Gate Crypto Flash News and Market Updates

According to Guru Club, Shanghai's Science and Technology Commission released the 15th Five-Year Plan for Zhangjiang High-Tech Park on August 19, prioritizing five innovation domains: computing power, large language models, data resources, scientific AI, and applications. The plan targets the Zhangjiang Core Park, Xuhui Park, and Caohejing Park as demonstration hubs for an AI-driven industrial cluster. Key initiatives include building the Pujiang public computing service platform, advancing brea

According to Jin10 Futures, as of 10:15 on August 19, the CNEX overall money market sentiment index reported 49, up 2 points from 08:45. Large banks, mid-sized banks, and non-bank institutions reported sentiment indices of 48, 50, and 48 respectively, each rising 2 points.

According to Jin10, Shanghai gold spot prices opened at 945.27 yuan per gram on Wednesday, August 19, trading 0.02 yuan per gram above international gold prices at 945.25 yuan per gram.

According to Foresight News, the U.S. Securities and Exchange Commission (SEC) has proposed a new regulation titled "Regulation Crypto Assets" to provide a pathway for certain digital asset issuances to operate without complying with securities laws. The proposal includes three key provisions: a startup exemption allowing issuances up to $5 million to waive registration requirements under the Securities Act of 1933 for four years; a financing exemption permitting issuances up to $75 million to w

According to Foresight News, peer-to-peer crypto exchange NoOnes announced on August 19 that it will shut down on August 22, 2026 at 7:59 UTC. Users must withdraw their funds by August 23. The platform attributed the closure to sanctions that resulted in the loss of key partners and caused blockchain monitoring services to flag its transactions as high-risk, making continued operations unfeasible.

According to Foresight News, ZK verification layer project Aligned has opened queries for its Genesis Drop airdrop, allocating 8.74% of its 10 billion ALIGN token supply (approximately 874 million tokens) to the crypto and Ethereum communities. At token generation event (TGE), 3.88% of total supply will be unlocked, with the remaining tokens released over 12 to 47 months depending on allocation category.

According to Decrypt, Swiss hardware wallet manufacturer BitBox discovered two critical firmware vulnerabilities and one bootloader issue during an internal AI audit on August 19, releasing the Dixence security update to address them. The flaws require combining phishing attacks with device tampering; BitBox confirmed no user funds were stolen and recovery phrases remained uncompromised. The bootloader vulnerability affected older BitBox02 models, potentially allowing attackers to install malici

President Trump announced today he has suspended 50% tariffs on Canada for a three-day period.

According to Bitcoin Magazine, investigators probing the July 2026 Coldcard hardware wallet breach have made progress on the first wave of attacks. Approximately 1,082.65 BTC (roughly $118 million) remains in attackers' addresses. Investigators discovered the perpetrators used a paid account from a blockchain data service provider, with internal logs showing patterns highly consistent with the theft. Galaxy Research analyst Alex Thorn stated the first-wave attackers' identity may have been ident

According to F&Guide and Shinhan Investment Securities, South Korea's KOSPI market faces a significant double-counting issue in 2026, where parent and subsidiary companies listed simultaneously distort earnings calculations. The duplicate earnings are projected to reach 89 trillion won this year, roughly 14 times larger than the comparable figure in the United States, raising concerns about the overall valuation accuracy of the domestic stock market.

According to Trump's Truth Social post on Tuesday (August 18), the U.S. will not hold talks with Iran and claimed the Strait of Hormuz is now open with all mines cleared or destroyed. However, a foreign tanker came under attack by unidentified munitions in the strait the same day, sustaining engine room damage and injuring one crew member, according to the UK Maritime Trade Operations (UKMTO). Iran's Vice Foreign Minister Kazem Gharibabadi responded that Trump's claims would "either self-correct

According to Morgan Stanley's August 18 internet sector report, major tech stocks posted declines last week, with Amazon and Google falling 4% and 2% respectively. Amazon, Google, and Meta currently trade at 20x, 17x, and 19x 2026 forward P/E, representing 7-14% discounts to their respective five-year averages. The broader internet sector's NTM EV/EBITDA trades at a 7% discount to its five-year mean, though NTM EV/Sales remains 19% above historical levels. If stock-based compensation (SBC) is tr

According to Yonhapinfomax, on August 19, South Korea's government bond futures opened with modest gains as U.S. Treasury yields fell overnight. The 3-year bond futures advanced 3 ticks to 103.16, while 10-year futures gained 5 ticks to 105.12. The rally followed a decline in U.S. bond yields driven by sharp losses in technology stocks amid risk-off sentiment, with the Philadelphia Semiconductor Index plunging nearly 5% overnight.

According to Yonhap News Agency, KakaoBank and cryptocurrency exchange Coinone announced the renewal of their real-name deposit account service contract, extending the agreement by one year through August 2027. The extension followed completion of on-site inspections and assessment of Coinone's anti-money laundering (AML) system. Coinone has also completed the filing update with the Financial Intelligence Unit (FIU). The two companies have maintained this partnership since August 2022, marking t

According to the New York Federal Reserve, the term premium on U.S. 10-year Treasury securities reached 89.48 basis points on August 17, the highest level in 15 months, with the index trading above 80bp for six consecutive trading days. On July 29, the day of the Federal Open Market Committee (FOMC) press conference, the term premium surged 12.37 basis points, marking the largest single-day increase since late April of last year. The sharp move reflects elevated uncertainty around inflation, mon

According to Japan's Cabinet Office, core machinery orders rose 9.7% month-on-month on a seasonally adjusted basis in June, exceeding market expectations of 7.8%. The June figures represent a sharp reversal from May's 12.4% decline. Core machinery orders, which track monthly contract awards to machinery manufacturers, serve as a leading indicator of corporate capital expenditure.

On August 18, Cerebras Systems unveiled its new CS-4 computing system at an event in San Francisco, claiming it delivers speeds several times faster than its predecessor and offers a significant advantage against Nvidia-based alternatives. The system will enter limited customer testing immediately, with broader availability expected in late Q3. According to the company, a key differentiator is its ability to store all model parameters directly on its giant chip, eliminating the need to access ex

According to PANews, on August 19, BitMEX co-founder Arthur Hayes disputed claims of an AI bubble in the agent economy, stating the bubble exists instead in debt issued for data center construction and stocks of unprofitable mega-scale enterprises and frontier labs. Hayes reiterated his full confidence in the agent economy and announced he is leading Flop Labs to launch the AI Agent token FLOP, arguing that excess computing power built with borrowed capital supports his thesis on the project.

According to the FSS union, voluntary resignations from South Korea's Financial Supervisory Service surged to 77 last year, compared to 22 in 2017—a more than three-fold increase in eight years. The spike comes as the government plans to relocate the FSS and Financial Services Commission to Sejong City, with the decision expected to be announced on August 25. Among the 760 specialized personnel currently at FSS, including 507 accountants and 253 lawyers, concern is rising that relocation will ac

According to Reuters, yesterday (August 18), OpenAI launched ChatGPT for Teens, a version for users 13 to 17 with parental controls and tighter limits on topics including self-harm, violence, and eating disorders. The mode includes Quiet Hours, parent notifications when teens discuss sensitive topics, and study features such as quizzes and homework reminders. OpenAI uses a mix of self-reported age, behavioral signals, and verification to estimate age. The rollout follows the U.S. Federal Trade C