Gate Crypto Flash News and Market Updates

U.S. stock futures traded mixed in the overnight session late Thursday as investors awaited Federal Reserve Chair Kevin Warsh's speech scheduled for Friday at the Fed's annual Jackson Hole symposium in Wyoming. Nasdaq-100 futures fell 0.05%, while Dow futures and S&P 500 futures gained 0.15% and 0.01%, respectively. The move came after all three major indexes closed higher on Thursday, with Nasdaq Composite adding 1.57%, S&P 500 rising 0.72%, and Dow Jones Industrial Average advancing 0.20%, dri

According to Seoul Economic Daily, Samsung Electronics is developing 8-layer HBM4E high-bandwidth memory to meet Nvidia's specifications for its custom NVHBM product, as of August 28. The target speed is 17–18Gbps, representing approximately 20% improvement over Samsung's earlier HBM4E samples at 14.4Gbps. The 8-layer design reduces wafer thinning, precision stacking, and backend packaging complexity while easing yield pressure and increasing supply capacity. NVHBM is expected to be deployed sta

According to Crypto Briefing, Strategy Inc. (formerly MicroStrategy) briefly ranked among the 10th-most actively traded equities in the United States in late August, generating $4.4 billion in daily trading volume and surpassing Microsoft and Meta in share turnover. On August 19, the company's stock moved 49.2 million shares; on August 20, volume reached 46.9 million shares; by August 24, it remained above 40 million shares. Strategy holds over 840,000 BTC on its balance sheet, accumulated throu

According to the Associated Press, Meta agreed to pay up to $18 billion and implement stronger child-safety measures on Facebook and Instagram on Wednesday as part of a legal settlement. The settlement resolved claims filed by nearly every U.S. state regarding teen social media addiction allegations.

According to StarkWare, the first quantum-safe Bitcoin transaction was confirmed in block 964,199 on Wednesday, August 26 at 8:48 p.m. UTC, mined by MARA Pool. The transaction combined 39,179 and 10,000 satoshis into a 44,000-satoshi output, paying 5,179 satoshis in fees, and was designed to shield coins from future quantum attacks without altering Bitcoin's consensus rules. The Quantum Safe Bitcoin (QSB) method, developed by StarkWare researcher Avihu Levy, uses "signature grinding" to base sec

According to analyst firm The Kobeissi Letter, Solana processed a record 4.2 billion transactions in July, up 13.5% from June and 91% above December 2025. On Aug. 28, validators entered the final epoch of the network's first formal governance vote, with three measures on the ballot including SIMD-0550, a proposal to accelerate disinflation by removing about 18.9 million SOL—worth approximately $1.5 billion—over six years. All three proposals met quorum by Aug. 28, with 47.29% of staked SOL parti

According to the National Pension Service (NPS) fund management division, the South Korea state pension achieved a 27% return rate in the first half of 2026, marking a historic high. As of June 28, the NPS fund accumulated assets reached 1,866.6 trillion Korean won, up 408 trillion won or 28% from 1,458 trillion won at the end of 2025, surpassing the full-year 2025 return within just six months.

According to the Financial Times, UK Chancellor of the Exchequer Jeremy Hunt shelved his target for defense spending to reach 3% of gross domestic product (GDP) by 2030, today (August 28).

According to Korea Exchange, SK Telecom established a separate entity called SK Horizon on August 28 to house its artificial intelligence data center business and secured approximately 3 trillion won in external funding. The spinoff aims to unlock independent value in the AIDC business and reduce financial burden from large-scale investments. SK Telecom's stock was trading down 1.31% at 97,800 won as of 2:50 p.m. KST.

According to Bloomberg, Nvidia filed paperwork Thursday to establish an employee-funded Political Action Committee. Eligible employees can contribute up to $5,000 annually to the PAC, which will donate to candidates from both parties. Nvidia spent more than $2.5 million on federal lobbying in 2026 and hired former Intel government affairs executive Bruce Andrews as chief external affairs officer. Meanwhile, tech billionaires are accelerating political donations. Tesla and SpaceX founder Elon Mus

According to Stocktwits, Strive Inc. (ASST) shares gained more than 7.5% at close on Thursday and are tracking their best monthly performance since May 2025, following strong quarterly results and continued Bitcoin accumulation. The company recently disclosed in a regulatory filing that it purchased 1,110 BTC between August 17–21 at an average price of $73,409 per BTC, bringing its total holdings to 21,356 BTC, or more than 1 out of every 1,000 Bitcoin that will ever exist. BTC prices have surge

According to Jin10, Tencent Hunyuan unveiled Hy4 preview on August 28, featuring 770 billion total parameters and 49 billion activated parameters with a 1 million token context length. The model demonstrates advanced performance across code, office productivity, and scientific tasks.

According to Yonhap Infomax, DB Insurance announced on August 28 a mid-term shareholder return plan targeting a consolidated dividend payout ratio of 40% and annual dividend per share (DPS) growth of at least 10% through 2030, up from the previous target of 35% set for 2028. The company introduced a new Dividend Coverage Ratio (DCR) metric, set at a 200% safety threshold alongside the K-ICS (Korea Insurance Capital Standard) ratio at 180%, to ensure dividend sustainability while maintaining capi

According to BlockBeats citing TradingBeats monitoring, a whale opened a short position overnight on August 28, selling approximately 390.86 BTC at roughly $30.77 million. The trader adjusted its existing 199.45 BTC long position to a 190 BTC holding, reflecting a net reduction in bullish exposure.

According to Economist, on August 21 and 25, Kakao and SK Innovation announced major restructuring plans, triggering significant stock declines in South Korea's capital markets. Kakao revealed an equity split plan to divide the company into KakaoAI and KakaoX, with shares falling over 7% following the announcement. SK Innovation approved the absorption merger of its subsidiary SK IE Technology (SKIET), resulting in an 11.04% stock price drop the next day. Investors expressed concerns over both d

According to JPMorgan Chase economist Takuho Morimoto, Tokyo's core inflation rate, after excluding the effects of utility and childcare subsidies, likely reached 2.5% on August 28, significantly higher than the government's reported 2% figure and exceeding the Bank of Japan's 2% target. JPMorgan expects inflation to accelerate further before year-end, increasing pressure on the BOJ and raising risks that delayed policy responses could prove costly.

According to Inco Network, the blockchain privacy layer was deployed on Celo Sepolia testnet on August 27, enabling private digital asset balances within Celo-supported wallets. The deployment allows developers to test privacy-focused applications and explore confidential asset functionality in a controlled environment before potential production implementation. The integration supports shielded asset management, confidential DeFi, sealed-bid auctions, confidential governance, and confidential g

According to PRNewswire, Hyperliquid Strategies, the Nasdaq-listed company trading as PURR, raised approximately $646.6 million through an equity facility for its fiscal year ended June 30, 2026, more than doubling its HYPE holdings to 29.3 million tokens valued at about $1.9 billion. The company also generated $305.5 million in net income for the year, with unrealised gains on HYPE accounting for $709.9 million of the result. By August 19, Hyperliquid Strategies had spent an additional $773.4 m

According to Nikkei, Japan's Financial Services Agency issued a policy statement on Aug 28 restricting the domestic sales of leveraged exchange-traded funds (ETFs) targeting individual stocks that are listed overseas, deeming them inappropriate for public interest protection.

According to Morgan Stanley, the Bank of Korea will continue its rate-hiking cycle with additional increases planned for November and February next year, ultimately raising the benchmark rate to 3.5%, according to a report released on August 28. The forecast contrasts with market interpretation; Morgan Stanley cited strong economic growth and persistent inflation pressures as justification for further hikes beyond yesterday's 0.25 percentage point increase to 3.0%.