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
09:07

Russia Warns UK, France Over Storm Shadow Missile Transfer to Ukraine, Threatens Retaliation on Thursday

According to Russian Foreign Ministry spokeswoman Maria Zakharova on Thursday, August 27, France and England's provision of sensitive missile technology to Ukraine constitutes 'playing with fire' and may trigger unpredictable consequences for Paris and London. On Monday, UK and French leaders committed to enhanced military support for Kyiv, including granting access to classified technology and accelerating air defense missile deliveries. Britain announced it will permit Ukraine to acquire class
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09:05

B.AI Launches Zhipu GLM-5.3-Flash Model With Free API Access on August 27

According to ChainCatcher, on August 27, B.AI announced the launch of Zhipu GLM-5.3-Flash model on its platform with free API access for developers. The model features 320B total parameters and 18B active parameters, supporting 1M context length and multimodal tasks. Developers can now call the model through B.AI API at zero cost.
09:04

China Launches 1-Year Vehicle Quality Improvement Initiative Today

According to CCTV News, four Chinese government agencies—the Ministry of Industry and Information Technology, Ministry of Public Security, Ministry of Ecology and Environment, and State Administration for Market Regulation—jointly launched a product quality and production consistency enhancement initiative for road vehicles today (August 27). The year-long supervision campaign will focus on intelligent connected vehicle safety capabilities, enterprise design and production capacity, and product
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09:03

UK Warned Against Israeli Settlement Sanctions; 1,200 Units, Possible Trade War with Trump

According to Jin10, on August 27, UK Prime Minister Keir Starmer was warned that pushing forward with trade sanctions on Israeli settlements could trigger a trade war with U.S. President Trump. Labour MPs cautioned the Prime Minister that planned trade bans over Israel's construction of 1,200 settler units in the West Bank could provoke White House retaliation. At least 140 Labour MPs support the sanctions proposal, seeking measures stricter than any other European country, covering both goods a
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09:01

South Korean Convertible Bond Issuance Surges 35% in 2026, Reaches 7.49 Trillion Won as of Aug 27

According to the Korean Depository and Custodian, convertible bond (CB) issuance in South Korea reached 7.49 trillion won (281 issues) as of August 27, 2026, up 35% from the entire year 2025 (5.54 trillion won). Companies are increasingly turning to convertible bonds as an alternative financing method amid stricter regulatory scrutiny of equity offerings by the Financial Supervisory Service. Large corporations, traditionally reliant on traditional financing methods, are now issuing convertible b
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09:01

SpaceX Investment Surges to $2 Billion for Orange County Pension Fund Over 8 Years

According to Bloomberg, Orange County Employees Retirement System's $60 million investment in SpaceX approximately eight years ago has grown to roughly $2 billion. While the substantial gains have provided significant returns for the pension fund, the concentrated position in a single volatile asset now presents elevated portfolio risk, prompting the fund to reassess its risk management strategy.
08:59

Iraq Offers Oil Buyers Pickup Option Outside Strait of Hormuz for First Time Since War

According to Jin10, Iraq's state oil marketer SOMO is offering buyers a new pickup location outside the Strait of Hormuz for the first time since the Iran conflict began. The organization is selling Basrah medium and heavy crude through tender, with buyers able to receive shipments via ship-to-ship transfers near Oman's coast in September. The move signals a strategic shift as Iraq addresses concerns over transit risks through the Hormuz Strait.
08:56

Nvidia's $108B Q3 Revenue Forecast Ignites Tech Rally; Nasdaq Futures Jump 1% in Premarket Thursday

Nvidia delivered a blockbuster quarter and guided Q3 revenue of $108 billion Thursday, reigniting enthusiasm around the artificial intelligence trade and lifting U.S. stock futures across the board. As of 4:30 a.m. ET Thursday, Nasdaq futures rose 1%, while S&P 500 futures gained 0.5%. Nvidia shares surged 7% in early premarket trade. The rally rippled across memory stocks—Micron Technology (MU) and SanDisk (SNDK) gained on Nvidia's indication that memory supply had become a major growth constra
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08:55

Lotte General Insurance Shifts to Public Auction After Negotiations with Shinhan Collapse Over 1 Trillion Won Valuation

According to Seoul Economic Signal, Lotte General Insurance shifted to public auction today (August 27) after price negotiations with Shinhan Financial Group failed. Shinhan had offered 1 trillion won for 100% stake, while controlling shareholder JKL Partners sought early-1-trillion won valuation. The company plans to announce the public sale in late September, receive letters of intent by end of October, and select a preferred bidder by year-end. Lotte General Insurance remains the largest dome
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08:55

SKIET Falls 8.72% Overnight as SK Innovation Share Price Pressures Merger Exchange Value

According to Korea Exchange, SK aE Technology (SKIET) fell 8.72% to 18,220 won on August 27, a sharp reversal from the prior day's surge to 19,960 won on merger expectations with SK Innovation. The stock decline reflects a widening gap between current prices and the calculated merger exchange value. Based on the merger ratio of 1:0.1174540, SKIET shareholders will receive approximately 1.2 SK Innovation shares per 10 SKIET shares held. With SK Innovation recently trading around 112,000 won, the
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08:55

SK Telecom Spins Off Data Center Unit as SK Horizon with $2.23B Investment on August 27

According to SK Telecom, on August 27 the company announced plans to spin off the data center and submarine cable businesses of SK Broadband into a new entity, SK Horizon. The move includes a combined 3.08 trillion won (US$2.23 billion) equity investment from KKR and the IMM Investment-Stonebridge consortium. Upon completion, SK Telecom will retain 51% of SK Horizon, while KKR and the IMM consortium will hold 29% and 20% respectively. SK Horizon will operate eight existing data centers plus AI d
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08:53

Bitget Leads in TradFi Asset Depth With $1.93B, 25.3% Market Share: RootData

According to RootData's latest tokenized assets dashboard data, Bitget leads in TradFi asset depth with approximately $1.93 billion, commanding 25.3% market share. The data covers only crypto-native asset types including futures and tokenized instruments, excluding traditional stock brokerage data.
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08:49

Lotte Insurance Switches to Public Bidding as Q2 Profitability Returns, Capital Ratio Improves 16 Percentage Points

According to Capital Market Compass Signal, Lotte Insurance shifted to a public bidding process on August 27 after discussions between private equity firm JKL Partners and Shinhan Financial Group stalled. The move has renewed interest from multiple financial conglomerates and insurers seeking to acquire the largest remaining mid-cap insurance asset. Financial metrics have strengthened significantly: the basic capital ratio improved from -21.4% in Q1 to -5.4% in Q2, and the company posted net inc
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