Gate Crypto Flash News and Market Updates

Fed official Barkin recently stated he does not believe the labor market is as strong as the data suggests, questioning the overall robustness of employment conditions despite recent economic indicators.

According to the company announcement, Deutsche Shang Chanchuang Investment Service (02270) reported mid-term losses of 9.5-14.2 million yuan for the six months ended June 30, 2026, swinging from a profit of 16.7 million yuan in the same period last year. Revenue increased to 2.43-2.58 billion yuan from 2.28 billion yuan year-over-year. The company attributed the loss primarily to strategic business transformation investments, losses from real estate joint ventures in early-stage development, an

According to OneMillionAI monitoring, DeepSeek Harness achieved 22,000 GitHub stars 1.5 hours after open-sourcing, establishing what appears to be the fastest growth milestone in GitHub history. By comparison, xAI's Grok-1 reached 20,000 stars in approximately 1.2 days, and DeepSeek-R1 took 5.7 days. Harness is DeepSeek's first Agent product.

According to BIT market data, the Nasdaq expanded gains to 1% on August 13 intraday, with storage stocks leading the rally. Western Digital surged 7.4%, followed by SK Hynix ADR and SanDisk, each up 5.2%, Micron Technology up 4.2%, and Seagate Technology up 3.6%.

According to the Korean Exchange, South Korea's combined stock market capitalization recovered to 6.11 quadrillion won on August 13, driven by gains across KOSPI and KOSDAQ. KOSPI's market cap reached 5.63 quadrillion won, while KOSDAQ and KONEX accounted for 479 trillion won and 3.5 trillion won, respectively.

According to Goldman Sachs analyst Robert Kaplan on August 13, the Federal Reserve's decision not to raise rates in July was "absolutely" correct, and policymakers should maintain flexibility before September given complex inflation dynamics. Kaplan emphasized the need to avoid rigid forward guidance, stating he would be willing to hold steady if seeing meaningful improvement while remaining open to reassessing through September.

According to Reuters from court filings, Britain's Financial Conduct Authority and HTX are in settlement talks over the regulator's claim that the exchange illegally promoted crypto services to UK consumers. London's High Court has paused proceedings until late August to allow both sides to reach a deal. The FCA and HTX exchanged emails in March, opened three months of negotiations, and extended talks by a further two months on June 25. The FCA initiated enforcement proceedings in October 2025,

According to the UK Chamber of Shipping, commercial traffic in the Strait of Hormuz remains at restricted levels as of today. The organization's assessment reflects ongoing constraints on maritime passage through the strategic waterway.

According to the UK P&I Club, Iran's Revolutionary Guards continue to harass and monitor commercial vessels in the region, though no confirmed attacks were recorded during the latest reporting period.

According to regional reports, the Seoul Southern District Court sentenced Delio CEO Jeong Sang-ho to 15 years on Aug. 13 for embezzling approximately 70 billion won, or $49.2 million, in customer cryptocurrency assets. The court also convicted him of submitting false documents when registering Delio as a virtual asset service provider. Judges found that an accounting firm report used for registration overstated Delio's coin holdings by about 47.6 billion won, or $34 million, and that Jeong obta

According to Italian authorities, a military factory near Rome exploded on August 13. No casualties have been reported so far.

According to Euler Labs' official announcement on August 13, EulerFinanceBot TAC Telegram mini-app will be permanently discontinued on August 27 due to network maintenance. The protocol urged users to withdraw any remaining balances before the shutdown date, warning that the application and all remaining funds will become inaccessible once the closure takes effect.

According to Ukrainian Armed Forces General Staff, Ukraine struck a major refinery early today (August 13) in Russia's southwestern Bashkortostan region, triggering a large fire. The facility, operated by Surgutneftegaz's Salavat Petroleum and Chemical Complex, is one of Russia's largest refining and petrochemical facilities with annual processing capacity of 10 million tons.

According to sources, Ukraine has proposed that both sides halt attacks on civilian targets in the Black Sea.

According to UAnalyze, on August 13, market sentiment toward AI investment is shifting from broad sector bets to selective stock picking. Cisco Systems reported fiscal Q4 adjusted EPS of $1.22, beating expectations of $1.17, with revenue of $17.3 billion exceeding the $16.8 billion forecast; AI infrastructure orders surged from $5.3 billion to $9.3 billion. However, the stock declined following the earnings release, as investors focused on gross margin compression from 68% to 66%, raising concer

According to ChainCatcher, Binance spot market data shows significant volatility today. NIL surged 7.78% in 24 hours, rebounding off its lows. ATOM, WLD, and MVLLB also reached new daily highs with gains of 5.82%, 5.06%, and 6.3% respectively.

Spot gold fell below $4,360 per ounce today, declining 1.12% during the session.

U.S. natural gas futures fell 3.0% today, driven by the Energy Information Administration's report showing inventory gains exceeded market forecasts.

According to ChainCatcher, BitMart co-founder Terence Lee announced on August 13 that he stepped down from all company affairs on July 31, 2026, and will not participate in any operational, management, or asset-related matters of the company or its affiliates. Lee stated he has no authority to handle platform assets or user funds and cannot answer questions regarding platform operations or asset disposition.

According to Jin10, China's bank wealth management market reached a new record of 35 trillion yuan in July. The 14 largest wealth management firms—comprising six state-owned bank units and eight joint-stock bank wealth divisions, representing roughly 80% of market share—added 1.7 trillion yuan in assets over the first seven months of 2026, with their combined outstanding balances at 27.1 trillion yuan as of end-July. Industry data showed the broader market totaled 33.66 trillion yuan in outstand