Gate Crypto Flash News and Market Updates

Samsung Electronics and SK Hynix have announced record-breaking shareholder returns in 2026, spurring the launch of new exchange-traded funds focused on Samsung and SK group companies. The new ETF products target both holding companies and financial subsidiaries to capture benefits from semiconductor leaders while providing diversification across group entities. International markets are also preparing to launch Samsung group ETFs as investors seek exposure to the shareholder return benefits.

Angelo Ciaramello, founder of The Funded Trader, announced on August 21 that he has shut down Rev One Trading, his futures prop firm, and is moving his focus to prediction markets. Ciaramello cited poor technology infrastructure as the primary reason for the closure, stating that the lack of suitable platform options limited the firm's ability to scale. "We built an amazing product but did not have a top platform option, which hurt our ability to scale," he wrote, adding that it was time to "ret

According to ChainCatcher citing Onchain Lens, Wintermute deposited 1,279.99 BTC to Binance over the past 18 hours through eight transactions, valued at approximately $98.68 million. The most recent transfer included 90.1 BTC, worth about $6.97 million, completed approximately 30 minutes ago.

According to Maeil Business Newspaper, on August 23, Kiwoom Asset Management announced plans to launch the 'KIWOOM Samsung-SK Group TOP4+' exchange-traded fund on September 1. The ETF allocates 50% of its portfolio to Samsung Electronics and SK Hynix, with the remaining allocation split among Samsung SDS, SK Square, Samsung C&T, Samsung Life, and SK holdings. Meanwhile, U.S. fund manager Roundhill, known for its semiconductor-focused ETFs, filed for regulatory approval on August 12 to launch the

According to CBS, Minneapolis Federal Reserve President Neil Kashkari, a prominent hawk within the U.S. Federal Reserve, said on Aug 23 that the U.S. Treasury market is functioning normally, citing "all signs" of orderly market operations despite a recent spike in Treasury yields.

According to Hana Securities analyst Lee Jae-man on August 24, rising global bond yields create an opportunity for companies prioritizing shareholder returns through share buybacks and dividend expansion. In high-rate environments, markets favor improved return on equity (ROE) through increased financial leverage rather than growth investments. Apple and Alphabet exemplify this divergence. Over the latest four quarters, Alphabet deployed $229.2 billion in capital spending, primarily on facilitie

According to Korea Exchange, KOSPI closed at 6,912.95 on August 21, just 87.05 points below the 7,000-point milestone, with trading volumes hitting year-low levels. Daily average turnover in August through August 21 stood at 0.56%, the lowest this year, while average daily trading value fell to 26.54 trillion Korean won from 36.87 trillion won in July. Market breadth remained weak despite the index's modest 0.88% gain on August 21: only 193 stocks advanced while 683 declined, signaling that larg

According to Newsis, U.S. long-term Treasury yields spiked on August 18 amid heightened Middle East tensions, with the 30-year yield rising to 5.33% and 10-year yield trading around 4.71%. South Korea's KOSPI index plunged 5.80% to 6,471.17, with foreign investors reversing course to sell 3.5 trillion won in a single session; semiconductor giants Samsung Electronics and SK Hynix led the decline. The U.S. Treasury Department's announcement on August 19 to expand long-term debt buybacks stabilized

According to Iran's Supreme National Security Council Secretary Reza Zaeif, on August 22, any country participating in economic restrictions against Iran will be viewed as an enemy. Zaeif warned the world not to join the United States in an economic war against Iran, describing the Trump administration's campaign as both economic and propaganda warfare. He stated that despite months of U.S. maritime blockade, Iran has successfully sold oil and learned to circumvent sanctions.

Canadian Prime Minister Chrystien Freeland announced on August 22 that equivalent retaliatory tariffs on U.S. goods will take effect on September 8 in response to American tariffs. The move follows U.S. imposition of 50% tariffs on C$200 billion in Canadian goods. The retaliatory measures will cover multiple sectors including dairy, steel, appliances, pulp and paper, and electronics.

According to Korea Exchange on August 24, the SOL Cosmetics TOP3 Plus ETF surged 30.09% this month, becoming the top-performing listed ETF in South Korea. The rally reflects shifting investor demand from semiconductor-focused positions toward sectors with improved earnings performance.

According to Chosun Biz, on August 20, Stick Investment, the second-largest shareholder of electric vehicle fast-charging infrastructure operator Chaabi, encountered significant difficulties recovering over 100 billion won (approximately $750 million USD) invested in the company following its IPO. Despite implementing hedging mechanisms including put options to protect against losses, Stick faces substantial unrealized losses as Chaabi's share price has declined since the public listing.

According to Syria's state news agency, Syria reiterated that the Golan Heights constitute occupied Syrian territory and that the timing to discuss its final status remains premature.

According to the Syrian National News Agency, Syria stated today that its primary objective is for Israeli forces to withdraw to the border lines that existed before December 8, 2024, and to fully implement the 1974 Disengagement Agreement between Syria and Israel.

According to blockchain security firms PeckShield and CertiK, Term Finance's vaults were drained of approximately $8.5 million on Sunday after a governance exploit allowed an attacker to withdraw 2,843 ETH and 1.68 million USDC. The attacker converted the USDC to DAI and subsequently moved funds through a mixing protocol, according to PeckShield's on-chain analysis. The reported loss represents roughly 68% of the vaults' total value locked across all chains and nearly all Ethereum-denominated TV

China's chicken prices rose to 22.45 yuan per kilogram in the third week of August, marking two consecutive weeks of gains with a week-on-week increase of 0.1% and year-on-year gain of 0.2%. Driven by avian influenza and geopolitical disruptions affecting global poultry supply, Chinese chicken exporters capitalized on the opportunity through diversified products, competitive pricing, and high adaptability, resulting in a surge in export volumes.

According to Syria's state news agency, Syrian and Israeli delegations held talks in Jordan on Sunday (August 23) to discuss establishing mechanisms to halt Israeli aggression and restart negotiations. The meeting aims to reach a security agreement that would serve as the foundation for a broader accord, according to Syrian diplomatic sources.

According to Shanghai Securities News, on August 24, Alibaba completed pricing of an 80 billion Hong Kong dollar (approximately 10.2 billion US dollar) equity offering at HK$112.70 per share, raising 710 million shares. The net proceeds will be fully allocated to investment in full-stack AI capabilities and strengthening AI infrastructure. The offering involved participants including China International Capital Corporation, HSBC, Morgan Stanley, and UBS, with sovereign wealth funds from the Midd

On Aug. 23, economist and gold advocate Peter Schiff warned that artificial intelligence could threaten Bitcoin by competing with miners for electricity, capital, and data-center infrastructure. Schiff, a longtime Bitcoin critic, said on social media platform X that AI companies and bitcoin miners are rivals for speculative investment and computing power, rather than complementary technologies. Schiff also argued that increasingly powerful AI could discover vulnerabilities in Bitcoin's code or c

U.S. House Speaker Mike Johnson said he expects the Iran conflict to enter a new phase soon and believes allied nations will help the U.S. conclude the conflict. During an interview, Johnson stated: "I believe we will enter a completely new phase very soon. I am confident our allies will provide assistance in the next phase, and we will ultimately resolve this matter."