Gate Crypto Flash News and Market Updates

According to Lookonchain, an Ethereum ICO participant at address 0x6A53 deposited 0.1 ETH to Coinbase today after remaining dormant for 11 years. The address invested just $620 during the ICO and received 2,000 ETH, now worth $3.83 million, representing a 6,184x return.

According to Newsis, South Korea's ETF market experienced significant contraction in July, with total net assets declining by 77.9 trillion won (15.2%) from the end of June. As of July 31, the total net assets of domestically listed ETFs stood at 434.6 trillion won, marking a sharp drop over the one-month period. Data from the Korea Exchange showed that 902 of 1,133 listed ETF products declined during the month, accounting for 79.26% of the market. Among the declining funds, more than 535 record

According to Korea Exchange and Financial Supervisory Service disclosures, as of August 7, 163 listed companies face delisting procedures following stricter valuation requirements implemented by the government. Stock prices below 1,000 won affected 131 KOSDAQ and 32 KOSPI companies, while market capitalization shortfalls impacted 41 KOSPI and 194 KOSDAQ firms—representing 10.6% of all KOSDAQ-listed companies. The exchange raised market cap thresholds in early August, increasing KOSPI minimum fro

According to iRhythm Holdings, the cardiac monitoring device maker announced on Aug 7 that it will acquire VitalConnect for $287.5 million, comprising $237.5 million in cash and $50 million in stock. The acquisition will give iRhythm access to VitalPatch, a wearable patient monitoring patch that tracks vital signs for up to one month, extending the company's monitoring capabilities beyond hospital settings. VitalPatch can monitor approximately 12 vital signs including respiratory status and body

According to Korea Exchange data, Kosdaq leveraged ETFs surged 59% to 63% during the week of July 31-August 7 as regulatory tightening on single-stock leveraged products redirected investor capital. South Korea's financial authorities raised the minimum deposit requirement for single-stock leveraged ETFs from 10 million won to 30 million won on July 31, triggering a sharp decline in speculative trading on individual large-cap stocks. Trade volumes in 16 single-stock leveraged products plummeted

According to Reuters and Korea Exchange, shares of South Korea's Hanwha Q Cells surged 33% this week through August 7, driven by U.S. trade policy targeting Chinese solar manufacturers. The surge began August 5 after the U.S. Department of Commerce announced a 15% tariff on polysilicon and related derivatives, signed by President Trump on August 6. On August 7 alone, the stock rose 26.8% to reach 38,550 Korean won. Hanwha Q Cells benefits from an established non-China polysilicon supply chain, p

According to South Korea's financial industry on August 9, two newly listed companies recorded subscription rates far below historical averages. Fashion B2B platform Delicious saw a 10.29-to-1 subscription ratio, while biopharmaceutical firm IngeniaTherapeutics achieved only 3.09-to-1, compared to this year's average of 1,768.7-to-1. Analysts attribute the sharp decline to unusually low mandatory holding commitments from institutional investors. IngeniaTherapeutics recorded just 2.23% institutio

According to Techcrunch, presentation startup NextSlide announced it has joined OpenAI, with the team now working on ChatGPT-related projects. The acquisition occurred earlier this year, though the announcement was released several months after the transaction closed. NextSlide's product converts prompts, notes, documents, or research materials into editable presentations. Financial terms of the deal were not disclosed. Founder Ahmed Beshry said the team will continue developing AI products to h

According to Lookonchain, an Ethereum ICO participant (address 0x6a5...5e5) deposited 0.1 ETH to Coinbase on August 9 after 11 years of dormancy. The address originally invested just $620 in the 2015 ICO and received 2,000 ETH, which is now valued at $3.83 million—a return of 6,184 times.

According to Odaily, South Korea's stock market volatility index fell to a two-month low last week as forced liquidations and stricter regulatory limits on leveraged ETFs cleared excess leverage positions. Morgan Stanley estimates the deleveraging process is now more than 50% complete. The KOSPI index has declined nearly 40% from its June peak, while global funds have sold over $100 billion of South Korean stocks this year, reflecting a broader de-risking trend in emerging markets.

According to Onchain Lens monitoring, a whale spent approximately $169,700 to purchase 170,000 'No' shares, betting against MrBeast securing the 2028 Democratic presidential nomination. The address has accumulated losses of approximately $680,700 with a win rate of 42%.

According to statements from Amazon founder Jeff Bezos and CEO Andy Jassy, the company plans to launch its next-generation AI chip Trainium4 in 2027. Bezos told Fortune that chip business will become a long-term pillar alongside Marketplace, Prime, and AWS. At Amazon's Q2 2026 earnings call, Jassy disclosed that the AI chip and custom silicon business generated over $25 billion in annualized revenue, with over $225 billion in multi-year customer commitments.

According to ChainCatcher, analyst Ali noted that the TD Sequential indicator recently displayed two buy signals on Ethereum's monthly chart, identified as 'Black 9' and 'S13'. Historical data shows the indicator has corresponded with trend reversals multiple times over the past four years, including a 236% gain following a buy signal in September 2022 and a 258% increase after a buy signal in April 2025.

According to multiple sources, on August 9, the closure of the Strait of Hormuz led to a 75% decline in Iraqi oil exports. The United Arab Emirates' ADNOC reported that one of its tankers was struck by a missile attack while transiting the strait early Saturday morning; the company stated the situation is now under control. U.S. Vice President Vance said Iran has informed the United States it will not impose transit fees through the strait, despite earlier statements from Iranian officials sugge

According to the Korea Exchange and Financial Supervisory Service, 38 KOSDAQ-listed companies and 10 KOSPI-listed companies disclosed delisting risk on August 9, as share prices fell below 1,000 Korean won as of August 7. The disclosure follows the implementation of stricter penny stock delisting rules that went into effect on August 1. Under the new requirement, companies with share prices below 1,000 won for 30 consecutive trading days will be designated as managed securities. A total of 131 K

According to a post on X on Aug. 7, Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), identified digital credit as the next billion-dollar business opportunity in finance. The post included effective yields for Strategy's four preferred securities: Stride Preferred Stock (STRD) at 15.29%, Stretch Preferred Stock (STRC) at 12.63%, Strike Preferred Stock (STRK) at 12.08%, and Strife Preferred Stock (STRF) at 10.38%. Strategy classifies these securities as digital credit products,

According to its H1 2026 earnings release on Aug 7, Desai Technology (02526) reported total revenue of approximately 109 million yuan for the first half of 2026. Model services revenue surged 101.1% year-over-year and accounted for 86.9% of total revenue, while the company's overall gross margin reached 74.1%.

According to Ledger on August 9, BIP-110 is a proposed Bitcoin soft fork that lacks built-in replay protection. If it forms as an independent chain, BTC holders may receive equivalent assets on the new chain, but both networks could initially accept identical signed transactions. Transferring or selling BIP-110 fork assets could expose those transactions to replay attacks on the Bitcoin mainnet, potentially triggering unintended BTC transfers. Ledger advised users against claiming or operating B

According to Iran's state-run Mehr News Agency, a video of Supreme Leader Ayatollah Khamenei was released on August 8. The video was shared on social media by the news agency. (Source: Xinhua News Agency)

According to Yirou Monitor, a suspected miner address deposited 6,494 BTC (worth approximately $421 million) to Binance over the past 20 days, with an average entry price of $64,798. The address transferred 2,802 BTC (worth $182 million) within the past two days alone.