Gate Crypto Flash News and Market Updates

According to its announcement on August 25, Everbright Fund Management has suspended redemption services for its Everbright Crude Oil Securities Investment Fund (QDII) on August 31, 2026, as the London Stock Exchange will be closed that day. Redemption services will resume on September 1. The suspension affects all share classes of the fund, including A-class RMB shares (code 161129), A-class USD shares (code 003322), C-class RMB shares (code 003321), and C-class USD shares (code 003323).

According to Jin10, E Fund announced on August 25 that it will suspend redemption services for its China Crude Oil Qualified Domestic Institutional Investor (QDII) fund on August 31, 2026, due to London Stock Exchange closure. Redemption services will resume on September 1. The suspension applies to all share classes of the fund.

According to Korea Exchange, Korean cosmetics stocks soared in August, with Korean Colmar surging 57.5% and Cosmax rising 55.1% as semiconductor stocks declined. Korean Colmar achieved a record quarterly operating profit of 100 billion won in the ODM (original design manufacturing) sector, while Cosmax exceeded 500 billion won in quarterly revenue for the first time. The rally was driven by strong export growth. South Korea's cosmetics exports reached 7 billion dollars in the first half of 2026,

According to ChainCatcher, Visa announced today its participation in Singapore's Monetary Authority (MAS) BLOOM initiative, partnering with Nium to pilot stablecoin settlements. The collaboration aims to enhance cross-border fund flows and reduce settlement delays by enabling 24/7 transactions, including weekends and public holidays. The pilot will support regulated stablecoins denominated in major currencies, including U.S. dollar and euro-backed stablecoins.

According to Korea Exchange, SK Hynix accelerated its share buyback program on August 25, with approximately 1.05 trillion Korean won in repurchase orders. Samsung Electronics has also initiated its own buyback effort, marking a rare corporate-driven market support phenomenon in South Korea's equity markets.

According to Binance's official announcement, the exchange will adjust cross-collateral leverage borrowing rates, transferable collateral rates, and unified account collateral rates on August 28, 2026, at 14:00 UTC+8, with adjustments expected to complete in approximately 30 minutes.

According to ChainCatcher, TRON network super representatives initiated Proposal 107 voting on the mainnet, with voting ending on August 28 at 2 p.m. (Singapore time). The proposal seeks to enable TVM compatibility features with Ethereum's Prague and Osaka upgrades in GreatVoyage-v4.8.2, including support for historical block hash queries, new CLZ instruction, secp256r1 precompiled contract supporting Passkey verification, and optimized MODEXP energy consumption.

According to Bank of America data, active equity funds sold $44.4 billion of semiconductor stocks in August, marking a significant shift in institutional capital allocation. The selloff reflects money moving away from crowded AI trades toward telecom, energy, materials, and power grid modernization sectors, indicating a reallocation within AI-related investments rather than a complete exit from the theme.

According to Bitstamp data, Bitcoin breached $81,255 at 10:45 p.m. EST on August 24, lifting the digital asset's market capitalization to nearly $1.62 trillion. The surge followed reports that the U.S. Treasury plans to use its General Account to fund bond purchases. Coinglass recorded $282 million in Bitcoin short liquidations within 24 hours, accounting for approximately 62% of all liquidated short positions across the cryptocurrency market during the period.

According to a ChainCatcher report citing Vaults.fyi, the DeFi vault market has become highly concentrated over the past year. The top 5 vault managers control 69% of the market's $112.9 billion in total locked value, with the top 10 accounting for 79.1%. The report covers 856 vaults across 131 managers and 18 protocols. Notably, the rankings shifted significantly: Sentora and Concrete—absent from the market a year ago—now rank second and fourth respectively, while Usual dropped from fourth to t

According to Politico, U.S. Trade Representative Grier was invited to attend the European Union trade conference scheduled for October.

According to Guru Club, spot silver declined 2% intraday on August 25, trading at $67.55 per ounce.

According to Iranian media, on August 25, Iran's ground forces commander Brigadier General Jahansahi stated during a border inspection that the military is at the highest level of combat readiness. The military has been equipped with new weapons and contingency plans to counter threats. Jahansahi warned that any cross-border or aggression against Iranian territory would face a "far stronger response than ever before."

According to Korea Exchange, foreign investors sold net 9.4 trillion won of Korean stocks over the past five trading days through August 25, marking a sharp reversal from net inflows of 8.1 trillion won the prior week. On August 25 alone, foreign investors net sold 3.82 trillion won, the strongest daily outflow since late July. KOSPI closed up 0.68% at 6742.74, recovering from an intraday decline of over 4% as semiconductor stocks rebounded. Market uncertainty stems from upcoming monetary policy

According to Hankyung Economy, LG Household & Health Care's North America revenue reached 205.8 billion Korean won in Q2 2026, surpassing China revenue of 176 billion won for the first time, up 47.3% year-over-year. Amorepacific's North America revenue reached 210.4 billion won in the same period, up 56.5% YoY, with Western markets (North America and Europe) accounting for 51% of total overseas sales, exceeding Asia for the first time. The shift marks a strategic pivot for both companies, which

According to Hankyung, Nvidia will release its fiscal 2027 second-quarter earnings on August 27 at 6 a.m. Korea time, with revenue guidance of $91 billion (±2%), exceeding analyst consensus of $87.3 billion by 4.2%. The company has beaten guidance for four consecutive quarters, with Q1 gross margin at 74.9%, and has guided Q2 gross margin at 74.9% (±0.5 percentage points). Nvidia disclosed actual performance of its next-generation Vera Rubin AI platform on August 24, showing processing throughpu

According to Financial Investment Association data released on August 25, South Korean corporations are increasingly shifting to bank loans as corporate bond financing costs surged over 1 percentage point since year-end. The credit spread for AA-rated three-year corporate bonds reached 0.686 percentage points, up sharply from 0.4-0.5 percentage points at end of 2025, reflecting heightened investor risk premiums and weakened demand. Top 10 conglomerates face 46.95 trillion won in corporate debt m

According to Maeil Business Newspaper, on August 25, South Korean robotics stocks KNR System and TXR Robotics surged 15.92% and 11.86% respectively, following China's Unitree robot company's debut on the stock exchange. Unitree opened 460% above its IPO price of 150.8 yuan on August 19, reaching 845 yuan on its first trading day, though it subsequently declined to 603.08 yuan by August 24. KNR System supplies hydraulic actuators to Boston Dynamics, while TXR Robotics secured an autonomous mobile

According to Jin10, on Aug 25, Japanese Prime Minister Takayuki Makiyama instructed relevant ministers to prepare measures maintaining gasoline price subsidies. The subsidies, introduced since mid-March to support oil wholesalers, aim to keep average retail gasoline prices around 170 yen per liter (approximately $1), a level elevated by rising crude oil prices amid Middle East tensions.

According to Beijing Exit-Entry Inspection Total Station, Beijing port's exit-entry passenger inspections surpassed 15 million as of August 25, marking a 9% year-over-year increase and reaching the milestone 20 days earlier than last year.