Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
01:24

Anthropic Plans IPO Within Weeks, Q2 Revenue More Than Doubles

According to PANews, Anthropic plans to conduct an initial public offering within weeks. The artificial intelligence company's second-quarter revenue more than doubled compared to the first quarter, according to reports citing Cailian Press on August 19.
01:23

USD-KRW Exchange Rate Holds Near 1,410 Won as Daily Volatility Narrows to 7.7 Won

According to Yonhap Infomax, the USD-KRW exchange rate remained near 1,410 won on August 19, with daily volatility declining significantly. The average daily fluctuation from 9 a.m. to 3:30 p.m. narrowed to 7.7 won, down from 12.4 won in July and 8.4 won since August 6. Market dealers attributed the range-bound movement to balanced upside and downside factors, though potential breakouts remain dependent on variables including U.S. Federal Reserve policy, USD-JPY dynamics, and foreign investor eq
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01:23

U.S. 30-Year Treasury Yields Hit 5.33%, Highest in 19 Years, Pressuring AI Investment

According to CNBC, on August 18, U.S. 30-year Treasury yields surged above 5.33%, marking the highest level in 19 years. Japan's 10-year yields hit a 30-year high, while Germany and France's 30-year yields reached their highest levels since 2011 and 2008, respectively. The sharp rise in bond yields is fueling concerns on Wall Street that elevated borrowing costs could constrain AI infrastructure investment, a key driver of recent U.S. stock gains. Technology stocks declined sharply overnight: th
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01:23

Yangtze Memory's IPO Guidance Status Changes to Acceptance Stage

According to China Securities Regulatory Commission disclosure, Yangtze Memory Holdings Co., Ltd.'s IPO guidance status changed to 'guided review acceptance' today. China Citic Securities and China Citic Construction Investment serve as the sponsoring underwriters for the offering.
01:22

CMON Transfers 4.2 Million HK$ in Share Anomaly, 8.03% of Total Shareholding on August 18

According to Hong Kong Stock Exchange disclosures, on August 18, CMON (01792) saw a share transfer anomaly valued at HK$4.2018 million, representing 8.03% of shareholding changes. A company shareholder transferred 3.008 million shares into Tian Feng International Securities and Futures and moved 4.31 million shares out of Metaverse (International) Securities.
01:21

Kai Yi Holdings (01025) Reports Unusual Deposit of 42.5M Shares Worth HK$8.17M on Aug 18

According to Hong Kong Exchange filings, Kai Yi Holdings (01025) saw unusual deposit activity on Aug 18, with a total deposit value of HK$8.17 million, representing 10.63% of total shareholding. A shareholder deposited 42.5 million shares with Ricco Securities. The company previously reported annual results for the year ended March 31, 2026, with revenue of HK$98.04 million, up 53.2% year-over-year, and a net loss of HK$45.66 million, up 91.78% compared to the prior year.
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01:21

Century Group International Transfers 38M Shares, 6.35M HK$ Position Shift on Aug 18

According to Hong Kong Exchanges and Clearing disclosure, on Aug 18, Century Group International (02113) saw warehouse transfer activity totaling HK$6.35 million, representing 5.26% of the position. The company transferred in 33.71 million shares to Guilin Securities and transferred out 38 million shares from Emperor Securities Hong Kong. The company also announced a proposed 20-for-1 share consolidation. Upon consolidation completion, the company will have 40.2375 million consolidated shares fr
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01:19

LinqAlpha Launches AI Lab and Leaderboard Tracking Investment Biases Across Foundation Models

According to LinqAlpha, on August 18, the company launched LinqAlpha AI Lab, a research group focused on trustworthy AI for institutional investing. The company also introduced a public leaderboard that tracks investment biases across leading AI models. A peer-reviewed study presented at the ACM International Conference on AI in Finance found measurable, persistent investment biases across foundation models. The launch follows LinqAlpha's recent $22 million Series A funding round. The company is
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01:17

China's Interbank FX Market: USD/CNY at 6.7854, Down 51 Points on August 19

According to China's interbank foreign exchange market, the USD/CNY midpoint rate stood at 6.7854 on August 19, down 51 points, reflecting appreciation of the yuan. The EUR/CNY rate was 7.8328, down 50 points, while GBP/CNY fell 99 points to 9.1586. AUD/CNY declined 176 points to 4.7915, and CAD/CNY dropped 108 points to 4.8658.
01:16

Cursor Launches Origin Code Hosting Platform with GitHub Integration on August 18

According to Cursor's official announcement, its code hosting platform Origin went live on August 18, allowing users to directly sync code repositories from GitHub with deep integration into Cursor. The platform has already onboarded major GitHub ecosystem partners including Vercel, Buildkite, and Depot, with additional integrations rolling out. Beta access is now being gradually opened to users.
01:16

AI-Native Accounting Startup Rillet Completes $100M Series C at $1B Valuation

According to Fortune, AI-native accounting platform Rillet recently completed a $100 million Series C funding round at a $1 billion valuation. The round was led by ICONIQ, with participation from existing investors Sequoia Capital, Andreessen Horowitz, and Oak HC/FT, as well as new investors Bain Capital Ventures and Battery Ventures. Rillet's cumulative funding has exceeded $200 million. The company serves over 600 customers, including AI enterprises like Neuralink and Mercor, with approximatel
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01:14

South Korea Calls for Additional Safety Measures for Leverage ETFs After Trading Slumps 89%

According to Financial News, South Korea's National Assembly Legislative Research Service released a report on August 18 recommending additional safeguards for single-stock leverage exchange-traded funds, citing market volatility and trading concentration concerns. The report noted that after deposit requirements were raised to 30 million won on July 31, trading volume for leverage and inverse ETFs plummeted 89% in the following 11 days compared to the pre-regulation period. It recommended imple
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