Gate Crypto Flash News and Market Updates

According to Polygon, Polygon Labs has joined the Bank of England's Digital Pound Lab Phase 2 testing, alongside NOBO Finance and Dun & Bradstreet. The initiative will simulate cross-border settlement scenarios where exporters pay in stablecoins and importers settle in digital pounds, with Polygon's Open Money Stack supporting stablecoin settlement and the central bank managing digital pound settlement in its mock environment. The team will also test a portable credit identity solution for small

According to The Bitcoin Historian, a Taiwan lawmaker recently stated Taiwan has a 100% possibility of establishing Bitcoin as a strategic reserve. The lawmaker emphasized that Bitcoin differs from gold due to its digital transferability and verifiability, and noted that nations are increasingly adopting Bitcoin for national security reasons, with countries racing to move ahead of the United States.

According to Bitcoin.com, Switzerland's financial market regulator FINMA has established a tiered regulatory framework that continues to attract blockchain and crypto enterprises, with the total number of registered blockchain companies reaching 1,766 by end of 2025. FINMA's model offers differentiated pathways—from sandbox mechanisms and fintech licenses to full banking and securities authorization—allowing enterprises to choose based on their actual business needs. Self-regulatory organization

According to ZhiTong Finance, on August 12, Northbound trading posted net outflows of 2.906 billion HKD. Among these, Shanghai-Hong Kong Connect recorded net outflows of 1.882 billion HKD, while Shenzhen-Hong Kong Connect saw net outflows of 1.024 billion HKD. Alibaba-W experienced the largest net selloff at 1.46 billion HKD, followed by Kingboard Laminates at 979 million HKD and Hua Hong Semiconductor at 495 million HKD. Meanwhile, MINIMAX-W led net inflows with 709 million HKD, followed by Ten

According to enterprise data platform Qichacha, Beijing Moonshot AI Technology Co., Ltd. increased its registered capital on August 12. The capital rose from 1.52 million yuan to 2.24 million yuan following recent business registration changes.

According to Jin10, JPMorgan Chase raised Supermicro Computer's (SMCI) price target from $32 to $45, representing a 40% increase.

According to PANews on August 12, on-chain sleuth ZachXBT declined to assist in tracking funds from Harmony's recent security incident, citing insufficient compensation from the platform for past recovery efforts. ZachXBT referenced the 2022 Harmony cross-chain bridge hack, attributed to North Korean actors and resulting in approximately $100 million in losses, where recovery assistance was provided but Harmony offered only thanks rather than payment.

According to the Ukrainian Economic Security Commission, on Aug 12, Ukraine recommended the EU target sanctions at critical minerals Russia imports for military purposes. A report by the Kyiv-based think tank found that Russia imported over $1.1 billion worth of strategic minerals for military-related use within a year, including alumina, tantalum, and molybdenum, alongside beryllium, tungsten, manganese, niobium, rhenium, and titanium. These materials feed into Russia's defense industry supply

Japan's Prime Minister Takayaki Takaichi called for the United States and Iran to conduct negotiations in accordance with a memorandum of understanding and reach a final agreement on related issues, including nuclear matters. Takaichi also expressed Japan's strong hope that diplomatic efforts will lead to a swift de-escalation of tensions in the Middle East.

According to Jin10 Data, on August 12, Putin warned the EU that Russia would retaliate if the bloc seized Russian commercial vessels, calling such actions 'piracy' and 'robbery.' The warning follows the EU's approval of a mechanism allowing member states to sell oil and other commodities confiscated from sanctioned Russian ships. Since late 2024, European nations and Britain have seized multiple vessels linked to Russia or its shadow fleet. Putin stated Russia would respond in kind at locations

Aeon Real Estate (00271) announced interim net losses of HK$110-120 million for the six months ended June 30, 2026, compared to HK$63 million in losses for the same period last year. The enlarged loss was primarily attributed to a larger fair value decline in investment properties during the reporting period.

According to Guru Club, Musk announced today (August 12) that AI revenue at SpaceX will surpass all other business revenue in September, with AI expected to account for 99% of SpaceX's valuation within five years. SpaceX has built what Musk called the world's most powerful AI training cluster, and plans to scale compute capacity roughly tenfold by the end of 2027, targeting 10 gigawatts, with potential annual revenue of $300 billion to $500 billion.

According to an investigation by GroundUp published in late July 2026, the collapsed Morita Forestry investment scheme funneled at least R511 million ($13.2 million) through cryptocurrency wallets controlled by scammers. The scheme, run by a Chinese syndicate operating outside South Africa, employed local residents called "mentors" as money mules to convert investor funds into cryptocurrency and send them offshore. The mules received investor deposits into their personal bank accounts, purchased

According to PANews, Zilliqa announced on August 12 that its address checker has gone live as part of its Ledger incident response. The migration tool is entering audit phase, with the team set to announce its launch date upon completing audit assessments. Multiple exchanges have confirmed participation in the migration, targeting completion of the first batch by end of August. The team continues to collaborate with law enforcement and exchange partners to track stolen funds, with further detail

According to the SEC and CFTC, Goliath Ventures and founder Christopher Delgado face separate civil enforcement actions over an alleged $425 million crypto Ponzi scheme that operated from January 2023 to January 2026. The SEC said Goliath raised at least $425 million from 1,300 investors through unregistered securities offerings tied to purported crypto liquidity pools, promising 3–10% monthly returns. The CFTC separately alleges roughly $397 million was obtained from 1,600 customers solicited f

According to the Bank of Russia's draft directive published on August 11, retail investors in Russia can purchase only three digital assets—Bitcoin, Ethereum, and Tether's USDT—up to 300,000 rubles (about $3,630-$3,650) per year through any single broker. The whitelist requirement stems from Federal Law No. 282-FZ, which Putin signed on August 4, capping non-qualified investor purchases to ensure market stability and investor protection. The directive takes effect around September 1, 2026, after

According to CryptoQuant, Binance's Bitcoin reserves reached approximately 667,500 BTC on August 12, their highest level in six months. The balance has grown by roughly 51,500 BTC since April, when holdings stood near 616,000 BTC. A higher reserve indicates more coins are stored on the exchange and potentially available for sale, though the metric measures total wallet custody rather than actual sell orders or intent.

According to Zhitong Finance, Sunshine Oilsands (02012) posted a net loss attributable to shareholders of CAD 19.74 million in Q2 2026 (ended June 30), up 896.47% year-over-year from a loss of CAD 1.94 million in the same period last year. The group recorded a total loss of CAD 4.7 million for the quarter, swinging from profitability year-over-year. Basic loss per share was CAD 0.03.

According to Smart Finance, Duodian Intelligence (02586) reported interim results for the six months ended June 30, 2026. Revenue reached 11.55 billion yuan, up 7.05% year-over-year, while profit attributable to equity shareholders hit 109 million yuan, up 60.85%. Earnings per share stood at 0.12 yuan. The company attributed the profit growth primarily to the expansion of its AI retail core solutions business, which generated 647 million yuan in revenue, up 24% year-over-year. AI-related revenue

According to Financial News, on August 12, South Korea's high-dividend ETFs surged as the government's new productive finance ISA (Individual Savings Account) is expected to proceed as planned, offering tax-free treatment on both dividend income and ETF distribution earnings. Among major high-dividend ETFs, PLUS High Dividend Weekly Covered Call led with a 5.88% gain over the period of August 3–12, while ACE High Dividend Plus Covered Call and SOL Korea High Dividend rose 2.43% and 2.07% respect