributable to shareholders of approximately 29 million HKD for the first half of 2026, up 383% compared to 6 million HKD in the same period of 2025. The company attributed the significant increase to recovering consumer confidence in Japanese travel following clarification of unfounded earthquake rumors that had impacted 2025 first-half results, combined with sustained weakness in the Japanese yen boosting demand fo