Gate Crypto Flash News and Market Updates

According to bond market reports, South Korea's central bank Deputy Governor Yoo Sang-dae held a press briefing on August 11 with reporters, emphasizing the importance of preemptive rate hikes ahead of his August 20 retirement. However, he stopped short of explicitly signaling back-to-back increases, leaving the bond market uncertain about the August monetary policy decision. Yoo highlighted that recent inflation stems from demand pressure tied to economic recovery rather than supply shocks, and

According to Yahoo Finance, Microsoft reported fourth-quarter revenue of $90 billion (up 18% year-over-year) on August 12, with Azure and cloud services growing 43%, demonstrating strong AI monetization. Operating income reached $40.6 billion (up 18%), while operating margin expanded. Despite significant data center expansion, Microsoft maintained disciplined capital expenditure—unlike peers Alphabet and Meta—helping analyst estimates rise since the July earnings announcement.

According to Caixin, on August 12, Tencent, GSR Ventures, Sequoia China, and other previous major shareholders of Manus bought back shares from Meta for approximately $2 billion, matching the price Meta announced for its acquisition in December 2025. Benchmark, formerly the largest shareholder, will not participate in the buyback; its stake will be acquired by Tencent, making Tencent the largest shareholder of Manus going forward. Manus is currently operating normally.

GDX gold mining ETF surged 21.3% over the past five days, reversing losses from the prior nine weeks. GLD spot gold fund recorded 15 tonnes of inflows over the same period. Open interest in gold futures remains at low levels with fewer than 400,000 contracts outstanding, suggesting significant potential buying pressure if the rally continues.

A newly identified address withdrew 2,250 ETH (worth approximately $4.23 million) from gambling platform Rollbit 10 hours ago, according to on-chain data. Rollbit, a cryptocurrency betting platform established in 2020, processed the withdrawal through the monitored address 0x752…C2cEf. The purpose and identity of the receiving address remain unconfirmed due to limited transaction history.

According to Yonhap Infomax, South Korean President Lee Jae-myung outlined a national strategy on August 12 to foster seven advanced technologies as next-generation growth engines. The so-called '7 SEED' initiative covers small modular reactors (SMR), nuclear fusion, renewable energy, quantum technology, aerospace, advanced biotechnology, and advanced materials and semiconductor supply chains. The briefing, held at the Presidential Office, aims to address the AI-driven industrial transformation

According to Mirae Asset Securities, the South Korean brokerage recorded consolidated net profit of 1.9 trillion won in Q2 2026, marking the second consecutive quarter surpassing 1 trillion won in quarterly net income—a first in the securities industry. Q2 pretax profit reached 2.53 trillion won, up 86% quarter-over-quarter. For the first half of 2026, cumulative net profit hit 2.91 trillion won, up 338% year-over-year. The company attributed strong performance to stable growth across wealth man

According to Yonhap Infomax, Bank of Korea Deputy Governor Yoo Sang-dae will complete his tenure on August 20, 2026. During his three-year term that began in August 2023, Yoo navigated multiple financial shocks including the real estate project finance crisis in late 2023, the yen carry trade unwind in August 2024, the emergency martial law in December 2024, U.S. tariff impacts in April 2025, and heightened won volatility amid Middle East developments in March 2026. In May 2026, Yoo signaled a p

Today (August 12), President Trump brushed off a reporter's question about whether he would run for a third term, saying he would love to do so but U.S. law prohibits it. "Everybody wants me to do it, but the law is very strong," Trump said.

According to ChainCatcher, citing on-chain analyst Onchain Lens, Lighter's team-associated wallet transferred 1,870,000 LIT to a new address, valued at approximately $4,570,000 at current prices.

According to The Fact, the Korea Exchange held meetings with asset managers and securities firms on August 10 to discuss the planned September 14 after-hours ETF trading launch. All participants reportedly expressed opposition, citing concerns over lack of real-time intraday net asset value (iNAV) data after regular market close, which could widen gaps between market prices and fund values. Liquidity providers also face heightened risks from potential price management difficulties during after-h

According to Onchain Lens, Bitwise purchased 28,085.8 HYPE tokens (approximately $1.52 million) from Nonco overnight on August 12 to hold for its ETF clients, transferring the tokens to its BHYP wallet.

OpenAI has seen five high-ranking executives depart in just over a month, with Chief Operating Officer Brad Lightcap announcing his resignation today (August 12). The departures include Ethics Head Chloé Bakalar, Safety Systems Lead Johannes Heidecke, Chief Futurist Joshua Achiam, and Fidji Simo, identified as the company's second-ranking executive.

According to CoinGecko, Ravencoin dropped to a record low of $0.002754 on Wednesday, down 22% from a 24-hour high of $0.003529, as a network exploit prompted exchanges to halt RVN transfers. According to the project's statement, a consensus vulnerability caused nodes to accept invalid blocks starting at block height 4,487,776 on Friday. Mining pools 2Miners and RavenMiner are building a competing chain to exclude the exploited branch, which could trigger a network reorganization spanning approxi

According to CNBC, CME Group and Silicon Data will launch AI computing futures contracts on October 5, allowing enterprises and investors to trade and hedge GPU rental prices as they would commodities like oil and electricity. The contracts will track Nvidia H100 and Blackwell B200 GPU rental costs based on Silicon Data's hourly pricing index. Each contract represents one month of Nvidia H100 rental fees, enabling buyers and sellers to establish a public reference price for AI infrastructure res

According to a Twitter post, Nvidia signed $500 billion in financing agreements with six institutions to help customers build AI data centers, addressing surging demand for AI infrastructure.

The U.S. Securities and Exchange Commission (SEC) is planning to introduce two regulatory measures aimed at securities tokenization trading and customized issuance mechanisms for crypto investment contracts.

According to Bloomberg, Accel announced the close of $3.5 billion across four new funds for early-stage investments globally. The Global Expansion Fund raised $1.35 billion for larger early-stage rounds and follow-on investments, while the U.S. Fund and Europe & Israel Fund each raised $800 million; the India Fund closed at $550 million. Accel has previously backed AI companies including Anthropic, Cursor, and Perplexity.

According to MSX.COM data, major U.S. AI-related stocks rallied on today's market close, with the Dow Jones index down 0.34%, S&P 500 down 0.32%, and Nasdaq down 0.6%. KLAC led gainers with a 4.01% increase, followed by Teradyne up 3.96%, Symbotic up 3.94%, ASML up 3.8%, and AeroVironment up 3.63%.

According to Yonhap Infomax, South Korea's Financial Services Commission announced on August 11 that the Financial Supervisory Service will restructure its inspection framework, limiting regular inspections to prudential reviews while shifting compliance checks to ad-hoc inspections only. The overhaul aims to reduce burden on financial institutions and shift focus from enforcement-driven oversight to advisory and improvement-focused consulting inspections. The FSS will also incorporate consultin