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
06:14

Circle Issues 5 Billion USDC in One Week

Gate News message, Circle has issued 5 billion USDC to centralized exchanges over the past week. The stablecoin issuer has been actively minting USDC during this period.
USDC-0.01%
06:13

Eugin Securities Posts H1 Profit Surge of 203.5%, Stock Remains Below Par Value

According to Korea Exchange data, Eugin Securities reported first-half net profit of 1.202 trillion won on Aug 26, up 203.5% from the prior year, driven by gains in debt and equity trading as well as corporate finance operations. However, the stock price closed at 4,360 won, below its 5,000 won par value and down 37% from a May high of 6,920 won. Market analysts attribute the weak stock performance to the company's lack of share buyback activity over the past 19 years under owner-led management.
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06:09

Chinese Foreign Minister Wang Yi Meets Uzbekistan's Presidential Chief of Staff on August 26

According to Jin10, on August 26, Chinese Foreign Minister Wang Yi met with Uzbekistan's Presidential Chief of Staff Mirziyoyeva in Beijing. Wang Yi stated that China views Uzbekistan as a trustworthy partner and pledged continued support for the country's sovereignty, security, and development interests, as well as President Mirziyoyev's policy initiatives. China proposed strengthening high-level exchanges, accelerating construction of landmark projects including the China-Kyrgyzstan-Uzbekistan
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06:07

Jefferies and RBC See Nike's Stock Weakness as Buying Opportunity Amid Strong Dick's Sporting Goods Demand

According to Jefferies and RBC Capital, overnight (Aug 25), analysts view Nike's recent stock weakness as a potential buying opportunity. Jefferies highlighted strong demand for Nike's running products at Dick's Sporting Goods, particularly models like Vomero and Peg, suggesting the turnaround thesis remains intact despite inventory clearances. RBC maintained its 'Sector Perform' rating with a $45 price target, implying 14% upside potential, though noted that Nike's turnaround is progressing mor
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06:07

Netflix Mulls Adding Rival Streamers as Wolfe Research Raises Price Target to $95

According to The New York Times, Netflix is considering adding rival streaming services like Comcast's Peacock and Fox One to its platform on August 26 to compete with Alphabet's YouTube and Roku. The strategy aims to transform Netflix into a one-stop shop for TV content, though no imminent deal has been announced, and it remains unclear whether Netflix would integrate the content directly or operate as a retailer similar to Amazon Prime Video. Wolfe Research raised its price target on Netflix t
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06:05

AEON Processes 1.4M x402 Transactions Worth $14.73M on BNB Chain

According to ChainCatcher, AEON, an AI economic settlement protocol, has processed over 1.4 million x402 transactions totaling $14.73 million since launching its AI payment architecture on BNB Chain. The protocol enables AI Agents to autonomously verify and settle on-chain assets in real-time.
AEON0.19%
06:05

OpenAI Now Enables ChatGPT Work to Log In to User Accounts Without Storing Passwords

According to Beating AI, OpenAI now enables ChatGPT Work to log in to user accounts with user-provided credentials. Previously, the AI would pause when encountering a login page; it now redirects login prompts to the user, who enters username, password, and verification codes. After authentication completes, ChatGPT Work resumes task execution. OpenAI confirmed that ChatGPT cannot view or store passwords. The feature applies to ChatGPT Plus, Pro, and Business users and supports tasks including i
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06:04

BlackRock Lowers Bitcoin ETF IBIT Conversion Threshold to $1M, Bitwise to $3M

According to ChainCatcher, BlackRock has lowered the minimum threshold for converting self-custodied BTC into iShares Bitcoin Trust (IBIT) shares from $25 million to $1 million. Bitwise reduced its comparable threshold from $100 million to $3 million. The conversions use in-kind creation, allowing investors to exchange BTC directly for ETF shares without selling BTC first and triggering capital gains tax. BlackRock's Digital Assets lead Robbie Mitchnick noted that IBIT has processed over $5 bill
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BTC-2.03%
06:02

MLCC and PCB Substrate Demand Surge on AI Server Upgrades, South Korean Component Makers Gain

According to Mirae Asset Asset Management on August 26, demand for multilayer ceramic capacitors (MLCCs) and PCB substrates is surging as artificial intelligence server upgrades intensify supply chain bottlenecks. MLCCs function as power buffers in AI servers, while PCB substrates connect multiple chips. Mirae Asset's TIGER AI Semiconductor Core Process ETF allocates 71.41% to MLCC and substrate companies, with Samsung Electro-Mechanics holding the largest weighting at 23.96%, followed by LG Inn
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06:02

World Liberty's USD1 Stablecoin Launches Natively on Canton Network on August 25

According to World Liberty Financial, the Trump family-backed firm launched its USD1 stablecoin natively on the Canton Network on August 25, enabling institutions to settle transactions in tokenized real-world assets and derivatives collateral. USD1 now serves as the cash leg for tokenized securities, institutional lending, asset issuance and redemptions, and cross-border payments under Canton's privacy controls. The stablecoin's circulation stands at US$4.08 billion, ranking sixth globally amon
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USD1-0.03%
CC-5.56%
WLFI0.92%
USDC-0.01%
06:02

Subsquid Partners With Google Cloud to Integrate Blockchain Data Into BigQuery, Applying Six Cryptographic Checks

According to an announcement on August 25, Subsquid partnered with Google Cloud to integrate blockchain datasets into Google Cloud Web3 Blockchain Analytics, enabling users to access Subsquid-validated data through BigQuery. The collaboration connects decentralized blockchain data infrastructure with enterprise analytics tools for businesses and developers. Subsquid applies six cryptographic checks to every block before its information reaches Google Cloud's analytics platform, ensuring data acc
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SQD7.52%
06:01

JR Global REIT Secures Evidence of Improper Valuation as Finance Tower Appraisal Lawsuit Heads to Judgment

According to Edaily on August 26, JR Global REIT has submitted documentary evidence to a UK commercial court showing that Jones Lang LaSalle (JLL) manipulated Finance Tower's valuation by lowering rental assumptions and inflating maintenance costs. The final appraisal was set at €920 million, with internal JLL communications allegedly showing satisfaction with the reduced figure. The court is expected to deliver its first-instance ruling by end of August or early September.
06:01

SK Innovation Stock Falls 10.16% on SKIET Absorption Merger Announcement; Subsidiary Surges 29.95%

According to SK Innovation, the company announced on August 26 its plan to absorb subsidiary SK IE Technology (SKIET) through a merger, triggering significant market volatility. SK Innovation shares fell 10.16% to 112,300 Korean won in afternoon trading, while SKIET surged 29.95% to the daily price limit of 19,960 Korean won. The merger is expected to close on January 1, 2027, with SK Innovation issuing 4.481 million new shares (2.6% of total shares outstanding) at an exchange ratio of 0.11 SK I
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06:01

Czech Programmer Signals Cooperation in $44M Bitcoin Donation Money Laundering Case, Faces 20-Year Sentence

According to Bitcoin.com News, Tomáš Jiříkovský, a programmer linked to darknet operations and the main defendant in a Czech cryptocurrency money laundering case, has signaled willingness to cooperate with authorities. A Brno court ruled to continue his detention due to flight risk and potential control of undisclosed crypto assets. Prosecutors stated Jiříkovský has shifted his stance on darknet market operations and money laundering but has yet to provide detailed testimony. The prosecution is
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BTC-2.03%
06:00

HSBC Hong Kong Requires Mainland Investors to Submit Account Declarations by September 12

According to Odaily, HSBC Hong Kong has begun notifying mainland investors to submit account declaration forms by September 12 through its mobile app, with updated contact information required. The declaration must confirm that investment funds originate from legally compliant sources outside mainland China and acknowledge disclosure of personal data to regulatory authorities if requested. HSBC warned that investment services may be suspended if forms are not submitted by August 20, and could be
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05:58

Figure Launches Index Project to Crowdsource Robot Training Data, Pays $15M to Contributors

According to Tencent Technology, AI robotics company Figure launched the Index project today (August 26) on iOS and Android platforms to collect real-world task data from global users for humanoid robot training. The platform has reached 108 countries and regions, with over 264,000 downloads, 44,000 weekly active users, and over 16 million uploaded videos. Figure has paid contributors over $15 million to date and plans to invest over $1 billion in data and computing resources over the next 12 mo
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