Gate Crypto Flash News and Market Updates

According to Jin10, on August 14, Bank of Communications' group, as a lead underwriter, helped Shanghai Electric issue the first enterprise offshore RMB bond in the market, totaling 1.5 billion yuan, marking the debut listing of offshore RMB bonds on Hong Kong Exchanges and Clearing.

According to FlashRescue co-founder Darcy, a Hyperliquid user lost approximately $550,000 in USDC on August 13 after interacting with a phishing website promoted through a paid Google search advertisement. Blockchain data showed the funds split across three transfers: $440,015, $82,503, and $27,501 to addresses controlled by the attacker. The malicious ad directed the user to a website impersonating Hyperliquid's decentralized trading platform, where attackers obtained wallet credentials or auth

According to a new SEC filing released on August 13, 2026, Elon Musk holds 48.4% of SpaceX (approximately 6.42 billion shares worth over $900 billion) but commands 82% of the company's voting power. The stake comprises trusts holding 4.77 billion Class A and B shares, 1.30 billion directly held restricted Class B shares, and options on 350 million Class B shares. Musk noted that part of his holding vests only upon extreme outcomes for SpaceX, including multitrillion-dollar valuations and Mars se

According to informed sources, Citigroup senior banker Alexander Schrantz has rejoined Goldman Sachs, where he previously worked for 19 years before joining Citigroup in 2012. Schrantz, who recently became a member of Hong Kong Exchanges and Clearing's listing committee, had served as head of corporate finance for North Asia, Australasia and South Asia at Citigroup. Schrantz's departure marks another senior-level exit from Citigroup's Hong Kong office amid the bank's struggle to revive its Asia

According to Zhitong Finance, DBS announced that Sebastian Paredes, head of DBS North Asia and CEO of DBS Hong Kong, will retire on March 1, 2027, and transition to senior adviser. Sier Han Ng, currently CEO of DBS Taiwan, will assume the position of DBS Hong Kong CEO on the same date, subject to regulatory approval. Paredes has served as DBS Hong Kong CEO since September 2010 and led the bank's North Asia operations, which recorded record net profit of HK$9.6 billion in 2025.

According to Edaily and data provider MP Doctor, South Korea's KOSPI index rose 124.52 points (1.83%) to 6,937.86 on August 14, earlier breaking above the 7,000 level intraday. Foreign investors led buying momentum with net purchases of 2.034 trillion won, while semiconductor giants Samsung Electronics climbed 0.56% to 269,500 won and SK Hynix surged 2.82% to 1,638,000 won. U.S. July producer prices came in below market expectations, bolstering expectations for a potential rate hold in September

According to Financial News and Nice Credit Rating, on August 14, Lotte Rental's controlling shareholder is set to change from Lotte Group to global private equity firm TPG, triggering potential early repayment risks for 961 billion won in outstanding bonds. Lotte Rental issued bonds containing change-of-control clauses that allow bondholders to demand early redemption if ownership transfers. Lotte Hotels and Busan Lotte Hotel sold 22.21 million Lotte Rental shares (61.17%) to TPG for 1.31 trill

According to Jin10 Futures, as of August 13, China's LNG outlet transaction average price for the week fell to 5,515.48 yuan/ton, down 27.36 yuan/ton or 0.49% from the previous week. Weak demand during the traditional consumption off-season, combined with logistics disruptions from recent rainfall and declining trucking turnover, pressured terminal purchasing. Liquefaction facilities attempted to maintain prices in late week, but insufficient downstream support limited gains.

OKX on August 14 upgraded its TradFi market data functionality, launching a "Company" and "News" module for tokenized stocks. The Company module enables users to view company profiles, financial data, shareholder information, and dividend details, while the News module aggregates articles, research reports, and analyst insights. The upgrade also added 20+ common indicators including price-to-earnings ratio, price-to-book ratio, market cap, earnings per share, and dividend yield.

According to a Nomura Securities report on August 12, Lumentum's June quarter revenue surged 109% year-over-year to $1.01 billion, with component revenue up 103% to $649 million. Narrow-linewidth laser shipments grew over 130%, while pump laser shipments increased 80% with projected further 4x growth in coming quarters. The company holds 70-80% market share in pump lasers, with 200G EML (externally modulated lasers) accounting for over 25% of revenue and expected to exceed 50% by mid-2027. OCS (

According to TASS, Russia's Defense Ministry stated it has struck a train station at Izmail port in Ukraine used for transporting military supplies.

According to sources, the Bank of Japan will raise interest rates as early as September and is considering accelerating the pace of subsequent hikes, Reuters reported.

According to Guru Club, Singapore's benchmark index fell 1.2% to 5,076.81 points on June 4.

Zhipu released GLM-5.3 model on August 14, leveraging the same base architecture as GLM-5.2 with performance gains driven by post-training optimization. The model demonstrates 50% improvement in coding capability on internal benchmarks and more than double the performance on vulnerability exploitation tasks compared to GLM-5.2. Model weights will be published two weeks after security assessment and reinforcement are completed.

According to sources, Japan's central bank may raise interest rates as early as September and considers accelerating the pace of subsequent rate hikes.

According to Trezor, on August 10, the company discovered that fulfillment provider ShipMonk's unauthorized breach exposed personal information of 13,689 customers. Of those affected, 11,742 customers had their names, email addresses, phone numbers and shipping addresses exposed, while another 1,947 had partial records including names, cities and email addresses compromised. Trezor's own infrastructure, devices and wallet backups were not affected. The breach poses physical security risks, as sh

According to Foresight News, Cardano wallet service SecondFi announced it will cease operations and has launched a wallet migration tool on August 13. The tool enables users to transfer remaining Cardano assets—including ADA, native tokens, and NFTs—to their chosen Cardano wallet. Non-Cardano assets require separate handling. The tool has passed independent security assessment by Bitdefender. SecondFi plans to launch its recovery process by September 10, allowing users affected by the June 2026

According to BlockBeats, on August 14, Bitcoin chips acquired in 2025 have decreased 41.5% from their December peak, leaving approximately 4.77 million BTC remaining, according to on-chain analyst Murphy. The decline reflects holders cutting losses, as most 2025 entry-level positions remain underwater. Murphy notes this cohort represents the largest potential supply overhang in the current market, while older vintages from 2024, 2023, and 2022 show flattening curves, indicating weakening long-te

According to Jin10, Philippines Central Bank Governor Eli Remolona signaled on Friday (August 14) that the central bank will moderate its pace of interest rate increases as economic growth weakens. "We see the economy slowing, which means we won't be so aggressive in fighting inflation," Remolona said at a forum hosted by the Philippine Economic Journalists Association in Manila. However, he noted that policymakers still need to see "more convincing evidence" of inflation decline before easing p

According to ChainCatcher, Metaplanet CEO Simon Gerovich disclosed that the company's H1 FY2026 revenue reached 4.94 billion yen, up 134% year-over-year. Operating profit for the period hit 3.33 billion yen, representing a 136% increase compared to the same period last year.