Gate Crypto Flash News and Market Updates

According to researchers at South Korea's Insurance Research Institute, the sector should adopt financial contracting arrangements to diversify funding sources beyond insurance product sales, potentially unlocking investment capacity across diverse industries. The Institute's report released today (August 23) cited U.S. large life insurers' use of such contracts as a reference model. Outstanding securities issued by U.S. life insurers based on funding contracts grew more than threefold, from $87

According to the Financial Supervisory Service on August 23, South Korean domestic banks' net profit in the first half of 2026 fell to 13.8 trillion won, down 6.4% from 14.7 trillion won in the same period last year, a decline of approximately 900 billion won. While interest income expanded to 32.2 trillion won, up 8.3% year-over-year, the gain was offset by a significant drop in non-interest income to 2.9 trillion won, down 43.4% from 5.2 trillion won in H1 2025. The decline was driven by secur

According to a Korea Financial Research Institute report released on August 23, the proportion of South Korean non-financial listed companies unable to cover interest expenses from operating profits rose to 39.9% last year, up from 38.5% in 2024. Additionally, the number of companies showing signs of financial distress requiring structural adjustment increased to 437 from 391 the previous year. The institute's Senior Research Fellow Gu Jeong-han noted that potential restructuring candidates acro

According to Wall Street Journal, President Trump's investment account executed over 1,000 stock trades in June 2026, including more than 550 buy orders and 450 sell orders. Trades exceeding $1 million involved Berkshire Hathaway, Visa, Mastercard, Meta Platforms, and Motorola. Since January 2025, Trump's investments have been managed through a revocable trust account administered by his eldest son Donald Trump Jr., with a third-party financial institution handling trades via automated portfolio

According to Yonhap Infomax and Korea Exchange, as of August 23, South Korea's KOSPI and KOSDAQ markets triggered circuit breakers 81 times in 2026, surpassing the 45 instances recorded during the 2008 global financial crisis and marking an all-time high. KOSPI alone accounted for 49 triggers (24 buy-side, 25 sell-side), while KOSDAQ recorded 32 (18 buy-side, 14 sell-side), with July and August seeing the most concentrated activity at 15 and 6 triggers respectively. Market participants including

According to Onchain Lens, LORACLE has recovered approximately $3 million in losses on its HYPE short position as the token declined from its all-time high. The position remains underwater by approximately $16 million.

According to Sandeep Nailwal on X, Polygon Foundation is drafting a staking and tokenomics reform proposal. The proposal includes introducing native staking similar to L1 protocols on Polygon PoS, allocating full priority fees from each transaction to POL stakers, and increasing staking rewards to nearly double current levels sourced entirely from network fees rather than inflation. Additional benefits for POL stakers are also planned, including possible gas fee discounts. Polygon Labs will code

According to South Korea's Financial Supervisory Service (FSS) data disclosed to parliament, five major virtual asset exchanges recorded 6,590 corporate accounts as of late July. Bithumb led with 3,280 accounts, followed by Upbit operator Dunamu with 2,086 accounts; these two platforms accounted for 81.4% of the total. Only 711 corporate accounts (10.8% of the total) had completed customer identity verification (KYC), with Upbit holding the most at 290 accounts. Enterprise holdings across platfo

According to Korea Exchange, South Korea's stock market index KOSPI rebounded on August 23 as Samsung Electronics and SK Hynix led gains, yet trading activity declined significantly. The daily average turnover rate for listed stocks on the main board fell to 0.56% through August 21, marking a year-to-date low. Trading volume and transaction value also hit record lows for 2026 as investors reduced active trading positions.

According to Iran's Supreme National Security Council secretary, the country exported 70 million barrels of oil over the past one to two months.

According to News1 citing Financial Supervisory Service (FSC) data, on August 23, South Korea's FSC is reviewing a plan to compensate Homeplus electronic commercial paper victims prior to the completion of the retailer's rehabilitation proceedings. The approach would involve prioritizing compensation once improper sales are confirmed through inspection and penalties, with final settlements adjusted after actual losses are determined. However, the plan requires the consent of selling securities f

According to financial disclosures from the U.S. Office of Government Ethics published on August 23, Trump conducted over 1,000 securities transactions in June with a total value between $78.1 million and $263.1 million. Crypto-related transactions included selling Coinbase shares on June 12 ($15,001–$50,000), June 18 ($100,001–$250,000), and June 23 ($1,001–$15,000), then buying $50,001–$100,000 in Coinbase on June 24. Trump also sold Strategy positions on June 23 and 24 ($1,001–$50,000 total),

According to semi-annual reports from South Korean securities firms, Yuanta Securities executive Lee Jong-seok, who heads retail operations, received 22.72 billion won in the first half of 2026, with 22.71 billion won paid as a bonus. His total compensation was more than 24 times higher than Yuanta Securities CEO Luo Zhifeng's 929 million won for the same period. Other major securities companies also reported significant executive compensation. Mirae Asset Securities executives Kim Mi-seop and H

According to E-Daily, on August 19, SK Hynix announced a 40 trillion won share repurchase and cancellation plan. The company will acquire 24.07 million shares, representing 3.3% of outstanding shares, with completion targeted by November 19. Single-stock leveraged ETFs tracking SK Hynix surged 9.87% during the week of August 13-20, topping domestic equity fund performance rankings. Samsung Asset Management's KODEX SK Hynix Leveraged ETF led gains, while SK Hynix shares climbed 6.15% over the sam

According to data from the Bank of Korea presented to lawmakers on August 23, South Korean non-financial companies' net dollar sales surged to $10.965 billion in Q2 2026, nearly quadrupling from $2.947 billion in Q2 2025. Gross dollar sales reached $263.59 billion, up 71.5% year-over-year, while dollar purchases totaled $153.94 billion, increasing 23.9% compared to the same period last year.

According to Foresight News, Keeta Network CEO Ty issued a statement on August 23 following a recent security breach, stating that investigators have identified evidence to trace the attacker's identity, including IP addresses, VPN and VPS infrastructure details, email addresses, and software information. The statement demands the attacker return all stolen funds within 72 hours, accepting KTA, ETH, or USDC. If funds are fully returned, Keeta will offer a bug bounty reward and waive legal action

According to ChainCatcher and GMGN data, on August 22, Meme tokens on Solana, BNB, and Robinhood blockchains recorded trading volume exceeding $310 million. Solana led with $159 million (51.2% of total), followed by BNB at $83 million (26.8%), and Robinhood at $68 million (22.0%). Top three Meme projects by volume were CATE, CASHCAT, and Niulai, while overall daily trading volume declined 13.0% compared to the previous day.

According to the U.S. Office of Government Ethics disclosure published on August 23, Trump conducted over 1,000 securities transactions in June with a total value between $78.1 million and $263.1 million, including cryptocurrency-related stock trades. Trump sold Coinbase shares on June 12, 18, and 23 (with values ranging from $1,001 to $250,000 combined), then repurchased Coinbase worth $50,001 to $100,000 on June 24. He also sold Strategy shares totaling $16,001 to $65,000 on June 23-24, and pu

According to Ken Griffin's letter to clients on Friday (August 21), Citadel has disposed of over 80% of the portfolio risk acquired from Situational Awareness hedge fund, with market value exceeding $4 billion. The fund executed the sales across more than 100 block trades involving 10 different stocks, which Griffin described as among the largest single-day block trades of the year.

According to Ray Dalio, founder of Bridgewater Associates, the U.S. could face a debt crisis within 3 years, as reported by CNBC on August 21. Dalio advised investors to reduce exposure to U.S. Treasury bonds and increase allocations to gold and Bitcoin to mitigate risk.