Gate Crypto Flash News and Market Updates

According to Bloomberg, Nvidia filed paperwork Thursday to establish the Nvidia Corporation Employees Federal Political Action Committee, an employee-funded PAC allowing eligible staff to contribute up to $5,000 annually to support candidates from both parties. The chipmaker spent more than $2.5 million on federal lobbying this year as the Trump administration and Congress move to define AI regulations that could affect Nvidia's AI chip business.

According to BlockBeats citing BIT data, optical module and storage stocks fell sharply in U.S. pre-market trading on August 28. Marvell Technology (MRVL) led declines with an 8.02% drop to $222.09, while Applied Optoelectronics (AAOI) fell 3.12% to $109.75. Other notable decliners included Lumentum (LITE) down 2.90% to $928.45, Coherent (COHR) down 2.84% to $287.00, SanDisk (SNDK) down 2.94% to $1441.27, and Western Digital (WDC) down 2.27% to $451.50.

According to the Wall Street Journal, Sheikh Tahnoon bin Zayed Al Nahyan's group secured a 49% stake in WLTC Holdings, the entity behind World Liberty Financial's proposed US trust bank, while a Trump family-affiliated entity holds 38%. The Office of the Comptroller of the Currency granted preliminary conditional approval on Aug. 14. The trust bank cannot commence operations until it satisfies the OCC's pre-opening requirements and receives final approval.

According to Guru Club, on August 28, Valterra Platinum approached South African mining company Northam regarding a potential merger, according to sources familiar with the matter. If the transaction is completed, the combined entity would become the world's largest precious metals supplier.

Sportradar Group AG (NASDAQ: SRAD) has expanded its partnership with Polymarket to encompass more than 20 sports leagues and competitions globally. The deal brings approximately 300,000 matches per year, along with premium data, live streaming rights, and integrity services to the blockchain-based prediction market. The expansion adds coverage including exclusive streaming rights for Germany's Bundesliga and Euroleague Basketball, as well as official data feeds for Tennis Grand Slams and the Chi

Anthropic announced on August 27 that it is releasing 10,000 Claude subscription seats specifically for scientists, with standard access available at no cost or premium seats at $15 per month for one year. To qualify, users must be principal investigators at accredited institutions working in natural sciences, math, computer science, or engineering. The company is also expanding its AI for Science grant program, which now provides up to $50,000 in compute credits for qualifying research projects

Bain Capital's Tech Opportunities team recently invested $66 million in RQD Clearing as part of a $74 million funding round, alongside investments from Nyca Partners and ABN AMRO's clearing bank. RQD has cleared about 65 million options contracts this year, representing roughly 0.6% of total U.S. options flow, as the options market grows 25% year-over-year.

According to stockanalysis.com, Snowflake (NYSE: SNOW) closed at $329.11 on 27 August 2026, up 4.36% on the day. The stock is up 50% year-to-date from its 31 December 2025 close of $219.36. Product revenue in Q1 FY27 rose 34% year-over-year to $1.33 billion, with net revenue retention of 126%, according to the company's 27 May 8-K filing. CEO Sridhar Ramaswamy received a performance award on 15 July 2026 with 1 million PSUs vesting at 90-day average prices of $324, $375, $427, $479 and $531. Fin

According to Foresight News, Polish Prime Minister Donald Tusk recently revealed that President Karol Nawrocki and the opposition party Law and Justice (PiS) are obstructing cryptocurrency legislation. Tusk pointed to evidence that funds from Zondacrypto exchange and affiliated entities were converted into a €40,000 Patek Philippe watch, media outlets, campaign activities, and right-wing political foundations. The revelation comes after the arrest of Polish Olympic Committee chairman Radosław Pi

According to Foresight News, Bybit has launched NIULAI (NIULAI) USDT perpetual contracts, now available for trading with a maximum leverage of 20x.

According to an announcement, Mitrade became the World Snooker Tour's official trading partner for the 2026/27 season on August 31, with sponsorship activation beginning at the British Open in Cheltenham. The CFD provider will have exposure across the tour's European events. Group-wide lots traded rose 148.4% during the first seven months of 2026 compared with the same period in 2025, with active trading clients increasing by more than 50%. The European entity, MiTrade EU Limited, carries a disc

According to earnings released after Thursday's close on August 28, Marvell Technology posted record second-quarter revenue of $2.739 billion, up 37% year-over-year, with data center revenue climbing 46% to $2.171 billion and non-GAAP EPS at $0.94, slightly above consensus expectations. The stock fell more than 7% in extended trading, closing near $220 overnight, despite the strong results and raised guidance for fiscal 2027 and 2028. Investors focused on timing rather than headline earnings, as

Foreign investors sold 25,000 three-year and 16,000 ten-year Korean government bond futures overnight, marking the largest net selling in five and eleven months respectively, according to market data. The sales pushed bond yields higher as Middle East tensions and Federal Reserve officials' inflation concerns weighed on sentiment. U.S. Treasury yields also declined overnight, while the government reduced September issuance volume by 30 billion won for longer-dated bonds.

Strive Inc. (ASST) shares gained 7.5% on Thursday (Aug 28) after the company purchased 1,110 BTC at an average price of $73,409 between August 17 and 21, bringing its total holdings to 21,356 BTC worth approximately $81.5 million, according to a regulatory filing. However, Parker Lewis, Head of Business Development at Zaprite and prominent Bitcoin commentator, criticized the stock on X, stating that Strive's hurdle rate is "literally the equivalent of holding bitcoin" and warning shareholders th

According to Bitget, on Aug 28, Hong Kong's Hang Seng Index rose 0.07% at close, while the Hang Seng Tech Index fell 0.33%. Precious metals stocks outperformed, with China Silver Group (00815.HK) and Zhuofeng Gold (01815.HK) both gaining over 7%. Tech stocks declined, with Zhipu down over 6% and MINIMAX-W down over 4%.

The Shanghai Futures Exchange released an amended version of its Market Maker Management Rules on August 28, which takes effect on September 11, 2026. The amended rules were approved by the exchange's board of directors and reported to the China Securities Regulatory Commission before publication.

According to Yonhapinfomax, Samyang Packaging completed a 600 billion won corporate bond issuance on August 28, receiving 900 billion won in total subscription orders, representing 1.5 times the offering amount. The two-year maturity bonds priced at a spread of 12 basis points above the individual survey-based yield, higher than the company's initially proposed spread range of plus or minus 30 basis points. The South Korean packaging company plans to use the full proceeds for debt repayment, ref

According to LatePost, general-purpose robotics company Sharpa completed over 4.5 billion yuan in funding on August 28, with post-investment valuation reaching 22 billion yuan. Investors include Alibaba, Meituan, Tencent, JD.com, and venture capital firms such as Sequoia China, Qiming Venture Partners, and Meituan Dragon Pearl. Sharpa, founded in late 2024 by Hesai CEO Li Yifan and co-founders, develops general-purpose robots and components focused on dexterous manipulation.

As of August 27, MSCI Global Gold Miners Index surged 43% in August, marking its largest monthly gain on record. The performance dwarfed semiconductor stocks; MSCI Global Semiconductor Index and Philadelphia Semiconductor Index rose 27% and 38% respectively in their best month this year, both now trailing the gold miners. The rally was triggered by U.S. Treasury's announcement to expand bond repurchase programs to lower borrowing costs, reigniting concerns about currency depreciation. Gold price

According to U.S. Central Command, the U.S. Army's Southern Border Combined Task Force destroyed 3 hostile drones using an Army Tactical Laser System (ATLS) during operations along the U.S.-Mexico border on Aug. 25-26. The drones, operated by drug trafficking organizations, posed a physical threat to U.S. military and Customs and Border Protection personnel.