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
03:21

SenseTime Forecasts H1 2026 Profit of RMB 500M-700M, Adjusted Losses Narrow 60-70% YoY

SenseTime Group (00020) released a positive earnings guidance on August 16, forecasting consolidated profit of approximately RMB 500 million to RMB 700 million for the first half of 2026. The company's adjusted net losses (non-IFRS basis) are expected to narrow by 60 percent to 70 percent year-over-year compared to H1 2025, marking the company's first consolidated profitability since its public listing. The improvement is driven by reduced losses in core business operations and gains from fair v
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03:19

NVIDIA CEO's Daughter Visits LG Electronics Robotics Center on Aug 18, Days After Strategic MOU

According to Hankyung, Madison Huang, senior director of Omniverse and Robotics product marketing at NVIDIA and daughter of NVIDIA CEO Jensen Huang, visited LG Electronics' robotics research and development campus in Seoul's Yangjaе district on August 18 to discuss partnership initiatives. The visit occurs just days after Jensen Huang and LG Electronics Chairman Koo Kwang-mo signed a strategic business cooperation agreement on August 13 at NVIDIA's headquarters in Santa Clara, California. The di
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03:17

China's Securities Apps Hit 187 Million Monthly Active Users in July, Up 0.69% MoM

According to Jin10 citing Qianzhan data, China's securities app market reached 187 million monthly active users in July 2026, up 0.69% month-over-month and 12.11% year-over-year, marking the fifth consecutive month of month-over-month growth and the highest level this year. Among third-party securities service apps, Tonghuashun, East Money, and Dazhihui led with 38.67 million, 19.47 million, and 13.94 million monthly active users respectively. In the brokerage-operated app segment, Huatai Securi
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03:16

Morgan Stanley Raises Memory Chip Forecasts: DDR4, SLC NAND Expected to Surge 50% in 3Q26

According to Morgan Stanley's August 14 report, DDR4 and SLC NAND memory prices are expected to rise 50% in the third quarter of 2026, with DDR4 potentially gaining another 10% in the fourth quarter. The investment bank projects SLC NAND supply constraints may extend into 2027, with NOR Flash prices also facing upward pressure through mid-2027. Major chipmakers including Winbond, Gigadevices, and Longsine Electronics have seen full-year earnings forecasts significantly increased. Winbond's earni
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03:16

Debang Technology Hits 20% Daily Limit-Up as A-Share Memory Chip Stocks Rally

According to Jin10, on August 17, A-share memory chip stocks extended gains, with Debang Technology hitting a 20% daily limit-up, marking the largest single-day surge. Tongfu Microelectronics also reached daily limit-up, while Tianchun Technology, Concept Electronics, AMEC, and Puran Semiconductor gained over 10% each.
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03:16

Delan Minghai's Hong Kong IPO Prospectus Expires After Six Months on August 15

According to Zhitong Caijing, Delan Minghai's Hong Kong IPO prospectus, filed on February 15, 2026, expired on August 15, 2026, after reaching the six-month validity period. Clear Capital served as the sole sponsor. Operating under the BLUETTI brand, the company is a leading portable energy storage product supplier and innovator. According to Frost & Sullivan data, it ranks fourth globally by revenue share (6.6%) and shipment volume (7.5%).
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03:13

U.S. Inflation Data Cools in July, Market Lowers Fed Rate Hike Bets for September

According to China Finance Futures commentary, U.S. inflation pressures eased in July as nonfarm payrolls came in weaker than expected and both CPI and PPI printed softer figures. Markets subsequently lowered the odds of a Fed rate hike in September, which drove gold prices higher mid-week before profit-taking pushed them lower by week's end. Bloomberg reported that Japan's government has signaled support for the Bank of Japan to raise rates, with the next rate hike window likely in September or
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03:11

Ethlabs Proposes Hegotá Upgrade Priorities: Censorship Resistance, Faster Blocks, Native Account Abstraction

According to Ethlabs, the non-profit Ethereum research lab has outlined priority recommendations for the Hegotá upgrade. The proposed priorities include strengthening censorship resistance with EIP-7805 FOCIL, accelerating block times via EIP-8198 Quick Slots, and implementing native account abstraction through EIP-8141 Frame Transactions to support Passkey wallets, ERC-20 gas payments, and batch transactions. The lab also recommends EIP-8131 and EIP-8279 for continued Layer 1 scaling to enhance
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ETH0.98%
03:11

Safepal Data Breach Exposes 39,798 Customers After Order Plugin Flaw on Sunday

On Sunday, Safepal disclosed that an unauthorized data breach affected 39,798 customers after a vulnerability in its order tracking plugin allowed unidentified actors to access personal information. The exposed data included names, email addresses, shipping addresses, phone numbers, and purchase details from orders placed between March 2, 2025, and April 11, 2026. The wallet manufacturer confirmed that seed phrases, private keys, wallet passwords, and other wallet credentials were not compromise
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SFP0.21%
03:10

Trump Advisor Warns of 'Dark GPU' Oversupply Risk as Nvidia Pushes AI Compute Financing

According to David Sacks, a member of Trump's Science and Technology Advisory Council, speaking recently on All In Podcast, the AI computing market faces significant risk from oversupply rather than insufficient demand. Sacks warned that excessive idle GPUs, referred to as "dark GPUs," could trigger a major downturn, comparing it to the dot-com era's collapsed "dark fiber" market where telecom operators built far more fiber capacity than actual demand required. Sacks highlighted a critical misma
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03:09

Thibault Sottiaux: AI Model Price Comparison Requires More Than Per-Token Cost Analysis

According to Thibault Sottiaux, OpenAI Codex's head, comparing AI model prices cannot rely solely on per-token rates due to different tokenizer rules across providers. In testing identical English and technical text, GPT-5.6 Sol required 766 tokens while Claude Opus 5 needed an estimated 1,170 tokens—34.5% more. Both models charge $5 per million input tokens; Sol outputs cost $30 per million tokens versus Opus 5's $25. Though Opus 5 appears cheaper per token, processing the test text through Sol
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03:07

Alibaba Transfers Lingxi Interactive Entertainment Stake to Zhongxin Capital Today

According to sources close to the deal and Shanghai Securities News, Alibaba's transfer of its stake in Lingxi Interactive Entertainment to Zhongxin Capital (backed by Zhongxin Capital) has taken effect today (August 17). Lingxi Interactive Entertainment CEO Zhou Bingxun confirmed in an internal memo that the transaction agreement between Alibaba Group and Zhongxin Capital has been officially reached, with Zhongxin Capital becoming the new shareholder.
03:07

China Develops Key Technology for Rare Earth Detection

According to CCTV News, China has recently achieved a breakthrough in rare earth detection technology. Researchers at the State Administration for Market Regulation's Key Laboratory (Rare Earth Product Detection and Traceability), based at Jiangxi University of Science and Technology, have successfully developed multiple critical detection techniques. The team's key innovation is the inductively coupled plasma tandem mass spectrometry (ICP-MS/MS) method, which directly measures rare earth impuri
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03:03

Eight Countries Condemn Israel's Rejection of Gaza Peace Plan on August 16

According to Jin10 Data, eight foreign ministers from Egypt, Qatar, Jordan, the United Arab Emirates, Indonesia, Pakistan, Turkey, and Saudi Arabia issued a joint statement on August 16, condemning Israel's rejection of the Gaza peace plan. The statement noted the plan has been accepted by Palestinian factions and represents significant progress from extensive mediation efforts. The ministers stated that Israel's public refusal to implement the plan directly undermines it and damages collective
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