Gate Crypto Flash News and Market Updates

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.

According to Korea Investment Securities analyst Choi Go-un, South Korean airlines' Q2 2026 earnings outperformed expectations despite the U.S.-Iran conflict driving crude oil prices higher. Combined industry fuel costs rose 1.6 trillion won year-over-year, yet operating profit declined only 600 billion won. Korean Air posted the sole operating profit of 261.8 billion won despite fuel expenses doubling, while Jeju Air maintained losses similar to prior year levels. International airfare increase

According to Onchain Lens, Wintermute transferred approximately $57 million in BTC and SOL to Binance and Coinbase in what appears to be a sale. The transfers included 129,500 SOL worth roughly $12.42 million and 169.5 BTC valued at approximately $13.11 million to Binance, along with 407.47 BTC worth about $31.36 million sent to Coinbase.

According to on-chain analyst Yujin, F2Pool co-founder Wang Chun transferred 12,800 ETH (worth $28.73 million) to Binance and subsequently withdrew $87.68 million USDC to repay borrowings on Spark protocol.

According to Goldman Sachs data, Ulanqab, a city in Inner Mongolia, has committed to combined data center capacity of 12.5GW across operational, under-construction, and planned facilities, surpassing OpenAI's initial 10GW Stargate target. However, only approximately 1.2GW is currently operational. Over 70% of the capacity commitments were added in the past year, driven by DeepSeek's planned 1GW data center, Xiaohongshu's consideration of a 600MW project, and entries by ByteDance and Alibaba.

According to on-chain analyst Yanjin, F2Pool co-founder Wang Chun's address transferred 12,765 ETH (approximately $28.73 million) to Binance on August 23 amid a recent three-day rally. The address subsequently withdrew 87.68 million USDC to repay borrowings on Spark protocol. The wallet currently holds approximately 65,000 ETH (about $159 million) and 1,000 WBTC.

Gate News message, a whale trader is holding $21.4 million in unrealized profits from long positions in BTC and ETH on Hyperliquid. The trader opened a 1,000 BTC long position 47 days ago, currently showing $14.8 million in profit, alongside a 10,000 ETH long position generating $6.58 million in profit. The combined value of these positions stands at approximately $101.35 million.

According to Washington Post, the number of U.S. military personnel wounded or killed in the war in Iran has risen to 774.