Gate Crypto Flash News and Market Updates

According to iNews24, Hanmi Pharmaceutical signed an exclusive technology transfer agreement with Genentech, a Roche subsidiary, on August 26 for the investigational obesity and metabolic disease treatment HM17321, with a total deal value of approximately $2.3 billion. The company will receive $190 million in upfront payments with no repayment obligation, equivalent to 1.5 times its prior-year operating profit. This marks Hanmi's second major technology transfer deal in 2026, following a June ag

China's overnight SHIBOR (Shanghai Interbank Offered Rate) traded at 1.4120% overnight, down 2.3 basis points. The 7-day SHIBOR declined 2.95 basis points to 1.4240%, while the 3-month SHIBOR remained flat at 1.4300%.

According to Singapore Maritime Port Authority data, Singapore maritime fuel sales in July 2026 reached 4.73 million tons, rising 1.35% month-on-month and declining 3.78% year-on-year. The number of vessels bunkering at Singapore ports reached 3,675, up 1.57% from the previous month, with average fuel per vessel at approximately 1,287 tons. August supply tightness continued to support the market, as reduced arbitrage inflows of low-sulfur fuel and Middle East tensions plus Ukrainian strikes on R

According to BlockBeats, a whale address (0x6046) closed a 559.36 BTC short position yesterday, incurring a loss of approximately $810,100, then reversed into a long position within 10 minutes. The address purchased 428.287 BTC for approximately $34.59 million at an average entry price of $80,761. The long position now shows an unrealized loss of approximately $677,100. Combined with the realized loss from the short closure, total losses across both position reversals amount to approximately $1.

According to RootData, DoubleZero (2Z) will unlock approximately 13.541 million tokens worth about $7.64 million on September 2 at 1 PM Beijing time.

According to RootData, Somnia (SOMI) will unlock approximately 19.97 million tokens worth around $2.18 million on September 2 at midnight Beijing time.

According to RootData, Zama will unlock approximately 279.58 million ZAMA tokens valued at around $14.8 million on September 2 at 00:00 UTC+8.

According to RootData, Quack AI (Q token) will unlock approximately 248.6 million tokens worth about $5.45 million on September 2 at 00:00 UTC+8.

According to RootData, the Web3 asset data platform, Ethena (ENA) will unlock approximately 110.95 million tokens on September 2, 2026, worth approximately $16 million.

According to TradingBeats, a whale trading SKHX yesterday (Aug 26) has accumulated 35,600 long positions worth approximately $44.2 million and achieved unrealized gains of about $2.559 million at current price of $1,240, which represents a 24-hour increase of 7.8%. This morning before the U.S. market close, the whale posted 100 sell orders concentrated between $1,320-$1,350, with a weighted average price of $1,335, planning to exit nearly its entire position worth approximately $47.59 million. I

According to Money Today, South Korea's stock market entered a holding pattern on August 26 ahead of Nvidia's earnings report and the U.S. July personal consumption expenditures (PCE) inflation data scheduled for release today. The KOSPI opened down 0.23% at 6,727.25 points, while the KOSDAQ fell 0.29% to 824.77 points. By 11:29 a.m., the KOSPI recovered to 6,816.82, up 1.10%. Analysts note that investors are adopting a wait-and-see approach until key corporate earnings and inflation data clarif

London spot gold rose 0.21% overnight to touch $4,696.83, marking a new high since mid-May. U.S. August consumer confidence fell to 89.4, the lowest level since January, according to the Conference Board. Meanwhile, U.S.-Iran ceasefire negotiations advanced significantly, with media reports indicating the two sides have reached consensus on ceasefire terms including freedom of navigation in the Strait of Hormuz, weighing on oil prices. Boston Federal Reserve President Beth Colins noted that cont

According to on-chain analyst Ai Yi's monitoring, mtaavebank.eth opened an 8x short position in CRCL early today, becoming the largest CRCL position holder on Hyperliquid with 162,593.75 CRCL worth approximately $14.95 million. The position was entered at $91.241 and is currently facing an unrealized loss of $121,000. Notably, this marks the address's first short trade in CRCL. Across 11 previous long trades, mtaavebank.eth accumulated profits exceeding $981,000.

According to Taiwan Affairs Office spokesman Zhang Han on August 26, the Democratic Progressive Party said it has no plans to reopen the Penghu 'mini three links' due to security concerns over mainland military activities. In response, Beijing highlighted the route's importance as a civil exchange channel. Since August 2024, mainland residents have made approximately 350,000 visits to Kinmen and Matsu via the existing links, Zhang stated, calling it a vital livelihood corridor connecting both si

According to Guru Club, on Tuesday (Aug 26), New York copper futures hit a record high of $6.7270 per pound, up 1.8%, surpassing the previous record of $6.7140 set on Aug 12. The September contract equivalent was approximately $14,830 per ton. Trade flows are being reshaped by anticipated U.S. tariffs of 15% on refined copper starting January 2027, potentially rising to 30% by 2028. Traders are redirecting large volumes of copper to the U.S. market in advance, triggering global price increases a

According to Mirae Asset Asset Management, AI infrastructure expansion will shift semiconductor supply bottlenecks from memory chips to components like multilayer ceramic capacitors (MLCC) and printed circuit boards (PCB), as server performance becomes more advanced. In a web seminar held today (August 26), the asset manager projected that global hyperscalers' capital expenditure will reach $839.2 billion in 2026, up 80.6% year-over-year, with remaining contracted value at $2.3 trillion—roughly

According to BlockBeats, South Korea's KOSPI index rose over 2% intraday on August 26, with Samsung Electronics gaining 2.63% and SK Hynix rising 3.04%, according to Bitget market data.

According to Jang Dong-hyeok, chairman of South Korea's ruling Democratic Party (People Power Party), on August 26, the party announced it will discuss virtual asset taxation policy at an internal meeting on August 27 before revealing its position to the public. The government plans to implement income tax on digital assets starting January 1, 2027. The ruling party has called for the policy's abolition or postponement, contrasting with the Democratic Party's approach.

According to Lookonchain monitoring, mysterious whale 0x6436 withdrew 798,000 HYPE ($6.5 million) from exchanges after two months of inactivity. The wallet has cumulatively withdrawn 1.36 million HYPE ($95.6 million) from exchanges at an average price of $70.

According to Lookonchain, on August 26, whale 0x6436 withdrew 798,000 HYPE ($6.5M) from exchanges after two months of inactivity. The wallet has cumulatively withdrawn 13.6 million HYPE ($95.6M) from exchanges at an average price of $70 per token.