Gate Crypto Flash News and Market Updates

According to Commercial Times, Winbond Electronics accelerated expansion at its Lujhu fab in Kaohsiung, consolidating original phases two and three into Module B development with groundbreaking planned for 2027 and production ramp starting early 2029. The company has already received customer inquiries for 2029 and 2030 capacity. In the second quarter, Winbond reported consolidated revenues of 598.43 billion Taiwan dollars, up 56.4% quarter-over-quarter and 184.7% year-over-year, with gross marg

According to Jin10 Futures, spot platinum fell 0.12% while spot palladium rose 0.23% in the early session as of 8:30 AM Beijing time on August 20.

According to the Financial Investment Association, South Korea's 30-year and 50-year government bond yields reached record highs of 4.751% and 4.661%, respectively, on August 18, driven by domestic fiscal expansion and global long-term bond rate surges. Analysts noted that if next month's budget plan stays below 820 trillion won in total expenditure, government bond issuance could decrease by 8 to 18 trillion won compared to this year's 225 trillion won, potentially easing market supply concerns

According to Ripple CEO Brad Garlinghouse's post on X, he attended a White House meeting on August 20 with U.S. President Trump, SEC Chair Paul Atkins, and multiple crypto industry leaders. Garlinghouse noted that 67 million Americans now hold cryptocurrency, representing roughly one-quarter of the U.S. population, signaling that crypto is no longer a fringe sector.

According to Decrypt, Coinbase announced the integration of Hyperliquid on Base App, enabling perpetual futures trading with up to 50x leverage for eligible users. The integration provides access to over 290 perpetual contract markets, including BTC, ETH, tokenized stocks, and commodities. Coinbase Engineering Lead Chintan Turakhia noted that perpetual contracts account for approximately 75% of current crypto trading volume and represent the most-requested feature among Base App power users.

According to ARK Invest official trading disclosure, on August 19, the fund family rebalanced its ETF holdings, increasing positions in artificial intelligence and cloud computing while trimming exposure to gaming and genomics sectors. ARKK, ARKW, and ARKQ simultaneously increased holdings in Broadcom (AVGO), while ARKK and ARKW also added Cerebras Systems (CBRS) and Cloudflare (NET). ARKF expanded positions in Cloudflare and Securitize (SECZ). On the selling side, ARKW, ARKF, and ARKQ jointly r

According to Jin10, South Korea's KOSPI index (the nation's benchmark equity index) extended intraday gains to 4.00%, rising to 6732.17 points today.

According to on-chain analyst Youjin, an address went long 20,000 ETH at $1,936 yesterday evening with a notional value of $38.72 million. As ETH subsequently rallied to $2,300, the position generated a profit of $6.55 million.

According to Reuters, Amazon announced on Wednesday (August 19) that it will expand its Prime Air drone delivery service to cover approximately 500 U.S. regions by year-end, up from its current 11 operating locations. The company has secured FAA approval to operate drones across most of the U.S. and plans to expand into areas including Syracuse, New York and the Cleveland region, with a single distribution center serving multiple towns within a 7.5-mile radius.

According to Coinbase, users can now generate ALIGN deposit addresses on coinbase.com, the Coinbase App, and Coinbase Exchange. However, deposits will only be possible once the asset issuer unlocks transfers. Aligned previously unveiled airdrop details and opened airdrop verification, though the token generation event (TGE) date remains unconfirmed.

According to Odaily, BIP-110 supporters are discussing a hard fork to switch the minority chain's mining algorithm from SHA-256d to BLAKE2b after the proposal reached only 2.53% miner support. Following the consensus rules' implementation on August 8, the minority chain produced only two blocks before stalling, while the Bitcoin main chain continued operating. The shared transaction history between chains raises replay attack risks, where identical transactions could be executed on both chains i

According to Odaily, Hudson River Trading (HRT) reported record second-quarter trading revenue of $11.4 billion, up more than 3-fold year-over-year. Net profit reached $7.4 billion, with adjusted EBITDA at $8 billion, compared to $1.75 billion in the same period last year. HRT remained profitable during July's market turmoil while avoiding direct exposure to Situational Awareness.

According to Bloomberg, OpenAI began testing Private Safety Processing on August 19 with early customers using its advanced AI models. The system is designed to detect risky AI behavior across multiple interactions while keeping customer content inaccessible to OpenAI, enabling it to spot patterns that may not be visible in single prompt-response exchanges as AI agents take on multi-step tasks. Early testing participants include Microsoft and Databricks. OpenAI expects to roll out the system and

According to Odaily, Fisher Investments drove record inflows of $4 billion into BlackRock's exchange-traded fund investing in U.S. Treasury bonds with 20-year or longer maturities earlier this month, betting long-term bonds will gain as yields approach 20-year highs. Simultaneously, BlackRock's shorter-duration Treasury bond fund experienced comparable outflows, indicating capital rotation toward the longer end of the yield curve.

According to Yonhap Infomax on August 20, Meritz Securities and private equity firm Hosan Investment completed the acquisition of Chaewun Package, a cosmetics container solutions provider, through a 44 billion KRW project fund. The joint venture acquired 70% of the company's shares, with founders investing substantially as subordinated limited partners. This structure, where founders retain partial stakes as junior LPs, ensured smooth fund-raising while allowing senior LPs to receive priority di

According to the Korea Exchange, South Korea's benchmark equity indices rebounded on the morning of Aug 20 following the previous day's sharp decline. As of 09:09 KRX time, the KOSPI index rose 2.06% (up 133.28 points to 6,604.45), while the KOSDAQ advanced 2.52% (gaining 20.74 points).

According to cnyes, on August 19, Google expanded its custom AI chip partnership with Marvell, securing warrants to purchase nearly 59 million shares. Marvell surged 9.85% to close at $237.27 per share, while Google's longtime partner Broadcom fell 4.61% to $362.48.

According to Jin10 Futures, on August 20, ethylene glycol spot prices in East China rose to the 5800-5900 range as crude oil continued climbing, pushing production costs higher. Supply constraints from disrupted strait transit added to upward pressure, with market expectations favoring further gains throughout the day.

According to SEC Chair Paul Atkins, on August 20, at a White House meeting with President Trump, the agency identified passing the CLARITY Act as the top priority. The CLARITY Act aims to provide a clearer regulatory framework for digital assets.

According to CoinDesk, Bitcoin briefly touched US$70,000 on August 20 for the first time since June 2, up more than 7% over 24 hours. The surge was driven by traders responding to President Donald Trump's push for crypto market structure legislation. Trump told crypto and tech executives at a White House event that Congress should pass a "fair version" of the Digital Asset Market Clarity Act. Senate Banking Committee Chairman Tim Scott said the bill had a good chance of advancing in September, w