Gate Crypto Flash News and Market Updates

On August 24, China's Foreign Ministry spokesperson Lin Jian responded to media reports claiming that China was considering hosting the United Nations Climate Change Conference in 2028, stating that the government was not yet aware of such plans. Lin emphasized that the UN Framework Convention on Climate Change Conference of the Parties remains an important platform for global climate governance, and China will continue to actively support and participate in these efforts.

According to Chinese Foreign Ministry spokesman Lin Jian, on August 24, China strongly opposes attempts by the United States, the EU and other nations to interfere in Hong Kong's judicial affairs through statements on court cases. Lin stated that China has lodged solemn diplomatic representations and rejected efforts to smear Hong Kong's legal system and undermine its rule of law. The Foreign Ministry urged all parties to respect China's sovereignty, respect Hong Kong's judicial independence, en

According to the Ministry of Foreign Affairs on August 24, U.S. Treasury Secretary threatened secondary sanctions against countries trading with Iran. As a major buyer of Iranian oil, China would be directly affected. Foreign Ministry spokesperson Lin Jian stated that sanctions and coercion are counterproductive, only escalating tensions and harming all parties' interests. China calls on all sides to exercise restraint and return to dialogue and political resolution. Beijing will closely monitor

According to Jin10, China's Foreign Ministry spokeswoman Lin Jian responded on August 24 to criticism from U.S. officials targeting Chinese tech companies, characterizing the remarks as fabricated and distorted facts amounting to "tech bullying and unilateral coercion." Lin stated that Chinese tech enterprises are "trustworthy suppliers." She countered that the U.S. has conducted long-term surveillance, monitoring, and cyberattacks in Latin America and the Caribbean, making those regions feel un

According to TradingBeats monitoring, cited by BlockBeats on August 24, Hyperliquid contract futures for storage sector stocks are signaling a weak open for Monday's U.S. market session. SNDK is trading at 1,528.2 USD, down approximately 4.25% from Friday's close, while MU is at 934.58 USD.

According to Polish National Bank member Kotecki, August inflation is expected to be slightly lower than July.

Taiwan's unemployment rate stood at 3.33% in July, unchanged from the previous month's reading.

According to Odaily, Unitree-W shares closed at 603.08 yuan on August 23, down over 10%, with market capitalization declining to 244 billion yuan. The stock lost over 20 billion yuan in market value compared to the previous trading day's close. Meanwhile, Unitree shares on trade.xyz fell nearly 7% in 24 hours to around 89 USD.

According to Odaily, PeaqOS integrated World ID on August 21, enabling robots running on PeaqOS to verify zero-knowledge proofs of real, unique humans without collecting personal data such as names or facial information. The system uses cryptographic proofs instead of identity details. PeaqOS functions as a coordination layer, connecting World ID through decentralized identifiers and recording auditable interaction logs. The solution is applicable to autonomous delivery, shared robotics, and pha

According to Iran's Foreign Ministry spokesperson Baghaei and state media CCTV, on August 24, Iran said striking any source of aggression is its legal right under international law. Baghaei stated that no country needs to worry about Iran unless it facilitates illegal actions by aggressors (the U.S. and Israel), and Iran will resolutely defend its national sovereignty.

According to Iranian Foreign Ministry spokesperson Baghaei, on August 24, Iran has not received a formal invitation to the Mecca Collective Defense Agreement. However, in ongoing discussions with member states, Iran has proposed recommendations aimed at ensuring regional security.

According to BlockBeats, Binance co-founder He Yi warned on August 24 that CZ does not use WeChat. He Yi clarified that the "Binance Marketplace" actively promoted in WeChat groups and accounts impersonating CZ are fraudulent schemes. Users are urged to verify official channels and be cautious of impersonation-based scams.

According to market commentary, Samsung Electronics saw an 8% stock price decline on Friday following the announcement of its largest-ever shareholder return plan. The decline contrasts with SK Hynix, whose stock rose after announcing a similar buyback initiative. Market participants expressed disappointment that the plan fell short of initial securities industry expectations of up to 200 trillion won, particularly noting the absence of share buyback commitments outside of employee compensation

Iran's Foreign Ministry spokesman stated today that Iran will mobilize all bilateral capabilities to counter U.S. economic sanctions.

Investor Michael Burry expects Nvidia to post strong Q2 earnings on Wednesday but warns that roughly 100% of chipmakers' announced revenue is circular, according to his Substack comments. Burry said the earnings will be "lights out" but driven by FOMO rather than independent demand, citing data from the Bank for International Settlements (BIS). Nvidia's Q2 revenue is projected to reach $91.48 billion, more than double from a year ago, with adjusted earnings of $2.07 per share, according to Fisca

According to News1, SK Hynix launched a 40 trillion won self-share buyback program starting August 20, aiming to acquire and cancel 24.07 million shares by November 19. The company is applying to repurchase 650,000 shares daily. As of August 24, the chipmaker has completed approximately 1.95 million shares, representing 8% of the target volume, at an average purchase price of 1.716 million won per share. Share buybacks accounted for 10%-15% of daily trading volume over the period, with a real-ti

According to Jin10, Western Gold announced on August 24 that its gold product sales volume for the first half of 2026 (January-June) reached 10.14 tons, up 70.96% year-over-year, while production volume grew 63.69% to 9.66 tons. The company also reported electrolytic manganese and manganese ingot sales of 38,800 tons, alongside 159,400 tons of manganese ore sales during the same period.

According to Jin10 data, Western Gold announced on August 24 that its H1 2026 net profit attributable to shareholders reached 547 million yuan, up 315.67% compared to 132 million yuan in H1 2025. Operating revenue for the period was 11.043 billion yuan, up 119.62% year-over-year. The company will distribute a cash dividend of 0.50 yuan per 10 shares, totaling approximately 45.55 million yuan.

According to Interactive Brokers, the broker integrated SafetyPay as an account-funding option for eligible clients in Latin America, enabling deposits from personal bank accounts in local currencies before accessing global markets. SafetyPay, owned by Paysafe, covers more than 380 banks and 16 countries across the region, providing fast and low-cost transfers through local payment infrastructure. Clients will be able to trade stocks, options, futures, currencies, bonds and funds across more tha

According to RootData's latest ranking of stock derivative exchanges, HTX leads with the highest 24-hour weighted spread at 0.904%, followed by Crypto.com at 0.452% and OrangeX at 0.357%. Binance, Gate, and OKX tie for the lowest spread at 0.01% each. Higher spreads typically indicate greater trading costs for users.