Gate Crypto Flash News and Market Updates

Chainalysis Government Solutions filed a bid protest on July 27 in the U.S. Court of Federal Claims challenging Immigration and Customs Enforcement's $94.6 million sole-source contract awarded to rival TRM Labs. The one-year deal, covering blockchain forensic software and support services for Homeland Security Task Force investigations from July 1, 2026, through June 30, 2027, was awarded without an open bidding process. Chainalysis argues the decision was arbitrary and unreasonable. TRM Labs in

Dutch prosecutors recently liquidated remaining crypto assets held by bankrupt trading platform Knaken, raising $2.55 million for 6,300 victims, officials confirmed. The platform was declared bankrupt on July 16 after significant structural deficits left a major gap between customer investments and cryptocurrency holdings. According to bankruptcy trustee Carl Hamm, clients had invested between $11.6 million and $13.9 million through Knaken, yet the liquidated assets generated only $2.55 million,

According to Kainos Systems (00046), the company's profit attributable to shareholders reached HK$21.56 million for the six months ended June 30, 2026, representing a 15.9% year-on-year increase. Total revenue remained stable at HK$120 million. Basic earnings per share stood at HK8.86 cents, with a proposed interim dividend of HK6.0 cents per share.

According to Reuters and shipping trackers Kpler and Vortexa, Saudi Aramco resumed loading crude oil at ports in the Strait of Hormuz from August 12-16, with three Very Large Crude Carriers loading 2 million barrels. This marks the first time in nearly three weeks that the ports of Juaymah and Ras Tanura have handled cargo operations.

According to Beating AI, Xinyu Lan, multimodal understanding lead at xAI and former Gemini researcher at Google DeepMind, has recently joined Tencent Hunyuan. Lan previously led multimodal model research at Google DeepMind before joining xAI. This marks Tencent's third major hire from overseas tech giants within the past year. Former OpenAI researcher Yonglong Tian joined in July to work on vision-language models, following Shunyu Yao's appointment as Tencent's chief AI scientist.

According to DeFiLlama, over the past 24 hours, Binance, Bybit, and Bitget led centralized exchanges with net capital inflows of $234 million, $51.55 million, and $17.56 million, respectively.

According to Odaily, Bitget PoolX launched BGBTC staking today (August 18) to unlock 9,200 UNI tokens for users. The staking channel will be open from August 18, 8:00 p.m. to August 23, 8:00 p.m. (UTC+8), with a maximum individual stake of 30 BGBTC.

According to Bank of America's August global fund manager survey released today, 32% of investors consider the AI bubble the largest tail risk event, while 27% cite disorderly bond yield increases as the second-biggest concern. Meanwhile, 27% of surveyed fund managers are overweighting U.S. stocks relative to global benchmarks, up 3 percentage points from July and marking the highest level since December 2024.

According to BlockBeats, on August 18, U.S. stock market indices fell in premarket trading as Anthropic's annualized revenue fell short of market expectations. The Nasdaq dropped 0.32%, the S&P 500 fell 0.52%, and the Dow Jones declined 0.51%. Storage and optical communications stocks also came under pressure, with Micron Technology down 4.13%, Western Digital down 5.23%, and Lumentum Holdings down 5.98%. Bloomberg previously reported that Anthropic's annualized revenue run rate reached approxim

According to a company announcement, Baibaolong Technology (01861) forecasted a net loss not exceeding HK$16 million for the six months ended June 30, 2026, swinging from a net profit of HK$52.7 million in the same period a year ago. The loss was primarily driven by the absence of HK$14.3 million in yacht disposal gains recorded in the prior year, a decline in e-commerce sales that reduced gross profit, and an impairment loss of approximately HK$31.6 million recognized on the company's manufactu

According to its announcement, Meilian Share (02671) expects consolidated net profit of approximately 9.9 million RMB for the first half ended June 30, 2026, down about 84.2% from 62.6 million RMB in the same period of 2025, a decline of approximately 52.7 million RMB. The company attributed the earnings decline primarily to reduced revenue from prefabricated steel structure subcontracting services due to fluctuations in major customer order cycles, as well as delayed contract commencement and d

According to PANews, on August 18, Ant Group announced plans to sell a 3% stake in Indian digital payment and fintech company Paytm for $309 million.

According to Ripple's official statement, Ripple partnered with Jeonbuk Bank in South Korea to deploy Ripple Payments for cross-border remittances, making the latter the first regional bank in the country to adopt the service. The partnership targets import-export companies, IT startups, and online content creators. Ripple Payments handles settlement in seconds to minutes and operates 24/7, compared to traditional transfers via SWIFT that can take several days to complete.

According to its Chinese-language account, BitMart demanded founders Sheldon Lee and Yi Li respond publicly by August 19 over frozen user funds and unpaid employee salaries on August 17. The account called for verifiable asset disclosures, details on withdrawal restrictions, and a comprehensive repayment plan addressing remaining assets, total liabilities, expected user recoveries, and timelines. Founder Sheldon Lee responded by calling the allegations "fabricated rumors" and stated that BitMart

According to India, a ministerial-level roundtable between India and Singapore will be held on August 20.

According to Hong Kong Stock Exchange data, on August 13, J.P. Morgan reduced its stake in Luxshare-ICT (2475.HK) by 15.296 million shares at HK$61.98 per share, raising HK$947.89 million. Following the reduction, J.P. Morgan's holding decreased to approximately 31.589 million shares, representing a 7.97% stake.

Baidu released its second-quarter 2026 earnings, reporting AI cloud infrastructure revenue of 7.3 billion yuan, up 50% year-over-year. GPU cloud services saw a notable surge of 283% YoY and have achieved triple-digit growth for four consecutive quarters.

Jane Street disclosed over $1 billion in U.S. spot Bitcoin ETF holdings as of the second quarter of 2026, according to the firm's Form 13F filed with the Securities and Exchange Commission (SEC) on August 14. The quant trading firm holds approximately $828 million in BlackRock's iShares Bitcoin Trust (IBIT), alongside positions in Fidelity's FBTC and Grayscale's GBTC. The same Q2 filing revealed a significant expansion in Jane Street's XRP ETF exposure, with the firm holding over 1.2 million sha

According to Yonhapnews Agency, on August 18, former South Korean First Lady Kim Geon-hee was indicted on charges of solicitation of bribes and abuse of power by the special investigation team. Prosecutors allege that Kim improperly interfered in the relocation of the presidential residence after her husband Yoon Suk-yeol took office in 2022, enabling a company with close ties to her to secure the project. Kim is accused of receiving approximately 10.12 million won (about 48,000 yuan) in valuabl

According to BlockBeats, on August 18, Nvidia reached agreements with major Wall Street institutions including Goldman Sachs, Blackstone, BlackRock, and Apollo to arrange GPU financing up to $500 billion. The same day, Nvidia announced support up to $105 billion for OpenAI's Ohio data center project. CEO Jensen Huang stated that leading AI labs are growing faster than their balance sheet and credit capacity, requiring external capital for infrastructure. Nvidia will provide up to 25% guarantee s