Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
01:19

Multiple China-Listed ETFs Hit Record Premiums, Triggering Trading Halts on August 13

According to Jin10 data, on August 13, several China-listed exchange-traded funds experienced significant trading premiums, prompting temporary trading halts and risk warnings. The China-Korea Semiconductor ETF paused trading for one hour in the morning amid a surge in premium levels, while the Nasdaq Tech ETF halted until 10:30 a.m. with a 22.37% premium. Additionally, over 70 funds reached historical net value highs, with some gaining more than 50% year-to-date, while 50 funds launched during
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01:16

Naver Invests in Panthalassa for Wave-Powered Offshore AI Datacenters on August 13

According to Yonhap Infomax, Naver invested in Panthalassa, a U.S. startup developing wave-powered offshore AI datacenters, on August 13. The investment amount was not disclosed. Founded in Oregon in 2016, Panthalassa integrates wave energy generation, AI computing, and seawater cooling into floating datacenters, reducing reliance on conventional power plants and cooling infrastructure while minimizing land requirements. The company targets commercialization by 2027 following its Ocean-3 prototy
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01:16

Oxford Economics Forecasts Middle East Conflict Will Reduce Hormuz Strait Traffic Through 2028

According to Oxford Economics on August 12, the U.S.-Iran tensions and prolonged hostile actions make a sustained decline in shipping through the Strait of Hormuz the most likely scenario. The organization predicts traffic through the strait will remain significantly below pre-conflict levels through at least 2028. OE expects crude oil prices to average $85 per barrel for the remainder of 2026, then decline to approximately $65 per barrel by end of 2027, citing offsetting pressures including inc
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01:13

K&S Inc. Doubles on KOSDAQ IPO Debut, Subscription Rate Hits 1,080-to-1

According to the Korea Exchange, satellite communication antenna solution provider K&S Inc. (487400) surged 100% on its KOSDAQ IPO debut on August 13, trading at 23,750 won and achieving a 'double' from its 11,750 won offering price. The company's institutional subscription rate reached 938.24-to-1 during the demand forecast period, with retail subscriptions hitting 1,079.55-to-1, reflecting strong investor interest in its military antenna technology and growth potential.
01:11

Whale "TLBL" Loses Over $26 Million in Private Key Compromise Attack

Gate News message, whale "TLBL" has suffered a second major security breach, losing over $26 million in digital assets across three wallets. The whale's private key was compromised, resulting in the complete drainage of funds. This incident follows a previous phishing attack two years ago in which the same whale lost $24 million. The combined losses from both incidents exceed $50 million.
01:11

ASX Faces $14.4M Fine; Shareholder Seeks to Sue Former Executives

According to ChainCatcher, the Australian Securities Exchange (ASX) shareholder Rosherville Pty Ltd notified ASX on August 13 of its intent to seek federal court permission to file a derivative lawsuit against former ASX officials and directors. On July 3, the Federal Court ordered ASX to pay $14.4 million in penalties and $2.1 million in Australian Securities and Investments Commission (ASIC) litigation costs. The litigation does not allege wrongdoing by ASX itself. The identities of the former
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01:09

Researchers Discover Multiple Zoom Vulnerabilities Using Under 20 AI Prompts in 24 Hours on August 13

According to Decrypt, an Israeli cybersecurity firm ASecurity disclosed on August 13 that a researcher discovered multiple vulnerabilities in Zoom's annotation tool using fewer than 20 AI prompts within 24 hours. The researcher identified three flaws (CVE-2026-53413, CVE-2026-53414, and CVE-2026-53415) that enable remote code execution without user interaction, potentially allowing attackers to control devices and access microphones, cameras, or data. The attack was validated across Windows, mac
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01:09

ChatGPT to Read Screens and Track Meetings Within Six Months, Altman Says

According to Sam Altman at Internapalooza 2026, ChatGPT will soon become a comprehensive AI assistant rather than just a chat tool. The OpenAI CEO described future capabilities including reading users' screens, tracking meetings and calls, and connecting to messages, emails, documents, and Slack—all with user permission. Altman said the AI could proactively identify issues and complete tasks like drafting sales proposals. He predicted such functionality could arrive within the next generation of
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01:09

Colombia's Earthquake Kills 265 People, Affects Over 53,000 on August 10

According to Colombian President Gustavo Petro, the country's earthquake on August 10 has killed 265 people, injured 3,494 others, and left 496 missing, affecting over 53,000 residents. Petro announced on August 12 that the government will declare a state of economic emergency to address the disaster, allowing the president to make special decisions without implementing new taxes.
01:09

Securitize Stock Plunges 20% After-Hours on Q2 Earnings Miss

According to BlockBeats citing BIT data, Securitize (SECZ) stock plunged 20% in after-hours trading on August 13 following its first earnings report as a public company. The tokenization firm reported Q2 revenue of $14.4 million, down 5% year-over-year and below analyst expectations of $20.6 million. The company posted a loss per share of $2.37, significantly exceeding the projected loss of $0.15, with net losses totaling $21.7 million.
01:09

South Korea's H1 2026 Fiscal Deficit Reaches 84.4 Trillion Won, Total Revenue Up 61.3 Trillion Won YoY

According to South Korea's Ministry of Economy and Finance, the country's cumulative fiscal deficit from January to June 2026 reached 84.4 trillion won. Total revenue for the period stood at 381.9 trillion won, up 61.3 trillion won compared to the same period last year. National tax revenue reached 223 trillion won, an increase of 33 trillion won year-over-year. The ministry noted that August collections, driven by corporate interim tax payments, are expected to temporarily improve the fiscal ba
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01:07

KEPCO Q2 Operating Profit Slumps 47.2%, Brokerages Cut Price Targets to 48,000-55,000 Won on August 13

According to multiple brokerages, Korea Electric Power Corporation's Q2 operating profit fell 47.2% year-over-year to 1.13 trillion won, missing market consensus by 42.5%, while net profit declined 76.5%. The company's stock price target was slashed across the board, with LS Securities lowering guidance to 52,000 won, KB Securities to 48,000 won, and other firms to 47,000-55,000 won, down from prior targets above 60,000 won. The earnings collapse stems from surging fuel costs amid Middle East ge
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01:05

U.S. Options Firms Narrow Insider Trading Case Against Futu Tiger to 45 Individuals, $155M in Illicit Gains

According to Caixin, U.S. options market makers Susquehanna International Group and Citadel Securities have narrowed the scope of an alleged insider trading case linked to Futu Tiger's options trading platform to 45 individuals controlling 47 accounts as of August 13, with cumulative illicit gains reaching $155 million. The majority of the individuals are located outside the United States, with many residing in mainland China and Hong Kong. Individual gains range from tens of millions of dollars
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01:02

Securitize Stock Plunges 15.9% in After-Hours Trading After First Quarterly Earnings as RWA Tokenization Firm

According to Yahoo Finance, Securitize's stock plunged 15.9% to $6.61 in after-hours trading on August 13 (Korea time) following the company's Q2 2026 earnings release, with intraday losses at one point exceeding 20%. The decline came despite closing the regular session up 6.36% at $7.86. The sell-off was driven by deteriorating profitability despite business growth. Q2 revenue fell 5% year-over-year to $14.4 million, while net loss more than tripled to $21.7 million. Adjusted EBITDA swung from
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