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
06:52

Nvidia Considers Multibillion-Dollar Investment in Perplexity; AI Startup's Valuation Exceeds $300B

According to The Information on Sunday (August 23), Nvidia is in discussions to invest billions of dollars in Perplexity as part of an equity financing round that would value the AI startup at over $300 billion. This represents a more than 50% valuation increase from Perplexity's prior funding round a year ago. The startup's annualized revenue has surged to over $750 million from less than $250 million at the start of the year, with growth partially driven by its Perplexity Computer product.
06:51

South Korea's FIU Issues Stricter Rules on Crypto Personal Wallet Transfers on August 19

On August 19, South Korea's Financial Intelligence Unit (FIU) issued supervision regulations restricting virtual asset transfers to personal wallets. High-risk transactions will be prohibited, with transfers limited to wallets under the customer's own name. The rules codify what was previously self-regulated by crypto asset businesses. For overseas exchanges, the FIU established a three-tier risk classification system: low-risk exchanges may conduct transfers if they comply with international AM
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06:51

Grayscale Zcash ETF to List on NYSE Arca on August 25 with 2.5% Annual Fee

According to Grayscale's Form 8-K filed on August 21, the Grayscale Zcash Trust is anticipated to begin trading on NYSE Arca on or about August 25 under ticker ZCSH, subject to regulatory approvals. Amendment No. 5 to the trust's Form S-3, filed the same day, sets the sponsor's annual fee at 2.5% of the net asset value basis. The trust held approximately US$155.16 million in net assets as of June 30, with Coinbase Custody Trust Company holding the ZEC and Bank of New York Mellon serving as trans
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06:50

Semiconductor Stocks Shift to Structural Growth Plays Amid AI Demand, Expert Warns Against PER-Only Valuation

According to an Edaily interview on August 19, data and AI expert Chung Hun, former vice president of Seoul Valuation Information, said semiconductor stocks are transitioning from cyclical to structural growth assets as AI demand surges and companies improve profitability. Chung cautioned individual investors against judging semiconductor stocks solely by price-to-earnings ratios, noting that cyclical industries often see higher PERs when companies invest heavily in capacity expansion to meet de
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06:49

Korea Exchange to Decide on Interim Dividend on August 28, Per-Share Payout of 5,000 Won Expected

According to financial industry sources, Korea Exchange will hold a board meeting on August 28 to decide on the scale and implementation of this year's interim dividend. If approved, it will mark the third consecutive year of interim dividend distribution since the company first introduced it in 2024. The per-share dividend is expected to increase approximately 50% compared to last year, driven by stock trading volume in the first half of 2026 reaching nearly three times that of the same period
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06:46

Ethereum Foundation Sponsors WPPT 2026 Privacy Workshop in Hong Kong, December

According to its official announcement, the Ethereum Foundation will sponsor the first Workshop on Privacy-Preserving Technologies (WPPT 2026), a satellite event of Asiacrypt 2026 held in Hong Kong in December 2026. The workshop, organized by Ethereum Foundation personnel, focuses on privacy-related topics including zero-knowledge proofs, multiparty computation, and blockchain privacy systems, aiming to bridge theoretical research and practical deployment. The foundation is now accepting paper s
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ETH2.69%
06:46

NVIDIA AI Server Prices to Rise Over 15% Next Year as Memory Costs Soar; DRAM Up 64%, HBM Premium Exceeds 300%

According to Bloomberg, NVIDIA informed major customers that AI server prices incorporating its latest Vera Rubin and Grace Blackwell chips will increase over 15% for systems shipping in early next year, driven primarily by surging memory chip costs. DRAM contract prices jumped 64% in Q2 2026, while HBM premium exceeded 300%. Single AI servers require 8 to 10 times more DRAM capacity than traditional servers, making memory configuration a critical cost variable.
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06:45

Deutsche Bank Warns Global Bond Markets Face Risks Amid High Oil Prices on August 24

According to Jin10, Deutsche Bank rate strategist Hauke Siemssen warned on August 24 that global bond markets remain vulnerable due to elevated oil prices and mounting fiscal concerns, with yield curves across all tenors testing multi-year highs. Siemssen expects upcoming U.S. PCE inflation data and policy signals from this week's Jackson Hole Economic Symposium to provide fresh market guidance.
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06:43

Besu Patches 5 Security Vulnerabilities in v26.7.1 Released July 27

According to ChainCatcher, Ethereum client Besu released version 26.7.1 on July 27 to patch five security vulnerabilities discovered by CertiK, with four detailed security advisories published on August 14. The disclosure followed an 18-day buffer period allowing node operators to upgrade before vulnerability details were made public. If left unpatched, the flaws could allow attackers to exhaust node memory or thread resources, compromising node availability and consensus processing.
ETH2.69%
06:42

UK Court Shuts Down Crypto Company Key Coin Assets After 9 Investors Lose Over £300,000

According to Bitcoin.com, UK courts have shut down cryptocurrency company Key Coin Assets following complaints from 9 investors who lost over £300,000. The investigation found the company had no visible legitimate trading activity and displayed characteristics of a Ponzi scheme. Investor funds were transferred to the personal accounts of company directors, the firm repeatedly changed addresses, and it falsely reported assets of £42 million. The UK Financial Conduct Authority (FCA) had already fl
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06:41

Tencent IEG Restructures AI Gaming Team to Focus on Video World Models, Plans to Expand Headcount to 400-500

According to Beating, Tencent's Interactive Entertainment Group (IEG) has restructured its AI gaming team by consolidating its ARC Lab with the existing gaming AI division, with a focus on video world models and AI-native game development. The reorganized department will cover audio-visual foundation models, data, video world models, agents, and product research, drawing organizational inspiration from Bytedance's Seedance and Kuaishou's kling. The team currently consists of approximately 100 pe
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06:41

U.S. Treasury Debt Purchases May Hinder Fed's 2% Inflation Target, Swissquote Strategist Warns on Aug 24

According to Swissquote strategist Ipek Ozkardeskaya, U.S. Treasury bond purchases aimed at lowering yields may prevent markets from fully pricing inflation and fiscal risks, potentially limiting their reaction to Federal Reserve policy decisions on Aug 24. This could increase difficulty for the Fed to bring inflation back to its 2% target. Ozkardeskaya added that the Jackson Hole Economic Symposium this week may clarify how the Fed will integrate government fiscal policy into its own decisions.
06:40

China Gold Association Visits Shanghai Gold Exchange on August 21 to Discuss Strategic Cooperation

According to Jin10, on August 21, Yan Diyong, party committee secretary and vice chairman of the China Gold Association, led a delegation to visit Shanghai Gold Exchange to meet with Kong Yan, deputy party committee secretary and president of the exchange. The two sides held in-depth discussions on national financial strategy, gold industry upgrade, and market stability, further strengthening cooperation consensus.
06:37

South Korea Margin Financing Balance Rises to 32.4 Trillion Won as of August 21

According to Korea Financial Investment Association, as of August 21, margin financing balance rose to 32.4 trillion won, up 522.3 billion won from the previous day. This marked the first time the balance entered the 32 trillion won range since August 30 last month, reflecting renewed margin investing activity as the domestic stock market showed gradual gains.