Gate Crypto Flash News and Market Updates

According to Herald Economy on August 28, STI is conducting quality certification testing on reflux equipment for Taiwan-based ASE. The test results are expected by November. If the certification is passed, STI could secure a supply order valued at approximately 4 billion won, comprising about 60 units at 600-700 million won per unit. ASE is diversifying its supplier base for reflux equipment, with STI's validation from SK Hynix's HBM production line supporting its market entry.

According to Russia's Defense Ministry, on August 27, Russian forces destroyed 1 tanker, 2 fuel storage tanks, and 7 military warehouses in Ukraine. The tanker, which was docked at Izmail Port in Odesa region for supplying fuel to Ukrainian forces, and the two storage tanks were hit at Odesa Port. Russian forces also targeted military facilities in Kyiv region, including an enterprise producing remote-controlled ground equipment and a logistics facility storing multiple types of unmanned aerial

According to Jin10 data, on August 28, Russian State Duma Speaker Volodin criticized Japan's response to President Putin's visit to Iturup Island (known as Etorofu in Japanese). Volodin urged Japanese leaders to confront their country's history of aggression during World War II, which caused severe harm to multiple nations. He stated that Japan's revival of dangerous rhetoric would only lead to repeated failure.

As of 09:30 Beijing time on August 28, NYMEX gold fell 0.34%, while NYMEX silver rose 0.72%. NYMEX copper gained 0.07% in the same period.

According to SoSoValue, Solana spot ETFs recorded net inflows of $60.91 million on August 27 (yesterday). The Bitwise Solana Staking ETF (BSOL) led with $40.20 million in daily net inflows, bringing its cumulative total to $1.011 billion.

According to Nate Geraci, ETF Store president, despite traditional finance repeatedly declaring the crypto industry dead over the past year, crypto continues to develop and building has not stopped. Geraci noted that while crypto assets may be among the most frequently "killed" asset classes, industry construction has persisted regardless of price performance.

According to financial sources, KB Financial Group's chairman recommendation committee on August 28 shortlisted three final candidates for the next chairman: incumbent Chairman Yang Jong-hee, division head Lee Jae-geun, and former Woori Bank president Kwon Kwang-seok. The committee will conduct a second round of in-depth interviews on September 11 to select one final candidate, whose appointment will be confirmed at an extraordinary shareholders meeting in November. Market observers noted that Y

According to K33 data cited by PANews on August 28, Binance's traditional finance perpetual futures contracts generated 155.9 billion USD in average daily trading volume over the past month, approximately double that of BTCUSDT perpetuals at 73.9 billion USD. TradFi products now account for over one-third of Binance's total perpetual futures trading volume.

According to BlockBeats, Polymarket US withdrew two NFL player participation contracts on August 28, a day before their scheduled listing. The contracts were approved by the CFTC the previous day and no reason was disclosed for the withdrawal. The contracts were structured as binary options-style swaps. On the same day, Polymarket received CFTC approval for Bitcoin, Ethereum, and Solana price contracts, also structured as binary options-style paired swaps.

According to BlockBeats, whale "First Set 10 Big Goals" recovered two-thirds of its position in the 7.8-7.98 USD range overnight on August 28.

According to the State Council Information Office, on August 28, China's 2026 Service Trade Fair will establish its first dedicated 'China Services' exhibition section in the core area of the main theme pavilion. The section will showcase innovation achievements and representative cases from service trade sectors across regions. The fair will continue hosting the Global Service Trade Summit at high profile level and release authoritative reports including the China Service Trade Development Repo

Japan's 5-year government bond yield increased 2.5 basis points to 1.16% today. The move reflects recent shifts in market expectations regarding monetary policy and economic conditions.

According to market data, Nvidia's market cap surged by approximately 611 trillion won on Aug 28 following strong earnings results. The tech giant's financial performance confirmed robust demand for AI data center services, driving renewed investor confidence in the global semiconductor sector. Strengthened U.S. regulations against Chinese power equipment also fueled gains in South Korean power equipment and battery stocks, which posted significant advances on the back of the earnings momentum a

According to ChainCatcher, New Zealand's Association of Consumers and Taxpayers (ACT), the fourth-largest party in parliament, has proposed exempting capital gains tax on crypto assets held for over one year by individual retail investors. Assets held for less than one year and those held by professional traders or businesses would remain subject to current tax rules. ACT further proposed tax exemptions for small personal purchases using crypto and called for clear regulatory and tax rules for c

According to South Korea's Ministry of Science and ICT on August 28, three consortiums—led by SK Telecom, Kakao, and KT—were selected to operate the 'AI For All' project, a nationwide free AI service backed by government funding. The ministry plans to sign agreements with the consortiums in September and launch the service by year-end. The government will provide 512 Nvidia B200 GPUs to the operators this year, with full service costs covered through the state budget starting next year. SK Telec

The People's Bank of China conducted a 20 billion yuan 7-day reverse repurchase agreement operation today (August 28), with both bids and accepted amounts at 20 billion yuan. The operation rate was set at 1.40%.

BitGo completed the acquisition of NYDIG's institutional trading business today, according to its Thursday announcement. The deal includes approximately 30 NYDIG employees and their client relationships. NYDIG's business provides derivatives, structured products, financing, and capital markets solutions. BitGo plans to expand its institutional markets platform by offering derivatives and enhancing financing capabilities. BitGo's NYSE stock (BTGO) rose 1.99% to close at $7.16 on Thursday. NYDIG w

According to Bitcoin News, on August 28, French tax authorities disclosed that approximately 678,000 personal and corporate records were stolen in a data breach affecting the tax agency. The leaked data included names, addresses, income, and property information. CertiK data shows that among 52 verified crypto-related physical attacks globally in the first half of 2026, 33 occurred in France. French prosecutors previously charged a tax employee with using government databases to identify crypto

According to The Fact on August 27, Kiwoome Securities recorded a 62.5% withdrawal rate for new IPO preliminary reviews in 2024-2025, the highest among nine major Korean securities firms. The firm filed 8 petitions for general company IPOs during this period, with 5 withdrawn at the preliminary examination stage. The next highest withdrawal rate among competitors was 33.3%, leaving a gap of 29.2 percentage points. As of mid-August, Kiwoome Securities has not filed any new general company IPO app

According to BlockBeats, major Bitcoin holder Garrett Jin stated on August 28 that Bitcoin is approaching a supply-dense zone, with key resistance between $80,000 and $82,500. U.S. spot ETFs have accumulated $2.8 billion in inflows over eight consecutive trading days, with August totaling $3.3 billion—the highest monthly inflow this year. On-chain data shows seven-day average net realized profit of $752 million, with realized gains near $1.1 billion against losses of $354 million. Garrett Jin no