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
05:54

Wintermute Reduces Hyperliquid Short Exposure from $211.53M to $80.48M

According to Onchain Lens, market maker Wintermute reduced its short exposure on Hyperliquid from $211.53 million to $80.48 million on August 26. The firm currently holds $80.48 million in short positions and $5.51 million in long positions, with HYPE short holdings increasing from $5.6 million to $10.2 million.
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05:51

South Korea's Financial Services Commission Reviews 1-Exchange-1-Bank System After Phase 2 Implementation

According to a parliamentary committee report released today (August 26), South Korea's Financial Services Commission stated that the current 1-exchange-1-bank system—requiring each virtual asset exchange to partner with a single bank for real-name transaction accounts—requires review after the implementation of Phase 2 legislation. The FSC noted that the system's impact on money laundering and market structure remains unclear, and a comprehensive reassessment should be conducted after Phase 2 r
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05:51

GS Construction Target Prices Raised to 50,000 KRW Today on AI Data Center Prospects

According to multiple brokerages in South Korea today (August 26), GS Construction's stock target prices were raised amid optimism over the GS Group's planned Donghae AI data center (AIDC) project. Hana Financial Investment raised its target from 41,000 KRW to 50,000 KRW, while Daishin Securities increased guidance from 36,000 KRW to 44,000 KRW. NH Investment and Kiwoom Securities maintained "buy" ratings at 42,000 KRW and 43,000 KRW respectively. The 1.2-gigawatt first phase of the Donghae AIDC
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05:49

Hyundai Motor Announces 790 Billion Won Share Buyback, Stock Falls 2% on August 26

According to Yonhap News, Hyundai Motor announced a share buyback plan worth approximately 790 billion won on August 26, accounting for 0.92% of its market capitalization. The buyback, scheduled for August 31, will involve 2.505 million shares. Despite the announcement, the stock declined 2.02% to 412,500 won on the day, suggesting market expectations for larger shareholder returns amid recent aggressive buyback announcements from major South Korean corporations.
05:45

ECB Needs Further Rate Hikes to Contain Inflation Risks, Schnabel Says

According to Jin10 data, on August 26, ECB executive board member Schnabel said the central bank must raise rates further to contain inflation risks as the eurozone economy shows unexpectedly strong performance amid prolonged Middle East tensions. Consumer price inflation is likely to exceed the 2% target for an extended period, and policymakers must act early to prevent second-round effects, Schnabel warned, noting that delaying action until wage impacts emerge could require more aggressive mea
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05:43

Russian Military Aircraft Enters South Korea's ADIZ, Seoul Scrambles Fighters on August 26

According to Jin10 data, Russian military aircraft entered South Korea's air defense identification zone (ADIZ) on Wednesday (August 26), prompting South Korea to scramble fighter jets in response. This marks the second such incursion by Russian military planes into the region within weeks. South Korea's Defense Ministry confirmed that multiple Russian aircraft entered and subsequently departed the ADIZ above the East Sea, and noted that the aircraft did not violate South Korean airspace.
05:42

Salesforce's Agentforce ARR Surpasses $1.2B, Up 205% in Q1 FY2027

Salesforce's Agentforce platform saw annual recurring revenue surpass $1.2 billion in Q1 FY2027, representing 205% growth year-over-year. In a single quarter, the company signed 98 contracts with annual contract value exceeding $1 million, a single-quarter record. The company's internal deployment, Customer Zero, autonomously handled 4 million customer inquiries over 15 months, double the volume managed by human agents over the same period.
05:42

Japan Plans Blockchain System for Near-Instant Securities Settlement

According to Nikkei Asia, Japan's Financial Services Agency, Ministry of Finance and Bank of Japan are preparing to establish a research group this summer to examine a blockchain-based settlement infrastructure for securities transactions. The proposed system could enable near-instant settlement of stocks and Japanese government bonds, representing a potential overhaul of the country's securities market infrastructure. A development plan is expected by early 2027, with potential operations begin
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05:41

Bitget Launches DJT Stock Perpetual Contracts With 20x Leverage

According to Foresight News, Bitget has launched DJT (Trump Media & Technology Group) stock perpetual contracts. The contracts are settled in USDT and support up to 20x leverage with 24/7 trading availability. The platform now offers perpetual contracts for 291 stock symbols.
05:41

Walmart Rolls Out Tap-to-Pay Across US Stores; WMT Stock Under Pressure After Earnings Miss

On Aug. 24, Walmart began rolling out tap-to-pay technology at select stores and Sam's Club locations, allowing customers to pay via contactless cards, smartphones, and smartwatches including Apple Pay and Google Pay. The rollout marks a strategic shift after years of favoring Walmart Pay, with full US coverage targeted by end of 2026 and fuel stations by mid-2027. WMT shares closed Tuesday at $105.38, down 1.04%, giving back part of Monday's 2.69% rebound. Broader pressure stems from Walmart's
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05:40

India's Russian Oil Imports Fall to 2M Barrels Daily in August Amid Supply Disruptions

According to Jin10 and analytics firm Kpler, Indian refiners are cutting Russian crude oil imports this month as Ukrainian attacks disrupt supply routes. Kpler senior modeling manager Sumit Ritolia said Russia's oil shipments to India are expected to drop to approximately 2 million barrels per day in August, down from about 2.8 million barrels daily in July, reflecting reduced available supply, normalization after strong prior months, and increased competition from other regions. The reduction c
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05:38

South Korea's IMA Market Attracts 4 Trillion Won as Low-Grade Bond Demand Remains Limited

According to Shinhan Investment & Securities, South Korea's Integrated Management Account (IMA) market attracted approximately 4 trillion won in new funds as of August 26, with Korea Investment Securities, Mirae Asset Securities, and NH Investment & Securities each raising 2.8 trillion won, 300 billion won, and 520 billion won respectively. While IMA funds are expected to broaden corporate financing opportunities, actual asset allocation strategies differ significantly among brokerages. Korea In
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05:38

Koramco REIT Issues Ex-Dividend Warning as 9,000 KRW Special Dividend Precedes Sharp Stock Decline to 2,400 KRW

According to Financial News, on Aug 26, Koramco REIT issued a rare warning that its stock price may fall sharply to around 2,400 KRW per share after its ex-dividend date on Aug 28, despite announcing a special dividend of approximately 8,900 KRW per share. Investors must hold shares by the market close on Aug 27 to secure dividend rights. At closing on Aug 25, the stock traded at 10,960 KRW, representing an 8,500 KRW premium over the estimated residual asset value. Unlike typical REITs that rein
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05:37

Nvidia Unveils Jetson Orin Nano 2 With 2x Performance Boost and 40% Lower Power Consumption on August 26

According to Nvidia, the company announced Jetson Orin Nano 2 on August 26, an entry-level edge AI computer designed for robots, delivery and inspection drones, and vision AI systems. The device delivers nearly 2x the inference performance of Jetson Orin Nano Super in the same compact form factor while consuming 40% less power at equivalent performance. The module and developer kit are scheduled to be available in the first half of 2027. Jetson Orin Nano 2 supports language and vision models thr
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05:33

Emerald AI Closes $150M Series A at $1.05B Valuation, Led by Energize Capital and DCVC

According to Reuters, AI data center power infrastructure company Emerald AI announced the completion of its $150 million Series A funding round, valuing the company at $1.05 billion. The round was co-led by Energize Capital and DCVC. The startup's total funding has now exceeded $220 million, with new capital allocated for expanding commercial deployments globally across AI enterprises, data center operators, and power utilities.
05:32

Bitcoin Breaks $80,000; Coinbase Stock Gains 16% in August Rally

According to PortfoliosLab data, Coinbase (COIN) stock rallied this week as Bitcoin surpassed $80,000, gaining roughly 16% for the month. The long-run correlation between COIN and Bitcoin stands at a moderate 0.61, according to the data. Notably, Coinbase stock volatility reaches approximately 20%, more than double Bitcoin's 8.5%, meaning COIN experiences larger swings in both directions. Goldman Sachs raised price targets on Coinbase amid the rally, describing itself as "cautiously optimistic"
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