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
04:41

SpaceX AI to Deploy Nvidia Vera CPU for Next-Gen AI Agents, 1.8x Faster Than x86

According to Beating AI, SpaceX AI will deploy Nvidia's Vera CPU to run next-generation AI agents. The processor handles model invocations, tool calling, code execution, data processing, and task orchestration—not model training, which remains GPU-dependent. Vera features 88 Nvidia Olympus CPU cores and up to 1.2TB/s memory bandwidth, delivering completion speeds up to 1.8x faster than x86 CPUs on agent and reinforcement learning tasks, Nvidia stated.
04:41

Binance Launches 5 Crypto-TradFi Perpetual Contracts with Up to 20x Leverage on August 25

According to Binance's official announcement, the exchange will launch 5 USD-based perpetual contracts on August 25 at 17:00–17:20 UTC+8, tracking traditional finance assets including Haliburton leveraged ETF, DRAM-themed ETF, Donald Trump Media & Technology (DJT), and Moderna (MRNA). All contracts will be settled in USDT and support 24/7 trading with up to 20x leverage. Funding rates reset every 8 hours with a maximum cap of +2% and floor of -2%.
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04:41

China's Chemical Sector Rises Over 2% as Brent Crude Surges 30% Since July

According to Jin10 Futures, as of 11:30 today (August 25), China's chemical sector rose broadly, with fuel oil, ethylene glycol, para-xylene, benzene, and styrene climbing over 2%. Brent crude oil futures have gained approximately 30% since early July, currently trading near $91 per barrel. Morgan Stanley raised its Brent crude price forecast, projecting the benchmark to reach $100 per barrel in the fourth quarter of this year.
04:38

Asset Managers Reassess Climate Risks on Portfolios After Europe's Heat Wave

According to Jin10, on August 25, asset managers are reassessing how climate change will impact their portfolios following Europe's recent heat wave. Panda Asset Management's senior investment manager Self noted the company has received numerous client inquiries regarding risks and investment opportunities from extreme temperatures. Nuveen indicated that impacts from European droughts will soon reflect in corporate credit spreads. Meanwhile, global companies' recent filings mention extreme heat
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04:37

Five South Korean Brokerages Cut Kakao Price Targets, with Kiwoom Securities Slashing by 36.4%

According to Herald Economy, five South Korean brokerages lowered Kakao's stock price targets on August 25, citing uncertainty over the AI division's profitability following the company's planned split in January 2027. Kiwoom Securities led the cuts with a 36.4% reduction, bringing its target from 110,000 won to 70,000 won, while Meritz Securities, Daol Investment & Securities, Samsung Securities, and Hana Securities cut targets by 28.8%, 25.0%, 18.4%, and 13.8%, respectively. The analysts also
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04:36

Coinbase Launches Tokenized AAPL, NVDA, META, GOOGL Stocks on Base for Non-US Users on Aug. 24

According to Coinbase, eligible non-U.S. investors gained onchain access to tokenized shares in four major U.S. companies on Aug. 24. Coinbase issued the B20-standard tokens on Base, with each token representing a 1:1 claim on underlying shares held through a regulated custodian. The launch includes Apple Inc. (AAPL), Nvidia Corp. (NVDA), Meta Platforms Inc. (META), and Alphabet Inc. (GOOGL). Chainlink provides continuous pricing data to support trading, lending, and collateral valuations across
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LINK2.08%
04:35

Ukraine's Defense Industry Faces Critical Talent Shortage, Threatens Drone Innovation on August 25

According to Jin10 and industry officials, on August 25, Ukraine's defense industry faces a critical talent shortage that threatens its ability to maintain rapid drone innovation. BlueBird Tech Chief Operating Officer Yurii Faraponov stated the company cannot meet some front-line demands due to insufficient engineers. The Ukrainian Defense Industry Association's deputy chairman Sergii Vysotskyi noted that some enterprises are recruiting retired professionals to return to work. Ukraine's working-
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04:33

Bitcoin Breaks $80,000 for First Time Since Mid-May

Bitcoin surged above $80,000 for the first time since mid-May, marking a significant recovery in the asset's value. The milestone reflects continued strength in digital asset markets amid broader economic conditions.
BTC3.92%
04:33

South Korea Eyes KOSDAQ Listing Rule Adjustments as 26 Profitable Firms Face Delisting Risk

According to Finance Minister Lee Euk-yeon, South Korea is reviewing adjustments to KOSDAQ listing maintenance standards. The stricter criteria, intended to expedite removal of underperforming companies, have created an unintended consequence: 26 listed companies with positive operating profits and solid equity capital face delisting risk solely due to market capitalization falling below 20 billion Korean won. The finance ministry is considering fine-tuning the standards to address the issue.
04:33

Japan Plans AI-Powered Material Development Platform to Speed Up Innovation 10x by 2027

According to Nikkei Asia, Japan's Ministry of Economy, Trade and Industry (METI) is developing an AI-powered data sharing platform designed to accelerate new material development by approximately 10 times. The platform will aggregate material-related data shared by manufacturers and use artificial intelligence to expedite the discovery of new chemical compositions and formulations. METI targets launch as early as fiscal year 2027.
04:33

PBOC Issues Treasury Bills in Hong Kong, Raises 3-Month Yield to 1.30%

According to the People's Bank of China, on August 25, the central bank auctioned three-month treasury bills in Hong Kong with a settlement rate of 1.30%, up from 1.13% in the previous auction. The one-year treasury bills were priced at 1.35%, a 3 basis point increase from the prior 1.32% rate.
04:31

KB Financial Group Targets 57% Shareholder Return Rate, Drawing Market Focus to Top Dividend Stocks Today

According to Herald Economics, today August 25, KB Financial Group is drawing significant market attention with its planned 57% shareholder return rate for 2026, alongside self-share buyback programs. KB Financial plans to allocate 700 billion Korean won of its 880 billion won half-year distribution toward buybacks and cancellations, with the remainder for additional purchases or cash dividends. Samsung C&T and SK Square are also emerging as candidates for expanded shareholder returns, with self
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04:30

South Korea's FSC Introduces Fund Core Risk Standard, Mandates 20% Loss Disclosure

According to Yonhap Infomax, South Korea's Financial Supervisory Service introduced a new 'Fund Core Risk Standard' on August 25, strengthening investor protections for high-risk investment products. Asset managers must now disclose historical losses exceeding 20% in their securities filings and explain key investment risks in consumer-friendly language. For leverage and inverse funds, managers must also detail maximum loss scenarios, such as potential 60% daily losses during market limit-down e
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04:30

South Korea's Koribor Rates Rise 0.01% Across Major Tenors on August 25

According to Yonhapinfomax, on August 25 at 11:21 a.m., South Korea's Koribor (Korea Inter-bank Offered Rates) rose by 0.01% across multiple tenors. The 2-month rate reached 2.98%, 3-month at 3.09%, 6-month at 3.38%, and 12-month at 3.72%, each up 0.01% from the previous day. The 1-week rate remained at 2.75%, while 1-month stayed at 2.87%.
04:30

Alibaba Raises $11.3 Billion in Hong Kong's Largest Equity Offering on August 23

According to Alibaba's announcement on August 23, the Chinese tech giant raised 80 billion Hong Kong dollars (approximately $11.3 billion) through equity issuance in Hong Kong, marking the largest equity offering in the exchange's history. All proceeds will be directed toward AI chip development, proprietary AI models, AI cloud infrastructure, and data center investments. The financing ranks as the world's third-largest capital raise this year, following offerings by Google parent Alphabet and I
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04:29

China Launches Level 4 Flood and Typhoon Emergency Response for Zhejiang as Typhoon Saudel Approaches

China's State Flood Prevention General Command and Emergency Management Ministry launched a Level 4 flood and typhoon emergency response for Zhejiang on August 25 at 10 a.m., according to official decision. Typhoon Saudel, classified as super typhoon-strength, is expected to enter the East China Sea on August 26 and approach coastal areas of Zhejiang and Fujian. Affected regions in southeastern Zhejiang are forecast to experience heavy to torrential rain.
04:27

Ukrainian Drones Strike Afiski in Krasnodar Krai, Killing 2 and Injuring 2

According to Krasnodar Krai Governor Kondratyev, Ukrainian drone strikes hit the town of Afiski on the Black Sea coast on August 25 at dawn. The attack damaged at least 10 residential buildings and triggered fires at a local oil refinery and train station area. Drone debris fell near Afiski railway station, resulting in 2 deaths and 2 injuries.
04:27

China Activates Level 4 Flood Response for Beijing, Tianjin, Hebei, Inner Mongolia, Qinghai on August 25

According to CCTV News, on August 25 at 10:00 AM, China's National Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management activated a Level 4 flood emergency response for Beijing, Tianjin, Hebei, Inner Mongolia, and Qinghai. The activation follows weather forecasts predicting significant rainfall across northwestern China, Inner Mongolia, and North China over the next three days, with heavy to torrential rain expected in parts of Qinghai, Inner Mongolia, Hebei, Be
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