Gate Crypto Flash News and Market Updates

According to Hunan Gold's H1 2026 report disclosed on August 20, the company achieved net profit of 957 million yuan, up 46.01% year-over-year. Revenue reached 32.029 billion yuan, up 12.63% YoY. The company announced no cash dividend distribution, no bonus shares, and no capital reserve capitalization for the period.

According to Lookonchain, on August 20, whale 0x4cee sold 5,250 ETH worth $11.76 million for a profit of $1.76 million, while whale bc1qqt sold 550 BTC worth $39.43 million for a profit of $4.5 million.

Alibaba released its Q2 2026 financial results on August 20. China's e-commerce customer management revenue (CMR) grew 1% year-over-year, while instant retail revenue surged 45% with loss-narrowing progress exceeding market expectations.

According to China Earthquake Networks Center, a 4.8-magnitude earthquake struck Haixi Prefecture, Qinghai Province on August 20 at 5:49 PM, with a depth of 10 km. The epicenter was located at 37.74°N, 95.57°E.

The Kremlin said on August 20 that it has no information about a potential visit by U.S. special envoys Jared Kushner and Keith Wittcoff.

According to Yonhapinfomax, on August 20, Korean government bond yields displayed mixed movements as the U.S. Treasury Department expanded its monthly buyback limit for bonds with 10-30 year maturities to more than double, triggering a rally in longer-dated securities. The 3-year yield rose 1.3 basis points to 3.811%, while the 10-year fell 1.4bp to 4.323% and the 30-year declined 4.6bp to 4.675%. Bond dealers attributed the flattening pattern—with short-term rates climbing and long-term rates f

According to Yonhap Infomax, South Korea's 1-year interest rate swap (IRS) rose 2.25 basis points to 3.46% on August 20. The 2-year and 3-year IRS increased 3.25 basis points and 2.50 basis points respectively, while the 10-year IRS fell 1.00 basis point to 4.095%. The CRS (SOFR) rates climbed across all tenors, with the 1-year segment rising 0.50 basis points to 3.27%, the 5-year up 1.00 basis point to 3.605%, and the 10-year up 1.50 basis points to 3.55%.

Bitget rolled out MT5-Linked CFD Sub-Accounts on August 20, enabling professional traders to execute multiple strategies across up to five separate accounts linked to a single main account. Each sub-account carries its own MT5 identification number while inheriting KYC verification and risk-control settings from the primary account, eliminating the need for repeated identity checks. Account holders can manage all linked sub-accounts from a centralized dashboard, with real-time visibility of equi

According to Edaily on August 20, institutional investors found that alternative assets including private equity, private credit, real estate, and infrastructure funds are increasingly concentrated in AI-related investments, undermining the traditional diversification benefits of alternative allocations. Private equity funds, private credit providers, data center real estate, and infrastructure investors are simultaneously pursuing AI projects. This overlapping thematic exposure means that if AI

According to Maeil Business, South Korea's KOSPI composite index fell approximately 6% on August 19, reversing a five-day rally that had lifted the index over 30% from its three-month low of 5,262.77. The decline was driven by rising U.S. long-term bond yields, which climbed to 5.3% on August 18, marking an 18-year high. Japan's 10-year government bond yield also hit 2.945% on August 18, reaching its highest level in roughly 30 years. Analysts expect heightened volatility ahead as semiconductor

According to BlockBeats, KuCoin announced today (August 20) that its artificial intelligence management system (AIMS) has received ISO/IEC 42001:2023 international certification. The certification, the world's first international standard for AI management systems, establishes a recognized framework for enterprises to build, implement, maintain, and continuously improve AI governance. KuCoin's certification covers its AI management system and related support functions, strengthening the platform

According to Alibaba's announcement for the quarter ended June 30, 2026, the company's free cash flow (a non-GAAP liquidity metric) totaled a net outflow of 44.67 billion yuan ($6.584 billion), compared to 18.815 billion yuan outflow in the same period last year. The deterioration was primarily driven by increased cloud infrastructure spending. Operating cash flow from activities rose 11% year-over-year to 22.945 billion yuan ($3.382 billion). The company held 474.505 billion yuan ($69.933 billi

According to The Wall Street Journal, a U.S. bankruptcy court delayed approval of Google's $10 million acquisition of Spirit Airlines data on August 20, following objections from unions representing thousands of former Spirit Airlines flight attendants. The unions cited concerns that employee confidential information could be used to train artificial intelligence models without adequate privacy protections, and called for the deal agreement to exclude all flight attendant data or provide consume

The UK CBI Industrial Price Expectations index came in at 22 in August, surpassing the forecast of 14 and the prior reading of 11, indicating increased expectations for industrial price growth.

According to Alibaba's FY2027 Q1 earnings report, Alibaba Cloud achieved external commercial revenue growth of 45% this quarter, marking its highest growth rate in 22 consecutive quarters. The AI Cloud and Computing division's EBITA profit surged 133% year-over-year, with adjusted EBITA profit margin rising to 12%. AI-related products generated quarterly revenue of 12.376 billion yuan, marking the 12th consecutive quarter of three-digit year-over-year growth.

According to the Confederation of British Industry (CBI), UK industrial orders rose to -25 in August, beating expectations of -40 and improving from the previous reading of -45.

According to MSX.COM data, AI-related stocks displayed mixed movements in U.S. pre-market trading on August 20. AVGO rose 1.01%, MU gained 0.89%, and AMD increased 0.29%, while GOOGL fell 0.36% and MRVL dropped 0.54%.

According to ChainCatcher, citing 读佳, Alibaba's DingTalk has launched QwenNote, an AI office application designed as an AI assistant that combines real-time speech-to-text, summarization, and translation capabilities. The app integrates AI Agent functionality into voice input and supports real-time transcription with bilingual recognition. QwenNote can generate structured meeting notes, outlines, and to-do lists. The platform has unveiled QwenNote A2 hardware as part of its listening and note-ta

According to France's Meteorological Agency, the heatwave beginning in late July has become one of the longest on record, matching the duration of the 1983 heatwave.

According to Alibaba's Q1 FY2027 earnings disclosure, the company's capital expenditure reached 67.678 billion yuan (9.975 billion USD) in the three months ended June 30, 2026. The significant year-over-year growth in capex was driven by multiple factors, including procurement cycle fluctuations, increased CPU computing power demand from expected customer adoption of AI agents, and rising prices for various chip components.