Gate Crypto Flash News and Market Updates

Revolut Bank S.A. received a full French banking licence from the European Central Bank and French prudential regulator, the ECB Governing Council announced. The approval establishes Revolut's second banking entity in the European Union alongside its existing Lithuanian bank, Revolut Bank UAB. Revolut will begin operating the French bank before expanding into Germany, Ireland, Italy, Portugal and Spain in later phases. The company serves approximately 30 million customers in Western Europe, with

According to Hyperliquid News, trader Jasper3611 established a 750 XYZ100 short position worth approximately $22.4 million in the past 9 hours on Markets.xyz. The position is now the largest single holding in XYZ100, accounting for 9.8% of total open interest.

According to ChainCatcher, China's central bank outlined plans to steadily develop the digital yuan in its "15th Five-Year Plan" (2026-2030) reform agenda. The People's Bank of China stated the initiative aims to optimize financial infrastructure, improve payment systems, and strengthen central bank governance as part of broader efforts to build a strong financial system and support high-quality economic development.

According to an official announcement, Profit Time (06838) expects to record a net loss of approximately HKD 45-50 million for the six months ended June 30, 2026, compared to a loss of HKD 13.821 million in the same period of 2025. The increased loss is attributed to reduced revenue due to sluggish demand and compressed gross margins amid intense market competition.

According to CCTV News, on August 12, four U.S. states will begin jury selection proceedings in an Oakland federal court for a lawsuit against Meta, alleging that addictive design features of its social media platforms have harmed minors. The states are seeking $1.4 trillion in damages from the company.

According to Jin10, China's central bank released its 15th Five-Year Reform and Development Plan on August 10. The plan aims to build a modern financial market system with broader asset classes and multiple tiers, strengthen financial market regulations, and maintain orderly market operations.

According to Strategy Inc., the company confirmed it holds a $4 billion reserve backing its STRC preferred stock over the past week. The reserve covers more than two years of dividend payments and debt interest, supporting the stock at a 12% dividend rate tied to a $100 par value. Market confidence has shifted sharply, with prediction-market odds for STRC reaching $100 by December 31 climbing to 66.5%, up from 36% just one week earlier. If STRC holds near par value, Strategy could reopen $17.5 b

According to Onchain Lens, FalconX transferred 120 BTC (approximately $7.82 million) to Coinbase 24 minutes ago.

According to Foresight News, Base recently launched its Builder Grant Program for teams actively building products on the network, offering up to $5,000 in seed funding alongside marketing and product support. The initiative focuses on prediction markets, token launch platforms, new asset creation, consumer applications, AI agents (commercialization, x402 protocol implementation, autonomous trading), and DeFi (lending, flash loans, yield generation, vaults, tokenized stocks). Base also announced

According to Binance's official announcement, Binance will halt leveraged trading and margin borrowing for BTTC (BitTorrent) and POWR (Powerledger) on August 14, 2026, at 6:00 PM UTC+8.

According to BlockBeats, Yushu Technologies priced its IPO at 150.8 yuan per share on August 10, issuing 40.4464 million shares and raising approximately 6.099 billion yuan. The offering exceeded the original plan of 4.202 billion yuan by 45.15%. The company completed approval in just 73 days from the submission date of March 20, marking the fastest timeline in 2026.

According to BlockBeats, on Aug 10, Unitree Technology launched Shanghai Stock Exchange ChiNext public offering with ticker 688836, planning to issue 44.46 million shares representing 10% of post-issuance capital. On Hyperliquid, the UNITREE IPO pre-contract declined to $81.9, down 5.3% in 24 hours from the Aug 7 peak of $91.6. Data tracked by TradingBeats shows abnormal short concentration: the largest short address (0x091) holds $924,000 in position value, representing 47% of total short posit

According to Trump's statements on August 10, the U.S. is handling the Iran situation quietly and remains in preliminary negotiations. Trump noted Iran faces severe economic challenges and insufficient funds to pay military salaries. U.S. officials stated Trump is focused on ensuring smooth energy transportation through the Strait of Hormuz, with military options remaining available if Iran escalates ship attacks.

According to monitoring by Beating and confirmed by hotel industry sources to Xinhua Finance, Douyin has begun charging hotels for orders referred through its Douyin entry point. The charge includes an 11.4% software service fee and an additional 0.6% payment processing fee, totaling approximately 12%. The new rate takes effect from August 10. Bytedance has not yet responded to the change.

According to a company announcement, Dongwu Cement (00695) expects revenue for the six months ended June 30, 2026, to decline to approximately HK$52.97 million from HK$119 million a year earlier, down 55.4%. The group projects a loss of HK$15.98 million for the period, compared to a loss of HK$12.97 million in H1 2025, representing a 23.2% increase. The decline is attributed to industry supply-demand imbalance, weakened downstream demand, excess capacity, and intensified price competition.

According to the Hong Kong Exchanges and Clearing (HKEX), MiniMax will be included in the HKEX Technology 100 Index and HKEX Technology and US Technology 100 Index effective August 13, 2026. The inclusion takes effect after market close on August 12, 2026, following HKEX's fast-track listing rule criteria.

According to Yonhapinfomax, South Korea's presidential office announced today that it will relocate military facilities from Gwangju airport by the end of 2028 to establish a national semiconductor industrial complex on the 2.5 million-pyeong site. The government will complete military facility relocation and temporary dispersal by the second half of 2028, while proceeding in parallel with industrial zone planning and licensing procedures. The presidential office noted that despite Gwangju airpo

According to BlockBeats, Meta Platforms announced on August 10 the launch of Muse Glimmer, an open-source agent model that runs on Mac or PC.

According to Elon Musk on August 9, artificial intelligence agent traffic will vastly exceed human internet usage. Musk endorsed Cloudflare Chief Financial Officer Thomas Seifert's projection that non-human traffic could reach 1,000 times human levels within 5 years. Seifert made the forecast during Cloudflare's second-quarter earnings call, stating that humans will become "a rounding error on the internet" as AI-driven traffic accelerates.

According to Bitget's July 2026 Transparency Report released today (August 10), the exchange's rToken product surpassed $114 million in assets under management, reaching the milestone within five weeks of launch. According to independent market research cited in the report, Bitget ranked first for tokenized equity liquidity among assessed platforms, exhibiting the smallest slippage on large transactions and the greatest balanced visible liquidity within fifty basis points. The platform attracted